It’s the best monthly performance for the stock since since going public more than two years ago: SPCE is up 66% since Jan. 1.
Stocks open with broad gains, including new record highs for the S&P 500 and Nasdaq Composite, amid easing fears about coronavirus and positive earnings results; Dow +0.3%, S&P +0.4%, Nasdaq +0.6%.
Tesla (NASDAQ:TSLA) shares are up another 3% premarket, lifting gains over the last 24 hours past 10% and extending a record run with a market cap of over $100B.
Stocks slipped from all-time highs following news of the first reported case of the coronavirus in the U.S., apparently feeding into the slower growth narrative that had provided some investors with a convenient excuse to take profits.
Stocks are mixed in midday trading as real estate and information technology climb while energy and materials slide.
Stocks tick slightly into the red at the open amid some concern that a virus outbreak in China could hurt economic activity; Dow -0.1%, Nasdaq -0.2%, S&P 500 -0.3%.
Boeing (NYSE:BA) is looking to banks for additional funds to meet rising costs tied to the Boeing 737 Max crashes and production suspension.
Stocks finished with modest gains to extend a strong weekly performance that saw the three major market indexes rise to record highs amid strong global economic data and a solid start to the earnings season.
The three major U.S. stock averages pare gains after touching all-time record highs, a familiar pattern this week.
Stocks continue to ride higher, extending all-time highs on the major U.S. indexes, following a series of positive economic reports; Dow and Nasdaq +0.1%, S&P +0.2%.
A bruising trade war with the U.S. and sputtering investment saw China’s economic growth grow by 6.1% last year, as a slowdown rippled through many sectors of the Chinese economy.
Stocks extended their bullish momentum in a broad advance that carried the S&P 500 past 3,300 for the first time and the other main U.S. indexes to record highs, helped by solid retail sales data and a strong quarterly report from Morgan Stanley.
“Today’s market, where non-OPEC production is rising strongly and OECD stocks are 9M barrels above the five-year average, provides a solid base from which to react to any escalation in geopolitical tension,” the IEA said in its monthly report.
Stocks march to new record highs at the open, as investors shift focus to corporate earnings after yesterday’s signing of the phase one U.S.-China trade deal; S&P and Dow both +0.5%, Nasdaq +0.8%.
Stocks finished with slim gains, with the Dow posting a new record closing high, after the U.S. and China signed the much-anticipated phase one trade agreement, as the market which has rallied for several months on optimism over the deal showed little reaction to the actual news.
Stocks tick higher at the open ahead of today’s signing of the U.S.-China phase one trade deal and as the corporate earnings season ramps up; Dow +0.3%, S&P 500 and Nasdaq both +0.2%.
The U.S. and China will start to work on a second phase to their trade agreement as soon as the first phase “kicks in”, said President Trump at the ceremony to sign the accord.