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Wall Street was set to open higher on Tuesday after a round of quarterly earnings reports brought upbeat signs from Pfizer and respiratory mask-maker 3M for investors increasingly hopeful of a relaunch of business across the economy.
U.S. stock index futures rose on Tuesday after a round of quarterly earnings reports brought upbeat signs from Pfizer and respiratory mask-maker 3M for investors increasingly hopeful of a relaunch of business across the economy.
U.S. stock index futures climbed higher on Tuesday ahead of the next round of quarterly earnings reports, with investors also keenly looking at the safety of reopening economies hit hard by the coronavirus-induced shutdowns.
As the coronavirus pandemic goes on, there has been much to-do about the Defense Production Act (DPA) and the nationwide effort to recover the economy and fulfill shortages of critical personal protective equipment, or PPE, and respiratory care devices like ventilators.
Tesla Inc Chief Executive Elon Musk is on the cusp of a roughly $750 million payday as the electric carmaker's stock recovers from a slump caused by the coronavirus, which led the company to close its factories and furlough workers.
General Motors Co, Ford Motor Co and Fiat Chrysler Automobiles NV are targeting May 18 to resume some production at their U.S. factories after shutting down plants in March due to the coronavirus outbreak, the Wall Street Journal reported.
General Motors Co, Ford Motor Co and Fiat Chrysler Automobiles NV are targeting May 18 to resume some production at their U.S. factories after shutting down plants in March due to the coronavirus outbreak, the Wall Street Journal reported.
U.S. stock markets rose on Monday as more states prepared to lift coronavirus-induced curbs and investors geared up for the busiest week of quarterly earnings reports, including from tech titans Apple and Microsoft.
General Motors (NYSE: GM) said on Monday that it has suspended its quarterly dividend and stock-repurchase programs to conserve cash amid the coronavirus pandemic.
Wall Street was set to rise at the open on Monday as more states prepared to lift coronavirus-induced curbs and Boeing gained after pulling out of a deal to buy Embraer's commercial jets division.
General Motors Co said on Monday the automaker has suspended its quarterly cash dividend on its common stock and its share buybacks to save cash in the face of the coronavirus crisis that has severely hurt global automobile sales.
U.S. stock index futures rose on Monday as more states looked set to lift coronavirus-induced curbs, and investors awaited earnings reports from marquee companies including Apple and Microsoft due this week.
U.S. stock index futures rose on Monday as more states looked set to lift coronavirus-induced curbs, with investors also turning to quarterly earnings reports from marquee companies including Apple and Microsoft later this week.
Asian shares bounced on Monday as the Bank of Japan (BOJ) announced more stimulus steps to help cushion the economic impact of the coronavirus, but the recent weak run in the global oil price showed no signs of ending.
Asian shares bounced on Monday as the Bank of Japan (BOJ) announced more stimulus steps to help cushion the economic impact of the coronavirus, while oil took another spill as the world ran short of space to store it.
Asian shares bounced on Monday as the Bank of Japan (BOJ) announced more stimulus steps to help cushion the economic impact of the coronavirus, while oil took another spill as the world ran short of space to store it all.
The coronavirus outbreak has taken its toll on yet another publicly traded company's cash distribution. General Motors (GM, $21.95) announced early April 27 that it was suspending its dividend - the company's second such move in 12 years.
One of the market's hottest stocks this year is Tesla Motors (NASDAQ: TSLA). The maker of next-gen electric cars is trading 73% higher in 2020. Larger U.S. automakers are driving in reverse. Ford (NYSE: F) and General Motors (NYSE: GM) have plummeted 47% and 39%, respectively,
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