Page 2 - Us Stock

GameStop to sell up to 3.5 mn of shares 2 months after price sky-rocketed

Two months after a market phenomenon took shares of GameStop to the moon, the video game retailer said Monday that it will sell up to 3.5 million of its shares with the price still vastly elevated.

Investors prepare for more market swings as coronavirus spreads in US

The United States has in recent days received a taste of the types of disruptions that the virus has wrought in other countries, including Italy and South Korea.

US Fed rate cut was expected; virus containment to drive markets: Analysts

In a statement, the US Fed said it was cutting rates by a half percentage point to a target range of 1 per cent to 1.25 per cent

US stocks fall, GE hits its lowest level since 2011, energy shares plunge

GE fell 5.9 per cent to $17.90 in the largest daily volume in two years

US stocks, dollar helped by solid payrolls

Labor Department non-farm payrolls data shows that U S employers added 161,000 jobs last month and boosted wages for workers