Today’s Stock Market News & Events

stock market news today

The Weekly Market Update is published every Friday, after market close. General Mills Is Bringing Back 4 Classic ’80s CerealsFrute Brute Monster Cereal, Franken Berry, Count Chocula, and DotBig Boo-Berry are coming back to supermarket shelves. SwingTrader helps you take advantage of short term trends by applying the rules of IBD’s CAN SLIM System in a swing trading environment.

Aug 8, 2022 Another meme-stock rally pushed the video game retailer higher.

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    Path 1: The Recession Is Old News, The Cycle Has Reset, And A New Uptrend Is Underway

    U.S. stocks moved higher as the week kicked off with earnings and deal making in focus. Pfizer is paying $5.4 billion for Global Blood Therapeutics, while chipmaker Nvidia fell after disclosing second quarter revenue will fall short. Additionally, Bed, Bath & Beyond jumped over 30% on no apparent news. St. Louis Federal Reserve President James Bullard told CNBC on Wednesday that "it’s hard to say there’s a recession," with strong job growth logged in the first half of 2022.

    stock market news today

    He projected the Fed will raise interest rates by at least another 1.5 percentage points to bring down inflation, which stood at 9.1% in June. US stocks surged Wednesday as earnings reports and economic data were better than anticipated. Stock futures trended higher early Thursday morning following a strong session of solid earnings reports and encouraging economic data.

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    Similar movements can be seen with the Two-Year yield, which is now at 3.06%. However, the spread between the 10-Year and Two-Year U.S. Treasury yields is still negative, as it currently sits at -38 basis points. Continuing Jobless Claims are currently sitting near their lowest levels since 1970. Relatively speaking, this suggests that airbnb stocks price individuals aren’t struggling to find other jobs after being laid off. Futures accounts are not protected by the Securities Investor Protection Corporation . Spreads, Straddles, and other multiple-leg option strategies can entail additional transaction costs, including multiple contract fees, which may impact any potential return.

    stock market news today

    Stocks remained shaky in morning trading on Wall Street Wednesday after a big sell-off on tech stocks a day earlier. Stocks are slumping on Wall Street, erasing a rally from a day earlier, as markets assess the looming fallout from the Federal Reserve’s stepped-up fight against inflation. For the exchanges shown, DotBig the widget lists the number of stocks that have advanced, declined, and are unchanged for the day. It also shows the number of new 52-week High and Low stocks for each of the exchanges. The Stock Market Overview page provides a snapshot of current market activity for the market you are currently viewing.

    Bed Bath & Beyond Stock Surges; Short Squeeze Strikes Again

    Both benchmarks just came off their first three-week winning stretch since April. Developments from Washington were also in focus, with the Senate yesterday passing the Inflation Reduction Act, which includes $430 billion in spending to address climate change and extend health care coverage. Our market analysts keep you updated on the latest market trends stock abnb including stock market data, news, market activity, and economic reports in the daily stock market commentary. Schwab Center for Financial Research ("SCFR") is a division of Charles Schwab & Co., Inc. The information contained herein is obtained from third-party sources and believed to be reliable, but its accuracy or completeness is not guaranteed.

    Novavax Slashes Sales Guidance In Half, Stock Plunges 30%

    Aug 8, 2022 Investors sold out of the company after it fell short with second-quarter results.

    As a result, the price is hovering around the mid-$89 per barrel range, down roughly 1.3% from the previous close. In fact, the market’s expectations for a rate in the range of 3.5% to 3.75% decreased to 28.3%, which is down from yesterday’s expectations of 33.7%. In addition, the market is now also assigning a 47.7% probability to a range of 3.25% to 3.5%. For reference, investors had assigned a 43.3% chance yesterday. Stock indices finished Thursday’s trading session mixed as Initial Jobless Claims came in higher than expected. Furthermore, oil prices have fallen below $90 per barrel as a result of lower demand for gasoline.

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    It’s also a barometer for the economy because of its convenience for parents. West Texas Intermediate crude dropped 3.2% to $91.41 per barrel. Brent crude, the international benchmark, lost 3% to fetch $97.53 a barrel.

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    Both contracts settled higher on Friday after jobs growth in the United States, the world’s top oil consumer, unexpectedly accelerated in July. On Sunday, China also surprised markets with faster-than-expected growth in exports. Meanwhile, Asian stocks were mixed Monday after strong U.S. jobs data cleared the way for more interest rate hikes and Chinese exports rose by double digits. U.S. stocks were moving higher Monday despite a fairly strong jobs report and markets finishing close to flat on Friday. U.S. stock futures are higher on Monday as investors turn their focus to key inflation data that will be released later this week. Treasury yields tick higher Wednesday as investors weigh data on the U.S. services sector, more remarks by Federal Reserve officials and await jobs… Oil prices fell after US government data showed an unexpected increase in weekly oil stockpiles, by 4.5 million barrels to 426.6 million barrels.

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