Finance

U.S. stock futures opened flat in overnight trading, following a rally in the previous session as plans to ease coronavirus-induced lockdowns fueled investor appetite for riskier assets.  Dow futures fell 10 points, indicating a loss of 0.17% at the open on Tuesday. The S&P 500 and Nasdaq were also set to open lower, with losses

Workers wash off hoses that are part of the oil rig owned by Liberty Resources, located just outside of Tioga, ND in the Bakken region of US. Brad Quick | CNBC U.S. oil prices plunged more than 25% on Monday on fears that worldwide storage will soon fill as the coronavirus pandemic continues to roil

U.S. Donald Trump, left, listens as Steven Mnuchin, U.S. Treasury secretary, speaks during a Coronavirus Task Force news conference at the White House in Washington, D.C., on Thursday, April 2, 2020. Kevin Dietsch | UPI | Bloomberg via Getty Images Even as the U.S. small business relief program is set to reopen Monday with fresh

Charging Bull Statue is seen at the Financial District in New York City, United States on March 29, 2020. Tayfun Coskun | Anadolu Agency | Getty Images Stocks futures fell on Sunday night, following oil prices lower, while investors assessed the possibility of re-opening the global economy after the coronavirus outbreak. Dow Jones Industrial Average futures

Orphaned rhinos are seen amid the spread of the coronavirus disease (COVID-19), at a sanctuary for rhinos orphaned by poaching, in Mookgopong, Limpopo province, South Africa April 17, 2020. Siphiwe Sibeko | Reuters Ryan Tate is supposed to be in South Africa right now helping to fight off poachers who hack horns off rhinos and

A customer browses products at a Walmart store in Burbank, California Patrick T. Fallon | Bloomberg | Getty Images U.S. consumer sentiment fell for a third straight month as people weigh the coronavirus pandemic and the possibility of an economic re-opening, data released Friday by the University of Michigan showed. The consumer sentiment index fell

Comstock | Stockbyte | Getty Images “Scary,” “unbelievable,” “so dramatic,” “unprecedented,” “very visceral”: These are among the choice words Wall Street veterans used to describe what was, for the oil market, a week for the history books. On Monday, for the first time on record, West Texas Intermediate (WTI), the U.S. oil benchmark, plunged below

A man wears a gas mask as he travels in a flight from Miami to Atlanta in Miami, on April 23, 2020. Chandan Khanna | AFP | Getty Images It’s clear that Americans have slowed their spending drastically as many industries essentially grind to a halt amid the coronavirus pandemic and job losses mount. But the

The Small Business Administration said Friday that hedge funds and private equity firms are ineligible for the small business relief program.  The move comes after reports that hedge funds had applied for the first round of the Paycheck Protection Program. That fed into a public backlash after the program’s initial $350 billion was quickly exhausted and

8:00 am: Tyson downgraded on worries about planet closures Shares of Tyson Foods fell more than 1% in premarket trading on Friday following a downgrade to market-perform from outperform from AB Bernstein. The Wall Street firm said it has near-term uncertainty around Tyson’s ability to maintain production levels with closed production plants and absent workers.

Wall Street stands empty as people stay away from the area due to the coronavirus on March 30, 2020 in New York City. Spencer Platt | Getty Images U.S. stock futures were slightly lower on Thursday night as investors continued to weigh the prospects of a potential coronavirus treatment. Dow Jones Industrial Average futures were

Steven Eisman, senior portfolio manager at Neuberger Berman. Katie Rooney | CNBC Renowned investor Steve Eisman said Thursday U.S. banks are an attractive investment following the coronavirus-induced market sell-off. “I actually think long-term, the best cyclical play out there are the very large banks,” Eisman, senior portfolio manager at Neuberger Berman, told CNBC’s “Fast Money.”

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 Fayetteville, Arkansas, April 6, 2020. Nick Oxford | Reuters This is a live blog. Please check back for updates. 8:00 am: Oil jumps again, adding to comeback from historic lows

Is China’s debt burden too much to bear? Getty Images BEIJING — Demand for consumer loans is picking up in China, especially among the less affluent, highlighting a group that some say could use more support during the coronavirus-induced economic downturn.  The disease, officially called Covid-19, emerged late last year in the Chinese city of Wuhan.

The United States Oil Fund, a popular exchange-traded security known for its ‘USO’ ticker, announced another change to the fund’s makeup on Wednesday as it tries desperately to retain investors after a 80% drop this year. USCF, the manager of the fund, said that it will execute a one-for-eight reverse share split for USO that

Pedestrians stand in front of the New York Stock Exchange (NYSE) in New York, U.S., on Friday, March 13, 2020. Mark Kauzlarich | Bloomberg | Getty Images This is a live blog. Check back for updates. 8:08 am: Chipotle rallies 6% as digital sales surge 81% amid virus outbreak 7:58 am: Wall Street analysts see more

U.S. stock futures pointed to modest gains at the open on Wednesday, following recent weakness in markets aggravated by oil’s massive decline. Dow futures rose 40 points, indicating a gain of about 0.3% at the open. The S&P 500 and Nasdaq Composite were also slated to open higher, with gains of 0.3% and 0.6%, respectively. 

IBM President and CEO Virginia Rometty delivers a speech to participants during the 4th edition of the Viva Technology show at Parc des Expositions Porte de Versailles in Paris on May 16, 2019. Chesnot | Getty Images Check out the companies making headlines in midday trading.  IBM —  Shares of IBM dropped nearly 6% after the company reported

A man wearing a mask walks by the New York Stock Exchange (NYSE) on March 17, 2020 at Wall Street in New York City. Johannes Eisele | AFP | Getty Images This is a live blog. Check back for updates. 7:16 am: Stock futures fall as historic oil decline continues Wall Street headed for another

Stock futures bounced slightly in overnight trading on Monday as oil prices bounced off their lows following an unprecedented wipeout. Futures on the Dow Jones Industrial Average rose 80 points. S&P 500 futures added 0.3%. The gains came as the more actively-traded June oil contract rebounded by 2%. The May contract, which triggered Monday’s stock