Wall Street's main indexes rose on Monday with the Nasdaq at a fresh intraday record high as investors cheered signs of progress in COVID-19 vaccine development and an upbeat start to the second-quarter earnings season by Pepsi.
Consumer firms were climbing pre-bell Monday as shares of staples companies in the S&P 500 (XLP) were gaining 0.61% and consumer discretionary firms (XLY) were advancing by 0.96% in recent trading.
Wall Street's main indexes were set to rise on Monday as Pepsi kicked off the second-quarter earnings season on an upbeat note, with investors also cheering signs of progress in COVID-19 vaccine development.
Electric car maker Fisker will go public through a merger with a blank check company backed by private equity firm Apollo Global Management Inc at a valuation of $2.9 billion, the companies said on Monday.
I looked at three stocks to avoid last week, and the three investments proved to be even more volatile than I expected them to be. The world's largest cruise line moved 2% higher for the week, matching the market's positive return. The other two stocks declined 5% and 34%, bring
Electric-car maker Fisker will go public through a merger with a blank check company backed by private equity firm Apollo Global Management Inc at a $2.9 billion valuation, the companies said on Monday.
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Many investors who have hit the gas on investing in electric vehicle (EV) manufacturers recently have enjoyed massive gains. Other investors, however, have been sitting on the side of the road for the right time to pick up shares -- eating the dust of EV stocks, like Tesla (NASD
(RTTNews) - Tesla has reduced price of its Model Y crossover by $3,000, following a decline in auto demand during the coronavirus-induced lockdowns, according to several reports. The price reduction came just four month after its launch.
Tesla Inc cut the price of its sport utility vehicle Model Y by $3,000, just four months after its launch, as the U.S. electric carmaker seeks to maintain sales momentum in the COVID-19 pandemic.
Barely a decade into production, Elon Musk's Tesla (NASDAQ: TSLA) is already basically the granddaddy of electric car stocks, the standard to which newcomers aspire. In contrast, Trevor Milton's Nikola (NASDAQ: NKLA) is the new kid on the block -- an electric truck IPO that more
Barely a decade into production, Elon Musk's Tesla (NASDAQ: TSLA) is already basically the granddaddy of electric car stocks, the standard to which newcomers aspire. In contrast, Trevor Milton's Nikola (NASDAQ: NKLA) is the new kid on the block -- an electric truck IPO that more
The stock market has posted an amazing rebound from its March lows, but the real standout among major market benchmarks has been the Nasdaq Composite (NASDAQINDEX: ^IXIC). On Friday, the index closed at a record high for the third straight day, buoyed by enthusiasm about the U.S
The stock market has posted an amazing rebound from its March lows, but the real standout among major market benchmarks has been the Nasdaq Composite (NASDAQINDEX: ^IXIC). On Friday, the index closed at a record high for the third straight day, buoyed by enthusiasm about the U.S
What happened
Shares of electric-car maker Tesla (NASDAQ: TSLA) jumped on Friday afternoon. The stock rose from levels around $1,410 in the first half of the trading day to nearly $1,500. As of about 2 p.m. EDT, the stock was up approximately 7% for the day.
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