Tag: Wall Street

Wall Street’s IPO enemies ready one-two punch

NEW YORK (Reuters) - There have only been two direct listings on the New York Stock Exchange in the last two years. There are about to be two more in...

Tech rout deepens, Nasdaq set for worst two-day fall since March

The data added pressure on the White House and Congress to restart stalled negotiations over the next coronavirus relief package to lift the economy out of the worst recession since the Great Depression..

Tech stocks extend S&P 500’s rally to seventh straight session

Progress in the race to develop treatments and vaccines for COVID-19 have also added to the cheer. Johnson & Johnson’s Janssen unit said it would expand testing for its experimental coronavirus vaccine to Spain, the Netherlands and Germany next week.

Fear fading on Wall Street as investors learn to love the new bull market

(Reuters) - Fear is ebbing on Wall Street, with stocks on a bull run in the midst of the global coronavirus pandemic. The Cboe Volatility Index ,...

Wall Street Week Ahead: Biden victory? Disputed election? Wall Street prices in November outcomes

“There’s plenty of reasons to believe that the election outcome is going to be drawn out,” said Lamar Villere, a portfolio manager at Villere & Co. “That’s going to show the cracks in a market that’s been priced for perfection.”

Snap ! Kodak shares plunge after U.S. blocks $765 million loan deal

(Reuters) - Shares of Eastman Kodak Co (KODK.N) fell about 40% on Monday and were on track for their worst single-day decline after the U.S. government blocked a $765 million...

Wall Street mixed with stimulus in focus; Dow hits over five-month high

All three indexes opened higher after U.S. President Donald Trump signed executive orders that partly restored enhanced unemployment benefits after talks between the White House and top Democrats in Congress about fresh stimulus broke down last week.

Wonderful world of Disney boosts Wall Street

Walt Disney Co’s (DIS.N) shares jumped, to put it among the biggest boosts to the S&P 500 and Dow. The stock notched its biggest daily percentage gain since March 24 as revenue declines for Disney parks and media networks were not as bad as feared.
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