Nasdaq drops 3.7% to erase post-Fed relief rally as Treasury yields jump
The Nasdaq Composite slumped 474 points, or 3.7%, Thursday morning, more than taking back the previous session's sharp rise seen after the Federal Reserve delivered...
Tupperware stock downgraded as shares continue to decline
Tupperware Brands Corp. shares fell 8% in early Thursday trading after it was downgraded to neutral from buy at D.A. Davidson. Analysts slashed the price...
China-focused ETFs sink as Blinken reportedly plans to affirm China is main U.S. rival
Shares of two China-focused exchange-traded funds were down sharply Thursday morning, adding to steep losses this year, as U.S. Secretary of State Antony Blinken reportedly...
Walmart, Kohl’s to pay civil penalties to settle allegations of ‘deceptive’ claims that products were made of bamboo
Walmart Inc. and Kohl's Corp. agreed to pay a total of $5.5 million in civil penalties, as part of settlements to resolve allegations of violations...
Tesla stock heads to worst in two weeks
Shares of Tesla Inc. dropped more than 6% Thursday, poised to close at their worst in nearly two weeks, as the broader equity market took...
Real rates move higher aggressively, with 30-year TIPS yield around 0.6%
Real, or inflation-adjusted, yields moved aggressively higher on Thursday, a day after the Federal Reserve delivered its biggest rate hike in more than two decades,...
Hanesbrands lost out on $40 million in Champion brand Q1 sales due to supply chain challenges
Hanesbrands Inc. said its first-quarter results were hurt by supply chain challenges that hampered its Champion brand. "[P]roduct supply challenges to the U.S. market did...
All 30 Dow stocks fall, with Home Depot and UnitedHealth stocks the biggest point drags
The 1,000-point plunge in the Dow Jones Industrial Average is unanimous, with all 30 components losing ground. The biggest drags on the Dow were shares...
Boeing to move HQ to Washington, D.C., area from Chicago: WSJ
Boeing Co. executives are planning to move the aerospace company's headquarters to Arlington, Va., from Chicago, The Wall Street Journal reported Thursday, citing people familiar...