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Dow closes 250 points lower for back-to-back losses, reopening plays lead decline

April 20, 2021 by admin

U.S. stocks fell for a second day on Tuesday as strong corporate earnings failed to boost a market already near record highs, while an alarming rise in global Covid cases …

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Dow slips more than 100 points from a record, Nasdaq closes 1% lower

April 19, 2021 by admin

U.S. stocks slipped from record levels to start the week on Monday as weakness in the technology sector weighed on the broader market. The Dow Jones Industrial Average fell 123.04 …

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White House warns Russia will face consequences if Putin critic Alexei Navalny dies in prison

April 18, 2021 by admin

WASHINGTON – White House National Security Advisor Jake Sullivan said Sunday that the Biden administration warned the Russian government to not let jailed Putin critic Alexei Navalny die in custody. …

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Concerns over inflationary pressure on earnings will test stocks in the week ahead

April 16, 2021 by admin

Traders on the floor of the New York Stock Exchange. Source: CNBC Earnings will be the major focus for investors in the week ahead, as they home in on whether …

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Dow climbs 160 points to another record, posts 4th straight week of gains

April 16, 2021 by admin

U.S. stocks rose again on Friday as the market’s rally to records carried on amid strong earnings from blue-chip companies as well as solid data signaling a snapback in the …

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Dow jumps 300 points to top 34,000 for the first time amid blowout economic data

April 15, 2021 by admin

U.S. stocks climbed to record levels on Thursday after key companies reported strong earnings and fresh economic data pointed to a rebound in consumer spending and the jobs market. The …

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Coinbase is unlike any market debut Wall Street has ever seen

April 13, 2021 by admin

Chesnot | Getty Images Coinbase is poised to command an astronomical valuation when the digital currency exchange goes public on Wednesday. But ask 10 market experts how the company should …

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China’s Huawei blames global chip shortage on U.S. sanctions

April 12, 2021 by admin

The U.S. flag and a smartphone with the Huawei and 5G network logo are seen on a PC motherboard in this illustration taken January 29, 2020. Dado Ruvic | Reuters …

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U.S. top diplomat warns Moscow of consequences amid Russian troop buildup near Ukraine

April 11, 2021 by admin

Secretary of State Antony Blinken gives a press briefing at the end of a NATO Foreign Ministers’ meeting at the Alliance’s headquarters in Brussels, Belgium, March 24, 2021. Olivier Hoslet …

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China slaps Alibaba with $2.8 billion fine in anti-monopoly probe

April 10, 2021 by admin

The government said that “choose one” policy and others allowed Alibaba to bolster its position in the market and gain unfair competitive advantages. In addition to the fine, which amounts …

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