In early trading on Monday, shares of Pfizer topped the list of the day's best performing Dow Jones Industrial Average components, trading up 2.0%. Year to date, Pfizer has lost about 5.6% of its value.
The S&P 500 and Dow indexes were set to open lower on Monday as concerns about a jump in COVID-19 cases curbed risk appetite, with investors also hoping for more stimulus to shore up a battered global economy.
U.S. stock index futures edged lower on Monday as concerns about a jump in COVID-19 cases kept risk appetite in check, with investors also looking for signs of more stimulus to shore up a battered global economy.
The novel coronavirus has infected more than 14 million people across the world, and nearly 600,000 people have died from COVID-19 as of July 18, according to a Reuters tracker. But the worst may be ahead of us according to the latest warnings from leadership at the World Healt
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The second quarter earnings season kicks into high gear this coming week with results expected from technology heavyweights Microsoft (MSFT), Tesla (TSLA) and Amazon (AMZN), among others.
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The stock market has largely shaken off the historically steep declines that made headlines earlier this year. The Dow Jones Industrial Average is only down 6%, the S&P 500 is sitting near breakeven, and the NASDAQ is up about 17% year to date.
The S&P 500 Index (SNPINDEX: ^GSPC) closed the week up 0.37% on July 17, closing a mixed week up about 1.5%. Today's gains were driven by the healthcare sector; more than a dozen of the index's best-performers today included companies like Intuitive Surgical (NASDAQ: ISRG)
The S&P 500 ended higher on Friday as investors weighed the prospect of more fiscal stimulus against fears of further business disruptions due to a record rise in COVID-19 cases.
The S&P 500 ended higher on Friday as investors weighed the prospect of more fiscal stimulus against fears of further business disruptions due to a record rise in COVID-19 cases.
The S&P 500 ended higher on Friday as investors weighed the prospect of more fiscal stimulus against fears of further business disruptions due to a record rise in COVID-19 cases.
The S&P 500 ended higher on Friday as investors weighed the prospect of more fiscal stimulus against fears of further business disruptions due to a record rise in COVID-19 cases.
The S&P 500 rose in choppy trading on Friday as investors weighed the prospect of more fiscal stimulus against fears of further business disruptions due to a record rise in COVID-19 cases.
What happened
Shares of Nutanix (NASDAQ: NTNX) were climbing today after the tech publication The Information named the hyperconvergence infrastructure specialist as a potential acquisition target and cited Alphabet as a possible buyer, among others.
Alphabet Inc's Google said on Friday it would prohibit websites and apps that use its advertising technology from running ads on "dangerous content" that goes against scientific consensus during the coronavirus pandemic.
The S&P 500 edged higher in choppy trading on Friday as investors juggled between prospects of more fiscal stimulus and fears of further business disruptions due to another record-breaking rise in COVID-19 cases across the country.
The Dow Jones Industrial Average (DJINDICES: ^DJI) was down about 0.1% at 11:15 a.m. EDT, with the index struggling to find a direction. The U.S. reported over 77,000 new cases of COVID-19 on Thursday, according to data from Johns Hopkins University, easily a new record.