The New York Stock Exchange (NYSE) settled lower on Friday, recording weekly losses, impacted by the rising tensions between the US and China and the increasing number of COVID-19 cases in many states across the US. The Dow Jones Industrial Average lost 182.44 points or 0.7% and closed at 26,469.9, …
Read More »NYSE Ends Thursday in Red
The New York Stock Exchange (NYSE) settled lower on Thursday on the back of losses by tech shares and investors’ sentiment being negatively impacted by the recent unemployment data, with another surge in US jobless claims. The Dow Jones Industrial Average Index closed at 26,652.33, falling by 353.51 points or …
Read More »S&P and Dow Settle Higher while Nasdaq Closes in Red
The New York Stock Exchange (NYSE) closed Tuesday after a mixed performance, as the market was feeling a positive sentiment towards a new economy stimulus package, which is set to be approved by the US Congress. However, concerns remain to cast their shadows as the number of COVID-19 cases remains …
Read More »Wall Street Settle Higher and Nasdaq Breaks New Record
Wall Street saw another record-breaking day on Monday, as all the New York Stock Exchange (NYSE) indices settled higher with the Nasdaq reaching a new all-time high. The Dow Industrial Average Index closed marginally higher by 8.9 points or 0.03% at 26,680.87. S&P 500 increased by 0.84% to settle at …
Read More »NYSE Mixed at Early Trade
The New York Stock Exchange (NYSE) opened Monday’s trading with a mixed performance, with fears regarding the rising number of COVID-19 cases in the United States continuing to impact the market. The Dow Jones Industrial Average is currently down by 0.25%, while the S&P 500 is up by 0.27%. Meanwhile, …
Read More »NYSE Ends Week in Gains
The New York Stock Exchange (NYSE) saw a mixed performance on Friday, but recorded weekly gains despite the investors’ concerns as the number of COVID-19 cases across the US keep increasing. The Dow Jones Industrial Average settled lower for the second session in a row by 0.23%, narrowing its weekly …
Read More »Wall Street Closes Higher on COVID-19 Near Vaccine
The New York Stock Exchange (NYSE) closed higher on Wednesday, supported by positive news about the development of a vaccine for the coronavirus disease (COVID-19). In addition, the US Federal Reserve’s Beige Book showed that economic activity increased in almost all districts across the United States. The Dow Jones Industrial …
Read More »Moderna Edges Closer to Developing COVID-19 Vaccine
The stock of Moderna surged by as much as 18% on Wednesday as the company announced positive results for a coronavirus disease (COVID-19) vaccine that it is developing and is currently under clinical trials. In phase one of the clinical trials, there were positive immune responses in all 45 cases …
Read More »Apple No Longer Has to Pay EUR 15 B to EU
The European Union’s (EU) General Court has ruled in favor of Apple Inc. in an appeal against the European Commission’s decision in 2016 to impose a fine of EUR 13 billion ($14.9 billion) due to tax evasion, CNBC reported. The decision was based on the premise that the government of …
Read More »Dow Rises for Third Day in Row
The New York Stock Exchange (NYSE) indices surged on Tuesday, with the Nasdaq recording its third consecutive daily rise, while the Dow and S&P 500 recovered their losses on Monday. The Dow Jones Industrial Average added 2.13% or 556.8 points to settle at 26,642.59. Meanwhile, S&P 500 and the Nasdaq …
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