In this article @1YM21M .DJI Traders on the floor of the New York Stock Exchange. Source: NYSE Stock futures were flat in overnight trading after major averages rebounded from a three-day losing streak on Thursday led by technology shares. Futures on the Dow Jones Industrial Average added 6 points. S&P 500 futures were flat. Nasdaq-100
Finance
James Gorman David A. Grogan | CNBC Morgan Stanley CEO James Gorman promoted a quartet of executives on Thursday, setting up a race to succeed him atop one of Wall Street’s premier investment banks. The firm named Ted Pick, who runs the Wall Street trading and advisory division, and wealth management head Andy Saperstein as
The logo of Cisco Systems is seen at their headquarters in Issy-les-Moulineaux, near Paris, France. Philippe Wojazer | Reuters Check out the companies making headlines after the bell on Wednesday: Cisco — Shares of the data center networking hardware maker dropped more than 6% in extended trading after the company issued weaker-than-expected guidance for the next
Federal Reserve officials at their April meeting said a strong pickup in economic activity would warrant discussions about tightening monetary policy, according to minutes from the session released Wednesday. “A number of participants suggested that if the economy continued to make rapid progress toward the Committee’s goals, it might be appropriate at some point in
Jason Lee | Reuters BEIJING — The U.S. Treasury said Tuesday it was postponing a ban on trading shares of companies with alleged links to the Chinese military. The new restrictions take effect June 11, versus the prior date of May 27. The move by U.S. President Joe Biden’s administration extends a grace period for
U.S. stock futures were flat in overnight trading on Tuesday ahead of more retail earnings. Dow futures fell about 40 points. S&P 500 futures gained 0.15% and Nasdaq 100 futures rose 0.1%. On Tuesday, the major averages ended the day in the red after notching gains earlier in the session. The Dow Jones Industrial Average
Brian Moynihan, CEO, Bank of America Scott Mlyn | CNBC Bank of America said it is raising the minimum hourly wage it pays employees to $25 by the year 2025. The firm, which made the announcement Tuesday in a release, had just completed a plan last year to get to a $20 minimum wage. The
In this article FSR AON KODK Henrik Fisker (R) greets an attendee in front of his Fisker Ocean SUV, January 7, 2020 at the 2020 Consumer Electronics Show (CES) in Las Vegas, Nevada. Robyn Beck | AFP | Getty Images Check out the companies making headlines after the bell on Monday: Fisker — Fisker shares
Pedestrians walk past the Nasdaq in New York on Sept. 3, 2020. Xinhua News Agency | Getty Images Futures contracts tied to the major U.S. stock indexes ticked higher at the start of the overnight session Monday evening after Wall Street kicked off the week with modest losses. Dow futures added 50 points, while contracts
Traders on the floor of the NYSE. Source: NYSE Stock futures edged up in overnight trading on Sunday as the market looked to continue to rebound from last week’s sell-off triggered by inflation jitters. Futures on the Dow Jones Industrial Average rose 40 points. S&P 500 futures and Nasdaq 100 futures were both 0.2% higher.
In this article DOGE.CM= Yuriko Nakao | Getty Images News | Getty Images Dogecoin soared more than 40% early Friday after a tweet from supporter Elon Musk and as Coinbase said it would list the meme-inspired cryptocurrency. The price of dogecoin rose to an intraday high of around 55 cents at 2:30 a.m. ET, according
Here are the most important news, trends and analysis that investors need to start their trading day: Stocks are set to continue to rebound from the week’s losses Retail sales data on deck Disney shares fall after subscriber and revenue miss Dogecoin rallies after Elon Musk tweet, Coinbase listing CDC says fully vaccinated people don’t
In this article DOGE.CM= ETH.CM= BTC.CM= A collection of bitcoin, litecoin and ethereum tokens. Chris Ratcliffe | Bloomberg | Getty Images LONDON — A Goldman Sachs executive has resigned after earning a fortune from a cryptocurrency investment, according to industry sources. Aziz McMahon, Goldman’s managing director and head of emerging market sales in London, quit
Take a look at some of the biggest movers in the premarket: Walt Disney (DIS) – Disney shares dropped 3.9% in premarket trading after growth figures for the Disney+ streaming service fell short of Wall Street predictions. Disney reported better-than-expected profit for the first quarter, but revenue was short of analysts’ forecasts. DoorDash (DASH) –
Sherry Ann Mohan, Managing Director at Goldman Sachs Source: Goldman Sachs Goldman Sachs continues to lose key managers at its fledgling consumer banking business. The chief financial officer for Goldman’s consumer business, which includes its Marcus brand and the Apple Card, is joining JPMorgan Chase, according to an internal memo obtained exclusively by CNBC. Sherry
The New York Stock Exchange welcomes The Walt Disney Company (NYSE: DIS), on Tuesday, May 4, 2021, in honor of Star Wars Day. Source: NYSE Check out the companies making headlines in midday trading. Disney — The media giant’s share price sank more than 3% after it missed revenue and streaming subscriber estimates. Disney earnings
U.S. stock index futures were little changed in overnight trading on Thursday, after all three major averages snapped three-day losing streaks to end the day higher. Futures contracts tied to the Dow Jones Industrial Average gained 18 points. S&P 500 futures advanced 0.08%, while Nasdaq 100 futures posted a slight decline. During regular trading, the
In this article ABNB COIN DIS Pedestrians wearing protective masks wait to enter a Disney store in San Francisco, California, on Wednesday, Dec. 23, 2020. David Paul Morris | Bloomberg | Getty Images Check out the companies making headlines after the bell on Thursday: Disney — Disney shares slipped more than 3% after the company’s
A friend carrying a gas container is greeted by a motorist waiting in a lengthy line to enter a gasoline station during a surge in the demand for fuel following the cyberattack that crippled the Colonial Pipeline, in Durham, North Carolina, May 12, 2021. Jonathan Drake | Reuters Gas prices have jumped more than eight
In this article @DJ.1 @SP.1 @ND.1 A passenger wears a protective mask at the Wall Street subway station in New York, on Monday, March 30, 2020. Michael Nagle | Bloomberg via Getty Images Futures contracts tied to the major U.S. stock indexes held steady at the start of the overnight session Wednesday, just hours after
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