Sign In  |  Register  |  About Daly City  |  Contact Us

Daly City, CA
September 01, 2020 1:20pm
7-Day Forecast | Traffic
  • Search Hotels in Daly City

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

Potential tax cut plan lifts markets

A potential plan to cut taxes lifted the markets to a higher open with the Dow gaining 42 points to 23,205. Nasdaq rose 28 points to 6,633.


On the upside


Skechers (NYSE: SKX) reported higher third quarter earnings and revenue that beat expectations.


Atlassian (Nasdaq: TEAM) reported a smaller than expected loss for the first quarter and lifted its full year forecast.


athenahealth (Nasdaq: ATHN) reported better than expected earnings for the third quarter and announced plans to eliminate approximately 9% of its workers.

On the downside


Celgene (Nasdaq: CELG) halted two studies for the Crohn's disease treatment mongersen prompting a downgrade.


NCR (NYSE: NCR) reported lower third quarter revenue and lowered its full year forecast.

Gentex (Nasdaq: GNTX) reported lower third quarter earnings.


In the broad market, advancing issues outpaced decliners by a margin of more than 4 to 3 on the NYSE and by more than 2 to 1 on Nasdaq. The broader S&P 500 rose 5 points to 2,567. Bitcoin slipped $8 to $5,714.


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 DalyCity.com & California Media Partners, LLC. All rights reserved.