Daily Stock Market Reports

Browsing Category

Top Stocks

Why Apple Stock Is Falling Today

What happened  Shares of Apple (AAPL -2.97%) were tumbling today after a Bloomberg report said that the company is walking back plans to boost iPhone production. This news worried Apple shareholders, sending the tech stock down by 2.9% as of 12:14 p.m. ET.  So what Apple had originally told its suppliers to prepare for increased production as…
Read More...

Risk Off, Dollar Up, Stocks and Commodities Dow

Markets remain firmly in the grip of risk-off sentiment, as the US Dollar Index and US Treasury Yields reach further long-term highs, and stocks and commodities tumble.   Advertisement  Following last week’s rate hike by the US Federal Reserve, markets remain firmly in risk-off mode, with the US Dollar Index rising powerfully to reach new…
Read More...

Why Carvana Stock Fell Hard Today

What happened  Shares of the online car-buying company Carvana (CVNA -6.72%) were falling once again today, after plunging 20% just last week. There wasn't any company-specific news driving the stock down today. Instead, investors were likely following the broader market slide today as the Nasdaq Composite fell 0.6% and the S&P 500 tumbled…
Read More...

Sterling collapses as investors fly into dollars

SYDNEY : Sterling slumped to a record low on Monday as investors piled in to dollars and out of almost everything else, spooked by the prospect of high interest rates and poor growth ahead.The pound plunged nearly 5per cent at one point to US$1.0327, breaking below 1985 lows as confidence in Britain's economic management and assets…
Read More...