Stock markets

Stock futures fall as traders await latest Federal Reserve rate hike decision

Traders on the NYSE floor Source: NYSE Stock futures fell on Wednesday as investors anticipated Wednesday’s Federal Reserve meeting. Futures contracts linked to the Dow Jones Industrial Average lost 140 points or 0.4%. S&P 500 futures and Nasdaq Composite futures fell 0.4% and 0.3%, respectively. The Fed will announce at 2:00 p.m. (ET) how much …

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Stocks moving the most before market: McDonald’s, UPS and more

Nathan Stirk | Getty Images News | Getty Images Find out which companies are making headlines before the bell. McDonald’s — Shares fell more than 1% after McDonald’s released its latest quarterly results. The fast-food giant beat revenue and earnings estimates, saying customers are increasingly visiting its restaurants. Still, McDonald’s CEO Chris Kempczinski said he …

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Asian chipmakers fall as Samsung posts worst quarterly profit in 8 years

Attendees line up under a large LED display of smart home products to enter the Samsung Electronics booth, during the Consumer Electronics Show (CES) in Las Vegas, Nevada on January 6, 2023. Patrick T. Fallon | AFP | Getty Images Semiconductor stocks in Asia fell as South Korean chip giant Samsung Electronics suffered its worst …

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Most Adani stocks continue to lose; founder loses $28 billion in a month

Gautam Adani, chairman of Indian conglomerate Adani Group, at the World Congress of Accountants in Mumbai on November 2. 19, 2022. Founder Gautam Adani, Asia’s richest man and once second only to Elon Musk, has fallen among the world’s five richest to rank seventh on Bloomberg’s Billionaires Index. Indranil Mukherjee | AFP | Getty Images …

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Stock futures fall ahead of busy earnings week, Fed meeting

Stock futures traded lower on Monday morning as investors braced for a week of key corporate earnings and a possible Federal Reserve interest rate hike. Futures contracts linked to the Dow Jones Industrial Average slipped 178 points, or about 0.52%. S&P 500 futures fell 0.76% and Nasdaq 100 futures fell 1.1%. Wall Street is coming …

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Charts suggest investors should bet on Dow Jones Industrial Average ‘workhorses’, says Jim Cramer

On Friday, CNBC’s Jim Cramer told investors to avoid Nasdaq Composite stocks and place their bets on names listed in the Dow Jones Industrial Average. “Even though tech started the new year well and it was crazy today, the rankings, as interpreted by Larry Williams, say be a little wary of the Nasdaq show horses …

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Here’s the real reason American Express offers such big rewards

Armed with impressive rewards and a loyal customer base, AmEx is a giant in the credit card industry. The company’s revenue has grown more than 32% since 2017, when adjusted for inflation, and the company’s shares have shown resilience and growth in a tumultuous market. “Rebate revenue,” or fees charged to merchants who accept its …

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S&P 500 rises slightly on Friday, but heads for a winning week

The S&P 500 edged higher on Friday, but all major averages headed for a winning week fueled by better-than-expected economic growth and a pop from market darling Tesla. The benchmark traded up 0.2%, while the Nasdaq Composite gained 0.7%. The Dow Jones Industrial Average traded 44 points, or 0.1% higher. Earnings season continues, with strong …

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