Entertainment industry stocks – from Walt Disney to Comcast and Fox Corp. – fell in early Friday trading amid a broad market slide after overnight news that PresidentMarket watchers said the development raises questions and a lack of clarity about the leadership of the country and next steps in the presidential election campaign. They also said that the Trumps' infection put the spotlight back on a possible increase in U.S.
The broad-based S&P 500 stock index shortly after the market open was trading down 1.4 percent. Many entertainment sector stocks were holding up better than the broader market though in early trading. Hollywood giant Disney's shares dropped 0.7 percent early in the session, while Comcast's and Discovery's were down 1.1 percent each, and Fox News parent Fox Corp. saw its stock decline 1.3 percent. WarnerMedia owner AT&T's stock dropped 0.5 percent, and ViacomCBS lost 0.8 percent in value.
But the market decline also saw Netflix's stock trade down 1.8 percent, and Twitter lose 1.7 percent of its market value, among others. Analysts have noted that the novel coronavirus pandemic has hit TV advertising revenue at media and entertainment giants, even though the second quarter is believed to have marked the low point. Film and TV productions have also been delayed, and film releases in cinemas pushed back.
The President is the King of Wall Street
Check out my Gig on Fiverr: Do You Want To create 3d Amazing Video Intro Logo Animation Video In $5 ? Contact Me : LogoAnimation MadeOnFiverr Top Logo Animation Best Logo Animation
Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:
France Dernières Nouvelles, France Actualités
Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.
Stocks Post Slight Gain As Stimulus Hopes Fade, Tech Stocks ShineDespite early morning optimism, the Dow Jones and S&P 500 each ended today up less than 1% after White House negotiators and Democratic lawmakers failed to reach a stimulus deal to help boost a struggling economy Forbes = FakeNews lol lol only play , bullish , rally of ocotober coming , good job JP morgan
La source: Forbes - 🏆 394. / 53 Lire la suite »
H&M, STMicro results boost European stocks at start of new quarterEuropean stocks rose on Thursday as Swedish retailer H&M and French-Italian chipmaker STMicroelectronics jumped after reporting forecast-beating results, while hopes of more U.S. stimulus aided global sentiment.
La source: Reuters - 🏆 2. / 97 Lire la suite »
European stocks expected to open higher, tracking gains on Wall StreetEuropean stocks are expected to open higher Thursday, tracking gains on Wall Street in the previous session. must be read
La source: CNBC - 🏆 12. / 72 Lire la suite »
Palihapitiya says election won't matter, stocks going higher next 4 years: 'You need to be long'Social Capital Founder and Chief Executive Officer Chamath Palihapitiya said the stock market will continue to move higher regardless of a Trump or Biden presidency. OZSC 124 million contract check that penny stock 💰🚀 Long BTC Why should people go long now😅 they can go long after the election to have more profit
La source: CNBC - 🏆 12. / 72 Lire la suite »
Stocks Close A Dismal September As Investors Prepare For An Even Rockier OctoberMarket volatility is likely to increase in October ahead of the election, experts warn. VIDAS IMPORTAM //////// “E o Espírito do SENHOR se apoderará de ti, e profetizarás com eles, e tornar-te-ás um outro homem.” I Samuel 10:6. INTRODUÇÃO. O chamado que o Senhor ... ///// PRECISO ...... 2 MILHÕES PARA MUDAR VIDAS .. GERAR EMPREGOS ..
La source: Forbes - 🏆 394. / 53 Lire la suite »
Stocks to buy, 3 companies poised for gains over the decade to come - Business InsiderA fund manager who's beaten 99% of her peers over the past 5 years told us why she remains bullish on growth stocks despite the recent sell-off — and listed her 3 favorite stocks for continued gains in the decade to come Installation of cctv , buglary alarm & access control
La source: BusinessInsider - 🏆 729. / 51 Lire la suite »