Wall Street's major indexes bounced back on Monday after their steepest weekly loss since March as investors geared up for an event-packed week centered around the U.S. presidential election.
Wall Street's major indexes were set to bounce back on Monday after their steepest weekly loss since March as investors geared up for an event-packed week centered around the U.S. presidential election.
The Nasdaq has risen 35% over the past 12 months as many investors have looked at tech stocks as safe havens during the COVID-19 crisis. But that rush also inflated the valuations of many attractive tech companies to unattractive levels.As a result, it's tough to find any bargain
U.S. stock index futures bounced on Monday after Wall Street recorded its steepest weekly loss since March as investors geared up for an event-packed week starting with the U.S. presidential election.
More than 2 billion yuan ($299.07 million) has been spent using China's new digital currency so far in 4 million separate transactions, Yi Gang, the governor of the People's Bank of China (PBOC), said on Monday.
Asian shares bounced off one-month lows on Monday helped by Chinese factory activity expanding at its fastest pace in a decade, while oil prices skidded as many Western countries slid back into coronavirus-driven lockdowns.
Asian shares bounced off one-month lows on Monday on solid data from China showing factory activity expanded at its fastest pace in a decade while oil prices skidded as many Western countries slid back into coronavirus-driven lockdowns.
Oil prices hit five-month lows and shares extended losses on Monday on worries about global demand as many economies slid back into coronavirus-induced lockdowns while upcoming U.S. presidential elections led to heightened caution.
By Justin Spittler The biggest presidential election of our lifetimes is just around the corner. And if you watch cable news, you may feel like the fate of everything hangs in the balance, from our environment to our economy to our health. But as I’ll show you today, the election has almost zero impact on my stock picking [...] Read more at ETFtrends.com.
Some investors are betting the technology and communications stocks that drove a massive rebound in U.S. markets this year will face a tougher slog in coming months, no matter whether Republican President Donald Trump or Democratic challenger Joe Biden wins Tuesday's election.
Friday, Oct. 30, was a scary day for the markets -- very appropriate for the day before Halloween. The tech-focused Nasdaq declined 2.45%, and the leading FAANG contingent fell even harder, with all major names declining more than 5%. That is, except one:
Company
Zoom Video Communications' (NASDAQ: ZM) stock soared about 660% this year as the COVID-19 crisis brought millions of new users to its video conferencing platform. Just as Google became a verb for online searches, Zoom became synonymous with video calls.Meanwhile, shares of Alphab
Many investors appear to be thinking through the consequences of the upcoming election, given the extreme volatility we saw in the markets last week. But let's try to focus on the positives. After all, there are a handful of companies out there that are sure to benefit from this
Facebook, Inc. (NASDAQ:FB) just released its latest quarterly results and things are looking bullish. The company beat both earnings and revenue forecasts, with revenue of US$21b, some 8.5% above estimates, and statutory earnings per share (EPS) coming in at US$2.71, 42% ahead o
There's a presidential election happening on Nov. 3. You might have heard about it. You'll probably hear plenty more about it after all the voting has taken place and the results have been analyzed. The stock market could make big moves depending on how it all pans out, and inves
Election Day 2020 is nearly upon us, and tens of millions of Americans have already cast their votes for the presidential candidate they think will do a better job of leading the country, as well as for U.S. representatives and senators who, as a group, will have a similar impact
This year has tested the resolve of investors like few years before it. We've navigated our way through the fastest bear-market plunge of at least 30% in history (it took about a month), as well as the quickest rebound from a bear-market bottom to fresh all-time highs. You could