The S&P 500 and Dow gave up early gains on Friday as concerns about the economic damage from the COVID-19 pandemic replaced early euphoria from stunning quarterly earnings reports by Apple, Amazon.com and Facebook.
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In early trading on Friday, shares of Apple topped the list of the day's best performing Dow Jones Industrial Average components, trading up 6.4%. Year to date, Apple registers a 39.5% gain.
The European Commission said on Friday it had signed a contract for SAP and Deutsche Telekom to build a software platform that would enable national coronavirus contact tracing apps to 'talk' to each other.
(RTTNews) - Shares of Apple Inc. (AAPL) are up more than 6% Friday morning on upbeat third-quarter results. The stock touched a new high of $412 this morning.
A compilation of the most active stocks on U.S. exchanges. For faster updates on individual market-movers, Eikon users please use search string "STXBZ US" and Thomson One users please search "RT/STXBZ US".
Technology stocks were rallying premarket Friday as the Technology Select Sector SPDR ETF (XLK) was up more than 1% and the SPDR S&P Semiconductor (XSD) was about 2% higher recently.
A compilation of the most active stocks on U.S. exchanges. For faster updates on individual market-movers, Eikon users please use search string "STXBZ US" and Thomson One users please search "RT/STXBZ US".
Wall Street was set to open higher on Friday after tech titans Apple, Amazon.com and Facebook posted blowout quarterly earnings, helping keep nagging pandemic nerves at bay.
Apple customer loyalty and response to the COVID-19 pandemic have proven brick-and-mortar stores are not essential to drive sales of its products, J.P.Morgan said on Friday, as the iPhone maker's blockbuster quarterly results pushed its shares up 7%.
There was a lot to like in Apple's (NASDAQ: AAPL) blowout quarterly report on Thursday afternoon, but the meatiest morsel out of the tech bellwether is that it will execute a 4-for-1 stock split at the end of next month. It's a move that could prove to be contagious among its fe
Should little progress be made in Washington today, we suspect we will once again be closely watching the Sunday talk shows for hints for what could come next in terms of possible pandemic aid packages and their timing.
European shares recovered from their lowest levels in a month on Friday, as investors looked past a severe economic contraction in the euro zone and on to company earnings, while the euro reached its highest in more than two years, set for its best month in a decade.
Northern Ireland on Friday launched the United Kingdom's first COVID-19 tracing app, and the first one that can also trace users in another country, Ireland, who have been in contact with someone suffering from the disease.
A compilation of the most active stocks on U.S. exchanges. For faster updates on individual market-movers, Eikon users please use search string "STXBZ US" and Thomson One users please search "RT/STXBZ US".
Futures tracking the Nasdaq 100 index jumped nearly 1% on Friday as tech titans Apple, Amazon.com and Facebook managed to deliver impressive quarterly earnings despite the COVID-19 pandemic that has crushed the wider U.S. economy.
COVID-19 has wreaked havoc on the economy, leading to difficult times for many businesses. But there's some good news on Wall Street this week. One subset of companies is putting up some impressive numbers: tech. The companies enabling digital transformations and providing servi
European stocks rose on Friday, with technology shares leading the way after bumper earnings from Wall Street's big tech names and Nokia eased nerves about global growth amid surging coronavirus cases.
European shares recovered from their lowest levels in a month on Friday, as investors looked past a severe economic contraction in Germany and on to company earnings, while the euro reached its highest in more than two years, set for its best month in a decade.