market

Live stock market news updates: Equity futures mixed ahead of key inflation data

U.S. stock futures struggled to find their bearings on Friday morning as investors awaited an update on inflation, which is expected near a 40-year high amid high oil prices. gas, food and various other goods and services. Contracts on the S&P 500 and Dow Jones were each down about 0.2% in premarket trading. Nasdaq futures …

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Explosion at Texas LNG plant puts further pressure on global energy market

Placeholder while loading article actions An explosion at a major natural gas production facility in Texas could put the plant out of service for at least three weeks, company officials said Thursday, rattling global energy markets at a time when supplies are already sold out. The cause of Wednesday’s explosion at the Freeport LNG facility …

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Amazon stock split could lure retail traders in tough market

Amazon’s logo is seen at the company’s logistics center in Bretigny-sur-Orge, near Paris, France, December 7, 2021. REUTERS/Gonzalo Fuentes/Files Join now for FREE unlimited access to Reuters.com Register NEW YORK, June 6 (Reuters) – Amazon (AMZN.O) the stock split may bring some comfort to shareholders who have seen the e-commerce giant’s shares battered this year. …

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Negotiations to sell Kohl could drag on for weeks, possibly longer, amid market volatility

The lengthy bidding process for Kohls doesn’t seem to be coming to an end anytime soon. It could take several weeks or even longer for a deal to be reached, a person familiar with the situation told CNBC. The dialogue was particularly long due to the difficulty of obtaining financing in uncertain market conditions, the …

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Live stock market news updates: Stocks mixed as investors weigh on Microsoft’s outlook

U.S. stocks struggled to find their bearings in another choppy session on Thursday amid renewed worries about the economy and a weak outlook from market leader Microsoft (MSFT) which weighed on tech peers. The S&P 500 fell 0.2%, while the Dow Jones Industrial Average lost 150 points, or 0.5%. The tech-heavy Nasdaq was an outlier, …

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(Mostly) Help Wanted: Divergent labor market improves prospects for some workers and puts others on notice

A Help Wanted sign is displayed in the window of a Brooklyn, New York business. Spencer Platt | Getty Images Cracks form in the American job market as some companies seek to curb hiring while others are desperate for employees. Microsoft, Twitter, Wayfair, Instantaneous and Facebook-parent Meta recently announced its intention to be more cautious …

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Wall St. Week ahead: Stock market rally fueled by hopes the Fed will ‘pass its peak of hawkishness’

NEW YORK, May 27 (Reuters) – Bad news could be good news for Wall Street again, as fans hope the Federal Reserve won’t need to tighten policy as much as expected. Home sales fell for a third consecutive month, while big misses from retail giants such as Target Corp (TGT.N) and Walmart Inc. (WMT.N) rocked …

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Stock market pares gains while awaiting Fed minutes; IBD 50 upgrade

The stock market faltered midday as investors awaited further signs from the Fed on its inflation-fighting strategy amid not exactly robust economic data today. X The Nasdaq composite climbed as high as 1% but pared its gain to 0.6% by midday. The S&P 500 rose 0.2% after shedding some gains. The Dow Jones Industrial Average …

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