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Stock futures in the US plunged near 5%, hitting limits on trading as Fed moves were not enough to calm investors' nerves. The Federal Reserve made another unexpected cut in the target range for its federal funds rate and launched a $700 billion quantitative easing program on March 15th, aiming to protect the US economy from the effects of the coronavirus. On Friday, the Dow Jones jumped 9.4% Indonesia Stock Exchange (Indonesian: Bursa Efek Indonesia) is a stock exchange based in Jakarta, Indonesia. It was previously known as the Jakarta Stock Exchange (JSX) before its name changed in 2007 after merging with the Surabaya Stock Exchange (SSX). As of October 2019, the Indonesia Stock Exchange had 656 listed companies.
Tata Consultancy Services’ market capitalisation has surpassed that of US technology giant IBM. After Monday’s trade, TCS’ market cap stood at Rs 8,37,198 crore, or over $120.49 billion, on the National Stock Exchange. In midday trade on the New York Stock Exchange, IBM’s market value was about $119.8 billion.
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Largest Gain by an Individual Company. Not surprisingly, Google leads the pack with a 20 percent jump in price on April 18, 2008. Google's stock closed at $539.41 per share, up $89.87 from the previous day after the company reported that its first-quarter earnings were far beyond experts' expectations.
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Paul Harris discusses Apple. Paul Harris of Harris Douglas Asset Management gives his outlook for shares of Apple. 02/06/2020 - 12:00 AM EST
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