Your first trade for Thursday, October 3
The “Fast Money” traders shared their first moves for the market open. Tim Seymour was a buyer of Google. Karen Finerman was a buyer of Delta. Dan Nathan was a seller of The Consumer Staples Select Sector SPDR Fund. Steve...
Stocks making the biggest moves after hours: Tesla, Bed Bath & Beyond, GoPro and more
Tesla cars are seen at a shopping mall showroom in Los Angeles. Mark Ralston | AFP | Getty Images Check out the companies making headlines after the bell: Tesla shares dipped as much as 5% during extended trade after the...
Your first trade for Wednesday, October 2
The “Fast Money” traders shared their first moves for the market open. Pete Najarian was a buyer of Qudian. Tim Seymour was a buyer of Disney. Karen Finerman was a seller of iShares iBoxx $ High Yield Corporate Bond ETF. Dan...
September private payrolls report shows the pace of hiring is slowing
The private sector created more jobs than expected in September, but the pace slowed amid growing signs that the labor market is getting tighter, according to a report Wednesday from ADP and Moody’s Analytics. Companies hired 135,000 more workers in...
After scary manufacturing drop, this is the number to watch Wednesday
Engines assembled as they make their way through the assembly line at the General Motors (GM) manufacturing plant in Spring Hill, Tennessee, August 22, 2019. Harrison McClary | Reuters Wednesday’s report of ADP private payrolls could give clues on the...
Dynamic FX hedging at heart of BNP Paribas-Kantox partnership
Dawn of a new partnership between BNP Paribas and Kantox BNP Paribas has unveiled a strategic partnership with Kantox, an FX-focused fintech, that will enable EMEA-based treasurers to automate and streamline FX workflows. It is designed to complement the range...
US manufacturing survey shows worst reading in a decade
A gauge of U.S. manufacturing showed the lowest reading in more than 10 years in September as exports dived amid the escalated trade war. The U.S. manufacturing Purchasing Managers’ Index from the Institute for Supply Management came in at 47.8%...
US manufacturing activity hits highest in 5 months in September, IHS Markit says
A worker moves a Venice model roadster vehicle at the Vanderhall Motor Works manufacturing facility in Provo, Utah, Sept. 25, 2018. George Frey | Bloomberg | Getty Images The U.S. manufacturing sector activities rebounded slightly in September, according to IHS...
Is there a recession coming? Keep an eye on these key indicators
If I could devise a model that would accurately predict the onset of every recession or economic crisis, I’d probably be worth more than Warren Buffett, Bill Gates and Jeff Bezos combined. But the truth is nobody can accurately forecast...
Charles Evans says Fed has turned dovish, but still might need to do more
Charles Evans, president and chief executive officer of the Federal Reserve Bank of Chicago, told CNBC Monday that he was “open-minded” when asked about the right level for interest rates in the U.S., but suggested more cuts could be needed...