Looking at options trading activity among components of the S&P 500 index, there is noteworthy activity today in Cigna Corp (Symbol: CI), where a total volume of 12,618 contracts has been traded thus far today, a contract volume which is representative of approximately 1.
Among the underlying components of the S&P 500 index, we saw noteworthy options trading volume today in Microchip Technology Inc (Symbol: MCHP), where a total of 22,434 contracts have traded so far, representing approximately 2.2 million underlying shares. That amounts to
Analysts expect that people who otherwise would have sought care for minor ailments will choose to stay away from the health-care system for fear of contracting the virus.
Even if the Federal Reserve doesn’t employ a negative interest-rate policy, global demand for U.S. debt could pull short-term Treasury yields below zero in coming years.
What happened
The financial sector is one of the best performing parts of the stock market in Wednesday's rally, and American Express Company (NYSE: AXP) is doing even better than most. As of 2:45 p.m. EST, the credit card and financial service company's stock was higher by 6% f
Alibaba's (NYSE: BABA) payment affiliate, Ant Financial, has acquired a stake in Klarna, a European fintech company, strengthening an existing relationship between the two.
The dollar recovered lost ground against a basket of currencies on Wednesday, a day after an emergency interest rate cut by the Federal Reserve knocked the U.S. currency to an eight-week low.
What happened
Shares of domestically focused airlines were able to sustain altitude during the initial January COVID-19 sell-off, in part because at the time investors mostly considered the outbreak to be a China story.
Owens & Minor (NYSE: OMI) got off to a great start in 2020, with its shares soaring more than 30% as of earlier this week. But that momentum has now come to a screeching halt.
General Electric Co predicted on Wednesday that the coronavirus would wipe out a substantial chunk of industrial free cash flow in the first quarter, but stuck to full-year financial targets the company set in January.
In trading on Wednesday, shares of Simply Good Foods Company (Symbol: SMPL) touched a new 52-week low of $18.27/share. That's a $13.07 share price drop, or -41.70% decline from the 52-week high of $31.34 set back on 09/09/2019. Large percentage drops always require that the
Campbell Soup Company (NYSE: CPB) shares surged 7% on Wednesday following the release of its fiscal second-quarter numbers, reaching new 52-week highs as a result. The food giant topped revenue and earnings estimates for the three month stretch ending in late January, and unders