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Tesla Suffers Worst Day In History As Tech Names Continue To Rout
Article By: Adam Vettese
Wednesday, September 9, 2020 6:28 AM EDT
Tech stocks suffered a broad sell-off yesterday as US markets returned to action following the holiday weekend. Tesla was hit the hardest, sinking 21.1% after the S&P 500 Index Committee declined to add the electric carmaker to the benchmark index.
In this article: AZN, BA, JPM, TER, ASBFY, MRWSY, SFTBY, WTBCF, AAPL, CSCO, TSLA, RDS-A, CTLT, ETSY, ZS, JDDSF, CRWD, NKLA, GM, WORK Also: AMZN, DIA, SPY, COMP, SPX, BITCOMP
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American Airlines, Bed Bath & Beyond Both Cutting Thousands Of Jobs
Article By: Adam Vettese
Wednesday, August 26, 2020 6:00 AM EDT
More major job cut news landed in the US yesterday, with American Airlines announcing that it plans to cut 19,000 jobs when the terms of its federal aid deal expire. The workers will be involuntarily furloughed or laid off.
In this article: CRM, DKS, TIF, AVEVF, TWODF, BBBY, SPLK, AAL, RDS-A, NGLOY, POYYF, CNNWF
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Exxon To Exit Dow Jones Industrial Average After More Than A Century
Article By: Simon Peters
Tuesday, August 25, 2020 6:04 AM EDT
One of the world’s major stock indices is set to undergo some significant changes, with Exxon Mobil, defense firm Raytheon Technologies and drug maker Pfizer on the way out of the 30-name index of US blue chip stocks.
In this article: BA, XOM, BBY, CCL, CRM, DAL, HON, IAG, PFE, RTN, ESYJY, ITVPY, MLSPF, RYAOF, MSFT, ORCL, AAL, RDS-A, NCLH, CNNWF, BT Also: DIA, SPY, COMP, SPX, TGT
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Massive Stimulus Does Not Prevent Eurozone Slowdown
Article By: Daniel Lacalle
Sunday, August 16, 2020 6:55 AM EDT
The ECB balance sheet has risen to 53.9% of GDP in July 2020. This compares to a 32% of the Federal Reserve and 33% of the Bank of England. This means a 1.78 trillion euro increase year-to-date.
In this article: DDAIF, EIPAF, OMVKY, REPYY, RNSDF, TTFNF, VLKAF, RDS-A, SIEGY, BMWYY Also: FXE, EZU
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FTSE 100 Pushing Down On Support As GBP/USD Strength Weighs
Article By: DailyFX
Saturday, August 1, 2020 6:07 PM EDT
The FTSE 100 continues to slide lower and is testing the lower end of the recent trading range. The UK big board has oscillated in a rough 350 point trading zone with the lower bound around 5,930 currently under pressure.
In this article: AZN, BP, GSK, RDS-A, FXB
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