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Wall Street Rebounds, Dow Jumps 600 Points

Video Credit: Wochit News - Duration: 00:29s - Published
Wall Street Rebounds, Dow Jumps 600 Points
Wall Street Rebounds, Dow Jumps 600 Points
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Nasdaq surges on megacap earnings [Video]

Nasdaq surges on megacap earnings

The Nasdaq jumped more than 1% on Friday, powered by strong earnings from some of the largest U.S. companies, but the Dow and S&P finished with smaller gains as uncertainty about the government's next round of coronavirus aid kept economic worries on the radar. Fred Katayama reports.

Credit: Reuters Studio    Duration: 01:27Published
Stocks little changed with eyes on virus [Video]

Stocks little changed with eyes on virus

The S&P 500 and the Nasdaq finished slightly higher on Friday but the Dow closed with a loss as investors kept an eye on record new coronavirus cases in the U.S. Conway G. Gittens wraps up the trading action.

Credit: Reuters Studio    Duration: 01:39Published
Dow Surges 557 Points [Video]

Dow Surges 557 Points

US stocks rose on Tuesday as investors weighed second-quarter earnings results for US banks against spiking coronavirus cases. JPMorgan gained after earnings beat Wall Street expectations. Wells Fargo slumped after reporting a loss and cutting its dividend. Coronavirus cases continue to climb in the US, forcing states to rollback reopening plans and threatening the economic recovery from the pandemic recession.

Credit: Wochit News    Duration: 00:38Published
Stocks mostly fall on COVID-19 concerns [Video]

Stocks mostly fall on COVID-19 concerns

The S&P 500 ended lower Friday after a choppy session as investors weighed spiking cases of COVID-19 and Apple's announcement of fresh store closures against anticipated stimulus and continued economic recovery. Fred Katayama reports.

Credit: Reuters Studio    Duration: 01:19Published
Stock rally takes a pause as new COVID-19 cases spike [Video]

Stock rally takes a pause as new COVID-19 cases spike

The Dow and S&P 500 snapped three-day winning streaks as a surge in new coronavirus cases in several states gave investors a reason to pause. Conway G. Gittens has the wrap.

Credit: Reuters Studio    Duration: 01:47Published

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BoA: Reasons To Buy Discount Store Stocks [Video]

BoA: Reasons To Buy Discount Store Stocks

Business Insider reports that banks' and tech giants' earnings largely impressed Wall Street. Bank of America says discount stores are set to post similarly positive results, according to Bank of America. BoA analysts expect the sector's second-quarter figures to hold strong thanks to rising food sales and improvement in general merchandise revenue. Thanks to momentum in higher-profit categories and successful online operations Walmart, Target, and Dollar Tree are in good positions.

Credit: Wochit News    Duration: 00:50Published
Stocks rise, Disney surges after hours [Video]

Stocks rise, Disney surges after hours

Wall Street ended higher after a choppy session on Tuesday, but they were capped by declines in AIG and Microsoft. As Fred Katayama reports, Disney shares shot higher after its adjusted profit handily beat expectations.

Credit: Reuters Studio    Duration: 01:28Published

Ford Replaces Its C.E.O.

Jim Hackett, who failed to impress Wall Street, will be replaced by James Farley, an auto industry veteran who started his career at Toyota.
NYTimes.com

Microsoft sees $95 billion boost on possible TikTok deal

Wall Street loves the software giant's "big bet" as a way to attract consumers and take on Facebook.
CBS News
AMC Theatres, Universal Pictures Forge Historic Deal Allowing Theatrical Releases to Debut on Premium VOD | THR News [Video]

AMC Theatres, Universal Pictures Forge Historic Deal Allowing Theatrical Releases to Debut on Premium VOD | THR News

Wall Street analysts on Wednesday weighed in on AMC Theatres' historic agreement with Universal Pictures that will allow the studio's movies to be made available on premium video-on-demand after just 17 days of play in cinemas.

Credit: The Hollywood Reporter    Duration: 01:27Published

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