Stocks march higher, Peloton cuts losses as CEO sidelined
The S&P 500 and Nasdaq Composite curbed losses and rose by 0.8% and 1.3%, respectively, while the Dow Jones Industrial Average rose over 370 points or 1.06% led by Amgen after the biotech giant announced a $6 billion share buyback.
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Dow industrials post best day in over a week and broader stock market rallies despite 10-year's rise near 2%U.S. stocks posted strong gains on Tuesday, with the Dow industrials clinching the best session in over a week. The Dow Jones Industrial Average rose 372 points, or 1.1%, to reach around 35,463, representing its best gain since Jan. 31.
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Peloton stock continues rally as company replaces John Foley as CEOPeloton Interactive Inc.'s newly announced chief executive will face a lowered bar as the maker of exercise equipment once again cut its full-year forecast...
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Former Spotify executive tapped to take over Peloton as CEO resignsJohn Foley, a Peloton co-founder, will still have a role at the company as executive chair of Peloton Interactive.
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