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Stock futures were flat in overnight trading Tuesday after the major averages made a failed attempt at a bounce.Futures tied to the Dow Jones Industrial Average edge 0.13% or 39 points, while the S&P 500 and the Nasdaq Composite rose 0.13% and 0.17%, respectively.Pinterest shares jumped more than 4%
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China's exports surged by 16.9% in May from a year ago, two times faster than analysts expected. Pictured here on June 15, 2022, are workers in Jiangsu province making stuffed toy bears for export.Si Wei | Visual China Group | Getty ImagesBEIJING — Chinese businesses ranging from services to
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Check out the companies making headlines in midday trading.Nike — Shares of Nike fell 7% even after the company topped Wall Street's earnings and sales expectations for the fiscal fourth-quarter. Nike said it anticipates flat to slightly higher revenue for its fiscal first-quarter versus the prior year, and low
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Catherine Wood, chief executive officer of ARK Investment Management LLC, speaks during the Bitcoin 2022 conference in Miami, Florida, U.S., on Thursday, April 7, 2022.Eva Marie Uzcategui | Bloomberg | Getty ImagesArk Invest CEO Cathie Wood said Tuesday that the U.S. is already in an economic downturn, and she
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Take a look at some of the biggest movers in the premarket:Nike (NKE) – Nike fell 2.4% in premarket trading despite reporting better-than-expected quarterly profit and revenue. The athletic apparel and footwear maker forecast current-quarter revenue below analysts' estimates amid increased promotional activity and ongoing disruptions in its profitable
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For more than two years, overseas travelers have had to quarantine upon arrival in China because of Covid restrictions. Pictured here at Beijing International Airport on June 18, 2022, are passengers waiting to be taken to quarantine-designated destinations.Leo Ramirez | Afp | Getty ImagesBEIJING — China cut the quarantine
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A sign above the entrance to the Credit Suisse Group AG headquarters in Zurich, Switzerland, on Monday, Nov. 1, 2021.Thi My Lien Nguyen | Bloomberg | Getty ImagesCredit Suisse has vowed to forge ahead with its risk management and compliance overhaul in light of a string of scandals, despite
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Klarna is in talks to raise funds at a sharp discount to its last valuation, according to a report from the Wall Street Journal. A spokesperson for the firm said it doesn't comment on "speculation."Jakub Porzycki | NurPhoto via Getty ImagesWith hype over the "buy now, pay later" trend
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Stock futures rose slightly in overnight trading Monday following a losing day as investors prepare to rebalance their portfolios with the end of the quarter fast approaching.Futures on the Dow Jones Industrial Average gained 36 points. S&P 500 futures edged up 0.2% and Nasdaq 100 futures rose 0.3%.The overnight
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Check out the companies making headlines in midday trading.Spirit Airlines — The budget airline's shares fell nearly 8% amid news that advisory firm Institutional Shareholder Services told Spirit shareholders to vote for the proposed merger with Frontier Airlines. It comes after Frontier Airlines upped the cash portion of its
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