The New York Stock Exchange ended in a spread order on Wednesday after a volatile day with the Nasdaq setting a new record high, while the S&P 500 is close to its own. The Fed reaffirmed its intention to continue its long-term support in the evening and...
After celebrating the launch of the U.S. coronavirus vaccine program, Wall Street ended Monday's half-tone session in the face of the epidemic's revival. The 300,000-dead Covid-19 mark was symbolically crossed in the U.S. on Monday, and New York City is contemplating re-shutting itself. Investors are also frustrated...
On Wednesday, job openings on the macro-economic front in the U.S. stood at 6.652 million in October, compared to 6.3 million by consensus. The reading of the previous month has been updated to 6.494 million; the U.S. JOLTS's Department of Labor study reveals. Wholesale inventories for October...
The U.S. indices ended the trading session in positive territory on Tuesday, December 8, after the Food and Drug Administration (FDA) released first scientific evaluation, setting the stage for the government to give a go ahead to the Covid-19 vaccine developed by Pfizer and BioNTech for emergency...
On Thursday December 3, in the hope of progress in negotiations on a new stimulus package, the key U.S indices showed positive dynamics. Safe haven assets also came up with positive traits on the day with gold and US Treasury bonds added more to their values.
So since Monday, it has been official. Janet Yellen, the former chair of the U.S. Federal Reserve, has been appointed Treasury Secretary by Joe Biden. She will take over from Steven Mnuchin when the new White House administration assumes office on January 20.
The...
This month, markets have benefited from many comfort factors, beginning with the positive outcomes of many coronavirus vaccine trials, but also the approval by Donald Trump of the presidential transition, or the insistent reports of former Fed boss Janet Yellen as head of Joe Biden's Treasury Department....
Chico's FAS Inc. (CHS) declined by -10 percent on Tuesday. The apparel retailer posted solid third quarter sales growth of 14.8 percent compared to the previous quarter, and an expanding gross margin of 740 basis points. The year-on-year digital growth was 67 percent.
Best...
The U.S. manufacturer of augmented reality glasses, Vuzix Corporation (NASDAQ: VUZI) concluded the week losing 2.51 percent to settle at $3.88, but the stock was up 3.19 percent over the past 5 sessions.
Over the past few years, Vuzix has successfully sold its augmented...
On Thursday,
19 November, the major U.S. indices ended trading in positive territory due to
higher prices of high-tech stocks, which, due to the rapid spread of COVID-19,
increased expectations of tightening of quarantine measures in several states
of the country. The average number of new cases has risen to 162,800...