Abercrombie & Fitch stock plummets more than 30%, headed towards biggest ever one-day decline
Abercrombie & Fitch Co. shares sank more than 30% in Tuesday trading, en route to the stock's biggest one-day decline. The clothing and accessories retailer...
Dow ekes out gain Tuesday, but Nasdaq leads losses tied to tech selloff
Major U.S. stock indexes closed mixed Tuesday in choppy trade punctuated by another sharp selloff in the internet sector. The Dow Jones Industrial Average swung...
FTC launches probe into ongoing baby-formula shortage
The Federal Trade Commission on Tuesday announced that it has launched an inquiry in the ongoing U.S. baby-formula shortage. "The inquiry seeks information about the...
Nordstrom stock rockets higher after earnings beat, increase in annual forecast
Nordstrom Inc. shares jumped more than 20% at times in after-hours trading Tuesday after the retailer reported an unexpected profit and improving sales amid difficulties...
DiDi stock rallies after shareholders approve NYSE delisting, and timeline explained
Shares of DiDi Global Inc. surged 5.3% in premarket trading Monday, after the China-based ride-hailing giant provided details from its delisting from the NYSE after...
Stocks open higher after Dow’s 8th straight weekly loss
U.S. stocks opened higher Monday, attempting to bounce after another week of losses for major indexes. The Dow Jones Industrial Average rose 266 points, or...
Beauty category showing resiliency with Ulta, Estee Lauder and Olaplex among analysts’ top picks
Consumers might be cutting back on some items due to inflation, but a survey conducted by Cowen analysts shows people plan to stick with their...
Nio stock dives, Tesla slips toward 10-month low after XPeng’s disappointing outlook
The U.S.-listed shares of Nio Inc. dove 4.8% in morning trading Monday, to buck the rally in the broader stock market, after fellow China-based electric...
Financial stocks power broadly higher, as J.P. Morgan Chase sees biggest gain in 18 months
Financial stocks enjoyed broad gains Monday, with the sector the best performer of the S&P 500's 11 major sectors, after J.P. Morgan Chase & Co....