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    • chermainezchermainez
      ·2021-06-25
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      Nasdaq and S&P 500 end at record highs; Dow rallies

      June 24 (Reuters) - The Nasdaq and the S&P 500 indexes closed at record highs on Thursday, with the
      Nasdaq and S&P 500 end at record highs; Dow rallies
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    • chermainezchermainez
      ·2021-06-16
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      Wall Street ends down as data spooks investors awaiting Fed report

      Wall Street’s main indices closed lower on Tuesday as data showing stronger inflation and weaker U.S. retail sales in May spooked already-jittery investors awaiting the results of the Federal Reserve’s latest policy meeting.Assurance from the Fed that rising prices are transitory and falling U.S. Treasury yields have helped ease some concerns over inflation and supported U.S. stocks in recent weeks. All eyes are now on the central bank’s statement at the end of its two-day policy meeting on Wedn
      Wall Street ends down as data spooks investors awaiting Fed report
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    • chermainezchermainez
      ·2021-05-15
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      Why AMC Entertainment Stock Jumped Again Friday

      AMC investors have reason for more optimism on the heels of another capital raise.Yesterday's jump came after the company announcedit raised $428 million. First, the Centers for Disease Control and Prevention issued a new statement on current health and safety protocols saying that fully vaccinated people can resume activities without wearing a mask or physically distancing, including indoors.This should allow theaters to open back up at full capacity and be a desirable destination for vaccinat
      Why AMC Entertainment Stock Jumped Again Friday
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    • chermainezchermainez
      ·2021-05-14
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      Toplines Before US Market Open on Friday

      Futures contracts tied to major stock indexesjumped in early trading Fridayas Wall Street is set to rebound for a second day after starting the week with big losses. Dow Jones Industrial Average futures climbed 150 points. S&P 500 futures gained 0.6%. Futures on the tech-heavy Nasdaq 100 Index, the relative underperformer this week, popped 1%.All three benchmarks are still on pace to post sharp losses for the week, with the Dow down 2.2% and the S&P shedding 2.8%. Tech stocks have been hit espe
      Toplines Before US Market Open on Friday
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    • chermainezchermainez
      ·2021-05-13
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      Wall Street ends with broad sell-off on spiking inflation fears

      * Indexes down: Dow 1.99%, S&P 2.14%, Nasdaq 2.67%. NEW YORK, May 12 - Wall Street closed lower on Wednesday with the S&P suffering its biggest $one$-day percentage drop since February, as inflation data fueled concerns over whether interest rate hikes from the Fed could happen sooner than anticipated.All three major U.S. stock indexes ended the session deep in the red following the Labor Department's April consumer prices report, which showed the biggest rise in nearly 12 years.The report was
      Wall Street ends with broad sell-off on spiking inflation fears
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    • chermainezchermainez
      ·2021-05-12
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      New Outbreaks Prompt Return to Restrictions in Taiwan, Semiconductor Stocks Fell Today

      (May 12) Semiconductor stocks fell, as Taiwan warns COVID alert level could rise.Taiwan reported its
      New Outbreaks Prompt Return to Restrictions in Taiwan, Semiconductor Stocks Fell Today
      291Comment
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    • chermainezchermainez
      ·2021-05-11
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      Sorry, this post has been deleted
      5922
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    • chermainezchermainez
      ·2021-05-10
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      Coinbase, Disney, EA, DoorDash, Simon Property, and Other Stocks for Investors to Watch This Week

      Marriott International, an American multinational diversified hospitality company, is expected to report its first-quarter earnings of $0.03 per share, which represents a year-over-year decline of over 88% from $0.26 per share seen in the same quarter a year ago.The U.S. hotel operator’s revenue would slump about 50% to $2.36 billion. However, in the last quarter, the company has delivered an earnings surprise of over 20%.“Largest hotel brand company globally creates economies of scale, but the
      Coinbase, Disney, EA, DoorDash, Simon Property, and Other Stocks for Investors to Watch This Week
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    • chermainezchermainez
      ·2021-05-09
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      US IPO Week Ahead: Mortgage insurance and cross-border e-commerce lead a 7 IPO week

      Seven IPOs are slated to raise $1.6 billion in the week ahead, led by private mortgage insurance companyEnact Holdings.The largest deal of the week,Enact Holdings plans to raise $497 million at a $3.6 billion market cap. Being spun out of Genworth Financial, Enact is a leading private mortgage insurance company in the US, with a 17% share of the market in 2020. The company saw a 60% increase in new insurance written during the year, though COVID-19 has caused higher delinquencies and losses.Cros
      US IPO Week Ahead: Mortgage insurance and cross-border e-commerce lead a 7 IPO week
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    • chermainezchermainez
      ·2021-05-08
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      S&P 500, Dow hit record highs as weak jobs data eases rate worries

      The Dow and S&P 500 hit record closing highs on Friday while registering gains for the week, and the
      S&P 500, Dow hit record highs as weak jobs data eases rate worries
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