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Wall Street


Stock futures fell in overnight trading on Wednesday as investors evaluate the pace of economic recovery and the coronavirus developments. Futures on the Dow Jones Industrial Average fell 315 points, implying a Thursday opening drop of around 329 points. S&P 500 and the Nasdaq 100 futures also pointed to losses at the Thursday open for the two …

View of New York Stock Exchange, Wall Street on March 23, 2020 in New York City. Angela Weiss | AFP | Getty Images This is a live blog. Please check back for updates. 9:57 am: Here are Friday’s biggest analyst calls of the day: Lululemon, Bloomin’ Brands, Slack & more Raymond James raised its price …

PNC Financial’s Amanda Agati is on alert.  With the major indexes on the cusp of their second positive month in a row, the firm’s chief investment strategist believes stocks are getting too expensive, and the historic rebound may soon hit a breaking point. “The market is getting pretty far ahead of itself,” she told CNBC’s …

Florida overtook California on Thursday as the U.S. state with the most weekly unemployment claims as Tallahassee began to process in earnest its sizable backlog of filings. Florida, which reported 432,465 jobless claims for the week ended April 25, topped California’s 328,042, marking the first time since the week ended March 21 that the Golden State didn’t …

NEW YORK (AP) — Stocks are closing out a tumultuous week with broad gains, led by familar names in technology including Apple. The S&P 500 rose 1.4% Friday, but still ended the week lower, breaking a two-week winning streak. Stocks meandered between gains and losses for much of the morning then rose steadily in the …

Something that’s never happened in the oil market is happening today: negative prices on an oil contract. While many people may see this and think the overall price of oil is negative, there’s nuance. The short answer is that no, not all oil is free. The picture in the market is not as bleak as …

Austan Goolsbee, professor at the University of Chicago Booth School and former chairman of the White House’s Council of Economic Advisors, Michael Strain, director of economic policy studies at the American Enterprise Institute, and David Bailin, chief investment officer at Citi Private Bank, joins “Squawk Box” to discuss the latest weekly jobless claims amid the …

Stock futures moved lower in overnight trading, pointing to losses at the open on Thursday. The move pointed to a loss of 50 points, or 0.2%, for the Dow, with the S&P 500 and Nasdaq-100 slated to open 0.3% and 0.6% lower, respectively.  Stocks surged on Wednesday, with the major averages spending the entire session …

Stock futures pointed to a Tuesday opening jump in early morning trade, building on a steep rebound in the previous session. At around 5 a.m. ET, futures for the Dow Jones Industrial Average jumped 639 points, pointing to a gain of more than 569 points at Tuesday’s open. S&P 500 futures and Nasdaq futures also …

For years, there was an allergy inside Goldman Sachs to owning a private corporate jet. Top bankers had access to rides on planes shared with others, but didn’t want to erode their less-than-stellar image on Main Street with the unnecessary extravagance of having their own. Until David Solomon took over. The bank ordered a pair …