Latest Market News
Shares of Venator Materials PLC VNTR, -8.05% tumbled 11.7% toward a record low in morning trading Thursday, after the chemical products maker warned of sales weakness in the third quarter. The company said it expects to report third-quarter titanium dioxide (TiO2) sales volumes that are about 25% below second-quarter levels. “During the third quarter we […]
U.S. stocks opened modestly lower Thursday after a report from the Labor Department showed that weekly jobless claims climbed higher than anticipated. The Dow Jones Industrial Average DJIA, -1.15% was down 0.4% soon after the opening bell, while the S&P 500 SPX, -1.02% slipped 0.3% and the Nasdaq Composite COMP, -0.68% fell 0.2%, according to […]
The judge in a legal battle between Twitter Inc. TWTR, -3.72% and Tesla Inc. TSLA, -1.11% Chief Executive Elon Musk on Thursday delayed their trial, previously set for Oct. 17, to give the sides time to close the $44 billion acquisition at the heart of the beef. Trial was set to begin Oct. 17 in […]
JCPenney said Thursday that it is hiring nearly 22,000 seasonal employees for the holiday season. The department store chain, which came out of bankruptcy in December 2020, is owned by Simon Property Group Inc. SPG, -1.14% and Brookfield Asset Management Inc. BAM, -2.97%. JCPenney said it will host a national hiring event Oct. 12 through […]
Optimism that the Federal Reserve might back off of aggressive interest rate hikes is giving way to something else within financial markets: A feeling that things won’t likely get better for investors from here. Financial markets have vacillated between two narratives: One in which the prospects of weaker growth and financial instability force policy makers […]
U.S. stocks finished lower on Thursday for the second day in a row as Minneapolis Federal Reserve Bank President Neel Kashkari played down the odds of the Fed pausing its interest-rate hikes, while investors awaited an update on the state of the U.S. labor market due out Friday. The S&P 500 SPX, -1.02% finished down […]