Tag: NYSE:PATH
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US Index Futures Drop Amid Rising Treasury Yields and Inflation Concerns, Oil Prices Increase
U.S. index futures are down in pre-market trading this Wednesday, after the Nasdaq Composite reached a new record in the previous session. Investors are focused on rising Treasury yields and increasing inflation concerns. As of 6:25 AM, Dow Jones futures (DOWI:DJI) fell 219 points, or 0.56%. S&P 500 futures dropped 0.56%, and Nasdaq-100 futures lost…
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Fisker’s Shares Take a Hit Amid Speculation of Bankruptcy, Altria Divests from AB InBev to Fund Stock Repurchase Initiative
Fisker (NYSE:FSR) – Shares of the electric vehicle startup fell 39.71% in pre-market trading, following a Wall Street Journal report that Fisker hired restructuring consultants as part of preparations for a possible bankruptcy filing. At the end of February, Fisker admitted to having doubts about its ability to continue operating, as it faced difficulties in…
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Mixed Futures Amidst Quiet Economic Schedule; Oil Prices Climb
U.S. index futures displayed varied behavior on Wednesday, following significant gains in the previous session that led the S&P 500 to close the day at a historic high, driven by consumer inflation data that met expectations. With a light economic schedule and the U.S. earnings season nearing its end, Dollar Tree (NASDAQ:DLTR) is scheduled to…
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Wednesday’s Wall Street Highlights: Verb Technology, Apple, Alphabet, Warner Bros, and more
US index futures are lower in premarket trading on Wednesday, weighed down by disappointing numbers in Europe and a rise in the cost of oil the day before. These factors heighten inflation concerns as investors await new US indicators, including the Beige Book. By 6:52, Dow Jones futures (DOWI:DJI) were down 51 points, or 0.14%. S&P 500…