U.S. President Donald Trump said Monday the U.S. government should get a "substantial portion" of the sales price of the U.S. operations of TikTok and warned he will ban the service in the United States on September 15 without a sale.
The Dow Jones Industrial Average (DJINDICES: ^DJI) was surging on Monday, up 0.93% at noon EDT. The gain comes despite uncertainty over the trajectory of the coronavirus pandemic and the stimulus bill working its way through Congress.
A compilation of the most active stocks on U.S. exchanges. For faster updates on individual market-movers, Eikon users please use search string "STXBZ US" and Thomson One users please search "RT/STXBZ US".
Technology stocks extended gains, with the SPDR Technology Select Sector ETF Monday climbing 2.4% while the Philadelphia Semiconductor Index was rising 2.0% this afternoon.
Wall Street's main indexes rose on Monday as a rebound in multi-billion dollar deals, including Microsoft's pursuit of TikTok's U.S. operations, lifted sentiment as efforts to hammer out a coronavirus relief bill resumed.
A compilation of the most active stocks on U.S. exchanges. For faster updates on individual market-movers, Eikon users please use search string "STXBZ US" and Thomson One users please search "RT/STXBZ US".
Wall Street's main indexes rose on Monday as a rebound in multi-billion dollar deals, including Microsoft's pursuit of TikTok's U.S. operations, lifted sentiment in the absence of a fiscal coronavirus relief bill.
Britain said the location of TikTok's headquarters was a commercial decision after a newspaper report said the government had given the green light for its Chinese parent company to set up a head office in London for the popular short-video app.
Wall Street's main indexes rose on Monday as Microsoft's pursuit of TikTok's U.S. operations and a clutch of upbeat quarterly earnings reports lifted sentiment in the absence of a fiscal coronavirus relief deal.
U.S. Senate Democratic leader Chuck Schumer on Monday joined other senators in backing an American company to purchase Chinese-owned video app TikTok's U.S. operations, while a senior White House adviser raised concerns about a sale to Microsoft Corp.
In early trading on Monday, shares of Microsoft topped the list of the day's best performing Dow Jones Industrial Average components, trading up 4.0%. Year to date, Microsoft Corporation registers a 35.1% gain.
A compilation of the most active stocks on U.S. exchanges. For faster updates on individual market-movers, Eikon users please use search string "STXBZ US" and Thomson One users please search "RT/STXBZ US".
Technology stocks were trading higher premarket Monday. The Technology Select Sector SPDR ETF (XLK) was up more than 1% and the Semiconductor Sector Index Fund (SOXX) was 0.55% higher recently.
The U.S. stock market may have been roaring higher at the beginning of last month, but July ended on a low note. Forward progress has stopped altogether. Stocks may be nearing a corrective move -- even if only a small one.
The NASDAQ 100 Pre-Market Indicator is up 102.83 to 11,008.71. The total Pre-Market volume is currently 18,538,208 shares traded.The following are the most active stocks for the pre-market session: ADT Inc. (ADT) is +6.23 at $14.84, with 8,489,783 shares traded.ADT is scheduled
Wall Street's main indexes were set to open higher on Monday as Microsoft's pursuit of TikTok's U.S. operations and a clutch of upbeat quarterly earnings reports lifted sentiment in the absence of a fiscal coronavirus relief deal.
Stocks are America's favorite investment. More Americans believe investing in the stock market is a better option than investing in real estate over the next decade, according to a new study by Bankrate.
Futures linked to the S&P 500 and the Dow indexes were muted on Monday with lawmakers at an impasse about a coronavirus relief deal, while investors remained cautious after Fitch revised its U.S. outlook to negative, citing eroding credit strength.
This year has been historic for the stock market. The coronavirus pandemic has wrought drastic changes in consumer behavior that will likely continue long after it's a distant memory. E-commerce has accelerated, streaming video and music are experiencing increased adoption, and
Microsoft Corp's potential acquisition of short-video app TikTok carries myriad risks, thrusting it into the politically fraught social media business and Sino-U.S. conflict amid increased scrutiny of big-tech companies.