Stocks
The Nasdaq composite saw its fifth drop in six sessions, falling 1.6% and exceeding losses of almost 1.5% by the S&P 500 and 1.1% by the Dow Jones Industrial Average. The sell-off was fueled by Amazon's 4% decline after being sued by the
Stocks
Shares of Hindustan Petroleum Corporation (HPCL) fell 2.5% to Rs 350.20, while Bharat Petroleum Corporation (BPCL) and Indian Oil Corporation (IOC) declined 1.5% and 0.82%, respectively, after the government announced a price cut of Rs 200 per refill on LPG cylinders. The reduction in prices, effective
Stocks
Former President Donald Trump's surprise return to social media platform X sent shockwaves through the market, with Digital World Acquisition Corp. (DWAC) stock experiencing a 3% drop before surging 9.6% to 15.27. The former president's single post, which included a fundraising link for his
Stocks
Investors will be closely watching Fed Chair Powell's annual speech at the Economic Symposium in Jackson Hole, Wyo., on Friday, as well as a busy week of retail earnings reports from Dick's Sporting Goods, Kohl's, Macy's, and others, to gauge consumer spending
Stocks
The Dow Jones Industrial Average reversed higher on Monday, driven by early gains from Apple and Intel, while Tesla stock surged as the company announced its first Cybertruck produced at its Austin, Texas plant. Key economic indicators, such as June retail sales data, are expected to show a moderate overall
Stocks
The major indexes exhibited a mixed performance on Monday, with the Nasdaq composite showing the most strength, rising 0.7% in afternoon trading. The Dow Jones Industrial Average and the S&P 500 edged higher, while the small-cap Russell 2000 outperformed with a 1.2% gain. The Nasdaq 100-tracking
Stocks
Perrigo Company's over-the-counter (OTC) health and wellness solutions have made a significant impact in the market, particularly with the approval of its daily progestin-only contraceptive pill, Opill, for OTC use by the U.S. Food and Drug Administration (FDA). This groundbreaking approval allows women to purchase birth control
Stocks
Stocks moved higher Friday, helped by strong earnings reports from major companies, including UnitedHealth Group and JPMorgan, as well as hopes for further interest rate hikes by the Federal Reserve. The Dow Jones Industrial Average saw a modest gain near midday, while the Nasdaq composite and S&P 500
Stocks
U.S. equity futures and Treasury yields steadied as investors awaited the June jobs report, following a blowout reading on private payrolls from ADP and a solid reading of activity in the economy's most important sector. The ISM Services PMI showed robust growth over the month of June,
Stocks
Deutsche Borse has listed 14 new exchange-traded notes (ETNs) from Leverage Shares on its Xetra trading platform. The new ETNs offer investors access to various assets, including US equities, government bonds, and technology stocks with up to a 5x leverage factor. The Leverage Shares FAANG+ ETP tracks the performance of
Stocks
The stock market pulled back on Monday, following last week's losses, with Alphabet and Tesla shares declining after analyst downgrades. The Dow Jones Industrial Average fell 0.2%, while the S&P 500 gained 0.2% and the tech-heavy Nasdaq composite climbed 0.5%. Analysts are cautious,
Stocks
Pfizer's shares plummeted 3.7% to $36.89 on Monday after the company announced it would not move forward with a potential diabetes and weight-loss drug, lotiglipron, due to concerns over elevated liver enzymes. The decision comes as a setback for the company's GLP-1 drug class,
