Executive Reshuffles: META, LUV, CCI and WPM

Seeking Alpha04:54

California's $10 Trillion Property Market Faces Unprecedented Threat From Wildfires

Benzinga04:00

Trending Stocks Amid Jittery Week for Wall Street

Seeking Alpha01:03

Wall Street Tumbles On Blowout Payrolls, Oil Rallies To $76, US Dollar Hits 26-Month Highs: What's Driving Markets Friday?

BenzingaJan 11 01:59

US stock movement | Destruction from the Los Angeles fire spreads, causing a significant drop in the Insurance Sector.

As the destruction caused by the fires in Los Angeles spreads, Stocks of insurance companies related to the California Real Estate market have been heavily sold off.

Zhitong FinanceJan 10 23:26

The wildfire in Los Angeles is spreading, and the losses for insurance companies may exceed 20 billion dollars.

As the destruction caused by the fires in Los Angeles spreads, on Friday, stocks of insurance companies related to the California Real Estate market faced significant sell-offs. The stock price of American Allstate insurance dropped by 4% in early trading, while the stock prices of American International Group (AIG), Chubb Ltd, and Travelers dropped by around 2% each. These four stocks were the biggest losers in the S&P 500 Index on Friday morning. According to JPMorgan, Allstate, Chubb, and Travelers are the three companies most vulnerable to losses from fire insurance.

Global Market ReportJan 10 23:14