Stock futures flat after market sell-off amid uptick in Covid cases

U.S. stock futures were flat in overnight trading on Monday following the market's massive sell-off. Fueling the weakness is a surge in Covid-19 cases in the U.S. and abroad, compounded with little hopes of a stimulus package from Washington. Dow futures rose 20 points. The S&P 500 and Nasdaq gained 0.07% and 0.1%, respectively. Zoom […]

Older Americans are selling the stock market, slowly but ceaselessly, to junior generations

Baby boomers own an outsize helping of the market and are constantly reducing it, a process with significant implications for the supply and demand for equities, the interpretation of fund-flow statistics and the kinds of stocks likely to perform better and worse in coming years. A breakdown of household-stock and stock-fund ownership by generation shows […]

Asia-Pacific stocks rise as investors look to China's trade data for September ahead

Chinese trade figures for September are expected to be released on Tuesday. Shares of Apple suppliers in Asia-Pacific were also watched after the Cupertino-based tech giant saw its stock stateside soar on Monday. SINGAPORE — Stocks in Asia-Pacific edged higher in Tuesday morning trade as investors await the release of Chinese trade data for September. […]

Stocks making the biggest moves midday: Netflix, United Airlines, Levi Strauss & more

Check out the companies making headlines in midday trading.  SunPower — Shares of the solar company jumped more than 13% to a new 52-week high after Piper Sandler initiated coverage on the stock with an overweight rating. The firm called SunPower a "favorite idea," noting that it has "a path toward generating positive operating cash […]

Stock futures are flat amid positive virus treatment data, debate looms

U.S. stock futures traded flat on Tuesday night after the release of coronavirus treatment data from Regeneron Pharmaceuticals while traders awaited the first presidential debate.  Dow Jones Industrial Average futures were up just 13 points, or 0.1%. S&P 500 and Nasdaq 100 futures also rose marginally. After the closing bell, Regeneron said its REGN-COV2 drug […]

Treasury yields muted with pandemic, stimulus and Powell testimony on focus

The passage of a fresh coronavirus relief bill through Congress could be delayed further as President Donald Trump tries to push through a Supreme Court replacement for the late Justice Ruth Bader Ginsburg ahead of the election on November 3. Federal Reserve Chairman Jerome Powell will tell the House of Representatives Financial Services Committee on […]

Here's what happened to the stock market on Friday

The Dow fell 159.42 points, or 0.6%, to 28,133.31. The S&P 500 dipped 0.81% to 3,426.96. The Nasdaq Composite slid 1.3%. Stocks gyrated wildly throughout Friday's session as tech shares tried to recover from a massive sell-off in the previous session. The Dow was down more than 600 points at one point. All the major benchmarks […]

Powell says duration of low interest rates 'will be measured in years'

Interest rates are likely to stay low for years as the economy fights its way back from the coronavirus pandemic, Federal Reserve Chairman Jerome Powell said in remarks published Friday afternoon. "We think that the economy's going to need low interest rates, which support economic activity, for an extended period of time," Powell told NPR […]