Dow Jones futures fell slightly overnight, along with S&P 500 futures and Nasdaq futures. Amazon will cut far more jobs than it previously planned. X Stocks traded up and down Wednesday, amid a Microsoft (MSFT) sell-off, stronger-than-expected economic data and a still-hawkish Federal Reserve, clearly worried about a market rally undermining its inflation fight. The … Read more
The Dow Jones Industrial Average rose Wednesday ahead of economic data and minutes from the Federal Reserve’s latest policy meeting. Meanwhile, software giant Microsoft sold off more than 4% on an analyst downgrade as Tesla stock bounced after hitting another new low Tuesday. X Minutes of the Fed’s December meeting come out at 2 p.m. … Read more
Spencer Platt Wall Street’s major indices on Tuesday slid in the first trading session of the new year, weighed down by losses in energy stocks along with a dip in shares of Apple and Tesla. By mid-day, the tech-heavy Nasdaq Composite (COMP.IND) was down 1.28% to 10,332.11 points. The benchmark S&P 500 (SP500) was lower … Read more
Dow Jones futures will open on Monday evening, along with S&P 500 futures and Nasdaq futures. Tesla (TSLA) deliveries hit a record in Q4, but came in below estimates for a second straight quarter. That followed December deliveries from China EV rivals Li Auto, Nio, XPeng and giant BYD. X Investors will be looking for … Read more
Dow Jones futures will open Sunday evening, along with S&P 500 futures and Nasdaq futures. X The stock market rally had solid gains in the holiday-shortened week. The Dow Jones hit a seven-month high. But the S&P 500 index is coming up to its 200-day moving average, a key resistance area. Several economic reports loom … Read more
Dow Jones futures will open on Sunday evening, along with S&P 500 futures and Nasdaq futures. X The stock market rally had solid gains in the holiday-shortened week. The Dow Jones hit a seven-month high. But the S&P 500 index is coming up to its 200-day moving average, a key resistance area. Several economic reports … Read more
Dow Jones futures rose Friday, as the stock market looked to close out of a week of solid gains. The stock market will close early Friday at 1 p.m. ET. X China-related stocks showed weakness Friday, as China’s new Covid-19 cases hit a record high. Nearly 30,000 infections were recorded Wednesday, surpassing the previous record … Read more
Apple (AAPL) reportedly is interested in U.K. soccer giant Manchester United (MANU). Meanwhile, the Federal Trade Commission reportedly will challenge the planned Microsoft (MSFT) acquisition of Activision Blizzard (ATVI). X Apple-Manchester United? Apple could pay 5.8 billion pounds ($7 billion) for Manchester United, the Daily Star reported. The Dow Jones tech titan has no experience … Read more
Dow Jones futures rose slightly Thursday afternoon, along with S&P 500 futures and Nasdaq futures, with U.S. markets closed for the Thanksgiving Day holiday. Apple, Microsoft and Tesla are in the news. X The stock market rally was positive for a second straight session on Wednesday. Fed officials see slower rate hikes coming “soon,” according … Read more
Michael M. Santiago/Getty Images News U.S. major market indices extended gains slightly on Wednesday after the minutes of the Federal Reserve’s November meeting showed that policymakers agreed that a slower pace of rate hikes could happen soon. Fed officials said continued high inflation meant that the federal funds rate may have to go higher than … Read more