Nvidia pushes S&P 500, Nasdaq higher amid coronavirus worries
The S&P 500 and the Nasdaq edged higher on Friday, supported by Nvidia shares after its upbeat outlook, but concerns about an economic hit from the coronavirus outbreak limited gains.
The S&P 500 and the Nasdaq edged higher on Friday, supported by Nvidia shares after its upbeat outlook, but concerns about an economic hit from the coronavirus outbreak limited gains.
The Washington Redskins running back and his finances are making headlines again. This time, the 34-year-old is going into arbitration with Morgan Stanley over an investment dispute.
Oil prices rose on Friday, on track for their first weekly gain since early January as investors bet the economic impact of the coronavirus would be short-lived and hoped for further Chinese central bank stimulus to tackle any slowdown.
Major world stock indexes were little changed on Friday as investors further assessed the economic fallout of China's coronavirus outbreak, while oil prices were on track for their first weekly gain since early January.
United Airlines Holdings Inc said on Friday it is extending the cancellation of Boeing 737 MAX flights until Sept. 4, a fresh delay that comes as sources told Reuters that the timing of a key certification flight may not happen until at least April.
The S&P 500 and the Nasdaq edged lower on Friday as concerns about an economic hit from the coronavirus outbreak outweighed a boost from Nvidia shares after the chipmaker's upbeat outlook.
Amazon and Walmart's Flipkart are among online retailers demanding that India scale back a proposed tax on third-party sellers on their platforms, saying the burden of compliance will hurt the fledgling industry, according to a document seen by Reuters.
Google on Friday attacked what it called an eye-catching 2.4 billion euro ($2.6 billion) EU antitrust fine, prompting a judge to ask how a rich company can miss a relatively paltry amount.
Oil prices rose on Friday, on track for their first weekly gain since early January as investors bet the economic impact of the coronavirus would be short-lived and hoped for further Chinese central bank stimulus to tackle any slowdown.
Venezuela's state energy firm PDVSA has been shipping more oil this month to close ally Cuba, as tighter U.S. sanctions have worsened fuel shortages on the Caribbean island, according to sources and internal company documents seen by Reuters.
Investors are edging back into emerging markets, even though worries about the coronavirus's impact on global economic growth have clouded prospects for the boom-and-bust asset class.
"We're doing it for long-term growth and understanding the process and kind of seeing the future," NBA champion Andre Iguodala said of his investing strategy.
Over 100 million Americans received a tax refund in 2019, and a majority prefer the IRS payback rather than a bigger regular paycheck. Here's the right way to spend and save a refund.
Wall Street edged lower on Friday as uncertainties surrounding the coronavirus epidemic and downbeat economic data put a damper on investor sentiment.
Apple Inc said on Friday it would reopen one of the seven retail stores it has in Shanghai from Feb. 15 with reduced working hours, a day after the iPhone maker said a few retail stores in Beijing would start functioning from Feb. 14.