Stock futures tick up slightly on Wednesday after the two-day market rally ends

Traders work on the floor of the New York Stock Exchange (NYSE) on September 29, 2022 in New York City. Spencer Platt | Getty Images US stock futures were slightly higher Wednesday evening after falling in the regular trading session and breaking a massive two-day rally. Dow Jones Industrial Average futures rose by 37 points, … Read more

Tesla, Enphase Energy, Exxon Mobil and more

A Tesla service and sales center is shown in Vista, California, June 3, 2022. Mike Blake | Reuters Check out the companies making headlines in midday trading Wednesday. Tesla, Twitter — Shares of Tesla fell 3.5% after a Tuesday filing confirmed that CEO Elon Musk agreed to buy Twitter for $54.20 per share, the original … Read more

ADP jobs report September 2022:

The US labor market showed strength in September, with private companies adding more jobs than expected, payroll services firm ADP reported Wednesday. Businesses added 208,000 for the month, better than the 200,000 Dow Jones estimate and ahead of the upwardly revised 185,000 in August. Those gains came even as goods-producing industries reported a loss of … Read more

Asia markets trade higher after US stocks rally for a second day

A man walks past the Tokyo Stock Exchange (TSE), operated by Japan Exchange Group Inc. (JPX), in Tokyo, Japan, on Monday, Nov. 30, 2020. Toru Hanai | Bloomberg via Getty Images Shares in the Asia-Pacific traded higher on Wednesday after US stocks rallied for a second day. Hong Kong’s Hang Seng index jumped 4.4% before … Read more

‘The Fed is breaking things’ – Here’s what has Wall Street on edge as risks rise around the world

Jerome Powell, chairman of the US Federal Reserve, during a Fed Listens event in Washington, DC, US, on Friday, Sept. 23, 2022. Al Drago | Bloomberg | Getty Images As the Federal Reserve ramps up efforts to tame inflation, sending the dollar surging and bonds and stocks into a tailspin, concern is rising that the … Read more

Asian stocks mixed after Wall Street slump; China PMI beats estimates

Factory activity in China expected to contract again China’s official manufacturing Purchasing Managers’ Index for September is expected to come in below the 50-point mark separating growth from contraction, according to a Reuters poll of analysts. Economists expect a figure of 49.6, slightly higher than August’s 49.4, which would mark the third consecutive month of … Read more

European markets rebound after BoE steps in to calm markets

CNBC Pro: Analyst says this FAANG stock is an evergreen winner — and investors should buy the dip Tech stocks have had a difficult year so far, but a Rosenblatt Securities analyst thinks the sell-off is an opportunity for long-term investors to buy the dip. “Stay away from the losers,” he said, recommending “winners in … Read more

Asia markets rise, Hang Seng index up 2% after Wall Street rebound

EV maker Leapmotor’s shares plunge in Hong Kong debut Chinese electric vehicle maker Leapmotor’s shares tumbled more than 32% from its offer price of 48 Hong Kong dollars ($6.29) per share on its first day of trade in the city. Onewo, a subsidiary of property developer China Vanke, also started trading in Hong Kong. It … Read more

Stock futures inch lower after Wednesday’s big market rally

Stock futures inched lower in overnight trading Wednesday after the Dow Jones Industrial Average staged a comeback off its lowest level for the year. Futures tied to the Dow Jones slipped 49 points, or 0.16%, while S&P 500 and Nasdaq 100 futures shed 0.19% and 0.26%, respectively. The overnight moves came following a broad rally … Read more

Dow rebounds 300 points from 2022 low as yields retreat, British pound stabilizes

Stocks rebounded Wednesday off the new bear market low as US Treasury yields retreated from multi-year highs, and the British pound stabilized after the Bank of England announced a bond-buying plan. The Dow Jones Industrial Average gained 213 points, or about 0.74%. The S&P 500 jumped 0.78%, one day after the index broke below the … Read more