STOCK MARKET NEWS: Futures add to declines, oil's losing week

  • 📰 FoxBusiness
  • ⏱ Reading Time:
  • 9 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 7%
  • Publisher: 53%

Canada News News

Canada Canada Latest News,Canada Canada Headlines

Stocks futures fall on rate hike, recession fears. Mortgages rates highest since 2007. FOX Business is providing real-time updates on the markets, commodities and all the most active stocks on the move.

Costco shares traded 3% lower in premarket trading as operating expenses rose due to higher labor and freight costs.Fiscal fourth total revenue rose 15% to $72.10 billion. The analysts' average estimate was $72.04 billion.Gasoline price continues to climbThe average price of a gallon of gasoline gained again on Friday to $3.689, according to AAA. Thursday's price was $3.684, rising for the third day in a row after nearly 100 days of declines.

For the week, Bitcoin was lower by more than 1%. For the month, the cryptocurrency is down more than 4%.Ethereum was trading at $1,300, after losing 10% in the past week.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 458. in CA
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Republicans all got on there knees and begged there rich masters to screws up the Stock market !!! That's basically it !!!!!

Fun facts- EliseStefanik & RepStefanik feels North Country doesn’t deserve high-speed Internet, paid family leave, safe bridges and roads, free community college, new business opportunities via clean energy or low-cost prescriptions. Pass it on. Time to fire the GQP. Retweet!

It was below 30,000 the entire time trump was in office…

GOP’s America

Still better than tRump. March, 2020: Dow wiped out all gains under tRump. It fell 2,319.92 points to 18,917.46. tRump's inflationary solution: Spend $1.5 Trillion to bailout Wall Street. Would the GOP favor the same move by the President? I bet not. It's all about politics.

Gee whiz, that's just TERRIBLE! If it happened under a Republican president, would it be worse? (hint: YES)

The market is NOT a true indicator of the American economy. It is an indicator of the future wealth of the very rich who invests heavily in stocks. The Average American financial economy is what is in their pockets, not stocks. Look to Trump era. Stocks high but people suffered

GOP caused economic crisis in 2019 w/Covid, used taxpayers $ to pay unverified 3rd party contractors for masks that never came, NO infrastructure plans as you’ve had multiple opportunities, put in a Supreme Court Justice that may have committed rape & worship a sexual assaulter!

And it's called a Recession! Recession! Recession!

20k gone from my 401k

Fox Business Network reported that 10 of the Dow's biggest single-day losses have occurred under the Trump administration.

Holy shit.

More of the Biden Effect. Right, recessionboy? racistjoe joebiden potus

Welp!

4 years of Trump - Dow up 18,000 pts. Less than 2 years of FailureJoe Biden - Dow down 7,000 pts. WalkAwayFromDemocrats

'The proof of the pudding is in the eating' Potus 60Minutes

Remember to thank a Democrat stockmarketcrash

Shocker. Not like half the country was warning about this for 2 years straight. Strong work Libs. Way to think it through.

What about muh inflation reduction act?

'Watch me'

Just an inch, Jack.

Keep it up Biden. He will destroy the United States

Canada Canada Latest News, Canada Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Hong Kong Stocks Falls 2% After Federal Reserve Raises Rates; Bank of Japan Decision AheadAsia markets declined on Thursday after the U.S. Federal Reserve raised interest rates and signaled further hikes ahead.
Source: NBCDFW - 🏆 288. / 63 Read more »

Stocks end lower as global central banks follow Fed in hiking ratesU.S. stocks ended lower Thursday, adding to sharp declines after the Fed on Wednesday delivered a 75 basis point rate hike and signaled significant further tightening ahead. The Dow Jones Industrial Average fell around 108 points, or 0.4%: I received my payout today and i am so excited all thanks to her who made it possible evelyn__anna $82k SUCCESSFULLY HARVESTED THANKS evelyn__anna YOU ARE GOD SENT TO SAVE ME evelyn__anna72 send her a follow for a successful investment Life is an opportunity but it comes for those who extremely have the zeal to achieve it don't sit back and watch others earning greatly just give it a try now evelyn__anna
Source: MarketWatch - 🏆 3. / 97 Read more »

Stocks swing lower after Fed hikes, raises outlook for ratesU.S. stocks gave up gains to turn lower Wednesday afternoon after the Federal Reserve, as expected, raised its fed funds rate by 75 basis points, while also... So, because i paid $100 more on stuff this month, Powell raised the mortgage rates to 6% so my payments increase by $1000 per month....someone please explain this strategy to stupid old me? This only benefits the banks.
Source: MarketWatch - 🏆 3. / 97 Read more »

North Korea denies helping Russia replenish its weapon stocks'We have never exported weapons or ammunition to Russia before and we will not plan to export them,' Pyongyang says, warning the US against spreading 'rumour of arms dealings.'
Source: trtworld - 🏆 101. / 63 Read more »

Dollar towering, stocks cowering as Fed hikes higherThe dollar surged to a fresh two-decade high against major peers and stocks fell on Thursday after the Federal Reserve raised U.S. interest rates and forecast more hikes ahead than investors had expected. Imagine thinking anything other than a United States Dollar has any value whatsoever ❤️Maybe it’s better to control inflation and keep strong dollar than to raise stocks❣️
Source: Reuters - 🏆 2. / 97 Read more »

'Boring is beautiful': Morgan Stanley's Mike Wilson says play it safe with stocksThe strategist says he's staying defensive in light of false dawns in the bear market, and reveals the top attribute he looks for in stocks. FJB Really? GoldmanSuchs is dumping $147 BILLION in stocks !!! That's the reason CNBC is luring bagholders... Really? This StockMarket Bubble would be called FAANG Bubble! Per WarrenBuffett INTRINSIC VALUE formula, based on 2021 annual reports, $FB $AAPL $GOOGL $NFLX are significantly overvalued, but $AMZN is worst of them all - overvalued by 4,046% !!!
Source: CNBC - 🏆 12. / 72 Read more »