Take a look at some of the biggest movers in the premarket: Southwest Airlines (LUV) – The airline canceled more than 1,800 flights over the weekend, citing bad weather, air traffic control issues and staff shortages. Southwest disputed speculation that its high level of cancellations compared to other airlines was due to employee protests of
Finance
Investors may want to hit the buy button the next time technology stocks sell off. Invesco’s Kristina Hooper contends the group is playing a crucial role in corporate America’s desire to boost productivity. “Technology over the longer term is going to benefit from increased corporate spending,” the firm’s chief global market strategist told CNBC’s “Trading
Traders work the floor of the New York Stock Exchange. NYSE Stock futures edged lower Sunday night after finishing near the flat line Friday after investors shook off concerns about a much weaker-than-expected labor market report released on Friday. Dow Jones Industrial Average futures fell 33 points, or 0.08%. S&P 500 and Nasdaq 100 futures
U.S. stock index futures were flat during overnight trading on Thursday as Wall Street awaits Friday’s key September jobs report. Futures contracts tied to the Dow Jones Industrial Average gained 19 points. S&P 500 futures were up 0.06%, while Nasdaq 100 futures advanced 0.08%. Stocks advanced during regular trading on Thursday as Washington reached a
Top analyst Mike Mayo believes Wall Street is underestimating financials ahead of earnings season. Mayo, who follows large-cap banks for Wells Fargo Securities, suggests investors haven’t fully acknowledged the benefits associated with the booming stock market — from merger to wealth management fees. “It’s bull market banking,” the firm’s managing director told CNBC’s “Trading Nation”
A Now Hiring sign hangs near the entrance to a Winn-Dixie Supermarket on September 21, 2021 in Hallandale, Florida. Joe Raedle | Getty Images The September jobs report issued Friday offered yet more evidence that pandemic-era unemployment benefits didn’t hold back the labor market in a significant way. Job growth — 194,000 new payrolls —
In this article MRO FANG MRNA OTLY The GM logo is seen on a water tank of the General Motors assembly plant in Ramos Arizpe, in Coahuila state, Mexico February 11, 2021. Daniel Becerril | Reuters Check out the companies making headlines in midday trading. Energy — Energy stocks dominated the top performing spots in
In this article GSBD PNC A specialist trader works inside a booth on the floor of the New York Stock Exchange (NYSE) in New York City, October 6, 2021. Brendan McDermid | Reuters Stocks proved hard to keep down this week, and the start of the earnings season next week could further bolster the comeback
In this article TSLA ALLO QDEL A OTLY MNTV Check out the companies making headlines before the bell: Tesla (TSLA) – Tesla announced it would move its corporate headquarters to Texas from California, with CEO Elon Musk noting the high cost of living and operating in California. Musk did say the company plans to increase
Senator-elect Cynthia Lummis, a Republican from Wyoming, stands for a photo at the U.S. Capitol in Washington, D.C., November 9, 2020. Stefani Reynolds | Pool | Reuters Senator Cynthia Lummis, R-Wyo., just disclosed a sizable bitcoin purchase as the crypto supporter continued to grow her stake in the volatile asset. The Republican senator scooped up the
Lael Brainard, governor of the U.S. Federal Reserve, speaks during the National Association of Business Economics (NABE) annual meeting in Arlington, Virginia, on Monday, Sept. 27, 2021. Al Drago | Bloomberg | Getty Images Federal Reserve Governor Lael Brainard‘s increased influence ahead likely means substantial changes and challenges for the nation’s banking system. Considered a
In this article CAG MDP TLRY-CA LEVI HELE TWTR Check out the companies making headlines before the bell: Conagra Brands (CAG) – The company behind food brands like Healthy Choice, Hunt’s and Hebrew National earned an adjusted 50 cents per share for its latest quarter, 1 cent above estimates, while revenue also came in ahead