Breaking News: Markets
4 things Costco CEO Craig Jelinek said in a rare interview on the economy, retail trends and more
The Investing Club breaks down CNBC’s interview with Costco CEO Craig Jelinek. Source
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Stocks making the biggest moves in the premarket: Twitter, Wynn Resorts, Las Vegas Sands and more
Take a look at some of the biggest movers in the premarket: Twitter (TWTR) – Twitter slid in premarket trading after Elon Musk announced late Friday that he was abandoning his $44 billion takeover deal. Twitter responded by saying it plans legal action to hold Musk to the agreed-upon transaction. Wynn Resorts (WYNN), Las Vegas […]
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S&P 500 futures edge lower ahead of kickoff to earnings season
Traders on the floor of the NYSE, June 24, 2022. Source: NYSE U.S. equities futures dipped Sunday evening as Wall Street looked ahead to big company earnings reports and key inflation data, on the heels of a strong employment report. Futures tied to the Dow Jones Industrial Average slipped by 51 points, or 0.1%. S&P […]
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Big payroll gains push recession fears into the corner — for now
A worker wearing a protective mask slices beef in the butcher section of a Stew Leonard’s supermarket in Paramus, New Jersey, on Tuesday, May 12, 2020. Angus Mordant | Bloomberg | Getty Images June’s big payroll jump helped clear away some of those recession clouds for a U.S. economy that nonetheless faces some stormy weather […]
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Stocks making the biggest moves midday: Upstart, WD-40, Vita Coco and more
The Twitter logo and trading information is displayed as a trader works on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., May 3, 2022. Brendan Mcdermid | Reuters Check out the companies making headlines in midday trading. Upstart — The consumer lender’s shares tumbled by more than 20% after […]
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Payrolls increased 372,000 in June, more than expected, as jobs market defies recession fears
Job growth accelerated at a much faster pace than expected in June, indicating that the main pillar of the U.S. economy remains strong despite pockets of weakness. Nonfarm payrolls increased 372,000 in the month, better than the 250,000 Dow Jones estimate and continuing what has been a strong year for job growth, according to data […]
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Stocks making the biggest moves premarket: Levi Strauss, GameStop, Twitter and more
Check out the companies making headlines before the bell: Levi Strauss (LEVI) – Levi Strauss rallied 3.9% in the premarket after reporting better-than-expected sales and profit for its latest quarter, helped by higher prices and strong demand for its denim offerings. Levi Strauss also raised its quarterly dividend by 20%. GameStop (GME) – GameStop fell […]
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Asia-Pacific markets trade higher ahead of U.S. jobs report
SINGAPORE — Asia-Pacific markets opened higher on Friday as investors look ahead to the release of U.S. jobs data for June. The Nikkei 225 rose 0.54%, while the Topix index gained 0.34%. Australia’s S&P/ASX 200 advanced 0.51%. South Korea’s Kospi added 0.91%, while the Kosdaq was 1.03% higher. The U.S. Bureau of Labor Statistics is set […]
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Stock futures are slightly lower ahead of key jobs report
A trader walks on the floor of the New York Stock Exchange (NYSE) in New York, U.S., on Monday, June 27, 2022. Michael Nagle | Bloomberg | Getty Images Stock futures slipped in overnight trading following a rally on Wall Street as investors await a key jobs report Friday. Futures tied to the Dow Jones […]
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