Stocks fell slightly on Tuesday as traders pored over the latest batch of corporate earnings results and the GOP coronavirus relief plan.
Schlagwort-Archiv: Financial
Foolish for investors to ignore both market positives and negatives, all-star investor Rich Bernstein says
Institutional Investor Hall of Famer Richard Bernstein plots a strategy to weather market uncertainty and risks.
Hong Kong’s new tech index up 3.5% on the second day of trade
The tech index was launched on Monday and tracks the 30 largest technology companies listed in Hong Kong that pass the screening criteria.
JetBlue Airways swings to quarterly loss and expects revenue to drop 80% in third quarter
JetBlue Airways swung to a second-quarter loss after revenue plunged more than 90% because of the coronavirus.
Pfizer shares rise after better-than-expected earnings and higher 2020 outlook
Pfizer reported better-than-expected second-quarter earnings and raised its outlook for 2020, despite a 32% drop in profit as demand fell for some of its drugs during the coronavirus pandemic.
McDonald’s revenue falls 30% despite progress at U.S. restaurants
McDonald’s global same-store sales improved sequentially during the quarter.
3M profit misses as coronavirus crisis hammers sales
Industrial conglomerate 3M reported a 12% drop in quarterly revenue on Tuesday as demand for its products took a hit due to the global economic slowdown caused by the coronavirus crisis.
Five things investors are watching as GM and Ford report coronavirus-ravaged earnings
The coronavirus pandemic brought the U.S. automotive industry to a standstill. Investors will see just how bad the damage is when all three Detroit carmakers report earnings this week.
5 things to know before the stock market opens Monday
Dow futures were higher Monday as White House officials signal what Republicans are willing to accept in a new coronavirus relief bill.
Summer’s most profitable groups in crosshairs of new economic headwinds, money manager Jeff Mills warns
Due to the country’s coronavirus surge, Bryn Mawr’s Jeff Mills predicts economic setbacks will start to meaningfully impact some of the summer’s most profitable market groups.