Tag Archives: rally

(Bloomberg) — U.S. stocks extended their July rally amid a surge in technology shares and on news the White House and Democrats are planning to meet Saturday to discuss the next virus-relief package. Chief of Staff Mark Meadows said the administration is willing to compromise while House Speaker Nancy Pelosi noted Republicans didn’t have the votes to extend the $600 per week unemployment benefit that’s propped up incomes and spending. The Nasdaq 100 outperformed on solid earnings from… Source link

(Bloomberg) — Taiwan’s equity benchmark broke a record that stood for three decades, helped by the biggest surge in years for the economy’s biggest stock. The Taiex closed 2.3% higher Monday as Taiwan Semiconductor Manufacturing Co. soared the 10% daily limit. The $35 billion addition to its market capitalization makes TSMC the 12th most valuable stock worldwide, ahead of U.S. retail giant Walmart Inc. The chip producer for the likes of Apple Inc. wields so much influence over Taiwan’s… Source link

ESPN’s Adrian Wojnarowski has reportedly been suspended without pay by ESPN for saying “f— you” to Missouri Sen. Josh Hawley in an email. Hawley had sent a letter to NBA commissioner Adam Silver, complaining about the social justice messages NBA players are allowed to wear on the back of their jerseys, and Woj was responding to a press release Hawley’s office had sent to him. Woj apologized publicly and to his ESPN colleagues, but it doesn’t appear that’s had an effect on his… Source link