Stock futures open slightly higher

Stock futures opened in slightly positive territory Wednesday evening, extending regular-session gains that sent the S&P 500 to its highest level since early March. During the regular session Wednesday, stocks closed higher as investors considered more developments about states’ reopenings and easing lockdown restrictions, which came alongside some more positive corporate earnings results from retailers […]

Senate moves to delist Chinese companies from US stock exchanges

The Senate passed a bill by unanimous consent on Wednesday to take on Chinese companies listed on U.S. exchanges. The legislation would require the companies to submit to a range of stringent provisions to avoid being booted. First, they must disclose whether they are...

Why refinance activity is sliding when mortgage rates are so low

Mortgage refinance demand is slipping, after a frenzy of refinance activity in mid-March, when sub-3% mortgage rates caused a spike of refinancing to a 17-year record. There were 6.3% fewer refinances in the U.S. during the week ending May 15 — the largest weekly drop...

Facebook and Amazon’s new rivalry is heating up: Tech

Wednesday, May 20, 2020 Get Yahoo Finance Tech, a weekly newsletter featuring our original content on the industry, sent directly to your inbox every Wednesday by 4 p.m. ET. Subscribe Founder and CEO of US online social media and social networking service Facebook...