Tag Archives: rally

Futures ticked higher in Wednesday’s after-hours session, with investors looking to earnings and data for impetus to extend a 2-day rally that wiped out losses sustained during the worst trading day of 2021.  During the regular session, stocks rode a 2-day hot streak, calibrating a resurgence of COVID-19 cases against a red-hot economic expansion that continues to gain momentum. In the process, strong earnings have helped the market heal from Monday’s pandemic-inspired meltdown, with… Source link

Stock futures rose in Tuesday evening’s after-hours trading, following a session in which investors momentarily cast aside their fears that a resurgence of COVID-19 cases might derail a red-hot economic recovery.  The week started out with major benchmarks suffering their worst declines of 2021, which took the spotlight from quarterly earnings that have almost uniformly reflected a strong rebound. The rising case count driven by the Delta variant — a more communicable form of COVID-19 —… Source link

(Bloomberg) — U.S. stocks fell, snapping a streak of seven consecutive closing record highs, as a plunge in Treasury yields to the lowest since February weighed on banks and small caps. A gauge of the dollar strengthened and crude oil dropped from a six-year high. The benchmark S&P 500 was led lower by the energy and financial sectors, ending the rally of record closes that was the longest since 1997. Amazon.com pushed the Nasdaq 100 to another all-time high. Ride-hailing firm Didi Global… Source link

Former President Donald Trump took a victory lap during his first rally since departing office, saying of President Joe Biden, “I told you so.” Trump expressed vindication during his Saturday rally in Wellington, Ohio, held to support Max Miller, a Trump-endorsed candidate running a primary challenge to Rep. Anthony Gonzalez, an incumbent Republican who voted in favor of impeaching Trump on the charge of inciting an insurrection. “The media and the Democrats are now admitting that I was right… Source link

By Elizabeth Culliford (Reuters) – Former U.S. President Donald Trump joined video platform Rumble on Saturday, the same day he will take the stage at a campaign-style rally in Ohio, his first such event since the Jan. 6 attack on the U.S. Capitol. Trump lost his social media megaphone earlier this year when he was blocked by a slew of platforms after his supporters stormed the Capitol. He was permanently banned from Twitter and remains suspended by Facebook until at least 2023 and by… Source link

(Bloomberg) — AMC Entertainment Holdings Inc. rose for a second day and Wendy’s Co., the latest addition to the retail-trader frenzy, climbed to a record amid a broader rally in meme stocks. Shares of the theater chain rose as much as 10%, adding to Monday’s 15% gain and continuing what’s been a wild ride for investors. Wendy’s jumped as much as 19% to notch a record as the fast-food restaurant operator gained traction on social media, including several touts on Reddit’s… Source link

Former President Donald Trump implied he would be making another run for president as he prepares for his first major public event since leaving office. “Next time I’m in the White House there will be no more dinners, at his request, with Mark Zuckerberg and his wife. It will be all business!” Trump said in a statement Friday afternoon after Facebook announced that he would remain banned from the platform for at least two more years. Facebook founder and CEO Mark Zuckerberg. (George… Source link

Bitcoin is nursing losses on Friday despite hopes of more inflation-boosting U.S. stimulus to come. On Friday, President Joe Biden is set to release his first full budget, seeking $6 trillion in federal spending for the fiscal year 2022 and $8.2 trillion by 2021, The New York Times reports. The proposal shows the Biden administration remains undeterred by recent inflation fears and is unlikely to close the liquidity tap anytime soon, having already pumped trillions of dollars into the system… Source link

(Bloomberg) — The Elon Musk-propelled rally in Bitcoin just evaporated. The world’s largest cryptocurrency has erased all the gains it clocked up following Tesla Inc.’s Feb. 8 announcement that it would use corporate cash to buy the asset and accept it as a form of payment for its vehicles. Now traders are bracing for more pain as the token hovers around a key technical level. Bitcoin dropped to about $40,300 as of 11:05 a.m. in London Wednesday, a level last seen before the EV-maker… Source link

Yahoo Sports will keep you updated nightly on the NBA playoff race during the last two weeks of the regular season. Check back daily for the latest movement in the standings, what to watch for and teams securing their 2020-21 playoff berths. Saturday’s standings Eastern Conference 1. Philadelphia 76ers (47-21) 2. Brooklyn Nets (44-24, 3 GB) 3. Milwaukee Bucks (43-24, 3.5 GB) 4. New York Knicks (37-30, 9.5 GB) 5. Atlanta Hawks (37-31, 10 GB) 6. Miami Heat (36-31, 10.5 GB) Play-in tournament 7. Boston… Source link