Category: Market News
Steven Goldstein is based in London and responsible for MarketWatch’s coverage of financial markets in Europe, with a particular focus on global macro and commodities. Previously, he was Washington bureau chief, directing MarketWatch’s economic, political and regulatory coverage. Follow Steve on Twitter: @MKTWgoldstein. Source: Marketwatch
Shares of Roku Inc. ROKU, +4.89% are up more than 4% in premarket trading Friday after the streaming-media company announced a shopping-related partnership with Walmart Inc. WMT, -1.93%. The two companies said late Thursday that they are working “to make TV streaming the next e-commerce shopping destination” and have inked a partnership that will make […]
Redfin Corp. RDFN, +7.60% said Friday home offers written by its agents that faced competition declined to 57.8% in May, the lowest level since February 2021. That was down from 60.9% in April and from a post-pandemic peak of 68.8% a year ago. The online real estate services platform said the number of bids that […]
Consumers searching for the best deal will be comparison shopping next month as both Amazon.com Inc. AMZN, +2.47% and Target Corp. TGT, -2.51% will be hosting overlapping events. Target announced the return of its Deal Days event July 11 through July 13, with food, Apple AAPL, +1.15% products, home items and more to be discounted. […]
The Food and Drug Administration announced Friday that it authorized the COVID-19 vaccines developed by BioNTech SE BNTX, -3.10% /Pfizer Inc. PFE, -2.00% and Moderna Inc. MRNA, +5.74% for children as young as six months old. The regulator said Moderna’s two-dose vaccine is now authorized for children between the ages of 6 months old and […]
Shares of World Wrestling Entertainment Inc. WWE, -3.64% slumped 2.6% in premarket trading Friday, after the media and entertainment company said Vince McMahon will appear live on its “SmackDown” TV event. The show will air Friday at 8 p.m. Eastern on FOX. Earlier, WWE disclosed that it was investigating McMahon for “alleged misconduct,” and McMahon […]
U.S. stocks opened higher on Friday but still remained at their lowest levels since late 2020 after a brutal wipeout that sheared more than $2 trillion off the value of S&P 500 stocks. The Dow Jones Industrial Average DJIA, -0.13% shed 10 points, or 0.1%, to trade at 29,946, remaining below the 30,000 threshold. The […]
Shares of Seagen Inc. SGEN, +12.72% shot up 14.7% toward a seven-month high in morning trading Friday, after The Wall Street Journal reported that Merck & Co. Inc. MRK, -0.32% is looking into buying the cancer-focused biotechnology company. Meanwhile, drug-maker Merck’s stock eased 0.2%. Although terms of a potential buyout were not mentioned in the […]
World Wrestling Entertainment Inc. WWE, -3.64% Chief Executive Vince McMahon is stepping aside from that role as well as chairman during an investigation into a Wall Street Journal report that McMahon agreed to pay $3 million in hush money to a former employee over an alleged affair, the WWE announced Friday. In a release, the […]
The number of people with medical cannabis licenses in the U.S. rose to 2.97 million in 2020 from 678,408 in 2016, according to a study of state data published this week in the Annals of Internal Medicine. The most common qualifying condition reported by patients in 2020 was chronic pain (60.6%), with posttraumatic stress disorder […]