Morgan Stanley sees slump in US earnings in 2023, sharp rebound next year
Morgan Stanley warns of a 16% drop in profit for S&P 500 companies this year, followed by a
2023-06-05 20:24
Futures muted as investors weigh chances of June rate pause
By Sruthi Shankar and Shristi Achar A Wall Street futures were subdued on Monday after a solid rally
2023-06-05 19:49
European shares open flat; London leads on oil boost
European shares opened flat on Monday as markets failed to catch the tailwind from a bounce seen last
2023-06-05 16:24
The S&P 500 finally broke through a key level. Now what?
The S&P 500 index on Friday closed at its highest level in almost a year. But that doesn't mean that stocks are poised for a bull run just yet.
2023-06-04 20:25
Surging US megacap stocks leave some wondering when to cash out
By Lewis Krauskopf NEW YORK As the U.S. stock market continues its climb, investors holding shares of the
2023-06-03 05:29
Dow surges over 700 points as investors cheer jobs report and debt ceiling deal
The Dow surged over 700 points mid-afternoon Friday as investors applauded Congress's passage of the debt ceiling deal and celebrated a cheerful jobs report.
2023-06-03 03:17
Lululemon shares surge as consumers snap up pricier athletic wear
(Reuters) -Shares of Lululemon Athletica Inc soared 15% in premarket trading on Friday, after the premium apparel retailer defied investor
2023-06-02 20:54
Futures rise ahead of May jobs data; debt default averted
By Shreyashi Sanyal and Shristi Achar A U.S. stock index futures rose on Friday after the country narrowly
2023-06-02 19:58
The uber-wealthy are doing just fine and Wall Street is cashing in
Worries of a possible global recession are deepening as heightened inflation and interest rates act as a brake on spending, while geopolitical strife adds to a sense of profound economic uncertainty.
2023-06-02 19:46
Dow set for lower open as Salesforce slide tempers debt deal cheer
By Shreyashi Sanyal and Shristi Achar A The Dow Jones Industrial Average was set to open lower on
2023-06-01 21:15
Online pet goods retailer Chewy surges on sales forecast lift, Canada foray plans
Shares of Chewy Inc rose nearly 20% in premarket trading on Thursday after the online pet supplies retailer
2023-06-01 20:28
The Fed can't figure out what's happening with the job market
Policymakers at the Federal Reserve signaled last month that they were considering a pause in their 14-month long regimen of hiking interest rates to cool the economy and bring down inflation.
2023-06-01 20:15