Take a look at some of the biggest movers in the premarket: Nio (NIO) – The China-based electric carmaker’s shares slumped 8.4% in premarket action after it suspended production due to Covid-19 ...
Tag: Breaking News: Markets
US weekly jobless claims
The labor market tightened further last week, with initial jobless claims falling to their lowest level in more than 53 years, the Labor Department reported Thursday. Initial filings for unemployment ...
Robinhood, EPAM Systems, Kroger and more
Kroger is opening automated warehouses around the country to build a larger and more profitable online grocery business. Kroger Check out the companies making headlines in midday trading Friday. Robin...
Morgan Stanley unveils family office unit, looking to serve richest of the rich
Jed Finn, Chief Operating Officer for Morgan Stanley Wealth Management and Head of Corporate and Institutional Solutions Source: Morgan Stanley After making inroads managing money for the merely wealt...
Biogen, Spirit, Robinhood and more
Check out the companies making headlines before the bell: Biogen (BIIB) – Biogen fell 1% in premarket trading after the government announced that Medicare will limit coverage for Aduhelm, Biogen’...
Stock futures little changed following Thursday’s comeback as investors assess Fed plans
Traders on the floor of the NYSE, April 7, 2022. Source: NYSE U.S. stock futures were little changed on Thursday night after the major averages staged a late-day comeback as investors appraised the li...
HP, Constellation Brands, CDK Global and more
A man passes a Hewlett Packard display at a technology conference Jim Young | Reuters Check out the companies making headlines in midday trading. HP — Warren Buffett’s Berkshire Hathaway became ...
Fed’s Bullard says interest rate policy is ‘behind the curve’ but ‘all is not lost’
James Bullard Olivia Michael | CNBC The Federal Reserve needs to raise interest rates substantially to control inflation but may not be as “behind the curve” as it appears, St. Louis Fed P...
Conagra, Levi Strauss, Rite Aid and others
Check out the companies making headlines before the bell: Conagra (CAG) – The food producer’s stock tumbled 5.5% in the premarket after issuing a weaker-than-expected forecast for the fiscal yea...
Stock futures are flat following a 2-day losing streak for the major averages
Traders work on the floor of the New York Stock Exchange (NYSE) in New York, April 6, 2022. Brendan McDermid | Reuters Stock futures were flat in overnight trading Wednesday after a two-day losing str...
Fed minutes March 2022 meetings:
Federal Reserve officials discussed how they want to reduce their trillions in bond holdings at their March meeting, with a consensus amount around $95 billion, minutes released Wednesday showed. Offi...
JetBlue, Eli Lilly, Occidental Petroleum and more
A JetBlue passenger jet (Embraer 190) taxis at LaGuardia Airport in New York, New York. Robert Alexander | Archive Photos | Getty Images Check out the companies making headlines in midday trading Wedn...
Twitter, Spirit Airlines, Tilray and more
Check out the companies making headlines before the bell: Twitter (TWTR) – Twitter fell 1.5% in premarket trading, potentially breaking a three-day win streak that has seen it gain nearly 32%. Elon Mu...
Key people from the Fed just spooked the markets — here’s what they said
If there was any question about where the Federal Reserve stands on the key issue of the day — inflation — two important officials brought even more clarity on Tuesday. Fed Governor Lael Brainard and ...
Stock futures inch higher ahead of Fed minutes release
A trader works on the floor of the New York Stock Exchange (NYSE) in New York, March 30, 2022. Brendan McDermid | Reuters Stock futures inched higher in overnight trading Tuesday as investors await th...
Twitter, Carnival, First Solar and more
Carnival Cruise Line’s Carnival Ecstacy cruise ship is docked at the Port of Jacksonville amid the Coronavirus outbreak on March 27, 2020 in Jacksonville, Florida. Sam Greenwood | Getty Images H...
Fed’s Brainard sees balance sheet reduction soon and ‘at a rapid pace’
Lael Brainard, Federal Reserve governor and President Bidens nominee to be the new vice-chair of the Federal Reserve, speaks during her nomination hearing with the Senate Banking Committee on Capitol ...
Carvana, First Solar, Generac and more
Take a look at some of the biggest movers in the premarket: Carvana (CVNA) – Carvana was downgraded to “sector perform” from “outperform” at RBC Capital Markets, with the price...
Stock futures are flat in overnight trading after tech-led rally
Traders on the floor of the NYSE, April 4, 2022. Source: NYSE Stock futures were flat in overnight trading Monday after investors bought the dip in technology shares following recent weakness. Futures...
Twitter, Tesla, Starbucks and more
Take a look at some of the biggest movers in the premarket: Twitter (TWTR) – Twitter shares soared 26.1% in the premarket after a Securities and Exchange Commission filing showed that Tesla CEO Elon M...
Jamie Dimon says inflation, Ukraine war may dramatically increase risks for U.S.
Jamie Dimon, CEO of JPMorgan Chase speaks to the Economic Club of New York in New York, January 16, 2019. Carlo Allegri | Reuters Jamie Dimon, CEO and chairman of the biggest U.S. bank by assets, poin...
Stock futures are flat after S&P 500 notches third straight week of gains
Traders on the floor of the NYSE, March 25, 2022. Source: NYSE U.S. stock index futures were flat during overnight trading Sunday, after the S&P 500 posted a third straight week of gains. Futures ...
Here’s where the jobs are for March 2022 — in one chart
As Covid restrictions eased, rebounds in the leisure and hospitality and business sectors helped to drive a strong March jobs report. The U.S. economy added more than 400,000 jobs in the final month o...
Payrolls rose 431,000 in March, less than expected
Amid soaring inflation and worries about a looming recession, the U.S. economy added slightly fewer jobs than expected in March as the labor market grew increasingly tighter. Nonfarm payrolls expanded...
The Fed’s preferred inflation gauge rose 5.4% in February, the highest since 1983
The Federal Reserve’s favorite inflation measure showed intensifying price pressures in February, rising to its highest annual level since 1983, the Commerce Department reported Thursday. Exclud...
Tellurian, Wynn Resorts, Snap, Walgreens and more
Water from a fountain sprays into the air in front of signage for the Wynn Macau casino resort. David Paul Morris | Bloomberg | Getty Images Check out the companies making headlines in midday trading ...
Goldman Sachs is betting that you’ll want a $10,000 loan from the investment bank
David Zalik, founder and CEO of GreenSky. Chris Hamilton | GreenSky Goldman Sachs, the 153-year old investment bank, is now officially in the home improvement loan business as it continues a push into...
U.S.-listed Chinese stocks jump after China reportedly considers sharing company audits
A security personnel stands guard at the opening session of Baidu’s annual AI developers conference Baidu Create 2019 in Beijing, China, July 3, 2019. Jason Lee | Reuters New York-listed Chinese...
GameStop, Apple, BlackBerry and more
Check out the companies making headlines before the bell: GameStop (GME) – GameStop plans to seek shareholder approval to boost the number of shares outstanding in order to enable a stock split. The v...
Stock futures bounce as investors assess start of new quarter, bond market recession indicator
U.S. President Joe Biden announces the release of 1 million barrels of oil per day for the next six months from the U.S. Strategic Petroleum Reserve, as part of administration efforts to lower gasolin...