123.72 -0.22 (-0.18%)
After hours: 6:39PM EDT
Triple Moving Average Crossover
|Bid||123.76 x 1000|
|Ask||123.80 x 900|
|Day's Range||122.81 - 124.15|
|52 Week Range||101.44 - 133.38|
|Beta (5Y Monthly)||0.32|
|PE Ratio (TTM)||23.88|
|Earnings Date||Aug 18, 2020|
|Forward Dividend & Yield||2.16 (1.74%)|
|Ex-Dividend Date||Aug 13, 2020|
|1y Target Est||135.06|
According to a report from RBC Capital Markets, the effects of the civil unrest is a “potentially negative development for stocks." Yahoo Finance's Sibile Marcellus joins The First Trade to discuss.
Among the Dow Jones stocks, Apple and Microsoft are among the top stocks to buy and watch in June 2020.
California's attorney general on Tuesday submitted proposed regulations for approval under the state's new digital privacy law, which gives Americans the right to request that their data be deleted from e-commerce websites and social media. The California Consumer Privacy Act (CCPA), effective since the start of 2020, is a key piece of regulation overseeing the data collection practices of U.S. companies. It allows state residents to opt out of having data sold to third parties.
Here's why stocks continue to be in rally mode despite the horrors sweeping America right now.
Low yields and safe payout ratios indicate businesses that could double their dividends in the future.
In the nearly 32 years I have worked at my Walmart store in Kenosha, Wisconsin, I’ve seen a lot of changes — from the products we sell, to the associates I work with, to the customers who come through our doors. Walmart’s response to Covid-19 — slow, inadequate, failing to prioritise our health and public health — underscores why workers like me need a voice in shaping corporate policy. A study by United for Respect found that it took weeks — in some cases almost two months — for Walmart fully to adopt Centers for Disease Control recommendations for employers.
U.S. stocks posted gains on Monday as signs of U.S. economic recovery helped offset jitters over increasingly violent social unrest amid an ongoing pandemic and rising U.S.-China tensions. Market leaders Facebook Inc, Apple Inc and Amazon.com provided the biggest lift to the S&P 500 and the Nasdaq, while Boeing Co gave the Dow its biggest boost. "Certainly the pace of the stock market recovery can't continue at the pace it has been," said Paul Nolte, portfolio manager at Kingsview Asset Management in Chicago.
Target, Walmart, Nike and Apple were among major companies closing retail stores in the wake of massive protests and widespread looting across the country.
Wall Street stocks posted modest gains on Monday as signs suggesting the U.S. economy may be on the road to recovery helped soothe jitters over increasingly violent social unrest and rising U.S.-China tensions. Market leaders Apple Inc, Amazon.com and Facebook Inc provided the biggest lift to the S&P 500 and the Nasdaq, while Boeing Co provided the blue-chip Dow with its biggest boost.
The Dow Jones Industrial Average (DJINDICES: ^DJI) shook off some truly bad news on Monday, up about 0.2% at 11:40 a.m. EDT. Just as the U.S. economy was beginning to recover from the novel coronavirus pandemic, civil unrest in major U.S. cities threatened to impede that recovery. Shares of Apple (NASDAQ: AAPL) and Walmart (NYSE: WMT) made only small moves as the companies closed some stores on Sunday due to the unrest.
Wall Street's major indexes rose on Monday as investors chose to look past violent protests across the country over racial inequality and focused more on economic data that bolstered views of a quick post-pandemic recovery. U.S. manufacturing activity eased off an 11-year low in May, an Institute for Supply Management (ISM) survey showed, the strongest sign yet that the worst of the economic downturn was behind as businesses reopen.
U.S. stocks struggled for direction on Monday as investors weighed prospects of a post-pandemic economic recovery against protests across the country over race and an ongoing standoff between Washington and Beijing. U.S. manufacturing activity eased off an 11-year low in May, an Institute for Supply Management (ISM) survey showed, the strongest sign yet that the worst of the economic downturn was behind as businesses reopen.
U.S.-China tensions are escalating again, but this time the market may notice. January’s trade deal is being threatened as China halts its purchases of U.S. agricultural products in response to the U.S. revoking Hong Kong’s privileged status. Who will blink first?
U.S. stocks edged higher on Monday on prospects of a post-pandemic economic recovery, but the sentiment remained fragile amid protests across the country over race and an ongoing standoff between Washington and Beijing. U.S. manufacturing activity eased off an 11-year low in May, an Institute for Supply Management (ISM) survey showed, the strongest sign yet that the worst of the economic downturn was behind as businesses reopen. The three main indexes had opened lower as National Guard troops were deployed over the weekend in 15 states and Washington, D.C. in an attempt to quell a sixth night of violence that began with peaceful protests over the death of a black man, George Floyd, in police custody.
In this episode of MarketFoolery, Chris Hill chats with Fool.com contributor Dan Kline about the latest news from the markets. They look at the retail space and how retail businesses are serving underserved communities.
U.S. retailers large and small have closed some of their stores across the country because of disruptions caused by the widespread street protests over the police killing of George Floyd in Minneapolis.
Futures tracking the S&P 500 index were trading flat on Monday following a strong showing in May, as investors turned cautious after protests erupted across the country over race, and simmering tensions between Washington and Beijing heated up. National Guard troops were deployed in 15 states and Washington, D.C. on Sunday in an attempt to quell a sixth night of violence that began with peaceful protests over the death of a black man, George Floyd, in police custody.
The warehouse retailer does a lot of things well, but online retail hasn't traditionally been one of them.
Walmart Inc's Indian e-commerce unit Flipkart said on Monday it would re-apply for a food retail license in India after reports said its earlier proposal was rejected by the government last week. India's Department for Promotion of Industry and Internal Trade (DPIIT) last week rejected the e-tailer's proposal to sell food products through online and mobile platforms, the Times of India newspaper reported https://bit.ly/2XNtkhc on Monday. "We are evaluating the department's response and intend to re-apply as we look to continue making a significant impact on small businesses and communities in India," the company said in a statement.
U.S. stock index futures slipped on Monday following a strong showing in May, as investors turned cautious after violent protests across the country over race as well as simmering tensions between Washington and Beijing. National Guard troops were deployed in 15 states and Washington, D.C. on Sunday in an attempt to quell a sixth night of violence that began with peaceful protests over the death of a black man, George Floyd, in police custody. Target Corp and Walmart Inc shuttered stores, while Amazon.com Inc scaled back deliveries amid the unrest that included looting in many cities.
The Indian government has rejected Flipkart’s proposal to enter the food retail business in a setback for Walmart, which owns a majority of the Indian e-commerce firm and which recently counted its business in Asia’s third-largest economy as one of the worst impacted by the global coronavirus pandemic. The Department for Promotion of Industry and Internal Trade (DPIIT), a wing of the nation's Ministry of Commerce and Industry, told Flipkart, which competes with Amazon India, that its proposed plan to enter the food retail business does not comply with regulatory guidelines -- though it did not elaborate, according to a person familiar with the matter. Rajneesh Kumar, chief corporate affairs officer at Flipkart, told TechCrunch that the company was evaluating the agency's response and intended to re-apply.
Target Corp <TGT.N> and Walmart said on Sunday they shuttered stores across the United States as retailers already reeling from closures because of the coronavirus pandemic shut outlets amid protests that included looting in many U.S. cities. Protests turned violent in places including New York and Chicago following the death in Minneapolis of a black man, George Floyd, seen on video gasping for breath as a white police officer knelt on his neck. In Los Angeles, protests led to the looting of the Alexander McQueen clothing store on Rodeo Drive, and a Gucci store on the vaunted strip was marked with the graffiti slogan: "Eat the rich," according to local media reports.
Walmart stores suffer damage from the George Floyd protesting and looting in some cases.
U.S. stock-index futures headed south in thin trading Sunday evening following a weekend of violent protests over the death of a black man, George Floyd, early last week in Minneapolis while in policy custody. The protests, spanning from Los Angeles to New York, resulted in violent clashes between civilians and law enforcement, and led some to speculate that it could complicate efforts by cities and states to recover from one of the worst public health disasters in more than century. "The indirect impact on the fragile collective psyche of businesses and consumers could be more serious," Mark Zandi, chief economist of Moody's Analytics, told MarketWatch. "Just when people were starting to come out of the proverbial bunkers, the protests may be too much for them, and they will go back in," he speculated, referencing consumers reluctance to go out shopping in the wake of the viral outbreak. "The protests are also symptomatic of just how deep the economic problems and racial tensions go in our country," the economist said. Although the riots, fueled by deep-seeded concerns about racial injustice in America, aren't expected to have long-term economic implications, protests did slam the stores of major retailers owned by Target Corp. , Walmart Inc. and Nike Inc. , which are still swooning from the pandemic and were caught up in looting and vandalism that ensued during the weekend protests. Apple Inc. also said it would close some of its stores due to looting fears. Futures for the Dow Jones Industrial Average were off 160 points, or 0.6%, at 25,217, those for the S&P 500 index were 0.6% lower at 3,023.75, while Nasdaq-100 futures were 0.6% lower at 9,507.75. The protests across many major cities in the U.S. center on the death of Floyd, who is black, and perished on Monday following a confrontation with police in Minneapolis in which one officer, Derek Chauvin, was captured on videos driving his knee on Floyd's neck until the handcuffed man lost consciousness and later died. To be sure, investors will be focused on the continued reopening of states and local businesses following lockdowns intended to halt the spread of the deadly illness derived from the novel strain of coronavirus. Intensifying conflicts Sino-American friction may also influence trading. On Friday, the Dow booked a weekly gain of 3.8%, while the S&P 500 finished 3% higher and the Nasdaq Composite Index ended the period 1.8% higher. For May, the Dow logged a 4.3% gain, the S&P 500 climbed 4.5%, while the Nasdaq marked a 6.8% return in May.