FAANG stocks displayed at the Nasdaq. Adam Jeffery | CNBC Futures contracts tied to the major U.S. stock indexes slipped at the start of the overnight session Monday evening after investors punished Big Tech equities during the regular session. S&P 500 futures shed 0.1%, while those tied to the Dow were little changed. Nasdaq 100
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Chicago Federal Reserve President Charles Evans told CNBC on Monday that employment and inflation will have to pick up substantially before he will change his position on monetary policy. Speaking after Friday’s hugely disappointing jobs report, the central bank official said he still thinks the employment picture is strong, though significant areas of weakness remain.
A logo of Ant Group is pictured at the headquarters of the company, an affiliate of Alibaba, in Hangzhou, Zhejiang province, China October 29, 2020. Aly Song | Reuters BEIJING — Ant Group, an affiliate of Alibaba, is becoming one of the first major privately run businesses to work with China’s digital currency trials. MYbank
Michael Nagle | Bloomberg | Getty Images Futures contracts held steady at the start of the overnight session Sunday evening, suggesting that the major U.S. equity indexes could trade at or near records when regular trading opens in New York. Dow futures gained 35 points, while those linked to the S&P 500 rose 0.1%. Nasdaq
In this article ETH.CM= LTC.CB= BTC.BS=-USS Cameron Winklevoss, left, and Tyler Winklevoss David Paul Morris | Bloomberg | Getty Images Gemini, the cryptocurrency exchange founded by Tyler and Cameron Winklevoss, is going all in on dogecoin. Starting Sunday, the Gemini app will let clients move their holdings in dogecoin into interest-bearing accounts through its Gemini
Take a look at some of the biggest movers in the premarket: Beyond Meat (BYND) – Beyond Meat lost 42 cents per share for the first quarter, more than double the 19 cents per share loss that analysts had expected. Revenue also missed forecasts, with the company saying the pandemic has dampened both retail and
Joan Slatkin/Education Images/Universal Images Group via Getty Images More than 1 in 4 unemployed Americans have been out of work for over a year, according to Bureau of Labor Statistics data issued Friday. Long-term joblessness has been rising steadily throughout the Covid pandemic and poses greater financial risks for affected households. Nearly 2.7 million people
The Roku 3 television streaming player menu is shown on a television in Los Angeles, California, U.S., on Thursday, Sept. 12, 2013. Patrick T. Fallon | Bloomberg via Getty Images Check out the companies making headlines in midday trading. Square – The payment company’s stock rose more than 6% after the company’s first-quarter earnings topped
Packages containing a Green Dot Corp. prepaid Mastercard Inc. debit card and Visa Inc. debit card, left, are arranged for a photograph in Washington, D.C., U.S., on Thursday, Feb. 15, 2018. Andrew Harrer | Bloomberg | Getty Images Another corporation is leaving California. Green Dot, a fintech firm and biggest U.S. provider of prepaid debit
In this article ARKK Cathie Wood, CEO and founder of ARK Invest. CNBC Cathie Wood, founder of Ark Invest, said Friday that the pullback in technology stocks is not a cause for concern, and that her long-term bets will continue to move higher. “I love this set up,” she said Friday on CNBC’s “Closing Bell.”
A trader works at the Goldman Sachs stall on the floor of the New York Stock Exchange. Brendan McDermid | Reuters Goldman Sachs has formally kicked off the cryptocurrency trading era on Wall Street. The bank informed its markets personnel on Thursday that a newly created cryptocurrency trading desk had successfully traded two kinds of
Shannon Stapleton | Reuters Stock futures opened slightly higher Thursday as investors awaited Friday’s highly anticipated jobs report to assess the pace of the labor-market recovery. Dow futures were little changed, while contracts tied to the S&P 500 ticked just above the flatline. Nasdaq 100 futures rose 0.1%. The Labor Department is set to publish
In this article BYND EXPE PTON Roberto Machado Noa Check out the companies making headlines after the bell on Thursday: Peloton — Shares of Peloton dropped more than 6% after the closing bell, when the fitness company reported fiscal third-quarter sales growth of 141%. Its per-share loss for the quarter was also smaller than expected
Coinbase employees spray champagne during the company’s initial public offering (IPO) outside the Nasdaq MarketSite in New York, U.S., on Wednesday, April 14, 2021. Michael Nagle | Bloomberg | Getty Images LONDON — Stock market listings are making founders, venture capitalists and large institutional investors a fortune. Now, retail traders are looking to get in
In this article @1YM21M .DJI U.S. stock index futures were little changed during overnight trading on Wednesday, after the Dow closed at a record. Futures contracts tied to the Dow Jones Industrial Average were 6 points lower. S&P 500 futures and Nasdaq 100 futures were both flat. During the session, the Dow gained 97 points
Federal Reserve Vice Chairman Richard Clarida told CNBC on Wednesday that he thinks the central bank should keep its ultra-loose policy in place even as the U.S. economy storms back from its pandemic-era tumble. In a “Closing Bell” interview, Clarida said he expects the economy to grow close to 7% for the full year, which
Take a look at some of the biggest movers in the premarket: General Motors (GM) – The automaker earned $2.25 per share for the first quarter, compared to a consensus estimate of $1.04 a share, though revenue was very slightly below forecasts. GM said its results were helped by strong auto pricing as well as
Traders working at the New York Stock Exchange (NYSE), today, Wednesday, April 21, 2021. Source: NYSE U.S. stock futures were flat in overnight trading on Tuesday following a session defined by major weakness in technology stocks. Dow futures rose just 12 points. S&P 500 futures gained 0.05% and Nasdaq 100 futures dipped 0.05%. In after-hours
In this article XTANX-O NOVA SEDG ENPH choja | E+ | Getty Images Solar stocks declined on Tuesday, building on recent weakness, as companies warn about the impact of supply chain bottlenecks and parts shortages. The Invesco Solar ETF, which tracks the space, slid 7%, bringing its one-month decline to 15%. SolarEdge was the biggest
Traders on the NYSE, May 3, 2021. Source: NYSE It’s not just about earnings anymore: Dividends and huge inflows are helping stocks power forward. April trading data is in, and it shows two surprises: an increase in dividends, and huge inflows into equities that are even stronger than the first three months of the year.