Tag: Marketwatch
Stocks were mostly higher but little changed overall after the opening bell Friday as investors monitored prospects of a Russian invasion of Ukraine and assessed the speed and scope of Federal Reserve rate hikes. The Dow Jones Industrial Average DJIA, -0.68% fell 40 points, or 0.1%, to 34,272, while the S&P 500 SPX, -0.72% edged […]
The numbers: Existing-home sales increased by nearly 7% between December and January, hitting a seasonally-adjusted, annual rate of 6.5 million, the National Association of Realtors said Friday. Compared to a year ago, sales were down more than 2%. Economists polled by MarketWatch expected the pace of home sales to come in at 6.1 million. What […]
Existing-home sales increased by nearly 7% between December and January, hitting a seasonally-adjusted, annual rate of 6.5 million, the National Association of Realtors said Friday. Economists polled by MarketWatch expected the pace of home sales to come in at 6.1 million. Compared to a year ago, sales were down more than 2%. The inventory of […]
Shares of General Electric Co. GE, -5.86% took a dive in morning trading Friday, swinging from a slight gain to a 4.3% loss, after the industrial conglomerate disclosed that supply chain challenges will put pressure on growth, profit and free cash flow through the first half of 2022, more so than typical seasonality. “In light […]
Baker Hughes BKR, -1.09% on Friday reported that the number of active U.S. rigs drilling for oil was up by four to 520 this week. That followed a climb of 19 oil rigs the week before, Baker Hughes data show. The total active U.S. rig count, which includes those drilling for natural gas, climbed by […]
Read Next DraftKings stock tumbles after loss widens as costs jump, while revenue rises above expectations Shares of DraftKings Inc. undefined tumbled 15.4% in premarket trading Friday, after the digital sports entertainment and gaming company another quarterly loss that widened from a year ago, while revenue rose above expectations but costs jumped. The net loss […]
U.S. stocks closed lower Friday and booked a second week in a row of declines, as investors kept an eye on Russia and Ukraine, fearing an outbreak of war. President Biden is due to speak shortly after the closing bell on Russia tensions, with a focus on “continued efforts to pursue deterrence and diplomacy, and […]
Published: Feb. 18, 2022 at 2:56 p.m. ET A Biden administration official on Friday put the blame on Russia for a cyberattack that hit Ukrainian banks earlier this week. “We believe that the Russian government is responsible for widescale cyberattacks on Ukrainian banks this week,” Deputy National Security Advisor for Cyber and Emerging Technology Anne […]
Gold futures fell on Friday to settle below the $1,900 mark, but still gained just over 3% for the week. While “war fears dominate the headlines, I believe the main driving force behind this rally remains rising inflation,” said Peter Spina, president and chief executive officer at GoldSeek.com, adding that there may be a $20 […]
President Joe Biden will speak at 4 p.m. Eastern time on the U.S.’s “continued efforts to pursue deterrence and diplomacy, and Russia’s buildup of military troops on the border of Ukraine,” the White House said Friday. The speech is scheduled after a separate, 2:30 p.m. Eastern call with Transatlantic leaders, according to the White House. […]