Stock markets

Stocks fall as Chinese Covid protests dampen market sentiment

Stocks fell Monday as social unrest from China’s prolonged Covid restrictions weighed on markets, sending oil prices lower — after Wall Street notched gains during the Thanksgiving holiday-shortened week. The Dow Jones Industrial Average fell 160 points, or 0.5%. The S&P 500 and Nasdaq Composite 0.6% and 0.4%, respectively. Over the weekend, demonstrations broke out …

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China markets tank as protests erupt over Covid lockdowns

Hong Kong CNN Business — China’s major stock indices and its currency have opened sharply lower Monday, as widespread protests against the country’s stringent Covid-19 restrictions over the weekend roiled investor sentiment. Hong Kong’s Hang Seng (HSI) Index fell as much as 4.2% in early trading. It was last down 3.5%. The Hang Seng (HSI) …

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Stocks making the biggest moves premarket: Activision, Tesla, Manchester United

Check out the companies making headlines before the bell: Activision Blizzard (ATVI) – Activision Blizzard slid 3.3% in premarket trading after Politico reported the Federal Trade Commission is likely to sue to block Microsoft‘s $69 billion purchase from the videogame publisher. Tesla (TSLA) – Tesla said its Full Self Driving Beta software is now available …

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Charts suggest the S&P 500 will rally in December, says Jim Cramer

CNBC’s Jim Cramer said Monday that stocks in the benchmark S&P 500 will likely rally next month. “The charts, as interpreted by the legendary Larry Williams, suggest that the Santa Claus rally is coming to town next month and you’ve got to get ready for it, or else you may be left behind,” he said, …

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S&P 500 futures fall slightly ahead of more retail earnings before the Thanksgiving holiday

Traders on the floor of the NYSE, Oct. 21, 2022. Source: NYSE S&P 500 futures fell slightly Sunday evening ahead of another batch of retail earnings to kick off a shortened week for the Thanksgiving holiday. Futures tied to the broad market index were lower by 0.1%. Dow Jones Industrial Average futures were lower by …

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Cost-cutting customers are coming to us in tough economy

Palo Alto Networks is seeing tailwinds from customers looking to slash costs in the worsening economy, CEO Nikesh Arora said Thursday. “The silver lining in the current environment is that we’re having more consolidation conversations —because suddenly, the number one priority in addition to being secure is: ‘Can you help me do that without me …

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Stock futures rise as investors assess the prospect of higher interest rates

Stock futures rose Friday as investors continued evaluating earnings reports and tougher language from Federal Reserve speakers. Futures tied to the Dow Jones Industrial Average climbed 80 points, or 0.2%. The S&P 500’s futures traded higher by 0.4%, while the Nasdaq-100 futures advanced 0.5%. Ross Stores and Palo Alto Networks popped in after the two …

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