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News of New York
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19 June
651
Friday trading The US stock market ended Friday's trading lower amid negative dynamics from the oil and gas, utilities and financial sectors. By the closing bell on the New York Stock Exchange, the Dow Jones fell 1.58% to a one-month low, the S&
19 June
617
COVID in U.S.
US authorities predict that the US will not need a second lockdown due to the spread of an Indian mutation of a new coronavirus, the World Health Organization's new Delta strain. US President Joe Biden said this&nbs
19 June
688
Production increases
Intel today announced that it is jointly building a new factory in Italy with communications companies. Intel also said this week that it plans to be a contract manufacturer for Qualcomm.
Intel (INTC) plans to aggressively expa
19 June
727
Adobe's shares rise
Adobe shares rose 2.5% in after-hours trading after the cloud software maker reported revenue growth of 23% and gave an outlook for the coming quarter above analysts' average
18 June
1012
Second quarter 2021
Ford said on Thursday that its expectations for the second quarter of 2021 have increased compared with April. Ford sees growing demand for its electric vehicles and also points to lower costs a
17 June
1320
Interest rate hike
At the end of the meeting, the Fed brought the timing of the interest rate hike closer to 2023 from 2024. The US central bank also raised its forecast for overall inflation to 3.4%. The stock market w
17 June
1365
Exxon's shares and dividend
Exxon shares rose 3.64% on Tuesday to their highest in almost 1.5 years after receiving a "buy" rating and a high target price from Bank of America. This was preceded by a rise in oil prices and long-awaited changes to Ex
