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Could An Amazon Split Foreshadow Dow Jones Industrial Inclusion?
Wednesday, April 28, 2021 - 10:36am | 644Read More...Online retail giant Amazon.com is one of the most talked-about stocks this week with an upcoming earnings report and rumors of a share split announcement. What Happened: Fox Business panelist Charles Gasparino tweeted Monday that, according to traders he has spoken to, an Amazon.com (...
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News Corp To Acquire Investor's Business Daily For $275M
Thursday, March 25, 2021 - 10:35am | 335Read More...News Corp (NASDAQ: NWS) consented to the acquisition of Investor’s Business Daily from O’Neil Capital Management for $275 million. The digital-first financial news and research business would be operated by Dow Jones, a News Corp subsidiary. Investor’s...
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Deja Vu: Markets Get Big Vaccine News Boost To Start The Week
Monday, November 16, 2020 - 9:57am | 419Read More...Stocks are surging higher Monday morning in a case of déjà vu to last Monday. What Happened: Phase 3 results for Moderna Inc’s (NASDAQ: MRNA) COVID-19 vaccine were reported with the results showing a 94% efficacy rate. The mRNA-1273 vaccine from Moderna requires...
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Tech Wreck: Markets Plunge As Apple Sets Market Cap Loss Record
Thursday, September 3, 2020 - 5:00pm | 428Read More...Technology led the market down Thursday, where all three major indices saw big losses and Apple Inc. (NASDAQ: AAPL) set a market cap loss record. What Happened: Apple set a global record by losing $180 billion in market cap. The prior U.S. record was Facebook (NASDAQ: FB), which lost $120...
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Buy The Dip? Experts React To Thursday's Stock Market Plunge
Thursday, June 11, 2020 - 1:30pm | 462Read More...One day doesn't make a trend, but Thursday's trading performance could spell worry for the market. The Dow Jones Industrial Average fell more than 1,000 points and investors are scrambling to figure out if it's a buy the dip opportunity or a reason to exit ahead of more losses. Buy The...
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Leon Cooperman, Others Weigh In On Whether The Stock Market Has Hit Bottom
Saturday, March 28, 2020 - 8:40am | 621Read More...The Dow Jones Industrial Average finished Friday's session down more than 4%. This marks a reversal from a three-day winning streak where major indices gained more than 20% from Monday's close. So has the market reached a bottom during the coronavirus pandemic? Or is there more pain...
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EUR/USD Forecast: Corrective Advance Met Sellers Around A Fibonacci Resistance Level
Monday, March 23, 2020 - 4:19pm | 464Read More...EUR/USD Current Price: 1.0740 The US Federal Reserve announced it would purchase an unlimited amount of Treasuries, loan facilities. Markit will release this Tuesday the preliminary estimates of March PMI. EUR/USD´s corrective advance met sellers around a Fibonacci resistance level....
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2 Dow Stocks Surviving The Coronavirus Carnage
Monday, March 16, 2020 - 3:02pm | 354Read More...The Dow Jones Industrial Average came 400 points of falling to the 20,000 mark Monday, and even after a minor rebound, the index is still down a massive 2,000 points, or more than 9%. Two Dow components were standing out amid the wreckage: Caterpillar Inc. (NYSE: CAT) and Walgreens Boots...
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Nikkei Takes Morning Plunge As Coronavirus Fears Grip Global Investors
Friday, February 28, 2020 - 12:53am | 278Read More...The Nikkei 225 index fell 4.13% to 21,042.10 on Friday morning as coronavirus fears gripped investors. What Happened The fall in the Japanese markets came after Prime Minister Shinzo Abe announced strict measures to contain the Covid-19 epidemic, ordering all schools to be shut until the...
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US Dollar Drops, Gold Rises As CDC Confirms First Case Of Possible Community Spread
Thursday, February 27, 2020 - 8:12am | 386Read More...The United States dollar fell against the Japanese yen on Thursday as investors fear a possible coronavirus (COVID-19) outbreak in the country. What Happened The Center for Disease Control and Prevention said it had identified a coronavirus patient with no travel history to affected areas or...
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Dow Plummets 2K Points In 2 Days: Here's What The Pros Think
Wednesday, February 26, 2020 - 11:30am | 603Read More...The Dow Jones Industrial Average lost nearly 2,000 points throughout Monday and Tuesday's sessions, making stocks $1.7 trillion less valuable compared to last week, according to data compiled by CNBC. Here is a brief summary of what multiple pros are saying amid a coronavirus-induced plunge....
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Asian Markets Stabilize After Monday's Sell-Off, Coronavirus Cases Cross 20K
Tuesday, February 4, 2020 - 5:06am | 557Read More...Chinese stocks led an Asia-wide market recovery on Tuesday, as the paranoia over the markets reopening post the extended lunar holiday seemed to calm down. What Happened The number of confirmed cases of the novel coronavirus rose to 20,438 by the end of Monday, according to state-run Xinhua News...
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China Stocks Plummet, As 17K Coronavirus Cases, First Death Outside The Country Confirmed
Monday, February 3, 2020 - 12:17am | 462Read More...Markets in China tumbled significantly in early trade on Monday (Beijing time) over coronavirus fears. What Happened The markets opened after the Lunar holiday, which was extended due to the novel coronavirus outbreak, after having last traded on January 23. The death toll from the virus...
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Wharton Prof Predicts Dow 30K Within 2 Weeks
Friday, January 17, 2020 - 2:05pm | 374Read More...The Dow Jones Industrial Average could hit the 30,000 milestone by the end of January, but investors may want to put off celebrating due to the absence of any meaningful earnings growth, Wharton Finance Professor Jeremy Siegel said Thursday on CNBC's "Trading Nation." The Dow...
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Europe Stocks, Yuan, Aussie Dollar, US Futures Surge As Global Trade Relations Ease
Friday, January 17, 2020 - 7:07am | 371Read More...Stocks in the European Union surged in early trade on Friday as the EU Trade Commissioner Phil Hogan gave positive reviews of his meetings with the United States counterpart Robert Ligthizer and Secretary of Commerce Wilbur Ross. The U.S. futures too extended gains. What Happened "These...
