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%
U.S. Treasury yields rose on Friday in choppy trading after the New York Federal Reserve announced a further decline in purchases of Treasuries next week as the market stabilizes after heavy central bank interventions last month.
Energy stocks were ending sharply higher this afternoon, overcoming another steep decline in domestic oil prices. At last look, the NYSE Energy Sector Index climbing 6.2% while the SPDR Energy Select Sector ETF was up 9.1%.
Boeing Co said on Friday it would resume operations at production facilities in Philadelphia next week after a two week suspension due to the spread of the coronavirus.
What happened
A decade ago, Chinese internet company Sohu.com (NASDAQ: SOHU) spun off its Changyou.com video gaming arm in an IPO of the latter. Last year, with Sohu struggling to report a profit, the company reversed course and proposed to reabsorb its subsidiary (although it w
Elon Musk's SpaceX will transport American astronauts to the International Space Station on May 27, the first NASA astronaut launch from American soil since 2011, the U.S. space agency announced Friday.
What happened
Shares of some upscale retail and apparel chains were rising on Friday, as news about a potential treatment for the COVID-19 virus set off a broad-based market rally.
On March 16, the National Institutes of Health (NIH) started a phase 1 clinical trial involving Moderna's (NASDAQ: MRNA) investigational SARS-CoV-2 vaccine, mRNA-1273. The trial is testing the vaccine's safety, its ability to trigger an immune response, and what at what doses r
What happened
Shares of companies whose business is centered on large groups of people coming together -- including a concert organizer, theater owners, and a fitness-center operator -- are powering ahead in the final day of the trading week. As of 2 p.m. EDT Friday, gym operato
What happened
Shares of Netflix (NASDAQ: NFLX) have pulled back today, down by 4% as of 2 p.m. EDT, after some Wall Street analysts suggested that the stock may have gotten ahead of itself. Other analysts had been praising the dominant video streamer all week long, pushing shar
The number of unemployed in Colombia could grow by 1.15 million people owing to the crisis caused by coronavirus pandemic, which has resulted in a more-than month-long quarantine, according to a government document.
Kroger (NYSE: KR) told Business Insider today it plans to extend the $2 per hour "hero" bonus to its employees until May 2, rather than allowing it to expire tomorrow, April 18, as originally planned. The move will give many of the company's employees an extra two weeks of au