U.S. apparel chain Gap Inc is speeding up its rollout of warehouse robots for assembling online orders so it can limit human contact during the coronavirus pandemic, the company told Reuters.
For stockholders, FedEx (NYSE: FDX) has been dead money for years. Since peaking around $270 per share in 2018, the global courier's stock has been more than cut in half. Investor concerns center around their ability to evolve in a world shifting toward digitally enabled consum
The Dow grabbed a roughly 370 point win on Wednesday, with the rallying tech sector providing a springboard off yesterday's last-minute lows. The S&P 500 and Nasdaq enjoyed sizable gains of their own -- the former clocking its highest close since early March -- as FAANG n
Crude prices rose and a gauge of global equities broke out of a three-week trading range on Wednesday as investors bet on a rapid recovery from the coronavirus-induced recession.
The three major averages on Wall St notched their fourth gain in five sessions on Wednesday as investors again bet on a swift economic recovery from coronavirus-driven lockdowns and the potential for more stimulus measures from the Federal Reserve.
The three major averages on Wall St notched their fourth gain in five sessions on Wednesday as investors again bet on a swift economic recovery from coronavirus-driven lockdowns and the potential for more stimulus measures from the Federal Reserve.
Consumer stocks were moderately higher compared with most other sectors, with the SPDR Consumer Staples Select Sector ETF Wednesday climbing 1.1% this afternoon while the SPDR Consumer Discretionary Select Sector ETF was adding 1.4% in late trade.
Crude prices rose and a gauge of global equities broke out of a three-week trading range on Wednesday as investors bet on a rapid recovery from the coronavirus-induced recession.
The three major averages on Wall St were poised for their fourth gain in five session on Wednesday as investors again bet on a swift economic recovery from coronavirus-driven lockdowns and the potential for more stimulus measures from the Federal Reserve.
The S&P 500 hit more than a two-month high on Wednesday as signs of additional economic stimulus raised hopes of a swift recovery from a coronavirus-driven slump.
Some English Premier League games could be shown on a free-to-air basis when soccer returns after pausing due to coronavirus, culture minister Oliver Dowden said on Wednesday.
EU regulators are seeking feedback from users and digital service providers before drafting rules that could rein in Google, Facebook, Amazon, Uber and other tech companies, an EU document seen by Reuters showed.
Crude prices rose and a gauge of global equities broke out of a three-week trading range on Wednesday as investors bet on a rapid recovery from the coronavirus-induced recession.