US stocks opened sharply lower on Thursday following the release of closelywatched inflation data, while Wall Street was headed for its worst first half of the year in more than 50 years. How are stock-index futures trading? The S&P 500 dropped 72 points, or 1.9%, to 3,746. Dow Jones Industrial Average fell 509 points, or…
Read More “Dow down more than 500 points as brutal first half comes to close” »
The Dow Jones Industrial Average won’t be trading on Monday when the new Juneteenth federal holiday is observed, because the stock market will be closed, and so will many of the Dow’s components. That’s a relatively quick turnaround for the New York Stock Exchange and Nasdaq exchange to close for Juneteenth, just one year after…
Read More “Here’s how some Dow industrials companies are observing the Juneteenth holiday” »
The Value Gap is a MarketWatch Q&A series with business leaders, academics, policymakers and activists on reducing racial and social inequalities. While slavery in the US was abolished more than 150 years ago, organizations that profited from it still operate today – and it’s in their best interest to fully atone for the past, says…
Read More “How can companies atone for slavery ties? Financial giant sets an example: expert” »
US companies are warning of earnings misses at a historically high rate and there are signs that the pace could accelerate, but Wall Street analysts don’t seem to be listening too closely, yet. The downbeat outlooks for the current quarter, as inflation and continued supply-chain challenges lead to slowing demand, muddied what has been a…
Read More “Profit warnings kicked into high gear, and there’s still no slowdown in sight” »
An earlier version of this article misstated the standing of Wednesday’s stock gain compared with other historical gains. It has been updated. Salesforce Inc. shares were on track for their best day in nearly two years Wednesday, after Wall Street analysts described the software company’s earnings as “better than feared,” and cheered an outlook that…
