Red Results

Indices closed in the red zone on Monday, May 20, 2019. Technology brands including Apple, Amazon, Netflix and Facebook traded lower on trade tensions. Meanwhile, shares of other tech companies including Alphabet, Broadcom, Qualcomm, Intel and Xilinx sold off after suspending business with China’s Huawei Technologies. On another note, crude oil ticked up to a…

Stocks Slip as Talks Halt

Indices closed in red territory on Friday, May 17, 2019. Brands including Caterpillar, Intel and 3M dipped on news that trade talks with China are at an impasse. Earlier in the session, markets lifted on reports that the United States, Canada and Mexico agreed on a plan to remove duties on steel and aluminum. On…

Stocks Step Up

Indices ended trading with gains on Thursday, May 16, 2019. Brands including Walmart and Cisco stepped up following the release of favorable quarterly data. Meanwhile, World Fuel Services and Curtiss-Wright Corp boosted their dividend which led both brands to tick up, by 3.41% and 3.07% respectively. On another note, crude oil prices increased. West Texas…

Brands Rise on Tariff Delay

Indices closed in the green zone on Wednesday, May 15, 2019. Brands rebounded amid word of a delay on auto tariffs. Cisco released data after the closing bell. Earnings and revenue for the network gear titan exceeded expectations, and shares jumped in post-session moves. Looking ahead, Walmart will report quarterly details on Thursday. This article…

Stocks Slip on Tariff Tensions

Indices closed in red territory on Monday, May 13, 2019. The Dow and S&P 500 experienced their worst day since the beginning of the year. Brands including Boeing and Apple sold off amid tariff tensions. The iPhone innovator lost a court decision that could potentially end the 30% commission it charges on app sales. On…