News Formal

Stocks end another up-and-down day with mixed results

  • 📰 latimes
  • ⏱ Reading Time:
  • 41 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 20%
  • Publisher: 82%

Malaysia News News

Malaysia Malaysia Latest News,Malaysia Malaysia Headlines

Another wobbly day on Wall Street ended Monday with an uneven finish for the major stock indexes as losses by communication and technology companies kept gains elsewhere in the market in check.

Even the most dominant corporations have confronted the limits to their life spans. Can Meta outrun its fate?Travel-related companies also gained ground. Carnival rose 7.8%, Royal Caribbean gained 8.4% and American Airlines added 5%.

Investors are still gauging the effects of rising inflation on businesses and consumers while remaining cautious about the Federal Reserve’s plan to fight inflation. Wall Street will get another key update on inflation Thursday with the Labor Department’s report on consumer prices for January. Investors have another busy week reviewing the latest corporate report cards. Meat producer Tyson Foods rose 12.2% after reporting strong results.

Besides earnings, several companies gained ground on buyout news Monday. Spirit Airlines jumped 17.2% after Frontier Airlines’ parent company agreed to buy the carrier in a deal worth $2.9 billion.Frontier Airlines’ parent company is buying Spirit Airlines in a $2.9-billion deal to increase the airlines’ competitiveness against larger rivals.

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:

 /  🏆 11. in MY
 

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

a message from Poland

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines

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

Stocks making the biggest moves in the premarket: Spirit Airlines, Peloton, Energizer and moreThe stocks making the biggest moves in premarket trading include Spirit Airlines, Peloton, Energizer, and more.
Source: CNBC - 🏆 12. / 72 Read more »

Momentum Is Growing to Ban Congress Members From Trading StocksSenate Majority Leader Chuck Schumer is reportedly instructing fellow Democrats to unite behind a proposal led by Sen. Jon Ossoff to ban members of Congress from trading stocks. 🤞
Source: truthout - 🏆 69. / 68 Read more »

Spanberger, Roy to support ban on members of Congress' 'inappropriate' ability to trade stocksHouse Democrats are split on the issue of whether members of Congress should be restricted from owning or trading stocks, with moderate Rep. Abigail Spanberger becoming the latest to voice her support and urge the consideration of legislation to block what she called an “inappropriate” practice.
Source: FoxBusiness - 🏆 458. / 53 Read more »

Stocks Making the Biggest Moves After Hours: Take-Two, Simon Property, Chegg & MoreCheck out the companies making headlines in after hours trading.
Source: nbcchicago - 🏆 545. / 51 Read more »

Goldman Sachs names 4 global stocks it thinks will deliver superior returnsThese stocks look inexpensive and should beat earnings expectations, according to Goldman Sachs. BTC, BTC and BTC 🤡 $joby
Source: CNBC - 🏆 12. / 72 Read more »

Asian stocks drift lower as US yields renew two-year high, China equities portray trade fearsAsian stocks drift lower as US yields renew two-year high, China equities portray trade fears By anilpanchal7 Asia TradeWar RiskAppetite Inflation Equities
Source: FXStreetNews - 🏆 14. / 72 Read more »