Historically, low mortgage rates continue to support the housing market even as the coronavirus cases are rising in the United States. Per the monthly National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI), builder confidence for newly-built single
For investors looking for momentum, iShares U.S. Basic Materials ETF IYM is probably a suitable pick. The fund just hit a 52-week high and is up 76.8% from its 52-week low price of $59.49/share.
The dismal day for the major indexes never had a chance at recovery, as fears continued to mount concerning a renewal of coronavirus cases worldwide. After beginning the day down around 900 points, the Dow finished the session 509 points lower, its third-straight loss and wors
What happened
U.S. stock markets are continuing the declines seen in Europe overnight. While the major U.S. market indexes are experiencing general declines of 2% to 3%, steel stocks are showing outsized drops. United States Steel (NYSE: X), ArcelorMittal (NYSE: MT) and Clevelan
What happened
Shares of electric-truck start-up Nikola (NASDAQ: NKLA) were down sharply on Monday, following the overnight departure of founder Trevor Milton amid allegations that he misled investors.
What happened
For a no-news day for alternative energy stocks, there sure is a lot of price movement in shares of hydrogen fuel cell stocks Bloom Energy (NYSE: BE) and Plug Power (NASDAQ: PLUG) today. For that matter, alt-energy newcomer and SPAC stock Pivotal Investment Corpora
What happened
Shares of discretionary stocks, including Ruth's Hospitality (NASDAQ: RUTH), MGM Resorts International (NYSE: MGM), and Melco Resorts (NASDAQ: MLCO) were getting hammered today as jitters over another wave of coronavirus infections spooked investors today.
What happened
Shares of Sabre (NASDAQ: SABR) fell by as much as 10% today as investors continued a broader stock sell-off that began earlier this month. The S&P 500 fell 2.3% in afternoon trading and Sabre's stock is down 8.4% as of 2:21 p.m. EDT.
What happened
Shares of U.S. energy driller Centennial Resource Development (NASDAQ: CDEV) fell as much as 13% in the first hour and a half of trading on Monday. Following close behind was fellow exploration and production (E&P) name QEP Resources (NYSE: QEP), which droppe
What happened
Coronavirus fears raised their ugly heads in a big way this morning, and all sorts of stocks related to the travel industry are suffering for it. For example, in midday trading, shares of travel reservations specialist Booking Holdings (NASDAQ: BKNG) dropped 5.4%,
BioLife Solutions (NASDAQ: BLFS) is starting the week with a bang. On Monday morning, the company announced it has signed a definitive agreement to purchase privately held SciSafe. The price is $30 million, which will be paid half in cash and half in newly issued BioLife common
General Electric (NYSE: GE) announced on Monday that it would exit the "new build coal power market," in yet another blow to the troubled coal industry.
What happened
Airline shares lost altitude on Monday morning after a weekend news cycle heavy on concerns about a new wave of COVID-19 cases and closings. The airlines were hit hard in the spring when the U.S. and international partners went on lockdown, and the industry can ill
(RTTNews) - The Switzerland stock market tumbled on Monday, in line with markets across the globe, amid mounting worries about surging coronavirus cases and fears of lockdown measures in several parts of Europe.
Gene-sequencing giant Illumina (NASDAQ: ILMN) confirmed last week's rumor that it's buying Grail, a start-up working on early detection of cancer using DNA analysis of blood samples, in a deal worth $8 billion. Grail was founded by Illumina in 2016, spun off as an independent co
MoneyGram International, Inc. MGI recently announced that its online platform has been gaining traction from strong customer demand, driven by its digital capabilities. This upside led to robust digital transaction growth for the company in August.