Plus, weekly jobless claims hit their lowest level in the pandemic era but still came in above 1 million, White House and congressional Democratic negotiators have a self-imposed deadline of Friday to come to agreement on a relief package, and Bausch Health is spinning off is eye care business.
Read MoreThis ETF may be signaling where the market is headed in the near-term.
Read MorePlus, White House and Democratic negotiators made progress toward a deal on a new relief bill, ADP reported a sharp decrease in job creation in July, and Square’s earnings release was leaked ahead of schedule.
Read MorePlus, democrat and republican negotiators made some progress on the next coronavirus relief bill, Ford’s Hackett is out as CEO, and Take-Two Interactive reported strong earnings results.
Read MorePlus, stimulus stocks continue to sputter, Eli Lilly is beginning a late stage trial of its experimental coronavirus antibody treatment in nursing homes, Microsoft has 45 days to finalize a deal to buy TikTok, and another electric vehicle maker is going public via a merger with a blank-check SPAC.
Read MorePlus, big tech stocks crushed earnings, $600-a-week unemployment benefits are set to expire with no agreement on a new stimulus bill in Congress, Merck is preparing to launch a large study of its experimental coronavirus treatment, and Pinterest is on the rise.
Read MorePlus, jobless claims rose to 1.43 million last week, Johnson & Johnson said its coronavirus vaccine candidate protected moneys from the virus with a single shot, and big tech reports earnings after the bell.
Read MorePlus, the Fed wraps up its two-day meeting today, Sorrento Therapeutics has licensed a rapid coronavirus test, Boeing reported a loss in the second quarter, and L Brands announced it’s laying off 15% of its corporate workforce.
Read MorePlus, negotiations have begun on Republicans’ new coronavirus relief bill, McDonald’s said second quarter revenue dropped 30%, and DraftKings inked a new deal with the PGA Tour.
Read MorePlus, Republicans are expected to release the details of their coronavirus relief bill today, Hasbro shares are down after a 29% drop in revenue in the second quarter, and Target will be closed on Thanksgiving.
Read MorePlus, coronavirus cases in the U.S. rose to 4 million, Senate Republicans have come to agreement with the White House on how to proceed with a new coronavirus relief bill, Tesla smashed earnings estimates, and another retailer declared bankruptcy.
Read MoreOver the last week, the market has been set on pushing to new higher highs, with the Nasdaq setting a new all-time high at the beginning of this week and the S&P 500 breaking above its last pivot high in May. The start of a new earnings season seems to have lifted investor sentiment, as […]
Read MorePlus, it’s looking unlikely Congress will pass another coronavirus relief bill before the end of July, IBM reported an earnings beat, eBay sold its classified ads unit, and Men’s Wearhouse-parent Tailored Brands is laying off 20% of its workforce and considering closing up to 500 stores.
Read MorePlus, cruise stocks are down after the CDC officially halts the summer sailing season, Netflix reported disappointing earnings and subscriber growth guidance, and British Airways is grounding its fleet of Boeing 747 jumbo jets ahead of schedule.
Read MorePlus, jobless claims came in higher than 1 million for the seventeenth week in a row, security experts warned Russian hackers are trying to steal COVID-19 vaccine research, Morgan Stanley reported better-than-expected earnings, and Tesla shares are down after a report that its vehicle registrations were down by nearly half in the second quarter.
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