Washington [US], November 4 (ANI): The Federal Reserve on Wednesday (local time) announced to cut bond purchases that supported the economy throughout the COVID-19 pandemic by November. The central bank announced that it will reduce the pace of monthly bond-buying by USD 10 billion for Treasury Securities and USD 5 billion for agency mortgage-back securities, […]
NEW YORK, Nov. 2 (Xinhua) — U.S. stocks advanced on Tuesday with the Dow closing above the 36,000 threshold for the first time, as investors are awaiting a key decision from the Federal Reserve. The Dow Jones Industrial Average increased 138.79 points, or 0.39 percent, to 36,052.63. The S&P 500 was up 16.98 points, or […]
NEW YORK, Nov. 1 (Xinhua) — U.S. stocks finished higher on Monday, bolstered by overall strength in the energy sector. The Dow Jones Industrial Average increased 94.28 points, or 0.26 percent, to 35,913.84. The S&P 500 was up 8.29 points, or 0.18 percent, to 4,613.67. The Nasdaq Composite Index rose 97.53 points, or 0.63 percent, […]
Don’t miss these top money and investing features: Sign up here to get MarketWatch’s best mutual funds and ETF stories emailed to you weekly! INVESTING NEWS & TRENDS Here’s the math for Tesla’s stock price if it becomes the Apple of car makers Apple crushed the once-dominant handset makers and has fat margins. Can Tesla do […]
Amritsar (Punjab) [India], October 30 (ANI): Ahead of Diwali, potters in Amristar in Punjab say they are suffering from financial losses as footfall has not been good for the second consecutive year as business have been affected due to COVID-19. Potters, who typically have good business during the festive season say they have been adversely […]
NEW YORK, New York – Solid U.S. spending numbers for last month buoyed U.S. markets on Friday, despite the data stoking inflation fears. Disappointing quarterly earnings reports for Amazon and Apple caused an early dip but markets recovered when Microsoft hit a record high, taking the company’s capitalization above $2.5 trillion. “The market hasn’t overly […]
NEW YORK, New York – Strong rises in Apple and Amazon saw the Nasdaq forge to a new record high on Thursday, as the broader market also took flight on strong quarterly earnings reports. Both the Nasdaq and the Standard and Poor’s 500 closed at new all-time highs, “Clearly we are seeing a large batch […]
NEW YORK, New York – U.S. stocks finished flat to lower on Wednesday, despite strong gains earlier in the day in the tech sector. “This earnings season has been about pricing momentum and whether consumers are able to handle surging costs,” Ed Moya, senior market analyst at Oanda told CNBC Wednesday. “So far it seems […]
Today, investors have yet another initial public offering (IPO) on their radars. This time, the upcoming Udemy IPO is top of mind for many investors. Source: sdx15 / Shutterstock.com Udemy is an online education marketplace company that has taken off during the pandemic. This company’s self-directed learning platform has become a treasure trove of information […]
NEW YORK, New York – U.S. stock markets continue reaching for the stars. Despite a 1-in-1-100-years event, the Covid-19 pandemic, stocks are at an all-time high. Borth the Dow Jones and Standard and Poor’s 500 hit new closing highs Monday. Tesla jumped several percentage points after announcing it has secured a 100,000 car sale to […]