|Day's Range||3,108.99 - 3,182.51|
|52 Week Range||2,722.27 - 3,393.52|
On Wednesday, stocks ended mixed over a resurgence in coronavirus worries. Yahoo Finance's Myles Udland gives a lookahead at some of the stories that will be making headlines on Thursday.
Peter Tchir, Academy Securities' Head of Macro Strategy, joins The Final Round to discuss the latest market volatility, and how the coronavirus outbreak could continue to impact stocks.
Nuveen Head of Fixed Income Strategy Tony Rodriguez and Duff & Phelps Chief Strategist Chris Campbell joins Yahoo Finance’s Seana Smith on The Ticker to discuss this week's market volatility and how the coronavirus could impact the global economy.
As the global markets continue to grapple with fears of the coronavirus, there have been 81,191 confirmed cases. Leon Levy, Eurasia Global Macro Analyst joins Yahoo Finance’s On The Move to discuss.
Yahoo Finance’s Oscar Williams-Grut joins the On The Move panel to discuss how the coronavirus has impacted the European markets as the virus continues to spread globally.
U.S. crude oil dropped below $50 on Wednesday as Asia, Europe and the Middle East reported new cases of the coronavirus. Bubba Trading Founder Todd Horwitz joins On The Move to discuss the low levels of crude oil and how coronavirus will continue to impact the commodities sector.
Gibbs Wealth Management President & CIO Erin Gibbs and Brigg Macadam Founding Partner Greg Swenson join Yahoo Finance’s Alexis Christoforous, Brian Sozzi and Jared Blikre to discuss the latest trends in market action on The First Trade.
Disney stock is under pressure after CEO Bob Iger announced that he would be stepping aside effective immediately after hours on Tuesday. Brigg Macadam Founding Partner Greg Swenson joins Yahoo Finance’s Alexis Christoforous and Brian Sozzi to discuss the details on The First Trade.
The Dow Jones Industrial Average and S&P 500 marked their fifth consecutive trading day with losses, while the Nasdaq Composite eked out a small gain. The Dow Jones Industrial Average fell 123.77 points, or 0.46%, to close at 26,957.59. The S&P 500 dropped 11.82 points, or 0.38%, to end at 3116.39, while the Nasdaq Composite rose 15.16 points, or 0.17%, to close at 8980.77.
Shares of Nutanix Inc. plunged 20% in aftermarket trading Wednesday after the software company issued a disappointing forecast in conjunction with its latest earnings report. Nutanix posted a net loss of $217.6 million, or $1.13 a share, compared with a loss of $122.8 million, or 68 cents a share, in the year-prior quarter. The company's adjusted loss per share came in at 60 cents compared with 23 cents a year earlier. Analysts surveyed by FactSet were modeling 69 cents. Nutanix's revenue for the quarter rose to $346.8 million from $335.4 million, while analysts had been calling for $341.5 million. For the third quarter, Nutanix expects an adjusted loss per share of 89 cents, as well as revenue from software and support total contract value (TCV) of $300 million to $320 million. Analysts were expecting an adjusted loss of 74 cents a share and revenue for software and support (TCV) of $352 million. For the full fiscal year, Nutanix models software and support (TCV) revenue of $1.29 billion to $1.36 billion, while analysts had been looking for $1.395 billion. Shares have added about 4% so far this year, through Wednesday's close, compared with a 3.5% drop for the S&P 500 over the same span.