Tag: basic materials
Dow futures slip after 9th record close of 2024
U.S. stock futures slipped Monday, edging backward after megacap corporate earnings led to another round of record highs last week. What’s happening Dow Jones Industrial [Read more about this post…]
One year after East Palestine train derailment, rail safety still in spotlight
On Feb. 3, 2023, a Norfolk Southern Corp. train derailed in East Palestine, Ohio, thrusting the issue of rail safety into the national spotlight. No one [Read more about this post…]
Opinion: ‘The cautionary signals are off the charts.’ Ominous warnings point to a market correction – particularly in tech
Investors and traders take warning. The market looks vulnerable to a pullback. That’s the message from corporate insiders’ trading activity. So far this year they’re [Read more about this post…]
Red Sea disruption forces retailers to rethink back-to-school, holiday shipments
The disruption caused by Houthi attacks on cargo ships in the Red Sea is forcing U.S. retailers to rethink how back-to-school and holiday shipments are [Read more about this post…]
Expect more deals in the food sector as companies grapple with low-volume world
Investors can expect to see more deal activity in the U.S. food sector in 2024, as companies are still seeking to improve the growth profile [Read more about this post…]
Cost cutting may see profit margins rising again in 2024
After higher costs and shaky consumer demand caught up with corporate America last year, Wall Street now expects corporate profit margins to rebound through the [Read more about this post…]
U.S. stock futures edge higher, with tech set to lead again
U.S. stock futures were pointing higher on Friday, with the S&P 500 eyeing fresh highs and technology stocks seen in the driver’s seat. Consumer sentiment [Read more about this post…]
S&P 500, Dow Jones waver as tech rally fades on rate-cut uncertainty
U.S. stocks were higher on Thursday, with technology stocks trimming some of their earlier gains in afternoon trading after Atlanta Fed President Raphael Bostic urged [Read more about this post…]
Albemarle to cut jobs, capex as lithium prices have plunged
Albemarle Corp. announced Wednesday cost-cutting actions, including job cuts, in an effort to boost cash flow as a result of changing market conditions, particularly in [Read more about this post…]
Another Wall Street bank has boosted its S&P 500 target. Here’s why.
The return from a long holiday weekend is set to be a frosty one for investors, and not just that dangerous cold. Stock futures are [Read more about this post…]
