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1 min read
US stocks trade mixed as bond yields climb on the Bank of Japan's surprise hawkish policy pivot
The Japanese 10-year bond yields climbed higher Tuesday, and global rates markets all moved higher …
Phil Rosen
2 mins read
US stocks continue sell-off as traders brace for more Fed rate hikes later this week
Last week, global equities saw their worst five-day stretch since June as investors anticipate anot…
Phil Rosen
2 mins read
Stocks are set to be pummeled by more volatility as companies head into a season of weak earnings, Charles Schwab says
"We believe the weakness in expected earnings growth is early in its trip to an ultimate negative d…
Jennifer Sor
2 mins read
US stocks still have more downside as the 'inflation shock ain't over,' Bank of America says
Bank of America said "new highs in yields = new lows in stocks." Yields are marching up as investor…
Carla Mozée
2 mins read
Dow, S&P 500 close at record highs as economic data points to strong reopening
Strong retail sales growth for the month of March was nearly double the expectations set by analyst…
Matthew Fox
1 min read
US stocks surge to record highs as jobless claims hit pandemic-era low and retail sales surge
Strong retail sales data and a drop in weekly jobless claims served as a signal to investors that t…
Matthew Fox
2 mins read
FedEx slips after canceling its ground-shipping deal with Amazon
Amazon has been rapidly building up its delivery business since 2015. It began hiring thousands of …
4 mins read
Recession indicators are flashing and Wall Street's fear gauge suggests stocks haven't hit bottom. Here's what you want to know.
A part of the Treasury yield curve just hit its steepest inversion since 2000 as the bond market fl…
Phil Rosen
2 mins read
A 100-year-old stock indicator just flashed a bullish signal suggesting further market upside
If the economy is thriving, transportation companies should be a leading indicator, as they are tas…
Matthew Fox
6 mins read
Google insiders have a weird reaction to executive changes, and FedEx's war with Amazon rages on
We're hosting an event focused on the future of retail in New York City on Tuesday, January 14. Fr…
Cadie Thompson
3 mins read
US stocks climb as investors await policy guidance from the Fed
Investors also mulled August retail-sales data. Spending grew by just 0.6%, missing economists' est…
Ben Winck
2 mins read
Fundstrat's Tom Lee is sticking with his bullish year-end stock market forecast even as yields soar and equities plunge amid sticky inflation
The "Fed could do far less tightening as the market is doing [the] Fed's work," Fundstrat's Tom Lee…
Matthew Fox
2 mins read
US stocks rise as COVID-19 vaccine progress offsets disappointing jobs data
Stocks climbed in regular trading, reversing premarket losses, following positive COVID-19 vaccine …
Carmen Reinicke
2 mins read
US stocks close mixed as traders weigh vaccine progress against disappointing jobs data
The Dow fluctuated between gains and losses throughout the afternoon before ending the day slightly…
Carmen Reinicke
1 min read
Cathie Wood's Ark funds bought Coinbase shares worth about $250 million on its trading debut
The Ark Innovation ETF, Ark Fintech Innovation ETF, and Ark Next Generation ETF scooped up a total …
Shalini Nagarajan
2 mins read
FedEx ending its contract with Amazon for express deliveries in the US is good news for UPS, according to analysts
UBS said ending its Domestic Express deal with Amazon could lower FedEx's earnings-per-share by $0.…
Mark Matousek
3 mins read
FedEx is officially sounding the alarm bells on Amazon after years of laughing off the retail giant's rapidly building package-delivery empire
It's not the first time FedEx has name-dropped the retailer in its annual report, but the package c…
Rachel Premack
3 mins read
FedEx has shed half its market value in the past 2 years, and Morgan Stanley says investors should brace for another 'volatile' quarter for the package giant
Coronavirus is slamming shippers across the board, particularly due to Chinese manufacturing activi…
Rachel Premack
8 mins read
Goldman Sachs' former technology chief is building 'the FedEx of money'
It's a point not lost on Uberoi: "We're listed for historical reasons, if we were private today, if…
Oscar Williams-Grut
2 mins read
Stocks are suddenly tanking
Global investors have been worried about increasing protectionism, following the Brexit vote and Pr…