While you were sleeping: eBay rallies as it drops PayPal
By Margreet Dietz Feb. 2 (BusinessDesk) - Wall Street rose, bolstered by better-than-expected corporate earnings including from Facebook and eBay. Shares of Facebook traded 4 percent stronger as of 1.33pm in New York, while those of eBay jumped 15.3 percent. EBay shares...
While you were sleeping: Boeing rallies, Treasuries slide
By Margreet Dietz Feb. 1 (BusinessDesk) - Wall Street climbed, bolstered by a rally in Boeing shares following better-than-expected results, while US Treasuries slid amid concern about additional supply and interest rate increases. Boeing shares led the Dow Jones Industrial...
While you were sleeping: Amazon shakes up US health care
By Margreet Dietz Jan. 31 (BusinessDesk) - Wall Street dropped, as did US Treasuries, as investors reassessed valuations, while plans by Amazon, Berkshire Hathaway and JPMorgan Chase to form a new health-care company weighed on the industry’s shares. In 1.34pm trading in N...
While you were sleeping: Wall St, Treasuries slide
By Margreet Dietz Jan. 30 (BusinessDesk) - Wall Street moved lower, as did US Treasuries, as investors prepared for a week that includes a Federal Reserve meeting, US President Donald Trump’s first State of the Union address and a slew of corporate results including from Faceb...