Wednesday, November 16, 2022

Shop on Black Friday or hold out for bigger deals? Hear from a retail expert

On today's "Markets Now" show, Charles Schwab's Liz Ann Sonders weighs in on the latest inflation data. Plus, Telsey Advisor Group's Dana Telsey shares her outlook for the holiday shopping season and retail stocks. And Wedbush's Dan Ives says Twitter is an albatross around Tesla's neck.
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Shop on Black Friday or hold out for bigger deals? Hear from a retail expert
On today's "Markets Now" show, Charles Schwab's Liz Ann Sonders weighs in on the latest inflation data. Plus, Telsey Advisor Group's Dana Telsey shares her outlook for the holiday shopping season and retail stocks. And Wedbush's Dan Ives says Twitter is an albatross around Tesla's neck. Read more »
 
Greed is back with a vengeance on Wall Street
Many investors are still nursing losses for the year. But stocks have come roaring back to life in the past few weeks thanks to hopes that inflation might be really peaking and that the Federal Reserve will soon reduce or slow down its interest rate increases as a result. Wall Street is now, dare we say, almost giddy. Read more »
 
Why irate Taylor Swift fans are stuck with Ticketmaster
Taylor Swift fans' outrage over Ticketmaster's service meltdown Tuesday has shined a spotlight on a common and recurring criticism about the ticketing company: There's practically no avoiding Ticketmaster if you want to attend an event. Read more »
 
It's looking grim for Wall Street bonuses this year
Ferragamo belt-buckles are being tightened across Wall Street as bankers prepare for a gloomy bonus season. Year-end payouts, typically an outsized part of total financial industry compensation, are expected to plunge as merger and acquisitions dry up, inflation persists and recession threats grow. Read more »
 
Crypto bank Genesis halts withdrawals, citing fallout from FTX failure
The lending arm of crypto brokerage Genesis Global Trading suspended redemptions and new loan originations after an "abnormal" number of withdrawal requests that exceeded its current liquidity, citing market turmoil from the failure of rival FTX. Read more »
 
FTX's Bahamas unit files for bankruptcy in New York
FTX Digital Markets, the Bahamas-based unit of the recently collapsed cryptocurrency trading platform, has filed for bankruptcy protection in the US. Read more »
 
 
 
 
Dow Nasdaq S&P
-39.09   -174.75   -32.94
33,553.83   11,183.66   3,958.79
-0.12%   -1.54%   -0.83%
YTD -7.66%   YTD -28.52%   YTD -16.94%
 
Biggest Winners
TJX Companies Inc +5.19%
 
Campbell Soup Co +3.89%
 
W R Berkley Corp +3.83%
 
Lincoln National Corp +3.60%
Biggest Losers
Advance Auto Parts Inc -15.06%
 
Carnival Corp -13.71%
 
Target Corp -13.14%
 
Catalent Inc -8.67%
Hottest ETF
Hottest ETF
NYSE Market Volume
NYSE Market Volume
Key Market Stats Latest Today's Change
Oil $85.27 -1.65 / -1.90%
Gold $1,776.80 0.00 / 0.00%
10-yr 3.69% -0.11
Euro $1.04 +0.00 / +0.35%
More Markets Now
 
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