US stocks were mixed as investors weighed further rate hikes US stocks traded mixed at the start of Wednesday’s session as investors weighed the possibility of an interest rate hike from central banks along with a possible recession. The Dow Jones Industrial Average was down about 60 points, or 0.2%, while the Nasdaq Composite was …
European markets open to close, stocks, data and earnings Read More »
Stocks fell on Wednesday as Wall Street struggled to lose three straight days and investors continued to digest anti-inflation comments from Federal Reserve officials. The Dow Jones Industrial Average fell 115 points, or 0.4%. The S&P 500 fell 0.3% and the Nasdaq Composite lost 0.4%. All major averages are on track to end a month …
S&P 500 falls for fourth day, putting summer market comeback in doubt Read More »
Check out the companies making headlines before the bell: Designer Brands (DBI) – The footwear and accessories retailer reported better-than-expected earnings and revenue for the fourth quarter of its business and raised its full-year forecast. Designer Brands added 1.8% at Premarket. Express (EXPR) — Shares of the apparel retailer fell 4.7% in premarket trading after …
Signs outside the Bed Bath & Beyond retail store in New York, August 25, 2022. Gaby Jones | Bloomberg | Getty Images Bed Bath & Beyond shares fell after the retailer switched to meme shares and said in a filing that it would sell shares for an undisclosed amount. Shares were down 19% in pre-market …
Bed Bath & Beyond shares hole after meme stock files show undisclosed amount Read More »
John Williams, CEO of the Federal Reserve Bank of New York, speaks at an event in New York, November 6, 2019. Carlo Allegri | Reuters New York Federal Reserve Chairman John Williams said on Tuesday that he expects interest rates to continue rising and remain at those levels until inflation subsides. Echoing recent comments from …
Fed’s Williams backtracks on his expectations for a rate cut next year Read More »
A customer walks out of a Big Lots store in Clifton, New Jersey. Emile Wamsticker | Bloomberg | Getty Images Check out which companies are making the headlines in midday trading. Big Lots – Stocks jumped 7.8% after the discount retailer posted a smaller-than-expected loss for the last quarter. Revenue also beat expectations, and comparable-store …
Connie Black makes adjustments to the manufacturing line for the series 6 solar panels seen during a tour of a First Solar plant in Walbridge, Ohio, October 6, 2021. Dane Rhys | Reuters First Solar announced Tuesday that it will build a new solar panel manufacturing facility in the U.S. on the heels of the …
First Solar to build new panel factory following Inflation Reduction Act Read More »
John C. Williams, President and CEO of the Federal Reserve Bank of New York, Lyle Brainard, Vice Chairman of the Federal Reserve Board of Governors, and Jerome Powell, Chairman of the Federal Reserve, walk in Teton National Park as financial leaders from around the world gathered for the Jackson Hole Economic Symposium outside Jackson, Wyoming, …