47.1 F
New York
March 29, 2020
Home » Stock markets

Stock markets

CNBC Business

Crazy volatility forces Wall Street strategists to suspend S&P 500 targets

CNBC
CNBC – For more and to sign up click here The stock market has gone so haywire amid the coronavirus crisis that some strategists on Wall Street are giving up on forecasting what comes next. Over the past week or so, chief market strategists at BMO, Oppenheimer and Canaccord Genuity have all suspended......
CNBC Business

Exchange-traded note liquidations and what they mean for investors

CNBC
CNBC – For more and to sign up click here Know what you own. That’s the biggest lesson investors can learn as the U.S. stock market’s historically volatile activity leads to liquidations and de-listings of certain exchange-traded notes, or ETNs, Dave Nadig, chief investment officer and director of research at......
CNBC Business

Hospital supplier Owens & Minor expanding capacity to meet PPE demands

CNBC
CNBC – For more and to sign up click here Hospital supplier Owens & Minor added shifts and expanded factory production time to meet global demand for personal protective equipment in the fight against the coronavirus pandemic. As demand continues to grow exponentially, the Virginia-based company is ramping up production......
CNBC Business

Instacart updates pay, safety guidelines as workers plan Monday strike

CNBC
CNBC – For more and to sign up click here InstaCart employees fulfill orders for delivery Patrick T. Fallon | Bloomberg | Getty Images A group of Instacart shoppers is planning a nationwide strike on Monday to protest the grocery delivery app’s response to the coronavirus outbreak. It comes at......
CNBC Business

What could be ‘shocker’ economic reports may test stocks in week ahead

CNBC
CNBC – For more and to sign up click here People make face shields at the Brooklyn Navy Yard where local industrial firms have begun manufacturing Personal Protective Equipment (PPE) on March 26, 2020 in New York City. Eduardo Munoz Alvarez | Getty Images Everything from auto sales to manufacturing......
CNBC Business

Stocks ease after 3-day rally

CNBC
CNBC – For more and to sign up click here A person wearing a face mask walks along Wall Street after further cases of coronavirus were confirmed in New York, March 6, 2020. Andrew Kelly | Reuters Dow Jones Industrial Average falls 915 points The Dow closed 915.39 points lower,......
CNBC Business

Stocks snap 3-day win streak, Dow down 900

CNBC
CNBC – For more and to sign up click here This is a live blog. Check back for updates. 10:47 am: Wall Street analysts upgrade stocks on hopes the market has bottomed Deutsche Bank upgraded Qualcomm to buy from hold. Bank of America downgraded JPMorgan to neutral from buy. Loop Capital......
CNBC Business

US consumer sentiment falls to lowest level in more than 3 years

CNBC
CNBC – For more and to sign up click here Doug Hassebroek shops with a protective mask during the outbreak of coronavirus disease (COVID-19) in Brooklyn, New York, March 25, 2020. Caitlin Ochs | Reuters U.S. consumer sentiment fell to a three-year low as the coronavirus outbreak ramps up, according......
CNBC Business

Stock market just had a bounce for the record books but faces big tests

CNBC
CNBC – For more and to sign up click here Bank of America has sent more than 100 employees to work in a backup office in Connecticut. Tetra Images | Getty In just a few days, major stock indexes have made back more than half their losses, but technical analysts......
CNBC Business

Leon Cooperman optimistic stock market bottomed on coronavirus fears

CNBC
CNBC – For more and to sign up click here Billionaire investor Leon Cooperman told CNBC on Friday that he’s optimistic that the stock market has bottomed on coronavirus fears. “If I’m right on the virus call, if I’m right and that’s the big if … I think the market at the......
CNBC Business

Xi calls for coordinated global response to coronavirus at G20 meeting

CNBC
CNBC – For more and to sign up click here Chinese President Xi Jinping, also general secretary of the Communist Party of China Central Committee and chairman of the Central Military Commission, chairs a symposium at the School of Medicine at Tsinghua University in Beijing, capital of China, March 2,......
CNBC Business

Stock futures decline after Dow caps off massive 3-day rally

CNBC
CNBC – For more and to sign up click here People walk by the New York Stock Exchange (NYSE) on March 09, 2020 in New York City. Spencer Platt | Getty Images U.S. stock futures were lower on Thursday night following a sharp rally sparked by increasing expectations of massive......
CNBC Business

Veeva Systems CRM usage increased tenfold amid race to find COVID-19 cure

CNBC
CNBC – For more and to sign up click here Veeva Systems can be found at many stages in the fight to quell the coronavirus epidemic, according to founder and CEO Peter Gassner. In a world limited by social distancing and travel limitations, the cloud-computing company is assisting life sciences......
CNBC Business

These are the states with the most job losses so far because of the coronavirus

CNBC
CNBC – For more and to sign up click here The record-breaking spike in U.S. jobless claims data released Thursday varied in its impact on American workers depending on the state as governors across the country instituted different combinations of restrictions and closures to help slow the spread of COVID-19.......
CNBC Business

Markets take 3 million claims in stride and now brace for ‘tsunami of negative news’

CNBC
CNBC – For more and to sign up click here The first crushing wave of 3.28 million workers seeking unemployment benefits is expected to be followed by millions more in coming weeks as the impact of virus-related shutdowns ripples across the U.S. economy. Economists had expected anywhere between 1 million......
CNBC Business

Dow up 900, jobless claims top 3 million, stimulus bill to House

CNBC
CNBC – For more and to sign up click here This is a live blog. Please check back for updates. Stocks attempted their third days of gains on Thursday, with investors looking past the release of record-breaking initial jobless claims while the Senate passed a massive economic stimulus bill amid the......
CNBC Business

‘The Federal Reserve is working hard to support you’

CNBC
CNBC – For more and to sign up click here Federal Reserve Chair Jerome Powell holds a news conference following the Federal Open Market Committee meeting in Washington, December 11, 2019. Joshua Roberts | Reuters Federal Reserve Chairman Jerome Powell told Americans on Thursday the central bank is working hard......
CNBC Business

Ken Griffin and David Tepper top Institutional Investor’s Rich List

CNBC
CNBC – For more and to sign up click here Ken Griffin Lucy Nicholson | Reuters Renaissance Technologies’s James Simons, Citadel’s Ken Griffin, Points72’s Steven Cohen and Appaloosa Management’s David Tepper were among the biggest hedge fund earners in 2019 with each man raking in over $1 billion, according to......
CNBC Business

This is a ‘once in a lifetime’ buying opportunity like ’87 and ’08, says Ariel’s John Rogers

CNBC
CNBC – For more and to sign up click here Stocks’ swift and steep sell-off is providing the type of buying opportunity that doesn’t come around all that often, and investors should take advantage of the downturn, according to Ariel Investments’ chairman John Rogers. “I think this is a maybe......
CNBC Business

Futures flat as investors wait on Congress to pass stimulus bill

CNBC
CNBC – For more and to sign up click here U.S. stock futures were flat in early trading Wednesday night as markets tried to build on recent strength in the Dow Jones Industrial Average and S&P 500. The two indexes have just posted their first back-to-back gains since February. Fueling......

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Click whichever is suitable. Accept Read More