Stocks making the biggest moves premarket: Lowe’s, Target, Krispy Kreme and others
Check out the companies making headlines before the bell: Lowe’s (LOW ) – The home improvement retailer reported an adjusted quarterly profit of $4.25 per share, beating the consensus estimate of $4.01. Revenue beat forecasts, and the same-store sales decline...
Dow futures fall slightly after 30-stock average snaps 5-day winning streak
A trader works on the trading floor at the New York Stock Exchange (NYSE) in New York, August 9, 2021. Andrew Kelly | Reuters Dow futures slipped slightly in overnight trading on Tuesday after the 30-stock average snapped a 5-day...
Homebuilder sentiment falls to lowest level in over a year as buyers face sticker shock
The price of lumber has fallen sharply in the last few months, but apparently that has not been enough to take the pressure off homebuilders. Sentiment among single-family homebuilders dropped 5 points to 75 in August on the National Association...
Retail sales drop worse-than-expected 1.1% in July as rising Covid fears hit consumers
Shoppers in the U.S. cut back their purchases in July even more than expected as worries over the delta variant of Covid-19 dampened activity and government stimulus dried up. Retail sales for the month fell 1.1%, worse than the Dow...
Chinese electric scooter company Niu shakes off pandemic slump and predicts strong sales ahead
This Niu scooter store in Beijing’s Chaoyang district is open daily from about 8 a.m. to 8 p.m. Evelyn Cheng | CNBC BEIJING — Almost three years since Chinese electric scooter start-up Niu Technologies listed in the U.S., the company...
Retail sales likely dipped in July as consumers held off on purchases amid Covid delta worries
Shoppers carry bags of purchased merchandise at the King of Prussia Mall, in King of Prussia, Pennsylvania, December 8, 2018. Mark Makela | Reuters Retail sales were expected to have fallen off in July, as consumers reacted to the delta...
Stocks making the biggest moves in the premarket: Sonos, MicroStrategy, Seagate Technology and more
Take a look at some of the biggest movers in the premarket: Sonos (SONO) – Sonos shares surged 10.6% in the premarket after an International Trade Commission judge ruled that Alphabet’s (GOOGL) Google unit had infringed on some of the...
There’s growing support within the Fed to announce the tapering of bond purchases in September
Federal Reserve Chairman Jerome Powell adjusts his tie as he arrives to testify before a Senate Banking, Housing and Urban Affairs Committee hearing on “The Semiannual Monetary Policy Report to the Congress” on Capitol Hill in Washington, July 15, 2021....
Stock futures pull back after the Dow and S&P 500 set records
The Wall St. sign is seen near the New York Stock Exchange (NYSE) in New York City, May 4, 2021. Brendan McDermid | Reuters Futures contracts tied to the major U.S. stock indexes slipped Sunday evening as the S&P 500...
Stocks making the biggest moves midday: Disney, Airbnb, Honest Company and more
General views of the Mickey Mouse Ferris Wheel at Disney California Adventure Park at the Disneyland Resort, which has reopened for outdoor dining and shopping on April 11, 2021 in Anaheim, California. AaronP | Bauer-Griffin | GC Images | Getty...
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