Dow flips positive, follows Nasdaq’s more than 2% surge in afternoon trade as Wall Street awaits earnings crush

2020-07-20

  Major U.S. stock indexes traded higher Monday afternoon, as investors look forward to quarterly results from corporations over the coming days. Investors also focused on positive developments from coronavirus vaccine candidates. How are benchmarks performing? The Dow Jones Industrial Average US:DJIA rose 22 points, or 0.1%, to 26,694, reversingRead More →

It’s like the Wild West with ‘get-rich-quick crowd’ vs. Wall Street pros, but it’s too easy to blame retail investors for ‘rampant speculation’

2020-06-13

Tales of out-of-work 20- and 30-somethings using coronavirus stimulus checks to scoop up stocks on Wall Street with reckless abandon are coming fast and furious, but the reasons behind the recent fervor for investing is, perhaps, far simpler. MarketWatch has written a bit about the rising influence of retail investorsRead More →

Wall Street gains on Boeing, recovery hopes By Reuters

2020-06-03

© Reuters. The spread of the coronavirus disease (COVID-19) in New York By Shreyashi Sanyal and Devik Jain (Reuters) – A jump in Boeing shares lifted Wall Street on Wednesday, with investors remaining optimistic about an economic rebound from a coronavirus-led slump amid continuing social unrest in the country. BoeingRead More →

FAANG’s Fall, but Get Some Wall Street Love By Investing.com

2020-01-27

© Reuters. By Kim Khan Investing.com – The FAANG stocks were predictably struggling Monday as money flew out from risk assets. The tech stalwarts are enjoying high valuations and earnings are coming, with Apple (NASDAQ:), Amazon (NASDAQ:) and Facebook (NASDAQ:) issuing numbers this week and Google parent Alphabet (NASDAQ:) upRead More →