Thursday, 9 May 2019

Dow sinks another 300 points as trade jitters continue

Dow futures are once again pointing to a lower open, with the latest developments in the US-China trade spat weighing on global markets.
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Dow sinks another 300 points as trade jitters continue
Dow futures are once again pointing to a lower open, with the latest developments in the US-China trade spat weighing on global markets. Read more »
 
Why it might not be smart to buy Uber on its IPO day
Should I buy an initial public offering on its first day of trading or wait awhile to see how the stock does? Read more »
 
Uber's IPO will be an early test for SoftBank's massive venture fund
In the second half of 2017, Uber was in a state of disarray. Travis Kalanick, the hard-charging cofounder and CEO who built Uber into a global force, stepped down after months of crises. The startup was hobbled by boardroom battles and a virtually empty C-Suite. And its chief US rival, Lyft, was raising more money and expanding its footprint across North America. Read more »
 
Stamps.com warns of even more pain ahead after it ditched the Post Office. Stock plunges 50%
Stamps.com broke up with the Post Office. Obviously, that's going to sting when you have "stamps" in the name of your company. But the damage is going to be worse than Stamps.com expected. Read more »
 
US trade deficit edges up, even as Americans buy less from China
The US trade deficit edged up by 1.5% in March, but the gap with China continues to narrow amid an ongoing trade dispute. Read more »
 
Chevron walks away from deal with Anadarko
Chevron has conceded defeat in the battle for Anadarko Petroleum. Read more »
 
 
 
 
Dow Nasdaq S&P
-138.97   -32.73   -8.70
25,828.36   7,910.59   2,870.72
-0.54%   -0.41%   -0.30%
YTD +10.72%   YTD +19.22%   YTD +14.52%
 
Biggest Winners
Tapestry Inc +8.49%
 
Nektar Therapeutics +7.49%
 
Perrigo Company PLC +6.99%
 
Mylan NV +3.97%
Biggest Losers
Occidental Petroleum Corp -6.44%
 
Intel Corp -5.32%
 
CenturyLink Inc -4.99%
 
Marathon Petroleum Corp -4.11%
Hottest ETF
Hottest ETF
NYSE Market Volume
NYSE Market Volume
Key Market Stats Latest Today's Change
Oil $61.60 -0.10 / -0.16%
Gold $1,284.80 -0.40 / -0.03%
10-yr 2.46% -0.03
Euro $1.12 +0.00 / +0.16%
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