Falling stock markets have wiped out more than $9 trillion in wealth from U.S. households, putting more pressure on family balance sheets and spending. Americans’ holdings of corporate equities and mutual fund shares fell to $33 trillion at the end of the second quarter, down from $42 trillion at the […]
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After hours stock movers: RH, DocuSign, Zumiez
RH (RH): RH shares rose 1% after hours after the retailer beat on both the top and bottom lines for the second quarter but cut its full year revenue forecast. Sales for the quarter totaled $991.6 million, up 0.3% from a year ago, on adjusted earnings of $8.08 per share. […]
Why the Fed wants to see a strong dollar and falling stock prices
This article first appeared in the Morning Brief. Get the Morning Brief sent directly to your inbox every Monday to Friday by 6:30 a.m. ET. Subscribe Thursday, September 8, 2022 Today’s newsletter is by Jared Blikre, a reporter focused on the markets on Yahoo Finance. Follow him on Twitter @SPYJared. […]
Stock sell-off extends into third day amid renewed rate fears
U.S. stocks fell on Tuesday to mark a third-straight losing session, deepening a rout kicked off Friday following Fed Chair Jay Powell’s speech in Jackson Hole. When the bell rang on Wall Street, the S&P 500 was off 1.1%, the Dow down 1%, and the tech-heavy Nasdaq fell 1.1%. Tuesday’s […]
This stock market indicator is flashing a bullish sign: Chart
With stocks in rally mode from the June lows, top execs are dipping their toes back into markets in what may be a bullish indicator for investors. New data from Sundial Capital Research shows that insider buying by corporate executives — often viewed as a positive indicator for equities markets […]
What’s behind the Invitae stock roller coaster? Morgan Stanley weighs in
Shares of San Francisco-based genetic testing and data company Invitae Corporation (NVTA) exploded higher after reporting earnings Tuesday night. After 6.5 trading hours on Wednesday, Invitae stock had nearly tripled in value before traders began cashing in some gains. In fact, on Thursday the stock has returned over half of […]
Dem Rep. Kathy Manning scooped up thousands in chip company stock one day before voting to pass CHIPS Act
Check out what’s clicking on FoxBusiness.com. Democratic Rep. Kathy Manning, D-N.C., scooped up thousands of dollars in semiconductor company stock just one day before voting to pass a bill providing massive subsidies to the sector, new disclosures show. One of the companies is already planning large-scale investments made possible due […]
Stock market news today: Dow and S&P 500 updates
A ‘for sale’ sign hangs in front of a home on June 21 in Miami, Florida.(Joe Raedle/Getty Images)) The next Federal Reserve meeting is still six weeks away, and a lot more data on inflation, the job market and consumer spending will come out in the meantime. But for what […]
Bed Bath & Beyond, GameStop, AMC all surge as meme stock mania makes a comeback
Meme stocks are having a moment. Again. Shares of Bed, Bath & Beyond (BBBY), GameStop (GME), and AMC (AMC) all surged on no news to start the week, with renewed attention on these names from the traders on Reddit’s Wallstreetbets message board investors came to know in early 2021 the […]
Malaysia Business & Finance Information, Stock Updates
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Malaysia Business & Finance News, Stock Updates
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