Category: Trading

May 22, 2020

Deere (DE) – The construction equipment maker reported fiscal second-quarter earnings of $2.11 per share, compared to the consensus estimate of $1.62 a share. Revenue beat estimates as well. Deere said it expects global equipment sales to fall 30% to […]

May 15, 2020

Stocks were well off their lows on Friday and fighting for altitude after data showed U.S. April retail sales plunged more than forecast and on reports the Trump administration will block shipments of semiconductors to China’s Huawei Technologies, stoking fears […]

May 4, 2020

Stock futures rose in early morning trading Tuesday as investors remained focused on the reopening of the U.S. economy. Futures on the Dow Jones Industrial Average climbed 202 points, implying a Tuesday opening gain of around 135 points. S&P 500 […]

May 1, 2020

Exxon Mobil (XOM) – Exxon posted a GAAP loss of 14 cents per share, and a non-GAAP profit of 53 cents per share. The consensus estimate was for a breakeven quarter. The company announced a 30% cut in capital spending […]

April 27, 2020

Stocks rose on Tuesday as investors continued to be optimistic about the prospect of states re-opening the U.S. economy. The Dow Jones Industrial Average traded 245 points higher, or 1%, putting it on pace for its first five-day winning streak […]

April 14, 2020

JPMorgan Chase on Tuesday posted first-quarter profit that was well below analysts’ expectations, although the bank’s revenue held up amid the coronavirus pandemic. The earnings drop was caused by a massive $6.8 billion addition to the bank’s credit reserves. The […]

April 8, 2020

U.S. stocks were rising on Wednesday, a day after the Dow and S&P 500 staged their biggest reversals since the 2008 financial crisis, as investors hoped that the U.S. could roll back containment measures put in place to fight the […]

April 3, 2020

Stocks moved lower Friday morning after the release of the monthly U.S. employment report that showed massive job losses in March, even before the full extent of the economic devastation from the coronavirus pandemic was fully realized. What are major […]

March 30, 2020

Gains for the Dow firmed midday Monday, supported by shares of health-care related companies like Johnson & Johnson and UnitedHealth Group, as investors assessed efforts to slow the spread of the COVID-19 pandemic and cushion the economy against the impact […]

March 24, 2020

The US S&P 500 fell more than 3% in late-morning trading, alongside a similar decline in the Dow Jones Industrial Average. US Treasuries whipped around but by late morning the Fed’s promised buying spree appeared to be having an effect […]