November Manufacturing Contraction Improves More Than Projected, ISM, S&P Data Show
The US manufacturing sector's contraction improved more than expected in November, two separate surv
The US manufacturing sector's contraction improved more than expected in November, two separate surv
In a significant move, MicroStrategy Inc. (NASDAQ:MSTR) looks set to join the Nasdaq 100 index, prompting a major reconstitution of the index. This change, based on market cap rankings as of Nov. 29, will take effect after Dec. 20. What Happened: According to a report by Seeking Alpha, the inclusion of MicroStrategy, with its $94 billion market cap, will impact passive funds tracking the index, such as the Invesco QQQ Trust (NYSE:QQQ) and the Invesco Nasdaq 100 (NYSE:QQQM). Don't Miss: This Jeff
AVGO finished December higher in eight of the past 10 years
Here are the stocks making the biggest market moves midday.
Kroger is set to report third-quarter results ahead of market open Thursday, with the grocery giant awaiting a decision on the FTC's legal challenge to its proposed merger with Albertsons.
(Bloomberg) -- South Korea’s stock benchmark attracted its biggest foreign inflow in more than three months as strong US economic data bode well for growth in the export-oriented country.Most Read from BloombergAs Wars Rage, Cities Face a Dark New Era of Urban DestructionRiyadh Metro Partially Opens in Bid to Ease City’s Traffic JamsGlobal funds bought 539.6 billion won ($385 million) worth of Kospi Index members on a net basis on Tuesday, the most since Aug. 16. That boosted the measure 1.9% hi
(Bloomberg) -- America Movil SAB plans to issue more peso-denominated debt, prioritizing the Mexican market as the telecommunications company looks to align its financing structure with its revenues, its finance chief said.Most Read from BloombergRiyadh Metro Partially Opens in Bid to Ease City’s Traffic JamsAs Wars Rage, Cities Face a Dark New Era of Urban DestructionMexico City-based America Movil, which provides broadband, wireless and other services across Latin America, generates a sizeable
Carlos Tavares abruptly resigned on Sunday as CEO of Stellantis, two months after a profit warning, and the carmaker said it would seek to appoint a permanent successor in the first half of next year. The Stellantis board is considering the head of North American operations Antonio Filosa and procurement Chief Maxime Picat as internal candidates for the CEO position, a source close to the matter said on Monday. In the meantime the maker of brands including Jeep, Ram, Fiat and Peugeot, will be run by a newly-established Interim Executive Committee, headed by the group's Chairman John Elkann.
Tesla shares advanced to their highest level in two-and-a-half years as two analysts wrote optimistic opinions about the EV maker's future.
S&P 500 companies' latest quarterly earnings are up 8.2% from a year earlier as the reporting cycle