Tag: Worst

US futures bounce back from worst day in months

US stock futures climbed on Thursday, headed for a rebound from their worst daily sell-off in three months as nerves settled and the prospect of interest-rate cuts buoyed spirits again. S&P 500 (^GSPC) futures popped roughly 0.5%, pointing to a comeback from the benchmark index’s biggest single-day loss since October. Futures on the Dow Jones […]

Stock market rally stalls as S&P 500 posts worst day since October

FedEx (FDX) shares fell as much as 10% early Wednesday after the company’s disappointing forecast offered late Tuesday. The shipping giant now expects revenues to decline by a low-single-digit percentage next year after having previously forecast revenues to stay flat. The company mentioned in its earnings call a “difficult demand environment.” Given the company’s reach […]

S&P Logs Worst Day in Two Months, Bonds Power On: Markets Wrap

(Bloomberg) — High-flying stocks notched one their worst days in months Wednesday after Wall Street warned of a pullback on the rally ignited by the Federal Reserve’s pivot last week. Most Read from Bloomberg The Nasdaq 100 ended the session down 1.5%, the biggest one-day drop in eight weeks, as the tech-heavy benchmark drew back […]