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Read Next APEs sink toward new low after AMC discloses deal for sale of up to $1.4 billion worth of shares Shares of AMC Preferred Equity Units undefined, known as “APEs,” dropped 7.8% toward a new low in morning trading Monday, after AMC Entertainment Holdings Inc. undefined disclosed a distribution agreement to sell up to […]
Shares of Redfin Corp. RDFN, -5.33% slid 4.2% toward a record low and a record-tying losing streak, as another jump in Treasury yields spooked investors who have been concerned over a housing recession. The real estate services company’s stock has plunged TK% amid an eight-day losing streak, which matches the previous record losing streak of […]
The Dow Jones Industrial Average DJIA, -1.11% is on track to finish Monday’s session in its first bear market in more than two years. Dow industrials were down by more than 200 points, or 0.8%, at 29,342 in the final hour of trading. A close at or below 29,439.72 would mark a pullback of at […]
Oil futures fell Monday for a second session in a row, holding ground at their lowest prices since January. “Global macro risks and energy policy risk across Europe continues to support the U.S. dollar, making oil even more expensive in European markets already struggling with inflation and leading to further deterioration in oil demand outlooks,” […]
Shares of Macy’s Inc. M, -3.24% dropped 2.5% in midday trading Monday toward an 18-month low, after the department store chain announced plans to hire more than 41,000 seasonal employees before the holidays, down 46% from the previous year’s hiring plans. The full- and part-time seasonal hires will be for Macy’s namesake stores, as well […]
Victor Reklaitis is MarketWatch’s Money & Politics reporter and is based in Washington, D.C. Prior to joining MarketWatch, he served as an assistant editor and reporter at Investor’s Business Daily. Before IBD, he worked for several newspapers in Virginia. Follow Victor on Twitter at: @vicrek. Source: Marketwatch