US stock futures moved modestly higher on Tuesday evening as investors looked to build on a solid rally. Futures for the Dow Jones Industrial Average added 43 points, or about 0.1%. S&P 500 futures and Nasdaq 100 futures ticked up about 0.1% each. The move in futures came as the stock market’s recent sell-off appeared…
Tag: wall street
Citigroup shares jump 5% after Warren Buffett reveals a near $3 billion stake in the struggling bank
Berkshire Hathaway Chairman and CEO Warren Buffett. Andrew Harnick | AP The 91-year-old “Oracle of Omaha” scooped up Citi shares while they have been underperforming the rest of the financial sector in the past 12 months. The stock is down nearly 40% while the Financial Select Sector SPDR Fund is off by 12% over the…
Walmart, Home Depot, Citigroup and more
Take a look at some of the biggest movers in the premarket: Walmart (WMT) – Walmart slumped 7% in premarket trading after missing bottom-line expectations for the first quarter. The retail giant earned $1.30 per share, 18 cents a share below estimates as inflationary pressures offset the positive impact of better-than-expected sales. Home Depot (HD)…
Home affordability at 2007 bubble level but crash unlikely: Blackstone
A major Wall Street firm is drawing a striking parallel to the housing bubble. Blackstone’s Joe Zidle calls homes almost as unaffordable as the 2007 peak. Yet, he believes a crash is unlikely due to a major difference: Most owners aren’t using their homes like an ATM. “That caused so many people to go upside…
Stock futures are flat after S&P, Nasdaq start the week in the red
Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, US, May 13, 2022. Brendan Mcdermid | Reuters US stock index futures were flat during overnight trading on Monday, following a volatile session that saw the S&P 500 and Nasdaq Composite continue their march lower. Futures contracts tied to…
Recession will be longer and deeper than most people believe, says Mark Tepper
> Recession will be longer and deeper than most people believe, says Mark Tepper – YouTube新功能 .