Stock market today: Dow, S&P 500, Nasdaq bounce back from Fed-fueled rout
Stocks are looking to bounce back from their worst day since the summer.
Stocks are looking to bounce back from their worst day since the summer.
(Bloomberg) -- Bank of England Governor Andrew Bailey said market bets putting its next interest-rate decision on a knife-edge are a “reasonable starting point.”Most Read from BloombergNYPD Car Chases Are Becoming More Frequent — and More DangerousNew York City’s Historic Preservation Movement Is Having a Midlife CrisisDakar’s Air Quality Plummets as Saharan Dust Descends on SenegalIn an interview following the BOE’s decision to hold rates at 4.75% on Thursday, Bailey said that the “world is too
ConAgra Brands, Inc. (NYSE:CAG) shares are trading slightly lower in the morning session on Thursday. The company reported second-quarter adjusted earnings per share of 70 cents, beating the analyst consensus estimate of 67 cents. Quarterly sales of $3.195 billion, beating the street view of $3.149 billion. The results show a 0.4% decrease in net sales, with organic net sales up by 0.3%. The 0.3% increase in organic net sales was driven by a 0.1% negative impact from price/mix and a 0.4% increas
Micron downgraded, Block upgraded: Wall Street's top analyst calls
(Bloomberg) -- Bond-market veteran Bob Michele says there’s one scenario investors aren’t fully prepared for in 2025: the calmest Treasury market in nearly a decade.Most Read from BloombergNYPD Car Chases Are Becoming More Frequent — and More DangerousNew York City’s Historic Preservation Movement Is Having a Midlife CrisisDakar’s Air Quality Plummets as Saharan Dust Descends on SenegalJPMorgan Asset Management’s chief investment officer for global fixed income, currencies and commodities sees a
Post-election profit taking and the Fed’s “dot plot” weighed on the stock market benchmark.
Darden Restaurants, Inc. (NYSE:DRI) shares are trading higher in the premarket session on Thursday. The company reported that the second quarter adjusted earnings per share was $2.03, beating the street view of $2.02. Quarterly sales of $2.89 billion missed the analyst consensus estimate of $2.899 billion. Total sales increased 6%, driven by a blended same-restaurant sales increase of 2.4% and sales from the addition of 103 Chuy’s restaurants and 39 net new restaurants. Olive Garden same-restaur
In the Coinbase vs. Robinhood debate, Dan Dolev said it's Robinhood all the way. Here's why.
Here’s what could be next for Microsoft stock.
Nike, Inc (NYSE:NKE) will release earnings for its second quarter, after the closing bell on Thursday, Dec. 19. Analysts expect the Beaverton, Oregon-based company to report quarterly earnings at 63 cents per share, down from $1.03 per share in the year-ago period. Nike projects to report quarterly revenue of $12.11 billion, compared to $13.39 billion a year earlier, according to data from Benzinga Pro. With the recent buzz around Nike ahead of quarterly earnings, some investors are eyeing poten