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MarketWatchJan 28, 2020
Starbucks says coronavirus outbreak likely to hit profit this year
Starbucks Corp. reports fiscal first-quarter earnings after the bell Tuesday that beat Wall Street views, with revenue up 7%, but spooked investors by saying the coronavirus outbreak will likely hit its fiscal second-quarter and 2020 results.

MarketWatchJan 28, 2020
Earnings Results: Apple stock gains after record earnings, upbeat forecast
Apple Inc. posted record quarterly results for its holiday quarter while easily topping expectations for revenue and earnings.

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MarketWatchJan 28, 2020
Capitol Report: Trump lawyer: Don't let report on Bolton book dictate next step in impeachment trial
As President Donald Trump's attorneys on Tuesday launch into their third and final day of opening arguments in his Senate impeachment trial, they promised to wrap up before dinner.

MarketWatchJan 28, 2020
The Number One: There's only one stock millennials prefer over Amazon and Tesla
Apex Clearing recently unveiled its fourth-quarter Millennial 100 report, which analyzed more than 734,000 portfolios owned by U.S.-based investors with an average age of just over 31 years. Many of the names are probably exactly what you'd expect, along with perhaps a surprise or two.

MarketWatch Breaking NewsJan 28, 2020
U.S. stocks end higher, rebounding from biggest selloff since October
U.S. stocks end higher, rebounding from biggest selloff since October

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Market Snapshot: Dow rebounds after biggest one-day loss since October (MarketWatch)

MarketWatchJan 28, 2020
NewsWatch: AMD stock slides as outlook falls below Wall Street view
Advanced Micro Devices Inc. shares declined in the extended session Tuesday after the chip maker's outlook fell below Wall Street estimates and data-center sales did not come in as well as expected.

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MarketWatch MarketPulseJan 28, 2020
Dow brings 5-session skid to a halt as stocks attempt to shake off coronavirus anxieties
U.S. stock indexes on Tuesday staged a solid comeback after the worst daily decline for stocks in months, following a downturn that had been at least partly sparked by concerns about the spread of an Asian influenza. Although the so-called Wuhan virus, named for the city in China where it is said to have originated, continues to spread in the second-largest economy in the world, claiming at least 106 lives and infecting more than 4,500 people, investors deemed Monday's equity slump to be overdone and bought beaten-down shares. The Dow Jones Industrial Average gained 186 points, or 0.7%, to 28,722, halting a 5-session slide. The S&P 500 index advanced 1% to 3,276, while the Nasdaq Composite Index rose 1.4% to close at 9,269, both indexes ended a two-session slide. Uneasiness about the spread of the the illness that has drawn comparisons with SARS, severe acute respiratory syndrome, and the possible impact to China's economy, comes as the Federal Reserve on Wednesday is slated to provide an update on monetary policy, with key interest rates at 1.50%-1.75% range. In company news, Apple Inc. is among the S&P 500 and Dow components set to report after Tuesday's close. Apple suppliers have cautioned that the coronavirus could impact the iPhone maker's output. Market participants also have noted that an accurate recession indicator, the differential, or spread, between the three-year Treasury bill and the 10-year Treasury note , briefly inverted early Tuesday.

Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.



MarketWatch Breaking NewsJan 28, 2020
Millennial investors like this 1 stock even more than Amazon and Tesla
Millennial investors like this 1 stock even more than Amazon and Tesla

MarketWatch Breaking NewsJan 28, 2020
Airline stocks face 'substantial' risk from coronavirus fallout, 1 analyst says
Airline stocks face 'substantial' risk from coronavirus fallout, 1 analyst says

MarketWatch MarketPulseJan 28, 2020
Dow opens higher to start Tuesday trade as benchmark tries to avoid 6-day skid
U.S. stock benchmarks on Tuesday opened modestly higher, a day after growing worries about the impact of China's coronavirus outbreak on global economic growth sparked the biggest one-day selloff since early October. Markets appeared to be attempting to find its footing even as signs that that virus was spreading throughout China. The Dow Jones Industrial Average gained 76 points, or 0.3%, to 28,618, after declining for five straight sessions, the S&P 500 index gained 0.4% to 3,257 and the Nasdaq Composite Index picked up 0.8% at 9,210. Investors were also set to wade through a tide of quarterly results from a number of high-profile companies as earnings reporting season picks up steam. Shares of Dow component 3M Co. [s :MMM] were down after the consumer and industrial products company reported fourth-quarter profit that fell short of Wall Street expectations, while revenue matched. 3M also said it was cutting 1,500 jobs as part of a restructuring. Shares of another Dow component, United Technologies Corp. , were in focus after it reported profit and sales that beat estimates. In U.S. economic data, December durable goods orders surged 2.4% in December owing to military purchases.

Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.


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