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7:59 a.m. Jan. 21, 2021 - By Michael Ashbaugh
Bull trend confirmed, Nasdaq Composite gaps to record highs Focus: Communications services sector takes flight, XLC, EA, BBBY, ANF, PVHU.S. stocks are mixed early Thursday, largely treading water amid otherwise constructive January price action. Against this backdrop, the S&P 500 and Nasdaq Composite are digesting respectable bull-flag breakouts, their latest rallies to all-time highs.
10:55 a.m. Nov. 25, 2020 - By Ciara Linnane
Hospital workers called exhausted as U.S. records highest number of COVID deaths since May Parts of Europe are reporting declining cases and Sicily has asked Cuba to send doctors and nursesThe U.S. recorded the highest number of deaths from the coronavirus illness COVID-19 since May on Tuesday, and continues to average close to 200,000 new cases a day, with hospitals across the nation reporting exhausted health care workers and steadily filling intensive care units.
7:57 a.m. Nov. 9, 2020 - By Michael Ashbaugh
Bullish momentum accelerates, S&P 500 extends to uncharted territory Focus: 10-year yield takes flight amid risk-on trade, TNX, NSC, TXN, SNAP, FLEX, FIVNU.S. stocks have taken flight early Monday, rising amid optimism over a successful final-phase coronavirus vaccine trial. Against this backdrop, the major U.S. benchmarks have extended an already-aggressive November rally, rising early Monday to tag record highs.
8:37 a.m. Nov. 3, 2020 - By Michael Ashbaugh
Charting a bullish reversal, S&P 500 spikes from key support amid election overhang Focus: Europe digests technical breakdown, Emerging markets maintain key support, IEV, EEM, COST, PINS, SNE, EGHTTechnically speaking, the S&P 500 is off to a strong November start, rising within striking distance of a key bull-bear test closely matching the 50-day moving average, writes Michael Ashbaugh.
2:17 a.m. Oct. 28, 2020 - By Ciara Linnane
Coronavirus update: U.S. case tally tops 8.7 million and marks seven-day record, with more than 20 states seeing most new cases since start of the outbreak Dr. Birx says North Dakotans’ failure to wear face masks is ‘deeply unfortunate’ as the Dakotas suffer worst case numbers measured per capitaThe U.S. case tally for the coronavirus illness COVID-19 climbed above 8.7 million on Tuesday, with more than 20 states counting record numbers of new infections, as more business curfews were announced to combat the spread.
11:49 a.m. Oct. 15, 2020 - By Ciara Linnane
Coronavirus update: U.S. death toll tops 217,000; the magazine Nature becomes the latest science journal to blast Trump’s pandemic management Nature joins the New England Journal of Medicine, Scientific American and Lancet Oncology in criticizing Trump’s failings and endorsing Joe Biden for presidentThe U.S. death toll from the coronavirus illness COVID-19 climbed above 217,000 on Thursday, as Nature magazine became the latest scientific journal to sharply criticize President Donald Trump’s handling of the pandemic, and endorse rival, Democrat Joe Biden, for president.
11:21 a.m. Oct. 1, 2020 - By Ciara Linnane
Coronavirus update: Global case tally above 34 million — with U.S. accounting for a fifth — as Dr. Fauci hits back at Trump’s mask claim White House has been encouraging states to enforce face-mask mandates, report says, even as Trump and Pence appear without themThe number of confirmed cases of the coronavirus that causes COVID-19 worldwide rose above 34 million on Thursday with the U.S. accounting for about a fifth of that total, as Dr. Anthony Fauci hit back at claims made by President Donald Trump during Tuesday’s presidential debate on face masks.
9:16 a.m. Sept. 18, 2020 - By Lina Saigol
How this Nasdaq-U.K.-listed Chinese biotech is revolutionizing cancer treatment Biotech company Chi-Med could list in Hong Kong as soon as 2021Chi-Med has been granted three U.S. Food and Drug Administration Fast Track Designations for its cancer drugs.
8:01 a.m. Sept. 14, 2020 - By Michael Ashbaugh
Charting another bullish reversal: S&P 500, Nasdaq rally from key support Focus: Japan’s stealth breakout attempt, Amazon narrowly holds key support, EWJ, AMZN, VFC, CROX, TMU.S. stocks are firmly higher early Monday, rising amid renewed vaccine optimism as well as merger and acquisition activity. Against this backdrop, the S&P 500 and Nasdaq Composite are concurrently rising from major support closely matching the 50-day moving average. The tandem successful retests preserve a bullish intermediate-term bias.
10:23 a.m. Sept. 10, 2020 - By Ciara Linnane
Coronavirus update: Global death toll tops 905,000, U.S. toll above 191,000 and experts slam Trump for playing down virus ‘If we’d had widespread mask-wearing mandates, we could have reduced deaths by as much as 20% to even 50%,’ says one expertThe number of global fatalities from the coronavirus that causes COVID-19 climbed above 905,000 on Thursday and the U.S. death toll rose above 191,000, amid widespread criticism of President Donald Trump’s handling of the crisis, after journalist Bob Woodward revealed that Trump admitted to him that he deliberately downplayed the virus in the early part of the outbreak.
9:04 a.m. Aug. 12, 2020 - By Ciara Linnane
Coronavirus update: Global cases top 20.3 million, U.S. tally tops 5.15 million as Florida and Georgia see record one-day deaths British economy hit the hardest of any by COVID-19 as GDP shrinks by the most on recordThe number of confirmed cases of the coronavirus illness COVID-19 worldwide climbed above 20.3 million on Wednesday and the U.S. case tally topped 5.15 million, as Florida and Georgia reported record one-day death tolls.
2:20 a.m. July 27, 2020 - By Emily Bary
Closed Apple Stores could change iPhone buying habits, but there’s reason for hope amid pandemic Apple in the age of COVID-19: Smartphone demand may be snapping back as Apple prepares for fall iPhone launch Apple in the age of COVID-19: Smartphone demand may be snapping back as Apple prepares for fall iPhone launchWhat’s normally a ho-hum quarter for iPhone sales will be interesting for Apple Inc. this year as the COVID-19 crisis prompts big changes in the way people shop for electronics.
11:10 a.m. July 24, 2020 - By Ciara Linnane
Coronavirus update: Global case tally climbs to 15.6 million and U.S. hits 4.07 million as virus spreads fast in Florida, California and Texas Three members of the Dow Jones Industrial Average — Intel, American Express and Verizon — reported earnings with mixed resultsThe number of confirmed cases of the coronavirus illness COVID-19 climbed to 15.6 million on Friday, and the U.S. case tally hit 4.07 million as the virus continued to spread in the South and West and more states reported that health care systems are steadily being overwhelmed.
8:01 a.m. July 17, 2020 - By Michael Ashbaugh
Charting a bullish holding pattern, S&P 500 traverses higher plateau Focus: VIX presses 200-day average, Home construction ETF tags four-month highs, Emerging markets sustain July breakout, ITB, EEM, ZS, PGR, LVGOU.S. stocks are mixed early Friday, largely treading water amid receding volatility. Against this backdrop, the S&P 500 has asserted a higher plateau — capped by next resistance (3,233) — while the Dow Jones Industrial Average digests a decisive early-week break atop its 200-day moving average.
2:08 a.m. July 15, 2020 - By Ciara Linnane
Coronavirus update: Global cases of COVID-19 climb above 13 million as California, Hong Kong and India reimpose restrictions on movement Earnings season kicks off with bank earnings showing expected boost in loan loss provisions and strong trading and investment banking resultsThe number of confirmed cases of the coronavirus illness COVID-19 climbed above 13 million on Tuesday, and the world’s eighth biggest economy, California, moved to again temporarily shut down higher-risk businesses such as bars and restaurants after a spike in hospitalizations.
7:48 a.m. July 6, 2020 - By Michael Ashbaugh
S&P 500 ventures atop key resistance (3,155), Nasdaq spikes to record high Focus: China takes flight from key support, FXI, AKAM, TEAM, SWKS, VRSKU.S. stocks are firmly higher Monday, rising after a strong batch of global economic data and following market-friendly remarks from China. Against this backdrop, the S&P 500 has ventured atop major resistance (3,155) — and is vying for its first close atop the inflection point since June 10 — while the Nasdaq Composite extends its July break to uncharted territory.
4:53 a.m. May 24, 2020 - By Quentin Fottrell
Is your city reopening after coronavirus lockdown? Scientists say avoid these places New peer-reviewed research says coronavirus droplets caused by talking remain in the air for 8-14 minutesNew peer-reviewed research says coronavirus droplets caused by talking remain in the air for 8-14 minutes.
7:10 a.m. May 20, 2020 - By Quentin Fottrell
‘I was punished for being responsible. I filed my 2019 taxes early — and received almost no stimulus check’ ‘Is there anything I can do? I find this very unjust and poorly thought out’‘Is there anything I can do? I find this very unjust and poorly thought out.’
4:09 p.m. May 4, 2020 - By Quentin Fottrell
Our boss quarantined for 14 days after being exposed to coronavirus, yet we’re strong-armed to return after a few days ‘People do go back to the factory floor because they’re afraid they’ll lose their jobs’‘People do go back to the factory floor because they’re afraid they’ll lose their jobs.’
9:54 a.m. May 3, 2020 - By Quentin Fottrell
As 30 states prepare to reopen, exercise extra caution in these public spaces Is 6 feet really the ‘magic number’ in public spaces? Is 6 feet really the ‘magic number’ in public spaces?
8:25 a.m. May 2, 2020 - By Quentin Fottrell
Can you alter your 2019 taxes in order to qualify for the $1,200 stimulus check? ‘In 2019, tax-law changes made it advantageous for me to claim my oldest as a dependent. I now regret doing that’‘In 2019, tax-law changes made it advantageous for me to claim my oldest as a dependent. I now regret doing that.’
4:23 a.m. May 1, 2020 - By Quentin Fottrell
My state is reopening restaurants and movie theaters. Am I selfish if I go, or am I selfish if I stay home? ‘I am torn between supporting our town and our nation’s economy, and ensuring that I don’t contribute to an increase in coronavirus infections’‘I am torn between supporting our town and our nation’s economy, and ensuring that I don’t contribute to an increase in coronavirus infections.’
11:04 a.m. April 28, 2020 - By Ciara Linnane
Coronavirus update: German infection rate ticks higher after reopening moves, offers lesson to U.S. governors Caterpillar says 75% of facilities are operating and Merck expects virus to shave $2.1 billion off full-year revenueU.S. governors pushing to reopen their states after COVID-19-driven lockdowns may want to look to Germany on Tuesday, where early attempts to lift restrictions on movement had led to an increase in the coronavirus infection rate.
4:51 a.m. April 25, 2020 - By Quentin Fottrell
I didn’t feel well last month and asked my housekeeper to stay home. I am nervous about having her come back. She asked for ‘unpaid wages.’ What should I do? ‘I would like to help her, but I thought she was self-employed and, therefore, knew her income would fluctuate’‘I would like to help her, but I thought she was self-employed and, therefore, knew her income would fluctuate.’
3:43 a.m. April 24, 2020 - By Quentin Fottrell
Couples earning over $150K get less than $2,400 in their stimulus check. Is that unfair — or too generous? Readers weigh in ‘Kids are expensive and they eat a lot, not to mention medical and dental bills, especially now that school is out’‘Kids are expensive and they eat a lot, not to mention medical and dental bills, especially now that school is out.’
1:32 p.m. April 21, 2020 - By Satyjit Das
International business will be an early victim of coronavirus as governments take greater control of their economies COVID-19 has exposed a fundamental weakness of the U.S. and world economiesCOVID-19 has exposed a fundamental weakness of the U.S. and world economies, writes Satyajit Das.
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