Dow tops 27,000 for first time on health care stock gains, rate cut hopes
Investor sentiment was also buoyed by optimism that the Federal Reserve will cut interest rates at their July 31 meeting.
Movers & Shakers: July 11, 2019
Stories moving the markets and shaking up the world.
Movers & Shakers: July 10, 2019
Stories moving the markets and shaking up the world.
Boeing deliveries slip as Max fleet remains idled
The Chicago-based manufacturer shipped no new Max jets as the fleet remains idled after two recent crashes.
Movers & Shakers: July 9, 2019
Stories moving the markets and shaking up the world.
Trump 'favored-nation' drug pricing order could hammer profits
The move could force drugmakers to offer treatments in the U.S. at the lowest cost offered elsewhere in the world.
Delta Air Lines flies record number of passengers in June, boosts profit guidance
The Atlanta-based carrier flew nearly 698,000 people on June 21st, a single-day record.
New fuel to Trump-Powell feud? US economist Art Laffer says Fed ‘should not be independent’
Chairman Powell's decision to raise interest rates in December outraged Trump.
Kohl’s Amazon deal is single ‘biggest initiative of the year,’ CEO says
As Kohl’s shares dropped on Tuesday, the retail store’s CEO, Michelle Gass said she was betting that Amazon could help reverse the chain’s recent troubles.
Tesla stock drops amid concerns over Model 3 demand, Musk's cost-cutting efforts
Stocks of Tesla were down Monday afternoon following concerns over the demand for the Model 3 vehicle in the United States.
Trump’s tariffs: Where we are, where we're going
Trump's threat of higher tariffs would escalate the trade war with China to a significant degree.
FAA safety panel certifies training for Boeing Max software update as investors call for board revamp
A top shareholder adviser recommended Boeing investors support a new, independent board chair.
Dow Jones up for 9th straight week on US-China trade optimism
The Dow Jones Industrial Average topped 26,000 for the first time since Nov. 8.
Fed’s tendency to tighten monetary policy over next 6 months won’t happen: Gartman
Contrary to popular belief, the Federal Reserve pays close attention to the stock market, according Dennis Gartman.
US stocks plunge on weak tech company earnings
The S&P 500 briefly dipped into correction territory.
Dow surges more than 500 points on positive earnings
Stocks rebounded
Amazon, Facebook pummeled as tech stocks record worst day in 7 years
The market suffered a broad selloff Wednesday.
Dow tumbles more than 800 points as Treasury yields tick higher
U.S. stocks get slammed, led by large tech.
Smith & Wesson loses out to nuns, religious groups on gun safety plan
Fellow firearm maker Sturm Ruger faced a similar fate during a shareholder vote earlier this year.
Stocks edge lower as investors await Fed decision
Traders also examined reports on home prices and consumer confidence.