Take a look at some of the most important engines on the previous market: Nike (NKE) – Nike lost 51 cents a share in its last quarter, well below the consensus forecast for a profit of 7 cents a share. The footwear and sportswear maker’s revenue was also well below …
Read More »Flat futures, losing week, declining bank stocks, Nike crash
Traders wear masks while working on the floor of the New York Stock Exchange as the outbreak of coronavirus disease (COVID-19) continues New York, May 27, 2020. Lucas Jackson | Reuters This is a live blog. Check back for updates. 8:06 am: Bank shares fall when the Fed imposes restrictions …
Read More »Wall Street executives brace for Biden victory as Trump fades in polls
Democratic presidential candidate Joe Biden comments after meeting with Pennsylvania families who have benefited from the Affordable Care Act on June 25, 2020 in Lancaster, Pennsylvania. Jim Watson | AFP | fake pictures Finance executives are now preparing for Joe Biden to potentially win the presidency as Donald Trump slips …
Read More »Future flat after bank stress test results, Nike reports surprise loss
Traders work during the opening bell on the New York Stock Exchange (NYSE) on March 16, 2020 on Wall Street in New York City. Johannes Eisele | AFP | fake pictures US stock futures were mostly flat on Thursday night after the release of the latest Federal Reserve bank stress …
Read More »What to Expect From Bank Stress Tests
Jerome Powell, President of the US Federal Reserve. USA, speaks during a Senate Banking Committee hearing in Washington, DC, USA. USA, Wednesday February 12, 2020. Andrew Harrer | Bloomberg | fake pictures (This story is for CNBC Pro subscribers only). The US financial system. USA It has already been hit …
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