MARKETWATCH FRONT PAGE The one certainty about the outlook for companies in a COVID-19 world is that second-quarter earnings will be very bad, the worst in over 10 years. See full story. The Biden-Sanders climate-change policy pact: 8 key features Presidential candidate Joe Biden has advanced environmental policy recommendations that …
Read More »Market Snapshot: Dow set to stumble a second day after historic plunge in oil prices
U.S. stock-index futures early Tuesday pointed to a second day of losses for the major benchmarks after a historic fall for oil, as investors braced for a fresh slate of earnings and weighed the impact of overnight developments. President Donald Trump said he planned to sign an executive order to …
Read More »Economic Report: U.S. manufacturers see biggest plunge in new orders and employment in 11 years, ISM finds
The numbers: American manufacturers began to feel the brunt of the coronavirus pandemic toward the end of March as new orders and employment fell to the lowest level since the end of the 2007-2009 Great Recession, a new survey of executives showed. The Institute for Supply Management said its manufacturing …
Read More »Market Snapshot: Dow futures plunge as coronavirus slams market, Fed official warns unemployment could hit 30%
U.S. stock-index futures fell by the most allowable for the day Sunday evening as the cases of coronavirus globally neared 330,000 and the market appeared unhappy with a lack of government action to address the current and expected fallout from the COVID-19 pandemic. On top of that, a U.S. central …
Read More »Asia Markets: Asian markets resume plunge after Dow enters bear market
Asian shares plunged Thursday after the World Health Organization declared a coronavirus pandemic and indexes sank on Wall Street. Japan’s Nikkei NIK, -4.41% closed down 4.4% and Hong Kong’s Hang Seng Index HSI, -3.52% fell 3.6%. The Shanghai Composite SHCOMP, -1.52% dropped 1.7% while the smaller-cap Shenzhen …
Read More »Market Snapshot: U.S. stock futures fall as crude oil prices plunge 30% on price-war fears
U.S stock futures and crude oil prices plunged in electronic trading late Sunday, as fears of a global oil-price war combined with coronavirus fears to rattle traders. Dow Jones Industrial Average futures YM00, -4.86% were last down more than 1,100 points as S&P 500 futures ES00, -4.89% and Nasdaq Composite …
Read More »Market Snapshot: A pause after the plunge? U.S. stock futures rise, suggesting Tuesday gains
Stocks on Wall Street plunged Monday, but futures trading suggests a rebound — or a least a respite — on Tuesday. Dow Jones Industrial Average futures YM00, +0.73% rose more than 200 points on Tuesday, while S&P 500 futures ES00, +0.84% gained 0.8% and Nasdaq Composite futures NQ00, +1.20% …
Read More »Snap shares plunge 14% on revenue, earnings miss
Snap Inc. shares plunged 14% after the company’s fourth-quarter earnings fell short of Wall Street estimates on Tuesday, momentarily blunting a year-long financial bounce-back. Advertising led the way for Snap SNAP, -11.93% to record revenue of $ 561 million, vs. expectations of $ 563 million from analysts polled by FactSet. …
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