Dow set to open slightly higher after tech-heavy sell-off

Dow set to open slightly higher after tech-heavy sell-off

U.S. stock futures traded were solidly higher in the premarket Tuesday, helped by a strong quarter for retailer Home Depot. As of around 6:30 a.m. ET, Dow Jones Industrial Average futures indicated a higher open of nearly 150 points, while S&P 500 and Nasdaq futures were also in positive territory. The Dow received a boost […]

Dow drops 400 points as Apple leads technology shares lower

Dow drops 400 points as Apple leads technology shares lower

The Dow Jones Industrial Average fell 602 points on Monday after a big decline in Apple shares, a rise in the U.S. dollar and lingering worries about global trade weighed on investor sentiment. Monday’s losses bring the Dow’s decline over the past two sessions to 804 points; it closed at 25,387.18. The tech-heavy Nasdaq Composite […]

Asia markets mixed; oil prices closely watched after OPEC warns on output

Asia markets mixed; oil prices closely watched after OPEC warns on output

Asia markets traded mixed on Monday afternoon as investors remained wary about global risks that include a trade fight between the U.S. and China, growth outlook, as well as oil prices. Japan’s Nikkei 225 erased early losses of more than 0.7 percent to close fractionally higher at 22,269.88 while the Topix index slightly slipped to […]

OPEC Edges Closer to Production Cut as Saudis Signal Intent

OPEC Edges Closer to Production Cut as Saudis Signal Intent

ABU DHABI—OPEC is likely to agree to an oil production cut when it meets next month in Vienna, the oil minister of Oman said Sunday, after Saudi Arabia confirmed that it would cut it own oil supplies next month and Russia signaled that it could follow suit. “There is consensus that there will be oversupply […]

San Jose Marriott workers reach agreement to end strike

San Jose Marriott workers reach agreement to end strike

Striking Marriott hotel workers ratified an agreement to end their 37-day labor dispute, union leaders confirmed Saturday. No details about the agreement with Unite Here Local 19 in San Jose were immediately available because Marriott workers in other cities are still on strike, said Sarah McDermott, a spokesperson for Local 19. Oakland workers ratified their […]

The FDA's Mango-Flavored Trolley Problem

The FDA's Mango-Flavored Trolley Problem

At the heart of the controversial rise of teen vapers is Juul Labs, a California-based company whose exponential growth in recent years has given it a 73 percent market share in the $2.5 billion American e-cigarette market. Like cigarettes, vapes draw their nicotine from tobacco, but instead of lighting up, users get their hit from […]

Thursday's Vital Data: Tilray, Canopy Growth Corp and Amazon

Thursday's Vital Data: Tilray, Canopy Growth Corp and Amazon

U.S. stock futures are trading lower as traders turn their attention from politics to the Federal Reserve. Today marks the second day of the FOMC meeting and will host the announcement for their decision on whether they will hike the Fed Funds rate or keep it steady at 2% to 2.25%. The market is currently […]

US judge halts construction of Keystone XL oil pipeline

US judge halts construction of Keystone XL oil pipeline

(Reuters) – A federal judge in Montana halted construction of the Keystone XL oil pipeline on Thursday on the grounds that the U.S. government did not complete a full analysis of the environmental impact of the TransCanada Corp (TRP.TO) project. FILE PHOTO: A depot used to store pipes for Transcanada Corp’s planned Keystone XL oil […]

Stocks stay mostly lower as the Fed stands pat on interest rates

Stocks stay mostly lower as the Fed stands pat on interest rates

U.S. stocks remained mostly lower on Thursday as the Federal Reserve kept interest rates unchanged in an unanimous decision and signaled that it would continue to tighten monetary policy at a gradual pace. How are benchmarks performing? The Dow Jones Industrial Average […]

China October export growth surprisingly strong in race to beat higher US tariffs

China October export growth surprisingly strong in race to beat higher US tariffs

BEIJING (Reuters) – China reported stronger-than-expected exports for October as shippers rushed goods to the United States, its biggest trading partner, seeking to beat higher tariff rates due to kick in at the start of next year. FILE PHOTO: A truck transports a shipping container at Qingdao port in Shandong province, China October 12, 2018. […]