Apple’s planned stock split will diminish its influence on the Dow Jones Industrial Average after the company’s 100% surge since March lows…
Tag: stock market
Stock futures turn positive after much better-than-expected U.S. unemployment data
Stock futures turned positive after much better-than-expected U.S. unemployment data was released. New filings for U.S. unemployment benefits…
Wall Street ends higher as investors eye stimulus
While investors awaited more U.S. government stimulus to fight economic fallout from prolonged COVID-19 shutdowns, Wall Street ended higher on Tuesday…
Dow Jones rallies 200 points amid stimulus talks; Apple continues rise
The Dow Jones Industrial Average rallied more than 200 points in early Monday trading amid ongoing COVID-19 stimulus talks. Apple shares earlier jumped…
Stock futures sink as COVID-19 shutdowns cause historic U.S. contraction
Wall Street’s main indexes were set to open lower on Thursday after data showed the economy suffered its steepest contraction since the Great Depression…
U.S. stocks rise on upbeat earnings ahead of Federal Reserve statement
U.S. stocks rose as a slew of positive earnings updates and hopes for assurances of continued support from the Federal Reserve overshadowed concerns…
Dow falls 400 points as Apple, Microsoft drop
In volatile trading on Thursday, share prices fell as Apple and Microsoft led the broader market lower. The Dow Jones Industrial Average dropped 410 points…
U.S. stocks indexes rise on hopes fiscal stimulus will revive COVID-19-battered economy
The S&P 500 and the Dow indexes rose on Tuesday as investors poured into economically sensitive sectors on bets that fiscal stimulus would revive…
Stocks surge on positive COVID-19 vaccine news
Stocks are surging Wednesday on positive COVID-19 vaccine news from Moderna which said its coronavirus vaccine produced a “robust” immune response…
Wall Street rally gains steam as investors shake off coronavirus spike
Stocks rose on Wall Street on Monday, building on last week’s strong performance, as investors looked past continued coronavirus cases increases…
Nasdaq hits record high as tech stocks rise, jobless claims come in better than expected
Stocks moved higher Thursday morning, with tech shares continuing their relentless march higher and sending the Nasdaq Composite to a fresh record high…
Wall Street climbs on hopeful signs of U.S. economic rebound
Wall Street’s major indexes edged higher on Wednesday, supported by tech shares as traders’ hopes were bolstered by early signs of a U.S. economic rebound…
Apple re-closes 11 U.S. retail stores total due to COVID-19 spikes
Apple said Friday it was temporarily re-closing 11 stores in four U.S. states due to concern about COVID-19 spikes. Apple said that it was re-closing…
Apple to re-close some U.S. stores due to spike in COVID-19 cases
Apple will re-close some U.S. retail stores in Florida, Arizona, South Carolina, and North Carolina due to a spike in COVID-19 cases…
U.S. stock market is firing on all cylinders; stronger than even the most bullish investors believe
The U.S. stock market is firing on all cylinders, and that’s bullish for its near-term prospects. The five largest U.S. stocks by market capitalization…
Stock market swoons in late trading on US-China tensions
Stocks closed lower on Thursday, erasing solid gains from earlier in the day, on U.S.-China tensions. The sell-off began when President Donald Trump…
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…
President Trump: We won’t close America when second COVID-19 wave hits
President Donald Trump said “we are not closing our country” if the U.S. is hit by a second wave of COVID-19 infections. “People say that’s a very…
Wall Street set to rise sharply as investors hope for recovery
Wall Street was set to open sharply higher on Wednesday as investors hoped for recovery from the COVID-19-fueled slump amid signs of more stimulus…
Stock futures rise sharply on COVID-19 vaccine hope, Fed chief comments
Major U.S. stock indexes rose sharply Monday as news from a Moderna trial stoked optimism about a potential COVID-19 vaccine …
Apple stock is recovering from the COVID-19 pandemic quite nicely
The COVID-19 pandemic has disrupted Apple’s supply chain, initially caused the price of Apple stock to plunge, shut down the company’s stores, forced…
Stock market jumps as lockdowns ease, U.S. states reopen for business
The U.S. stock market’s main indexes rallied on Tuesday as a number of countries and U.S. states eased coronavirus-induced lockdowns and restrictions…
Dow jumps 350 points on hopes of U.S. economy reopening
On Tuesday, stocks rose sharply on investors’s hopes for the start of the reopening of the U.S. economy. Oil prices increased for a fifth straight day…
Stock market snaps two-day slump, lifted by Apple, Microsoft, and Amazon
U.S. stocks ended higher on Monday as increases in large tech and internet companies and oil price gains outweighed concerns sparked by fresh U.S.-China…
Apple shares, Wall Street jump on COVID-19 drug hopes
U.S. stocks jumped to seven-week highs on Wednesday as Gilead Sciences gave an encouraging update on a potential COVID-19 treatment and upbeat earnings…
Apple helps fuel market rally as U.S. states prepare to relax shutdowns
Friday saw a U.S. stock market rally, led higher by Apple and Microsoft as investors finished a turbulent week of trading…
Why is the stock market rising even though 26M people are out of work?
Many investors believe the stock market has gone bonkers, saying it has become totally divorced from the reality on Main Street.…
Why the stock market could boom this year with its biggest rally ever
The stock market, before Wednesday, rallied strongly as the coronavirus curve flattened. Imagine, now, the magnitude of the rally …
Dow tumbles more than 500 points as COVID-19 shutdown slams economy
Stocks fell sharply on Wednesday as the COVID-19 shutdown slams the economy. Dismal economic data and weak bank earnings fueled concerns…
Apple gaps up, helps lift Dow Jones to 500-point gain
The stock market held bullish gains in afternoon trading Tuesday as Apple, Home Depot, and Microsoft outperformed in the Dow Jones Industrial Average…
Apple surge contributes to Dow’s 500-point rally
Shares of Home Depot and Johnson & Johnson are trading higher Tuesday morning, fueling a rally for the Dow Jones Industrial Average…
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…
‘Naked’ investors, not COVID numbers, will determine market performance
Naked investors who went all-in on stocks might sell once they recoup some of their losses, which could lead to a bigger decline in the market…
Stock rally surges in the final hour of trading
As the number of new coronavirus cases in the U.S. appeared to slow down, a stock rally surged on Monday, rebounding from sharp losses in the previous week…
S&P 500 set for worst first quarter since 1938
The S&P 500 on course for its worst first quarter since 1938, even as Wall Street seemed to steady on Tuesday as investors returned to stocks that are…
UBS cuts Apple price target, maintains buy rating
UBS analysts have cut their Apple price target from $335 to $290 as they expect iPhone unit sales to drop 16% this year. UBS maintains a Buy rating on AAPL…
Apple stock rallies as Dow Jones surges 1,200 points
After the U.S. Senate passed the $2 trillion coronavirus stimulus deal and despite record-setting jobless claims, Apple stock rallied and the Dow jumped…
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…
Wedbush slashes Apple price target from $400 to $335
On Wednesday, Wedbush analyst, and Apple bull, Daniel Ives slashed Apple price target to $335 from $400. “From a stock and valuation perspective…
Dow plunges 3,000 points in worst selloff since 1987
As the Dow experienced its worst selloff since 1987, President Donald Trump and members of the White House’s coronavirus task force…
