Sign In  |  Register  |  About San Rafael  |  Contact Us

San Rafael, CA
September 01, 2020 1:37pm
7-Day Forecast | Traffic
  • Search Hotels in San Rafael

  • CHECK-IN:
  • CHECK-OUT:
  • ROOMS:

Higher open as tax vote nears

The markets opened higher with the Dow climbing 88 points to 24,739 as the tax overhaul bill moved closer to a vote. Nasdaq gained 44 points to 6,980.


On the upside


Tencent and JD.com (Nasdaq: JD) will jointly invest $863 million in Vipshop Holdings (NYSE: VIPS).


Elliott Management acquired a 6.5% stake in Akamai Technologies (Nasdaq: AKAM).


Twitter (NYSE: TWTR) will begin enforcing new rules against hate and violence today.


On the downside


Shares of Glu Mobile (Nasdaq: GLUU) extended its losses.


Penn National Gaming (Nasdaq: PENN) will acquire Pinnacle Entertainment (Nasdaq: PNK) for approximately $2.8 billion in cash and stock.


McKesson (NYSE: MCK) chief financial officer and executive vice president James Beer will leave the company.


In the broad market, advancing issues outpaced decliners by a margin of more than 7 to 2 on the NYSE and by nearly 7 to 2 on Nasdaq. The broader S&P 500 gained 10 points to 2,685. Bitcoin plummeted $552 to $18,627.


Data & News supplied by www.cloudquote.io
Stock quotes supplied by Barchart
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the following
Privacy Policy and Terms and Conditions.
 
 
Copyright © 2010-2020 SanRafael.com & California Media Partners, LLC. All rights reserved.