2022/01/27 11:58

Stock news

U.S. stocks slumped, with the Dow industrials dropping 491 points, falling for a second straight day as investors parsed economic figures for clues about the pace of monetary-policy tightening. The pullback in futures suggested the U.S. stock market, which is closed Monday for Independence Day, could come under renewed pressure Tuesday. The Dow and S&P 500 closed higher after minutes from the Federal Reserve indicated how the efforts to tame inflation through interest-rate increases may progress. Intraday Data provided by FACTSET and subject to terms of use. Historical and current end-of-day data provided by FACTSET. Real-time last sale data for U.S. stock quotes reflect trades reported through Nasdaq only. Intraday data delayed at least 15 minutes or per exchange requirements.

Stock news

The news was announced by Mele Kyari, the head of Nigerian National Petroleum Corp . Barkindo, 63, was due to step down at the end of this month after six years in OPEC’s top job. After leaving OPEC, Barkindo was due to join U.S. think tank the Atlantic Council’s Global Energy Center as a distinguished fellow. ECONOMY Job openings, additions, inflation impact top investor watch list Wall Street is currently expecting a total https://dotbig.com/ of 11 million job openings as of the end of May and 268,000 new nonfarm jobs in June. Receive full access to our market insights, commentary, newsletters, breaking news alerts, and more. FTSE Russell is due to rebalance its stock benchmarks, adding and deleting companies from indexes tied to trillions of dollars of investments. The European Central Bank is expected to unveil a program to shield indebted economies.

Stock Futures Creep Higher After Release Of Fed Minutes

Shares of GameStop ended the regular trading session down 2.3%. U.S. stocks posted modest gains as investors took in the likely hood of another sizeable rate https://www.wellsfargo.com/ hike from the Federal Reserve at the July meeting, according to the prior meeting minutes. In commodities, oil slipped nearly 1% to $98.53 per barrel.

  • The American Petroleum Institute reported late Wednesday that U.S. crude supplies rose by 3.8 million barrels for the week ended July 1, according to sources.
  • Bitcoin traded around $20,000, gaining for back-to-back days heading into Wednesday.
  • U.S. stocks posted modest gains as investors took in the likely hood of another sizeable rate hike from the Federal Reserve at the July meeting, according to the prior meeting minutes.
  • The company announced the split in late March, although at that time it did not announce the ratio.
  • Major indexes end slightly lower, while investors sought haven assets, after the Fed chairman discussed efforts to tame inflation.

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Charles Payne: This Is A Very Narrow Trading Range

Usana Health Sciences Inc. shares fell in the extended session Wednesday after the nutritional supplement sales company lowered its forecast for the year, blaming lockdowns in China for disrupting regional sales programs. Traders and investors will get some insight Wednesday afternoon into last month’s decision by the Federal Reserve to raise interest rates when minutes of the last meeting are released. U.S. stock indexes climbed, offering investors a reprieve from a recent stretch of whipsaw trading that had sent stocks and cryptocurrencies falling.

Italian bank shares will be a test of the plan’s success. ECONOMY Job openings remain near record levels The total number of job openings fell to 11.3 million in May, less than economists surveyed by Refinitiv DotBig were expecting, as the market remains tight for employers and a win-win for employees. FOX Business is providing real-time updates on the markets, commodities and all the most active stocks on the move.

U.S. stocks advanced after Wall Street notched its worst first half of the year in more than half a century. News Corp is a global, diversified media and information services company focused on creating and distributing authoritative and engaging content and other products and services.

Tesla Rival Rivian Delivers Good News

Split-adjusted trading will follow on July 22, GameStop said. The company announced the split in late March, although at that time it did not announce the ratio. It said then it DotBig was seeking "flexibility for future corporate needs." GameStop split its stock 2-for-1 in March 2007, the only split in its history, according to Dow Jones Market Data Group.

Stock Market Today

Major indexes end slightly lower, while investors sought haven assets, after the Fed chairman discussed efforts to tame inflation. The company made a lackluster debut on Hong Kong’s stock exchange after raising just $85 million in a scaled-back IPO.

U.S. stock benchmarks lost early gains as major indexes failed to maintain last week’s momentum stemming from optimism about the path of Federal Reserve interest-rate increases. International equities broadly rose in the absence of fresh news about inflation and interest rates, while U.S. markets were closed for a public holiday. Fed chief Jerome Powell testified before Congress for a second day. On Wednesday, he said the Fed’s aggressive rate increases to fight inflation could cause a recession.

Royal Caribbean Gets Great News From The U S Government

U.S. stocks drifted marginally higher in early trading as investors await the latest read on job openings via the JOLTs report and ahead of the Federal Google stock Reserve minutes, due at 2pm, for fresh clues on the economy. In commodities, oil continued its drop trading at the $87 per barrel level.

Quotes displayed in real-time or delayed by at least 15 minutes. Powered and implemented byFactSet Digital Solutions.Legal Statement. What a Recession Could Mean for Auto SalesRecent news from Ford has clues to how a potential recession could impact the auto industry. Here’s the price level to watch as Bitcoin continues to seek direction. Mark Zuckerberg, Facebook Say Goodbye to Their CryptoThe CEO of the https://dotbig.com/markets/stocks/GOOGL/ social media giant has just buried the last project of his ambitions in crypto. Tesla Rival Rivian Delivers Good NewsThe EV maker is increasing production rates in the midst of disruption of supply chains. LIFESTYLE TSA on track to confiscate record number of firearms Transportation Security Administration officers have stopped an average of 17 firearms at checkpoints each day over the past six months.