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Stocks Hold a Key Level Again as the Economy Reopens

Stocks Hold a Key Level Again as the Economy Reopens

Stocks fell last week but held a key level. Attention will now focus on the economy reopening for Memorial Day. The S&P 500 initially tried to rally, only to fall on bearish comments from Dr. Anthony Fauci and Federal Reserve Chair Jerome Powell. At one point it...

Tech Keeps Beating Estimates as Lockdown Drives Growth: Earnings This Week

Tech Keeps Beating Estimates as Lockdown Drives Growth: Earnings This Week

Technology stocks continue to lead a small group of companies doing well amid the coronavirus lockdown. Cisco Systems (CSCO), Square (SQ), Logitech (LOGI) and Datadog (DDOG) all reported strong quarterly results over the last week. Several are direct beneficiaries of...

New Highs for Stocks as Confidence Rises and Volatility Falls

New Highs for Stocks as Confidence Rises and Volatility Falls

Stocks hit new highs again last week, riding a wave of economic confidence, low interest rates and mild volatility. The S&P 500 rose 1.6 percent between Friday, February 7, and Friday, February 14. Three-quarters of its members advanced, along with every major...

Uber and Pinterest Lead Rally in Newer Tech Stocks: Earnings This Week

Uber and Pinterest Lead Rally in Newer Tech Stocks: Earnings This Week

Smaller and newer technology stocks have rallied on strong earnings in the last week, even as older companies stagger. Uber Technologies (UBER), Shopify (SHOP) and Pinterest (PINS) jumped after announcing their quarterly numbers. Each company beat earnings and revenue...

Stocks Hammered as Trade War Overshadows Rate Cuts

Stocks Hammered as Trade War Overshadows Rate Cuts

Stocks just had their worst week of the year after President Trump renewed his trade war against China. The S&P 500 lost 3.1 percent of its value between Friday, July 26, and Friday, August 2. It was the biggest drop since the week before Christmas and brought the...

Apple Surges as Chips Falter: Earnings This Week

Apple Surges as Chips Falter: Earnings This Week

Investors face a mixed bag of results as we push through the busiest week of earnings season. Here are some key takeaways we'll explore in more detail below: Technology giant Apple (AAPL) is evolving past the iPhone.Reality catches up with chip stocks.Some newer tech...

Stocks Try to Hold as Economy Remains Strong Despite Trade War

Stocks Try to Hold as Economy Remains Strong Despite Trade War

Stocks held their ground last week as a strong economy partially offset worries about the trade war with China. The S&P 500 began on a bearish foot, plunging as much as 2.7 percent on Monday. But it held the key 2,800 level and proceeded to climb the next four...

Sellers Keep Market on Pace for Terrible Quarter

Sellers Keep Market on Pace for Terrible Quarter

Bears continued to hammer stocks last week, keeping the market on pace for its worst quarter since early this decade. The S&P 500 attempted a feeble bounce before rolling over and closing at its lowest level since April. All told, it declined 1.2 percent between...

Bad News Hammered Several Key Stocks Last Week

Bad News Hammered Several Key Stocks Last Week

No, it wasn't a nightmare. There was a lot of bad news on a lot of companies last week. At least five of the 30 members of the Dow Jones Industrial Average dropped amid some kind of bearish headline: Apple (AAPL): Wall Street analysts continued to hammer the...