Stock Market Today: Dow Futures Slip Before Powell Remarks, NIO Stock Drops

Text size Fed chair Jerome Powell will deliver remarks at a central bank summit. Olivier Douliery / AFP via Getty Images Stocks slipped on Wednesday ahead of a summit of top central bankers where investors will closely watch for clues about how high the Federal Reserve will raise interest rates. Futures for the Dow Jones … Read more

US stock futures drop as Powell testimony looms, recession worries return to the spotlight

Recession worries were roaring back into the spotlight for Wall Street on Wednesday, with equity futures and oil prices dropping, as investors looked ahead to Congressional testimony from Federal Reserve Chairman Jerome Powell. How are stock-index futures trading? S&P 500 futures ES00, -1.67% dropped 1.6%, to 3,707 Dow Jones Industrial Average futures YM00, -1.44% dropped … Read more

Dow Futures Surge as Wall Street Rebounds From Last Week’s Steep Selloff

Text size Traders work on the floor of the New York Stock Exchange. Spencer Platt / Getty Images Stock futures traded sharply higher Tuesday as investors returned from a three-day weekend feeling a bit more optimistic after last week’s steep selloff. Contracts linked to the Dow Jones Industrial Average rose 493 points, or 1.7%, to … Read more

Crypto crash gathers steam as inflation marks fastest pace of rise since 1981

Bitcoin and other cryptocurrencies tumbled on Sunday, with losses for the asset class building over the weekend following US data that showed persistent inflation pressures in May, marking the fastest pace of increase since December 1981. Bitcoin BTCUSD, -1.10% has dropped around 3% to $ 27,743, with Ethereum falling more than 3.8% to around $ … Read more

Why the Stock Markets Are Falling So Hard

Text size Wall Street Bull Dreamstime This past week was another brutal one for the markets. Investors had plenty to worry about from the Fed to inflation and retail sales. The Dow Jones Industrial Average lost 4.6% last week. It’s fallen 10 of the past 11 weeks and suffered its largest two-week percentage decline since … Read more

Tesla Investors Are Getting Fed Up With Elon Musk’s Twitter Takeover

Text size Musk has said “Tesla is on my mind 24/7.” Win McNamee / Getty Images Tesla shareholders are growing more vocal about their frustrations with Elon Musk’s $ 44 billion bid to take Twitter private. Tesla shares (ticker: TSLA) have lost a quarter of their value since early April when Musk disclosed his stake … Read more