Stock futures were flat in overnight trading on Monday after a rebound from a rollercoaster week as investors looked past the potential impact from the new omicron coronavirus variant. Futures on the Dow Jones Industrial Average rose just 15 points. S&P 500 futures and Nasdaq 100 futures were both little changed. The overnight session followed
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In this article KSS GCP MS UAL SAVE A jet from American Eagle, a regional branch of American Airlines (AA), takes off past other AA aircraft at Ronald Reagan Washington National Airport in Arlington, Virginia, December 3, 2021. Chris Helgren | Reuters Check out the companies making headlines in midday trading. Airlines — Airline stocks
Steven A. Cohen Getty Images Hedge-fund billionaire and NY Mets owner Steve Cohen has invested in a crypto start-up that aims to launch a stock exchange with 24-hour trading. Cohen’s venture-capital fund Point72 Ventures is leading a $14 million funding round for 24 Exchange, a Bermuda-based crypto and foreign exchange trading platform that wants to bring
S&P 500 futures were higher even after a losing week on Wall Street as investors ditched equities amid concerns over the new omicron Covid variant and the Federal Reserve’s move to tighten policy. Nasdaq stock futures were the underperformer on Sunday following a big drop in bitcoin over the weekend and as investors continued to
In this article BTC.CM= ETH= The Bitcoin logo is displayed on the screen of a Bitcoin ATM on November 10, 2021 in Los Angeles, California. Mario Tama | Getty Images Bitcoin prices stabilized on Sunday morning after wild trading sent the cryptocurrency tumbling more than 17% in just 24 hours. The cryptocurrency traded at $48,953
In this article FDS MS F SPGS UBER KR A shopper holding an umbrella walks towards a Kroger Co. grocery store in Louisville, Kentucky, U.S., on Sunday, April 26, 2020. Stacie Scott | Bloomberg | Getty Images Check out the companies making headlines in midday trading Thursday. Kroger — Shares of Kroger ran up 12.5%
Xavier Lorenzo | Moment | Getty Images Some states are making it easier for Americans to collect unemployment benefits if they’re fired for being unvaccinated against Covid-19. The governors of Florida, Iowa, Kansas and Tennessee signed laws in recent weeks that change eligibility rules for jobless benefits. Workers in these states who lose a job
In this article ULTA MRVL DOCU OLLI Florida, Port St Lucie, The Landing at Tradition, outdoor mall, Ulta, beauty cosmetics store. Jeff Greenberg | Universal Images Group | Getty Images Check out the companies making headlines after the bell: Marvell Technology — Shares of Marvell Technology surged more than 11% in extended trading after the
Visitors look at an immersive art installation titled ‘Machine Hallucinations Space: Metaverse’ by Refik Anadol at the Digital Art Fair Asia in Hong Kong, Oct. 3, 2021. Lam Yik | Bloomberg | Getty Images MIAMI BEACH, Fla. – Even if NFTs are a flash in the pan, cryptocurrency investors are betting that the underlying blockchain technology
In this article MRVL BIG DOCU DIDI A logo of ride-hailing giant Didi Chuxing displayed on a building in Hangzhou in China’s eastern Zhejiang province. STR | AFP | Getty Images Check out the companies making headlines in midday trading. DocuSign — The software stock plunged 40% after the company issued fourth-quarter sales guidance that was
In this article DIDI Budrul Chukrut | LightRocket | Getty Images Didi shares soared as much as 14% in U.S. premarket trading Friday after the company announced plans to delist from the New York Stock Exchange and pursue a listing in Hong Kong instead. Shares of the Chinese ride-hailing giant have been hammered by regulatory
A trader works on the trading floor of the New York Stock Exchange in New York, Nov. 30, 2021. Michael Nagle | Xinhua News Agency | Getty Images Stock futures were lower in overnight trading Thursday ahead of the November jobs report as the market nears the end of a roller-coaster week driven by Covid
Mike Stocker/South Florida Sun Sentinel/Tribune News Service via Getty Images More than $87 billion in unemployment benefits funded by the federal government was likely siphoned from the system during the Covid-19 pandemic, much of it due to fraud, according to a U.S. Department of Labor report. Congress authorized many new programs in the pandemic’s early
A QR code for digital payment services WeChat by Tencent and Alipay by Ant Group, an affiliate of Alibaba Group, is displayed at a parking lot on December 27, 2020, in Yichang, Hubei province of China. Wang Jianfeng | Visual China Group | Getty Images GUANGZHOU, China — Barriers between China’s tech rivals like Alibaba
U.S. stock index futures inched higher during overnight trading on Wednesday, after the CDC confirmed the first known case of the omicron variant in the U.S., sending stocks tumbling. Futures contracts tied to the Dow Jones Industrial Average gained 72 points. S&P 500 futures advanced 0.2%, while Nasdaq 100 futures added 0.25%. During regular trading
In this article CRM VRTX LEN Salesforce signage outside office building in New York. Scott Mlyn | CNBC Check out the companies making headlines in midday trading Wednesday: Allbirds — Allbirds shares sunk more than 13% after the shoe maker’s losses grew in the third quarter, even as its revenue rose from last year. The quarterly
Traders work on the floor of the New York Stock Exchange (NYSE) at the start of trading on Monday following Fridays steep decline in global stocks over fears of the new omicron Covid variant discovered in South Africa on November 29, 2021 in New York City. Spencer Platt | Getty Images U.S. stock futures were
The latest market setback may be a foreshock to a more serious downturn. The Leuthold Group’s Jim Paulsen predicts a 10% to 15% pullback will rattle investors next year due to high valuations and less accommodative Federal Reserve policies. “We are way overdue for a correction, and we’re going to get one,” the firm’s chief
Recruiters speak with potential applicants during a job fair in Leesburg, Virginia, on Oct. 21, 2021. ANDREW CABALLERO-REYNOLDS | AFP | Getty Images Claims for unemployment benefits dipped to their lowest point in more than 50 years the week before Thanksgiving — a remarkable rebound from the nosebleed levels earlier in the Covid-19 pandemic. The
Federal Reserve Chairman Jerome Powell testifies during a Senate Banking, Housing and Urban Affairs Committee hearing on the CARES Act, at the Hart Senate Office Building in Washington, DC, U.S., September 28, 2021. Kevin Dietsch | Reuters Federal Reserve Chairman Jerome Powell believes that the omicron variant of Covid-19 and a recent uptick in coronavirus