Global investors yanked almost $24 billion out of cash funds in the past week to redirect money into emerging markets, while slowing down on chasing the summer's winners, technology and gold, BofA's weekly fund flow statistics showed on Friday.
Global investors yanked almost $24 billion out of cash funds in the past week to redirect money into emerging markets, while slowing down on chasing summer winners, technology and gold, BofA's weekly fund flow statistics showed on Friday.
A large options player unwound bets on several technology-related companies on Thursday, offering another sign of the market's recently diminished appetite for shares in the sector.
U.S. stocks closed lower after a choppy trading session on Thursday as heavyweight tech-related stocks resumed their decline following a sharp rebound the previous session, while elevated jobless claims reminded investors of a still-difficult recovery ahead.
U.S. stocks closed lower after a choppy trading session on Thursday as heavyweight tech-related stocks resumed their decline following a sharp rebound the previous session, while elevated jobless claims reminded investors of a still-difficult recovery ahead.
The S&P 500 fell in choppy trading on Thursday as heavyweight tech-related stocks slid after a sharp rebound the previous session, while elevated jobless claims reminded investors of a still-difficult recovery ahead.
According to an interview with one of the company's two Chief Executive Officers, Reed Hastings, streaming service Netflix (NASDAQ: NFLX) probably won't be buying a theater chain in the near future, despite persistent rumors that it might. However, while speaking to The Hollywoo
The S&P 500 fell in volatile trading on Thursday as heavyweight tech-related stocks slipped after a sharp rebound in the previous session, while elevated jobless claims underscored a patchy economic rebound.
The S&P 500 edged higher in volatile trading on Thursday as investors cautiously bought heavyweight tech-related stocks after a recent selloff while awaiting more coronavirus fiscal aid amid growing evidence of a choppy economic rebound.
Disney's (NYSE: DIS) streaming platform Disney+ is an unparalleled success, hitting over 60 million subscribers in less than a year and doing so four years ahead of schedule.
They may be in different industries, but Disney (NYSE: DIS) and Home Depot (NYSE: HD) are both long-term winning stocks that investors love. Both are currently within 10% of all-time highs, so neither stock really presents a superior opportunistic entry point.
Whew, that was better. The S&P 500 Index (SNPINDEX: ^GSPC) bounced back bigly on Sept. 9, gaining 67 points, or 2%. The turn back higher breaks a three-day skid that saw tech stocks -- and almost everything else -- edge lower by almost 7% from last Thursday through yesterda
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".
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's main indexes were on track to open higher on Wednesday, as technology-focused companies climbed following three sessions of intense selling that sent the Nasdaq Composite index lower by 10%.
U.S. stock index futures jumped on Wednesday following a brutal sell-off in heavyweight technology stocks that sent the Nasdaq Composite index into correction territory in just three sessions.
For Wall Street, 2020 has been a year filled with twists and turns. The uncertainty created by the coronavirus disease 2019 (COVID-19) pandemic pushed equities considerably lower during a five-week stretch in the first quarter. This was followed by the stock market staging its m
Nasdaq futures bounced on Wednesday following a brutal sell-off in heavyweight technology stocks that sent the Nasdaq Composite index into correction territory in just three sessions.
Italy's top commercial broadcaster Mediaset suffered a first half net loss of 19 million euros ($22 million) due to the COVID-19 outbreak which prompted companies to slash spending on advertising despite a jump in viewers.