Asian stocks were set to join a global sell-off on Thursday as worries about surging coronavirus cases in Europe and the United States sent investors scrambling for safe-haven assets.
Exxon Mobil Corp on Wednesday kept its fourth-quarter dividend flat at 87 cents a share, signaling 2020 will be the first year since 1982 that the U.S. oil producer has not raised its shareholder payout.
NEW YORK: Wall Street stocks plunged on Wednesday (Oct 28) on rising worries about coronavirus lockdowns as France and Germany announced tough new restrictions and US cases continued to climb. The Dow Jones Industrial Average slumped 3.4 per cent, or more than 940 points, to 26,519.95. The broad ...
A defense lawyer for Huawei executive Meng Wanzhou accused a Canadian policeman on Wednesday of giving a "not honest" reply during the ongoing hearing on whether the Chinese national should be extradited to the US.
Visa 4Q profits plunge as pandemic slows payments worldwide
Financial stocks have lagged the broader equity market since the start of the year and since the late March crisis-low. But not all stocks are created equal in the S&P index that tracks the industry, which is down 23per cent year-to-date.
Ford Motor Co on Wednesday posted a better-than-expected quarterly profit on strong U.S. demand for pickups and SUVs, and forecast a full-year profit instead of a loss.
Wall Street's "fear gauge" is on track for its biggest weekly jump since March as investors worried about rising U.S. and European coronavirus cases, the lack of fiscal stimulus and uncertainty about the U.S. presidential election outcome.
Visa Inc reported a 23per cent drop in quarterly profit on Wednesday, as spending volumes at the payment processor sank due to the COVID-19 pandemic.
E-commerce firm eBay Inc's quarterly revenue topped Wall Street expectations on Wednesday, as people staying at home due to the COVID-19 pandemic flocked to bigger rivals for online shopping.
