Tesla Bull Case Raised Above $2,000 a Share at Morgan Stanley
Morgan Stanley analysts lifted their bull-case price target for Tesla Inc. to $2,070 after an “extraordinary” rally saw the stock overshoot a previous best-case scenario of $1,200. But they still don’t recommend buying Tesla shares.
US Stocks Rally, Sending Nasdaq to Record High
U.S. stocks jumped, with tech shares pushing the Nasdaq Composite to a record high. The dollar fell for a fifth day and Treasuries dipped.
Hertz Halts Plan to Sell ‘Worthless’ Stock on SEC Scrutiny
Hertz suspended plans to raise cash by selling new shares that the bankrupt car renter described as potentially “worthless” after its proposal failed to pass muster with regulators.
Stocks Vault Higher as Nasdaq Hits Record on Economy Hopes
NEW YORK — The Nasdaq composite wiped away the last of its coronavirus-induced losses to set a record June 8.
Stocks Rise With Weak Data Set Aside; Oil Jumps
U.S. stocks rose as traders looked past trade jitters and weak economic data. Treasuries fell. Oil jumped.
Stocks Slide on Powell Remarks, US-China Worries
U.S. stocks slumped to a three-week low after Jerome Powell warned economic risks from the virus are significant and tensions with China flared. Treasuries and the dollar advanced.
May 13, 2020Stocks Gain as Oil Extends Rally for Fourth Day
U.S. stocks kicked off the week on a positive note, rallying late in the session to close higher as crude oil gained for a fourth consecutive day.
Stocks Claw Higher Worldwide; Oil Prices See Some Recovery
Stocks around the world are clawing higher on April 22, and the S&P 500 climbed toward its first gain of what’s been a dismal week.
Wall Street Caps Best Week Since 1974 on Fed’s Latest Stunner
Wall Street closed out its best week in 45 years on April 9 after the Federal Reserve launched its latest titanic effort to support the economy through the coronavirus outbreak.
Dow Has Best Day Since 1933 as Congress Nears Deal
The Dow Jones Industrial Average surged to its best day since 1933 as Congress and the White House neared a deal March 24 to inject nearly $2 trillion of aid into an economy ravaged by the coronavirus.