The S&P 500 is more than 18% from its all-time high, putting it within striking distance of an official bear market.
Schlagwort-Archiv: CNBC
Federal Reserve Chair Jerome Powell confirmed by Senate for a second term
The Senate on Thursday voted to give Powell a second four-year run at the central bank’s helm.
Goldman ‘deal guy’ behind Apple, GM cards leaves for fintech start-up iCreditWorks
Young is the latest in a string of exits from Goldman’s consumer business.
Stocks making the biggest moves premarket: Ford, General Motors, Tapestry and more
These are the stocks posting the largest moves before the bell.
The world’s biggest stablecoin has dropped below its $1 peg
Tether sank to as low as 95 cents on some crypto exchanges Thursday morning.
More than $200 billion erased from entire crypto market in a day as sell-off intensifies
The price of bitcoin plunged below $26,000 Thursday, hitting its lowest level in 16 months.
Disney shares slip after earnings report, as Covid closures take a toll on parks in Asia
Disney reported stronger-than-expected growth in streaming subscribers across all of its media platforms, but its shares fell after hours.
Nasdaq loses more than 1% on Thursday as the relentless sell-off continues on Wall Street
Stocks traded lower Thursday morning after the latest CPI data showed inflation is still running hot.
Rivian stock jumps as the EV automaker says demand remains high and production is on track
Electric vehicle maker Rivian Automotive on Wednesday maintained its 2022 production target, saying it’s still on track to build 25,000 vehicles this year.
Beyond Meat shares tumble after jerky launch leads to wider-than-expected loss
Beyond Meat reported a wider-than-expected loss for its first quarter as it offered steeper discounts and cheaper prices to international consumers.