Big 3 U.S. Drug Distributors, J&J Reach Landmark $26 Billion Opioid Settlement
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Stock market news live updates: Wall Street shakes off COVID blues, aim for 2nd day of gains
Yahoo Finance Stock market news live updates: Wall Street shakes off COVID blues, aim for 2nd day of gains Javier E. David Javier E. David·Editor focused on markets and the economy Wed, July 21, 2021, 1:30 PM In this article: GOOG +0.65% GOOGL +0.61% NFLX -3.99% BTC-USD +7.99% ^IXIC +0.66% Explore the topics mentioned in this article tracking My Watchlist Vaccine View my watchlists tracking My Watchlist Vaccine View my watchlists tracking My Watchlist Vaccine View my watchlists tracking My Watchlist Vaccine View my watchlists tracking My Watchlist Vaccine View my watchlists Stocks rallied on Wednesday, targeting a second day of gains following a session in which investors momentarily cast aside their fears that a resurgence of COVID-19 cases might derail a red-hot economic recovery. Strong earnings provided a ballast to beaten-down markets, and industry bellwethers Coca-Cola (KO), Johnson & Johnson (JNJ) and Verizon (VZ) gave investors reason to focus on the fundamentals. All three companies topped market expectations, converging with sentiment that drove Tuesday's rally in a market that's seen very little downside in recent months. Read more...
Analysis: Investors look to near $2 trillion corporate cash hoard to buoy stocks
NEW YORK (Reuters) - Investors are looking to a mounting pile of cash at U.S. companies to provide support for the stock market in coming months, as executives announce plans to increase share buybacks, boost dividends or pour money back into their businesses. Cash on the balance sheets of S&P 500 companies has swelled to a record $1.9 trillion, compared to $1.5 trillion before the pandemic crisis in early 2020, according to Keith Lerner, chief market strategist at Truist Advisory Services. Article continues...
Harley-Davidson Launches H-D1 Marketplace For Pre-Owned Motorcycles
Harley-Davidson Inc (NYSE: HOG) has launched H-D1 Marketplace on H-D.com, an online destination to sell and purchase pre-owned Harley-Davidson motorcycles across North America. read... Click to continue reading this article...
Oil Futures Settle Sharply Higher Amid Tight Supplies At The U.S. Storage Hub
Oil futures rallied Wednesday, with U.S. prices recouping much of their recent losses to finish back above the $70-a-barrel mark. Prices have rebounded after suffering a steep drop on Monday of more than 7%, the biggest daily decline of the year as the spread of the delta variant of the coronavirus threatened the outlook for oil demand. The Energy Information Administration on Wednesday reported an unexpected weekly rise in U.S. crude supplies, but also revealed that stocks at the Cushing,... More here...
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