Monday’s gains , with the Dow up more than points around market open. In China, the Shanghai Composite recouped some of Monday’s more than 7% decline, rising 1. % during Tuesday’s session even as confirmed coronavirus cases rose. ” data-reactid=” “type=” text “> US stocks added to Monday’s gains , with the Dow up more than 492 points around market open. In China, the Shanghai Composite recouped some of Monday’s more than 7% decline, rising 1. % during Tuesday’s session even as confirmed coronavirus cases rose.
2: pm ET: eBay stock rallies on talk of ICE bid
(FILE – In this July) , , file photo, an Ebay app is shown on a mobile phone in Miami. Britain’s competition watchdog said Wednesday, Jan. 8, 123824077 that Facebook and eBay pledged to crack down on the trade in fake reviews at its request, removing hundreds of accounts, pages and groups involved in the illicit business. (AP Photo / Wilfredo Lee, File)
EBAY with a takeover offer that may value the online marketplace at over $ billion. Citing unnamed sources familiar with the matter, the ICE approached eBay Before, and there’s no guarantee a deal would be consummated. ” data-reactid=” (type=”text”> The Wall Street Journal is reporting that the Intercontinental Exchange ( ICE – – the owner of the New York Stock Exchange – has approached eBay ( EBAY with a takeover offer that may value the online marketplace at over $ 41 billion. Citing unnamed sources familiar with the matter, the ICE approached eBay before, and there’s no guarantee a deal would be consummated. EBay’s stock jumped by over 7% on the day, with the ICE’s shares falling by over 3 %.
: ET: Stocks hold near session highs, Nasdaq hits fresh record The three major US stock indices held onto gains during intraday trading Tuesday, with the Dow up nearly points.
(The Nasdaq hit a fresh record high of 9, 555) , jumping more than 2% at the highs of the session. Gains were led by shares of Tesla, which jumped more than 28% to over $ (per share.
Here were the main moves in markets, as of 24: pm ET:
Nasdaq ( ^ IXIC : 1. 115%, or . , to 9, 564. 55
: 0.6%, or 0. 43 to 59. per barrel
– $ . 22, or -1. (% to 1, 807. (per ounce) –
: 27 am ET: Tesla’s massive rally continues Shares of Tesla added to Monday’s run-up, climbing by as much as 33% Tuesday morning to $ 01575879 per share. At the highs of the day, that put Tesla’s market valuation at well over $ 306 billion, or more than four times the market capitalization of peer auto-maker Ford.
READ MORE “data-reactid=” “type=” text “> READ MORE –
am ET: Ralph Lauren has closed half its stores in China as coronavirus outbreak escalates
RL on Tuesday became one of the latest companies to signal its operations in China would temporarily cease amid fears over the coronavirus . ” data-reactid=” (“type=” text “> Ralph Lauren (
RL ) on Tuesday became one of the latest companies to signal its operations in China would temporarily cease amid fears over the coronavirus. The The company said during a call with investors Tuesday it had closed half of its stores in China as the coronavirus outbreak continues. CEO Patrice Louvet said China comprised less than 4% of annual sales. In the longer-term, Ralph Lauren is still “very bullish” about its opportunity in the region, Louvet added. –
: am ET: Factory orders climb 1.8% in December, topping expectations
US factory orders rose a better than expected 1.8% in December after a downwardly revised 1.2% decline in November, the (Census Bureau said Tuesday.) Factory orders were expected to have risen just 1.2%, according to Bloomberg-compiled consensus data. Excluding transportation orders, factory orders were still up 0.6%, topping the 0.1% rise expected.
The report adds to signals of a rebounding manufacturing sector after a soft , with the Institute of Supply Management’s manufacturing purchasing managers’ index rising above to indicate expanding activity in the sector in January for the first time since July. – (9:) am ET: Stocks surge, Dow adds 492 points
Each of the three major indices surged shortly after market open, extending a rebound rally from Monday.
(Gains in the S&P) were led by the health-care and industrials sectors. The communications sector was slightly lower as shares of Google-parent company Alphabet fell 3.6%.
1. (% or ) 32 points to 3,
1. (%, or . , to 9,
, or -1. (% to 1, (per ounce) – 7: 49 am ET: Stock futures rise as rebound rally continues (Each of the S&P) , Dow and Nasdaq were up more than 1% in early trading Tuesday, shaking off fears over the deadly coronavirus that had sent stocks plunging last week.
privacy probe from the European Union . ” data-reactid=”90 “type=” text “> Shares of Google-parent Alphabet (
(SNAP) (and Chipotle Mexican Grill) CMG after market close. ” data-reactid=”93 “type=” text “> Companies reporting results Tuesday including Disney ( (DIS ), Snapchat-parent company Snap ( SNAP ) and Chipotle Mexican Grill ( (CMG ) after market close. Here were the main moves during the pre-market session, as of 7: 46 am ET: S&P futures (
: 3, , up 5 points or 1. (%)
Nasdaq futures (
Crude oil (
(CL=F) : ($ . 84 per barrel, up $ 0. (or 1.) (%) Gold (
: $ 1, 807. 43 per ounce, down $ 9. 22 or 0. (%)
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