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Watch CBS News Stock MarketMonday’s market tumble stokes fears of recession A lot of people are paying attention to their 401(k)s after a dismal day on the market. Aug 6 01:57 What caused the stock market to drop? A major drop in stock markets worldwide is furthering fears ...
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Both parties are in early talks, and a deal has yet to be finalized. Boston Beer’s market cap is more than $3 billion. Boston Beer, 1-day Molson Coorsshares were also higher following the news, with the stock popping around 2.4%. ...
Wall Street penalized Exxon, sending its stock 2% lower in premarket trading Friday. The good news is that Exxon’s oil and gas productioncontinues to recover from a yearslong slump. Exxon reported a 2% increase in oil-equivalent output. Upstream liquids production jumped 5% –led by a spike...
The recovery in the stock market is running into a bit of resistance. The Dow fell 100 points as trading opened on Thursday, giving back a slice of its recent surge. The S&P 500 declined 0.6%, putting it on pace to end a four-day win streak. The Nasdaq lost 0.7%. Thursday’s...
Chevron was also boosted by the fact that crude prices were relatively stable Monday – news that probably helped Exxon too. As for McDonald’s (MCD), restaurant companies are often viewed as being more resistant to macro stock market trends. Consumers probably aren’t going to cut back on...