Stock futures are higher after the S&P 500 fell to its lowest level in more than a year

US stock futures were higher on Monday night after the S&P 500 fell to its lowest level in more than a year. Dow Jones Industrial Average terms were up 92 points, or 0.3%. Futures on the S&P 500 and Nasdaq 100 rose 0.3% and 0.4%, respectively. Shares of AMC and Novavax moved after a few … Read more

Stock futures are higher after the S&P 500 fell to its lowest level in more than a year

U.S. stock futures were higher on Monday night after the S&P 500 fell to its lowest point in more than a year. Dow Jones Industrial Average terms rose 105 points, or 0.3%. Futures on the S&P 500 and Nasdaq 100 rose 0.3% and 0.4%, respectively. Shares of AMC and Novavax moved after a few hours … Read more

Goldman Sachs is cutting its SPAC business amid a regulatory shock and market turmoil

Traders work on the New York Stock Exchange (NYSE) in New York, May 9, 2022. Brendan McDermid Reuters Goldman Sachs is downsizing its business in the once-glowing SPACs as blank check jobs are caught in a double whammy of regulatory shock and a tough market environment. “We are reducing our participation in the SPAC business … Read more

Inflation prospects for consumers are record highs, according to a Fed study

A worker stores items at a store in San Francisco, California, May 2, 2022. David Paul Morris Bloomberg | Getty Images Consumers have become a little more optimistic about inflation in April, although they still expect to spend significantly more next year, according to a Federal Reserve survey released Monday. Inflation expectations fell to a … Read more

Inflation prospects for consumers are record highs, according to a Fed study

A worker stores items at a store in San Francisco, California, May 2, 2022. David Paul Morris Bloomberg | Getty Images Consumers have become a little more optimistic about inflation in April, although they still expect to spend significantly more next year, according to a Federal Reserve survey released Monday. Inflation expectations fell to a … Read more

Fed’s Kashkari convinced that inflation could weaken, but not without pain

Neel Kashkari Anjali Sundaram CNBC Minneapolis Federal Reserve Chairman Neel Kashkari said Monday that he is confident inflation will return to normal, although it will take longer than he expected. Acknowledging that he was a “transition team” in the belief that the rise in prices would not last, he said persistent supply and demand imbalances … Read more

Palantir, Rivian, Uber and more

Check out some of the biggest pre-sales drivers: Palantir Technologies (PLTR) – Shares of software analytics firm fell 15.1% in pre-market trading after the mixed quarter. Palantir reported earnings of 2 cents per share, compared to a consensus estimate of 4 cents per share. However, revenues were higher than expected, despite the slowdown in government … Read more

Stock futures are falling as Wall Street seeks to stabilize after a week of tumultuous racing

Traders on the NYSE, May 6, 2022. Source: NYSE Stock futures fell on Sunday night as traders searched the market to find a foothold after a dramatic trading week. Dow Jones Industrial Average futures fell 124 points, or 0.4%. Dates for the S&P 500 fell 0.6%, while those for the Nasdaq 100 lost 0.7%. Last … Read more

Stock futures are falling as Wall Street seeks to stabilize after a week of tumultuous racing

Traders on the NYSE, May 6, 2022. Source: NYSE Stock futures fell on Sunday night as traders searched the market to find a foothold after a dramatic trading week. Dow Jones Industrial Average futures fell 124 points, or 0.4%. Dates for the S&P 500 fell 0.6%, while those for the Nasdaq 100 lost 0.7%. Last … Read more

Peloton, Under Armor, Monster Beverage and more

The Peloton exercise bike is seen after the opening ring of the company’s IPO at the Nasdaq Market in New York, New York, USA, September 26, 2019. Shannon Stapleton Reuters Check out the companies that were on the front pages in Friday afternoon trading. Peloton – Peloton shares fell more than 6% after The Wall … Read more