What happened
Airline shares were under pressure on Monday as investors grappled with a fresh round of headlines concerning COVID-19 cases spiking. We're moving into the final stages of the summer vacation season with travel demand still anemic, and without much reason to believ
While many sectors have been hit hard by impacts from the COVID-19 pandemic, some companies have recently been reporting a strong rebound in demand. Outdoor recreation equipment suppliers have seen increasing demand as people can stay socially distant on vacation with recreation
The Nasdaq surged to a record high close on Monday, while the S&P 500 approached its own record level, with both indexes lifted by Nvidia and other technology stocks.
The Brazilian real hit its lowest level in nearly three months on Monday, while Mexico's peso broke a four-day winning streak as the number of cases of coronavirus surged in Latin America, while the region's main stock indexes traded mixed.
What happened
Shares of JD.com (NASDAQ: JD) were moving higher Monday after the Chinese e-commerce giant topped estimates in its second-quarter earnings report. As China rebounded from the pandemic, the company saw strong demand in areas like grocery and general merchandise, w
What happened
The stock market was nearly flat on Monday, with the Dow Jones Industrial Average in the red, and both the S&P 500 and Nasdaq Composite higher by less than 1% as of 3 p.m. EDT.
The Chilean authorities shut down a mall in downtown Santiago on Monday morning after hundreds of people crowded into the precinct to buy merchandise to sell, just hours after a lockdown for the area was eased.
India's Economic Times is reporting that Alphabet's (NASDAQ: GOOG)(NASDAQ: GOOGL) Google is in talks to invest in that country's ShareChat. Neither the potential terms nor the price were disclosed in the article, which cited "two people familiar with the matter" as its sources.
The Canadian dollar strengthened against its U.S. counterpart on Monday as oil prices climbed and domestic data showed a surge in home sales to a record high, with the loonie nearing its strongest level in nearly seven months.
The Canadian Football League said on Monday it decided to cancel its entire 2020 season after failing to secure financing from the federal government to stage a shortened campaign amid the COVID-19 outbreak.
(RTTNews) - The European stock markets shook off early inconsistency to finish higher on Monday, riding positive sentiment after the People's Bank of China injected liquidity into the financial system to help lenders manage upcoming government bond sales.
The Friedkin Group are the new owners of AS Roma, the Serie A side announced on Monday, two weeks after U.S. billionaire Dan Friedkin signed a deal worth more than $700 million to purchase the Italian club.
Beauty company Coty (NYSE: COTY) is not one of the COVID-19 winners. In fact, its stock has performed so poorly that it has barely moved from its March low of $3, currently hovering around $4, a 62% decline year-to-date.
What happened
Shares of Overstock.com (NASDAQ: OSTK) have skyrocketed today, up by 21% as of 12:15 p.m. EDT, after getting a bullish initiation from Wall Street. Piper Sandler kicked off coverage of the e-commerce company with an overweight rating.
Technology-related shares were the top boosts to the S&P 500 and Nasdaq on Monday, bringing the benchmark index close to a record high as focus turned to earnings from big retailers later this week.
What happened
Shares of Singapore-based e-commerce, payments, and online gaming company Sea Limited (NYSE: SE) popped more than 5% in Monday morning trading before settling down to enjoy a still respectable 3.6% gain as of 12:20 p.m. EDT.
Airlines and airports will ask a UN-led task force meeting on Tuesday to recommend countries accept a negative COVID-19 test within 48 hours of travel as an alternative to quarantines that have decimated demand for travel, according to a document seen by Reuters.
(RTTNews) - Homebuilder confidence matched a record high in the month of August, according to a report released by the National Association of Home Builders on Monday.
Sudanese security forces fired tear gas to disperse thousands of protesters who gathered on Monday, some burning car tyres, to mark the anniversary of a transitional power-sharing deal with demands for quicker political reform.