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Stocks End Down on Concerns of Deteriorating US-China Relations Over Social-Media Apps
4:36PM ET 9/18/2020 MT Newswires

Stocks ended lower Friday amid worries about the deteriorating relationship between the US and China over social-media apps. Investors also appeared...

Nike Receives Price-Target Upgrade at Morgan Stanley With Potential for "Upside Surprise" in Quarterly Results
2:12PM ET 9/18/2020 MT Newswires

Nike (NKE) landed a price-target upgrade on Friday, with Morgan Stanley saying signals about inventory re-stocking have contributed to its view that Wall...

US Oil Rig Count Slips by One, Remains at Historically Low Levels
1:58PM ET 9/18/2020 MT Newswires

Oil rigs operating in the US fell this week to remained at historically low levels, according to data compiled by energy-services firm Baker Hughes (BKR)....

Consumer Confidence Increases in Early September as Focus Turns to Presidential Election, University of Michigan Says
12:53PM ET 9/18/2020 MT Newswires

Confidence among consumers rose in early September, according to data from the University of Michigan, as respondents appeared to be looking past the...

Stocks Under Pressure as US Moves Closer to Shutdown of China-Based Apps WeChat, TikTok
12:28PM ET 9/18/2020 MT Newswires

Stocks declined Friday as Wall Street began wrapping up a likely mixed week for equity benchmarks with worries about deteriorating relations between the US...

US Bans Distribution of TikTok, WeChat as Commerce Department Claims National Security Threat
11:47AM ET 9/18/2020 MT Newswires

The US Department of Commerce banned the distribution and maintenance of TIkTok and WeChat as of Sunday, stepping up its moves against Chinese mobile apps...

Home Depot, Lowe's Ratings Cut to Perform by Oppenheimer Over Concerns of Lower Sales Growth After Pandemic
10:56AM ET 9/18/2020 MT Newswires

The home improvement sector does not appear to be considering the possibility of lower sales growth after the COVID-19 pandemic, Oppenheimer said in a note...

Stocks Edge Lower in Early US Trading as Benchmarks Face Pressure Amid Tensions With China
10:07AM ET 9/18/2020 MT Newswires

Stocks moved lower in early trading on Friday, giving back gains made shortly after the open as US-China tensions emerged over social-media apps and...

Harley-Davidson Sees Rising Demand for Used Motorcycles in Sign of Improving Trends Amid Turnaround, Wedbush Says
8:57AM ET 9/18/2020 MT Newswires

Harley-Davidson (HOG) is seeing demand for motorcycles "up considerably" as used bike sales surge, but that should make bring on positive sales trends in...

Ericsson Agrees to Acquire Cradlepoint for $1.1 Billion to Expand 5G Enterprise Footprint
7:34AM ET 9/18/2020 MT Newswires

Ericsson (ERIC) said Friday it has agreed to acquire Cradlepoint, the Boise, Idaho-based company that makes wireless routers and adapters and has been a...

Market Update

Close Update: Stocks Post Slight Losses for Week as S&P, Nasdaq Tumbles Friday
4:27PM ET 9/18/2020 MT Newswires
Slumping technology stocks helped send major market indexes lower to end the week on a down note. The Dow fell 0.9% to 27,657.42 while the S&P 500 slipped 1.1% to 3,319.47. The Nasdaq Composite Index fell ... Read more