US stock futures are just after Dow, S&P 500 break three-day slide

US stock futures were flat on Wednesday evening after all three key averages ended higher during the daily trading session. The Dow Jones Industrial Average futures lose 7 points, or 0.02%. S&P 500 and Nasdaq 100 futures rose 0.11% and 0.09% respectively. Shares of Nvidia fell more than 2% after a quarterly report that failed … Read more

US stock futures are just after Dow, S&P 500 break three-day slide

Traders on the floor of the NYSE, August 24, 2022. Source: NYSE US stock futures were flat on Wednesday evening after all three key averages ended higher during the daily trading session. The Dow Jones Industrial Average futures lose 7 points, or 0.02%. S&P 500 and Nasdaq 100 futures were up 0.11% and 0.09%, respectively. … Read more

Stock selection on peak inflation, recession, earnings cuts: Jefferies

A slowdown could be on the horizon and analysts are forecasting more earnings cuts. Taking into account a possible spike in inflation, and that mix of factors could favor a particular class of stock. Sky-high inflation has supported the US Federal Reserve’s aggressive tendency, Jefferies said in a July 29 investigative report. But a recent … Read more

Jim Cramer offers his favorite stock picks for 3 possible recession scenarios

CNBC’s Jim Cramer gave investors his best stock picks for three different recession outcomes on Thursday. “We have mild, we have moderate and we have severe… Can we avoid a recession altogether? There is always a chance,” but investors shouldn’t hold their breath, he said. Investors have been piling into tech stocks this week, betting … Read more

3 reasons executives are leaving retailers from GameStop to Gap

Shoppers explore a largely empty shopping center in Columbus, Ohio. Matthew Hatcher | Getty Images Don’t expect the flow of exits from retailers’ C-suites to stop anytime soon. This year, Gap and Bed Bath & Beyond have already abruptly replaced their CEOs as the companies’ revenues plummeted. GameStop fired its chief financial officer amid the … Read more

Twitter, Macy’s, Nvidia, Lululemon and more

A Lululemon sign hangs outside their store at the Woodbury Commons Premium Outlets mall on November 17, 2019 in Central Valley, New York. Gary Hershorn | Corbis News | Getty Images Check out the companies making headlines during Thursday afternoon trading. Macy’s — Shares rose 17.8% after the department store chain reported better-than-expected quarterly results … Read more

Macy’s, Twitter, Medtronic and more

Check out the companies making headlines before the bell: Macy’s (M) – Macy’s was up 15% in premarket after reporting better-than-expected first-quarter earnings and earnings and raising its full-year earnings forecast. The results were boosted by strong demand for clothing as people returned to work and other out-of-home activities. Dollar General (DG) – Shares of … Read more

Retail income is driving stock market decline

US stock indices fell Wednesday after major retailers reported rising costs and slow sales weighed on earnings, putting Wall Street on course to extend the year’s volatility. The Dow Jones Industrial Average fell more than 600 points in morning trading, down about 1.9%. The S&P 500 fell 2.2% and the technology-focused Nasdaq Composite fell 2.3%. … Read more

Retail stock picks to weather market volatility

Jordan Cvetanovski of Pella Funds Management has named two retail stocks that he believes stand out and are likely to overcome current market volatility. Cvetanovski, chairman, chief investment officer and portfolio manager at Pella, named US discount retailer Dollar General and UK clothing retailer JD Sports as favorites at CNBC Pro Talks. While shoppers are … Read more