Tag: Marketwatch

Gold prices end Monday lower, recording the worst daily drop in nearly two months for the precious metal, as the dollar continued to soar and Treasury yields climbed. Gold for June delivery GC00, -0.11% GCM22, -0.11% shed $27.70, or 2.5%, to settle at $1,863.60 an once on Comex, the biggest daily percentage decline for the […]

Shares of Boeing Co. BA, -0.15% fell more than 3% on Monday, on track for their lowest close since May 22, 2020, when they closed at $137.53, and extending their losses to a ninth session. The stock traded as low as $143.38, its lowest intraday level since Nov. 2, 2020, when it hit $143.38. Over […]

Shares of Chemours Co. CC, +0.09% jumped nearly 7% in the extended session Monday after the the chemicals company reported first-quarter earnings that beat Wall Street expectations, saying its “outstanding” quarterly performance reflects structural improvements and longer-term growth trends for some of its businesses. Chemours said it earned $234 million, or $1.43 a share, in […]

Stocks rallied late Monday to end higher, dulling some of the pain of a brutal April selloff. The Dow Jones Industrial Average DJIA, +0.26% rose about 86 points, or 0.3%, to end near 33,063, after tumbling to 32,449.87 at the session’s low. The S&P 500 index SPX, +0.57% advanced 0.6% and the Nasdaq Composite Index […]

Vice President Kamala Harris will return to work in person on Tuesday after testing negative for COVID-19, her press secretary said in a statement. “Today, the Vice President tested negative for COVID-19 on a rapid antigen test,” said press secretary Kirsten Allen in a statement. “Following CDC guidelines, she will wear a well-fitting mask while […]

The Office of the Comptroller of the Currency (OCC) has lifted a 2012 consent order against Citigroup Inc. C, +0.67% that called for the bank to improve its transparency and take steps against money laundering, a source familiar with the bank confirmed on Monday. Reports surfaced late Thursday that Citi CEO Jane Fraser sent out […]

William Watts is MarketWatch’s senior markets writer. Based in New York, Watts writes about stocks, bonds, currencies and commodities, including oil. He also writes about global macro issues and trading strategies. Before moving to New York, he reported for MarketWatch from Frankfurt, London and Washington, D.C. Source: Marketwatch

Amazon.com Inc. shares AMZN, -14.05% fell 1.5% in premarket trade Monday, after the stock was removed from Wedbush’s Best Ideas List. “We are removing Amazon from the BIL due to our investment price discipline,” the firm said in a short statement. The move comes after Amazon shares suffered their worst day in more than 15 […]

Phillips 66 PSX, -0.52% said Friday it’s re-starting its $2.5 billion share buyback program after suspending it in March 2020 to preserve liquidity. Under the plan, the company may repurchase its outstanding shares of common stock from time to time in open market or privately negotiated transactions. Repurchases will be at management’s discretion and subject […]

Colgate-Palmolive Co. shares CL, -5.13% slid 4% premarket Friday, after profit fell in the first quarter and company warned of continued pressure from inflation and geopolitical concerns. The consumer goods giant posted net income of $559 million, or 66 cents a share, for the quarter, down from $681 million, or 80 cents a share, in […]