From the Fed to the currency crisis in Europe, here’s what’s behind this sell-off in the financial markets:

Trader on the floor of the NYSE, June 7, 2022. Source: NYSE Stocks fell sharply, bond yields rose and the dollar strengthened Friday as investors heeded the Federal Reserve’s signal that the battle with inflation could lead to much higher interest rates and a recession. The sell-off was global on Friday, in a week in … Read more

FedEx, Costco, Boeing and more

Check out the companies that make headlines before the bell: FedEx (FDX) – FedEx remains on guard this morning after announcing a 6.9% increase in shipping costs and plans to cut another $4 billion in annual costs. FedEx fell 3.2% in the pre-market. Costco (COST) – Costco lost 3.3% in the pre-market despite better-than-expected earnings … Read more

HB Fuller, KB Home, Lennar and more

Single-Family Home Construction by KB Home The single-family home construction by KB Home is shown under construction in the community of Valley Center, California, USA June 3, 2021. Mike Blake | Reuters Check out the businesses that are making headlines after hours. KB Home – Shares fell 2.1% in extended trading after the homebuilder was … Read more

European companies rethink their plans for a ‘closed’ China

Germany’s foreign direct investment to China is up about 30% in the first eight months of the year from a year ago, China’s Commerce Ministry said Monday. Vcg | Visual China Group | Getty Images BEIJING — European companies in China are reassessing their market plans after this year’s Covid controls further isolated the country … Read more

Ford, Change Healthcare, Cognex and more

Check out some of the biggest movers in the premarket: Ford (F) – The automaker’s shares fell 4.5% in the pre-market after it warned its quarterly results would be hit by about $1 billion due to higher supplier costs and parts shortages. Those factors contributed to a shortage of finished vehicles ready to sell. BioNTech … Read more

Lennar, Coinbase, Array Technologies and more

A worker at a Lennar house under construction. Justin Sullivan | Getty Images News | Getty Images Check out the companies making the biggest moves on Monday afternoon: DR Horton, Lennar, PulteGroup — Homebuilder stocks rose Monday after KeyBanc upgraded the sector from underweight to overweight. Analyst Kenneth Zener said homebuilders, which have underperformed this … Read more

AutoZone, Take-Two Interactive, bluebird bio and more

Check out some of the biggest movers in the premarket: AutoZone (AZO) – AutoZone gained 3.9% in premarket action after the auto parts retailer reported better-than-expected earnings and sales for its last quarter. AutoZone same-store sales were up 6.2% year-on-year, twice as much as analysts had forecast amid continued strong commercial activity. related investing news … Read more

August industrial production, retail sales

August was marked by extremely high temperatures in parts of China, leading to temporary power rationing in some regions. Pictured here on August 24, 2022, the central city of Chongqing’s skyline has been partially turned off to conserve energy during the heat wave. Vcg | Visual China Group | Getty Images BEIJING — China on … Read more

Rail Stocks, Arconic, NextEra Energy and more

Check out the companies that make headlines before the bell: Union Pacific (UNP), CSX (CSX), Norfolk Southern (NSC) – Rail shares are all higher in the premarket after news of a tentative deal preventing a railroad workers’ strike. CSX — which also named former Ford Motor (F) President Joe Hinrichs as new CEO — rose … Read more

SoFi, Nucor, Starbucks, CSX and more

Check out the companies making headlines in Wednesday’s premarket trading. Starbucks – Shares of Starbucks gained nearly 1% after the company raised its long-term forecast and said it expects double-digit growth in sales and earnings per share over the next three years. Palo Alto Networks – Cybersecurity firm Palo Alto Networks rose slightly after a … Read more