Wall Street's major indexes climbed on Monday as data showing unexpected growth in the U.S. services sector last month and optimism over China's economic revival helped investors look past a surge in new cases of COVID-19 at home.
Wall Street's major indexes climbed on Monday as data showing unexpected growth in the U.S. services sector last month and optimism over China's economic revival helped investors look past a surge in new cases of COVID-19 at home.
In early trading on Monday, shares of Tesla topped the list of the day's best performing components of the Nasdaq 100 index, trading up 8.1%. Year to date, Tesla registers a 212.2% gain.
Consumer firms were gaining in Monday's premarket trading. Shares of staples companies in the S&P 500 (XLP) were 0.90% higher and consumer discretionary firms (XLY) were recently up more than 1%.
Wall Street's main indexes were set to open higher on Monday, with the Nasdaq eyeing another record level, as bets on China leading the revival from a coronavirus-driven downturn helped investors look past a surge in new cases of COVID-19 at home.
Investors who have missed the surge in Tesla are wondering whether they can make up for that mistake by buying Nikola (NKLA), which designs and plans to manufacture hydrogen-electric trucks.
For more than four months now, Wall Street and investors have been taken on the ride of their lives. Uncertainty and panic related to the coronavirus disease 2019 (COVID-19) pandemic completely pulled the rug out from beneath the stock market and ultimately sent the benchmark S&
U.S. stock index futures rose on Monday as bets on China leading the revival from a coronavirus-driven downturn helped investors look past a domestic surge in new infections over the long weekend.
The stock market plunged into a bear market at the fastest pace in history earlier this year, but since the March lows it's been an impressive rally. June was the third consecutive month of gains in the S&P 500, and the benchmark index is entering the second half of the year
After surpassing Toyota Motor Corp as the world's most valuable automaker and stunning with forecast-beating deliveries, Tesla Inc has taken time out to poke fun at the company's naysayers - with sales of red satin shorts.
There's been lots of volatility on the markets this year since the outbreak of COVID-19, a lot of which has come as a result of more retail investors getting involved in the markets. The pandemic is keeping people at home, and live sporting events have been canceled, meaning peo
When positioning your retirement fund for the long-term horizon, perhaps three or four decades down the road, be sure to save room in your portfolio for environmental, social, and governance (ESG) stocks. Sure, these companies may involve novel strategies and may not be as well
Tesla (NASDAQ: TSLA) impressed investors on Thursday, reporting second-quarter vehicle deliveries that were far ahead of analysts' estimates. The feat was particularly notable since the company's main factory in Fremont, California, was shut down for the first half of the quarte
South Korea's LG Chem Ltd plans to start producing batteries for Tesla Inc vehicles at a domestic factory this year after the U.S. electric carmaker raised orders to cope with demand, a person familiar with the matter said on Friday.
The Nasdaq exchange has had some of the most exciting companies in the stock market, and they've helped to make the Nasdaq the first major market benchmark to reach new highs. On Thursday, the Nasdaq Composite (NASDAQINDEX: ^IXIC) and the Nasdaq 100 set fresh records, rising bet
What happened
Shares of Pinduoduo (NASDAQ: PDD) were climbing to all-time highs today on a broader wave of gains among Chinese tech stocks. Though there was no clear reason for its gains, the stock finished Thursday up 8.8%.
Wall Street closed higher and the Nasdaq reached an all-time closing high on Thursday as investors headed into their long holiday weekend buoyed by a record surge in payrolls, which provided assurance that the U.S. economic recovery was well under way.
Wall Street closed higher and the Nasdaq reached an all-time closing high on Thursday as investors headed into their long holiday weekend buoyed by a record surge in payrolls, which provided assurance that the U.S. economic recovery was well under way.
Consumer stocks were adding slightly to their mid-day advance, with the SPDR Consumer Staples Select Sector ETF climbing 0.9% this afternoon while the SPDR Consumer Discretionary Select Sector ETF was rising 0.8%.