With one week until the Fed's next rate hike decision, good economic news on Main Street appears to be bad news for Wall Street. ADP's Nela Richardson and NewEdge Wealth's Cameron Dawson weigh in. Plus, Planet Fitness CEO Chris Rondeau shares the post-covid outlook for the workout business.
|
|
|
News: What you need to know about the markets | | | | Why good economic news is bad news on Wall Street | With one week until the Fed's next rate hike decision, good economic news on Main Street appears to be bad news for Wall Street. ADP's Nela Richardson and NewEdge Wealth's Cameron Dawson weigh in. Plus, Planet Fitness CEO Chris Rondeau shares the post-covid outlook for the workout business. Read more » | | The media business is in turmoil — but its stocks may be close to bottoming | The media sector has had a tumultuous 2022, culminating in the shocking return of Bob Iger as CEO of Disney and a spate of layoffs at multiple companies. But there may be a few hopeful signs for normalization and stabilization in 2023. Read more » | | Companies can't imagine life without the CEO. That's a problem | Nothing lasts forever, not even a good CEO. Read more » | | Congress wants to grill Live Nation's CEO over the Taylor Swift Ticketmaster fiasco | Congress wants answers from the CEO of Ticketmaster's parent company after a ticketing snafu ahead of Taylor Swift's Eras tour left millions of unhappy Swifties without the ability to see the the singer-songwriter perform. Read more » | | US oil plunges below $75 for first time since just before Christmas | Oil prices have tumbled to their lowest level of the year as worries about the health of the economy overshadow concerns about new restrictions imposed on Russian energy. Read more » | | Stocks sink again as CEOs sound alarm bells about economy | Some top CEOs appear to be worried that the economy could be the Grinch that steals Christmas this year. And investors are not pleased. Read more » | | | | | | | |
|
|
| +1.58 | | -56.34 | | -7.34 | 33,597.92 | | 10,958.55 | | 3,933.92 | +0.00% | | -0.51% | | -0.19% | YTD -7.54% | | YTD -29.95% | | YTD -17.46% | | | |
|
Biggest Winners | State Street Corp | +8.19% | | Campbell Soup Co | +6.02% | | Bank of New York Mellon Corp | +4.13% | | Lennar Corp | +3.61% | | Biggest Losers | M&T Bank Corp | -7.72% | | Brown-Forman Corp | -7.30% | | Lincoln National Corp | -5.54% | | Southwest Airlines Co | -4.71% | | | | | |
Hottest ETF | | | NYSE Market Volume | | | | | | |
Key Market Stats | Latest | Today's Change | | Oil | $72.39 | -1.86 / -2.51% | | Gold | $1,798.80 | +16.40 / +0.92% | | 10-yr | 3.41% | -0.11 | | Euro | $1.05 | +0.00 / +0.36% | | |
|
Hi, let us know what you think of this newsletter! | | Tell us what you want to read more of... and less of. Email your tips and feedback to MarketsNow@cnn.com | | |
|
|
|
| Tips, thoughts or questions are always welcome at MarketsNow@cnn.com | | Want to change how you receive these emails? You can unsubscribe from this list | | ® © 2022 Cable News Network Inc. A WarnerMedia Company. All Rights Reserved. You are receiving this message because you subscribed to CNN Business's "Markets Now" newsletter.
Our Mailing address is: Cable News Network, Inc. 1 CNN Center Atlanta, GA 30303 | | | | |
Comments
Post a Comment