Finance

Stock futures were flat in overnight trading on Thursday as the future for additional fiscal stimulus remained uncertain. Futures on the Dow Jones Industrial Average gained about 50 points. S&P 500 futures and Nasdaq 100 futures were both little changed. The overnight action followed back-to-back losses for the S&P 500 as negotiations over a coronavirus

CHICAGO, IL – Chair of The Economic Club of Chicago Mellody Hobson during the Economic Club of Chicago Dinner Meeting at Hilton Chicago on December 6, 2018 Barry Brecheisen | WireImage | Getty Images Mellody Hobson, named Starbucks‘ new board chair on Wednesday, knows what it is like to grow up without money. That’s what

U.S. stock index futures were little changed in overnight trading on Wednesday as investors continued to assess progress on additional stimulus measures, as well as developments on the Covid-19 vaccine front. Futures contracts tied to the Dow Jones Industrial Average gained two points while S&P 500 futures were flat. Nasdaq 100 futures fell 0.1%. During

President of the European Central Bank (ECB) Christine Lagarde reacts during a meeting prior’s to attend a European Parliament’s Committee on Economic Affairs at the EU Parliament, in Brussels, on September 4, 2019. JOHN THYS | AFP | Getty Images The European Central Bank is set to expand its massive stimulus program Thursday as the

U.S. stock futures were flat in overnight trading on Tuesday, building on recent strength that’s pushed the major averages to record highs. Dow futures rose 34 points. S&P 500 futures and Nasdaq 100 futures rose 0.12% and 0.1%, respectively. Fueling the rally is optimism about the U.K.’s rollout of Pfizer’s Covid-19 vaccine on Tuesday. Hope

Katrina Lake, co-founder and chief executive officer of Stitch Fix Inc. David Paul Morris | Bloomberg | Getty Images Check out the companies making headlines midday Tuesday: Stitch Fix — Shares of the clothing subscription service soared 45% after the company beat top and bottom-line estimates during its fiscal first-quarter results . Stitch Fix earned

Investor Peter Boockvar warns bullishness is at dangerous levels. He’s worried about investor optimism touching dot-com-bubble euphoria levels. “Sentiment has gotten as ebullient as we’ve seen in early 2000,” the Bleakley Advisory Group chief investment officer told CNBC’s “Trading Nation” on Monday. “It’s all about that enthusiasm for stocks that should make somebody that is bullish

Traders work on the floor of the NYSE in New York. NYSE Stock futures fell on Monday night as traders kept an eye on negotiations for additional fiscal stimulus while the U.S. coronavirus caseload continues to rise. Dow Jones Industrial Average futures dipped 67 points, or 0.2%. S&P 500 and Nasdaq 100 futures also lost

Traders work the floor of the New York Stock Exchange. NYSE U.S. stock futures rose slightly on Sunday night following a record-setting session as Wall Street searched for clues on additional fiscal aid. Dow Jones Industrial Average futures traded higher by 50 points, or 0.2%. S&P 500 climbed 0.2%, and Nasdaq 100 futures advanced 0.3%.

SINGAPORE — Singtel, as part of a consortium, has just obtained one of Singapore’s first digital banking licenses — but the telecom company’s entrance into the sector is not aimed at bringing down established banks, an executive told CNBC on Monday. The company, which is Singapore’s largest telco, applied for the license with ride-hailing and

Check out the companies making headlines before the bell Friday: Ollie’s Bargain Outlet (OLLI) — Shares of the retailer slid more than 11% following commentary around a slowdown in the company’s fourth-quarter trends. “Quarter-to-date, our comparable-store sales increases are tracking in the low single-digits,” CEO John Swygert said in a statement. Goldman Sachs downgraded the

Nikolay Storonsky, chief executive of Revolut, on stage at the MoneyConf fintech event in Lisbon, Portugal. Seb Daly | Web Summit | Getty Images LONDON — Digital banking start-up Revolut on Friday launched tools for its business clients to accept payments online, looking to compete with payment giants such as Stripe and Adyen. Revolut said

A customer exits a Big Lots store in Clifton, New Jersey. Emile Wamsteker | Bloomberg | Getty Images Check out the companies making headlines in midday trading. Big Lots — The retail stock sank 9% after the company declined to give guidance as part of its third-quarter earnings report. Big Lots beat analyst expectations on

People receive food at a distribution site during the coronavirus pandemic. Spencer Platt | Getty Images News | Getty Images The U.S. economy added 245,000 jobs in November and the unemployment rate fell to 6.7%, the Bureau of Labor Statistics said Friday. It’s the seventh consecutive month of improvement from the depths of the Covid

President Donald Trump has a bill on his desk that could kick several Chinese companies off of U.S. stock exchanges and inflame an already strained relationship between Washington and Beijing. The Holding Foreign Companies Accountable Act would force companies to give up their listings on Wall Street if they refuse to open their books to

Wall Street may be underpricing a risk associated with the next Federal Reserve meeting on interest rates. According to Richard Bernstein Advisors’ Michael Contopoulos, it may come down to President-elect Joe Biden’s pick for Treasury secretary: former Fed Chair Janet Yellen. Contopoulos speculates the Fed could see her appointment as a dovish influence and it

Stock futures were little changed in overnight trading on Thursday as investors awaited a key November jobs report to gauge the pace of labor market recovery in the face of a worsening pandemic. Futures on the Dow Jones Industrial Average gained 60 points. S&P 500 futures were little changed and Nasdaq 100 futures traded 0.2%

Check out the companies making headlines before the bell Thursday: Express (EXPR) — Shares of Express tanked 25% after the retailer reported a wider-than-expected earnings loss. Express said it lost $1.39 per share in the third quarter, versus an estimated loss of 51 cents per Refinitiv. Its revenue also missed expectations. Tesla (TSLA) — Shares

There may be more juice left in the fourth quarter. Ally Invest’s Lindsey Bell said she believes the backdrop supports December gains. “We’re positive that it will be a good end to 2020,” the firm’s chief investment strategist told CNBC’s “Trading Nation” on Wednesday. Bell sees optimism surrounding another coronavirus aid package providing a near-term

Check out the companies making headlines in midday trading.  Palantir — The tech company slid more than 10% after Morgan Stanley downgraded the stock to underweight. The firm said Palantir now trades at a “significant premium” to its peers following shares’ more than 100% jump since the company went public on Sept. 30. Tesla —