The S&P 500 traded above its record closing high on Wednesday in a broad rally led by tech stocks. In afternoon trading, the benchmark index was above the record high close of 3,386.15 from Feb. 19, before the onset of the coronavirus crisis in the United States that caused one of Wall Street's most dramatic crashes in history.
Tech stocks were rallying on Wednesday, helping to push the Dow Jones Industrial Average (DJINDICES: ^DJI) up about 1% by 2 p.m. EDT. Daily confirmed cases of COVID-19 in the United States remain elevated compared to the first peak earlier this year, but the numbers have been tr
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Wall Street's main indexes jumped on Wednesday, with the S&P 500 crawling towards a record high in a broad rally led by tech stocks, with investors shrugging off a stalemate over the new coronavirus relief bill.
In July of 2020, when Apple (AAPL) announced that they would be splitting their stock, it was big news. It really shouldn’t have been though. Splits aren’t that rare -- case in point, Tesla (TSLA) just announced a stock split of their own.
Wall Street's main indexes jumped on Wednesday, with the S&P 500 crawling towards a record high in a broad rally led by tech stocks, although some investors were cautious following a stalemate over the new coronavirus relief bill.
Goldman Sachs Group Inc is looking to buy General Motors Co's credit card unit as it looks to double down on its consumer banking arm, the Wall Street Journal reported on Wednesday, citing people familiar with the matter.
Like it or hate it, Tesla (NASDAQ: TSLA) has indisputably been one of the biggest success stories of the past decade. Since going public in 2010, Tesla's stock has soared, and the electric vehicle manufacturer has defied industry naysayers by ramping up production and becoming t
Microsoft Corp on Wednesday said the Surface Duo, its dual-screen smartphone powered by Alphabet Inc's Android operating system, will start at a price of $1,399 and arrive in stores beginning Sept. 10.
Wall Street analysts praised Tesla Inc's move to split its richly valued stock into smaller chunks, saying it had the potential to extend a 200% rally in its shares this year by making it easier for retail investors to hold the stock.
Foxconn, the world's largest contract electronics manufacturer, reported a better-than-expected quarterly profit on Wednesday, as rising telecommuting demand amid the coronavirus pandemic offset slowing smartphone sales.
Foxconn, the world's largest contract electronics manufacturer, reported a better-than-expected quarterly profit on Wednesday, as rising telecommuting demand amid the coronavirus pandemic offset slowing smartphone sales.
President Donald Trump's executive order banning China's TikTok could prevent U.S. app stores from offering the popular short-video app and make advertising on the platform illegal, according to a White House document seen by Reuters.
In this episode of Industry Focus: Financials, Jason Moser chats with Motley Fool contributors, Jason Hall and Dan Caplinger about the latest news and earnings reports from Wall Street. They'll talk Berkshire Hathaway and its investment strategy; Next, they move on and discuss a
Tesla Inc on Tuesday announced a five-for-one stock split, as the electric carmaker looks to make its shares more attractive to retail investors following a stunning rally this year.
Tesla Inc on Tuesday announced a five-for-one stock split, as the electric carmaker looks to make its shares more attractive to retail investors following a stunning rally this year.
U.S. stocks closed lower on Tuesday, with the S&P 500 and Dow snapping a seven-day streak of gains and falling late in the session on growing uncertainty about breaking a stalemate in Washington over a fiscal stimulus deal.
There was a frantic finish on Wall Street today. Russia's vaccine news and hopes of a U.S. stimulus deal stoked investor optimism for most of the day, but by the end of the session, that excitement had worn off. The Dow and S&P 500 both snapped their seven-day winning s