Wall St wins as bank fears fade, focus on inflation data

Weekly unemployment benefits rose last week Faraday Future begins production of luxury vehicles Roku benefits from plans to cut 200 jobs Indices on the rise: Dow 0.45%, S&P 0.57%, Nasdaq 0.62% March 30 (Reuters) – Wall Street’s main indexes rose on Thursday as fears of a banking crisis eased, with interest-sensitive real estate and technology … Read more

Why are slim soda cans everywhere

New York (CNN) Suddenly your drink is higher. Beverage brands appeal to packaging shape and design to attract consumers. Now they’re relying on a new line of slim aluminum cans to subtly signal to consumers that their exotic new drinks are healthier than the old short round cans of beer and soda. Topo Chico, Simply … Read more

stocks, information, news and earnings

27 minutes ago Iberdrola does not generate surprising profits in Spain, the CEO says Ignacio Gal├ín, CEO of Iberdrola, discusses the one-off tax in Spain and says the company defends the interests of shareholders and shares his expectations for investing in Europe and the United States. An hour ago Poland’s PGE expects nuclear power plants … Read more

Cramer’s things to watch in the stock market on Thursday: Tech, AMD, Meta

My Top 10 Things to Watch Thursday, March 30 1. Tech Renaissance or just regular cash flow at the end of the quarter? Wall Street opened higher for the day after a strong rally. After two trading sessions, the Nasdaq was up about 14% from the previous quarter, breaking four consecutive declines. The S & … Read more

The number of unemployment claims is up to 198,000, which is more than expected

Initial unemployment insurance claims ticked higher last week, but remained generally low in a tight labor market. Jobless claims totaled 198,000 in the week ending March 25, up 7,000 from the previous period and slightly more than the 195,000 estimate, the Labor Department reported Thursday. Although the figure was slightly higher than expected, the overall … Read more

Dow Jones futures rise 200 points ahead of jobless claims; Schwab lowers the version

Dow Jones futures rose 200 points Thursday morning ahead of the Labor Department’s first jobless claims and fourth-quarter GDP data. Brokerage company Charles Schwab ( SCHW ) fell nearly 2% after Morgan Stanley downgraded Schwab shares from overweight to equal weight with a price target of 68. X The first applications for unemployment benefits are … Read more

5 things you need to know before the stock market opens on Thursday, March 31

Lawmakers continue to hammer bank regulators over SVB’s collapse. Russia arrested the American editor of the Wall Street Journal. It’s Opening Day for Major League Baseball. The pressure is on Steve Cohen’s Mets. Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., on March 29, 2023. Brendan … Read more

Morgan Stanley downgrades Charles Schwab for first time, cuts target

(Bloomberg) — Charles Schwab Corp. customers are withdrawing cash from the company’s low-interest bank accounts at twice the rate Morgan Stanley expected, prompting a company analyst to rob Schwab of his buy value. for the first time since he began covering brokerage stocks seven years ago. Bloomberg’s most read Client money is moving from so-called … Read more