Morgan Stanley CEO says he was wrong on return-to-office push: ‚Everybody’s still finding their way‘
In June, Gorman told conference attendees that he would be „very disappointed“ if his workers hadn’t returned to Morgan Stanley buildings by Labor Day.
Dogecoin spikes over 20% after Elon Musk says Tesla will accept it as payment for merch
Dogecoin skyrocketed more than 20% Tuesday morning after Elon Musk said Tesla would accept it as payment for some merchandise.
IMF warns Bank of England against inflation inaction ahead of key vote
The International Monetary Fund has urged the Bank of England to avoid „inaction bias“ as it gears up for a key vote Thursday on when to hike interest rates in the face of high inflation.
Bored Ape NFT reportedly sells for $3,000 instead of $300,000 due to ‚fat-finger‘ mistake
A non-fungible token trader reportedly sold a highly sought-after NFT for $3,000 rather than $300,000 due to a „fat-finger“ error.
Hit your retirement savings goal? It may be wise to unload some stocks
Investors who’ve saved an adequate amount of money for retirement may be wise to reduce their market risk — but only up to a point.
Stocks making the biggest moves premarket: GameStop, AMC, Beyond Meat and others
These are the stocks posting the largest moves before the bell.
US November NFIB small business optimism index 98.4 vs 98.2 prior
Prior 98.2
The headline reading belies some of the pessimistic details in the report. The uncertainty index slipped a further 4 points to 63 last month while expectations fell by 1 point to -38. The latter ties a 48-year record low reading.
Of note, small businesses are said to be downbeat
EUR/USD buyers seize back near-term control but upside may prove to be limited
That’s a modest turnaround on the session as buyers push back above 1.1300. Of note, they have also breached the key hourly moving averages @ 1.1296-00. That sees the near-term bias shift back in favour of buyers for now.
The chart above may seem like buyers are making a play but there are stil
US futures turn negative as early optimism fades
Meanwhile, Nasdaq futures are the laggard being down 0.7% on the session.The mood today has some similarities to trading sentiment yesterday, where stocks fell late on. As mentioned earlier in the day, the key focus this week is still on the Fed and other major central bank meetings.Until we get to