Dumbo Market signs lease at Jasper on Hunter’s Point waterfront
Jasper, a large mixed-use project under construction on the Hunters Point waterfront, has made a big splash on the retail portion. Gourmet grocery store Dumbo Market, currently operating as Urban Market in a building across the street, has signed a lease for a 13,500-square-foot store on the ground floor of Jasper. Because Dumbo Market will […]
2 major market themes that could make or break stocks after this week's rally – CNBC
Wall Street stumbled significantly on Friday, but still posted strong weekly gains. The strong four-game winning streak that pushed the Dow Jones Industrial Average and S&P 500 to all-time highs on Thursday was helped by a positive update from the Federal Reserve this week. The Nasdaq rose slightly on Friday, but ended this week with […]
Dow Jones Futures: Dovish Fed, Nvidia-Led AI Boom Keep Driving Stock Market; 3 Stocks Near Buy Points – Investor's Business Daily
Dow Jones futures will open alongside S&P 500 futures and Nasdaq futures on Sunday night, after major indexes posted big weekly gains to new record highs. X The stock market can be very simple. Two major factors have been driving the market rally since the end of October: expectations for Fed interest rate cuts and […]
Crypto Market Sees Red as Bitcoin, Ethereum, Solana Dip Ahead of Halving – Decrypt
Cryptocurrency markets opened Friday covered in red. Several coins, including Bitcoin, Ethereum, and Solana, fell in morning trading. This could be a sign of increased volatility ahead of Bitcoin’s halving, as traders try to determine whether they have priced in this event correctly. And as Bitcoin progresses, other markets generally follow suit. According to CoinGecko, […]
Mortgage rates crawl toward 7% but market optimistic: Freddie Mac
Higher mortgage rates weren’t enough to dampen the mood in the housing market last week. (iStock) Mortgage rates hit a new high this week, but the slow rise to 7% does not dampen hopes for home construction and lower borrowing costs this year, Freddie Mac said. The average interest rate on a 30-year fixed-rate mortgage […]
Trump’s Truth Social likely to get stock market approval, potentially netting him billions
Truth Social CEO and former congressman Devin Nunes denied speculation that former President Donald Trump would no longer be an exclusive member of the platform. Former President Trump will find out Friday whether his social media platform, Truth Social, will be given the green light to trade on the Nasdaq stock market. The vote will […]
Stock Market Today: Dow Jones Slips Ahead Of Powell Speech; Tesla Dives On Production Cut – Investor's Business Daily
Dow Jones futures and other major indexes fell following the market’s new record session, as Federal Reserve Chairman Jerome Powell was scheduled to speak again on Friday. Meanwhile, the electric vehicle leader is tesla (TSLA) fell on the stock market today after it was reported that the company had cut production at its Chinese factory. […]
Jobless Claims Crawl Along at 210,000, Defying Expectations for a Softer Labor Market
Thursday’s weekly report on jobless claims showed that employers’ appetite for workers remains undiminished. The number of people applying for unemployment benefits last week fell to 210,000, slightly lower than the previous week’s 212,000. By historical standards, this is a very low-level claim. The number of new unemployment insurance claims since the beginning of the […]
Dow Jones Futures: Market Fades On Sour Apple, 11 Stocks Flash Buy Signals; FedEx Jumps Late – Investor's Business Daily
Dow Jones futures rose slightly last night, along with S&P 500 futures and Nasdaq futures. fedex (FDX), lululemon athletica (Lulu) and the Dow Giant Nike (NKE) reported after the market close. X Stock market gains narrowed after major indexes hit record highs on Thursday morning. micron technology (Mu) and broadcom (AVGO) led to the top […]
Nike cutting back on classic shoes after losing market share to newer rivals
Nike on Thursday warned that sales will shrink by a low-single-digit percentage in the first half of fiscal 2025 as the world’s largest sportswear maker scales back its franchise operations to cut costs. Nike’s warning was issued after the stock market closed, and its stock price fell 5.6% in extended trading. Executives acknowledged that Nike’s […]