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
What happened
Shares of several brick-and-mortar retail chains were rising on Friday, after news about a potential treatment for COVID-19 drove a broad-based market rally.
Warren Buffett's Berkshire Hathaway Inc will close some smaller businesses and is positioning itself conservatively as it rides out the coronavirus pandemic, Berkshire Vice Chairman Charlie Munger said in an article published on Friday.
In this episode of Rule Breaker Investing, Motley Fool co-founder David Gardner shares five stocks he has handpicked for you to put on your watchlist for this present environment. He shares his views on investing in bad times. He has made sure to pick stocks that will do well n
The world's largest sovereign wealth funds have made around $67 billion in losses so far this year as the fallout from the coronavirus has buffeted their major holdings.
The worst performing sector as of midday Friday is the Technology & Communications sector, higher by 1.2%. Within that group, Electronic Arts, Inc. (Symbol: EA) and Apple Inc (Symbol: AAPL) are two of the day's laggards, showing a loss of 3.3% and 2.6%, respectively. Amo
Hacking activity against corporations in the United States and other countries more than doubled by some measures last month as digital thieves took advantage of security weakened by pandemic work-from-home policies, researchers said.
In afternoon trading on Friday, Energy stocks are the best performing sector, up 8.0%. Within that group, HollyFrontier Corp (Symbol: HFC) and Valero Energy Corp (Symbol: VLO) are two large stocks leading the way, showing a gain of 13.9% and 12.0%, respectively. Among energy
What happened
Shares of Sierra Wireless (NASDAQ: SWIR) jumped on Friday after the company reached an agreement with Lion Point Capital regarding independent board members. Lion Point owns a 9.4% stake in the internet-of-things (IoT) solutions provider. Sierra Wireless stock was
In trading on Friday, shares of Verizon Communications Inc (Symbol: VZ) crossed above their 200 day moving average of $58.29, changing hands as high as $58.68 per share. Verizon Communications Inc shares are currently trading up about 0.9% on the day. The chart below shows t