Shares of department-store chain Macy’s Inc. slid 8% in after-hours trading on Friday after the retailer gave a more downbeat forecast on its fourth-quarter sales, with management citing big “lulls” Read more
Tag: Weigh
‘We’ve seen this before,” warns BofA. Why inflation could take until 2024 to fall to 3% and weigh on stocks.
U.S. stocks roared higher Thursday after October’s consumer-price index showed inflation rising at a less aggressive annual pace than expected, spurring hopes that the Federal Reserve’s inflation flight may be Read more
Affirm stock plunges toward record low after Peloton’s struggles weigh on forecast
Affirm Holdings Inc. shares plummeted Tuesday afternoon, after executives brought down their annual guidance for the buy-now-pay-later company amid troubles at one of its most important partners in recent years, Read more
U.S. stocks open down, extend losses after Fed rate hike as investors weigh labor-market data
U.S. stocks opened lower Thursday, extending losses after the Federal Reserve’s jumbo interest rate hike as investors weigh labor-market data. The Dow Jones Industrial Average DJIA, -0.40% was down 0.8% Read more
Ford Credit borrows $1.5 billion as bond yields hit 13-year highs, investors weigh recession fears
Ford Motor Credit tapped the U.S. corporate bond market on Tuesday for $1.5 billion in funding, despite recession fears and major companies having to pay investors yields that have hit Read more
Oil loses ground as traders weigh China demand worries
Oil futures fell early Monday to begin the week as traders weighed the outlook for Chinese demand after a round of lackluster import data and the conclusion of the Communist Read more
Oil ticks higher as traders weigh recession fears versus tight crude supplies
Oil futures edged higher in early trade Monday, attempting to bounce after last week’s fall as investors weigh recession fears against tight crude supplies. Price action West Texas Intermediate crude Read more
U.S. stocks open lower as investors weigh data showing U.S. job gains in September
U.S. stocks opened lower Wednesday, giving back some of this week’s sharp gains as Treasury yields rise and investors assess data showing job growth in September. The Dow Jones Industrial Read more
Norwegian Cruise Line drops COVID-19 testing, vaccination and masking. Should you take a cruise without these? Experts weigh in.
President Joe Biden has said the pandemic is over, despite more than 300 people dying from COVID-related illness every day. Now cruise lines, which experienced severe disruptions during the early Read more
Oil lifted as traders weigh possible OPEC+ production cut
Oil futures rose Friday, lifted by the prospect of a production cut by the Organization of the Petroleum Exporting Countries and their allies next week. However, crude was still set Read more