Stock futures rose on Thursday as investors tried to hold on to January’s rally amid concerns over monetary policy and slowing earnings. Futures contracts linked to the Dow Jones Industrial Average rose 11 points, or 0.03%. S&P 500 and Nasdaq 100 futures gained 0.09% and 0.27% respectively. Nordström fell more than 5% in after-hours trading … Read more
Equity futures traded lower on Thursday, building on losses from the previous session, as rate and recession fears rattled market sentiment. Futures contracts linked to the Dow Jones Industrial Average fell 224 points, or 0.7%. S&P 500 and Nasdaq 100 futures lost 0.7% and 0.9% respectively. Wall Street is coming out of a losing session. … Read more
A coil of aluminum sits in storage awaiting transport at an Alcoa World Alumina Australia foundry, part-owned by Alumina Ltd., in Point Henry, Australia. Carla Gottgens | Bloomberg | Getty Images Find out which companies are making headlines after hours. Discover financial services – Shares of Discover Financial Services fell 6.2% after the credit card … Read more
Traders work on the floor of the New York Stock Exchange during morning trading on January 17, 2023 in New York City. Michael M. Santiago | Getty Images The Dow Jones Industrial Average fell more than 600 points on Wednesday as investors took profits on some of January 2023’s strong gains and a disappointing retail … Read more
The Federal Reserve Building is seen ahead of the Federal Reserve Board signaling its intention to raise interest rates in March as it focuses on fighting inflation in Washington, D.C. January 26, 2022. Joshua Roberts | Reuters The six largest U.S. banks have until the end of July to show the impact climate change could … Read more
A Cheesecake Factory restaurant in Louisville, Kentucky. Andy Lyon | Getty Images Check out the companies making the biggest moves at midday: Goldman Sachs – The bank fell more than 2% after reporting earnings per share and revenue that missed Wall Street estimates on Tuesday. investment related news Pfizer – Wells Fargo downgraded the pharmaceutical … Read more
David Solomon, chief executive of Goldman Sachs Group Inc., during a Bloomberg Television talk at the Goldman Sachs Financial Services Conference in New York, U.S., Tuesday, Dec. 6, 2022. Michael Nagle | Bloomberg | Getty Images Goldman Sachs is expected to release its fourth-quarter results before the opening bell on Tuesday. Here’s what Wall Street … Read more
Goldman Sachs: China’s ‘exit wave’ on reopening weighs on economy China’s “exit wave” in its reopening process has slowed the economy significantly, Goldman Sachs economists said in a report. “The ongoing ‘exit wave’ following China’s faster-than-expected reopening has weighed heavily on economic activity in recent months, due to a surge in infections, a temporary labor … Read more
Being negative can be great. Staying negative can be deadly. Because, almost all of 2022 will be remembered as a year of disappointment and discouragement. Not for bears. They were sometimes pushed back – but for the most part they had the seal race. Every time you got too excited, too optimistic, you got your … Read more
Traders work on the floor of the New York Stock Exchange. Getty Images Equity futures fell slightly on Monday evening as investors tried to continue to build on the momentum of early 2023 and expected more corporate earnings. Futures contracts linked to the Dow Jones Industrial Average lost 14 points, just below the fixed line. … Read more
