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Dec 28 - The S&P 500closed slightly lower after hitting a record intraday high on Tuesday, as a four-day rally lost steam in thin trading and investors weighed Omicron-driven travel disruptions and store closures.The Centers for Disease Control and Prevention on Monday shortened the recommended isolation time for Americans with asymptomatic cases of COVID-19 to five days from the previous guidance of 10 days.The update follows approvals for new pills and more vaccines to fight COVID-19. It hel

Dec 27 - The S&P 500 indexended at a record high on Monday, its fourth straight session of gains, as strong U.S. retail sales underscored economic strength and eased worries from Omicron-driven flight cancellations that hit travel stocks.U.S. retail sales increased 8.5% year-over-year this holiday season, powered by an ecommerce boom, according to a Mastercard Inc report, giving the S&P 500 retailing indexa boost.Travel-related stocks, typically sensitive to coronavirus news, declined after U.S

As traders return from the holiday-shortened week, the price action heading into the new year will be closely monitored — especially given the relatively light economic data and earnings calendar for the coming days.The S&P 500 is entering the period known for ushering in the so-called Santa Claus Rally, or seasonally strong timeframe for stocks at the end of each year.According to data from LPL Financial, the Santa Claus Rally period encapsulates the seven days most likely to be higher in any

We are in strange times right now, so how companies navigate the current environment is vital to their success.

Colin Kaepernick-backed SPAC Mission Advancement Corp.'sdeal to buy a lender that focused on minority borrowers is to have collapsed.The SPAC's deal to acquire The Change Co. is said to have ended over the former NFL quarterback and social activist's reluctance to appear on TV to promote the deal including appearing on "Good Morning America," according to a WSJ report. Kaepernick declined to be involved in interviews surrounding the transaction.A spokesman for Kaepernick’s Mission Advancement to

Despite the backlash to the turbulent meme stocks that rose to prominence in 2021, the retail invest

Tencent ADR rose more than 4% in early trading.Tencent said on Thursday it will transfer HK$127.69 b

Dec 22 (Reuters) - Novavax Inc's COVID-19 vaccine is effective in generating an immune response agai

Short sellers are constantly targeting GameStop shares. Here are the top three hedge funds betting a

Dec 20 (Reuters) - Carnival Corp missed analysts' estimates for quarterly revenue on Monday, as peop