STOCK NEWS: Futures contribute to declines, oil loses week

Oil plunges to eight-month low amid strong dollar, recession fears The price of oil plunged about 5% to an eight-month low on Friday, as the US dollar hit its highest level in more than two decades on fears that rising interest rates will send major economies into recession. Brent futures fell $4.35, or 4.8%, to … Read more

Live stock news: Stocks plummet, bond yields jump as Fed’s expected rate hike scares investors

Symbol Price Change %Change me: DJI $31,019.68 197.26 0.64 SP500 $3,899.89 26.56 0.69 me:COMP $11,535.02 86.62 0.76 US stocks went into turmoil overnight despite evidence that investors were nervous as expectations of a rate hike by the Federal Reserve would materialize on Wednesday, the second day of the central bank’s monthly meeting. On Monday, Wall … Read more

STOCK NEWS: US markets and oil higher, Americans expect lower inflation

Symbol Price Change %Change me: DJI $32,151.71 377.19 1.19 SP500 $4,067.36 61.18 1.53 me:COMP $12,112.31 250.18 2.11 US stocks rose early Monday morning as inflation will weigh on investors this week with the release of August’s consumer and producer price indices. In addition to inflation data, investors will also weigh reports on retail sales, unemployment … Read more

Latest stock market news: Bed Bath & Beyond appoints new CFO after suicide, OPEC’s production cut falls flat, retailer starts push for holiday recruitment

House Speaker Nancy Pelosi plans her next move after an expected Republican victory in November. Sources tell FOX Business’s Maria Bartiromo that Pelosi wants President Biden to nominate her to become the next US ambassador to Italy if the GOP wins the House majority in the midterm elections. Sources tell Bartiromo that Biden is taking … Read more

STOCK NEWS: Oil up $2 a barrel as OPEC+ considers October output quota, gas, diesel and crypto lower

Symbol Price Change %Change TO USE $71.43 0.48 0.68 CVX $157.85 2.31 1.49 XOM $95.59 1.72 1.83 Oil prices rose more than $2 a barrel on Monday, boosting profits as investors saw potential moves by OPEC+ producers at a meeting later in the day to cut production and support prices. Brent crude futures were up … Read more

Live Stock Market News: S&P, Dow Rise on Jobs Data, Starbucks Appoints New CEO, Oil Wraps Lose Week

Important news The August jobs report was in line with expectations, signaling that the US economy is holding up as inflation declines. Shell’s CEO Ben van Beurden to step down Shell CEO Ben van Beurden will step down next year after leading the British multinational oil and gas company since 2014. Shell has shortlisted four … Read more

STOCK MARKET NEWS: Bed Bath & Beyond Shares Tank, ADP Jobs Weak, SpaceX Starlink Cruise Deal

Important news ADP job data is returned Often viewed as the precursor to the Labor Department’s data, the ADP’s much-watched monthly employment report is back after a summer of haiti. The report, which includes new statistics including median annual wage growth, fell short of expectations. Important news Bed Bath & Beyond Share Tank Bed Bath … Read more

STOCK MARKET NEWS: Twitter fires back at Musk, Nasdaq continues to rise as Bed Bath & Beyond jumps

Symbol Price Change %Change TO USE $78.69 2.84 3.74 CVX $164.63 1.22 0.75 XOM $100.12 2.25 2.30 Oil prices fell on Tuesday, dampening gains from the previous session as the market feared more aggressive central bank interest rate hikes could lead to a global economic slowdown and reduce fuel demand. Brent oil futures before the … Read more

STOCK NEWS: Inflation battle has investors on edge, Elon Musk’s prediction, Bitcoin hugs $20K

US stocks fall after Fed chief’s speech on Friday Symbol Price Change %Change me: DJI $32,283.40 -1.008.38 -3.03 SP500 $4,057.66 -.141.46 -3.37 me:COMP $12,141.71 -,497.56 -3.94 U.S. stocks were lower overnight after comments by Fed Chair Jerome Powell on Friday, who signaled higher interest rates for an extended period of time to try to contain … Read more

SCHOLARSHIP NEWS: Powell speech, Electronic Arts speculation, Moderna takes on Pfizer

Important news Federal Reserve Chairman Jerome Powell is warning financial markets as policymakers continue their fight against inflation. US stocks retreated sharply after initial headlines, which included speculation about further rate hikes. New inflation control The Federal Reserve’s favorite inflation gauge hinted at a glimmer of hope that rising prices could peak, but it probably … Read more