Kevin’s Week in Tech: Pity the Tech B-List

Wall Street Week Ahead: Supercharged Telecom Sector Could Become Investor Favorite

SAN FRANCISCO — An overhauled telecommunications sector that includes a lot of the so-called FANG shares might debut as Wall Street’s hottest wager when it kicks off in September, boosted by a rising wave of media and tv acquisitions. Long considered as stodgy shares for dividend-oriented buyers, the telecom providers sector will likely be renamed […]

Kevin’s Week in Tech: Pity the Tech B-List

Tesla Drives Fourth Day of Gains for Nasdaq, Banks Up

Wall Street’s tech-heavy Nasdaq index was on monitor for its fourth straight day of good points on Wednesday, hitting a report excessive, whereas the S&P 500 and the Dow additionally inched larger. Source link

Kevin’s Week in Tech: Pity the Tech B-List

Nasdaq Ends at Record Close, S&P Edges Higher on Data

The Cboe Volatility Index, probably the most broadly adopted barometer of anticipated near-term volatility for the S&P 500, closed down zero.34 level at 12.four, its lowest shut since Jan. 26.The monetary sector was the S&P’s largest drag with a zero.four % decline. Bank of America and Citibank fell round zero.9 %. Banks typically commerce in […]

California Today: How Does a Republican Win an Election Here?

Stocks Jump as US and China Announce Progress in Trade Talks

NEW YORK — Stocks are solidly increased Monday after the U.S. and China appeared to make main progress in commerce talks. The Chinese authorities says it’s going to purchase extra items and providers and Treasury Secretary Steven Mnuchin says the U.S. postponed tariffs on as much as $150 billion in items from China after the […]

California Today: How Does a Republican Win an Election Here?

Amazon, Microsoft Boost Nasdaq; Exxon Drags on S&P

Amazon and Microsoft pushed the Nasdaq increased on Friday, however weak reviews from Exxon and different power firms capped positive factors on the S&P 500 and the Dow Jones Industrial index. Source link

California Today: How Does a Republican Win an Election Here?

Wall Street Jumps as Tech Roars Back, Yields Retreat

Despite robust outcomes from most U.S. companies which have reported to date, traders have been reacting to indicators that rising inflation might take a toll on company earnings. The 10-year U.S. Treasury yield, the benchmark for world borrowing prices, pulled again from the three % stage it hit on Tuesday for the primary time in […]

California Today: How Does a Republican Win an Election Here?

Caterpillar Forecast Sends Stocks Plunging; Dow Down 500

3M, which makes Post-it notes and industrial coatings and ceramics, shed eight.6 % to $197.35 after reducing its annual forecast. 3M stated uncooked supplies prices are rising, particularly for supplies derived from crude oil, whose worth has been rising, and transportation and logistics bills are rising as properly. Chemical firms and different supplies makers might […]

Worker Dies After Fall in Manhattan Subway Tunnel

Wall Street Edges Lower as Tech Stocks, Bond Yields Weigh

Wall Street fell into unfavorable territory on Monday as indicators of sentimental smartphone demand took a toll on tech shares and an increase in bond yields dented demand for equities, offsetting optimism on earnings. Source link

Worker Dies After Fall in Manhattan Subway Tunnel

Apple, Philip Morris, Chip Stocks Lead Wall Street Slide

Philip Morris was the largest drag on the S&P and in addition dragged rival Altria down 7.eight p.c. Also weighing was Procter & Gamble, which dropped 2.5 p.c after the Dow part stated shrinking retailer inventories and better commodities and transportation prices squeezed its margins. At 11:23 a.m. EDT the Dow Jones Industrial Average was […]

Worker Dies After Fall in Manhattan Subway Tunnel

Stocks End Modestly Higher as Earnings Come In; Oil Surges

Investors continued to sift by company earnings studies. Financial analysts are forecasting the strongest progress in seven years for S&P 500 firms, partly due to a resurgent world economic system, but in addition due to expectations that final 12 months’s company tax minimize can have on company steadiness sheets. Roughly 10 p.c of the businesses […]