Down market brings new investors, while existing ones seek to ‘ride it out’
The stock value for the video conferencing tool Zoom increased by 22 percent from the close of the market Friday to the same time Monday.
People want to invest in Zoom stock because the app has become a widely-used work-from-home tool during the COVID-19 coronavirus pandemic, Modern Woodmen of America financial adviser Barbara Coats said. But she and other advisers warn against purchasing individual stocks.
County seeks state’s help on hospital trust fund
When the Mississippi Legislature opens its 2019 session on Jan. 8, constituents will ask their legislators for a variety of things, both big and small.
And then there is a request by the Lowndes County Board of Supervisors, who will be asking the Legislature to turn back the hands of time.
Hospital trust fund ‘in good shape’ despite rocky October
Typically, the financial advisers entrusted with managing Lowndes County’s hospital trust fund present their findings in a clear, dispassionate manner during their semi-annual reports to the county supervisors.
Stock volatility could affect county projects
Lowndes County supervisors are keeping a careful eye on the stock market after a volatile October threatens to wipe out the profits gained earlier this year in the county’s $32.5-million hospital trust fund.
Facebook’s day of reckoning: Blip or sign of broader turn?
Facebook faced a day of reckoning Thursday as its shares plunged in the biggest one-day drop in stock market history.
As stocks plunge, Trump hits Democrats for non-support on economy
President Donald Trump accused congressional Democrats on Monday of being “un-American” and perhaps even treasonous for refusing to cheer positive economic news during his State of the Union address.
Stocks mount milestone-shattering run in 2017
Taken a look at your stock portfolio lately? It’s a good bet it’s racked up solid gains this year.
Tech companies lead US stocks higher as tax plan advances
Wall Street capped the week with broad gains, propelling the major stock indexes to a new set of milestones Friday.
Amazon-Whole Foods deal hammers grocery stores; Dow ticks up
Amazon’s $13.7 billion deal for Whole Foods sent grocery stores, big retailers, and food makers and distributors plunging Friday. Energy companies rose while other stocks were little changed.
It’s primetime at Amazon.com … shares hit $1,000
NEW YORK — Amazon, the internet goliath that revolutionized the way much of the world buys books, toilet paper and TVs, hit a new milestone
Cadence goes public
After six years as a privately-held company, Cadence is again publicly traded, going live on the New York Stock Exchange Thursday.
How did the Dow get to 20K? Think Goldman, Boeing and IBM
Dow 20,000 wasn’t exactly a team effort.
Investors stay steady on retirement savings
Investors are keeping their cool — and keeping their hands off of their retirement accounts — despite huge swings in the stock market that sent it careening to its worst start to a year ever.
Local reaction to stock market is busy, but calm
A week’s worth of volatility in the stock market, with its wild swings of gains and losses, has been felt in the Golden Triangle. But not in the way you might imagine, local financial advisors say.
Who are the stock market heavyweights?
At $654 billion, Apple is the stock market’s heavyweight.
Senate deal sends stocks soaring
NEW YORK — Wall Street finally got the deal it’s been waiting for. A last-minute agreement to keep the U.S. from defaulting on its debt
Stock market sets record after Fed keeps stimulus
NEW YORK — The stock market hit a record high Wednesday as investors cheered the Federal Reserve’s surprise decision to keep its economic stimulus program
How a phony tweet and computers sank stocks
For a few surreal minutes, a mere 12 words on Twitter caused the world’s mightiest stock market to tremble.
Dow notches ninth gain in a row, longest since ’96
NEW YORK — The Dow Jones industrial average notched its ninth gain in a row, giving the index its longest winning streak in more than
Ordinary folks losing faith in stock market
Andrew Neitlich is the last person you’d expect to be rattled by the stock market.
He once worked as a financial analyst picking stocks for a mutual fund. He has huddled with dozens of CEOs in his current career as an executive coach. During the dot-com crash 12 years ago, he kept his wits and did not sell.
But he’s selling now.