Wall Street

Dow drops more than 800 points

Wall Street's main indexes hit their lowest in nearly seven weeks Monday as concerns about fresh coronavirus-driven lockdowns and the inability of Congress to agree on more fiscal stimulus raised fears..

Wall Street Confident Stocks Are On Course

Business Insider reports that US stocks are on course to close lower for a third consecutive week. The S&P 500 has lost nearly 9% since early September's record high. That decline was mainly driven by..

Wall St. rocked by historically high jobless claims

The Dow ended lower for the first time in five sessions amid a broad-based sell across Wall Street after data showed high levels of weekly jobless claims. Conway G. Gittens has more.

Why The S&P 500 Could Drop 20%

S&P 500 could fall by as much as 20% in the coming weeks, Tim Hayes, senior strategist at Ned Davis Research, told Business Insider. "I would expect a decline of 15-20% and then we get a rally that..

Wall Street ends lower as tech stocks slide

U.S. stocks closed lower after a choppy trading session Thursday as heavyweight tech-related stocks resumed their decline following a sharp rebound the previous session, while elevated jobless claims..

Wall Street rebounds to snap three-day skid

Wall Street's main indexes ended higher Wednesday to snap a three-session losing streak as investors jumped back in to take advantage of the pullback in technology-related stocks, a day after the..

Closing bell: Weak global cues drag down equity indices, banking stocks suffer

Equity benchmark indices closed in the negative zone on September 09 following losses in Asian markets after yesterday's rout in Wall Street. Forecasts of double-digit contraction by several global..

Is Another Tech Bubble Coming?

Is another bubble about to burst? Goldman Sachs said Wall Street's most popular fear gauge is flashing a warning sign not seen since the bursting of the dot-com bubble in 2000. Typically, when the..

Tech sell-off slams the markets

Wall Street's main indexes closed sharply lower Thursday, marking their deepest one-day dives in months as investors dumped the high-flying technology sector, while economic data highlighted concerns..

Zoom Quarterly Earnings Far Surpass Wall Street's Expectations

Zoom Video Communications blew Wall Street's expectations out of the water on Monday. The remote work video platform reported fiscal second-quarter earnings showing that revenue was more than four..

Equity indices flat after historic contraction in Q1 GDP

Equity benchmark indices were flat during early hours on September 01 as official figures released a day earlier showed 23.9 per cent fall in the economy during the first quarter of the current..

Tesla Could Surge Another 19%

Investment firm Jefferies raised its Tesla price target to a Wall Street high $2,500 per share from $1,200 on Wednesday. That implies a roughly 19% climb from its current levels. The case for..

US Stock Nears Record Highs

US equities hovered near all-time highs on Wednesday. Investors are studying healthy earnings results, positive economic data, and falling daily COVID-19 infections. Salesforce, Urban Outfitters, and..

Apple holds down Dow amid Wall Street record run

The S&P 500 and the Nasdaq notched another day of record closing highs but a drop in Apple ahead of a 4-for-1 stock split held back the Dow. Conway G. Gittens has the final tally.

Stocks lose altitude as Fed worries creep in

Wall Street finished lower on Wednesday after the Federal Reserve raised concerns that the U.S. economic recovery from the devastating effects of the pandemic faced a highly uncertain path. Conway G...

S&P 500 hits record close, confirms bull market

The Wall Street bear market kicked-off by a global pandemic is in the history books with the benchmark S&P 500 rising to a record close for the first time since February, erasing all COVID-19 losses...

S&P 500 hits record close, ends bear market

The Wall Street bear market kicked-off by a global pandemic officially ended on Tuesday with the benchmark S&P 500 rising to a record close for the first time since February, erasing all COVID-19..

American Shopping Has Returned To Pre-Pandemic Levels

Millions of Americans remain unemployed during the coronavirus pandemic. In addition, many are struggling to pay their bills, according to reports at CNN. But despite the devastation, American..

Economist: Depression Will Lead To Boom

A prominent Wall Street strategist told CNBC the stock market may see a "wartime boom" next year following the US economy's "depression-like collapse." Jim Paulsen is one of a hand full of economists..

BoA: Reasons To Buy Discount Store Stocks

Business Insider reports that banks' and tech giants' earnings largely impressed Wall Street. Bank of America says discount stores are set to post similarly positive results, according to Bank of..

Stocks rise, Disney surges after hours

Wall Street ended higher after a choppy session on Tuesday, but they were capped by declines in AIG and Microsoft. As Fred Katayama reports, Disney shares shot higher after its adjusted profit handily..

AMC Theatres, Universal Pictures Forge Historic Deal Allowing Theatrical Releases to Debut on Premium VOD | THR News

Wall Street analysts on Wednesday weighed in on AMC Theatres' historic agreement with Universal Pictures that will allow the studio's movies to be made available on premium video-on-demand after just..

Shopify Crushes Q2 Expectations

On Wednesday, Shopify reported second-quarter earnings results that beat Wall Street's expectations for revenue. The company surged 97% on the year as the coronavirus pandemic boosted online sales...