Dow climbs 500 points in best day since early June
U.S. stocks bounced back on Monday, with the Dow clinching its...
U.S. stocks bounced back on Monday, with the Dow clinching its best day since early June, following a turbulent week that saw both the S&P 500 and Nasdaq Composite slide into correction territory. Strong earnings from Dow component McDonald’s Corp. MCD, +1.72% along with a broad-based rally helped lift the blue-chip gauge by more than 500 points, causing it to snap a streak of 58 trading days without a gain of 1% or more, according to Dow Jones Market Data. The Dow Jones Industrial AverageDJIA, +1.58% gained 511 points, or 1.6%, to finish at 32,928.83. That marked the best daily points gain for the index since June 2, according to Dow Jones data. The S&P 500SPX, +1.20% gained 49.44 points, or 1.2%, to 4,166.81. The Nasdaq Composite COMP, +1.16% gained 146.47 points, or 1.2%, to 12,789.48.
Exxon, Chevron see strong Q3 revenues despite profit miss
ExxonMobil and Chevron missed analyst expectations in the third quarter, with earnings per share of $2.25...
ExxonMobil and Chevron missed analyst expectations in the third quarter, with earnings per share of $2.25 and $3.05, respectively, primarily due to challenges in their oil refining and chemical sectors. Nevertheless, both companies reported better-than-expected revenues of $90.76 billion and $54.08 billion, respectively.
Freeport LNG clears another hurdle to full operations
The Freeport LNG export plant in Texas is moving closer to full restart after the Federal Energy Regulatory...
The Freeport LNG export plant in Texas is moving closer to full restart after the Federal Energy Regulatory Commission granted it permission to initiate the reactivation of its second dock. LNG supplies to global markets are expected to increase once the plant resumes full operations.
🔔 Before the opening bell: US stock futures rise ...
🔔 Before the opening bell:US stock futures rise early Monday ahead of a busy week that includes a Fed rate decision, jobs report, and Apple’s earnings.
Mark Cuban sounds off. The “Shark Tank” investor and Dallas Mavericks Owner shared thoughts on crypto, an NFT comeback, and taxes for billionaires. These are six of his best quotes from a recent interview.
Investment advice from Charlie Munger, Bill Ackman, and Michael Baron. The trio of legendary investors are fans of a more concentrated portfolio, as opposed to trying to diversify. More on their investing philosophies, along with stocks they’re placing massive bets on, according to recent interviews and a book.
Many notable names are reporting this week! Apple, AirBnB, Carvana, Pfizer, AMD, Qualcomm, Doordash, Coinbase, and more are all set to report!
The World Series between the Diamondbacks and Rangers continues—it’s currently tied 1–1. Plus,...
The World Series between the Diamondbacks and Rangers continues—it’s currently tied 1–1. Plus, the NBA’s first in-season tournament tips off Friday. Here’s how it works.
We turn back the clocks on Saturday night. There appears to be no immediate plan to make daylight saving time permanent.
Mike Pence ended his presidential campaign, saying, “This is not my time.”
The Commerce Department is halting the approval of new export licenses for the commercial sale of semiautomatic and nonautomatic firearms around the world. The 90-day pause does not include Israel, Ukraine, and about 40 other countries that are part of an export-control agreement.
South Africa defeated New Zealand in the Rugby World Cup final, becoming the first country to win four World Cups. Congrats to the Springboks.
Pharmacy staff from Walgreens, CVS, and Rite Aid are staging a walkout from Monday to Wednesday in response to what employees consider unsafe working conditions.
