Posts

Showing posts with the label midday report

Market Insider I CNBC I Stocks making the biggest moves midday: Micron, Nvidia, Boeing & more

Image
Fred Imbert 3 minutes Kai Pfaffenbach | Reuters Check out the companies making headlines midday Tuesday: Micron Technology , Nvidia — Chipmakers surged after President Donald Trump tweeted he and Chinese President Xi Jinping would have an “ extended meeting ” at the G-20 summit next week. The tweet boosted hopes that the U.S. and China will reach a trade deal in the near future. Micron and Nvidia were each up more than 5%. Pinterest — Pinterest shares rose 2.5% after Wedbush initiated coverage of the social media company with an outperform rating. Wedbush said it sees Pinterest as “fundamentally different” from other social media platforms because its users more frequently purchase products and services based on their posts on the platform. Boeing — Boeing shares climbed 4.2% after recording its first orders from the Paris Air Show. International Airlines Group signed a letter of intent to purchase 200 Boeing 737 Max pla

Midday Report I MarketWatch I Trump’s trade war has cost the market trillions; we’ll get half back, says JPMorgan

Image
Barbara Kollmeyer 11-14 minutes It has been a fine summer roller coaster so far. After a May equity selloff, investors should be enjoying the June bounce. But that’s as we navigate trade headlines, i.e. President Donald Trump’s tweets or what’s in his head that day, and remain on the lookout for signs the Federal Reserve will cave on interest rate cuts. Frankly, things could be a lot duller for June, especially if you toss in fresh Middle East tensions that cropped up Thursday. However, all that excitement isn’t for everyone, and it takes courage to ride out a su

Midday Report: Stocks inch higher as Microsoft results overshadow ongoing trade uncertainty

marketwatch.com Stocks inch higher as Microsoft results overshadow ongoing trade uncertainty Carla Mozee, Ryan Vlastelica U.S. stocks rose slightly on Friday, with technology stocks leading the day’s advance following strong results from Microsoft, one of the industry’s most closely watched bellwethers. Major indexes inches higher throughout the session, erasing an early decline that came as new questions surrounding government policy on both trade and the dollar cooled buying appetite. What are the main benchmarks doing? The Dow Jones Industrial Average

U.S. oil futures are plunging and threatening to knife below a key line in the sand - May 25, 2018. Oil Futures | Midday Report | MarketWatch.

Image
marketwatch.com U.S. oil futures are plunging and threatening to knife below a key line in the sand Mark DeCambre Crude-oil prices plunged Friday midday, putting the commodity on the brink of sliding below a closely followed trend line, with oil futures taking a beating on news that the Organization of the Petroleum Exporting Countries and Russia are considering lifting production caps. Most recently, June oil futures CLN8, -4.41% were recently down 4.3% at $67.67 a barrel, just above its 50-day moving average at $67.54, a

After tax cuts, more banks are profitable than at any time in the past two decades: Midday Report | MarketWatch.

Image
                                             Midday Report                              May 22, 2018 marketwatch.com After tax cuts, more banks are profitable than at any time in the past two decades Andrea Riquier 5-6 minutes Banks got a big boost to their bottom lines from the tax changes passed late last year, according to a report out Tuesday. Net income increased 27.5% in the first quarter of 2018 compared to last year, the Federal Deposit Insurance Corp. said in its quarterly update on the state of the industry. Aggregate net income for the ind