Stock Market

Strategists say there’s still a chance for a phase one trade deal between the U.S. and China, even as the stock market sold off on skepticism the two nations could come together. The bond market had already been reflecting sinking prospects for a deal as yields fell in recent sessions. The Dow Jones Industrial Average

Shoppers cram into a Macy’s store ahead of the holidays. Charles Sykes | AP Check out the companies making headlines in midday trading. Home Depot — Shares of the home improvement retailer fell 5% after after the company once again cut its 2019 forecast and reported same-store sales growth of 3.6%, well below the expected growth

Traders work at the Coty booth on the floor of the New York Stock Exchange. Jin Lee | Bloomberg | Getty Images Check out the companies making headlines midday Monday: Coty — Shares of the cosmetic company jumped more than 1% after Coty announced it is taking a 51% stake in Kylie Cosmetics, Kylie Jenner’s

The analyst who uncovered Carl Icahn’s recent purchase of HP and Warren Buffett’s backing of Occidental Petroleum now says a big investor may be sniffing around Netflix. Don Bilson, head of event-driven research at Gordon Haskett, said it looks like Nomura Holdings picked up 1.89 million Netflix shares in the third quarter and may have

Restoration Hardware signage is displayed on a monitor of the floor of the New York Stock Exchange in New York, Feb. 24, 2017. Michael Nagle | Bloomberg | Getty Images Check out the companies making headlines in midday trading: Nike — Shares of the athletic retailer gained more than 2% after the company raised its dividend

Traders work on the floor at the New York Stock Exchange. Brendan McDermid | Reuters Stocks bounced on trade headlines on Friday, but the market could stall out in the week ahead if there is no real progress towards a deal. Stocks ended the week at record highs, but Treasury yields unwound half the big

Pedestrians carry Bloomingdale’s shopping bags while walking in New York. Craig Warga | Bloomberg | Getty Images Consumers are likely to have increased their spending in October, after a surprising pullback in September. The government’s October retail sales report, due at 8:30 a.m. ET Friday, is one of the most important data releases of the

A quick reversal in the bond market shows how easily investors can be spooked by doubts about a trade deal, and what it might mean if one does not materialize. Optimism for a phase one trade deal had helped drive yields higher, with the 10-year yield gaining more than 20 basis points last week to

Tom Werner | DigitalVision | Getty Images Consumer inflation is expected to have risen slightly in October over September, but Fed officials are unlikely to see higher prices as a threat for some time to come. Fed Chairman Jerome Powell made that clear when he discussed inflation following the Fed’s last meeting Oct. 30. At

The initial public offering of Saudi Arabia’s big oil company could be priced right in the middle of what could be a volatile period for oil. Saudi Aramco intends to price its IPO on Dec. 5, the same day OPEC begins its regular two-day meeting in Vienna. The Aramco stock, equal to 0.5% of the

Check out the companies making headlines before the bell: Walt Disney (DIS) – Disney reported quarterly earnings of $1.07 per share, 12 cents a share above estimates. Revenue also beat forecasts, boosted by a 52% increase in studio entertainment revenue amid a strong movie box office performance. Booking Holdings (BKNG) – Booking Holdings earned $45.36

TORONTO, ONTARIO, CANADA – 2015/05/13: Red Disney signage inside a shopping mall, placed near the ceiling, close to light tracks. (Photo by Roberto Machado Noa/LightRocket via Getty Images) Roberto Machado Noa | LightRocket | Getty Images Check out the companies making headlines in midday trading: Walt Disney — Disney shares rallied 3.7% in midday trading after it

President Donald Trump holds a campaign rally in Dallas, October 17, 2019. Jonathan Ernst | Reuters Progress in trade talks and a steady, but accomodative Fed policy have eased the way for the stock market’s rally to new highs, and both will be in the forefront when President Donald Trump and Jerome Powell speak at

Getty Images The bond market has officially switched off its recession alarm and is pointing to the potential for stronger growth. Since the summer, when fear of a global economic meltdown gripped the bond market, conditions in the Treasury market and economy have changed. So has the outlook for U.S.-China trade talks, and as a

President Donald Trump and China’s President Xi Jinping chat as they walk along the front patio of the Mar-a-Lago estate after a bilateral meeting in Palm Beach, Florida, U.S., April 7, 2017. Carlos Barria | Reuters Ever since President Donald Trump said he and President Xi Jinping would meet to sign a trade deal, Wall

As a possible trade deal gets closer, investors are less fearful of a recession and interest rates are in a new trend higher. Bond yields have moved dramatically back and forth since last week’s Fed meeting, but they have moved higher most recently on reports that the U.S. and China are close to a phase

The Under Armour logo is displayed at T & B Sports in San Rafael, California. Getty Images Check out the companies making headlines midday Monday: Under Armour — Under Armour shares cratered more than 15% after the apparel maker disclosed a federal probe into its accounting practices. The investigation has been ongoing since July 2017.

Chipotle restaurant workers fill orders for customers in Miami. Getty Images The stronger-than-expected October jobs report and big revisions to prior months shows that the labor market is resilient and that should encourage the Fed to stay on the sidelines. The economy added 128,000 jobs in October, despite the negative impact of 42,000 striking General

An Exxon Mobil station in Cincinnati, Ohio. Luke Sharrett | Bloomberg | Getty Images Check out the companies making headlines in midday trading: Exxon Mobil — Shares of Exxon Mobil climbed more than 2.5% despite the international petroleum giant reporting earnings down 49% in the third quarter. Investors appeared reassured by CEO Darren Woods’s comments

Traders and financial professionals work on the floor of the New York Stock Exchange (NYSE) at the opening bell on August 19, 2019 in New York City. Drew Angerer | Getty Images As November unfolds, stocks should continue to make gains in one of the best months of the year for the market, and it’s

Metal worker Andy Mattingly operates a siphoning crucible in the pot room at Century Aluminum Company in Hawesville, Kentucky, May 14, 2019. Bryan Woolston | Reuters An update on manufacturing activity Friday could provide a much more useful picture of the economy than the October employment report, which is expected to be unusually weak due

Federal Reserve Chairman Jerome Powell holds a news conference following a closed two-day Federal Open Market Committee meeting in Washington, September 18, 2019. Sarah Silbiger | Reuters Stocks were slightly lower and bond yields were near lows of the day after the Fed signaled a pause when it said it would move to “assess” its

An oil well owned and operated by Apache Corp. in the Permian Basin of Garden City, Texas. Spencer Platt | Getty Images Third-quarter growth is expected to come in at a weakish 1.6%, with the biggest hits to come from slowing business investment. The first reading on real GDP for the third quarter is expected

Traders work on the floor of the New York Stock Exchange. Spencer Platt | Getty Images The S&P 500 broke through its previous highs Monday, just as the historically best time of year for stocks got underway. That should give the market fuel for a positive market move into the end of the year, with

An attendee wears a Genius VR headset at the Intel booth during CES 2019 consumer electronics show, January 10, 2019 at the Las Vegas Convention Center in Las Vegas, Nevada. Robyn Beck | AFP | Getty Images Check out the companies making headlines in midday trading. Intel— Shares of Intel surged more than 7% after

Traders work after the closing bell at the New York Stock Exchange (NYSE) on August 12, 2019 at Wall Street in New York City. Johannes Eisele | AFP | Getty Images Stock prices are bumping up against their highs, but whether they can burst through and hold gains may, for the near term, depend on

United Auto Workers members on strike picket outside General Motors’ Detroit-Hamtramck Assembly plant on Sept. 25, 2019 in Detroit. Michael Wayland / CNBC October’s employment report is expected to show job growth of just 90,000 workers, due to the impact of the strike at General Motors on the company’s payroll and those of its suppliers.

Markets are braced for the Fed to cut rates by a quarter point next week, but some economists say a few of the reasons the Fed gave for making the cuts may be less pressing now. Some see the Fed pausing after the Oct. 30 cut. Goldman Sachs economists, in fact, expects the Fed to

A metal worker operates a crane in a pot room at Century Aluminum Company in Hawesville, Kentucky, May 14, 2019. Bryan Woolston | Reuters Thursday’s economic calendar contains several reports that could shed more light on how much the manufacturing sector is slowing down, and whether its weakness will spill over onto the services sector

A multiple sclerosis drug is manufactured at the Biogen Idec plant in Cambridge, Mass. Essdras M Suarez | The Boston Globe | Getty Images Check out the companies making headlines in midday trading. Biogen — Shares of Biogen soared 30% after the drug maker said it is seeking regulatory approval for its Alzheimer’s drug, aducanumab, months