Why WWE Stock Just Got Body Slammed

The Dow is eyeing its first monthly close in the red since August

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Midday Market Check
 
 

1/31/2020

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Coronavirus Fears Overshadow Big Amazon Win

By Lillian Currens

Share On

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...
LATEST HEADLINES

>> 3 Earnings Winners to Watch Today
AMZN, VRTX, and DECK stocks are earnings winners this morning
>> Speedway Spinoff Buzz Has Marathon Stock Popping
A tweet from a Bloomberg reporter said Marathon was exploring the sale of its Speedway unit
>> IBM Surges on C-Suite Exit
IMB's CEO Ginni Rommetty will be replaced by its cloud business head Arvind Krishna
>> Stocks Eye Mixed Open on Earnings, Coronavirus Updates
The WHO has declared the coronavirus a global public health emergency
>> Gold Surges, Stocks Eke Out a Win
Facebook carved out a heavy day for stocks
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