DJIA
Asian stocks fall, led by technology, industrial names
BANGKOK (AP) — Shares were mostly lower in Asia on Thursday after a mixed session on Wall Street as losses by technology and industrial companies offset other gains. Shanghai saw a modest gain after reopening following the Lunar New Year holiday. Shares fell in Tokyo, Hong Kong and Sydney. The yield on the 10-year Treasury …
American Express to Buy Financial Technology Firm Kabbage. Amex Stock Drops
Text size Andrew Harrer/Bloomberg American Express has agreed to buy nearly all of fintech Kabbage as it seeks to expand its services for small businesses. Financial terms weren’t announced, although press reports peg the sale at $850 million. AmEx (ticker: AXP) is buying Kabbage’s team as well as its suite of financial technology products, data …
Dow Futures Rise Despite Unrelenting Covid-Case Increases. Here’s What the Market Might Be Watching.
Text size Jeenah Moon/Getty Images 7:18 a.m. Cases of coronavirus continue to rise. Earnings season is getting ready to start. And Dow Jones Industrial Average futures are rising. That’s not as contradictory as it sounds. The stock market picked up Monday right where it left off on Friday. Dow futures have advanced 205 points, or …
European stocks open higher after Easter break
European stocks advanced after the Easter weekend break, with the German DAX DAX, +1.05% rising 1.3% in early trade and the U.K. FTSE 100 UKX, +0.00% up 0.3%. U.S. stock futures also were stronger, with the futures on the Dow Jones Industrial Average YM00, +1.12% up 330 points. The optimism came amid data showing a …
Stock market attempts to claw back from Thursday depths after Fed announces ‘big bazooka’ to help ease Treasury market problems
U.S. stocks bounced off Thursday lows after the Federal Reserve announced that it would offer $505 billion in a key area of the short-term funding market to help cure dislocations in Treasury trading, amid growing coronavirus anxieties. The measure is part of a broad package of easing measures. The Fed said it would offer $500 …
