The Tell Stock Market Rally Looks Unsustainable As S&p 500 Enters New Lower Valuation Regime Warns Citi
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Troubling S&P 500 chart suggests that stock investors have a rough road ahead
Oversold rally earlier this week doesn’t erase the U.S. market’s negative picture.MarketWatch - Business -
Dow closes lower by more than 370 points as inflation, growth worries resurface: Live updates
Stocks fell Thursday after the latest U.S. economic data showed a sharp slowdown in growth and pointed to persistent inflation.CNBC - Business -
U.S. stocks ended mixed, with the S&P 500 eking out a gain of less than 0.1% and the Nasdaq rising 0.1%. The Dow declined 0.1%.
U.S. stocks ended mixed, with the S&P 500 eking out a gain of less than 0.1% and the Nasdaq rising 0.1%. The Dow declined 0.1%.The Wall Street Journal - World -
Stocks on Track for Weekly Gains as PCE Inflation Hits 2.7%
Stocks climbed, putting the major U.S. indexes on course for weekly gains despite another round of firm inflation data.The Wall Street Journal - World -
Stocks Fall After GDP, Inflation Data
Stocks and government bonds fell sharply after fresh data showed the U.S. economy slowed in the first quarter.The Wall Street Journal - World -
SKF Warns of Lower Sales
SKF said it expected a mid-single digit fall in sales in the second quarter, with market volatility and geopolitical uncertainty continuing, after it reported below-forecast sales in the first quarter but profits in line with hopes.The Wall Street Journal - World -
SKF Warns of Lower Sales
SKF said it expected a mid-single digit fall in sales in the second quarter, with market volatility and geopolitical uncertainty continuing, after it reported below-forecast sales in the first quarter but profits in line with hopes.The Wall Street Journal - Business -
Big Tech drives S&P 500 to best week since November as investors shrug off inflation worries
U.S. stocks pared their April losses on Friday, with the S&P 500 booking its biggest weekly gain since November as Big Tech stocks rallied.MarketWatch - Business -
U.S. Stocks Trade Lower
Stocks gave up early gains and turned lower. Tesla shares rose, helping the Nasdaq. The tech-heavy index has moved between gains and losses ahead of more big-tech earnings, including Meta due after the close.The Wall Street Journal - World -
The S&P 500, Dow and Nasdaq fell 0.5%, 1% and 0.6%, respectively. The yield on the 10-year Treasury note jumped to 4.706%.
The S&P 500, Dow and Nasdaq fell 0.5%, 1% and 0.6%, respectively. The yield on the 10-year Treasury note jumped to 4.706%.The Wall Street Journal - World -
Hong Kong's stock-exchange operator reported lower net profit for the second straight quarter, with poor market sentiment cutting further into trading and listing activity.
Hong Kong’s stock-exchange operator reported lower net profit for the second straight quarter, with poor market sentiment cutting further into trading and listing activity.The Wall Street Journal - World -
New York City to require warning labels for sugary foods and drinks in chain restaurants
New York City residents may soon see warning labels next to sugary foods and drinks in chain restaurants and coffee shopsABC News - Health - New York -
Royal Caribbean sees record bookings as demand for experiences and travel grow
There were a lot of records associated with Royal Caribbean’s first-quarter report, including ticket pricing, bookings and the stock, as demand for cruises remained “very robust.”MarketWatch - Business -
Copper’s record as a stock market and economic predictor is tarnished
‘Dr. Copper’ is practicing without a license.MarketWatch - Business -
A reformed stock market would unleash Britain’s growth
Keeping growth companies onshore would boost the FTSE and the UK economyFinancial Times - World -
‘Are we joking?’: Venice residents protest as city starts charging visitors to enter
Day-trippers will have to pay €5 to visit Italian city under scheme designed to protect it from excess tourism. Authorities in Venice have been accused of transforming the famous lagoon city into a “theme park” as a long-mooted entrance fee for ...The Guardian - World -
Pay to enter: Venice becomes the first city to implement a tourist ticket system
Yahoo News - World -
Dow Falls More Than 600 Points
Follow along for reactions across financial markets.The Wall Street Journal - World -
New York governor tells Speaker Johnson to stay out of Columbia tumult
New York Gov. Kathy Hochul (D) is criticizing Speaker Mike Johnson’s (R-La.) visit to Columbia University, arguing he's only exacerbating divisions by showing up to speak with Jewish students. “I think politicizing this and bringing the entourage ...The Hill - Politics - New York -
Newell’s stock rallies on revenue beat as it boosts margins and carries out restructuring plan
The parent company of Rubbermaid, Sharpie, Mr. Coffee, Elmer’s glue and more said it lost $9 million, or 2 cents a share in the first quarter, compared to a loss of $102 million, or 25 cents a share, in the year-ago period.MarketWatch - Business -
Chipotle says it’s seen no impact yet on consumers from California wage increases
Shares of Chipotle Mexican Grill Inc. rose after hours on Wednesday after the fast-casual Mexican food chain reported first-quarter results that beat expectations, helped by demand for limited-time menu items.MarketWatch - Business - California -
S&P Cuts Boeing's Ratings Outlook to Negative
A purchase of Spirit AeroSystems would “introduce additional potential headwinds for Boeing on its path to cash flow and leverage recovery,” the agency said.The Wall Street Journal - World -
S&P Cuts Boeing's Ratings Outlook to Negative
A purchase of Spirit AeroSystems would “introduce additional potential headwinds for Boeing on its path to cash flow and leverage recovery,” the agency said.The Wall Street Journal - Business -
New Energizer Battery Warns Parents if Their Child Has Swallowed It
The new battery by Energizer, with “color alert technology,” comes nearly two years after a report warned that more children were swallowing batteries.The New York Times - Business -
Jim Cramer's top 10 things to watch in the stock market Thursday
Wall Street is looking lower, especially the Nasdaq on Meta Platforms' earnings-driven 15% slide and higher inflation data.CNBC - Business -
Nomura profits soar as Japan’s stock market breaks bubble-era record
Investment bank and brokerage boosted by surging stock and fixed-income tradingFinancial Times - World -
Nomura profits soar as Japan’s stock market breaks bubble-era record
Investment bank and brokerage boosted by surging stock and fixed-income tradingFinancial Times - Business -
Jim Cramer's top 10 things to watch in the stock market Friday
Wall Street holds onto gains as rising bond yields take a breather Friday.CNBC - Business -
Manchester City fire title warning with Phil Foden on song against Brighton
Almost 10 years to the day, Steven Gerrard slipped, Liverpool lost control of their destiny in terms of the Premier League title race and Manchester City nipped in to win it.. The talk in recent weeks and certainly since Arsenal and Liverpool lost ...The Guardian - World -
Stock-market pessimism is climbing. Why it’s still not bad enough to imply stocks hit a bottom.
Stocks could have more room to fall before they touch bottom, says Tom Essaye, founder of Sevens Report Research.MarketWatch - Business -
Exxon stock falls as earnings miss on lower natural gas prices and squeezed refining margins
Exxon Mobil's first-quarter earnings missed expectations as the industry came under pressure from eroding refining margins and collapsing natural gas prices.CNBC - Business -
Hamas hostage video offered 'painful' proof of life, parents of injured Israeli American tell NBC News
Hersh Goldberg Polin's parents, Rachel Goldberg-Polin and Jonathan Polin, react to the Hamas hostage video of their injured son in an interview with NBC News.NBC News - Top stories - Israel -
30-year-old supercommutes over 500 miles to work in New York: ‘I'm the happiest I've ever been’
Hairstylist Kaitlin Jorgenson commutes four-plus hours by plane twice a month from Charlotte, North Carolina to work in New York.CNBC - Business - New York -
Deep-sea creature — with ‘rectangular’ shape — discovered as new species. Take a look
Yahoo News - World -
Take A Look At Zelda: Tears Of The Kingdom's New T-Shirt Collection
Uniqlo's range of gaming graphic tees includes some of the more stylish designs around, and for fans of The Legend of Zelda, the new Tears of the Kingdom line is definitely worth checking out. The new line of Zelda apparel just launched today ...GameSpot - Tech -
TotalEnergies ‘seriously’ looking at moving listing from Paris to New York
Chief executive Patrick Pouyanné says US investors back the group’s prospects and strategyFinancial Times - Business - New York -
New EU nature law will fail without farmers, scientists warn
Open letter calls for green policies that empower farmers, after months of protests jeopardise future of flagship biodiversity deal. The EU’s nature restoration law will only work if it is enacted in partnership with farmers, a group of leading ...The Guardian - World - European Union -
Zelensky warns of new Chernobyl disaster as Ukraine marks anniversary
Yahoo News - World - Ukraine -
Retail investors pulled back dramatically on stock purchases in April, adding to market’s woes
Retail investors went on a tax-season buyers strike that helped exacerbate the stock-market selloff in early April, according to data from Vanda Research.MarketWatch - Business -
How active ETFs could help investors navigate recent wild swings in the stock market
Signs of improving market breadth, beyond the tech giants, creates opportunities for the new wave of active exchange-traded funds.MarketWatch - Business