Markets
Tuesday’s big stock stories: What’s likely to move the market in the next trading session
Traders work on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., June 14, 2024. REUTERS/Brendan McDermid Brendan Mcdermid | Reuters Stocks @ Night is a daily newsletter delivered after hours, giving you a first look at tomorrow and last look at today. Sign up for free to receive it directly in […]
Read More
S&P 500 may struggle in the next two months, according to history of past volatility spikes
Investors could be in for a rough time the next two months, if the history of volatility spikes is any indication, according to Bank of America Securities. Bank of America found that the S & P 500 typically is lower two months after the Cboe Volatility Index (VIX) spikes above 45. Wall Street’s so-called fear […]
Read More
Stocks making the biggest moves midday: JetBlue, Hawaiian Electric, KeyCorp, Monday.com and more
Check out the companies making headlines in midday trading: JetBlue — Shares sank 13% after the airline said it plans to sell $400 million of five-year convertible senior notes. Hawaiian Electric Industries — Shares plummeted more than 16% after the utility said it does not yet have a financing plan for the $1.7 billion Maui […]
Read More
Expedia CEO on Q2 results: Seeing softness and slight trade down in U.S. hotel space
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Ariane Gorin, Expedia CEO, joins ‘Squawk on the Street’ to discuss the company’s quarterly earnings results, where consumers are trading down, and where the weakness in the consumer is coming from. Source
Read More
5 things to know before the stock market opens Monday
Here are the most important news items that investors need to start their trading day: 1. Whirlwind week Stocks nearly recovered to break even last week after a rout on Monday. The Dow Jones Industrial Average ended the week down 0.6%, while the S&P 500 and Nasdaq Composite lost 0.04% and 0.18%, respectively. A weak […]
Read More
Stocks making the biggest premarket moves: KeyCorp, Starbucks, JetBlue, Eli Lilly and more
Check out the companies making the biggest moves in premarket trading: KeyCorp — Shares of the Cleveland-based regional bank jumped 18% after the announcement of a minority investment from The Bank of Nova Scotia. The deal gives Scotiabank 14.9% of KeyCorp’s common stock for roughly $2.8 billion in cash. Starbucks — Shares of the coffee […]
Read More
Market sell-off won’t last for one key reason, CIO says: There’s no tech bubble to burst
Global markets are cautiously rebounding from an early-August rout — and one asset manager says there’s no need to fear a burst tech bubble causing a persistent downturn. Technology stocks were among the hardest-hit by the recent sell-off, as declines of 1.6% in July and more than 4% so far in August for Wall Street’s tech-dominated […]
Read More
Adani Group shares shed billions after Hindenburg allegations against regulator
An aeroplane flies behind the Adani logo near a building construction site in Mumbai. Adani group is one of the India’s largest multinational company with a diversified business portfolio. Sopa Images | Lightrocket | Getty Images Shares of Adani Group fell on Monday, after a new report from U.S. short seller Hindenburg accused the chair […]
Read More
Bear market is coming in 2025, warns David Roche, but the Fed will step in before it turns ‘draconian’
Jerome Powell, chairman of the US Federal Reserve, during a Senate Banking, Housing, and Urban Affairs Committee hearing in Washington, DC, US, on Tuesday, July 9, 2024. Tierney L. Cross | Bloomberg | Getty Images Veteran investor David Roche expects a bear market in 2025 caused by smaller-than-expected rate cuts, a slowing U.S. economy and […]
Read More
Asia-Pacific markets set to open mixed after volatile week; India inflation and industrial data in focus
A money lender counts Indian rupee currency notes at his shop in Ahmedabad, India. Amit Dave | Reuters Asia-Pacific markets were set to open mixed on Monday after a roller-coaster week that saw steep sell-offs followed by a sharp recovery, especially in Japan stocks. Futures for key U.S. indexes were lower as investors awaited key […]
Read More