U.S. stocks slipped on Monday as investors hoped for a stimulus deal from Washington, although a rising number of Covid-19 cases dampened sentiment. The Dow Jones Industrial Average traded 41 points lower, or 0.1%. Earlier in the day, the 30-stock average was up more than 100 points. The S&P 500 dipped 0.2% and the Nasdaq Composite pulled back 0.1%.

Apple's stock split has completed, with shareholders on Friday now owning four times the number of shares in the iPhone maker they did yesterday, as the company attempts to make the stock "more accessible" to smaller investors.

Following several months of explosive growth, Apple's stock came crashing down on Thursday, dropping around eight percent in a single day. It was the worst day of trading for technology stocks as a whole since March.

Everybody loves a party ... but, inevitably, after a big party there’s a hangover,” billionaire investor Stanley Druckenmiller said last week as stock markets seesawed amid fears that a new tech bubble was about to burst. “Right now, we’re in an absolute raging mania,” he said.

Wall Street had a grisly start to the week, with the Dow Jones Industrial Average sliding by 2,800 points at session lows in Monday's morning trading. The massive sell-off came despite emergency action from the Federal Reserve on Sunday to shore up the economy by infusing markets and Main Street with easier access to cash.

The second, third and fourth quickest 30% pullbacks all occurred during the Great Depression era in 1934, 1931 and 1929, respectively, according to data from Bank of America Securities. “This is not good company for 2020,” Stephen Suttmeier, a technical research strategist at the bank, said in a note Monday. “The 2020 correction continues to make history, having already claimed the title as the third fastest end to a bull market going back to 1928.”

A dramatic bounce in U.S. stocks in the midst of the coronavirus pandemic is confronting investors with a difficult decision: buy into what may turn out to be a nascent bull market, or hold out for a possible return to recent lows.

In general it is seen that the stock markets, especially the major indices like the S&P 500 and the Dow Jones, are representative of the state of the economy in the US. When there are poor factors impacting the economy, the markets closely mirror this. This was clearly seen as the case when the impact of the Covid-19 pandemic was realized across the US and the markets took a tumble in the middle of March, and has been the case in most major troubled times for the country.

U.S. stock-market indexes climbed, but imply a lackluster open, on Monday as investors weighed optimism over a quick recovery for the domestic economy, or V-shaped rebound, and evidence of an acceleration of COVID-19 infections in states and elsewhere in the world.

Shares of Virgin Galactic shares jumped Monday after it signed an agreement with NASA that will allow the space tourism venture to train astronauts for trips to the International Space Station on flights to the edge of space. The company — which is publicly traded but largely owned by founder Richard Branson and chairman Chamath Palihapitiya — announced on Monday that it signed a “Space Act Agreement” with NASA’s Johnson Space Center, which leads the agency’s astronaut program in Houston.

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Herbalife Ltd says that it is facing an inquiry from the Federal Trade Commission. The nutrition and supplement company’s shares initially plunged more than 12% following a brief halt in trading pending the announcement.

Wall Street doesn’t like what it sees. Facebook’s stock price is dropping in after-hours trading after the company announced its purchase of virtual reality startup Oculus Rift. The stock, which closed up on the day, is now under its open price of $64.25, resulting in a loss of $1.5 – $1.8 billion market cap.

Today King went public, and immediately was given a raspberry by investors who sent its stock price down throughout the day, hammering the company to the tune of more than 15 percent and $1.1 billion in value. A good flotation this was not. In fact, it was the worst so far this year.

The shares fell slightly on Wednesday after the $99 device was introduced in New York to pretty much positive reviews, at least in terms of the product’s features. The box lets you watch videos and play games. On Thursday, the shares stumbled an additional $8.29, or 2.4% to $333.67. On Friday, the slump turned into more of a rout: The shares fell to as low as $315.61 before rallying back $321.74, down were down 3.7%.

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Amazon.com was chipper late Thursday about its first-quarter earnings report. On Friday, Wall Street offered its view about the results and the outlook. It wasn’t pretty. Especially for founder and CEO Jeff Bezos. The shares fell 9.9% to $303.83, their lowest close since Oct. 9, when they finished at $298.23. The percentage loss was its largest since Jan. 31, when the shares fell 11% after revenue and profits missed forecasts.