The stock market plunged into a bear market at the fastest pace in history earlier this year, but since the March lows it's been an impressive rally. June was the third consecutive month of gains in the S&P 500, and the benchmark index is entering the second half of the year
After surpassing Toyota Motor Corp as the world's most valuable automaker and stunning with forecast-beating deliveries, Tesla Inc has taken time out to poke fun at the company's naysayers - with sales of red satin shorts.
There's been lots of volatility on the markets this year since the outbreak of COVID-19, a lot of which has come as a result of more retail investors getting involved in the markets. The pandemic is keeping people at home, and live sporting events have been canceled, meaning peo
When positioning your retirement fund for the long-term horizon, perhaps three or four decades down the road, be sure to save room in your portfolio for environmental, social, and governance (ESG) stocks. Sure, these companies may involve novel strategies and may not be as well
Tesla (NASDAQ: TSLA) impressed investors on Thursday, reporting second-quarter vehicle deliveries that were far ahead of analysts' estimates. The feat was particularly notable since the company's main factory in Fremont, California, was shut down for the first half of the quarte
South Korea's LG Chem Ltd plans to start producing batteries for Tesla Inc vehicles at a domestic factory this year after the U.S. electric carmaker raised orders to cope with demand, a person familiar with the matter said on Friday.
The Nasdaq exchange has had some of the most exciting companies in the stock market, and they've helped to make the Nasdaq the first major market benchmark to reach new highs. On Thursday, the Nasdaq Composite (NASDAQINDEX: ^IXIC) and the Nasdaq 100 set fresh records, rising bet
What happened
Shares of Pinduoduo (NASDAQ: PDD) were climbing to all-time highs today on a broader wave of gains among Chinese tech stocks. Though there was no clear reason for its gains, the stock finished Thursday up 8.8%.
Wall Street closed higher and the Nasdaq reached an all-time closing high on Thursday as investors headed into their long holiday weekend buoyed by a record surge in payrolls, which provided assurance that the U.S. economic recovery was well under way.
Wall Street closed higher and the Nasdaq reached an all-time closing high on Thursday as investors headed into their long holiday weekend buoyed by a record surge in payrolls, which provided assurance that the U.S. economic recovery was well under way.
Consumer stocks were adding slightly to their mid-day advance, with the SPDR Consumer Staples Select Sector ETF climbing 0.9% this afternoon while the SPDR Consumer Discretionary Select Sector ETF was rising 0.8%.
What happened
Shares of Tortoise Acquisition (NYSE: SHLL) were trading higher on Thursday. Intense investor interest in electric vehicles has powered shares of Tortoise, a special purpose acquisition company (SPAC) that is preparing to merge with electric-truck drivetrain maker
NEW YORK (Reuters Breakingviews) - Tesla’s electrifying rise claimed its biggest victim yet. During morning trading on Wednesday, shares in the Silicon Valley upstart rose some 5% to briefly hit a market value of $210 billion, overtaking Toyota Motor as the world’s l
Wall Street advanced on Thursday as investors headed into their long holiday weekend buoyed by a record payrolls jump, which provided assurance that the U.S. economic recovery was well under way.
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Wall Street rose on Thursday, with the Nasdaq hitting an all-time high, after a record-setting increase in monthly U.S. jobs pointed to a rebound in business activity following the easing of coronavirus-led lockdowns.
Reuters
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