headline
10/16/2020
Global stock markets are mixed this morning as concerns rise over the U.S. presidential election and a new economic stimulus package. There has also been a resurgence in COVID-19 cases — and that has everyone worried. Markets have been wary this week as rising coronavirus infections prompted new social distancing […]
10/15/2020
Stocks closed mostly lower for the third straight session with small caps outperforming the major indexes — and more in Thursday’s stock market update. A weak jobs report and an increasingly bleak outlook for a near-term stimulus package pushed stocks lower on the open before a midday turnaround. Additionally, earnings […]
10/15/2020
Global stock markets slipped this morning as investors started losing faith that U.S. leaders will create a new economic stimulus package prior to the Nov. 3 presidential election. Market sentiment faded Wednesday after U.S. Treasury Secretary Steven Mnuchin mentioned he and congressional leaders are “far apart” on reaching a deal […]
10/14/2020
The stock market struggled while closing lower for the second straight session after Treasury Secretary Steven Mnuchin said getting a stimulus deal done before the Nov. 3 election will be difficult — and more in Wednesday’s stock market update. Mnuchin said there has been progress on certain issues, but added […]
10/14/2020
It’s fun to brag to your friends about how you’re making a killing after buying shares of the next big thing. Take Tesla for example. Most traders have heard of it and know the backstory of how it became one of the biggest stocks of the past several years. The […]
10/14/2020
Global stock markets are flat this morning as the count of coronavirus cases rose in multiple major economies, resulting in more business limitations. Independent monitors temporarily halted enrollment Tuesday in testing Eli Lilly and Co.’s (NYSE: LLY) COVID-19 experimental antibody therapy “out of an abundance of caution.” This came after […]
10/13/2020
The stock market settled lower following the start of the third-quarter earnings season — and more in Tuesday’s stock market update. Citigroup Inc. (NYSE: C) and JPMorgan Chase & Co. (NYSE: JPM) reported better-than-expected headline earnings while Delta Air Lines Inc. (DAL) reported worse-than-expected losses and adjusted revenue. Stock Market […]
10/13/2020
According to Musk himself, Elon Musk and SpaceX are planning to IPO their Star-Link Low Earth Orbit (LEO) satellite wi-fi service in the next few years. He also suggested that he would give access to the IPO to small retail investors, stipulating, “You can hold me to it.” While waiting […]
10/13/2020
Global stock markets are mixed this morning. Stocks turned lower in Europe after a mixed trading day in Asia. Shares fell in Paris and London, but edged up in Tokyo and Shanghai after China said its September exports rose 10% in dollar terms. If U.S. President Donald Trump doesn’t push […]