Markets

Walmart climbs 6% after earnings crush estimates, boosted by online shopping

Walmart reported quarterly earnings on Tuesday that crushed Wall Street’s estimates, boosted by a huge surge in ecommerce. Shares of Walmart climbed as much as 6% in premarket trading Tuesday before paring those gains to trade lower. Walmart’s ecommerce sales soared 97% in the second quarter, as the coronavirus pandemic […]
Walmart climbs 6% after earnings crush estimates, boosted by online shopping
Markets

Dow surges 680 points as US stocks rebound from their worst day since March

US stocks rose Friday, rebounding from their worst single-day sell-off since March. Thursday’s slide was driven by fears that a second wave of coronavirus cases could devastate the US economy. Stocks tied to an economic reopening – including airlines, cruise operators, and retailers – gained Friday after leading declines the […]
Dow surges 680 points as US stocks rebound from their worst day since March