Tag Archives: Weekly

Stocks end Friday with modest gains and weekly losses

Stocks end Friday with modest gains and weekly losses

U.S. stocks advanced Friday after a shaky trading week marked by mixed retail earnings and a chorus of hawkish Fedspeak. The S&P 500 (^GSPC) rose 0.5%, while the Dow Jones Industrial Average (^DJI) bounced 200 points, or 0.6%. The technology-heavy Nasdaq Composite (^IXIC) was flat. Treasury yields continued their ascent, with the benchmark 10-year note back above 3.8% and the rate-sensitive 2-year yield inching toward 4.5%. An assembly of Fed officials on Thursday pushed back against… Source link

Read More »

Stocks pace towards a weekly gain

Stocks pace towards a weekly gain

U.S. stocks rallied Friday as investors parsed through a medley of corporate financial results and considered the possibility Federal Reserve officials may stop raising rates sooner than anticipated. In remarks at a meeting Friday, San Francisco Federal Reserve President Mary Daly said the U.S. central bank should avoid tipping the economy into an “unforced downturn” and that it was time to consider easing the pace of hikes. The S&P 500 (^GSPC) bounced 1.8%, while the Dow Jones Industrial… Source link

Read More »

Elon Musk is receiving weekly reports detailing how many Tesla employees are staying away from the office

Elon Musk is receiving weekly reports detailing how many Tesla employees are staying away from the office

Elon Musk has expressed his dislike for remote work in the past.Maja Hitij/Getty Images Elon Musk and other Tesla executives receive weekly reports on employees’ office attendance. Tesla employees told CNBC that the reports were based on data from workers scanning badges at facilities. Employees have also complained that Tesla facilities are not able to properly accommodate office work. Elon Musk and other senior executives at Tesla are receiving weekly reports monitoring employees’ office… Source link

Read More »

How cognitive bias can aid in you losing your weekly matchups

How cognitive bias can aid in you losing your weekly matchups

I’m beyond excited to bring my unique blend of neuroscience and fantasy football love to Yahoo Sports this season. I earned my Ph.D. in Neuroscience and am currently a professor in the Brain and Cognitive Science Department at the University of Rochester. Living in Rochester does make me a Buffalo Bills fan, though I’m not quite as rabid as most of my family since I’ve always put fantasy before fandom. I’ve been playing fantasy football since 2006 and I’ve been an avid NFL and NBA… Source link

Read More »

Futures rise as indexes head for weekly gains

Futures rise as indexes head for weekly gains

US stocks rose Friday morning, with the S&P 500 on track to end a three-week losing streak as investors digested the Federal Reserve officials’ latest affirmations that they remained committed to bringing down inflation. Contracts on the S&P 500 rose by about 0.8% in early trading, setting the index up for a back-to-back day of gains and its first weekly advance since late May. Dow futures rose by more than 200 points, or 0.7%, while Nasdaq futures increased by nearly 1% ahead of the opening… Source link

Read More »

Stocks rise but still head for longest weekly losing streak since 2001

Stocks rise but still head for longest weekly losing streak since 2001

U.S. stocks rose on Friday, though the major indexes still headed for steep weekly losses as concerns over the resilience of corporate profits in the face of inflation resurged this week. The S&P 500 advanced by about 0.8% just after the opening bell, following equities in Asia and Europe higher after China’s central bank unexpectedly cut a benchmark interest rate to offer some relief to borrowers in the country still grappling with a widespread COVID-19 outbreak. The Dow rose by more than 150… Source link

Read More »

Stock futures rise as indexes aim to pare weekly losses

Stock futures rise as indexes aim to pare weekly losses

U.S. stock futures gained Friday morning, though the major indexes are still headed for losses for the week after concerns over persistent inflation and the resilience of the U.S. economy stirred up further volatility in recent sessions. Contracts on the S&P 500 and Nasdaq rose more than 1%, and Dow futures added more than 200 points during the pre-market sessions. The sharp move higher came after Federal Reserve Chair Jerome Powell reaffirmed in an interview with Marketplace public radio on… Source link

Read More »

Weekly claims rise to 202,000

Initial unemployment claims rose modestly after reaching a 50-year low as employers continue to show reluctance in reducing their workforces in the current competitive labor market. The Labor Department released its latest weekly jobless claims report Thursday at 8:30 a.m. ET. Here were the main metrics from the print, compared to consensus estimates compiled by Bloomberg: Initial jobless claims, week ended March 26: 202,000 vs. 196,000 expected and a revised 188,000 during prior… Source link

Read More »

Google is now requiring office workers to get weekly molecular COVID-19 tests

Google will require anyone going to one of its US offices or facilities to have received a negative molecular test for COVID-19, the company informed employees Thursday in a memo obtained by CNBC. Workers going to the office regularly will have to get tested weekly, chief health officer Karen DeSalvo said in the memo, and employees have been asked to report their vaccination status and wear surgical-grade masks indoors. Google spokesperson Lora Lee Erickson confirmed to The Verge that a… Source link

Read More »

Google mandates weekly COVID-19 tests for people entering U.S. offices – CNBC

A sign is pictured outside a Google office near the company’s headquarters in Mountain View, California, U.S., May 8, 2019. REUTERS/Paresh Dave//File Photo Register now for FREE unlimited access to Reuters.com Register Jan 14 (Reuters) – Alphabet Inc’s (GOOGL.O) Google is temporarily mandating weekly COVID-19 tests for any person entering Google offices or facilities in the United States, CNBC reported on Friday, citing a memo obtained by the news channel. Anyone who comes into a Google’s U.S…. Source link

Read More »