huge gap between the economic reality and the market reality. Just that reminder combined with a lot of the second wave headlines prompted an opportunity to take profits. A lot of weak hands bought the market at the very end of this rally anyway, so you are just seeing that tumble out no...
which has the Dow up around 20% from its Monday intraday low. "I think the market has taken care of this supply shock bear market … but I still think this market needs to deal with the demand shock of all this," he said on CNBC's"Power Lunch.""...
U.S. stocks close lower Friday, with the selloff gathering steam in the closing bell after a stronger-than-expected wholesale inflation report.
Net income fell 54% compared to the year-earlier period, to $1.61 billion, or diluted earnings per share (EPS) of $1.87. The company reported a $512 million charge related to pensions, impairments and its Coyote truckload brokerage business that shaved off about 60 cents per share from earn...
Dow Expands Market Outreach in Western and Northeast China.The article reports that the chemical manufacturer Dow Greater China has opened two offices in China.EBSCO_AspChina Chemical Reporter
The Nasdaq advanced 145.56 points, or 0.8% to finish at an all-time closing high of 18,712.75. It was the largest one-day point and percentage gain since Oct. 14, according to Dow Jones Market Data. The Dow Jones Industrial Average was off 154.52 points, or 0.4%, to end at ...
"I think you really have to be stock picker in this market, and you have to recognize there are builders that are gaining share, executing and generating strong returns, and have balance sheets that are rock-solid," Zelman told CNBC's "Squawk on the Street" on Fri...
Friday's declinesshoved Apple into bear market territory, or down at least 20% from a record high set on Jan. 29. Apple hit a high of 327.85 per share that day. On Friday, the stock traded around $262 per share, down about 4%. But Apple is not the only Dow ...
Both the Dow and the S&P 500 clinched their worst first quarter on record by the closing bell on Tuesday with each index down at least 20% since the start of 2020. The steep market sell-off over the last three months comes as COVID-19 and efforts to contain its spread threaten to tip...
US stocks closed lower on Wednesday, after weak economic data and earnings weighed on the market all day. Energy stocks led losses, after oil settled below $20 a barrel for the first time since 2002. The Dow finished down 1.9%, or 445 points, and the S&P 500 fell 2.2%.It was the...