Month: September 2022

Stock futures are lower following Thursday’s broad sell-off

Stock futures were lower on Friday morning following a strong sell-off that took the S&P500 to a new low of 2022. Futures contracts linked to the S&P 500 were down 0.25%. Dow Jones Industrial Average futures lost 0.36% or 106 points. Nasdaq 100 futures were down 0.26%. The 2022 selloff resumed strong in regular trading …

Stock futures are lower following Thursday’s broad sell-off Read More »

Asia stocks fall after Wall Street slump; China PMI beats estimates

Japanese movers: Softbank, Nintendo, Toyota fall Apple suppliers in Asia fall after analysts downgrade China reports better-than-expected industrial activity for September China’s official manufacturing purchasing managers’ index surprisingly rose in September to 50.1, well above the 49.6 predicted by analysts in a Reuters poll. The 50 point mark separates growth from contraction. PMI prints compare …

Asia stocks fall after Wall Street slump; China PMI beats estimates Read More »

Stock futures are up slightly following Thursday’s broad sell-off

Stock futures rose slightly on Thursday evening following a sell-off that S&P500 to a new low of 2022. S&P 500 futures rose 0.26%. Dow Jones Industrial Average futures rose 0.17%. Nasdaq 100 futures rose 0.14%. The 2022 selloff resumed strong in regular trading on Thursday as investors weighed concerns over the Federal Reserve’s future rate-hike …

Stock futures are up slightly following Thursday’s broad sell-off Read More »

Dow Jones Futures: S&P 500 Hits Fresh Lows As Apple, Tesla, CarMax Dive, Nike Plunges Late

Dow Jones futures were little changed overnight, along with S&P 500 and Nasdaq futures, with Nike (NKE) and Micron Technology (MU) on earnings and the Fed’s preferred inflation gauge on deck. X The stock market sold hard on Thursday, wiping out Wednesday’s gains. The S&P 500 hit new lows in the bear market. The Nasdaq …

Dow Jones Futures: S&P 500 Hits Fresh Lows As Apple, Tesla, CarMax Dive, Nike Plunges Late Read More »

FDA approves first ALS drug in 5 years after pleas from patients

On Thursday, the Food and Drug Administration overcame the doubts of agency scientists and approved a hotly debated drug for ALS, a decision that encouraged patients and advocates who pushed for drugs, but has raised concerns among some experts about whether treatments for extreme conditions receive sufficient scrutiny. “It’s a huge deal,” said sunny bush, …

FDA approves first ALS drug in 5 years after pleas from patients Read More »

Dow tumbles 600 points as stock market wipes out Wednesday bounce

U.S. stocks extended losses in afternoon trade on Thursday after a batch of economic data bolstered expectations that the Federal Reserve will continue to aggressively raise interest rates in its bid to rein in the tide. ‘inflation. How Stocks Trade The Dow Jones Industrial Average DJIA, -1.54% lost 614 points, or 2.1%, to 29,070. The …

Dow tumbles 600 points as stock market wipes out Wednesday bounce Read More »

Latest jobless claims fall to 193,000, underscoring still-tight labor market

Minneapolis CNN Business — The number of first jobless claims fell dramatically last week, underscoring how employers are hold on tight to the workers because the labor market remains full of opportunities for job seekers. Initial unemployment insurance claims were 193,000 for the week ended September 24, down 16,000 out of a downwardly revised total …

Latest jobless claims fall to 193,000, underscoring still-tight labor market Read More »

Exclusive: Brands blast Twitter for ads next to child pornography accounts

Sept 28 (Reuters) – Some major advertisers, including Dyson, Mazda, Forbes and PBS Kids, have suspended their marketing campaigns or removed their ads from parts of Twitter because their promotions appeared alongside tweets soliciting child pornography, the companies told Reuters. DIRECTV and Thoughtworks also told Reuters on Wednesday evening that they had suspended advertising on …

Exclusive: Brands blast Twitter for ads next to child pornography accounts Read More »