Tag: Marketwatch

Shares of Nio Inc. NIO, +14.76% pulled back 1.5% in premarket trading Friday, after soaring 14.8% the previous session, which was the biggest one-day gain since it rocketed 17.4% on March. 9. Thursday’s rally in the China-based electric vehicle maker’s stock occurred despite no releases or filings from the company, and followed a 3-day losing […]

U.S. stocks rose Thursday morning, with the S&P 500 and the Dow aiming to extend their march toward fresh records to cap 2021, with investor buying driven at least partly by the belief that an omicron-fueled spread of COVID won’t do lasting damage to the economy. The Dow Jones Industrial Average DJIA, -0.25% rose 175 […]

Shares of cruise operators took a dive into negative territory in midday trading Thursday, erasing earlier gains, after the U.S. Centers for Disease Control and Prevention said it now recommends avoiding cruise travel, “regardless of vaccination status,” but stopped short of requiring a pause in sailings. The CDC said it has raised its COVID-19 Travel […]

Gold futures on Thursday finished higher, pivoting upward despite gains in the U.S. dollar and a rally in stocks that took the Dow Jones Industrial Average DJIA, -0.25% and the S&P 500 SPX, -0.30% to intraday records, amid a continued downshift in omicron concerns. A retreat in Treasury yields TMUBMUSD10Y, 1.510% limited the early downward […]

Shares of Teva Pharmaceutical Industries Ltd. TEVA, -6.29% sank 4.6% in afternoon trading Thursday, reversing an earlier gain of as much as 3.1%, after New York Attorney General Letitia James said a jury found that the drug maker’s subsidiary Teva Pharmaceuticals USA and violated rights of New Yorkers, as a contributor to the opioid crisis. […]

Market timer Tom McClellan, publisher of the McClellan Market Report, warned of a “sharp drop” in the stock market “beginning imminently” and continuing for a couple of weeks into January. Among reasons for his view, chart signals suggest the recent rally in the Dow Jones Industrial Average DJIA, -0.25% and S&P 500 SPX, -0.30% to […]

U.S. stock indexes ended lower Thursday, with the Dow Jones Industrial Average snapping its winning streak before the final day of trading in 2021. The Dow DJIA, -0.25% fell around 0.3%, ending a stretch of six straight days of gains, while the S&P 500 SPX, -0.30% slipped 0.3% and the Nasdaq Composite COMP, -0.16% dipped […]

With just one day to go in the year, Advanced Micro Devices Inc. AMD, -2.10% admitted Thursday that its acquisition of fellow semiconductor company Xilinx Inc. XLNX, -1.71% would not close by the end of 2021, but did say it expects the deal to be sealed early in the new year. In a joint, uncredited […]

U.S. oil futures end higher Thursday, with crude turning positive intraday as fading omicron concerns and signs of strong uptake of energy-related assets helped to support year-end buying. West Texas Intermediate crude for February delivery CLG22, +0.18% CL00, +0.18% traded 43 cents, or 0.6%, higher to end at $76.99 a barrel on the New York […]

The U.S. Energy Information Administration reported on Thursday that domestic supplies of natural gas fell by 136 billion cubic feet for the week ended Dec. 24. That is more than the 127 Bcf average decline forecast by analysts polled by S&P Global Platts. The weekly drawdown also is greater than the five-year average draw of […]