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Tag: MasterCard Inc

The Dow just lost 12% in one week. Here’s why and what likely happens next

The Dow just lost 12% in one week. Here’s why and what likely happens next

The U.S. stock market suffered a historic pullback this week as the coronavirus spread outside of China, spooking investors and traders out of equities. The Dow Jones Industrial Average and S&P 500 each dropped 12% and 11% for the week, respectively, marking their worst weekly performance since the financial crisis. The 30-stock Dow posted its […]

US stocks erase $3.18 trillion in value this week amid coronavirus tailspin

US stocks erase $3.18 trillion in value this week amid coronavirus tailspin

The coronavirus wiped $3.18 trillion in market value from U.S. stocks this week, according to estimates from S&P Dow Jones Indices. The equity benchmark lost $203 billion in value on Friday, adding to its $2.997 trillion loss from Monday to Thursday, the firm’s Senior Index Analyst Howard Silverblatt told CNBC. The S&P 500 index has […]

Square emerges as coronavirus hedge after earnings

Square emerges as coronavirus hedge after earnings

Jack Dorsey, chief executive officer of Square Inc., second right, tours the floor of the New York Stock Exchange (NYSE) in New York, U.S., on Thursday, Nov. 19, 2015.  Yana Paskova | Bloomberg | Getty Images Square has been an outlier in this week’s payment stock wreckage. Shares of Mastercard, Visa, American Express and Paypal […]

Dow 2-day drop totals 1,910, Kudlow doesn’t help, Cramer stays away

Dow 2-day drop totals 1,910, Kudlow doesn’t help, Cramer stays away

This is a live blog. Check back for updates A trader works at the New York Stock Exchange in New York, the United States, on Feb. 24, 2020. Photo by Wang Ying | Xinhua | Getty 4:01 pm: Dow drops 3%, bringing 2-day point loss to 1,910 Major averages slid on Tuesday, accelerating Monday’s sharp […]

Dow futures bounce as market attempts to recover from worst drop in 2 years

Dow futures bounce as market attempts to recover from worst drop in 2 years

U.S. stock index futures pointed to slight gains on Tuesday following the market’s worst decline in two years on concerns the coronavirus outbreak would dent global economic growth. As of 8:28 a.m. ET, Dow Jones Industrial Average futures were up 120 points, indicating a gain of 142 points at the open. S&P 500 and Nasdaq 100 futures […]

Visa to acquire fintech company Plaid in $5.3 billion deal

Visa to acquire fintech company Plaid in $5.3 billion deal

Plaid co-founders William Hockey and Zach Perret Source: Plaid Payments giant Visa is buying Silicon Valley start-up Plaid in a deal worth $5.3 billion, the companies announced Monday. Plaid’s API software, often referred to as the “plumbing” behind fintech companies, lets start-ups connect to users’ bank accounts. It’s well-known among financial technology developers, but the […]

How to export Apple Card transactions into a spreadsheet

How to export Apple Card transactions into a spreadsheet

Apple CEO Tim Cook introduces Apple Card during a launch event at Apple headquarters on Monday, March 25, 2019, in Cupertino, California. Noah Berger | AFP | Getty Images The Apple Card was designed to be loaded into a user’s iPhone, with spending history living inside the Wallet app and transaction data arranged in a […]