Check out the companies making headlines in premarket trading: FedEx — Shares tumbled more than 8% after the parcel delivery company slashed its full-year guidance , citing “weakness” in the U.S. industrial economy. FedEx now said to expect between $18 and $18.60 in earnings per share after certain exclusions, down from the range of $19…
Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last hour of trading on Wall Street. Market update: Stocks moved off their session highs and struggled to hold onto their gains. The S & P 500 is on pace for a small…
The Magnificent Seven companies reporting in the week ahead could unlock the next leg of the rally, as investors bet that earnings growth fueled by artificial intelligence could power a market some worry has gone to excess. The Federal Reserve will also hold its January meeting, with key inflation data coming Friday. Four out of…
10 things to watch Thursday, Jan. 16 1. The S & P 500 was looking at a muted open Thursday, the morning after its best gain since the election. The 10-year Treasury yield was slightly higher after falling Wednesday in response to a cooler-than-expected consumer inflation report. December retail sales, released before Thursday’s opening bell,…
Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last hour of trading on Wall Street. Markets: The S & P 500 is slightly higher and on pace to break a three-day losing streak, but it’s been a choppy session. The tech-heavy…
Top 10 things to watch Thursday, Oct. 24 CNBC’s Matthew J. Belvedere with the help of Jeff Marks wrote this dispatch. 1. The S & P 500 was trying to break a three-session losing streak. Stocks were given some relief from lower bond yields, which have been recently rising despite the Fed’s monetary easing. Bond…
Traders work on the floor of the New York Stock Exchange (NYSE) on October 22, 2024 in New York City. Spencer Platt | Getty Images Stocks @ Night is a daily newsletter delivered after hours, giving you a first look at tomorrow and last look at today. Sign up for free to receive it directly in your…
Traders work on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., October 23, 2024. Brendan McDermid | Reuters Futures linked to the S&P 500 traded near the flatline Wednesday night after the index notched a three-day run of losses. S&P 500 futures added 0.1%, while Nasdaq 100 futures rose…
Check out the companies making headlines in midday trading: Boeing — The stock climbed 3%. The aircraft maker reached a new contract proposal with its machinists’ union, which could end a strike that has been going on for more than a month. The ratification vote is set for Wednesday. Warby Parker — The eyeglass maker…
My top 10 things to watch Monday, Oct. 21 1. Wall Street is on pace for a weaker open. Bonds are in control as the long end of the yield curve keeps going higher. The yield on the benchmark 10-year Treasury note hit 4.132%, its highest level since July 31. In my Sunday column for…