Category: Markets

Stocks Hit Monday as Rate Hike Fears Grow

The narrative is shifting. For weeks, rising expectations of a December interest rate hike from the Federal Reserve was considered a good thing. It reflected optimism from our policymakers. The economy was strong enough...

Fitbit shares lower despite earnings beat

Fitbit (FIT) reported quarterly earnings that beat analysts’ expectations on Monday. But shares plunged after the company announced that “certain stockholders” are proposing to sell 14 million shares in a follow-up public offering. The...

Stock futures rise before Fed announcement, Apple gains

U.S. stock-index futures advanced as investors speculated on the Federal Reserve’s policy stance at today’s interest-rate announcement, while Apple Inc. rose amid earnings reports. Apple added 1.9 percent in early New York trading, after...

Stock futures fall before earnings, Fed

U.S. stock-index futures retreated, as investors assessed gains before the latest batch of earnings and a Federal Reserve meeting, after the Standard & Poor’s 500 Index last week erased its losses for the year....