Tag: Marketwatch
Oil futures climbed on Monday, with the U.S. benchmark marking its highest settlement month to date. The “bullish trifecta pushing the envelope [Monday] are faltering Iranian nuclear discussions, broad based recovery in the U.S. capital markets and resilient strength in U.S. wage growth,” said Manish Raj, chief financial officer at Velandera Energy Partners. October WTI […]
Home Industries Published: Sept. 12, 2022 at 12: 38 p.m. ET MarketWatch comments Referenced Symbols Advertisement ABNB +1.21% Airbnb Inc. ABNB, +1.21% is on track for its longest winning streak on record, according to Dow Jones Market Data team. The stock is currently up 1.9% and has gained for nine of the past ten […]
Shares of Novavax Inc. NVAX, +0.32% were up 2.4% in trading on Monday after the company said its COVID-19 booster has been authorized in Europe for adults. Novavax’s stock has declined 77.3% so far this year, while the S&P 500 SPX, +0.78% is down 14.6%. Source: Marketwatch
Lands’ End Inc. LE, +6.29% on Monday named Andrew McLean as CEO-designate to succeed Jerome Griffith, who will retire as CEO on Jan. 27 and become executive vice chair of the company’s board. McLean, who is president, international of American Eagle Outfitters Inc. AEO, +5.57%, will join Lands’ End on Nov. 1. Griffith will remain […]
The World Anti-Doping Agency (WADA) is expected to keep cannabis on its prohibited substance list in 2023, The Wall Street Journal reported on Monday. The move comes after the U.S. Anti-Doping Agency pushed for a rule change on cannabis after sprinter Sha’Carri Richardson was suspended and cut from the U.S. Olympic team last year for […]
Shares of NIO Inc. NIO, +8.37% bounced into positive territory Thursday, again, to buck weakness in rival China-based electric vehicle makers, after J.P. Morgan analyst Nick YC Lai suggested they may be “bottoming out.” The stock was down as much as 2.8% earlier before reversing to rise 0.7% in morning trading, while XPeng Inc.’s stock […]
Gold futures ended lower on Thursday, pressured by remarks from Federal Reserve Chairman Jerome Powell that implied the central bank will continue to boost interest rate as it attempts to bring down inflation. U.S. initial jobless claims fell last week to a three-and-a-half-month low, “underscoring a robust jobs market even as the Fed launches monetary […]
The Justice Department and legal representatives of former president Donald Trump have, as ordered on Monday by U.S. District Judge Aileen Cannon, put forward the names of candidates to be appointed special master to conduct a review of the documents and materials recovered on Aug. 8 by the FBI during a court-approved search of Trump’s […]
The seven-day average for new COVID-19 cases continued its two-month downtrend, as it fell below the 70,000 mark for the first time in four months. The daily average was 68,356 on Thursday, down 25% from two weeks ago, and the lowest total since May 5, according to a New York Times tracker. Only four states […]
Shares of Caterpillar Inc. CAT, +3.46% climbed 3.3% in morning trading Friday, enough to pace the Dow Jones Industrial Average’s DJIA, +1.19% gainers, after the construction and mining equipment maker said the settlement reached wit the U.S. Internal Revenue Service included no penalty payments. The stock’s price gain of $5.97 was adding about 39 points […]