Category: Market News
Read Next Barron’s: GameStop, Salesforce, Netflix, Alphabet, Nvidia, and Other Stocks to Watch This Week The stock market is closed on Monday for Memorial Day. Then, GameStop, Salesforce, Chewy, Lululemon, and more earnings. Plus, May jobs data, PMIs, and consumer confidence. Source: Marketwatch
AmerisourceBergen Corp. ABC, -1.32% said Wednesday that it set a new $1 billion stock repurchase program. That represents 3.1% of the pharmaceutical and health care products company’s market capitalization of $32.42 billion at Tuesday’s stock closing price. As of May 31, the company said it had $321 million remaining from the buyback program it set […]
U.S. stocks were down soon after the opening bell Tuesday morning, with the Dow Jones Industrial Average leading the decline after Memorial Day weekend. The Dow Jones Industrial Average was down 408 points, or 1.2%, at around 32,805 DJIA, -0.67%, while the S&P 500 SPX, -0.63% fell around 1% and Nasdaq Composite COMP, -0.41% dipped […]
President Joe Biden on Tuesday pledged to meet with U.S. lawmakers on gun-control issues, as members of Congress were pushing new legislation after two recent mass shootings. “I will meet with the Congress on guns, I promise you,” Biden said in the Oval Office as he met with New Zealand Prime Minister Jacinda Ardern. On […]
Shares of Amazon.com Inc. AMZN, +4.40% charged 5.7% higher to $2,435.01 in afternoon trading, to put them on track for a fourth-straight gain. The ecommerce and cloud behemoth’s stock has soared 17.0% in the four days since it closed at $2,082.00 on May 24, which was the lowest close since April 9, 2020. That would […]
Stocks ended lower Tuesday, capping a volatile May that saw the S&P 500 flirt with a bear market but end the month virtually unchanged. The Dow Jones Industrial Average DJIA, -0.67% fell around 221 points, or 0.7%, to close near 32,992, while the S&P 500 SPX, -0.63% shed 26 points, or 0.6%, to finish near […]
Read Next Amazon stock surges toward best 4-day performance in 2 years after stock split approved Shares of Amazon.com Inc. undefined charged 5.7% higher to $2,435.01 in afternoon trading, to put them on track for a fourth-straight gain. The ecommerce and cloud behemoth’s stock has soared 17.0% in the four days since it closed at […]
Financial-market participants are focusing their attention on where Federal Reserve policy makers are most likely to take their main policy rate in September, with hopes slipping that they could back off of half-point increases after delivering similar-size hikes in June and July. Remarks by Fed Gov. Christopher Waller, who said on Monday that he supports […]
Shares of Eli Lilly & Co. LLY, -2.88% fell 4.0% in afternoon trading Tuesday, to pullback from the previous session’s record close, after the drug maker disclosed that its largest shareholder sold nearly $64 million worth of its shares. In a Form 4 filing with the Securities and Exchange Commission, the company said Lilly Endowment […]
Shares of Spirit Airlines Inc. SAVE, +2.12% rallied 2.4% in midday trading while JetBlue Airways Corp. JBLU, -0.42% was little changed, after after independent proxy advisor Institutional Shareholder Services (ISS) recommended Spirit shareholders reject the buyout deal with Frontier Group Holdings Inc. ULCC, +1.82%. Meanwhile, Frontier shares climbed 2.2%. The ISS recommendation comes after Spirit […]