The first quarter was a breeze as Powell pivoted, and China seemed eager to reach a deal with Trump. Both the S&P 500 and Russell 2000 delivered very strong gains as a result, with the Russell 2000, which is composed of smaller companies, outperforming the large-cap stocks slightly during the first quarter. Unfortunately sentiment shifted […] …read more […]
German auto maker Audi’s fully-electric e-tron sports utility vehicle was the top-selling car in Norway last month with an 8.3% market share, registration data showed on Friday.
Nasdaq’s Nordic and Baltic stock markets were halted by technical problems for a second time on Friday, only minutes after trading resumed following earlier problems.
Alphabet Inc-owned Google will buy wearable device maker Fitbit Inc for $2.1 billion, as the search giant looks to enter the fast-growing market for fitness trackers and smartwatches.
A show of strength in the labor market is giving traders a bit more confidence that the Federal Reserve will keep borrowing costs where they are for now after it cut interest rates for a third time earlier this week.
Google has announced that it will acquire Fitbit for $2.1 billion …read more […]
Could Hawaiian Holdings, Inc. (NASDAQ:HA) be an attractive dividend share to own for the long haul? Investors are… …read more […]
U.S. job growth slowed less than expected in October as the drag from a strike at General Motors was offset by gains elsewhere, while hiring in the prior two months was stronger than previously estimated, offering assurance that consumers would continue to prop up the slowing economy for a while.
AbbVie Inc posted quarterly sales above estimates on Friday and raised the lower end of its 2019 profit forecast, getting a boost from strong demand for cancer medicine Imbruvica and a lower-than-expected drop in bestseller Humira’s revenue.
Chevron Corp reported a 36% drop in third-quarter profit on Friday as the oil major was hit by lower oil and gas prices due to record shale oil output in North America and a slowing global economy.
U.S. stock index futures extended gains on Friday after data showed domestic job growth slowed less than expected in October, adding to optimism spurred by strong manufacturing data out of China.
U.S. job growth slowed less than expected in October as the drag from a strike at General Motors was offset by gains elsewhere, while hiring in the prior two months was stronger than previously estimated, offering assurance that consumers would continue to prop up the slowing economy for a while.
Oil prices rose on Friday on signs of progress in U.S.-China trade talks and a surprise bounce in Chinese manufacturing activity.
The initial “phase one” trade pact with China appears to be in good shape and is likely to be signed around mid-November, although a finite date is still in question, U.S. Commerce Secretary Wilbur Ross said on Friday.
Exxon Mobil Corp’s third-quarter profit nearly halved, hit by lower oil prices and weaker margins in refining and chemicals, with its three major business reporting lower year-over-year profit.
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