• Privacy & Policy
  • About Us
  • Contact Us
Friday, March 5, 2021
All Top News
No Result
View All Result
  • Home
  • News
  • Business
  • Health
  • Lifestyle
  • Home and Garden
  • Entertainment
No Result
View All Result
  • Home
  • News
  • Business
  • Health
  • Lifestyle
  • Home and Garden
  • Entertainment
No Result
View All Result
All Top News
No Result
View All Result
Home Business

Dow dragged down by Intel, AmEx and Exxon Mobil

admin by admin
October 23, 2020
in Business
0
Dow falls 375 points as Trump cans stimulus talks in Pelosi showdown
0
SHARES
2
VIEWS
Share on FacebookShare on Twitter


President Trump and Joe Biden disagree over how a lot the inventory market impacts People.

Stocks lost steam in Friday buying and selling as a pointy drop in Intel shares created headwinds after the Santa Clara, Calif.-based firm missed expectations. Outcomes have been negatively impacted by weak gross sales in its information middle group.

Ticker Safety Final Change Change %
INTC INTEL CORPORATION 48.03 -5.87 -10.89%
I:DJI DOW JONES AVERAGES 28226.03 -137.63 -0.49%
I:COMP NASDAQ COMPOSITE INDEX 11484.167586 -21.84 -0.19%
SP500 S&P 500 3449.04 -4.45 -0.13%

The Dow Jones Industrial Common and the Nasdaq Composite each declined sharply, falling 0.5% every, whereas the broader S&P 500 fell 0.3%

The drop in chip shares outweighed an increase in healthcare and industrial names, following the ultimate presidential debate earlier than the U.S. election.

President Trump and former Vice President Joe Biden sparred on every thing, starting from the minimal wage, the oil and gasoline trade, the coronavirus pandemic and the right way to support the U.S. economic system struggling amid the worldwide well being disaster.

Ticker Safety Final Change Change %
SP500 S&P 500 3449.02 -4.47 -0.13%
XHE SPDR SERIES TRUST S&P HEALTH CARE EQUIP ETF 102.77 -0.12 -0.11%
XLI INDUSTRIAL SELECT SECTOR SPDR ETF 80.78 -0.06 -0.07%

VACCINE MAKERS 

Vaccine makers obtained a lift after Gilead Sciences’ drug remdesivir grew to become the primary virus therapy authorised by the Meals and Drug Administration to deal with COVID-19.

GILEAD WINS FIRST FDA OK FOR COVID-19 VACCINE

Ticker Safety Final Change Change %
GILD GILEAD SCIENCES INC. 61.05 +0.39 +0.63%

This adopted Trump’s debate remarks saying a vaccine may very well be out there in “weeks” whereas naming contenders together with J&J, Pfizer and Moderna.

Ticker Safety Final Change Change %
JNJ JOHNSON & JOHNSON 144.68 -0.45 -0.31%
PFE PFIZER INC. 37.77 +0.32 +0.84%
MRNA MODERNA INC. 70.47 -0.37 -0.52%

STOCKS RALLY ON STIMULUS CROSSTALK, SOLID JOBS AND HOUSING DATA

Vitality shares, together with oil and photo voltaic, are on investor’s radars after Biden stated he would push transitioning away from large oil.

Ticker Safety Final Change Change %
XOM EXXON MOBIL CORPORATION 34.04 -0.84 -2.41%
CVX CHEVRON CORP. 72.12 -1.26 -1.72%
FSLR FIRST SOLAR INC. 85.58 +2.93 +3.55%
SEDG SOLAREDGE TECHNOLOGIES 283.05 +2.66 +0.95%

STIMULUS TALKS STILL ONGOING

On the stimulus entrance, either side stated that talks will proceed. Nevertheless, White Home financial adviser Larry Kudlow reiterated to FOX Enterprise that “important coverage variations” stay on Friday. Individually, House Speaker Nancy Pelosi instructed reporters, “We’re nearly there” 24 hours in the past.

Regardless of the feedback from lawmakers, COVID-19 instances proceed to rise, with the U.S. passing 60,000 confirmed instances for a second straight day. Greater than 8.4 million People have contracted the virus, leading to over 223,000 deaths, based on the most recent information from Johns Hopkins College.

EARNINGS WRAP BUSY WEEK 

In different inventory information, shares of Dow member American Categorical have been decrease after the bank card and funds big reported blended third-quarter outcomes, as income beat expectations, however revenue fell mild.

Illinois Device Works shares have been up after the corporate reported better-than-expected quarterly outcomes.

Ticker Safety Final Change Change %
AXP AMERICAN EXPRESS COMPANY 101.04 -3.79 -3.62%
ITW ILLINOIS TOOL 203.77 +2.08 +1.03%

Southwest Airways stated on Thursday that it’ll begin promoting the center seats once more on its flights beginning Dec. 1. That leaves Delta Airways Inc. as the one remaining massive airline to not promote center seats amid worries in regards to the pandemic.

Ticker Safety Final Change Change %
LUV SOUTHWEST AIRLINES CO. 42.89 +0.97 +2.33%
DAL DELTA AIR LINES INC. 33.59 -0.15 -0.44%

Uber and Lyft have been within the highlight after the businesses have been instructed by a California courtroom to reclassify unbiased drivers as staff, a transfer they’ve fought for a while.

Ticker Safety Final Change Change %
UBER UBER TECHNOLOGIES INC. 36.73 +0.02 +0.07%
LYFT LYFT INC. 25.95 +0.37 +1.45%

CLICK HERE TO READ MORE STORIES ON FOX BUSINESS

West Texas Intermediate crude oil moved up barely to $40.77 a barrel, whereas gold rose to $1,911.70 an oz..

European indices additionally rose on Friday, with the Stoxx Europe 600 climbing 0.7%. The German DAX, French CAC 40 and U.Okay. FTSE 100 additionally climbed on Friday, all gaining a minimum of 0.8%.

GET FOX BUSINESS ON THE GO BY CLICKING HERE 



Source link

Tags: AmexDowdraggedExxonintelMobil
Previous Post

Local first responders receive mental health support

Next Post

Baidu and WIMI’s layout in Hologram AR Business

admin

admin

Next Post
Baidu and WIMI’s layout in Hologram AR Business

Baidu and WIMI's layout in Hologram AR Business

  • Trending
  • Comments
  • Latest
Large Fire Destroys Rochester Printing Business

Large Fire Destroys Rochester Printing Business

December 25, 2020
Dolly Parton Teams With Tabletops Unlimited For New Lifestyle Collection :

Dolly Parton Teams With Tabletops Unlimited For New Lifestyle Collection :

October 13, 2020
DC asks businesses to take down plywood used to board up

DC asks businesses to take down plywood used to board up

November 9, 2020
Curacao Covid19 Cases

Are the People of Curacao Immune to Covid19?

October 12, 2020
The latest on the coronavirus pandemic: Live updates – CNN

The latest on the coronavirus pandemic: Live updates – CNN

0
D.C. Collier: Should Prayer be ‘Optional’ in Your Life? | Homes & Lifestyle

D.C. Collier: Should Prayer be ‘Optional’ in Your Life? | Homes & Lifestyle

0
Home Entertainment: ‘Summerland’ Digital Review

Home Entertainment: ‘Summerland’ Digital Review

0
Wisconsin loosens restrictions for health care workers as COVID-19 continues to rise

Wisconsin loosens restrictions for health care workers as COVID-19 continues to rise

0
(G)I-DLE set to release second mini album ‘I Made’ this month! ⋆ The latest kpop news and music

(G)I-DLE set to release second mini album ‘I Made’ this month! ⋆ The latest kpop news and music

February 27, 2021
Grim Dawn Patch Update Introduces New Shattered Realm Content, New Legendary Sets

Grim Dawn Patch Update Introduces New Shattered Realm Content, New Legendary Sets

February 27, 2021
‘Dancing With The Stars’ Recap: Did The Right Couple Go Home?

‘Dancing With The Stars’ Recap: Did The Right Couple Go Home?

February 18, 2021
Full List of Emmy Award Nominees – Deadline

Full List of Emmy Award Nominees – Deadline

February 18, 2021

Recent News

(G)I-DLE set to release second mini album ‘I Made’ this month! ⋆ The latest kpop news and music

(G)I-DLE set to release second mini album ‘I Made’ this month! ⋆ The latest kpop news and music

February 27, 2021
Grim Dawn Patch Update Introduces New Shattered Realm Content, New Legendary Sets

Grim Dawn Patch Update Introduces New Shattered Realm Content, New Legendary Sets

February 27, 2021
‘Dancing With The Stars’ Recap: Did The Right Couple Go Home?

‘Dancing With The Stars’ Recap: Did The Right Couple Go Home?

February 18, 2021
Full List of Emmy Award Nominees – Deadline

Full List of Emmy Award Nominees – Deadline

February 18, 2021

Follow Us

Recent Posts

  • (G)I-DLE set to release second mini album ‘I Made’ this month! ⋆ The latest kpop news and music
  • Grim Dawn Patch Update Introduces New Shattered Realm Content, New Legendary Sets
  • ‘Dancing With The Stars’ Recap: Did The Right Couple Go Home?
  • Full List of Emmy Award Nominees – Deadline
  • Dark Horse Publishes Margaret Atwood’s Second Comic, For The Secret Loves Of Geek Girls

Categories

  • Business
  • Entertainment
  • Health
  • Home and Garden
  • Lifestyle
  • News

Contact Us

  • Privacy & Policy
  • About Us
  • Contact Us

© 2020 AllTopNews

No Result
View All Result
  • Home
  • News
  • Business
  • Health
  • Lifestyle
  • Home and Garden
  • Entertainment

© 2020 AllTopNews