Major U.S. stock benchmarks give up small early gains to drift lower Tuesday, a day after the S&P 500 and Nasdaq Composite closed at records, as investors sift through a torrent of corporate earnings reports and prepare for results from technology heavyweights.
Oil futures remain higher on Tuesday after the Organization of the Petroleum Exporting Countries and its allies surprised the market by meeting a day earlier than scheduled and deciding to keep their current plan to gradually raise production in place.
Just in time for Joe Biden’s 100-day mark as president, the commander-in-chief is set to give his first big speech to Congress on Wednesday night. But don’t call it a State of the Union.
Citi maintains a grouping of 18 different indicators meant to flag a bear market — and the latest update indicates an increase in warnings that is well short of a sign to sell.
Oil futures remain higher on Tuesday after reports said the Organization of the Petroleum Exporting Countries and its allies plan to keep their plan to gradually raise production in place, and cancel a meeting that was scheduled for Wednesday.
The number of confirmed cases of the coronavirus-borne illness COVID-19 edged closer to 148 million on Tuesday, as India’s surge continued to overwhelm its healthcare system amid a global effort to send much-needed relief to the nation of 1.4 billion.
Consumer confidence leaped again in April to a 14-month high as rising vaccinations, falling coronavirus cases and a resurgent U.S. economy eased pandemic-related anxieties, a new survey showed. The index of consumer confidence climbed to 121.7 from 109.
Amazon.com Inc. is scheduled to report its first-quarter earnings on Thursday after the closing bell, but analysts are already looking ahead to the possible summertime return of the colossal Prime Day shopping event.
Hundreds of millions of shots in arms? Check. A $15 minimum wage? Stalled. Raising taxes on corporations? A work in progress. Here’s where President Joe Biden stands on some key goals as he hits his 100-day mark.
Shares in Danish shipping giant Maersk sailed higher on Tuesday on a mixed day for European equities, which treaded water amid a sea of earnings reports.
A cautionary note for the high school classes of 2020 and 2021: Waiting to enroll in college decreases the likelihood you’ll ever attend or complete a degree.