Tag Archives: News

U.S. equity futures pushed forward for another day, extending a positive start to the week as earnings season sets into high gear. Futures tied to the S&P 500 (^GSPC) rose 1.3%, while futures on the Dow Jones Industrial Average (^DJI) added 300 points, or 1%. Contracts on the technology-heavy Nasdaq Composite (^IXIC) advanced 1.6%. The moves in pre-market trading Tuesday come after all three major averages rallied in the previous session, with the S&P 500, Dow, and Nasdaq notching gains of… Source link

This post was originally published on TKer.co Stocks ended another volatile week lower with the S&P 500 declining 1.6%. The index set a closing low of 3,577.03 on Wednesday and an intraday low of 3,491.58 on Thursday. From its January 3 closing high of 4,796.56, the S&P is now down 25.2%. It is incredibly difficult to predict where the stock market is headed in the short run. And just because recent performance has been poor doesn’t necessarily mean we’re due for a quick, outsized rally…. Source link

Rupert Murdoch is reportedly considering a recombination of Fox (FOXA) and News Corp (NWSA). According to Murdoch-owned The Wall Street Journal (WSJ), the 91-year-old businessman is currently in early discussions to rejoin the two entities of his media empire, which formerly split in 2013. Disney acquired the bulk of Fox’s entertainment assets in a $71 billion deal back in 2019. The WSJ report added that special board committees have been established by both companies to study a possible deal… Source link

U.S. stock futures started the week on a downbeat Monday as Wall Street steered into third-quarter earnings season and braced for a batch of inflation reports. Futures tied to the S&P 500 (^GSPC) fell 0.3%, while futures on the Dow Jones Industrial Average (^DJI) ticked down 0.2%. The technology-heavy Nasdaq Composite (^IXIC) off by 0.4%. Meanwhile, the CBOE Volatility Index (^VIX), which measures short-term expectations for market turbulence, spiked 1.6 points to near the 33 level. Treasury… Source link

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Yahoo announced the appointment of Kat Downs Mulder, a 14-year veteran of the Washington Post, as senior VP and GM of Yahoo News, one of the biggest news and information sites in the U.S. At the Washington Post, Downs Mulder most recently served as chief product officer and managing editor of the publication, which is now owned by Amazon founder Jeff Bezos. Downs Mulder as GM of Yahoo News will oversee global products, editorial and strategy for the content vertical,… Source link

NEW YORK–(BUSINESS WIRE)–Yahoo today announced the appointment of Kat Downs Mulder to SVP & General Manager of Yahoo News, the #1 news and information site in the US. As GM of this newly consolidated business, Downs Mulder will oversee global products, editorial and strategy for a unified Yahoo News, including the Yahoo homepage, news, entertainment and lifestyle content. She will report to President of Home Ecosystem, Matt Sanchez. “Kat is recognized for innovating in one of… Source link

Kat Downs Mulder, formerly chief product officer and managing editor of the Washington Post, is joining Yahoo News as senior vice president and general manager, Axios has learned. Why it matters: Downs Mulder is the third longtime C-suite executive to leave the Post this year. Last month, the Washington Post’s longtime tech and data chief Shailesh Prakash said he is leaving the company for a new executive role at Google. In July, CNN announced it hired Kristine Coratti Kelly, the Post’s former… Source link

  U.S. equity futures zigzagged Monday morning after the S&P 500 and Nasdaq Composite closed out their first three-quarter losing streak since the 2008 Global Financial Crisis and the Dow its first such time since 2015. Futures tied to the benchmark S&P 500 index nudged up 0.2%, while Dow Jones Industrial futures jumped 100 points, or around 0.4%. Meanwhile, contracts on the technology-heavy Nasdaq Composite slipped by about 0.2%. Sizeable moves in energy markets kicked off the week, with oil… Source link

U.S. stock futures sank Monday morning, with equities poised for more turbulence at open as fears of excessive Fed tightening and a wild run in currency markets rattle investors. Futures tied to the S&P 500 tumbled 0.6%, while Dow Jones Industrial futures shed 200 points, or 0.7%. Contracts on the tech-heavy Nasdaq were off by 0.4%. Meanwhile, the CBOE Volatility Index (^VIX), which measures Wall Street’s expectations for short-term market volatility, spiked above 32, its highest level… Source link