U.S. stocks rose about 1% on Friday with the tech-heavy Nasdaq hovering near a fresh record high on hopes of a recovery in post-pandemic economic…
Tag: nasdaq
Nasdaq hits record high as COVID-19 shutdown-induced U.S. recession becomes official
An economic recession is a business cycle contraction when there is a general decline in economic activity. In the U.S., it is defined as a significant…
Nasdaq hits record high as U.S. economy shows signs of swift rebound
On growing hopes of a swift economic rebound, the Nasdaq on Friday became the first of the three major U.S. stock indexes to bounce back to a record high …
Stock close higher as recovery signs soothe protest, pandemic worries
U.S. stocks posted gains on Monday as signs of U.S. economic recovery helped offset jitters over increasingly violent social unrest amid an ongoing pandemic
Apple set to break out in coronavirus market rally as Dow futures jump on vaccine hopes
Dow futures jumped Tuesday morning, along with S&P 500 and Nasdaq futures, amid continued coronavirus vaccine hopes. The coronavirus stock market rally …
Stock futures jump on Memorial Day as coronavirus stock market rally rolls on
On Monday morning, Dow Jones stock futures rose solidly, along with S&P 500 futures and Nasdaq futures, with U.S. markets closed for Memorial Day…
S&P 500, Dow dive on Powell’s somber economic outlook
As Federal Reserve Chairman Jerome Powell warned of an extended period of weak growth and stagnant incomes, the S&P 500 and Dow dove on Wednesday…
Dow futures point to 400-point jump as COVID-19 outlook improves
Stock futures jumped in early morning trading Tuesday as investors grew more optimistic about the COVID-19 outlook while bracing for the start…
Dow surges after Bernie Sanders drops out; Apple among key gainers
The Dow Jones Industrial Average rallied more than [680] points Wednesday midday after Bernie Sanders dropped out of the presidential race. Meanwhile…
Apple may be the best of all coronavirus ‘losers’
Apple stock may be the best of all of the coronavirus ‘losers,” showing relative out-performance vs. the S&P 500. That’s important…
Stocks plunge, trigger a key market ‘circuit breaker’
Stocks plunged on Monday at the open, triggering a key market-wide “circuit breaker” designed to prevent the market from crashing…
Stocks rally in the final hour of trading on fiscal stimulus prospects
Stocks rose in strongly in late trading as investors weighed the prospects of fiscal stimulus to curb slower economic growth due to the COVID-19 coronavirus…
S&P 500, Nasdaq hit new all-time highs
The S&P 500 and the Nasdaq hit all-time highs on Wednesday on confidence in the U.S. economy and hopes that China would take more measures…
Mobile World Congress cancellation is good news for Apple’s ‘iPhone SE 2’
sterday’s cancellation of the 2020 Mobile World Congress in Barcelona, Spain, could very well be good news for Apple’s “iPhone SE 2” launch…
Apple suppliers scramble to restart production in China while keeping vast factories coronavirus-free
Apple suppliers in China are scrambling to restart production. Foxconn’s main Longhua campus in Shenzhen is the size of 250 football fields…
Foxconn refutes Reuters report on restart timeline for Chinese factories
In a statement to the Taipei stock exchange, Taiwan’s Foxconn on Thursday refuted that recent Reuters reports on its plans to restart factories in China…
Coronavirus infects Apple’s Mac Pro delivery schedule
For at least a week, many custom iMac, iMac Pro, and MacBook Pro configurations have been facing longer-than-usual delivery estimates on Apple’s online store…
Mobile World Congress 2020 canceled due to Coronavirus outbreak
The 2020 Mobile World Congress has been canceled by GSMA due to fears surrounding the 2019-nCoV coronavirus outbreak. The decision to abandon…
Apple shares surge as Chinese factories accelerate post-coronavirus restarts
Following a report that Foxconn’s iPhone assembly plants will speed up their return to normal production, the market saw Apple shares surge …
Coronavirus effects on Apple to date
The 2019-nCoV coronavirus continues to spread through China. Here’s a rundown of the effects on Apple due to the coronavirus so far…
Foxconn plans to resume 50% of output in virus-hit China by end of month
Foxconn plans to resume 50% of output in virus-hit China by end of February, as the major Apple-supplier reopens plants shut over the coronavirus outbreak…
JPMorgan: Coronavirus may be smaller risk to Chinese manufacturing than feared
The 2019-nCoV coronavirus outbreak that killed at least 1,018 may be a smaller risk to Chinese manufacturing than feared, according to JPMorgan …
Nasdaq climbs to record as investors look past coronavirus
The Nasdaq Composite and S&P 500 clinched closing records on Monday as investors took heart in mostly solid U.S. fourth-quarter corporate earnings…
Wall Street sets records on U.S.-China trade progress optimism
Each of Wall Street’s three major averages kicked off the trading week with record closes on Monday as signs pointed to progress between the United States and China…
Stocks jump as China-U.S. trade talks come into focus
U.S. stocks rose Wednesday, as China and the U.S. attempted to ease simmering tensions, a day before high-level trade talks are scheduled to commence…
Dow posts best June since 1938
U.S. stock benchmarks have mostly enjoyed a healthy run-up on the back of the Federal Reserve’s…
U.S. unemployment hits five-decade low as employers step up hiring, wages increase
Steady job growth and solid wage increases have enlarged Americans’ paychecks…
U.S. consumer spending surges to post biggest rise in more than 9-1/2 years
Plus, price pressures remained muted, with a key inflation measure posting its smallest annual gain in 14 months…
U.S. jobless claims at 50-year low
The fewest people in nearly 50 years sought unemployment benefits last week, a sign of a strong job market…
National day of mourning: U.S. stock markets closed today in honor of President George H. W. Bush
Today has been designated a national day of mourning by President Donald Trump…
Apple CEO Cook on the passing of President George H.W. Bush: ‘We have lost a great American’
Both exchanges will also observe a moment of silence on Monday to honor President George H.W. Bush…
Billionaire CEO Benioff foresees several years of strong growth for U.S. economy
A record $7.9 billion was spent on Cyber Monday this year, up 19.3% year over year…
Has Apple’s share price finally bottomed out?
Warren Buffett’s latest 13-F filing showed the billionaire investor added 522,802 shares of Apple…
U.S. again assumes throne as world’s most competitive economy; first time since 2008
The U.S. is back on top as the most competitive country in the world…
How President Trump created a tremendous U.S. economic boom
The current numbers are a uniquely Trumpian achievement and not owed to policies already set in motion when he took office…
Nasdaq set to chalk up its biggest August percentage gain in 18 years
President Trump will be in North Carolina where he is expected to sign today an executive order that will make it easier for…
Apple shares hit new all-time intraday and closing highs
Today in Nasdaq trading, shares of Apple Inc. (AAPL) rose to hit a new all-time…
Apple shares hit new all-time intraday and closing highs
Today in Nasdaq trading, shares of Apple Inc. (AAPL) rose to hit a new all-time…
Apple shares hit new all-time intraday and closing highs
Today in Nasdaq trading, shares of Apple Inc. (AAPL) rose to hit a new all-time…
Apple shares hit new all-time intraday and closing highs
Today in Nasdaq trading, shares of Apple Inc. (AAPL) rose to hit a new all-time…
Apple shares hit new all-time intraday and closing highs
Today in Nasdaq trading, shares of Apple Inc. (AAPL) rose to hit a new all-time…
Apple shares hit new all-time intraday and closing highs
Today in Nasdaq trading, shares of Apple Inc. (AAPL) rose to hit a new all-time…