Stocks teeter as Beijing seeks to tighten grip on Hong Kong

China is cheating on Obama-era stock market deal: John Solomon Fox Business contributor John Solomon discusses Chinese companies taking advantage of an Obama-era stock market deal.  U.S. equity markets slipped Friday as investors weighed Chinese President Xi JInping's efforts to tighten his grip over Hong Kong ahead of the Memorial Day weekend. Continue Reading Below The Dow Jones fell 134 points, or […]

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Stocks rebound as investors weigh coronavirus economic toll

US stocks rebounded from an early selloff Thursday as investors assessed how long it will take for the economy to recover from the coronavirus. The Dow Jones industrial average dropped as much as 458.35 points, or 1.9 percent, to 22,789.62, following its 500-point tumble on Wednesday. But rallying financial stocks helped the blue-chip index claw back the loss and rise […]

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Stock futures rise as oil rallies

Major averages end near session lows despite Alphabet’s earnings report FOX Business’ Lauren Simonetti says investors are overall optimistic about the future despite some losses on the Nasdaq, S&P 500 and Dow Jones. FOX Business’ Connell McShane reports on Alphabet Inc.’s earnings missed the mark but revenue came out better than expected amid coronavirus. Get all the latest news on […]

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AT&T signals layoffs as it takes $430 million coronavirus hit

Telecom giant AT&T said Wednesday warned that job cuts are likely on the horizon as its first-quarter results took a $430 million hit from the coronavirus. AT&T Chief Executive Officer Randall Stephenson told investors that “the economic effects of the pandemic and resulting societal changes are currently not predictable,” and that the firm has “withdrawn financial guidance, at this time.” […]

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Stocks rally as small-business relief clears Senate, oil soars

Which sectors will perform best, worst as coronavirus continues? Chief investment strategist at Charles Schwab Liz Ann Sonders joins Barron’s markets editor Ben Levisohn, Barron’s reporter Carleton English and Barron’s associate editor Jack Hough to discuss which economic indicators investors should watch for. U.S. equity markets are on track to snap a two-day skid after a $483 billion coronavirus aid package […]

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Is unemployment really as deadly as coronavirus?

In the 2015 movie “The Big Short” about the Great Recession, Brad Pitt’s character Ben Rickert is strolling in Las Vegas with two Wall Street colleagues who are elated about all the money they made betting that the US economy was in trouble. Their bet, of course, was that problems with mortgage-backed securities would hurt banks and the entire American […]

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