Stock Market News

By John McCrank NEW YORK Asian stocks were set for a mixed open on Wednesday, as an increase in new coronavirus cases in some parts of the world cast doubts over the economic recovery, leading some investors to cash in on recent gains ahead of earnings season. Australian S&P/ASX 200 futures lost 0.50% in early trading, while {{178|Japan's NiN

. Former Nissan chairman Carlos Ghosn attends a news conference at the Lebanese Press Syndicate in Beirut Carlos Ghosn, the former Nissan (OTC:NSANY) Motor Co (T:7201) chairman, wired $862,500 last year to a company managed by one of the two men who later helped him escape from Japan, U.S. prosecutors said in a Tuesday court filing. The discl

. The Boeing logo is displayed on a screen, at the NYSE in New York By Eric M. Johnson SEATTLE Boeing Co (N:BA) has reached settlement agreements in more than 90% of the wrongful death claims filed in federal court after the 2018 crash of a Lion Air 737 MAX in Indonesia that killed all 189 people on board, a court filing on Tuesday said. The

. U.S. President Trump hosts coronavirus response event on reopening schools at the White House in Washington By Michelle Price and Brad Heath WASHINGTON U.S. President Donald Trump's administration touted its $660 billion small business pandemic aid program this week as a "wild success," unveiling data that showed the initiative saved 51 million jobs. Bu

. The Levi's tag is seen on pants hanging in a Levi Strauss store in New York Levi Strauss & Co (N:LEVI) on Tuesday cautioned its business would be hit in the second half of the year, even as the denim apparel maker's sales have been improving at its reopened stores, following government-mandated COVID-19 lockdowns. The company also sai

4/4Reuters. Delta Air Lines passenger planes parked in Birmingham 2/4 By Tracy Rucinski CHICAGO The largest U.S. air carriers have all signed letters of intent on federal loans to help them weather the novel coronavirus, with United Airlines warning employees on Tuesday that a surge in outbreaks was hitting bookings, threatening a trav

2/2Reuters. A screen shows the trading info for The Walt Disney Company company on the floor of the NYSE in New York 2/2 Walt Disney (NYSE:DIS) Co will stick to its plans to reopen its Walt Disney World theme parks in Orlando, Florida, to a limited number of guests on Saturday, the company said in a statement on Tuesday. Florida's co

. By Yasin Levi Strauss swung to a loss as sales fell in the second quarter after it was forced to shutter stores for 10 weeks as the country went into lockdown to contain the Covid-19 pandemic. Levi Strauss (NYSE:LEVI) fell 2.5% in after-hours trading.The company reported a loss of $0.48 a share, larger than the $0.46 loss expected, with sales of $497.54 millio

. U.S. stocks lower at close of trade; Dow Jones Industrial Average down 1.51% – U.S. stocks were lower after the close on Tuesday, as losses in the Oil & Gas, Financials and Industrials sectors led shares lower.At the close in NYSE, the Dow Jones Industrial Average declined 1.51%, while the S&P 500 index fell 1.08%, and the NASDAQ Composite index declined

. By Yasin – Wall Street plunged on Tuesday, as rising coronavirus cases continued to force parts of the U.S. to roll back reopening measures that could hurt the economy's chances of a robust recovery. The S&P 500 lost 1.04%, while the Nasdaq Composite lost 0.86% and the Dow Jones Industrial Average slumped 1.51%.Rising cases in 41 out of 50 states have forc

. By Christiana -- Wall Street fell with U.S. cities and states continuing to shut down as coronavirus infections continue to soar. Cases are rising in 41 out of 50 states, and the U.S. leads the world with about 3 million infected and133,000 killed. Brazil has the second greatest number of infections and deaths, and Brazilian President Jair Bolsonaro, who has di

4/4Reuters. Delta Air Lines passenger planes parked in Birmingham 2/4 By Tracy Rucinski CHICAGO The largest U.S. air carriers have all signed letters of intent on federal loans to help them weather the novel coronavirus, with United Airlines warning employees during a virtual town hall meeting on Tuesday that a surge in outbreaks was h

. A screen shows the trading info for The Walt Disney Company company on the floor of the NYSE in New York Walt Disney Co (N:DIS) will stick to its plans to reopen its Walt Disney World theme parks in Orlando, Florida, to a limited number of guests on Saturday, the company said in a statement on Tuesday. Florida's coronavirus cases have soared in the la

4/4Reuters. Delta Air Lines passenger planes parked in Birmingham 2/4 By Tracy Rucinski CHICAGO The largest U.S. air carriers have all signed letters of intent on federal loans to help them weather the novel coronavirus, with United Airlines warning employees that a surge in outbreaks was hitting bookings, threatening a travel rebound.

. Electric automaker Nio continued to surge on Tuesday, just days after reporting deliveries in the second quarter that exceeded the top end of its guidance, led by a record month in June.   Nio (NYSE:NIO) was up nearly 19% around 3:00 PM ET.In the second quarter, NIO delivered 10,331 vehicles, exceeding its quarterly guidance of sales to be within the top end

. The spread of the coronavirus disease (COVID-19) in New York By Caroline Valetkevitch U.S. stocks eased on Tuesday as investors took profits a day after the S&P 500 logged its longest streak of gains this year and as new U.S. coronavirus cases rose further. Large parts of the United States reported tens of thousands of new coronavirus infections. Ne

. France stocks lower at close of trade; CAC 40 down 0.74% – France stocks were lower after the close on Tuesday, as losses in the Foods & Drugs, Gas & Water and General Financial sectors led shares lower.At the close in Paris, the CAC 40 declined 0.74%, while the SBF 120 index declined 0.75%.The best performers of the session on the CAC 40 were Worldline

. Markets are working well again after turmoil in March in response to the COVID-19 pandemic but there are more challenges to come for banks, Financial Stability Board (FSB) Chair Randal Quarles said on Tuesday. "Credit spreads have narrowed for both investment-grade and high-yield bonds, markets are functioning in an orderly manner, and credit provisio

3/3Reuters. Jeffrey Epstein appears in a photo taken for the NY Division of Criminal Justice Services' sex offender registry 2/3 By Jonathan Stempel, Tom Sims and John O'Donnell NEW YORK/FRANKFURT Deutsche Bank (DE:DBKGn) will pay a $150 million fine from a New York regulator for allowing disgraced financier Jeffrey Epste

. By Christiana --   Snap Inc .  (NYSE:SNAP) jumped 7% Tuesday to a record as rival TikTok may face a U.S. ban. Chinese social media apps may be prohibited in the U.S., Secretary of State Mike Pompeo said on Fox News.  "With respect to Chinese apps on people's cell phones, I can assure you the United States will get this one right too," he said. "I don't wan

. The spread of the coronavirus disease (COVID-19) in New York By C Nivedita and Medha Singh The S&P 500 eased on Tuesday, a day after the benchmark index logged its longest streak of gains this year as investors weighed the risk of a sharp jump in new coronavirus cases nationwide hindering a rebound in economic activity. The Nasdaq, on the other hand

. By Yasin – Wall Street moved off session lows on Tuesday, but remained pressured as parts of the U.S. to continued to roll back reopening measures amid growing coronavirus cases. The S&P 500 lost 0.24%, while the Nasdaq Composite rose 0.19% and the Dow Jones Industrial Average slumped 0.68%.Rising cases in 41 out of 50 states have forced pockets of the U.S

. The logo of Wirecard AG is pictured at its headquarters in Aschheim By Tom Sims and Hans Seidenstuecker FRANKFURT Wirecard's (DE:WDIG) administrator said on Tuesday that more than 100 investors have expressed interest in buying the collapsed German payments firm's core business and holdings. The firm filed for insolvency last month owing cre

. The spread of the coronavirus disease (COVID-19) in New York By C Nivedita and Medha Singh The S&P 500 was little changed on Tuesday a day after the benchmark index logged its longest streak of gains this year, as investors weighed expectations of an economic recovery against risks from a sharp jump in new coronavirus cases nationwide. The tech-heav

. By Christiana -- More ETFs have closed than opened for the first time ever, according to data compiled by Toroso Investments.Through June 29, 218 exchange traded funds were opened in 2020, compared to 231 that closed, bringing Toroso Investments' KPI for closed versus opened ETFs below one for the past 12 months. That number has forever been above one.The problem