Posts in tag
Rob Lenihan
Dow Ends Lower; Stocks Cap Record Week With Down Day
The Dow Jones Industrial Average ended down Friday, but held onto most of the week’s gains following reports that President Donald Trump ordered, but then rescinded, an airstrike on military installations in Iran. Shares of Canopy Growth (CGC – Get Report) tumbled after the company posted a wider loss on better-than expected revenue. Canopy Growth is Real …
S&P 500 Sets Record High as Fed Signals Interest Rate Cuts, Oil Prices Surge
The S&P 500 set an intraday record high Thursday as investors were spurred on by signals of lower interest rates from the Federal Reserve. Oracle (ORCL – Get Report) rose after the enterprise software company topped analysts’ earnings and revenue expectations for its fiscal fourth quarter, and said first-quarter profit likely would top forecasts. Oracle …
