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Thurs, Oct 29th
editor corner icon Editor's Corner | Archive
Reimagining the auto industry's future: It's now or never: Disruptions in the auto industry will result in billions lost, with recovery years away. Yet companies that reimagine their operations will perform best in the next normal. Patricia
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What Life Was Like On The Set Of ’50s Films
he Golden Age of Hollywood is one that will never be forgotten, with the likes of legendary actors James Dean, Elizabeth Taylor, John Wayne, and Grace Kelly – to name a few.


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CNBC BusinessOct 28, 2020
Jim Cramer reveals five 'Covid-proof bull markets' to find stock opportunities
"If you want to be psychologically prepared for days like today, you've got to have that shopping list because the market throws a sale just when you … least expect it," the "Mad Money" host said.

RELATED ARTICLES
S&P 500 Dives 120 Points: COVID-19 Cases Surge, Sending Tech Stocks Back Into Correction - The Motley Fool (Google Business News)

KiplingerOct 28, 2020
Stock Market Today: Dow Drops 943 Points as Investors Storm the Exits
So much for the market's best day of the year. Oct. 28, on average the S&P 500's best-performing day over the past 70 years, was instead one of 2020's worst as COVID-19 concerns continued to flare up in the U.S. and Europe.

Cities such as Chicago and Newark are renewing restrictions on businesses and public gatherings amid not just record-high new caseloads in America, but rising hospitalizations and deaths as well. In Germany, restaurants and theaters will be shut down for four weeks, and other European countries are stepping up their own measures to fend off a second wave.

SEE MORE 15 Mighty Mid-Cap Stocks to Buy for 2021 Big Tech suffered from additional downward pressure, as the CEOs of Facebook (FB, -5.5%), Twitter (TWTR, -5.3%) and Google parent Alphabet (GOOGL, -5.5%) faced Congressional inquiries about moderating user content.

The S&P 500 did not come close to meeting its average 0.54% gain on Oct. 28, instead plunging 3.5% to 3,271.

Other action in the stock market today:

The Dow Jones Industrial Average declined 3.4% to 26,519.The Nasdaq Composite lost 3.7% to 11,004. The Russell 2000, best of the four major indices Wednesday, still dropped 3.0% to 1,543.


MarketWatchOct 28, 2020
Market Extra: Why the Nasdaq, with its ‘work-from-home' tech giants, just posted its worst day in 7 weeks
Technology stocks often are a hot commodity when pandemic fears rear up. Here's why that wasn't the case on Wednesday as all three major U.S. stock indexes swooned.

MarketWatch MarketPulseOct 28, 2020
MediaAlpha stock gets off to a good start on a bad day for the stock market
Shares of MediaAlpha Inc. got off to a good start Wednesday on a bad day for the overall stock market, as the Los Angeles-based insurance broker went public 21.1% above the $19 initial public offering price. The stock's first trade was at $23.00 at 12:01 p.m. Eastern for 1.2 million shares. The IPO priced late Thursday right in the middle of the expected range of between $18 and $20 a share, as the company raised $118.9 million and a selling shareholder sold $56.8 million worth of shares. The stock has inched slightly lower since it opened, to trade 20.8% above the IPO price. MediaAlpha went public on a day that the Renaissance IPO ETF dropped 3.2% and the Dow Jones Industrial Average shed 663 points, or 2.4%.

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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