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Google Business NewsJun 03, 2020
Dow futures march higher as investors await private-sector jobs report - MarketWatch
Dow futures march higher as investors await private-sector jobs report  MarketWatchStocks futures rise as Wall Street grows optimistic about economy reopening  CNBCDow, S&P 500 hit 3-month high as investors look past riots  Fox BusinessHow Major US Stock Indexes Fared Tuesday  The New York TimesDow Jones Slashes 225-Point Gain Amid Trump Comments And Civil Unrest; Apple In Buy Zone  Investor's Business Daily

Google Business NewsJun 02, 2020
Asian shares rise as Wall Street gains for 3rd straight day - The Associated Press
Asian shares rise as Wall Street gains for 3rd straight day  The Associated PressStocks Extend Gains for 3rd Straight Day  NewserDow Closes Up 260 as Wall Street Looks to U.S. Reopening  TheStreetAsian markets mostly rise, following Wall Street's lead  MarketWatchSeoul stocks open higher on Wall Street gains  The Korea HeraldView Full Coverage on Google News

MarketWatch MarketPulseJun 02, 2020
Microchip Technology stock rallies on hiked outlook
Microchip Technology Inc. shares rallied in the extended session Tuesday after the chip maker hiked its outlook given improvements to its supply chain. Microchip Technology shares surged 7.4% after hours, following a 1.2% rise to close the regular session at $96.84. The company said it expects adjusted first-quarter earnings of $1.35 to $1.53 a share on revenue of $1.25 billion to $1.33 billion. Analysts surveyed by FactSet are expecting earnings of $1.34 a share on revenue of $1.24 billion. Microchip Technology had previously forecast $1.25 to $1.45 a share on revenue of $1.19 billion to $1.3 billion. "With two months of the quarter behind us, our business is performing better than we expected during our May 7, 2020 earnings conference call," said Chief Executive Steve Sanghi in a statement. "COVID-19 related supply chain disruptions which were primarily in Malaysia and Philippines have eased. We have begun to make up for lost production and expect to continue to gain ground through the end of this quarter."

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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