All three major U.S. stock indexes opened the second quarter with steep losses, each tumbling more than 4% amid more dismal news on the coronavirus outbreak.
The latest declines come after President Donald Trump warned of a difficult two weeks ahead and health officials predicted up to 240,000 U.S. deaths from the coronavirus outbreak.
The latest declines come after President Donald Trump warned of a difficult two weeks ahead and health officials predicted up to 240,000 U.S. deaths from the coronavirus outbreak.
U.S. stock futures and European stocks are falling after President Donald Trump warned of a difficult two weeks ahead and health officials in that country predicted up to 240,000 deaths from the coronavirus outbreak.
Germany's export-dependent manufacturing sector saw the steepest decrease in output in almost 11 years in March, a survey showed on Wednesday, as the coronavirus pandemic forced plant closures in Europe's biggest economy.
China's factory activity improved in March after plunging a month earlier, a private survey showed on Wednesday, but the bare minimal growth highlighted the intense pressure facing businesses as the global coronavirus pandemic shuts down many countries.
China's factory activity improved in March after plunging a month earlier, a private survey showed on Wednesday, but the bare minimal growth highlighted the intense pressure facing businesses as the global coronavirus pandemic shuts down many countries.
One unforeseen outcome from the coronavirus outbreak in China is that it is speeding up capital market reform even as economic activity is gummed up by restrictions to contain its spread.
Japan's factory activity contracted at the fastest pace in about a decade in March, as the world's third-largest economy struggled with a severe downturn in overseas and domestic demand due to the coronavirus crisis.
South Korea's factory activity fell at its fastest pace in 11 years in March, a private sector survey showed on Wednesday, as the coronavirus pandemic paralysed global demand and supply chains.
ProPetro Holding (PUMP) came out with quarterly earnings of $0.25 per share, missing the Zacks Consensus Estimate of $0.42 per share. This compares to earnings of $0.59 per share a year ago. These figures are adjusted for non-recurring items.
Amazon AMZN is leaving no stone unturned to promote seller interest during amid the coronavirus-induced crisis.This is evident from the company’s latest move of waiving the storage fees for the last two weeks of March for sellers.In a bid to cater to overflowing orders on acco
Bank of America BAC is financially sound amid the current global coronavirus-related crisis as compared to the 2008 financial crisis. In an interview with CNBC’s Jim Cramer last week, the company’s CEO Brian Moynihan said, “What's different this time is clearly our capital
Devon Energy Corporation DVN recently decided to lower its 2020 capital expenditure again by $300 million to $1 billion for preserving liquidity amid the coronavirus-induced crisis. Reduction in demand adversely impacted prices of crude oil as evident from a decline of 66.5% yea
AbbVie (ABBV) closed the most recent trading day at $76.11, moving +1.16% from the previous trading session. This move outpaced the S&P 500's daily loss of 1.6%. At the same time, the Dow lost 1.84%, and the tech-heavy Nasdaq lost 0.95%.
Johnson & Johnson (JNJ) closed the most recent trading day at $131.04, moving -1.48% from the previous trading session. This move was narrower than the S&P 500's daily loss of 1.6%. At the same time, the Dow lost 1.84%, and the tech-heavy Nasdaq lost 0.95%.
Microsoft (MSFT) closed the most recent trading day at $157.71, moving -1.57% from the previous trading session. This change was narrower than the S&P 500's daily loss of 1.6%. Meanwhile, the Dow lost 1.84%, and the Nasdaq, a tech-heavy index, lost 0.95%.
Verizon Communications (VZ) closed at $53.73 in the latest trading session, marking a -1.9% move from the prior day. This change lagged the S&P 500's daily loss of 1.6%. Meanwhile, the Dow lost 1.84%, and the Nasdaq, a tech-heavy index, lost 0.95%.
Stocks ended in the red Tuesday after a stronger start. The Consumer Confidence index slid to 120 in March, the lowest reading since July 2017, though not quite as bad as economists had feared.
Amazon AMZN is making every effort to strengthen retail services in order to cater to customers amid the coronavirus pandemic.This is evident from the company’s recent partnership with ride-hailing company Lyft LYFT. Per the deal, Lyft has asked its drivers to consider job opp