Caterpillar (NYSE:), which manufactures and sells heavy equipment for such things as construction, farming and mining, is looking increasingly likely to fall victim to the trade war between the U.S. and China. And as hopes of an agreement wax and wane, the messages from officials on both sides...
A super surge in oil tanker insurance rates, weak demand for crude, a delayed OPEC meeting and the increasing likelihood of a Fed rate cut: oil traders just doesn't know where to look these days. It's never been easy, of course, to trade the black stuff. Still, there was...
Broadcom's (NASDAQ:) recent bleak demand forecast provided investors in chip stocks yet another ominous sign. Its broad product line and global customer base make the chipmaker's an important indicator of things to come. Unfortunately, the news isn't good. The San Jose, California-based company, after market close on Thursday,...
Stocks whipsawed by oppositional drivers Equities eke out weekly gains on low volume; yields retest June low Oil traders projecting gloomy economic outlook Two oppositional drivers—trade tensions and mounting speculation of an upcoming Fed —have been whipsawing stocks, though ultimately equities ended the week slightly higher on a weekly basis. Small...
Stocks continued to gain lost ground during the past week, helped by rising expectations that the is ready to on signs of weakness in economic growth. The latest evidence came from , a measure of purchases at stores, restaurants and online, that rose less than expected in...
The U.S.'s largest banks are entering an uncertain phase. Falling interest rates, low trading volumes, and a threat to the global economy due to the U.S.-China trade war are driving headwinds that could soon hurt their earnings and cloud their future. These risks are already triggering a sell-off in...
Move over, corn. There’s another grain that’s quickly finding favor with investors now, though with not as much fanfare: wheat. Droughts in Ukraine and Spain, torrential downpour in France and more rains in the U.S. Great Plains have combined to slash the global output of wheat, the raw material...
U.S. futures climb on mounting Fed rate cut expectations Treasurys, gold and yen gain ground WTI spikes on reported tank attacks U.S. tech stocks take a hit from Goldman Sachs warnings, fresh Facebook headwinds Key Events Futures on the , and were off to a mixed open this morning, as the...
On Tuesday, Tesla (NASDAQ:) hosted its annual shareholder meeting in California. Shareholders were able to ask CEO Elon Musk questions about the company's problems and hear what the proposed solutions might be. As well, it was an opportunity for the Tesla's new Chairperson, Robyn Denholm, to speak for...
Facebook (NASDAQ:) dropped 1.7% yesterday after a Wall Street Journal report said CEO Mark Zuckerberg may have known about his company’s controversial privacy practices. The social media behemoth is now concerned that the emails linking Zuckerberg to the scandal may be used against the company during a recently...