A court in Massachusetts has ruled that Gov. Charlie Baker acted within his authority when he made the decision to order the state's recreational marijuana retailers to close their doors during the COVID-19 shutdown of non-essential businesses.
Colombian startup Rappi is piloting deliveries by robots as a safe way of getting food to people forced to stay at home due to the coronavirus pandemic.
There were no IPOs this past week, but initial filings from a biotech and a Chinese issuer are keeping the IPO market moving.
After another strong week, the IPO Index is now up about 35% from its March lows. As we pointed out in our 1Q20 IPO Review, the first IPOs to emerge from
(RTTNews) - The Canadian stock market ended on an upbeat note on Friday as traders went on a buying spree amid optimism about treatment for the Covid-19.
Virgin Atlantic has been told to resubmit its proposal for a 500 million pound ($625.35 million) coronavirus bailout package after the UK government was left unimpressed with its initial bid, Financial Times reported https://on.ft.com/2xD3Ee5 on Friday.
Ratings agency Moody's on Friday downgraded Mexico's credit rating due to a deterioration in the economic growth outlook and also cut the debt of state oil firm Pemex to junk status in a serious blow to the government.
The stock market jumped to close the week, rising on hopes that the U.S. economy might be able to restart in the near future. Calls from the White House to urge state and local governments to ease restrictions on travel and work seemed to energize Wall Street, sending the Dow Jo
The stock market jumped to close the week, rising on hopes that the U.S. economy might be able to restart in the near future. Calls from the White House to urge state and local governments to ease restrictions on travel and work seemed to energize Wall Street, sending the Dow Jo
AT&T T is scheduled to release its Q1 fiscal 2020 earnings results on Wednesday, April 22. Wall Street will be watching the telecom giant closely after it canceled its previously planned accelerated-share-repurchase plan amid the coronavirus economic downturn.
In trading on Friday, shares of GoDaddy Inc (Symbol: GDDY) crossed above their 200 day moving average of $66.28, changing hands as high as $66.94 per share. GoDaddy Inc shares are currently trading up about 3.6% on the day. The chart below shows the one year performance of G
In trading on Friday, shares of Nomad Foods Ltd (Symbol: NOMD) crossed above their 200 day moving average of $20.31, changing hands as high as $20.38 per share. Nomad Foods Ltd shares are currently trading up about 3.8% on the day. The chart below shows the one year performa
In trading on Friday, shares of Atmos Energy Corp. (Symbol: ATO) crossed above their 200 day moving average of $109.23, changing hands as high as $109.88 per share. Atmos Energy Corp. shares are currently trading up about 4.5% on the day. The chart below shows the one year p
U.S. stocks rose on Friday and posted gains for the week, helped by a surge in Boeing shares, President Donald Trump's plan to reopen the economy and hopes of a potential drug by Gilead to treat COVID-19.
The U.S. economy has imploded in the past month amid aggressive measures to slow the spread of the novel coronavirus, with 22 million people filing for unemployment benefits and most factories, stores and other businesses at a virtual standstill.
Health care stocks continue to rise this afternoon, with the NYSE Health Care Index ahead 1.2% while the SPDR Health Care Select Sector ETF was up 1.8%.
Technology stocks added to their mid-day gains, with the SPDR Technology Select Sector ETF advancing 1.0% while the Philadelphia Semiconductor Index also was up 1.0%.
Speculators increased their net short dollar position in the latest week, according to calculations by Reuters and U.S. Commodity Futures Trading Commission data released on Friday.
What happened
Shares of Textron (NYSE: TXT) were up 12.2% today. No great mystery there. For one thing, most stocks were up Friday as investors cheered news that Gilead Sciences may have found a cure for the coronavirus. The S&P 500 as a whole was up close to 3% on that new
Consumer stocks were broadly higher in late trade, with the SPDR Consumer Staples Select Sector ETF climbing 1.3% this afternoon while the SPDR Consumer Discretionary Select Sector ETF was adding 2.6% in value.
Financial stocks advanced after US President Donald Trump late Thursday unveiled a three-phase plan to reopen American businesses following the COVID-19 pandemic. At last look, the NYSE Financial Index was rising 4.0% while the SPDR Financial Select Sector ETF was climbing 5.0%