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October 18, 2021

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Stock futures are flat as investors await more earnings results

CNBC
CNBC – For more and to sign up click here Traders work on the floor at the New York Stock Exchange. Brendan McDermid | Reuters U.S. stock futures were little changed Wednesday night after the S&P 500 snapped a three-day losing streak as companies kicked off the quarterly earnings season.......

The big stock market earnings begin with a negative not seen since before the Covid bottom

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CNBC – For more and to sign up click here The big issue for S&P 500 earnings in the third quarter hasn’t exactly snuck up on investors. The stock market has been struggling since September and the reason can be summed up in an index that is currently trading at......

Stock futures rise slightly ahead of bank earnings and a key inflation report

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CNBC – For more and to sign up click here U.S. stock futures were slightly higher on Wednesday as investors anticipate the start of earnings season and a new inflation reading. Dow Jones Industrial average futures added 63 points, while S&P 500 futures gained 0.3% and Nasdaq 100 futures rose......

‘Out of stock’ items plague grocery delivery services. Personal shoppers at Target’s Shipt aim to fix that

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CNBC – For more and to sign up click here Jeremy Fetters worked as a bartender for years, but switched careers when the pandemic began and the night club where he worked temporarily shut. Now, he said he plans to continue with Shipt. Jeremy Fetters ST. PETERSBURG, Fla. — Jeremy......

Stock futures are flat in overnight trading after a losing day

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CNBC – For more and to sign up click here Stock futures were little changed in overnight trading on Monday after Wall Street kicked off the week on a sour note. Futures on the Dow Jones Industrial Average dipped 20 points. S&P 500 futures and Nasdaq 100 futures were both......

Saudi’s ACWA Power jumps 30% on stock market debut

Reuters
Saudi woman walks at the Saudi stock market (Tadawul), in Riyadh, Saudi Arabia March 9, 2020. REUTERS/Ahmed Yosri//File Photo Share price surge continues trend among Saudi IPOs ACWA builds, operates renewable energy plants IPO reduces sovereign wealth fund PIF’s stake to 44% A raft of IPOs expected on Riyadh bourse......

Start your holiday shopping now. Here are some goods that may be running out of stock

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CNBC – For more and to sign up click here Supply chains everywhere have been hit by massive disruptions this year, from container shortages to floods and Covid infections setting off port closures. The energy crises in mainland China and Europe are the latest to roil shipping. Capital Economics noted......

Stock futures edge lower to start the week

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CNBC – For more and to sign up click here 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......

Stock market on comeback trail heads into what’s supposed to be another stellar earnings season

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CNBC – For more and to sign up click here 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......

What a tax on stock buybacks would, and wouldn’t, mean for the bull market

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CNBC – For more and to sign up click here Then-Democratic presidential candidate Joe Biden meets workers as he tours the Fiat Chrysler plant in Detroit, Michigan on March 10, 2020. Mandel Ngan | AFP | Getty Images In 2016, a notable member of the Democratic Party took to the......

Booming stock market and ‘credit euphoria’ will drive banks to better-than-expected profits, top analyst Mike Mayo predicts

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CNBC – For more and to sign up click here 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......

Stock futures are flat ahead of key employment report

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CNBC – For more and to sign up click here 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 41 points. S&P 500 futures were up 0.08%, while Nasdaq......

Evergrande backer Chinese Estates’ stock soars on take-private offer

Reuters
The company logo is seen on the headquarters of China Evergrande Group in Shenzhen, Guangdong province, China September 26, 2021. REUTERS/Aly Song HONG KONG, Oct 7 (Reuters) – Shares of Chinese Estates Holdings (0127.HK), a former major shareholder of embattled developer China Evergrande (3333.HK), jumped as much as 32% on......

Stock futures are higher after investors’ debt ceiling concerns dwindle

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CNBC – For more and to sign up click here U.S. stock futures edged higher Wednesday night after the Dow Jones Industrial Average reclaimed a 459-point loss from earlier in the day as investor concerns about a debt ceiling deal eased. Dow Jones Industrial Average futures rose 181 points. S&P......

Nike wins teen vote, but this footwear stock has an advantage, trader says

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CNBC – For more and to sign up click here Footwear and apparel stocks are getting attention. A survey of 10,000 U.S. teens released Tuesday placed Nike in the top spot among their favorite footwear and apparel brands, with Adidas also ranking in the top three for footwear and pulling......

Stock futures inch higher after Tuesday’s broad rebound

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CNBC – For more and to sign up click here Stock futures inched higher in overnight trading after the market rebounded Tuesday from a tech-led sell-off the day prior. Futures on the Dow Jones Industrial Average gained 50 points, or 0.15%. S&P 500 futures ticked up 0.1% and Nasdaq 100......

Stock futures muted after a tech-driven sell-off on Wall Street

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CNBC – For more and to sign up click here Stock futures were muted in overnight trading on Monday following a tech-led sell-off as investors continued to dump high-flying shares in the face of rising rates. Futures on the Dow Jones Industrial Average slipped 30 points. S&P 500 futures were......

Stock futures are flat heading into first full week of trading in October

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CNBC – For more and to sign up click here Traders work on the floor of the New York Stock Exchange (NYSE) on September 30, 2021 in New York City. Spencer Platt | Getty Images U.S. stock futures were steady in overnight trading on Sunday as investors readied for the......

Stock futures rise slightly after S&P 500 suffered worst month since March 2020

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CNBC – For more and to sign up click here Traders work on the floor of the New York Stock Exchange (NYSE), September 21, 2021. Brendan McDermid | Reuters Stock futures inched up in overnight trading on Thursday after the S&P 500 notched its worst month since March 2020. Futures......

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