Stocks sink after retail sales fall, even as inflation slows significantly

CNN Business: Markets Now
News: What you need to know about the markets
Stocks sink after retail sales fall, even as inflation slows significantly
Read more »
Feds arrest Russian crypto operator on suspicion of criminal activities
US authorities arrested a Russian cryptocurrency executive who allegedly exchanged hundreds of millions of dollars with drug traffickers and cybercriminals. Read more »
Wall Street's biggest WFH advocate now has some concerns about remote work
When Jane Fraser became CEO of Citigroup nearly two years ago, in the middle of the pandemic, she established the kind of flexible hybrid work culture that's mostly unheard of among elite Wall Street bankers. Read more »
Microsoft is laying off 10,000 employees
Microsoft plans to lay off 10,000 employees as part of broader cost-cutting measures, the company said in a securities filing on Wednesday, making it the latest tech company to rethink staffing amid economic uncertainty. Read more »
Trump campaign has asked Meta to unblock the former president's Facebook account
Former President Trump's campaign sent a letter to Facebook's parent company, Meta, Tuesday petitioning them to unblock his Facebook account, a source familiar with the letter tells CNN. Read more »
Party City files for bankruptcy
Party City filed for bankruptcy protection Tuesday after years of losses and weak sales. Read more »
Dow Nasdaq S&P
-613.89   -138.10   -62.11
33,296.96   10,957.01   3,928.86
-1.81%   -1.24%   -1.56%
YTD +0.45%   YTD +4.69%   YTD +2.33%
Biggest Winners
Mohawk Industries Inc +1.30%
Prologis Inc +1.01%
Moody's Corp +0.92%
Equifax Inc +0.71%
Biggest Losers
PNC Financial Services Group Inc -6.04%
Carmax Inc -5.98%
McCormick & Company Inc -4.85%
Halliburton Co -4.54%
Hottest ETF
Hottest ETF
NYSE Market Volume
NYSE Market Volume
Key Market Stats Latest Today's Change
Oil $79.12 -1.06 / -1.32%
Gold $1,906.30 -3.60 / -0.19%
10-yr 3.38% -0.16
Euro $1.08 +0.00 / +0.00%
More Markets Now
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