U.S. stock benchmarks turned higher Monday, following losses for all three major indexes last week as investors weighed brightening economic prospects against worries that interest rates will climb sooner than anticipated. Investors will be attentive to comments from a parade of speakers from the Federal Reserve, including those from Chairman …
Read More »Earnings Results: Micron stock rises after earnings, outlook easily exceed expectations
Micron Technology Inc. shares rose in the extended session Thursday after the memory-chip maker’s earnings confirmed that the industry is turning a corner. Micron’s MU, +2.59% results and forecast topped Wall Street estimates, and shares rose 1.5% after hours, following a 2.6% rise to close at $ 79.11 in the …
Read More »Market Snapshot: Dow rises, but tech stocks slip as ‘reflation trade’ grips Wall Street after Democrats flip Senate seat
U.S. stocks mostly shook off early losses to trade higher Wednesday, though technology sector stocks remained lower, after Democrats scored at least one U.S. Senate seat in run-off elections in Georgia Tuesday, bringing the possibility of regulation and higher corporate taxes. How are stock benchmarks performing? The Dow Jones Industrial …
Read More »The Ratings Game: GE stock rises to 9-month high as BofA analyst gets a little more bullish
AFP via Getty Images Shares of General Electric Co. rose Friday toward a nine-month high, after BofA Securities analyst lifted his stock price target by 18%, amid a more upbeat outlook on the industrial conglomerate’s health care business as COVID-19 cases rise globally. The stock GE, +2.64% reversed an earlier …
Read More »: British American Tobacco reports first-half profit rises despite volume decline
(FILES) This file photo taken on September 25, 2014 shows a packet of Camel cigaretes taken in Paris. joel saget/Agence France-Presse/Getty Images British American Tobacco said its first-half profit edged higher, as sales of higher-priced items and cost cuts offset a fall in volume. British American Tobacco BATS, +1.11% BTI, …
Read More »Market Snapshot: Dow rises and Nasdaq carves out fresh intraday record as Apple, financials power Tuesday gains
[unable to retrieve full-text content] U.S. stock indexes headed higher late-morning Tuesday, with the Nasdaq Composite up for an eighth straight session, helped by improving economic data, after an overnight scare over trade relations with China. MarketWatch.com – Top Stories
Read More »Asia Markets: Nikkei rises, but Hong Kong shares slip as tensions with China heat up
Asian shares traded mostly higher on Monday, with Tokyo stocks gaining on expectations that a pandemic state of emergency will be lifted for all of Japan. But shares fell in Hong Kong on Monday after police used tear gas to quell weekend protests over a proposed national security bill for …
Read More »Market Snapshot: Dow rises 300 points as optimism grows on easing lockdowns
U.S. stocks rose Tuesday as the market took heart from the easing of restrictions on businesses in the U.S. and Europe, amid hopes for an early vaccine to prevent the further spread of the COVID-19 pandemic. Investors also were watching a rise in crude oil prices and continued to monitor …
Read More »Dow Jones Newswires: Ams revenue and profit rises amid growth for 3D sensing unit
Ams AG said Tuesday that its revenue and adjusted profit rose year-on-year amid strong growth in its business for 3D sensing and advanced light sensing. The Swiss technology company AMS, +4.00% reported adjusted profit of $ 158.9 million in the fourth quarter compared with $ 1.6 million year-on-year, with …
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