News

Stocks Fall as Crude Prices Soar and Bond Yields Climb

VZ, SNDK, CVX, HPQ, TTAN, TXN, SFD, OXY, T, FANG, QCOM, WDC, AMD, VLO, CHWY, DYN, CASY, SPY, DIA, META, COP, CHYM, MU, QQQ, APA, SYY, CMCSA, INTC, XOM, CHTR, ARM, DVN, MRVL

The S&P 500 Index ($SPX ) (SPY ) closed down -0.48% on Wednesday, the Dow Jones Industrial Average ($DOWI ) (DIA ) closed down -0.77%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed down -0.29%. E-mini S&P futures (ESU26 ) fell -0.46%, and September E-mini Nasdaq futures (NQU26...

Cotton Rallying at Wednesday’s Midday

Cotton futures are trading with midday gains of 99 to 130 points on Wednesday’s midday. Crude oil is $2.59 per barrel higher so far on the day, with the US dollar index slipping $0.032 Weekly Crop Progress data showed 40% of the US cotton crop with bolls opening as of...

$100 oil isn't turning Cramer bearish on stocks. Here are 3 reasons why

CNBC's Jim Cramer said he’s not ready to turn bearish despite mounting pressure from $100 oil and signs that higher gasoline prices are weighing on consumers.

NFL Teams still 'undervalued,' says Jacksonville Jaguars owner Shad Khan

Jacksonville Jaguars owner Shad Khan says the price of an NFL team is still undervalued compared to other professional sports leagues.

Stock futures are little changed as traders brace for wholesale inflation report: Live updates

The first of two inflation reports due this week is in focus as oil prices rise.

Amazon adds cybersecurity veteran Kevin Mandia to board 2 years after he left Google

Amazon said Kevin Mandia, the founder and former CEO of cybersecurity company Mandiant, is joining its board of directors.

Shifting Consumer Preferences Continue to Impact NKE and LULU

NKE, LULU

Consumers have continued to shift their preferences away from Nike and lululemon, with recent quarterly results not impressing investors. Can the companies ever regain their footing?

Coffee Prices Settle Higher on Tight ICE Inventories and Vietnam Weather

December arabica coffee (KCZ26 ) closed up +0.75 (+0.26%) on Wednesday, and November ICE robusta coffee (RMX26 ) closed up +14 (+0.40%). Coffee prices settled higher on Wednesday, with robusta posting a 1-week high. Tightness in near-term supplies is bullish for arabica coffee prices, as ICE arabica coffee inventories fell...

Dollar Recovers on Smaller Treasury Buyback and Higher T-Note Yields

The dollar index (DXY00 ) recovered from a 2.5-week low on Wednesday and finished up by +0.06%. The dollar found support on Wednesday after WTI crude oil surged +3 % to a 3.25-month high, boosting inflation expectations and potentially persuading the Fed to tighten monetary policy. Also, short covering emerged...

Nat-Gas Prices Sink on the Outlook for Weaker US Demand

October Nymex natural gas (NGV26 ) on Wednesday closed down -0.094 (-3.22%). Nat-gas prices tumbled to a 2-week low on Wednesday and settled sharply lower. Nat-gas prices fell Wednesday as forecasts for warmer US weather to begin the fall season could potentially curb heating demand for nat gas. The Commodity...