Travel stocks head into the new week on two different tracks. Cruise line stocks ended last week under pressure after a White House meeting with cruise CEOs was postponed following President Donald Trump’s positive Covid test. Airline stocks ended higher after...
1. Dow set to fall as U.S. coronavirus cases surge With the S&P 500 soaring more than 21% for the second quarter with five trading days to go, Wall Street strategists are handicapping the likelihood that institutional and other investors will sell some of their...
A sign is posted in front of a Hertz car sales and rental car office on August 8, 2017 in South San Francisco, California. Getty Images Hertz Global Holdings warned potential buyers in its common stock offering that it’s almost certain that the equity will...
CNBC’s Jim Cramer said Wednesday that he thought some stocks were rallying too far too quickly given the high level of unemployment in the United States as the economy tries to pull out of the coronavirus slowdown. “It’s too ‘happy days are...
1. Dow to surge on coronavirus vaccine hopes Dow futures were pointing to a 500-point gain at Tuesday’s open to begin the holiday-shortened trading week as investors bet on the economy reopening and a coronavirus vaccine breakthrough. Shares of Novavax were...
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