-
Stocks Rebound As Rising Jobless Claims Sustain Rate-Cut Hopes, Dollar Falls, Gold Rallies: What's Driving Markets Thursday?
2024 May 09, 12:42pm | 1087Wall Street is seeing a day of gains as all major indices traded in the green around noon in New York, driven by a surprising uptick in unemployment claims prompting speculation over Federal Reserve interest rate cuts. Jobless benefits rose from 209,000 to 231,000 in the week ending May 4,...
-
Spectrum Brands Posts Upbeat Results, Joins AerSale, Sinclair, ICU Medical And Other Big Stocks Moving Higher On Thursday
2024 May 09, 10:25am | 1088U.S. stocks were mixed, with the Dow Jones gaining around 100 points on Thursday. Shares of Spectrum Brands Holdings, Inc. (NYSE:SPB) rose sharply during Thursday's session following upbeat earnings. Spectrum Brands posted adjusted earnings of $1.62 per share, beating expectations of 62 cents per...
-
US Stocks Mixed; Jobless Claims Rise More Than Expected
2024 May 09, 9:47am | 680U.S. stocks traded mixed this morning, with the Dow Jones index falling around 20 points on Thursday. Following the market opening Thursday, the Dow traded down 0.05% to 39,035.64 while the NASDAQ rose 0.14% to 16,326.18. The S&P 500 also fell, dropping, 0.07% to 5,191.38. Check This Out:...
-
Ethereum Falls Below $3,000 Following Jobless Claims Data; Pendle Becomes Top Loser
2024 May 09, 9:33am | 564Bitcoin (CRYPTO: BTC) moved lower, with the cryptocurrency prices falling below the key $61,000 level on Thursday. Ethereum (CRYPTO: ETH) also recorded losses, trading below the key $3,000 mark this morning. Akash Network (CRYPTO: AKT) was the top gainer over the prior 24 hours, while Pendle (...
-
Dow Gains 150 Points; Emerson Electric Earnings Top Views
2024 May 08, 2:41pm | 736U.S. stocks traded mixed toward the end of trading, with the Dow Jones index gaining over 150 points on Wednesday. The Dow traded up 0.41% to 39,042.68 while the NASDAQ fell 0.17% to 16,304.23. The S&P 500 also rose, gaining, 0.01% to 5,187.80. Check This Out: Top 2 Financial Stocks That May...
-
Why Upstart Shares Are Trading Lower By Around 10%? Here Are Other Stocks Moving In Wednesday's Mid-Day Session
2024 May 08, 1:38pm | 2100Shares of Upstart Holdings, Inc. (NASDAQ:UPST) fell sharply during Wednesday's session after the company reported first-quarter financial results and issued second-quarter revenue guidance below estimates. Upstart reported first-quarter revenue of $128 million, which beat the consensus estimate of...
-
Stocks Falter As Fed Signals Need For Higher-For-Longer Rates; Uber Crashes, Energy Sector Loses Ground: What's Driving Wednesday's Market?
2024 May 08, 1:26pm | 969Wednesday witnessed a tempering of the bullish sentiment that had buoyed Wall Street in recent sessions, with major indices showing slight declines around midday trading in New York. Hawkish remarks from Minneapolis Fed President Neel Kashkari and Boston Fed President Susan Collins sparked concerns...
-
Crude Oil Moves Higher; Inspire Medical Systems Shares Plummet
2024 May 08, 12:09pm | 681U.S. stocks traded mixed midway through trading, with the Dow Jones index gaining over 80 points on Wednesday. The Dow traded up 0.22% to 38,969.43 while the NASDAQ fell 0.24% to 16,293.54. The S&P 500 also fell, dropping, 0.07% to 5,184.29. Check This Out: Top 2 Financial Stocks That May Fall...
-
Louisiana-Pacific Posts Upbeat Results, Joins Cricut, Elanco Animal, American Public Education And Other Big Stocks Moving Higher On Wednesday
2024 May 08, 11:11am | 1048U.S. stocks were mixed, with the Dow Jones gaining around 70 points on Wednesday. Shares of Louisiana-Pacific Corporation (NYSE:LPX) rose sharply during Wednesday's session following better-than-expected first-quarter financial results. LPX reported net sales growth of 24% year-over-year to $724...
-
Nasdaq Down Over 50 Points; Uber Posts Q1 Loss
2024 May 08, 10:02am | 633U.S. stocks traded lower this morning, with the Nasdaq Composite falling over 50 points on Wednesday. Following the market opening Wednesday, the Dow traded down 0.05% to 38,863.85 while the NASDAQ fell 0.37% to 16,272.05. The S&P 500 also fell, dropping, 0.17% to 5,179.08. Check This Out: Top...
-
Bitcoin Falls Below $62,000; Bittensor, dogwifhat Among Top Losers
2024 May 08, 9:50am | 545Bitcoin (CRYPTO: BTC) moved lower, with the cryptocurrency prices falling below the key $62,000 level on Wednesday. Ethereum (CRYPTO: ETH) also recorded losses, but remained above the key $3,000 mark this morning. THORChain (CRYPTO: RUNE) was the top gainer over the prior 24 hours, while Bittensor...
-
Israeli Forces Seize Control At Rafah Crossing As Ceasefire Negotiations Falter: US Delays Military Shipments To Israel
2024 May 07, 3:36pm | 570Israeli forces have taken control of the Rafah crossing, the principal gateway between Gaza and Egypt, on the day after Hamas accepted what was described by Israeli officials as a softened version of their ceasefire terms. The terms failed to meet the demands of Israeli Prime Minister Benjamin...
-
Nasdaq Moves Lower; Great Lakes Dredge & Dock Shares Surge Following Upbeat Earnings
2024 May 07, 2:58pm | 738U.S. stocks traded mixed toward the end of trading, with the Nasdaq Composite falling around 0.2% on Tuesday. The Dow traded up 0.01% to 38,857.00 while the NASDAQ fell 0.20% to 16,316.79. The S&P 500 also rose, gaining, 0.03% to 5,182.40. Check This Out: Top 3 Energy Stocks That Are Ticking...
-
Why Beyond Shares Are Trading Lower By Over 20%? Here Are Other Stocks Moving In Tuesday's Mid-Day Session
2024 May 07, 2:35pm | 1940Shares of Beyond, Inc. (NYSE:BYON) fell sharply during Tuesday’s session following weaker-than-expected quarterly results. Beyond posted adjusted loss of $1.22 per share, versus estimates for a loss of 87 cents per share. The company’s sales came in at $382.281 million versus estimates...
-
US Stocks Eye Fourth Positive Session Despite Hawkish Fed Remarks; Disney, Palantir Tumble; Treasury Yields Fall: What's Driving Markets Tuesday?
2024 May 07, 1:18pm | 1279Wall Street experienced a quiet session during morning trading on Tuesday, influenced by a lack of significant economic data and minimal updates on earnings from major large-cap companies. Traders largely disregarded the latest hawkish comments from Minneapolis Fed President Neel Kashkari, who...