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US stocks mixed, Treasury yields flat ahead of Fed indicator Citing an optimistic corporate earnings forecast, market analysts at Citi raised their 2022 S&P 500 index price target to 5,100, a 7% gain from year-end 2021. "We remain moderately constructive on the ...
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Asian shares skid as rising US yields hit tech stocks HONG KONG, Jan 5 (Reuters) - Asian stocks fell on Wednesday as higher U.S. Treasury yields weighed on global tech firms and pushed the dollar to a five-year high against Japan's yen. U.S. yields rose on Tuesday as bond investors geared up for interest ...
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Consumer Reports issues alert on certain ground beef after finding E. coli O157:H7 Consumer Reports is advising the public to not eat a certain type of ground beef sold at Kroger and other supermarkets because independent testing has shown positive results for contamination with E. coli O157:H7. The public alert comes after the ...
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Norwegian Cruise Line cancels voyages on 8 ships (CNN) — Norwegian Cruise Line has announced the cancellation of voyages on eight ships, citing "ongoing travel restrictions." A Norwegian Getaway cruise set to embark on a nine-day Caribbean itinerary was canceled "due to COVID related circumstances" ...
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Texas natural gas production dropped during recent cold front, reviving concerns about electric grid Energy experts said the production drop during a relatively ordinary cold front could be a bad sign for the grid if the state is struck by extreme winter weather again. by Mitchell Ferman Jan. 5, 2022 1 hour ago. Copy link.
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New GM Electric Truck Faces Competition and Skeptical Buyers General Motors, normally the top-selling U.S. automaker, officially unveiled the Chevrolet Silverado EV Wednesday with a virtual press conference at the CES gadget show. Work truck versions go on sale in the spring of next year, followed in the fall by a ...
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Behind the scenes: Check out the new Resident Culture + El Toro Bruto, opening this week Now, Resident Culture is set to open its second location, featuring craft beers, new cocktails, tacos from El Toro Bruto and a coffee bar coming this spring.
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US Businesses Add 807000 Jobs in December, Surpassing Expectations Private-sector employment boomed in December as concerns over the Delta variant of Covid-19 abated and Omicron's impact had yet to be felt on the economy, according to data from payroll provider ADP released Wednesday. ADP's December employment report, ...
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Tech Stocks Slip as Bond Yields Rise, Beyond Meat Soars—and What Else Is Happening in the Stock Market Today Stocks were mixed, with the Nasdaq Composite led lower by more selling in technology names Wednesday. Markets are awaiting Federal Reserve minutes to be published later in the day and the December jobs report, due on Friday. Futures for the Dow Jones ...
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Fed's December Meeting Minutes Found Economy 'Much Stronger, With Higher Inflation' The central bank also signalled it could raise interest rates sooner than it had earlier forecast, with the possibility of three hikes during 2022. The "Powell pivot," as it has been coined by economists, came after Chairman Jerome Powell was nominated for ...
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