The Dow Jones today slipped as the coronavirus case numbers tick upward.
Chinese stocks popped yesterday for their seventh straight day, adding 177 points to the Dow and 148 points to the Nasdaq.
But much is still uncertain with the pandemic spread and rising inflation.
More on these developments below.
Social media giant Facebook Inc. is in hot water again.
This time, people are angry at the company's apparent refusal to take down hate speech, calls for violence, and other distasteful content from the network.
So far, more than 160 companies have signed up for the "Stop Hate for Profit" campaign, pledging to "pause" advertising on Facebook.
We're talking about big names like Ben & Jerry's, Coca-Cola, Hershey's, Honda, Levi Strauss, Starbucks, The North Face, Unilever, Verizon, and many more. All of these companies will not be buying Facebook ads in July, and some are going even further.
Since almost all of Facebook's $70 billion in revenue comes from advertising, this is hitting CEO and founder Mark Zuckerberg right where it hurts.
Or at least, that's what we're being told.
As the advertising boycott really took off last Friday, Facebook stock dropped 8.32%. Zuckerberg himself lost about $7 billion in wealth because of it. Stock markets as a whole went down partly because of this.
But don't believe the hype. Facebook will not only survive this scandal; it will grow even bigger.
In fact, this is a great opportunity to buy the dip. Here's why… Full Story
In fact, this is a great opportunity to buy the dip. Here's why...
The Dow Jones is climbing despite news that China has approved a controversial national security law that will impact Hong Kong.
The number of unemployed continues to grow since the start of the coronavirus pandemic, approaching 40 million.
Here's everything moving the Dow today...
The Dow Jones Industrial Average is getting a boost this morning with lawmakers ready to pass a relief measure in response to COVID-19.
Yesterday, the Senate failed for the second time to reach a deal. That pushed the Dow to multi-year lows.
The Dow Jones Industrial Average is down another 1,500 points on Thursday morning as it continues to plunge into a Bear Market.
U.S. stocks futures hit "limit down" for the second time this week.
Investors reacted negatively to a speech by President Trump last night that laid out plans to provide fiscal stimulus to the economy, but remained somewhat vague on specifics.
The core action – banning travel between the U.S. and Europe for 30 days – pummeled the European markets overnight.
The Dow Jones Industrial Average is tied to investor uncertainty over the coronavirus today.
While the Dow regained some of last week's losses this morning, investors continue to flock to safe-haven assets.
The Dow Jones today is heading for a rough open, with Dow futures down over 100 points this morning.
President Trump thwarted investor optimism on Friday when he said the U.S. wasn't ready to sign a trade deal with China.
Wall Street is anxious to see more specifics on the pending trade deal with China today.
But that's not all that will impact the Dow Jones on Monday.
The Dow Jones Industrial Average will slip Thursday after Chinese officials voiced concerns about a long-term trade deal with the U.S.
In addition, the latest round of earnings failed to boost optimism for investors.
We're deep into earnings season and weighing a thick round of economic data this week.
The Dow Jones today will press higher thanks to a stronger-than-expected earnings report from Microsoft Corporation (NASDAQ: MSFT).
With earnings season now in full swing, positive reports continue to propel the broader market upward.
However, a number of companies have warned about the U.S trade war and other factors that might sour the outlook.
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