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Tag Archives: double and triple digit gains

Oil jumps 4% on eve of OPEC meeting after larger-than-expected drop in US inventories

Oil gained more than 4% on Wednesday, as a larger-than-expected drop in U.S. inventories and hopes of deeper production cuts from OPEC lifted prices. U.S. West Texas Intermediate crude futures gained $2.29, or 4%, to trade at $58.39 a barrel … Continue reading

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5 things to know before the stock market opens Tuesday

1. Dow to drop over 200 points at open after Trump’s China trade comments U.S. stock futures were pointing to a sharply lower Wall Street open on Tuesday after President Donald Trump told reporters in London it might be better … Continue reading

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Best Buy shares surge after beating expectations and raising forecast

Best Buy shares surged more than 4% in premarket trading after reporting earnings and revenue that beat analysts’ expectations while also raising its earnings guidance. Here’s what analysts are expecting, based on a survey of analysts by Refinitiv: Earnings per … Continue reading

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Investors are left to wonder if the stock market rally is resting or rolling over

This month has become a sideways “slowvember” slide in recent weeks, with stocks remarkably steady near record highs, as investors are again left to wonder if the tape is resting or rolling over. The August lows in both the S&P … Continue reading

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Charles Schwab to buy TD Ameritrade in a $26 billion all-stock deal

Charles Schwab on Monday announced plans to buy discount brokerage rival TD Ameritrade in an all-stock deal valued at $26 billion. As part of the agreement, Ameritrade stockholders will receive 1.0837 Schwab shares for every share held. The deal is … Continue reading

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