Oil prices hit five-month lows and shares extended losses on Monday on worries about global demand as many economies slid back into coronavirus-induced lockdowns while upcoming U.S. presidential elections led to heightened caution.
By Justin Spittler The biggest presidential election of our lifetimes is just around the corner. And if you watch cable news, you may feel like the fate of everything hangs in the balance, from our environment to our economy to our health. But as I’ll show you today, the election has almost zero impact on my stock picking [...] Read more at ETFtrends.com.
Some investors are betting the technology and communications stocks that drove a massive rebound in U.S. markets this year will face a tougher slog in coming months, no matter whether Republican President Donald Trump or Democratic challenger Joe Biden wins Tuesday's election.
Friday, Oct. 30, was a scary day for the markets -- very appropriate for the day before Halloween. The tech-focused Nasdaq declined 2.45%, and the leading FAANG contingent fell even harder, with all major names declining more than 5%. That is, except one:
Company
Zoom Video Communications' (NASDAQ: ZM) stock soared about 660% this year as the COVID-19 crisis brought millions of new users to its video conferencing platform. Just as Google became a verb for online searches, Zoom became synonymous with video calls.Meanwhile, shares of Alphab
Many investors appear to be thinking through the consequences of the upcoming election, given the extreme volatility we saw in the markets last week. But let's try to focus on the positives. After all, there are a handful of companies out there that are sure to benefit from this
Facebook, Inc. (NASDAQ:FB) just released its latest quarterly results and things are looking bullish. The company beat both earnings and revenue forecasts, with revenue of US$21b, some 8.5% above estimates, and statutory earnings per share (EPS) coming in at US$2.71, 42% ahead o
There's a presidential election happening on Nov. 3. You might have heard about it. You'll probably hear plenty more about it after all the voting has taken place and the results have been analyzed. The stock market could make big moves depending on how it all pans out, and inves
Election Day 2020 is nearly upon us, and tens of millions of Americans have already cast their votes for the presidential candidate they think will do a better job of leading the country, as well as for U.S. representatives and senators who, as a group, will have a similar impact
This year has tested the resolve of investors like few years before it. We've navigated our way through the fastest bear-market plunge of at least 30% in history (it took about a month), as well as the quickest rebound from a bear-market bottom to fresh all-time highs. You could
Some investors are betting the technology and communications stocks that drove a massive rebound in U.S. markets this year will face a tougher slog in coming months, no matter whether Republican President Donald Trump or Democratic challenger Joe Biden wins Tuesday's election.
U.S. stock indexes closed lower on Friday to cap Wall Street's biggest weekly sell-off since March, as losses in richly priced tech heavyweights, a record rise in coronavirus cases and jitters over the presidential election snuffed investor sentiment.
Stocks across the globe resumed their slide on Friday and oil posted a double-digit weekly fall on continued concern over the economic impact of rising global coronavirus infections and ahead of Tuesday's U.S. presidential election.
U.S. stock indexes closed lower on Friday, capping Wall Street's worst week since the March sell-off, as losses in richly priced tech heavyweights, a record rise in coronavirus cases and jitters over the presidential election snuffed investor sentiment.
Stocks across the globe resumed their slide on Friday and oil headed for a double-digit weekly fall on continued concern over the economic impact of rising global coronavirus infections and ahead of Tuesday's U.S. presidential election.
Major U.S. stock indexes tumbled on Friday, dragged by losses in tech heavyweights that had been priced for perfection, and a record rise in coronavirus cases fed the glum mood along with presidential election jitters.