„It sows chaos, and chaos is bad for the stock market,“ Jim Cramer said on „Squawk on the Street.“
Schlagwort-Archiv: Financial
Stocks extend losses amid record GDP plunge, with the Dow dropping 500 points
Stocks fell sharply as big technology shares declined ahead of their earnings reports after the bell. Investors also digested a record drop in GDP.
Dollar will weaken further while bond yields strengthen, Wells Fargo predicts
Wells Fargo Securities‘ Michael Schumacher explains how the latest Fed decision on interest rates will likely influence two key areas.
Shares of Singapore’s top banks fall after regulator limits dividend payouts for 2020
The Monetary Authority of Singapore on Wednesday urged local banks to cap their total dividends per share this year to 60% of last year’s amount.
Stocks making the biggest moves in the premarket: Procter & Gamble, Comcast, UPS, Cigna & more
The stocks making the biggest moves in premarket trading include Procter & Gamble, Comcast, UPS, Cigna, and more.
Dunkin Brands second-quarter revenue falls 20% as customers make fewer visits due to pandemic
Dunkin‘ Brands second-quarter revenue fell 20% as fewer customers stopped by its stores due to the coronavirus pandemic on their way to work.
Comcast reports strong internet customer growth, 10 million sign-ups for Peacock
Comcast’s NBCUniversal division took some hits in the second quarter as advertisers pulled back spending and theme parks had to shut down entirely.
UPS shares soar 11% after reporting a surge in quarterly revenue on pandemic-led demand
United Parcel Service on Thursday reported a 13.4% rise in quarterly revenue, as the Covid-19 pandemic led to a surge in residential volumes and healthcare shipments.
Yum Brands same-store sales fall 15%, but company says trends stabilizing in June and July
Yum said net income for the quarter was $206 billion, or 67 cents per share, down from $289 billion, or 92 cents per share, a year earlier.
Procter & Gamble sales rise 4% as consumers buy more cleaning products
Procter & Gamble reported organic sales growth of 6% for its fiscal fourth quarter as the pandemic helped spur purchases of cleaning products.