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US stocks

Nasdaq, S&P 500 slip as COVID-19 vaccine makers fall

Nasdaq, S&P 500 slip as COVID-19 vaccine makers fall

  • Weekly jobless claims fall more than expected.
  • Pharma slides as Biden backs COVID-19 vaccine IP waiver.
  • ViacomCBS rises on beating quarterly revenue estimates.
  • Indexes: S&P off 0.09%, Nasdaq down 0.46%, Dow up 0.19%.
Published 06 May, 2021 08:33pm
Alphabet pushes S&P 500 to record high, props up Nasdaq
Markets

Alphabet pushes S&P 500 to record high, props up Nasdaq

  • Alphabet jumps on record profit, plans $50 billion buyback.
  • Communication services leads gains among S&P 500 sectors.
  • Boeing falls on wider-than-expected quarterly loss.
  • Microsoft shares down on valuation.
  • Indexes: Dow down 0.44%, S&P up 0.19%, Nasdaq up 0.13%.
Published 28 Apr, 2021 09:08pm
US stocks lower
Markets

US stocks lower

NEW YORK: US stocks closed lower on Monday, slipping from last week’s record levels, as investors awaited guidance...
Published 21 Apr, 2021 03:21am
Shopify shares edge up after falling on executive departures
Markets

Shopify shares edge up after falling on executive departures

  • Shopify, which provides infrastructure for online stores, has seen its valuation soar in the past year as many businesses went virtual during the COVID-19 lockdowns.
  • The Ottawa, Canada-based company, whose chief product officer Craig Miller left in September, said its chief talent officer, chief legal officer and chief technology officer will all transition out of their roles.
Published 15 Apr, 2021 08:15pm