U.S. stock index futures inched higher during overnight trading on Wednesday, after tech stocks dipped again as investors digest the impact from higher rates. Futures contracts tied to the Dow Jones Industrial Average gained 81 points, or 0.24%. S&P 500 futures advanced 0.24%, while Nasdaq 100 futures gained 0.24%. The Dow and S&P 500 inched
Finance
In this article MU LLY NFLX LCID DLTR ASML-NL Check out the companies making headlines before the bell: Micron Technology (MU) – Micron reported adjusted quarterly earnings of $2.42 per share, 9 cents above estimates, with the chip maker’s revenue also topping Street forecasts. However, its current-quarter forecast fell below consensus, due to computer-making customers
In this article LCID MU SHW Micron Technology headquarters in Biose, Idaho, March 28, 2021. Jeremy Erickson | Bloomberg | Getty Images Check out the companies making headlines after the bell Tuesday: Sherwin-Williams — The paint company saw its stock fall 3% in extended trading after the company lowered its third-quarter sales guidance. “The persistent
U.S. stock futures were mostly flat Tuesday night after the Nasdaq plummeted in its worst day since March as a spike in bond yields sent stocks tumbling. Dow Jones Industrial Average futures rose 78 points, or 0.23%. S&P 500 and Nasdaq 100 futures added 0.16% and 0.08%, respectively. Shares of the semiconductor company Micron fell
U.S. Treasury Secretary Janet Yellen testifies before the Senate Appropriations Subcommittee on Financial Services about the FY22 Treasury budget request on Capitol Hill in Washington, DC, June 23, 2021. Greg Nash | Pool | Reuters Treasury Secretary Janet Yellen on Tuesday told House Speaker Nancy Pelosi that Congress has just under three weeks to address
Visitors walk on the Bund in Shanghai, China, on Friday, February 12, 2021. Qilai Shen | Bloomberg | Getty Images BEIJING — Foreign companies are trying to hold on to lucrative opportunities in China, even if new regulations and the pandemic have made international operations harder. As these businesses watch a crackdown on domestic tech
U.S. stock futures were steady in overnight trading Monday following a rise in bond yields that pressured growth pockets in the market. Dow Jones Industrial Average futures fell just 4 points. S&P 500 futures were flat, and Nasdaq 100 futures fell 0.1%. The 10-year Treasury yield rose on economic optimism and inflation fears, briefly topping 1.5% on
Dado Ruvic | Reuters Famed investor Michael Burry revealed on Twitter that he received a subpoena from the Securities and Exchange Commission in connection with its investigation into GameStop, a wildly speculative stock that the “Big Short” trader once bet on. “So, who got an SEC subpoena over $GME? Actually, I know who, they’re on my
In this article 6666-HK Wilmington Trust’s Meghan Shue is out with a contrarian playbook designed to help investors grab profits during volatility. Even as correction forecasts increase and risk appetites slump on Wall Street, she lists overweighting stocks as her first recommendation for those with 9 to 12 month time horizons. “Over that time frame,
A trader works on the floor of the New York Stock Exchange (NYSE) in New York, U.S., on Monday, Aug. 23, 2021. Michael Nagle | Bloomberg | Getty Images Stock futures climbed in overnight trading on Sunday as investors braced for the last week of a volatile September. Futures on the Dow Jones Industrial Average
Traders work on the floor of the New York Stock Exchange (NYSE) in New York, on Monday, Aug. 23, 2021. Michael Nagle | Bloomberg | Getty Images Stock futures were flat in overnight trading on Thursday after two straight days of gains pushed major averages into positive territory for the week. Futures on the Dow
In this photo illustration, the Bitcoin logo is seen on a mobile device with People’s Republic of China flag in the background. (Photo Illustration by t/SOPA Images/LightRocket via Getty Images) Budrul Chukrut | SOPA Images | LightRocket | Getty Images China’s central bank renewed its tough talk on bitcoin Friday, calling all digital currency activities
In this article APT-AU AFRM Supply chains are snarled and manufacturing is constrained. For weeks, headlines have been telegraphing a clear message to shoppers: This holiday season shop early. In years past, early bird shoppers may have turned to layaway plans to reserve holiday gifts and pay for the purchases over time. But many retailers
In this article PLAY MTCH RCL NCLH The Carnival Cruise Ship ‘Carnival Vista’ heads out to sea in the Miami harbor entrance known as Government Cut in Miami, Florida June 2, 2018. RHONA WISE | AFP | Getty Images Check out the companies making headlines in midday trading. Carnival — Carnival shares rose 4% after
A person reads a list of employers as they attend a job fair at SoFi Stadium on Sept. 9, 2021, in Inglewood, California. PATRICK T. FALLON | AFP | Getty Images There remains little evidence that states successfully nudged people back to work by ending federal unemployment benefits early, according to economists. Twenty-six states withdrew
In this article ETH.CM= BTC.CM= A visual representation of the cryptocurrency Bitcoin on November 20, 2018 in London, England. Jordan Mansfield | Getty Images Bitcoin and ethereum tumbled into the red on Friday, with traders rattled by tough talk out of China. The price of bitcoin fell nearly 6% to $42,240, according to Coin Metrics
Chinese ride-hailing company Didi offers cars for guests of the Annual Meeting of the New Champions 2017 (World Economic Forum’s Summer Davos session) on June 27, 2017, in Dalian, Liaoning Province of China. VCG | Visual China Group | Getty Images BEIJING — As overseas investors reel from Beijing’s regulatory crackdown, the rapid fallout in
The Marriner S. Eccles Federal Reserve building in Washington. Stefani Reynolds/Bloomberg via Getty Images Likely before the end of the year, the Federal Reserve will start to tiptoe into the unknown. Central bank officials indicated Wednesday that they’re ready to begin “tapering” – the process of slowly pulling back the stimulus they’ve provided during the
In this article CRM DRI JOBY BIIB KBH BB Check out the companies making headlines before the bell: Darden Restaurants (DRI) — The Olive Garden parent reported earnings of $1.76 per share, higher than the $1.64-per-share forecast. The restaurant company also reported same-store sales that rose 47.5%, topping estimates. Shares rose 3% in premarket trading.
In this article BABA GUANGZHOU, China — Ant Group will share credit data from its consumer lending business with China’s central bank as part of an overhaul of the fintech giant. Huabei is a consumer loan product under Ant Group. Data from that lending product will be fed into the financial credit information database held