Sign In  |  Register  |  About Burlingame  |  Contact Us

Burlingame, CA
September 01, 2020 10:18am
7-Day Forecast | Traffic
  • Search Hotels in Burlingame

  • CHECK-IN:
  • CHECK-OUT:
  • ROOMS:

Disappointing Jobs Data Weighs Down Markets

A disappointing job creation report sent the markets tumbling to a sharply lower open with the Dow plummeting 152 points to 12,744. Nasdaq plunged 37 points to 2938.On the upsideShares of Arena Pharmaceuticals (Nasdaq: ARNA) continued rising after announcing the promotion of Craig Audet yesterday to the position of Senior Vice President of Operations and Head of Global Regulatory Affairs.US Airways (NYSE: LCC) unveiled a “30 Days for D.C.” campaign to celebrate expanded service at Reagan National Airport and the addition of 100 new jobs.ABC Mart of Japan will pay approximately $137 million to acquire LaCrosse Footwear (Nasdaq: BOOT).On the downsideInformatica (Nasdaq: INFA) warned that second quarter earnings would fall far short of its previous guidance.Acme Packet (Nasdaq: APKT) blamed weakness in North America for warning that second quarter results will fall short of expectations.Investors locked in profits on Patriot Coal (NYSE: PCX).In the broad market, declining issues outpaced advancers by a margin of more than 5 to 1 on the NYSE and by nearly 5 to 1 on Nasdaq. The Russell 2000 which tracks small cap stocks dropped 9 points to 808.
Data & News supplied by www.cloudquote.io
Stock quotes supplied by Barchart
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the following
Privacy Policy and Terms and Conditions.
 
 
Copyright © 2010-2020 Burlingame.com & California Media Partners, LLC. All rights reserved.