The Nasdaq closed 1.4% lower and the S&P dipped slightly on Tuesday as investors sold off technology stocks that benefited from virus lockdowns, favoring sectors that have suffered most during the pandemic instead on hopes a COVID-19 vaccine will turn the economy around.
The blue-chip index popped again today, as stay-at-home stocks that thrived in the throes of the pandemic, were rotated out in favor of those linked to economic recovery. Specifically, names like Amazon.com (AMZN) and Zoom Video (ZM) fell considerably, while stocks like Chevron
The Nasdaq closed lower on Tuesday as investors sold off technology stocks that benefited from virus lockdowns and favored the sectors that suffered most during the pandemic on optimism that a COVID-19 vaccine would turn around the economy.
Among the underlying components of the Russell 3000 index, we saw noteworthy options trading volume today in Revlon Inc (Symbol: REV), where a total of 35,459 contracts have traded so far, representing approximately 3.5 million underlying shares. That amounts to about 1272.8%
The S&P 500 and the Nasdaq fell on Tuesday as investors favored sectors that suffered most during the pandemic over those that benefited from virus lockdowns and social distancing due to optimism that a COVID-19 vaccine would help the economy rebound.
The surge in shares of Netflix, Zoom and other of this year's stay-at-home corporate winners has been brought to a sudden halt by promising vaccine data suggesting a possible way out of the COVID-19 pandemic.
The surge in shares of Netflix, Zoom and other of this year's stay-at-home corporate winners has been brought to a sudden halt by promising vaccine data suggesting a possible way out of the COVID-19 pandemic.
Walmart (NYSE: WMT) said today that it is teaming up with Cruise, the autonomous-vehicle company controlled by General Motors (NYSE: GM), in its latest experiment with self-driving delivery vehicles.Walmart said that it has agreed to a pilot program with Cruise, to start early ne
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".
The S&P 500 and the Nasdaq fell on Tuesday as excitement over signs of a first successful late-stage COVID-19 vaccine trial faded, while investors continued to pull money out of some Big Tech companies that have benefited most from the pandemic.
African online retailer Jumia on Tuesday reported a nearly 18% fall in third-quarter revenue as it shifted towards less expensive but more frequently ordered items and missed out on lockdown boosts enjoyed by international rivals.
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".
The S&P 500 and the Nasdaq dropped on Tuesday as excitement over signs of a first successful late-stage COVID-19 vaccine trial faded, while investors continued to pull money out of some Big Tech companies that have benefited most from the pandemic.
The European Commission announced today that it has accused Amazon (NASDAQ: AMZN) of using data it collects from third-party retailers on its platform to benefit its own business, in violation of antitrust regulations.The enforcement arm of the European Union also said it has ope
I am sure there are a lot of investors, particularly those relatively new to managing their own money, who have been a bit confused over the last couple of days.
LONDON (Reuters Breakingviews) - U.S. technology giants often paint Margrethe Vestager, Europe’s competition tsar, as a cartoon villain. The antitrust charges the European Commission executive vice-president unveiled against Amazon.
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".
The S&P 500 dropped on Tuesday as excitement over signs of a first successful late-stage COVID-19 vaccine trial faded, while investors continued to pull money out of the big tech companies that have benefited most from the pandemic.
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".
The S&P 500 was set to open lower on Tuesday as excitement over signs of a first successful late-stage COVID-19 vaccine trial faded, while investors continued to pull money out of the big tech companies that have benefitted most from the pandemic.