Check out the companies making headlines in midday trading. Nikola — Shares of the electric vehicle company shed more than 3% as the stock continued its slide after the announcement of the end of a garbage truck development deal with Republic Services. The stock lost 10.7% on Wednesday. Wedbush Securities called the announcement “a tough
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U.S. stock index futures were slightly higher in overnight trading on Wednesday, ahead of the final trading day of the holiday-shortened week. Futures on the Dow Jones Industrial Average advanced 48 points. S&P 500 futures rose 0.12%, while Nasdaq 100 futures advanced 0.08%. The S&P 500 finished Wednesday’s session little changed — rising less than
U.S. government debt prices were lower on Wednesday after President Donald Trump suggested he may not sign a long-delayed coronavirus relief package. The yield on the benchmark 10-year Treasury note climbed to 0.921%, while the yield on the 30-year Treasury bond was slightly higher at 1.655%. Bond yields move inversely to prices. Trump on Tuesday poured cold water on
LONDON — European markets opened higher on Wednesday, as investors react to President Donald Trump’s disapproval of a long-delayed U.S. coronavirus stimulus package. The pan-European Stoxx 600 index was up 0.5% during morning deals, with autos stocks climbing 1.6% to lead the gains. Health care stocks bucked the trend to slip around 0.3%. Trump on
U.S. stock futures were flat in overnight trading on Tuesday after the S&P 500 suffered a three-day losing streak. Dow futures rose 6 points. S&P 500 futures and Nasdaq 100 futures gained 0.07% and 0.05%, respectively. On Tuesday, the Dow Jones Industrial Average shed 200 points, despite a 2.9% jump in Apple’s stock. The S&P
Long-time tech investor Paul Meeks expects 2021 to be another winning year for the Nasdaq. But Meeks, who’s known for running the world’s largest tech fund during the late 1990s, warns two popular names that went public this month won’t reap the benefits: Airbnb and DoorDash. “I would short DoorDash here. It’s just crazy overvalued
Employees of the company Goldbecksolar are testing a module in a solar park under construction in a former gravel opencast mine. Jens Buttner | picture alliance | Getty Images During the coronavirus pandemic, the worst public health crisis in a century, some people pointed to what appears to be a tiny silver lining for the
LONDON — European shares are set to open slightly higher Tuesday, attempting to recover from a brutal sell-off in the previous session, as investors sentiment was shaken by a new coronavirus strain in the U.K. Britain’s FTSE 100 is set to open barely above the flatline at 6,420, Germany’s DAX is expected to climb 70
U.S. stock index futures were flat in overnight trading on Thursday, after the major averages closed at new highs. Futures contracts tied to the Dow Jones Industrial Average advanced 5 points. S&P 500 futures were unchanged, while Nasdaq 100 futures slid 0.04%. The major averages were coming off a record-setting session, which saw all three
European markets are set to trade lower on Monday as investors monitor a fast-spreading new variant of the coronavirus strain that has shut down much of the U.K. Britain’s FTSE 100 was seen opening down by 75 points at 6,442, Germany’s DAX off by 190 points at 13,448 and France’s CAC falling 94 points to