US Markets

Investors discounted rising COVID-19 restrictions, pushing stocks higher.

Macy's Inc reported a more than 20% drop in quarterly comparable on Thursday and said it expects that to continue into the fall season, signaling a tough holiday season for the coronavirus-battered department store chain.

Tesla Inc.’s transformation from an electric-car maker to a software/connected vehicle services provider is the “entry ticket” to a much larger business, according to Morgan Stanley.

Target Corp. reported booming digital sales and same-day services growth helped fuel a 42% year-over-year spike in third-quarter profit.   

Big money managers are growing concerned that civil unrest could upend the stock market rally, but remain more worried about the impact of the COVID-19 pandemic, according to a Bank of America survey conducted in November.

Walmart Inc. said third-quarter profit soared 56% from a year ago as customers stocked up on health and wellness products and electronics amid the COVID-19 pandemic.

The $4.4 billion payout, which will be made to shareholders of record as of Dec. 2, is the fourth special dividend issued by the board in the past eight years.

Under Clayton, the SEC has pursued changes to regulations that critics saw as burdensome or hindering corporate growth, often in the face of opposition from Democrats and investor advocates.

Southwest Airlines Co. says a pickup in bookings over the past three months is slowing as a second wave of COVID-19 infections sweeps across the country.

A coronavirus vaccine would restore economic growth and break up the stock market's yearlong love affair with Big Tech, according to strategists at Goldman Sachs Group.

The bet is nearly identical to — albeit only 30 percent as big as — his now-famous hedge in late March, in which he bought $27 million of credit-default swaps that netted him a staggering profit of $2.6 billion.

Pfizer and German partner BioNTech announced on Monday that their COVID-19 vaccine candidate, which was developed in record time, was found to have a 90% positive efficacy rate and could start being distributed before the end of the year.

Albert Bourla sold 132,508 Pfizer shares at a price of $41.94 apiece through a scheduled Rule 10b5-1 trading plan adopted on Aug. 19, one day after the company announced positive results from a Phase 1 study.

Carnival Corp. shares were sharply lower Tuesday after the company announced plans to sell $1.5 billion of common stock.

Texas Gov. Greg Abbott will on Nov. 20 host representatives from major U.S. stock exchanges considering whether to relocate their data centers from New Jersey to the Lone Star state amid the threat of higher taxes.  

U.S. retailers are struggling to pay rent in the wake of the COVID-19 pandemic, according to the country’s largest mall operator.

D.R. Horton Inc. reported strong fourth-quarter results and guided above Wall Street expectations as low interest rates and a flight to the suburbs amid the COVID-19 pandemic fueled a building boom.

The benchmark S&P 500 rallied 7.33% this week to near-record highs despite days of uncertainty about who won the White House, but volatility may return in a flash.

Record low mortgage rates have juiced demand in the housing market, but rising home prices are putting would-be home buyers in a more difficult position to make a purchase. 

Marriott International Inc. is seeing signs business is recovering from the sharp slowdown caused by stay-at-home orders aimed at slowing the spread of COVID-19.