Stock Market

Pedestrians pass in front of a Nordstrom Inc. store in the Midtown neighborhood of New York, on March 20, 2020. Gabby Jones | Bloomberg | Getty Images Check out the companies making headlines in midday trading.  Nordstrom – Shares of the retailer surged more than 12%, making it the top-performing stock in the S&P 500,

Another positive vaccine development and progress with economic reopenings pushed the S&P 500 into an important new zone Tuesday that could be a bullish sign for the market longer term. The S&P 500 actually crossed two key milestones when it opened above the psychological level of 3,000 for the first time since early March. But more

A shopper shops in a Ross store in Lewiston, Idaho. Francis Dean | Corbis | Getty Images Check out the companies making headlines after the bell. HP Enterprise — The information technology company’s stock dropped 5% in extended trading after the company reported second-quarter earnings. HP Enterprise said it had earnings of 22 cents per

Take a look at some of the biggest movers in the premarket: Deere (DE) – The construction equipment maker reported fiscal second-quarter earnings of $2.11 per share, compared to the consensus estimate of $1.62 a share. Revenue beat estimates as well. Deere said it expects global equipment sales to fall 30% to 40% this year

The bronze statue “Fearless Girl” on Wall Street wears a respirator mask. Benno Schwinghammer | Picture Alliance | Getty Images Stocks are likely to hang on every medical development and the progress of state reopenings, but there will also be some key economic data in the coming week that should provide a glimpse into the

The rising tensions between Washington and Beijing could become a more persistent headwind for markets, as the issue of China becomes a larger focus in the U.S. presidential election. So far, the war of words between the countries over blame for the coronavirus, the U.S. crackdown on Huawei and now Chinese companies listing on American

A long line to receive free food from a food pantry run by the Council of Peoples Organization on May 15, 2020 in the Midwood neighborhood of Brooklyn, New York. Andrew Lichtenstein | Corbis | Getty Images State reopenings have not yet helped stem the rise in unemployment, which is expected to show another big

An employee of the Internet company Facebook walks through the courtyard of the company campus in Menlo Park, California. Christoph Dernbach | picture alliance | Getty Images Check out the companies making headlines in midday trading.  Analog Devices — Shares of the semiconductor stock rose more than 8% following its earnings that beat Wall Street’s expectations.

A shopper prepares to pay for items at a Kohl’s department store in Peru, Illinois, May 16, 2019. Daniel Acker | Bloomberg | Getty Images Check out the companies making headlines in midday trading. Moderna — Shares of the biotech company fell by more than 5% on Tuesday after Moderna announced a secondary stock offering that would

Scientist Xinhua Yan works in the lab at Moderna in Cambridge, Massachusetts, on Feb. 28, 2020. Moderna has developed the first experimental coronavirus medicine, but an approved treatment is more than a year away. David L. Ryan | Boston Globe | Getty Images Check out the companies making headlines midday Monday: Moderna — Moderna soared

Take a look at some of the biggest movers in the premarket: Qualcomm (QCOM), Cisco (CSCO), Apple (AAPL), Boeing (BA) – Reports out of China suggest that retaliation against these and other U.S. companies could come if the U.S. goes ahead with plans announced this morning to block chip shipments to China’s Huawei. JD.com (JD)

A view of the charging Bull with a woman in New York City USA during coronavirus pandemic on April 25, 2020. John Nacion | NurPhoto | Getty Images Coming off a volatile week, analysts expect stocks to continue navigating choppy trading as investors try to build a view of what the economy will look like

A shopper wears a protective mask while browsing through the Island Cotton Company store as the state of Florida enters phase one of the plan to reopen the state on May 4, 2020 in Stuart, Florida. Joe Raedle | Getty Images A shocking 16.4% plunge in April retail sales signals an even bleaker outlook for

A worker wearing a protective face mask operates a forklift to move boxes of face shields ready for shipment at the Cartamundi-owned Hasbro manufacturing facility in East Longmeadow, Massachusetts, U.S., on Wednesday, April 29, 2020. Adam Glanzman | Bloomberg | Getty Images Jobless claims were up by another 2.98 million last week, but within the

Take a look at some of the biggest movers in the premarket: CyberArk Software (CYBR) – The cybersecurity company reported quarterly profit of 50 cents per share, beating the consensus estimate of 36 cents a share. Revenue also beat forecasts. CyberArk said that due to the pandemic, it expected customers to make “more cautious” purchasing

Jin Lee | Bloomberg | Getty Images Check out the companies making headlines in midday trading.  GrubHub, Uber — Grubhub shares soared more than 27% on news that ride-hailing company Uber has approached the company with a takeover bid. Uber’s offer comes months after other outlets reported that food-delivery service Grubhub had hired advisors to explore strategic

The Marriott hotel in Times Square is barricaded as much of the city is void of cars and pedestrians over fears of spreading the coronavirus on March 22, 2020 in New York City. Spencer Platt | Getty Images Check out the companies making headlines midday Monday: Marriott International — Shares of the hotel operator fell more

An employee of Carmelina’s in the North End of Boston tapes up paper in the windows of the restaurant, which is temporarily closing during the coronavirus pandemic, on March 25, 2020. David L. Ryan | The Boston Globe via Getty Images There was a glimmer of hope in the dismal April jobs report in that

Lay Guzman stands behind a partial protective plastic screen and wears a mask and gloves as she works as a cashier at the Presidente Supermarket on April 13, 2020 in Miami, Florida. Joe Raedle | Getty Images Investors will watch the economy’s reopening progress, as well as a series of economic reports in the coming

Luis Mora stands in front of the closed offices of the New York State Department of Labor on May 7, 2020 in Brooklyn, New York City. Stephanie Keith | Getty Images The economy lost a record 20.6 million jobs in April, but 78.3% of those worker see their layoffs as temporary. The number of employees

A woman wearing a face mask walks past a sign in front of the US Department of Labor amid the coronavirus pandemic on April 29, 2020, in Washington, DC. Oliver Douliery | AFP | Getty Images The number of workers who continued to collect unemployment benefits rose to a greater-than-expected 22.6 million, reinforcing economists’ estimates

Take a look at some of the biggest movers in the premarket: General Motors (GM) – The automaker reported quarterly profit of 62 cents per share, compared with a consensus estimate of 30 cents a share. Revenue also came in above Wall Street forecasts. GM said results were “heavily impacted” by the economic impact of

A pedestrian wearing a protective mask walks in front of a temporarily closed Starbucks coffee shop in Brooklyn, New York, on Monday, April 27, 2020. Gabby Jones | Bloomberg via Getty Images Check out the companies making headlines midday Tuesday: Starbucks — The coffee chain’s stock rose 2.8% after Starbucks CEO Kevin Johnson said that

Take a look at some of the biggest movers in the premarket: Berkshire Hathaway (BRKB) – Berkshire sold its entire stake in the four largest U.S. airlines – Delta (DAL), American (AAL), United (UAL), and Southwest (LUV). Chairman and CEO Warren Buffett said it could be years before airline passenger levels return to where they

Western Digital hard drives are shown for sale at an Office Depot Inc store in Encinitas, California. Mike Blake | Reuters Check out the companies making headlines after the bell. Amazon — The e-commerce giant’s stock tumbled 5% in extended trading after the company posted its first-quarter financial results. The company reported first-quarter earnings of

Take a look at some of the biggest movers in the premarket: Exxon Mobil (XOM) – Exxon posted a GAAP loss of 14 cents per share, and a non-GAAP profit of 53 cents per share. The consensus estimate was for a breakeven quarter. The company announced a 30% cut in capital spending and will also

Caution tape is seen at a subway train on April 29, 2020 in New York City. Angela Weiss | AFP | Getty Images Squeezed by a lack of ridership, the authority that runs New York City’s subways and buses may go to the Federal Reserve for a loan. The Metropolitan Transportation Authority on Tuesday delayed a

Take a look at some of the biggest movers in the premarket: Twitter (TWTR) – Twitter reported quarterly profit of 11 cents per share, a penny a share above estimates. Revenue and the number of monetizable daily active users beating forecasts as well. Twitter is not giving any guidance for the current quarter or the

Take a look at some of the biggest movers in the premarket: Boeing (BA) – Boeing lost $1.70 per share, larger than the $1.61 per share predicted by Wall Street analysts, with revenue also below estimates. Boeing also announced plans to cut commercial jet production rates as well as reduce payroll. General Electric (GE) –

Take a look at some of the biggest movers in the premarket: 3M (MMM) – 3M reported quarterly earnings of $2.16 per share, beating the consensus estimate of $2.03 a share. The health-care and safety products maker’s revenue also beat forecasts, but the company withdrew its full-year outlook due to virus-related uncertainties. Caterpillar (CAT) –