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Stocks, Oil Rally Back From Historic Losses

6 years 6 months ago
After a disastrous Monday, the Dow turned in an over 1,000-point rally today, as Wall Street recouped some of the historical losses suffered in the previous session. It was an incredibly volatile session, with the blue-chip index trading as much as 160 points lower at its ses
Schaeffer

Why Shares of JetBlue Were Up Today

6 years 6 months ago
What happened Shares of JetBlue Airways (NASDAQ: JBLU) climbed nearly 10% on renewed investor confidence that airline stocks can weather a COVID-19 coronavirus-induced travel slump. Many of JetBlue's larger rivals are following that company's lead and bringing down capacity, le
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Why Lowe's Stock Was Rising Today

6 years 6 months ago
What happened Shares of Lowe's (NYSE: LOW) were moving higher today as the home-improvement retailer caught a tailwind from the rebound in the broader market on hopes for a federal stimulus. Lowe's also revealed that CEO Marvin Ellison bought about $1 million worth of company
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Why Shares of Alaska Air Group Are Soaring Today

6 years 6 months ago
What happened Shares of Alaska Air Group (NYSE: ALK) climbed nearly 10% on Tuesday afternoon as investors took a second look at airline stocks, which have been beaten down by fears of a travel slump related to COVID-19 outbreaks. The impact on airlines is real, but with shares o
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EU to Suspend Airline Rules as Travel Plummets Due to Coronavirus

6 years 6 months ago
With air travel dropping sharply over coronavirus concerns, European carriers like Air France-KLM (OTC: AFLYY) and Delta Air Lines' (NYSE: DAL) joint venture Virgin Atlantic were stuck between a rock and a hard place. So-called "slot rules" at European airports forced them t
The Motley Fool

COVID-19 Outbreak Threatens U.S. Hospitals' Supply Chains

6 years 6 months ago
Healthcare professionals responding to the COVID-19 outbreak are burning through heaps of face masks and other forms of personal protective equipment. However, since most of the medical protective gear used in the U.S. is manufactured in China, hospital operators have started te
The Motley Fool

Why Carnival Shares Popped 11.2% Today

6 years 6 months ago
What happened  Shares of cruise operator Carnival (NYSE: CCL) jumped as much as 11.2% in trading Tuesday after President Trump vowed to help the industry. Shares actually hit a 52-week low near midday as well, but at 2:55 p.m. EDT, they were still up 7.2% for the day. 
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Why Palo Alto Networks Shares Fell 21% Last Month

6 years 6 months ago
What happened Shares of Palo Alto Networks (NYSE: PANW) fell 21.4% in February 2020, according to data from S&P Global Market Intelligence. The network security specialist's stock was tracking right alongside the broader market all month long until a mixed second-quarter ear
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