Residents wait in line for free groceries from a pop-up food pantry amid the coronavirus disease (COVID-19) outbreak in Chelsea, Massachusetts, May 19, 2020. Brian Snyder | Reuters The historic job losses suffered around the world are disproportionately affecting women, Citi said in a new research report. On top of being an inequality issue, there
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View of New York Stock Exchange, Wall Street on March 23, 2020 in New York City. Angela Weiss | AFP | Getty Images This is a live blog. Please check back for updates. 7:23 am: Stock futures fall as Trump news conference looms Stock futures fell slightly on Friday morning as traders awaited a news
A Chinese and U.S. flag at a booth during the first China International Import Expo in Shanghai, November 6, 2018. Johannes Eisele | AFP | Getty Images Stock futures slipped on Thursday night as traders braced for an upcoming news conference on U.S.-China relations from President Donald Trump. Dow Jones Industrial Average futures dipped 52 points,
Goldman Sachs Group Inc. signage is displayed on a monitor on the floor of the New York Stock Exchange (NYSE) in New York, U.S., on Friday, Oct. 7, 2016. Michael Nagle | Bloomberg | Getty Images Goldman Sachs isn’t convinced there’s a case for investing in cryptocurrencies like bitcoin. Crypto evangelists — perhaps unsurprisingly —
A view of the fearless girl wearing a mask in front of the New York Stock Exchange in New York City USA during coronavirus pandemic on April 25, 2020. John Nacion | NurPhoto | Getty Images This is a live blog. Please check back for updates. 8:55 am: U.S. GDP contracted 5% in the first
Construction workers build a Toll Brothers home in Boca Raton, Florida. Joe Raedle | Getty Images Check out the companies making headlines after the bell. Virgin Galactic Holdings — The aerospace company’s stock fell 3% in extended trading after fellow space travel company SpaceX had to delay its historic astronaut launch with NASA because of bad weather.
A major market shift is forming as the economy begins to reopen: Value stocks are gaining popularity over growth names, including technology. But according to Oppenheimer Asset Management’s John Stoltzfus, that doesn’t mean the winners will automatically become losers. The market bull sees technology as a vital part of the economic fight to function amid
Traders work on the floor of the New York Stock Exchange shortly after the opening bell in New York City, November 21, 2019. Lucas Jackson | Reuters This is a live blog. Please check back for updates. 8:03 am: ‘Storm clouds starting to clear’ for Tesla, analyst says Wedbush analyst Dan Ives hiked his price
An empty road leads into a deserted Disney resort after it was closed due to the COVID-19 pandemic in Kissimmee, Florida on May 5, 2020. Daniel Slim | AFP | Getty Images Check out the companies making headlines after the bell. Tractor Supply Company — The farm supplies retailer’s stock shot up 7% in extended
U.S. stock futures were flat in overnight trading, as investors juggled optimism about the reopening of the economy and a possible coronavirus vaccine as well as concerns about U.S.-China tensions. Recent hopes for a return to normal consumer habits has pushed the Dow Jones Industrial Average and S&P 500 to briefly touch key market levels
Traders work on the floor of the New York Stock Exchange (NYSE) in New York, U.S., March 20, 2020. Lucas Jackson | Reuters This is a live blog. Please check back for updates. 8 am: U.S. oil on track for best month ever West Texas Intermediate, the U.S. oil benchmark, is on track for its
Invesco’s Kristina Hooper warns the coronavirus is not the biggest threat to the market. She sees flaring U.S.-China trade tensions potentially doing the most harm to stocks. “The pandemic has largely been isolated and neutralized because of all the monetary policy support that the Fed has provided,” she told CNBC’s “Trading Nation” on Friday. “That
The New York Stock Exchange (NYSE) stands in lower Manhattan on May 18, 2020 in New York City. Markets surged today as promising details of a potential COVID-19 vaccine were released and more European countries gradually re-opened after months of lockdown. Spencer Platt | Getty Images Stock futures opened higher in overnight trading Monday to
Will Smith and Kevin Hart pose backstage at the 2016 MTV Movie Awards at Warner Bros. Studios on April 9, 2016 in Burbank, California. Jason Kempin | MTV1415 | Getty Images for MTV Xiaoyin Qu never predicted how relevant her app would become in a pandemic. The former Facebook employee originally set up Run The
Take a look at some of the biggest movers in the premarket: Deere (DE) – The construction equipment maker reported fiscal second-quarter earnings of $2.11 per share, compared to the consensus estimate of $1.62 a share. Revenue beat estimates as well. Deere said it expects global equipment sales to fall 30% to 40% this year
In a normal year, sports fans would be gearing up for the NBA playoffs at the end of May. This spring, with no live competition, some are searching for thrills in the stock market. U.S. brokerage firms have seen a flood of retail trading activity in recent months. Analysts say a lack of pro sports-betting
New York, USA – May 8, 2018: Wall Street sign near New York Stock Exchange with flags of the United States. ymgerman | iStock Editorial | Getty Images This is a live blog. Here’s what’s happening: 9:30 am: Stocks open little changed on final day of strong week Stocks opened slightly lower on Friday after
The New York Stock Exchange (NYSE) is seen in the financial district of lower Manhattan during the outbreak of the coronavirus disease (COVID-19) in New York City, April 26, 2020. Jeena Moon | Reuters U.S. stock futures were higher on Thursday night after a decline in some major tech stocks, along with dismal employment data
A shopper shops in a Ross store in Lewiston, Idaho. Francis Dean | Corbis | Getty Images Check out the companies making headlines after the bell. HP Enterprise — The information technology company’s stock dropped 5% in extended trading after the company reported second-quarter earnings. HP Enterprise said it had earnings of 22 cents per
People who lost their jobs wait in line to file for unemployment following an outbreak of the coronavirus disease (COVID-19), at an Arkansas Workforce Center in Fort Smith, Arkansas, U.S. April 6, 2020. Nick Oxford | Reuters This is a live blog. Check back for updates 9:16 am: Oil jumps to highest level in more than