The market’s new biggest fear. Plus, a milestone for GIC rates

The market’s new biggest fear.  Plus, a milestone for GIC rates

We can’t make too much of one day’s results, but central bankers must have been ghoulishly pleased with Thursday’s equity market action. Weak US economic data, lower commodity prices and falling bond yields are not widely considered positive because they highlight growing risks of a North American recession, but they also signal a potential easing … Read more

5 things to know before the stock market opens Thursday

5 things to know before the stock market opens Thursday

Here are the most important news, trends and analysis that investors need to start their trading day: 1. Futures essentially flat following Wednesday’s declines Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, June 3, 2022. Brendan McDermid | Reuters US stock futures were essentially flat Thursday, as … Read more

Bed Bath & Beyond (BBBY) Q4 2021 earnings

Bed Bath & Beyond (BBBY) Q4 2021 earnings

Bed Bath and Beyond on Wednesday reported a surprising holiday-quarter loss, as the company ran low on inventory and struggled to move merchandise out of congested ports and onto shelves. Shares of the company bounced around in premarket trading, as investors weighed the news. CEO Mark Tritton said out-of-stock merchandise caused the company to miss … Read more