Us Stocks Jumps
US stocks rise after oil eases and SpaceX soars in its debut on Wall Street
US stocks rose Friday after oil prices fell again, and SpaceX soared in its highly anticipated debut on Wall Street. The S&P 500 added 0.5% to close out its 10th winning week in the last 11. The Dow Jones Industrial Average climbed 353 points, or 0.7%, and the Nasdaq composite gained 0.3%. Stocks got a lift from a 3.4% drop for the price of Brent crude oil to $87.33 per barrel, deepening its loss for the week. Oil prices have come down since President Donald Trump on Thursday called off his threat to launch strikes on Iran and said a potential deal with Iran may be imminent. A deal to end the war could reopen the Strait of Hormuz and allow oil tankers to once again deliver crude from the Persian Gulf to customers worldwide. Its near closure since the war began has sent the price of Brent up from roughly $70 per barrel and caused a wave of painful inflation for the world. Of course, financial markets have rallied in the past on hopes that an end to the war with Iran was near, ...
 "US stocks rise after oil eases and SpaceX soars in its debut on Wall Street")
Herbal medicine firm Regencell Bioscience skyrockets 60,000%, stuns market
A Hong Kong-based herbal medicine firm with 12 employees is now worth $39 billion. Why Regencell Bioscience sparked a 60,000% YTD stock surge?
 "Herbal medicine firm Regencell Bioscience skyrockets 60,000%, stuns market")
Wall Street hits one-week high as optimism grows over Trump tariffs
In a week packed with economic data and speeches from US Federal Reserve officials, investors will look for clues on the pace of monetary policy easing this year
 "Wall Street hits one-week high as optimism grows over Trump tariffs")
Eli Lilly closer to joining Magnificent Seven in $1 trn market cap club
"Could Lilly be the first $1 trillion biopharma stock?" Morgan Stanley's Terence Flynn and colleagues asked in a note to clients. "We continue to see a path for further upside"
 "Eli Lilly closer to joining Magnificent Seven in $1 trn market cap club")
Earnings optimism helps Wall St shrug off rising yields, Dow rises 300 pts
Shares of megacap companies like Microsoft Corp, Apple Inc and Amazon, typically sensitive to bond yields, jumped more than 1% despite hawkish comments from St. Louis Federal Reserve Bank President
 "Earnings optimism helps Wall St shrug off rising yields, Dow rises 300 pts")
Wall Street roars back ahead of Fed policy decision; Microsoft shines
Wall Street's main indexes climbed after two turbulent sessions and ahead of the outcome of a Federal policy meeting, with a stellar outlook from Microsoft boosting technology stocks
 "Wall Street roars back ahead of Fed policy decision; Microsoft shines")
US stocks gain as investors weigh Covid-19 impact on economic recovery
The S&P US Listed China 50 index, which is designed to track the performance of the 50 largest Chinese companies listed on US exchanges by total market cap, logged a weekly rise of 6 per cent
 "US stocks gain as investors weigh Covid-19 impact on economic recovery")
Nasdaq hits new record on swift economic recovery hopes; Dow up 220 points
The benchmark S&P 500 and the Dow are now 5.5% and 7.4% away from their respective closing highs, after surging more than 45% from their pandemic lows
 "Nasdaq hits new record on swift economic recovery hopes; Dow up 220 points")
Oil futures, crude prices gain with US stocks after coronavirus scare
On Monday, both contracts dropped to their lowest since October, on track for their biggest monthly declines since May.
 "Oil futures, crude prices gain with US stocks after coronavirus scare")
US stocks hit all-time high on rising optimism for trade deal with China
The week greeted investors with several doses of positive news, as the signs of progress joined with expectations for further monetary stimulus from the Fed after its Wednesday meeting
 "US stocks hit all-time high on rising optimism for trade deal with China")
Wall Street plunges after steep losses, boosted by Boeing's shares
The Nasdaq Composite added 43.36 points
 "Wall Street plunges after steep losses, boosted by Boeing's shares")