A trader works on the floor at the New York Stock Exchange (NYSE) in New York, August 20, 2021. Andrew Kelly | Reuters U.S. stock futures were steady in overnight trading on Wednesday following the S&P 500’s rally that saw the index cross the 4,500 level for the first time ever. Dow futures rose 31
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Salesforce signage outside office building in New York. Scott Mlyn | CNBC Check out the companies making headlines after the bell: Salesforce — Salesforce shares rose 3% in extended trading on Wednesday after the enterprise software maker reported fiscal second-quarter earnings and forward guidance that exceeded analysts’ estimates. Revenue increased 23% year over year in the
In this article URBN SAVA EXPR JNJ DKS SCVL Check out the companies making headlines before the bell: Dick’s Sporting Goods (DKS) – The sporting goods retailer’s shares jumped 4.9% in the premarket, as its quarterly earnings beat estimates. The company also announced a $5.50 per share special dividend and a 21% increase in its
Flags of U.S. and China are displayed at American International Chamber of Commerce (AICC)’s booth during China International Fair for Trade in Services in Beijing, China, May 28, 2019. Jason Lee | Reuters BEIJING — Seven months since U.S. President Joe Biden took office, his administration has yet to establish a trade policy with China.
Shoppers leave a Nordstrom store on May 26, 2021 in Chicago, Illinois. Scott Olson | Getty Images Check out the companies making headlines in after hours trading. Nordstrom — Shares of the retailer slid more than 3% in extended trading despite Nordstrom beating top- and bottom-line estimates during the second quarter. The company earned 49
Take a look at some of the biggest movers in the premarket: Best Buy (BBY) – Best Buy shares rallied 4.3% in the premarket after the electronics retailer beat estimates on the top and bottom lines for the second quarter. Best Buy earned $2.98 per share, compared to a $1.85 a share. consensus estimate. Comparable-store
A trader works on the trading floor at the New York Stock Exchange (NYSE) in Manhattan, New York City, U.S., August 11, 2021. Andrew Kelly | Reuters Stock futures edged higher in overnight trading on Monday following a broad-based rally on news that U.S. regulators granted full approval for Pfizer-BioNTech’s Covid vaccine. Futures on the
Los Angeles County Regional Food Bank workers help with food distribution in Willowbrook, California on April 29, 2021. Frederic J. Brown | AFP | Getty Images States that withdrew early from federal unemployment programs pushed few people back to work and fueled a nearly $2 billion cut in household spending, potentially hurting their local economies,
Zephyr18 | iStock | Getty Images The hacker behind the biggest cryptocurrency heist of all time has granted access to the final tranche of stolen funds. Poly Network, a platform in the decentralized finance or “DeFi” space, was hit by a major attack this month which saw the hacker, or hackers, steal more than $600
In this article LTC.CM= ETH.CM= BCH.CM= BTC.CM= PYPL PayPal has launched its cryptocurrency service in the U.K. PayPal LONDON — PayPal is launching its cryptocurrency service in the U.K. The U.S. online payments giant said Monday it would let British customers buy, hold and sell digital currencies, starting this week. It marks the the first
If you can withstand the market’s wild swings, Wilmington Trust’s Meghan Shue believes it’s an ideal time to put cash to work. It may seem counterintuitive, but she’s more comfortable investing in stocks now than earlier this summer when Wall Street was calmer. “It’s actually more unsettling when it appears that everything is good and
Cathie Wood, chief executive officer and chief investment officer of ARK Investment Management LLC, speaks during the Sooner Than You Think conference in the Brooklyn borough of New York on Tuesday, Oct. 16, 2018. Alex Flynn | Bloomberg | Getty Images ARK Invest’s Cathie Wood defended her innovation-focused strategies in the wake of investors betting
Esther George at Jackson Hole, Wyoming David A. Grogan | CNBC The Federal Reserve’s annual Jackson Hole, Wyo., symposium will take place virtually this year due to Covid risks, the Kansas City Fed announced Friday. “While we are disappointed that health conditions will prevent us from being able to gather in person at the Jackson
A trader works at the New York Stock Exchange (NYSE) in Manhattan, New York City, U.S., August 19, 2021. Andrew Kelly | Reuters The markets: it’s August, but it’s also covid. Normal August trading flows are being greatly complicated by the delta variant. A third but still important complication: increasingly authoritarian action in China is
In this article ROST AMAT SPOT BKE FL DE Check out the companies making headlines before the bell: Deere (DE) – The heavy equipment maker reported quarterly earnings of $5.32 per share, compared with a consensus estimate of $4.58, and its revenue beat forecasts as well. Deere was up 1.1% in premarket trading as it
Stock futures were little changed Thursday after a choppy regular trading session ended with the S&P 500 slightly in the green. Futures on the S&P 500 were just under the flatline. Dow Jones Industrial Average futures shed 3 points. Nasdaq 100 futures traded at the flatline. The S&P 500 snapped a two-day losing streak in
In this article NVDA BJ KSS VSCO BBWI The Macy’s Inc. logo is displayed on a monitor at the New York Stock Exchange (NYSE) in New York, U.S., on Monday, Feb. 22, 2016. Michael Nagle | Bloomberg | Getty Images Check out the companies making headlines in midday trading. Macy’s — The retail giant saw
An illustration showing physical bitcoins alongside binary code displayed on a laptop. Jakub Porzycki | NurPhoto via Getty Images Japanese cryptocurrency exchange Liquid said Thursday it has been hit by a cyberattack that saw hackers make off with more than $90 million worth of digital coins. Liquid said some of its digital currency wallets had
Beijing office towers, including Alibaba’s, are illuminated with Chinese characters reading ‘blessing to China’ to celebrate National Day in October 2020. Zang Zhihao | Visual China Group | Getty Images BEIJING — American investors’ shock at an ongoing regulatory crackdown in China points to a fundamental difference between the two countries that many didn’t seem
Federal Reserve officials at their July gathering made plans to pull back the pace of their monthly bond purchases likely before the end of the year, meeting minutes released Wednesday indicated. However, the summary of the July 27-28 Federal Open Market Committee gathering indicated that the central bankers wanted to be clear that the reduction,