Dow Jones Newswires: BT pretax profit falls, but backs annual guidance
BT's pretax profit for the nine months was GBP1.31 billion compared with GBP1.54 billion a year prior.
S&P 500’s tech sector rises modestly after Fed statement
The S&P 500's technology sector edged higher after the Federal Reserve released a statement saying that it's hiking its benchmark interest rate by a quarter...
: Odds of Fed hike in May improve after latest rate decision
Market-implied odds that the Federal Reserve could deliver another 25 basis point interest-rate hike at its May meeting improved Wednesday following the Fed’s latest decision...
: U.S. oil futures settle at their lowest in 3 weeks
Oil futures fell sharply on Wednesday, with U.S. benchmark prices settling at their lowest in about three weeks. The Energy Information Administration reported a 4.1...
: WestRock stock leads S&P 500 lowers after paper and packaging company misses on earnings, pulls guidance
Shares of WestRock Co. WRK tumbled 16.0% toward a more than 3-month low, enough to pace the S&P 500’s SPX decliners, after the paper and...
: CPMG, L2 Ventures and Nosara Capital lead $100 million investment in cannabis company LeafLink
Business-to-business cannabis marketplace LeafLink said Wednesday it closed a $100 million Series D financing round led by CPMG, L2 Ventures and Nosara Capital, alongside participation...
QQQ ETF jumps as tech stocks rise sharply after Fed Chair Powell’s press conference
Shares of the Invesco QQQ Trust, an exchange-traded fund that tracks the Nasdaq-100 index, were up sharply Wednesday afternoon as technology stocks jumped following Federal...
S&P 500, Nasdaq close sharply higher Wednesday after Fed keeps slowing pace of rate hikes
The S&P 500 and Nasdaq Composite closed sharply higher on Wednesday, erasing earlier losses, after the Federal Reserve increased its benchmark short-term rate by a...
: Qorvo stock falls as outlook disappoints
Qorvo Inc. QRVO shares dropped in the extended session Wednesday after the chip maker’s outlook fell well below the Wall Street consensus. Qorvo shares fell...