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Tag: spx extension

Business

Dow drops more than 600 points, posts worst day of the year after weak economic data, Fed hawkish comments erase inflation cheer

Daineby DaineJanuary 18, 20230

US stock indexes closed sharply lower on Wednesday, with the Dow Jones Industrial Average and the S&P 500 index posting their worst day in more …

Technology

Dow drops 350 points after data suggests economic growth is slowing

Daineby DaineJanuary 18, 20230

US stock indexes were trading lower on Wednesday after data showed retail sales fell in December, although wholesale inflation also eased, allowing bond yields to …

Business

Wall Street’s ‘fear gauge’ flashes warning that stocks may have plunged off a cliff

Daineby DaineJanuary 18, 20230

Wall Street’s fear gauge fell to its lowest level in months and Wall Street strategists fear it could be a warning that the latest stock …

Technology

Carvana adopts a “poison pill” to ward off a hostile takeover. Stocks rebound.

Daineby DaineJanuary 18, 20230

Text size Carvana shares rallied after markets opened. Mark Ralston/AFP via Getty Images Carvana Shares rose Tuesday after the used-car dealer announced it was taking …

Technology

Tesla cuts prices, Wall Street cuts estimates. Investors don’t care.

Daineby DaineJanuary 18, 20230

Text size Tesla is trying to boost demand by lowering the prices of its electric vehicles. Joe Raedle/Getty Images Tesla started the new year with …

Technology

Wall Street’s ‘fear gauge’ flashes warning that stocks may have plunged off a cliff

Daineby DaineJanuary 17, 20230

Wall Street’s fear gauge fell to its lowest level in months and Wall Street strategists fear it could be a warning that the latest stock …

Technology

Emerson Stock Tanks on offer for National Instruments. Because the market is unhappy.

Daineby DaineJanuary 17, 20230

Text size Emerson Electric turned hostile in a bid for National Instruments. Time to dream Industrial automation giant Emerson Electric made a hostile bid for …

Technology

XPeng cuts electric car prices. Tesla stock is on the rise.

Daineby DaineJanuary 17, 20230

Text size China is the largest electric vehicle market in the world. Bloomberg China’s price war for EVs is getting worse after that XPeng has …

Technology

What JPMorgan and other banking giants are saying about a possible recession

Daineby DaineJanuary 17, 20230

America’s banking giants are examining their economic crystal balls, and not everyone likes what they see. JP Morgan , Bank of America , and other …

Technology

Tesla’s profits are at risk from price cuts. It could go wrong.

Daineby DaineJanuary 16, 20230

Text size Price cuts could hurt Tesla’s margins but boost unit sales. David Gannon/AFP via Getty Images Tesla is cutting its prices, so Wall Street …

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