News

Dec 28
Coronavirus tally: U.S. counts more than 500,000 new COVID cases in a day, lifting the daily average to a near 1-year high

The global tally for COVID-19 rose to 281.5 million as of Tuesday morning and the death toll climbed to 5.41 million, according to data aggregated by Johns Hopkins University. The U.S. leads the world with a total COVID-19 case count of 52.8 million and death toll of 818,371. On Monday, there were 543,415 new cases […]

Dec 28
S&P 500 books 69th closing high of 2021 as stocks mark start of potential 'Santa Claus rally'

U.S. stock benchmarks ended higher Monday, with the S&P 500 index closing at a fresh peak, as investors resumed trading after the Christmas holiday and kicked off the beginning of a potential Santa Claus rally. The S&P 500 SPX, +0.07% and Nasdaq Composite COMP, -0.34% each rose about 1.4% while the Dow Jones Industrial Average […]

Dec 28
Chip stocks see broad rally, as AMD's stock leads the 'SOX' into record territory

The semiconductor sector was enjoying a broad and healthy rally in afternoon trading Monday, enough to propel the PHLX Semiconductor Index SOX, -1.17% into record territory. The chip sector index, known as the “SOX,” ran up 2.7% with all 30 components gaining ground. The SOX has now run up 8.2% amid a four-session win streak, […]

Dec 28
Oil futures shake off early losses to end sharply higher Monday

Crude-oil futures reversed course to end sharply higher Monday, climbing in a session in which investors appeared willing to buy assets considered risky, despite concerns about the spread of the omicron variant of the coronavirus that causes COVID-19. West Texas Intermediate crude for February delivery CLG22, +0.74% CL00, +0.74% traded $1.78, or 2.4%, higher, to […]

Dec 28
Apple's stock rallies toward 24th record close of the year

Shares of Apple Inc. AAPL, -0.20% bulled up 2.0% into record territory in afternoon trading Monday, enough to pace the Dow Jones Industrial Average’s DJIA, +0.43% gainers. The technology behemoth’s stock has now run up 5.9% amid a four-day win streak, and was currently headed for a close above the Dec. 10 record of $179.45. […]

Dec 28
FCA turns to science and music to protect public from loan fee fraud this Christmas

The FCA has launched the UK’s first official anti-fraud jingle in a bid to protect consumers against loan fee fraud over the Christmas period. Last year the FCA received 32% more loan fee fraud calls per month across the festive period than the rest of the year, with 1 in 20 calls between November and […]