U.S. stock futures indicate a cautious session on Wall Street after a plunge in Boeing shares and amid uncertainty over Federal Reserve policy. How are stock-index futures trading S&P 500 futures ES00, -0.22% dipped 11 points, or 0.3% to 4724 Dow Jones Industrial Average futures YM00, -0.49% fell 183 points, or 0.5% to 37536 Nasdaq
Last year was battered by the same headwinds that led many to christen 2022 the year of the ‘permacrisis’. Inflation, rising interest rates and geopolitical tensions continued to hit economies around the world and affect financial services in Europe. Investment banks made their deepest job cuts since 2008, culling thousands of roles as trading fees flatlined
Stock investors have gotten off to a wobbly start to the new year, hobbled by shifting expectations on the timing and extent of Federal Reserve interest-rate cuts in 2024. All three major U.S. stock indexes snapped a nine-week winning streak on Friday, after unexpectedly strong December job gains prompted traders to briefly pull back on
The European aviation regulators have followed orders by the Federal Aviation Administration for the temporary grounding of many Boeing 737 MAX 9 aircraft, after a MAX 9 operated by Alaska Air lost a section of its fuselage in midair on Friday. The damaged plane was able to return to the Portland, Ore., airport, where the
Published: Jan. 5, 2024 at 4:31 p.m. ET Shares of Canadian Apartment Properties Real Estate Investment Trust Un CAR.UT inched 0.04% higher to C$47.65 Friday, in what proved to be an all-around favorable trading session for the Canadian market, with the S&P/TSX Composite Index GSPTSE rising 0.32% to 20,937.55. Canadian Apartment Properties Real Estate Investment
Published: Jan. 5, 2024 at 4:12 p.m. ET By Will Feuer PMV Pharmaceuticals Chief Financial Officer Winston Kung has stepped down and will be succeeded by Michael Carulli. Kung has served as CFO of the precision-oncology company since 2017. He is stepping down to pursue other opportunities, the company said. Carulli joined the company in
Published: Jan. 5, 2024 at 4:06 p.m. ET The stock market has stumbled into the new year, but a closely watched measure of expected volatility remains subdued — cheering up investors looking for renewed equity gains but worrying those who fear market participants are complacent. The Cboe Volatility Index VIX, widely known by its ticker
Walt Disney is caught in a contentious battle with multiple activist investors. Shareholders should come out ahead no matter who the winner is. Right now, there are no fewer than four activists taking aim at the House of Mouse. That should come as no surprise given that Disney stock has lost more than half its
Bitcoin and other cryptocurrencies were falling Wednesday. The crypto sector was giving back gains after a sharp rally to start the year but some analysts see reasons for continued strength. Bitcoin has fallen 0.6% to $45,372 over the last 24 hours. The largest cryptocurrency broke through $45,000 for the first time in more than a year
These mutual fund and ETF investing tips can freshen your portfolio
Published: Jan. 7, 2024 at 3:38 p.m. ET Don’t miss these top mutual fund and ETF features: INVESTING NEWS & TRENDS This ETF’s strategy has been working, and the numbers point to continued success A combination of low price-to-earnings valuation and high expected growth rates can set up good performance over the long term. Read