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Wall St. set to ease from record levels; stimulus in focus

4 Min Read (Reuters) - The Nasdaq scaled a new closing high on Tuesday, but the broad market barely missed eking out a seventh day of gains as investors rotated out of large-cap tech names into other sectors expected to benefit from a proposed $1.9 trillion U.S. stimulus bill. The tech-heavy Nasdaq hit an all-time high early in the session on gains in Apple Inc, Amazon.com Inc and Google-parent Alphabet Inc, which later turned lower amid a shift in portfolio allocations. The NYSE FANG+TM index,...
White House District Of Columbia United States Devik Jain Medha Singh Joe Biden

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S&P 500, Dow ease from record highs; stimulus in focus | Money

LONDON, Feb 9 โ€” The Dow and the S&P 500 eased from record highs today as investors digested recent gains while awaiting progress in passing a proposed US$1.9 trillion (RM7.7 trillion) stimulus plan. The tech-heavy Nasdaq, on the other hand, hit an all-time high for the fifth consecutive...
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Stock futures slip after Wall Street ends at record highs | Hellenic Shipping News Worldwide

U.S. stock index futures dipped on Tuesday as investors moved to the sidelines a day after Wall Street closed at all-time highs with focus squarely on earnings reports and progress in the Biden administrationโ€™s $1.9 trillion stimulus plan. Big U.S. banks slipped in premarket trading after the banks index jumped about 11% in the past ...
United States White House District Of Columbia Devik Jain Medha Singh Joe Biden

Stocks cling to gains, Dow aims for new record for second straight day

S&P 500, Dow miss out on new records and snap 6-day win streak MarketWatch 2/9/2021 MARKET SNAPSHOT U.S. stocks ended mostly lower on Tuesday, capping a turbulent session that saw markets swing between small gains and losses, as momentum for a record-setting market rally slowed. Investors were focused on the potential for another round of government spending to boost the economic recovery from the coronavirus pandemic. What did major benchmarks do? The Dow Jones Industrial Average fell 9...
New York United States City Of United Kingdom Marios Hadjikyriacos Steven Ricchiuto
Source: msn.com

Take-Two earnings, outlook top Wall Street estimates on strong holiday quarter

Take-Two Interactive Software Inc. reported a better-than-expected outlook and results late Monday as sales gained a holiday boost during the COVID-19 pandemic, and said it was moving past its bid to acquire U.K.-based racing games publisher.
Strauss Zelnick Software Sector Interactive Software Inc Electronic Arts Inc Activision Blizzard Inc Codemasters Group Holdings
Source: msn.com

Activision Soars to Record on Upbeat Outlook for Game Sales

Activision Soars to Record on Upbeat Outlook for Game Sales Bloomberg 2/5/2021 Olga Kharif (Bloomberg) -- Activision Blizzard Inc. rallied as much as 12% to a record after giving an upbeat outlook for this year and next, boosted by marquee video-game franchises such as Call of Duty, World of Warcraft and Candy Crush. Revenue this quarter will be $1.75 billion, excluding some items, the company said Thursday, compared with the $1.68 billion predicted by analysts. Its annual for...
New York United States Santa Monica Bloomberg Activision Matt Kanterman Bobby Kotick
Source: msn.com

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