Wednesday, May 12, 2021
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National average for gasoline tops $3 a gallon amid pipeline shutdown, rush to buy in Southeast

A driver leaves BJ's station looking for gas, after a cyberattack crippled the biggest fuel pipeline in the country, run by Colonial Pipeline, in Norfolk, Virginia, May 11, 2021.Jay Paul | ReutersThe national average for a gallon of gas jumped above $3 on Wednesday for the first time since

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5 things to know before the stock market opens Wednesday

Here are the most important news, trends and analysis that investors need to start their trading day:1. Futures fall with tech sell-off set to resumeTraders on the New York Stock ExchangeSource: NYSEU.S. stock futures declined early Wednesday, led by tech shares once again. Dow Jones Industrial Average futures fell

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Stocks making the biggest moves in the premarket: Wendy’s, fuboTV, Vizio, Lemonade & more

Take a look at some of the biggest movers in the premarket:Amazon.com (AMZN) – A European Union court ruled in Amazon's favor in a $303 million tax case, scrapping an EU mandate that Amazon pay back taxes to Luxembourg. The court rejected the contention that Amazon had received an

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Stock futures are flat after Dow’s worst day since February, key inflation data on deck

U.S. stock futures were little changed in overnight trading on Tuesday after the Dow's worst day since February.Dow futures fell just 30 points. S&P 500 futures dropped 0.12% and Nasdaq 100 futures slipped 0.14%.On Tuesday, technology stocks fell but eventually recovered, spurring selling in the broader market. The Dow

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Stocks making the biggest moves after hours: fuboTV, Opendoor Technologies, Electronic Arts & more

The fuboTV logo is hung from the New York Stock Exchange on the day of its IPO in the Manhattan borough of New York City, New York, U.S., October 8, 2020.Carlo Allegri | ReutersCheck out the companies making headlines after the bell on Tuesday:Electronic Arts — The video game

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Fed’s Bullard says ‘it’s too early to talk taper’ while the pandemic continues

St. Louis Federal Reserve President James Bullard acknowledged the progress the economy has made but said Tuesday it's still not time to ease back the throttle on policy.In an interview on CNBC's "Closing Bell," the central bank official said fiscal and monetary policy help as well as aggressive vaccination

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Stocks making the biggest moves midday: Roblox, Palantir, Tesla, Virgin Galactic & more

The New York Stock Exchange welcomes executives and guests of Roblox (NYSE: RBLX), today, Wednesday, March 10, 2021, in celebration of its Direct Listing.NYSECheck out the companies making headlines in midday trading. Palantir — Shares of the secretive analytics and software firm rose 7.4% after it reported 49% revenue growth

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As the U.S. economy restarts from the pandemic, parts of it are severely broken

A worker operates a forklift to move bundles of Hampton lumber for a shipment order at Burton Lumber in Salt Lake City, Utah, on Thursday, May 6, 2021.George Frey | Bloomberg | Getty ImagesThe U.S. economy is trying to restart its engine after tumbling into its deepest recession in

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Stocks making the biggest moves in the premarket: Virgin Galactic, Callaway Golf, Palantir & more

Take a look at some of the biggest movers in the premarket:Virgin Galactic (SPCE) – Virgin Galactic shares tanked 19.9% in premarket action. The company lost 55 cents per share for its latest quarter, more than double the 27 cents a share loss that analysts were anticipating. Billionaire Richard

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Pipeline shutdown could push prices at the pump above $3 a gallon, highest since 2014

The price for gas at the Redners Quick Shoppe gas station on 222 at the intersection with 73 in Blandon, Pennsylvania, April 27, 2021.Ben Hasty | MediaNews Group | Reading Eagle via Getty ImagesGas prices could rise to their highest level since 2014 as portions of the Colonial Pipeline

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