Is the Stock Market Open Today? Here Are the Thanksgiving and Black Friday Hours.

Instead of gearing up to trade Thursday, investors may be defrosting their Thanksgiving turkeys—and clipping coupons ahead of Black Friday. This year, Thanksgiving and Black Friday come after two days of stock market gains. On Wednesday, the Dow Jones Industrial Average, the S&P 500, and the Nasdaq Composite all finished higher after the release of … Read more

Stocks Rise as Fed Minutes Suggest Smaller Interest-Rate Increases Soon

U.S. stocks rose Wednesday as minutes from the Federal Reserve’s latest meeting showed most officials favored slowing interest-rate increases soon. The S&P 500 gained 0.6%, while the Dow Jones Industrial Average added 0.3%, or roughly 130 points. The Nasdaq Composite added 1%. The Fed this year has been boosting interest rates at the fastest pace … Read more

How the Chips Act Could Benefit Tech Stocks and Investors

This has been a rough year for tech stocks—but there could be reason to hope for long-term growth. Market volatility, supply-chain issues and rising inflation have all contributed to the selloff. Morningstar research also suggests that big tech companies could see a significant hit to third-quarter earnings as a strong dollar eats into profits from … Read more

Apple earnings beat as record back-to-school Mac sales outweigh a slight miss on iPhones

At the end of a woeful week for Big Tech earnings, Apple Inc. managed to top expectations on revenue and earnings with the help of Macs selling at a record pace during the back-to-school season, which outweighed a slight miss on iPhone sales. Apple AAPL, -3.05% shares bounced between slight gains and losses in after-hours … Read more

Germany leapfrogs UK to become Europe’s most shorted market as recession fears surge

Germany just leapfrogged the UK to become the most shorted market in Europe as economic worries grip the continent. The German market accounted for about 25% of short positions last month, followed by UK’s 20%, data from SEI Novus shows. The data, which covers pan-European short positions worth over €30bn from more than 150 managers, shows that … Read more

Layoffs at Intel Could Spell a Bitter Winter for Tech. It’s Not All Bad News.

Intel looks set to be the latest tech company to announce job cuts in the face of a gloomy macro outlook—a sign that a bitter winter is coming for the sector. From a more macro perspective, there are reasons to be less pessimistic. Intel (ticker: INTC) may announce thousands of job cuts around the time … Read more

Semiconductor Stocks Tumble After U.S. Announces New Chip Restrictions

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Stocks Poised to Open Lower on Monday

U.S. stocks are poised to fall on Monday as investors await data on consumer prices and big bank earnings later in the week. On Sunday night at 6:18 p.m. Eastern time, Dow Jones Industrial Average futures lost 125 points, or 0.4%, while the S&P 500 futures lost 0.5%, and Nasdaq Composite futures lost 0.5%.

Credit Suisse calls for calm with staff memo and investor talks

Credit Suisse tried to assuage fears about its health in a memo to employees and in a round of phone calls to investors and clients over the weekend, according to people familiar with the matter. Credit Suisse shares are down 21% over the last month and spreads on its credit default swaps, a type of insurance against default, rose … Read more