Delta Air Lines shares surge on 2Q earnings beat
Revenue at the Atlanta-based carrier was $12.5 billion in the second quarter, while profits were $2.35 per share.
Dow tops 27,000 for first time on health care stock gains, rate cut hopes
Investor sentiment was also buoyed by optimism that the Federal Reserve will cut interest rates at their July 31 meeting.
Movers & Shakers: July 11, 2019
Stories moving the markets and shaking up the world.
At American Airlines, Boeing Max grounding fuels improved earnings outlook
The Dallas-based carrier expects unit revenue to now rise as much as 4 percent.
Nasdaq Composite hits new high on Powell comments
Markets are again optimistic about a possible interest rate cut.
Movers & Shakers: July 10, 2019
Stories moving the markets and shaking up the world.
Boeing deliveries slip as Max fleet remains idled
The Chicago-based manufacturer shipped no new Max jets as the fleet remains idled after two recent crashes.
Huawei remains on US sales blacklist: Wilbur Ross
President Trump previously said the U.S. would lift a sales ban on the telecom giant.
US stocks close mostly higher
Top U.S. and Chinese officials spoke Tuesday in an attempt to jump-start stalled trade negotiations.
Top US, Chinese trade officials have 'constructive' talk on holding face-to-face meeting
The talk "went well" and is expected to lead to more such discussions, said a top White House economic adviser.
Movers & Shakers: July 9, 2019
Stories moving the markets and shaking up the world.
Trump 'favored-nation' drug pricing order could hammer profits
The move could force drugmakers to offer treatments in the U.S. at the lowest cost offered elsewhere in the world.
Jeffrey Epstein charged with sex trafficking of underage girls
Epstein was accused of luring girls as young as 14 years old to visit his mansion in Manhattan and estate in Palm Beach, Florida for sex acts, and then paying them hundreds of dollars each.
US stocks fall as Fed interest rate cut hopes fade
The yield on the 10-year Treasury was largely unchanged at 2.04 percent. Bond yields and prices move in opposite directions.
Stock buyback decline not necessarily bad news for economy
Look, one quarter doesn't change the trend but if in fact stock buybacks are slowing and management is about to use that cash for a more productive purpose count me in.
Movers & Shakers: July 8, 2019
Here are the stories moving the markets and shaking up the world.
US job growth rebounds with 224,000 created in June, quelling fears of economic slowdown
Economists surveyed by Refinitiv forecast the U.S. economy created 160,000 jobs during the month of June.
June jobs report released on Friday: Here's what to expect
As the U.S. enters the longest economic expansion on record, investors are looking at the June jobs report for signs that the rapid job growth over the past two years is softening.
Tesla shines amid US auto sales slump
As carmakers battle over pickups, Tesla stays on course.
Saudi Arabia's Aramco relaunches public offering talks
The likely blockbuster IPO could come as soon as 2020 or 2021.