Cisco Systems Inc. shares declined in the extended session Tuesday after the maker of network services, videoconferencing tools and security software’s quarterly results topped Wall Street estimates, but sales in certain segments came in below expectations. Cisco CSCO, -0.90% shares shed more than 5% after hours, following a 0.9% decline …
Read More »Dispatches from a Pandemic: Icy streets and packed metros: Madrid digs out from historic snowstorm in midst of pandemic
MADRID — So the COVID-19 pandemic is making your life complicated? Hold my extra-frosty cerveza, was the message Storm Filomena delivered to Spain over the weekend. Filomena dumped around 20 inches of snow on the Spanish capital Madrid between Friday evening and Saturday — this in a city where any …
Read More »Deep Dive: Here are Wall Street’s favorite stocks for an election-relief rally
Until Election Day, and maybe for a few weeks afterward if voting results are disputed, expect warnings about stock market volatility. But history has shown the market tends to rally after elections. Charles Lemonides showed that following the past nine presidential elections, the stock market staged long rallies no matter …
Read More »Asia Markets: Asian equity markets track Wall Street’s retreat as investors fret over coronavirus pandemic’s continuing economic toll
Shares slipped Tuesday in Asia after markets tumbled worldwide on worries about the pandemic’s economic pain. Market Extra:Why the Dow dived: Ginsburg replacement battle amplifies election jitters, uncertainty over stimulus Hong Kong’s Hang Seng HSI, -0.86% lost 0.3% to 23,894.72 and the Kospi 180721, -2.37% in South Korea sank 1.7% …
Read More »Asia Markets: Asian markets mixed as China export data offsets impact of Wall Street’s retreat
Asian markets were mixed in early trading Monday, following a sharp selloff on Wall Street last week. Japan’s Nikkei 225 NIK, -0.49% dipped 0.3% while Hong Kong’s Hang Seng index HSI, -0.43% gained 0.1%. The Shanghai Composite SHCOMP, -1.87% declined 0.2% while the smaller-cap Shenzhen Composite 399106, -2.21% retreated 0.2%. …
Read More »Dispatches from a Pandemic: Blinking in the sunlight: Children make halting return to Spain’s streets after weeks of coronavirus lockdown
An unseen Pied Piper worked his way across Spain on Sunday, bringing children out of apartments and houses of all sizes with their bikes, scooters, skates and balls, and most important, their parents. A literal baby step down from one of the strictest coronavirus lockdowns in the world arrived as …
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