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Canada shares lower at close of trade; S&P/TSX Composite down 0.15% By Investing.com

Investing.com – Canada equities were lower at the close on Monday, as losses in the Healthcare, Industrials and Energy sectors propelled shares lower. At the close in Toronto, the S&P/TSX Composite fell 0.15%. The biggest gainers of the session on the S&P/TSX Composite were Turquoise Hill Resources Ltd. (TSX:TRQ), which rose 6.00% or 1.27 points to trade at 22.45...

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GameStop, New Home Sales, AstraZeneca: 3 Things to Watch By Investing.com

By Liz Moyer Investing.com -- The rotation from growth to value took a pause on Monday as interest rates let out some steam and put the attention back on the big tech companies. As evidence the U.S. economy continues to reopen, the Transportation Security Administration screened 1.5 million travelers on Sunday, the most since March last year. Partiers are flocking to warmer weather climates,...

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S&P Closes Near Record High as Tech Returns to Trading Menu By Investing.com

By Yasin Ebrahim Investing.com – The S&P 500 closed near record highs Monday, led by tech as investor appetite for growth stocks returned in the wake of a pullback in U.S. bond yields.     The Dow Jones Industrial Average rose 0.31%, or 102 points, the S&P 500 was up 0.70% to 3,940.42 just about 1% off its record closing high. The Nasdaq Composite was...

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EU will be flexible on Northern Ireland if UK moves – Ireland’s Coveney By Reuters

DUBLIN (Reuters) - The European Union is willing to offer Britain flexibility in the implementation of trade rules governing Northern Ireland if London produces a "detailed road map" of its plans for the British region, Ireland's foreign minister said on Monday. Simon Coveney told Irish state broadcaster RTE in an interview that there had been "some back and forth" between the...

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Powell to Reiterate Fed’s Plan for Lower for Longer Rates in Testimony By Investing.com

By Yasin Ebrahim Federal Reserve Chairman Jerome Powell will reiterated the central bank's plan to support for the recovery "for as long as its takes" as the economy  remains below pre-pandemic levels, according to the release of his prepared testimony to Congress on Tuesday. In his testimony, Powell will acknowledge that the recovery has progressed more quickly than expected, but stress that the Fed...

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McKinsey settles with holdout Nevada for $45 million over role in opioid crisis By Reuters

By Jonathan Stempel (Reuters) - McKinsey & Co will pay $45 million to settle an investigation by Nevada of the big consulting firm's role in fueling the U.S. opioid epidemic. Nevada had been the lone holdout among U.S. states investigating McKinsey's conduct, and Monday's settlement boosts the firm's payout for opioid settlements to...

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Boeing enters into $5.28 billion revolving credit agreement By Reuters

(Reuters) - Boeing (NYSE:BA) Co said on Monday it had entered into a $5.28 billion, two-year revolving credit agreement, as the U.S. planemaker contends with a prolonged slowdown in commercial air travel fueled by the COVID-19 pandemic. Earlier this month, Reuters reported that the company had approached a group of banks for a new $4 billion revolving credit facility and had the...

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U.K. shares higher at close of trade; Investing.com United Kingdom 100 up 0.28% By Investing.com

Investing.com – U.K. equities were higher at the close on Monday, as gains in the Tobacco, Industrial Transportation and Gas, Water & Multiutilities sectors propelled shares higher. At the close in London, the Investing.com United Kingdom 100 gained 0.28%. The biggest gainers of the session on the Investing.com United Kingdom 100 were Scottish Mortgage Investment Trust PLC (LON:SMT), which rose 4.48%...

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Zoominfo (No, Not That Zoom) Jumps on Goldman’s Multi-Billion Sales Forecast By Investing.com

By Christiana Sciaudone Investing.com -- Zoominfo Technologies Inc (NASDAQ:ZI) -- not to be confused with theZoom Video Communications Inc (NASDAQ:ZM) that we are all way too familiar with at this point -- jumped 11% after Goldman said it should grow into a multi-billion-dollar revenue business.  That's a far cry from recent quarterly earnings, which ranged from $104 million to $140 million for each of...

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Amazon workers strike in Italy over pandemic-driven delivery demands By Reuters

By Elvira Pollina MILAN (Reuters) - Amazon (NASDAQ:AMZN) workers in Italy went on a 24-hour strike on Monday in the first such action by the U.S. company's entire logistics operation in the country, including third-party delivery service providers. Trade unions estimate Amazon's delivery systems rely on 40,000 workers in Italy including staff at...

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