Latest stock market news: Fed’s Powell speech pleases stock market, ADP hiring falls short, Musk vs. Cook face off, Sam Bankman-Fried speaks out.

Hanah Lopes

Federal Reserve Chair says the path ahead for inflation remains “highly uncertain.” Powell said inflation forecasts of private-sector forecasters or of Federal Open Market Committee participants broadly show a significant decline over the next year. However, forecasts have been predicting just such a decline for more than a year, while […]

Latest Stock Market News Today: Holiday shopping surge, Warren Buffett’s $750 million donation, Musk makes more Twitter changes, stock market closing early| November 25, 2022

Hanah Lopes

Philip Morris announces new regional structure to support smoke-free growth Philip Morris International Inc. $ 98.25 Symbol Price Change %Change PM $98.25 0.14 0.14 Philip Morris is reorganizing its regional structure to support growth of its smoke-free business. The owner of cigarette brands including Marlboro, L&M and Chesterfield is reducing […]

Latest Stock Market News Today: Target in trouble, FTX fallout expands, retail sales surprise. | November 16, 2022

Hanah Lopes

The collapse of cryptocurrency exchange FTX amid reports that at least $1 billion in client funds disappeared, impacting potentially around a million customers, has prompted comparisons to some of the most notorious financial scandals in recent decades, yet the magnitude of customers impacted is much larger. Target highlights shoplifting and […]

Stock Market Action Plan: Cautious Optimism

Hanah Lopes

Despite a midweek slump, the stock market upshifted in a number of ways over the past week. Defense stocks rotated out of favor, as chip equipment makers and several software groups posted the biggest gains of the week. That puts investors on cautiously optimistic footing. Meanwhile, a rising number of […]

Latest Stock Market News Today: Stocks surge as inflation eases, 10-year Treasury below 4%, Sam Bankman-Fried’s FTX in freefall. | November 10, 2022

Hanah Lopes

Symbol Price Change %Change I:DJI $33,715.37 1,201.43 3.70 CRM $155.87 13.80 9.72 HD $312.04 25.29 8.82 NKE $99.57 7.47 8.11 AMGN $291.19 1.54 0.53 MCD $276.06 -1.73 -0.62 The Dow Jones Industrial Average soared over a 1,201 points after October’s inflation data eased slightly, a sign that could suggest rising […]