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Dow drops 308 points as travel, retail stocks fall

Dow drops 308 points as travel, retail stocks fall

Business
March 23 (UPI) -- U.S. markets declined on Tuesday as shares of travel and retail stocks fell amid worries of renewed global COVID-19 restrictions. The Dow Jones Industrial Average ended the day down 308.05 points, or 0.94%, while the S&P 500 fell 0.76%, and the Nasdaq Composite dipped 1.12%. Advertisement Cruise and airline stocks helped to lead the decline as Carnival stock fell 7.82% and Norwegian Cruise Line dropped 7.16%, while United Airlines fell 6.81% and American Airlines declined 6.55%. Gap stock also fell 7.72% on the retail front. "Despite vast improvements, the third pandemic wave left large parts of the population vulnerable both medically and economically," Brad McMillan, chief investment officer at Commonwealth Financial Network, told CNBC. "That damage will take time ...
History made, a good day for Brits, and the snubs: The Oscar nominations key talking points

History made, a good day for Brits, and the snubs: The Oscar nominations key talking points

Entertainment
Hollywood is getting ready for the biggest night of the year in what will be a decidedly different Academy Awards ceremony due to the COVID-19 pandemic.The nominees for the 2021 Oscars have now been revealed, with Netflix's Mank - starring Gary Oldman as social critic and alcoholic screenwriter Herman J Mankiewicz - leading the way with 10 nods. But it's not just about the numbers, with several big talking points arising from this year's shortlists. Image: Nomadland director Chloe Zhao is one of two women shortlisted for the best director award Women make historyIt's a rather incredible statistic, but before the 2021 nominations were announced, only five women had ever been shortlisted for best director before. That's ever, in the his...
Liverpool 1-4 Man City: Alisson errors help send leaders five points clear

Liverpool 1-4 Man City: Alisson errors help send leaders five points clear

Sports
Last updated on 2 hours ago2 hours ago.From the section Premier LeagueManchester City took a potentially decisive hold on the Premier League title race as they thrashed Liverpool at Anfield - helped by a virtuoso performance by Phil Foden and a nightmare display from the champions' goalkeeper Alisson.City's comprehensive triumph, their first at Anfield since 2003 and Pep Guardiola's first away to Liverpool as a manager, was achieved in such comfort that they were able to recover from Ilkay Gundogan's first-half penalty miss.Gundogan, who skied his spot-kick after Fabinho fouled Raheem Sterling, made amends when he put City ahead four minutes into the second period, after Alisson could only push out Foden's shot.Mohamed Salah equalised for Liverpool from the spot just after the hour after h...
Dow rises nearly 230 points as markets rebound from hectic week

Dow rises nearly 230 points as markets rebound from hectic week

Business
Feb. 1 (UPI) -- U.S. markets rebounded Monday following their worst week since October as investors seemed to set aside concerns about speculative trading. The Dow Jones Industrial Average rose 229.29 points, or 0.76%, to climb back above 30,000 points after last week's losses. Meanwhile, the S&P 500 gained 1.61% and the Nasdaq Composite ended the day up 2.55%. Advertisement Tech stocks helped to lift the market higher as Amazon stock gained 4.26%, Google's parent company, Alphabet, climbed 3.6%, Microsoft increased 3.32% and Apple closed up 1.65%. GameStop stock, which had increased by 400% last week after being targeted by members of the r/WallStreetBets subreddit, dropped by 30.77% on Monday. Members of the group bought large amounts of the GameStop shares as well as other heavily-...

Dow futures drop more than 200 points as markets look to end record-setting week

Finance
John Nacion | NurPhoto | Getty ImagesContracts tied to the major U.S. stock indexes slipped early Friday morning as Wall Street appeared headed to close out the record-setting week on a muted note.Dow futures pointed to an opening loss of about 240 points, while S&P 500 and Nasdaq 100 futures also traded in negative territory.The after-hours moves came after a strong showing from the Nasdaq Composite earlier in the day during the regular session.The index rose to another record as investors set bets for strong tech earnings next week. The tech-heavy benchmark climbed 0.6% to close at a new high in large part thanks to a 3.7% pop in Apple shares.The Dow Jones Industrial Average and S&P 500 both had more muted sessions, with the former dipping 12 points and the latter up less than 0....