Market Insider

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 The Federal Reserve is likely to indicate it’s not in a hurry to do anything to change its neutral stand on interest rates, following its meeting Wednesday. But
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Bill Ackman, founder and CEO of Pershing Square Capital Management. Adam Jeffery | CNBC Check out the companies making headlines after the bell: Shares of Stitch Fix spiked nearly 13% during extended trading after the online styling service posted first-quarter earnings that topped analyst expectations. Stitch Fix reported an earnings per share of $0 on
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Check out the companies making headlines before the bell: Nike (NKE) – The athletic footwear and apparel maker was upgraded to “buy” from “neutral” at Goldman Sachs and added to the firm’s “Conviction Buy” list. Goldman believes Nike is on the verge of a sharp acceleration in earnings growth, with China being a key driver.
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Job growth should appear strong in November as striking GM workers returned to the workforce. Economists surveyed by Dow Jones expected 187,000 jobs were added in November, and Refinitiv’s consensus forecast was 180,000. Wages are expected to rise by 0.3% in the month, and unemployment is expected to remain at 3.6%. The government’s monthly employment
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An employee walks past a quilt displaying Etsy Inc. signage at the company’s headquarters in the Brooklyn. Victor J. Blue/Bloomberg via Getty Images Check out the companies making headlines in midday trading: Etsy — Shares of e-commerce company Etsy fell 1.4% after Morgan Stanley downgraded the e-commerce website company to underweight from ‘equal weight. The
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OPEC’s meetings appear to be in disarray even before they begin this week, but analysts see a growing chance the fractured group may ultimately agree to deeper production cuts. Members of the Organization of the Petroleum Exporting Countries meet Thursday in Vienna, and they will be joined by Russia and other non OPEC producers Friday. That
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George Frey | Bloomberg | Getty Images Check out the companies making headlines in midday trading. Caterpillar, Apple, 3M — Trade sensitive stocks fell on Tuesday after President Donald Trump suggested he may want to delay a trade deal with China until after the 2020 presidential election. Trump later said Tuesday’s market drop is “peanuts” and
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Rob Bernshteyn, CEO, Coupa Software Scott Mlyn | CNBC Check out the companies making headlines after the bell Shares of Coupa Software slipped more than 2% during extended trading after the cloud services company reported third-quarter earnings. Coupa posted earnings of 20 cents per share on revenue of $101.8 million in the third quarter. The
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