After dropping 228 points on Friday, the Dow Jones Industrial Average is looking set for another drop of more than 300 points as coronavirus fears grow.
After dropping 228 points on Friday, the Dow Jones Industrial Average is looking set for another drop of more than 300 points as coronavirus fears grow.
In a note sent to client on Friday, Bank of America Global Research rates strategist Bruno Braizinha warned, “The coronavirus outbreak contain a significant likelihood of impact to the global economy and the potential to become a black-swan type event.”
Downbeat sentiment on the stock is linked to falling energy prices. But Emerson’s digital business can help the company grow, regardless of the cost of oil.
Ecuador's Constitutional Court late on Friday denied for a second time a request by activists to hold a public vote on whether to ban mining in the Andean country's mineral-rich Azuay province, where several mining projects are in development.
In the latest trading session, Frontline (FRO) closed at $8.13, marking a -0.61% move from the previous day. This move was narrower than the S&P 500's daily loss of 1.05%. At the same time, the Dow lost 0.78%, and the tech-heavy Nasdaq lost 1.79%.
In the latest trading session, American Express (AXP) closed at $134.90, marking a -1.23% move from the previous day. This move lagged the S&P 500's daily loss of 1.05%. Elsewhere, the Dow lost 0.78%, while the tech-heavy Nasdaq lost 1.79%.
Amarin (AMRN) closed the most recent trading day at $17.93, moving +0.34% from the previous trading session. This change outpaced the S&P 500's 1.05% loss on the day. Meanwhile, the Dow lost 0.78%, and the Nasdaq, a tech-heavy index, lost 1.79%.
Earthstone Energy (ESTE) closed the most recent trading day at $4.74, moving -0.21% from the previous trading session. This change was narrower than the S&P 500's 1.05% loss on the day. Meanwhile, the Dow lost 0.78%, and the Nasdaq, a tech-heavy index, lost 1.79%.
Abbott (ABT) closed at $87.45 in the latest trading session, marking a -1.14% move from the prior day. This move lagged the S&P 500's daily loss of 1.05%. At the same time, the Dow lost 0.78%, and the tech-heavy Nasdaq lost 1.79%.
FedEx (FDX) closed at $163.25 in the latest trading session, marking a -1.01% move from the prior day. This move was narrower than the S&P 500's daily loss of 1.05%. At the same time, the Dow lost 0.78%, and the tech-heavy Nasdaq lost 1.79%.
Lowe's (LOW) closed the most recent trading day at $125.31, moving -1% from the previous trading session. This change was narrower than the S&P 500's daily loss of 1.05%. Meanwhile, the Dow lost 0.78%, and the Nasdaq, a tech-heavy index, lost 1.79%.
Stitch Fix (SFIX) closed the most recent trading day at $29.37, moving +1% from the previous trading session. The stock outpaced the S&P 500's daily loss of 1.05%. Meanwhile, the Dow lost 0.78%, and the Nasdaq, a tech-heavy index, lost 1.79%.
Walgreens Boots Alliance (WBA) closed the most recent trading day at $51.45, moving -0.81% from the previous trading session. This change was narrower than the S&P 500's 1.05% loss on the day. Elsewhere, the Dow lost 0.78%, while the tech-heavy Nasdaq lost 1.79%.
The main U.S. stock indexes fell again in response to a double punch from renewed fear about the coronavirus and discouraging data on the service sector of the economy.
In the latest trading session, Plug Power (PLUG) closed at $5.57, marking a +1.09% move from the previous day. The stock outpaced the S&P 500's daily loss of 1.05%. At the same time, the Dow lost 0.78%, and the tech-heavy Nasdaq lost 1.79%.
In the latest trading session, Blackstone Group (BX) closed at $61.26, marking a -1.91% move from the previous day. This move lagged the S&P 500's daily loss of 1.05%. At the same time, the Dow lost 0.78%, and the tech-heavy Nasdaq lost 1.79%.
In trading on Friday, shares of Altair Engineering Inc (Symbol: ALTR) crossed below their 200 day moving average of $36.26, changing hands as low as $36.00 per share. Altair Engineering Inc shares are currently trading off about 3.9% on the day. The chart below shows the one