Global stocks rallied on Monday as the Bank of Japan kicked off a week of central bank action by announcing new measures, as investors positioned themselves ahead of economies reopening.
Taiwan's economic growth in the first quarter is expected to have slowed to its weakest in nearly four years, a Reuters poll showed, as the impact of the coronavirus health crisis hits its key electronics exports, a Reuters poll showed.
European markets are hoping the ECB, again facing the task of rescuing the euro zone, will soon add junk-rated company debt to its stimulus programmes, but some investors say such a bold move might prove counterproductive.
The Federal Reserve's gradual withdrawal from the U.S. Treasury market as the coronavirus pandemic eases and liquidity improves could dry up appetite for longer-dated government debt and push up long-term interest rates months from now.
Investors are pinning their hopes for the reopening of the U.S. economy on the potential for wider availability of testing for COVID-19 cases and on drug trials for treatments of the deadly disease but said, until there is concrete progress in these areas, further stock market gains may be limited.
Brazilian planemaker Embraer SA has been thrust into an uncertain future with no immediate plan B, while not ruling out seeking a bailout after Boeing Co jettisoned a $4.2 billion commercial aerospace tie-up amid the coronavirus crisis.
The U.S. federal government is looking at "a whole bunch of alternatives" to support oil and other energy companies, Treasury Secretary Steven Mnuchin said on Friday as the industry struggles with plummeting prices and demand as the coronavirus crushes economic activity.
Earnings season ramps up this coming week with results expected from technology heavyweights Microsoft (MSFT), Apple (AAPL), Amazon (AMZN) and Google parent Alphabet (GOOG, GOOGL).
Citizens Financial Services (CZFS) came out with quarterly earnings of $1.29 per share, beating the Zacks Consensus Estimate of $1.06 per share. This compares to earnings of $1.25 per share a year ago. These figures are adjusted for non-recurring items.
The global economy has been put into a medically induced coma. The pandemic has forced economies around the world to pause, sending them into an unexpected downturn.
The U.S. federal government is looking at "a whole bunch of alternatives" to support oil and other energy companies, Treasury Secretary Steven Mnuchin said on Friday as the industry struggles with plummeting prices and demand as the coronavirus crushes economic activity.
FS Bancorp (FSBW) came out with quarterly earnings of $1.14 per share, missing the Zacks Consensus Estimate of $1.21 per share. This compares to earnings of $1.18 per share a year ago. These figures are adjusted for non-recurring items.
American Airlines (AAL) closed the most recent trading day at $10.31, moving +0.59% from the previous trading session. This move lagged the S&P 500's daily gain of 1.39%. Meanwhile, the Dow gained 1.11%, and the Nasdaq, a tech-heavy index, added 1.65%.
Core-Mark (CORE) closed the most recent trading day at $27.88, moving -0.29% from the previous trading session. This move lagged the S&P 500's daily gain of 1.39%. Meanwhile, the Dow gained 1.11%, and the Nasdaq, a tech-heavy index, added 1.65%.
Starbucks (SBUX) closed the most recent trading day at $75.58, moving +0.57% from the previous trading session. This change lagged the S&P 500's 1.39% gain on the day. At the same time, the Dow added 1.11%, and the tech-heavy Nasdaq gained 1.65%.
In the latest trading session, Occidental Petroleum (OXY) closed at $13.82, marking a -0.4% move from the previous day. This change lagged the S&P 500's daily gain of 1.39%. Meanwhile, the Dow gained 1.11%, and the Nasdaq, a tech-heavy index, added 1.65%.
Apache (APA) closed the most recent trading day at $10.68, moving +1.71% from the previous trading session. This change outpaced the S&P 500's 1.39% gain on the day. Elsewhere, the Dow gained 1.11%, while the tech-heavy Nasdaq added 1.65%.
In the latest trading session, Montage Resources (MR) closed at $6.09, marking a +1.67% move from the previous day. The stock outpaced the S&P 500's daily gain of 1.39%. Meanwhile, the Dow gained 1.11%, and the Nasdaq, a tech-heavy index, added 1.65%.
In the latest trading session, Marathon Oil (MRO) closed at $4.92, marking a +1.65% move from the previous day. The stock outpaced the S&P 500's daily gain of 1.39%. Elsewhere, the Dow gained 1.11%, while the tech-heavy Nasdaq added 1.65%.
Magnachip (MX) closed at $11.51 in the latest trading session, marking a -0.26% move from the prior day. This move lagged the S&P 500's daily gain of 1.39%. Meanwhile, the Dow gained 1.11%, and the Nasdaq, a tech-heavy index, added 1.65%.