Market Snapshot: Dow trims gains as stocks turn mostly lower; Nasdaq down 1.2% as Netflix shares plunge
U.S. stock indexes lose altitude as Treasury yields retreat, while Netflix shares tank after earnings to drag down the Nasdaq.
The Tell: Here’s an $800 billion reason why the stock market can keep rising with Tax Day in the rearview mirror
U.S. stocks roar higher Tuesday, a day after the deadlines for Americans to pay what amounted to a "huge" tax bill, says Fundstrat's Tom Lee.
Bond Report: 10- and 30-year Treasury yields pull back from three-year highs amid pause in bond selloff
The 10-year Treasury yield posts its biggest drop in almost three weeks on Wednesday, slipping from its highest level in more than three years.
Existing-home sales fall for second consecutive month amid rising mortgage rates
Existing-home sales decreased 2.7% between February and March, dropping to a seasonally-adjusted, annual rate of 5.77 million, the National Association of Realtors said Wednesday. Compared...
EIA reports an 8 million-barrel weekly decline in U.S. crude supplies
The Energy Information Administration reported on Wednesday that U.S. crude inventories fell by 8 million barrels for the week ended April 15. The EIA was...
Stericycle to pay $90 million to resolve anti-corruption investigations with U.S., Brazil authorities
Shares of Stericycle Inc. rose 1.1% in midday trading Wednesday, after the waste management services company agreed to pay $90 million to resolve anti-corruption investigations...
Sonoco Products raises dividend, boosting yield to more than double that of the S&P 500
Shares of Sonoco Products Co. rose 1.2% in midday trading Wednesday, after the protective packaging company said it raised its quarterly dividend by 8.8%, to...
Raymond James analyst doesn’t expect Arcturus’ COVID-19 vaccine to be authorized in the U.S.
Shares of Acturus Therapeutics Holdings Inc. were down 2.3% in trading on Wednesday after the company said two doses of its experimental COVID-19 vaccine had...
Gold futures tally a second straight session loss
Gold futures declined Wednesday for a second consecutive session to mark another settlement at their lowest since April 11. Prices for the precious metal went...