Equity Markets Fall Intraday as Mega-Cap Stocks Weigh
US benchmark equity indexes were lower intraday amid declines in certain mega-cap stocks. The Nas
US benchmark equity indexes were lower intraday amid declines in certain mega-cap stocks. The Nas
GLJ Research analyst Gordon L. Johnson II upgraded Cleveland-Cliffs Inc. (NYSE:CLF) to Buy from Sell rating with a price forecast of $14.27. The analyst notes the U.S. economy is in worse shape than many acknowledge. With Donald Trump set to take office on January 20, 2025, and his pro-tariff policies likely impacting sectors like steel, the analyst foresee a potential rise in U.S. HRC prices in the near term. In particular, the analyst says that following Trump’s win (November 2016), and Joe Bi
As the market continues to improve, fleets should refocus their efforts on recruiting and retaining quality drivers. The post Hiring trends and what to expect from the driver market in 2025 appeared first on FreightWaves.
Analysis by GlobalData has identified that innovative cardiovascular devices are driving diversification in the growing market.
Carvana stock more than tripled in 2024, extending a two-year bull run that's returned 4,000% amid a turnaround effort that has pulled the online used-car retailer from the brink of bankruptcy.
Moderna led S&P 500 gainers Tuesday, a day after the first bird-flu death was reported in the U.S. The biotech company is developing a vaccine for H5N1.
WASHINGTON (Reuters) -U.S. job openings unexpectedly increased in November while hiring softened, suggesting the labor market continued to slow at a pace that probably does not require the Federal Reserve to be in a rush to cut interest rates. The Job Openings and Labor Turnover Survey, or JOLTS report, from the Labor Department on Tuesday also showed layoffs remained low and workers were reluctant to quit their jobs. There were 1.13 job openings for every unemployed person, up from 1.12 in October.
Nvidia’s (NVDA) shares tumbled Tuesday morning after rallying the previous day to close at an all-time high.
(Reuters) -European shares closed higher on Tuesday, buoyed by gains in the energy sector, while investors digested a slew of economic data that painted a mixed picture of the region's economic health. Europe's premier index closed up 0.3% at 513.08 points, a level not seen in three weeks, as traders speculated on the implications of rising inflation and looming interest rate decisions. While the consensus remains that the European Central Bank is likely to proceed with interest rate cuts in January, in the markets the rate-sensitive real estate sector dropped 0.6%.
U.S. equities were mostly lower at midday as new concerns about inflation dragged down the tech sector.