Tag: news

Federal Reserve announces extensive new measures to support the economy

Press release by the Fed, March 23, 2020

” The Federal Reserve is committed to using its full range of tools to support households, businesses, and the U.S. economy overall in this challenging time. The coronavirus pandemic is causing tremendous hardship across the United States and around the world. Our nation’s first priority is to care for those afflicted and to limit the further spread of the virus. While great uncertainty remains, it has become clear that our economy will face severe disruptions. Aggressive efforts must be taken across the public and private sectors to limit the losses to jobs and incomes and to promote a swift recovery once the disruptions abate. “

Read more about the new measures to support the economy :

Source: https://www.federalreserve.gov/newsevents/pressreleases/monetary20200323b.htm

Tesla stock may be set for another volatile day today

Tesla stock news

Two very important news about Tesla stock today:

The pre-market trading for the Tesla stock as of 9:02 AM EST time shows the stock is trading at 744.11 -23.18 (-3.02%).

Stock market data: Yahoo Finance

Top investing stories February 11 2020

Investing

Latest top investing stories February 11, 2020:

Source: Money CNN

Fed Chair Powell: US economy is in a very good place

US Economy

Federal Reserve Chairman Jerome Powell said Tuesday that the U.S. economy is in a “very good place,” and shrugged off concerns over a recession and the impact of the coronavirus.

Federal Reserve Chairman Jerome Powell said Tuesday that the U.S. economy is in a “very good place,” and shrugged off concerns over a recession and the impact of the coronavirus.

In testimony to the House Financial Services Committee, Powell said he does not believe markets are at risk of talking themselves into a recession.

“I don’t think so and I certainly hope not,” Powell said. “There’s no reason why the expansion can’t continue. There’s nothing about this expansion that is unstable or unsustainable.”

Powell said the U.S. economy is in a “very good place,” pointing to job creation and moderate growth in a sluggish global growth environment. Despite weak manufacturing numbers, Powell said trade-related uncertainties have “diminished.”

Coronavirus risk not yet “material”

The Fed appears poised to hold rates steady at the current range between 1.5% to 1.75%, insisting that only a “material” change in the outlook would push the Fed to make a move on rates.

Powell said the coronavirus-related impacts on the U.S. economy would have to be “persistent” for the Fed to deem it a material change. 

Source: Yahoo Finance

Stock Market News Live January 14 2020

Stock market news

We are again in the stock earnings period, and stock earnings calendar are set to add volatility in the stock market. Notable earnings today are:

Stock earnings

“At least one beneficiary has emerged from Boeing’s ongoing mess with its flagship plane. Airline giant Delta (DAL) posted fourth quarter profits that beat Wall Street’s estimates — citing an influx of customers that fled rivals because of canceled flights stemming from the 737 MAX’s grounding. The stock surged over 4% in pre-market action from Monday’s close.”

“JPMorgan shares rise after big Q4 earnings beat
Shares of JPMorgan Chase (JPM) jumped more than 1.5% in early trading after the largest U.S. bank by assets reported much stronger than expected fourth-quarter results.

Here were the key figures versus the expectations, according to analysts polled by Bloomberg.

Revenue (adjusted): $29.2 billion vs $27.9 billion expected.

Earnings per share (adjusted): $2.57 vs $2.36 per share expected

CEO Jamie Dimon highlighted a more constructive geopolitical and macroeconomic backdrop as helping buoy the bank to record revenue and net income in the fourth quarter.”

Source: https://finance.yahoo.com/news/stock-market-news-live-updates-january-14-2020-123900913.html

Stock futures today before the open

Stock futures today point to a flat open, as earnings kick off, and can move the stock market, and stocks that miss or beat earnings expectations. We will monitor S&P 500 earnings calendar and earnings reports to watch this week.

Most active stocks today January 13 2020

Stock market

These are the most active stocks today January 13, 2020 as of 1:50 ET time for the US stock market:

1.NIO Limited (NIO), 3.6950 +0.1850 +5.2707%

2. General Electric Company (GE) 12.02 +0.35 +3.04%

3. Ford Motor Company (F) 9.17 -0.08 -0.86%

4. Advanced Micro Devices, Inc. (AMD) 48.47 +0.30 +0.62%

Stocks

All data is from Yahoo Finance.

US stock market update January 13 2020

Stock market

US stock market update. After two hours from the open today this is the latest US stock market update:

S&P 500: 3,279.15,+13.80(+0.42%)
Dow 30: 28,877.34,+53.57(+0.19%)
Nasdaq: 9,231.78,+52.92(+0.58%)
Russell 2000: 1,660.53,+2.88(+0.17%)
Crude Oil: 58.17,-0.87(-1.47%)
Gold: 1,552.70,-7.40(-0.47%)

Source: Yahoo Finance

Stock market news January 13 2020

Stock market news

Latest stock market news. Stock trading, stock investing, business, finance news:

Stocks

” The stock market could have its day of reckoning over the next few days if earnings don’t live up to investors’ optimism.

The US stock market is approaching a do-or-die moment as US companies struggle to live up to investors’ lofty expectations.
The market’s valuations have become stretched, creating near impossible growth expectations for 2020.
This week as earnings season kicks off, investors can get a sense of whether or not the market can keep going.
Warnings about a US stock market crash have been plentiful over the past month as several key events threatened to take down the bull market we’ve all grown to love.

Despite news of escalating tension between the US an Iran and ongoing impeachment proceedings in Washington, stocks have continued to march higher. But this week could offer a day of reckoning to fearless investors who’ve remained committed to their equities positions despite the troubling headlines. ” Source: https://www.ccn.com/preview-us-stock-market-rally-hinges-on-massive-week-ahead/

Stocks making 52-week lows for the week ending on January 10 2020

Stocks making 52-week lows

Stock market news. Stock trading, stock investing. These stocks made a 52-week low on Friday, January 10, 2020. Investing in stocks is risky, so further due diligence is required for these stocks. Here are these stocks making 52-week lows:

1. Sprint Corporation (S), close 4.8800-0.1200 (-2.40%)

2. Spirit AeroSystems Holdings, Inc. (SPR), close 69.70-3.09 (-4.25%)

3. Woori Financial Group Inc. (WF), close, 27.15-0.47 (-1.70%)

4. Qurate Retail, Inc. (QRTEA), close 8.50+0.54 (+6.78%)

5. Cinemark Holdings, Inc. (CNK), close 31.13+0.13 (+0.42%)

6. Six Flags Entertainment Corporation (SIX), close 35.96-7.80 (-17.82%)

7. Virtu Financial, Inc. (VIRT), close 15.22-0.62 (-3.91%)

Source: Yahoo Finance

S daily stock chart | stocks | stock market

Stocks

Just looking at the stock market chart, stock market graph to invest is very risky. Make further research about stocks to invest in, stocks to buy, stock prices, stocks to watch.

US Stock Market News January 10 2020 GIF

Stock market

Stock market GIF, January 10, 2020. Investing, trading, stocks. From investing for beginners to investing in stocks here is a stock market gif for stock market news on Friday, January 10, 2020.

Stock market news January 10 2020
Stock market news January 10 2020