S&P 500, Dow drop as Buffett ditches airlines, China tensions flare
The S&P 500 and Dow Jones dropped for the third session on Monday following a U.S.-China dispute over the origins of the coronavirus outbreak and a move by billionaire Warren Buffett’s Berkshire Hathaway to dump stakes in major U.S. airlines.
Massive U.S. stock bounce stokes doubts, provokes bears
Investors are treating the U.S. equity market’s blistering rally with a dose of caution, socking away cash, staying on the sidelines or buying insurance against a reversal even as markets scream higher in the midst of the coronavirus pandemic.
Amazon plans to extend closure of French warehouses until May 8
Amazon plans to extend the closure of its French warehouses until May 8 included, the e-commerce giant said on Monday.
Oil up as countries ease lockdowns, but U.S.-China spat weighs
Oil rose on Monday as more countries announced they would begin easing coronavirus lockdowns and crude supply cuts take hold, though a fresh spat between the United States and China over the origin of the virus limited the rise in prices.
S&P 500, Dow dip as Buffett ditches airlines, China tensions flare
The S&P 500 and Dow Jones dropped for the third session on Monday following a U.S.-China spat over the origins of the coronavirus outbreak and billionaire Warren Buffett’s Berkshire Hathaway’s move to dump stakes in major U.S. airlines.
Coronavirus will constrain U.S. meat supply despite Trump order: Tyson Foods
The coronavirus crisis will continue to idle U.S. meat plants and slow production, Tyson Foods Inc said on Monday, signaling more disruptions to the U.S. food supply after U.S. President Donald Trump ordered facilities to stay open.
Ferrari slowed by coronavirus, but not driven off course
Luxury sports car maker Ferrari still expects to make more than $1 billion in core profit this year, providing a relative beacon of stability in an auto industry ravaged by the coronavirus crisis.
Wells Fargo receives ‘outstanding’ rating for community lending
Wells Fargo & Co said on Monday it has received an “outstanding” rating on a U.S. regulatory test for community lending between 2012 and 2018.
S&P 500, Dow dip as Buffett dumps airlines, China tensions flare
The S&P 500 and Dow Jones dropped for the third session on Monday following a U.S.-China spat about the origins of the coronavirus outbreak, while major carriers slumped after billionaire Warren Buffett’s Berkshire Hathaway dumped its stakes in the sector.
Crude prices mixed as lockdowns ease, U.S.-China tensions threaten demand
Oil prices were mixed on Monday as countries started to ease coronavirus lockdowns, though a fresh spat between the United States and China over the origin of the virus weighed on prices.
