Category: Markets

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....

Dow closes 320 points higher amid strong earnings

Stocks rallied, heading toward their first gain in three days after a batch of better-than-estimated earnings from companies including McDonald’s Corp. and EBay Inc. boosted optimism on the health of corporate America. Equities got...