AMC investors have reason for more optimism on the heels of another capital raise.Yesterday's jump came after the company announcedit raised $428 million. First, the Centers for Disease Control and Prevention issued a new statement on current health and safety protocols saying that fully vaccinated people can resume activities without wearing a mask or physically distancing, including indoors.This should allow theaters to open back up at full capacity and be a desirable destination for vaccinat
Wall Street closes higher in 'buy the dip' session
NEW YORK, May 13 - Wall Street ended sharply higher at the close of a broad rally on Thursday, bouncing back from three straight days of selling on upbeat labor market data.All three major U.S. stock indexes notched solid gains, with the Nasdaq, weighed by Tesla Inc , picking up the rear.Recent economic data has prompted inflation fears as scarcity of both materials and workers threatens to send prices surging in the face of a demand boom."If this is a footrace, supply chains are still tying th
Wall Street ends with broad sell-off on spiking inflation fears
* Indexes down: Dow 1.99%, S&P 2.14%, Nasdaq 2.67%. NEW YORK, May 12 - Wall Street closed lower on Wednesday with the S&P suffering its biggest $one$-day percentage drop since February, as inflation data fueled concerns over whether interest rate hikes from the Fed could happen sooner than anticipated.All three major U.S. stock indexes ended the session deep in the red following the Labor Department's April consumer prices report, which showed the biggest rise in nearly 12 years.The report was
Wall Street closes lower as inflation fears prompt tech sell-off
* Electric vehicle shares drop after Workhorse miss. * Indexes down: Dow 0.10%, S&P 1.04%, Nasdaq 2.55%. NEW YORK, May 10 - Wall Street closed lower on Monday as inflation jitters drove investors away from market-leading growth stocks in favor of cyclicals, which stand to benefit most as the economy reopens.Industrial and healthcare shares limited the Dow's decline but the blue-chip average reversed course late in the session to snap a three-day streak of record closing highs."The market leader