Latest Financial markets News
Stock market today: Wall Street inches higher toward edge of bull market
NEW YORK (AP) — U.S. stocks drifted higher Tuesday amid a vacuum of market-moving data, nudging Wall Street closer to the edge of what's called a bull market. The S&P 500 rose 10.06 points, or 0.2%, to 4,283.85. It's just 0.2% away from finishing a day 20% above where it was in...
How major US stock indexes fared Tuesday 6/6/2023
Stocks drifted on Wall Street amid a vacuum of market-moving data. The S&P 500 rose 0.2% Tuesday. The Dow Jones Industrial Average closed up 10 points while the Nasdaq added 0.4%. Banks were some of the bigger gainers, recovering from their struggles earlier this year after high...
Stitch Fix: Fiscal Q3 Earnings Snapshot
SAN FRANCISCO (AP) — SAN FRANCISCO (AP) — Stitch Fix Inc. (SFIX) on Tuesday reported a loss of $21.8 million in its fiscal third quarter. On a per-share basis, the San Francisco-based company said it had a loss of 19 cents. Losses, adjusted for restructuring costs, came to 17...
Cracker Barrel: Fiscal Q3 Earnings Snapshot
LEBANON, Tenn. (AP) — LEBANON, Tenn. (AP) — Cracker Barrel Old Country Store Inc. (CBRL) on Tuesday reported fiscal third-quarter net income of $14 million. On a per-share basis, the Lebanon, Tennessee-based company said it had profit of 63 cents. Earnings, adjusted for...
Smucker: Fiscal Q4 Earnings Snapshot
ORRVILLE, Ohio (AP) — ORRVILLE, Ohio (AP) — J.M. Smucker Co. (SJM) on Tuesday reported a loss of $600.7 million in its fiscal fourth quarter. On a per-share basis, the Orrville, Ohio-based company said it had a loss of $5.70. Earnings, adjusted for non-recurring costs, came to...
Ciena: Fiscal Q2 Earnings Snapshot
HANOVER, Md. (AP) — HANOVER, Md. (AP) — Ciena Corp. (CIEN) on Tuesday reported fiscal second-quarter profit of $57.7 million. On a per-share basis, the Hanover, Maryland-based company said it had profit of 38 cents. Earnings, adjusted for stock option expense and non-recurring...
Stock market today: Asian stocks rise after Wall St retreats on concern economy weakening
BEIJING (AP) — Asian stock markets rose Tuesday after Wall Street fell on concern the U.S. economy may be weakening following a report that showed growth in service industries slowing. Shanghai, Tokyo and Hong Kong rose. Sydney retreated. Oil prices declined. Wall...
California insurance market rattled by withdrawal of major companies
LOS ANGELES (AP) — Two insurance industry giants have pulled back from California's home insurance marketplace, saying that increasing wildfire risk and soaring construction costs have prompted them to stop writing new policies in the nation's most populous state. State Farm...
How major US stock indexes fared Monday 6/5/2023
U.S. stocks drifted lower to start what could be a quiet stretch following several weeks of gains. The S&P 500 fell 0.2% Monday. The Dow Jones Industrial Average lost 199 points, while the Nasdaq composite fell 0.1%. Treasury yields fell after a report said U.S. services...
Stock market today: Asian stocks follow Wall St up after strong US jobs report
BEIJING (AP) — Asian stocks followed Wall Street higher on Monday after strong U.S. hiring data coupled with scant wage gains suggested a possible recession might be further away, but also that inflationary pressures are weakening. Tokyo's benchmark gained almost 2%. Shanghai, Hong...
