The Dow is eyeing its first monthly close in the red since August
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| | | 1/31/2020 | |
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| Coronavirus Fears Overshadow Big Amazon Win | | By Lillian Currens | | The Dow Jones Industrial Average (DJI) has slipped even further below breakeven by midday as fears over the coronavirus completely overshadow any other corporate news. The S&P 500 Index (SPX) isn't close behind, while the Nasdaq Composite Index (IXIC) erased its early morning gains, despite an impressive earnings report from Amazon.com (AMZN), which continues to buck the broad-market trend at the halfway point today. Now, the blue-chip index is eyeing its first monthly close in the red since August. Continue reading for more on today's market, including:
- The spinoff buzz that has Marathon Petroleum stock sprinting.
- Behind one blue chip's big C-suite shakeup.
- Plus, bulls blast PFE after CHMP nod; NAV stock keeps climbing; and WWE stock gets body slammed on surprise resignation.
| | >> Continue reading... | |
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