Usana Health Sciences Inc. shares fell in the extended session Wednesday after the nutritional supplement sales company lowered its forecast for the year, blaming lockdowns in China for disrupting regional sales programs. Traders and investors will get some insight Wednesday afternoon into last month’s decision by the Federal Reserve to raise interest rates when minutes of the last meeting are released. U.S. stock indexes climbed, offering investors a reprieve from a recent stretch of whipsaw trading that had sent stocks and cryptocurrencies falling.
Split-adjusted trading will follow on July 22, GameStop said. The company announced the split in late March, although at that time it did not announce the ratio. It said then it https://dotbig.com/ was seeking "flexibility for future corporate needs." GameStop split its stock 2-for-1 in March 2007, the only split in its history, according to Dow Jones Market Data Group.
Gamestop Stock: Short
Major indexes end slightly lower, while investors sought haven assets, after the Fed chairman discussed efforts to tame inflation. https://dotbig.com/markets/stocks/GOOGL/ The company made a lackluster debut on Hong Kong’s stock exchange after raising just $85 million in a scaled-back IPO.
In electronic trading Wednesday, August West Texas Intermediate crude was at $98.06 a barrel, after settling at $98.53 on the New York Mercantile Exchange. Shares of GameStop Corp. undefined rallied more than 9% in the extended session Wednesday after the gaming retailer said its board of directors approved a 4-for-1 stock split as a stock dividend. Shareholders of record on July 18 will receive a dividend of three additional shares for each their shares held, GameStop said. The stock dividend will be distributed after the close of trading on July 21, the company said.
U.S. stocks advanced after Wall Street notched its worst first half of the year in more than half a century. News Corp is a global, diversified https://en.wikipedia.org/wiki/Bank_of_the_United_States media and information services company focused on creating and distributing authoritative and engaging content and other products and services.
The American Petroleum Institute reported late Wednesday that U.S. crude supplies rose by 3.8 million barrels for the week ended July 1, according to sources. The API data, which came a day later than usual due to Monday’s Independence Day holiday, also reportedly showed weekly inventory declines of 1.8 million barrels for gasoline and 635,000 barrels for distillates. Oil stocks at the Cushing, Okla., delivery hub were up by 459,000 barrels last week, sources said. Inventory data from the Energy Information Administration will be released on Thursday.
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Quotes displayed in real-time or delayed by at least 15 minutes. Powered and implemented byFactSet Digital Solutions.Legal Statement. What a Recession Could Mean for Auto SalesRecent news from Ford has clues to how a potential recession could impact the auto industry. Here’s the price level to watch as Bitcoin continues to seek direction. Mark Zuckerberg, Facebook Say Goodbye to Their CryptoThe CEO of the https://dotbig.com/ social media giant has just buried the last project of his ambitions in crypto. Tesla Rival Rivian Delivers Good NewsThe EV maker is increasing production rates in the midst of disruption of supply chains. LIFESTYLE TSA on track to confiscate record number of firearms Transportation Security Administration officers have stopped an average of 17 firearms at checkpoints each day over the past six months.
- Oil stocks at the Cushing, Okla., delivery hub were up by 459,000 barrels last week, sources said.
- Shares of GameStop ended the regular trading session down 2.3%.
- 7 Best Ways to Reduce Your Tax Bill Next Year – CPA TipsMaxing out your 401k is just one tax tactic that you can take now to reduce your tax bill later.
- Inventory data from the Energy Information Administration will be released on Thursday.
U.S. equity futures were lower after a tepid trading session on Wall Street amid worries about a global recession. Tianqi Lithium, one of the largest producers of lithium compounds used in electric-vehicle batteries, said it plans to raise the equivalent of up to $1.7 billion in a Hong Kong initial public offering. Bond yields and stocks fell at the end of a grueling first half and as investors considered DotBig updated readings on consumer spending and inflation. Bitcoin traded around $20,000, gaining for back-to-back days heading into Wednesday. The cryptocurrency has gained more than 7% over that period. Bitcoin is down more than 55% year-to-date and down more than 69% from its all-time high set in November. The secretary general of oil producers group OPEC, Mohammad Barkindo, has died, according to Reuters.
U.S. stocks drifted marginally higher in early trading as investors await the latest read on job openings via the JOLTs report and ahead of the Federal Reserve minutes, due at 2pm, for fresh clues on the economy. In commodities, oil continued its drop trading at the $87 per barrel level.
Stocks Notch Modest Gains As Fed Signals Bigger Rate Hike
Italian bank shares will be a test of the plan’s success. ECONOMY Job openings remain near record levels The total number of job openings fell to 11.3 million in May, less than economists surveyed by Refinitiv DotBig were expecting, as the market remains tight for employers and a win-win for employees. FOX Business is providing real-time updates on the markets, commodities and all the most active stocks on the move.
Homes Hitting The U K Market At Their Briskest Pace Since January
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The news was announced by Mele Kyari, the head of Nigerian National Petroleum Corp . Barkindo, 63, was due to step down at the end of this month after six years in OPEC’s top job. After leaving OPEC, Barkindo was due to join U.S. think tank the Atlantic Council’s Global Energy Center as a distinguished fellow. ECONOMY Job openings, additions, inflation impact top investor watch list Wall Street is currently expecting a total GOOGL of 11 million job openings as of the end of May and 268,000 new nonfarm jobs in June. Receive full access to our market insights, commentary, newsletters, breaking news alerts, and more. FTSE Russell is due to rebalance its stock benchmarks, adding and deleting companies from indexes tied to trillions of dollars of investments. The European Central Bank is expected to unveil a program to shield indebted economies.