These are the stocks posting the largest moves midday.
Fed’s Raphael Bostic expects rate cuts to happen in the third quarter
The Atlanta Fed president said a “golden path” economic scenario is getting closer than many Fed officials had expected.
New Morgan Stanley CEO is ‘super bullish’ on hitting financial targets
The pivot to wealth management boosted Morgan Stanley’s valuation beyond rivals including Goldman Sachs, but more recently growth concerns have stymied shares.
Weekly jobless claims post lowest reading since September 2022
Initial filings for unemployment insurance totaled 187,000 for the week ended Jan. 13.
Government shutdown could disrupt upcoming tax season, IRS commissioner says
A government shutdown could disrupt the upcoming tax season, according to IRS Commissioner Danny Werfel. Here’s what filers need to know.
Stocks making the biggest moves premarket: Discover Financial Services, Spirit Airlines, Humana, Hertz and more
These are the stocks posting the largest moves in premarket trading.
Deutsche Bank CEO says acquisitions not a ‘priority’ as Commerzbank rumors swirl
Deutsche Bank CEO Christian Sewing said that merger and acquisition activity is not a priority, as speculation resurfaces over the future of rival Commerzbank.
Watches of Switzerland shares plunge 30% after guidance cut
Watches of Switzerland shares plummeted on Thursday morning after the luxury watch retailer cut its guidance for fiscal 2024.
Barclays CEO says difference in Labour and Conservative economic policy is ‘fairly minimal’
The difference between the Conservatives and Labour on economic policy is “fairly minimal,” Barclays CEO C.S. Venkatakrishnan said Thursday.
Stocks making the biggest moves after hours: Discover, Alcoa, Talos Energy and more
These are the stocks posting the largest moves in extended trading.