Wednesday, October 28, 2020

Wall Street is spooked, but it should have seen the fall coronavirus surge coming

For months, Wall Street was sleepwalking towards what every health expert said would be a terrible fall and winter. Now, a harsh reality is setting in.
CNN Business: Markets Now
 
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Wall Street is spooked, but it should have seen the fall coronavirus surge coming
For months, Wall Street was sleepwalking towards what every health expert said would be a terrible fall and winter. Now, a harsh reality is setting in. Read more »
 
Elizabeth Warren: 'Disney won't answer my questions' on layoffs and executive pay
Senator Elizabeth Warren slammed Disney earlier this month over layoffs and other decisions that she says prioritized shareholders over employees. Now Disney has responded — and Warren is not satisfied with the company's reply. Read more »
 
Stocks sell off sharply as coronavirus cases soar
Read more »
 
A deep recession should hurt Trump's reelection bid, but this isn't a usual downturn
With less than a week until the election, it's not clear whether news from the economy and stock market will help or hurt President Donald Trump. But Wednesday's massive drop in the Dow can't be helping. Read more »
 
Boeing will lay off another 7,000 workers as losses mount
Boeing announced it will cut an additional 7,000 jobs as its losses continue to mount following a plunge in revenue. Read more »
 
Markets can't ignore the pandemic any longer. Stocks are dropping
Stocks are selling off sharply on fears that Covid-19 infections are spiraling out of control again and government leaders could have no choice but to enact another wave of lockdowns. Read more »
 
 
 
 
Dow Nasdaq S&P
-943.24   -426.48   -119.65
26,519.95   11,004.87   3,271.03
-3.43%   -3.73%   -3.53%
YTD -7.07%   YTD +22.65%   YTD +1.25%
 
Biggest Winners
General Electric Co +4.51%
 
Rollins Inc +3.49%
 
Trane Technologies PLC +3.36%
 
Chubb Ltd +3.25%
Biggest Losers
Carnival Corp -10.61%
 
Unum Group -9.21%
 
Norwegian Cruise Line Holdings Ltd -9.07%
 
United Parcel Service Inc -8.82%
Hottest ETF
Hottest ETF
NYSE Market Volume
NYSE Market Volume
Key Market Stats Latest Today's Change
Oil $37.36 -0.03 / -0.08%
Gold $1,876.50 -2.70 / -0.14%
10-yr 0.78% +0.00
Euro $1.17 -0.00 / -0.30%
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