stocks

Government, Business, Fuel

Oil Jumps Past $45, Dow Eclipses 30,000

Crude oil pipework is seen in an oilfield in Russia. Crude oil pipework is seen in an oilfield in Russia. (Andrey Rudakov/Bloomberg News)

Oil reclaimed heights not seen since the pandemic shocked markets in the spring, with the start of the U.S. presidential transition and improved vaccine prospects infusing optimism across markets.

Andres Guerra Luz | Bloomberg News
November 24, 2020
Government, Business

Stocks Surge to All-Time Highs on Vaccine Optimism

News that Joe Biden is projected winner of the U.S. presidency shows on a screen in New York on Nov. 7. News that Joe Biden is the projected winner of the U.S. presidency shows on a screen in New York on Nov. 7. (Amir Hamja/Bloomberg News)

Stocks surged around the world and bonds tumbled after a large-scale coronavirus vaccine study delivered the most-promising results in the battle against the worst pandemic in a century.

November 9, 2020
Government, Business

Stocks, Bonds Rally as Election Bets Retooled

Pedestrians pass the New York Stock Exchange Oct. 2, in New York. Pedestrians pass the New York Stock Exchange Oct. 2, 2020, in New York. (John Minchillo/Associated Press)

After a wild election night sowed confusion across U.S. markets, investors frantically bid up stocks Nov. 4, sending major averages to the biggest rallies in five months, as they grew more confident that the tightly contested outcome would ensure key elements of the bull market remain intact for years to come.

November 4, 2020
Business, Top 50, Top 100

Current Stock Prices for Trucking, Logistics Companies

Stock market illustration Getty Images

Same-day data for publicly traded trucking and transportation stocks in the truckload, less-than-truckload, package, logistics and leasing categories.

November 3, 2020
Government, Business

Market Gets Harsh Reminder That COVID Is Its Elemental Risk

A public health worker walks to a tent to administer a COVID-19 test in California. A public health worker walks to a tent to administer a COVID-19 test in Martinez, Calif., on Aug. 4. (David Paul Morris/Bloomberg News)

In 24 hours, investors have learned the jobless rate dropped, Tesla Inc. built more cars than forecast and that someone is back making huge options trades in tech megacaps. None of it mattered in markets captivated by news that not even the White House is safe from COVID-19.

October 2, 2020
Business, Technology, Fuel

Nikola Gets First Sell Rating

Nikola One electric truck The Nikola One prototype. (Nikola Corp.)

Nikola Corp. got its first sell-equivalent rating, with the electric-vehicle startup downgraded to underperform from neutral at Wedbush, citing the loss of a driving force in founder Trevor Milton’s departure, and the threat posed to hydrogen fuel’s appeal by Tesla Inc.’s “eye-popping battery innovations.”

Kit Rees | Bloomberg News
September 24, 2020
Government, Business, Technology

Stocks Hit Six-Week Low as Tech Slide Accelerates

An investor looks at stock price movements on screens at a securities company in Beijing. An investor looks at stock price movements on screens at a securities company in Beijing. (Nicolas Asfouri/AFP/Getty Images)

Technology shares pushed U.S. stocks to a six-week low as investors searched for new catalysts to give direction to global markets. The dollar strengthened and Treasuries were little changed.

September 18, 2020
Business, Technology, Fuel

Nikola Slumps After Denial of Short Seller Report

Nikola Founder Trevor Milton said he would give away shares to 50 employees. Nikola founder and Executive Chairman Trevor Milton is seen here in a screenshot from TT's Newsmakers series. (Transport Topics)

Just days after announcing a $2 billion agreement with General Motors, Nikola Corp. is fighting back against a “short seller” accusing the startup of deception and lying about its electric technology.

Dan Ronan | Associate News Editor
September 11, 2020
Government, Business, Technology

US Stocks Resume Sell-off With Tech Battered Anew

Stocks resumed their sell-off today as tech stocks dropped. (Soichiro Koriyama/Bloomberg News)

A fresh sell-off in megacap technology shares sent stocks to the fourth loss in five days as investors remain worried that valuations stretched too far in a five-month rally. Treasuries rose with the dollar.

September 10, 2020
Government, Business

US Stocks Sink to 4-Week Low in Latest Tech Rout

U.S. stocks sank on Sept. 8 to a four-week low. U.S. stocks sank on Sept. 8 to a four-week low. (Spencer Platt/Getty Images via Bloomberg News)

The selloff in U.S. technology shares picked up speed as investors fled the high fliers who fueled the historic five-month rally from the pandemic lows. Oil plunged, while Treasuries rose with the dollar.

September 8, 2020

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