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10 News @ 11

Watch 10 News for the latest local, statewide and national news, as well as the forecast from Your Local Weather Authority.

LIVE

10 News @ 11

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WALL STREET


7 hours ago

Stocks fall on Wall Street as inflation fears continue to grip investors

"Confidence is going to continue to shrink as long as inflation remains high," said one analyst.

cbsnews.com
10 hours ago

Stocks making the biggest moves midday: Nike, Las Vegas Sands, Boston Beer and more

These are the stocks posting the largest moves in midday trading Tuesday.

cnbc.com
11 hours ago

Migrants found dead in abandoned trailer in San Antonio

Forty-six people were found dead after being abandoned in a tractor-trailer on a remote back road in San Antonio in the latest tragedy to claim the lives of migrants smuggled across the border from Mexico to the U.S. Sixteen people were hospitalized, including four children.

news.yahoo.com
19 hours ago

Asian shares mostly higher after wobbly day on Wall Street

Asian shares are mostly higher after a wobbly day on Wall Street as markets cooled off following a rare winning week.

19 hours ago

World shares mostly higher after wobbly day on Wall Street

Global stocks are mostly higher after a wobbly day on Wall Street as markets cooled off following a rare winning week.

1 day ago

Nike earnings top Wall Street's expectations, despite inflation in the U.S. and Covid lockdowns in China

Nike posted better-than-expected sales and profit for its fiscal fourth quarter.

cnbc.com
1 day ago

SPACs wipe out half of their value as investors lose appetite for risky growth stocks

The proprietary CNBC SPAC Post Deal Index, which is comprised of SPACs that have completed their mergers, has fallen nearly 50% this year.

cnbc.com
1 day ago

The time is ripe for Wall Street layoffs as recession looms and deals boom turns to bust

Banks hired thousands of employees during the pandemic deals boom. They will have to start laying some off soon.

cnbc.com
1 day ago

Stocks slide on Wall Street as inflation worries persist

Stocks slid on Wall Street Tuesday as the market remains gripped by uncertainty over pervasive inflation, rising interest rates and the potential for a recession.

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2 days ago

Stock futures fall slightly following a major comeback week for stocks

Wall Street is set to wrap up the worst first half for stocks in decades this week.

cnbc.com

Stocks rally, driving Wall Street to a rare winning week

Stocks rallied on Wall Street Friday, sending the S&P 500 up 3.1% for its best gain in two years.

Stock futures fall slightly as Wall Street looks to snap losing streak

The major averages are looking to snap three-week losing streaks.

cnbc.com

Wall Street's bubble may be gone, but stocks can still fall

This year's sell-off for Wall Street means stocks no longer look to be in a dangerously overvalued bubble, as some critics had warned.

Asian shares gain, tracking Wall Street advance

Shares are higher in Asia, tracking gains on Wall Street, where the market is headed for its first weekly gain after three weeks of punishing losses.

Stocks making the biggest moves midday: Nike, La-Z-Boy, Altria Group, Coinbase, Dow & more

Check out the companies making headlines in midday trading.

cnbc.com

Asian stocks mixed after Wall St declines on growth worries

Asian stock markets are mixed after Wall Street edged lower amid fears higher interest rates will chill global economic activity.

New analyst reports support our view of Constellation as a great defensive play

STZ

cnbc.com

80% of economists see 'stagflation' as a long-term risk. What it is and how to prepare for it

Stagflation refers to a combination of high inflation and high unemployment. Here's why experts are worried the economy may be susceptible to those conditions.

cnbc.com
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Stocks point to relief rally despite rising recession fears

Investors are wading back in after Wall Street limped out of its worst week since March 2020.

washingtonpost.com

Asian shares mostly lower despite Wall St rally; eyes on Fed

Asian shares are mostly lower as markets shrug off a Wall Street rally and await the congressional testimony of Federal Reserve Chair Jerome Powell.

U.S. has 40% chance of tumbling into recession next year, Wall Street analysts say

Bank of America economists say the Federal Reserve "fell way behind the curve" in trying to curb inflation

cbsnews.com

Friday is a 'triple-witching' day for markets. Here's what it means for you

A so-called triple witching happens once each quarter — always on the third Friday of the last month of a quarter.

cnbc.com

Look for more selling pressure next week as investors learn the hard way not to fight the Fed

After a brutal week for markets, Fed Chair Jerome Powell will testify before Congress about the central bank's increasingly aggressive plan to fight inflation.

cnbc.com

Stocks stem losses but remain on track for worst week since March 2020

Investors are still grappling with the Fed’s momentous decision to raise interest rates by three-quarters of a percentage point. Portfolios spanning nearly every sector have suffered losses, and color coded grids showing the wins and losses of stocks flashed a solid wall of red. Higher interest rates are designed to strong-arm American consumers to spend less of their money, cooling demand for products and services. Richard Saperstein, chief investment officer of Treasury Partners, said the market is reacting to the uncertainty over the Fed’s efforts to tame inflation. AdvertisementAs Wall Street whipsaws, gas prices continue to spike while inflation has yet to peak, according to the latest data that may have surprised policymakers hoping for cooling prices.

washingtonpost.com

Asian stocks follow Wall St lower on economy fears

Asian stock markets are mostly lower after Wall Street fell on fears interest rate hikes will depress global economic activity.

Wall Street closes worst week since 2020 with slight gain

Wall Street closed out its most punishing week since the 2020 coronavirus crash with a meandering day of trading Friday that left it a bit higher.

Stock futures rise slightly as S&P 500 is poised for worst week since March 2020

The S&P 500 is down 6% for the week, which would be its worst weekly performance since the start of the pandemic in March 2020.

cnbc.com
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The Dow Jones sinks below 30,000 as fears about a recession grow

Stocks sank a day after the Federal Reserve delivered its biggest rate hike since 1994.

npr.org

Worried about your 401(k)'s nosedive? Here are the implications of a bear market

Champlain College Director of Financial Literacy John Pelletier discusses whether we're officially in a bear market and what to do about it.

news.yahoo.com

Asian shares gain after Fed assurance on rates lifts Wall St

Asian shares have advanced after the Federal Reserve raised its key interest rate by three-quarters of a point and signaled more rate hikes were coming to fight inflation.

'Never been more optimistic': Biden reassures Americans as inflation soars

During a speech to union workers in Philadelphia, President Joe Biden reassured Americans as gas and food prices continue to rise.

news.yahoo.com

Stocks continue to wobble a day after S&P falls into bear market

Volatility follows Monday's turmoil which brought panic among many worried about their 401(k) retirement savings​.

cbsnews.com

Cramer says Tepper believes now is not the time for investors to try to be a hero

CNBC's Jim Cramer on Tuesday discussed a recent conversation he had with legendary hedge-fund manager David Tepper.

cnbc.com

Wall Street Slips Into A Bear Market; Here’s What That Means

The last bear market happened just two years ago, but this would still be a first for investors who got their start trading during the pandemic.

newsy.com

Wall Street Slips Into A Bear Market; Here’s What That Means

The last bear market happened just two years ago, but this would still be a first for investors who got their start trading during the pandemic.

www3.newsy.com

US futures point to a bear market; here’s what that means

Wall Street looks like it will open the week with more losses, with the S&P 500 falling to a level that market observers consider to be a so-called bear market.

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Wall Street is in a bear market. Here's what that means for your money.

The S&P 500 hit a bear market for the first time in two years as stocks face "their worst start to a year in decades."

cbsnews.com

'Not here. Not now. Not ever': NY gov signs laws protecting abortion patients, providers

Gov. Kathy Hochul signed the laws in anticipation of the Supreme Court possibly overturning Roe v. Wade.

news.yahoo.com

History says these stocks still aren't cheap despite big market sell-off

These stocks are falling, but still trading above their historical price-to-earnings ratios.

cnbc.com

Jan 6. hearing: Former Fox News editor Chris Stirewalt defends​ election night call for Arizona

Appearing at Monday's House select committee hearing on the Jan. 6 attack on the U.S. Capitol, former Fox News politics editor Chris Stirewalt defended the network's decision to announce that Joe Biden was projected to win in Arizona on election night in 2020. Stirewalt also told committee members, "You're better off to play the Powerball" than for the results to have changed after Biden had been projected the winner nationwide on Nov. 7, 2020.

news.yahoo.com

Stocks sink, sending the S&P 500 to a bear market once again

Stocks fell sharply on Monday after a stronger-than-expected inflation report spooked investors. The S&P 500 entered a bear market once again after briefly dipping into one last month.

npr.org

The S&P 500 is in a bear market; here’s what that means

Wall Street opened the week with heavy losses that put the benchmark S&P 500 at a level considered to be a so-called bear market.

US futures point to a bear market; here’s what that means

Wall Street looks like it will open the week with more losses, with the S&P 500 falling to a level that market observers consider to be a so-called bear market. Rising interest rates, high inflation, the war in Ukraine and a slowdown in China’s economy have led investors to reconsider what they’re willing to pay for a wide range of stocks, from high-flying tech companies to traditional automakers. The last bear market happened just two years ago, but this would still be a first for those investors that got their start trading on their phones during the pandemic.

news.yahoo.com

Stocks poised to open sharply lower amid inflation fears

Surging U.S. consumer prices have investors "wallowing in a hole of despair," one Wall Street analyst said.

cbsnews.com

Bear market hits Wall Street as stocks, bonds, crypto dive

Wall Street tumbled into a bear market Monday after fears about a fragile economy sent the S&P 500 more than 20% below its record set early this year.

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Stock futures fall after Wall Street’s worst week since January

U.S. stock futures fell Sunday night as Wall Street tries to recover from one of its worst weeks of 2022.

cnbc.com

Inflation Finally Drives a Stake Through ‘Transitory’

Expectations about the pace of price growth had been one of Fed Chair Jerome Powell’s top assets. Now they may be turning into a liability.

washingtonpost.com

Stocks making the biggest moves premarket: DocuSign, Vail Resorts, Stitch Fix and others

These are the stocks posting the largest moves before the bell.

cnbc.com

Stocks dive to another losing week as inflation worsens

Wall Street’s shuddering realization that inflation got worse last month, not better as hoped, sent markets reeling on Friday.

Stock futures rise slightly ahead of Friday's key inflation report

Investors are looking ahead to a key inflation report, due out Friday morning.

cnbc.com

The market is worried that oil's continued rise may cause a recession, Cramer says

"As long as oil prices keep climbing, it's hard to make the case for a soft landing," the "Mad Money" host said.

cnbc.com

Stocks fall as trading wobbles along with investors' confidence in economy

Trading remains choppy as investors try to determine how rising interest rates and inflation will impact economy.

cbsnews.com

Stock futures dip following two straight days of gains on Wall Street

Investors shrugged off some signs of an economic slowdown ahead of a key inflation reading.

cnbc.com

Asian markets mixed after Wall St bond sell-off

Asian stock markets are mixed following a bond sell-off on Wall Street amid anxiety about higher U.S. interest rates.

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Book review of “After Steve: How Apple Became a Trillion-Dollar Company and Lost Its Soul” by Tripp Mickle

Book review of “After Steve: How Apple Became a Trillion-Dollar Company and Lost Its Soul” by Tripp Mickle

washingtonpost.com

Asian shares rise, China trading closed for national holiday

Asian shares have risen amid mixed signs for investors such as rising energy prices and COVID-19 restrictions easing in China.

Stocks sink as Wall Street eyes downside of solid jobs data

Stocks ended another bumpy week with more losses Friday as investors considered the downside of the still-strong U.S. jobs market.

Cloud stocks mount big rally led by UiPath, as investors bet tech valuations have bottomed

UiPath surged after raising its guidance, and the basket of cloud software stocks had one of its best days of a very rough year.

cnbc.com

Lululemon raises guidance for the year as earnings and sales beat expectations

Lululemon expects the momentum in its business to continue in spite of broader economic headwinds.

cnbc.com

Stocks slide as strong economic data raises rate worries

Asian shares are mostly lower, echoing a decline on Wall Street as investors fret about higher interest rates and rising coronavirus cases in parts of the region.

Public drinking will soon be allowed in a designated area in downtown Roanoke

People will soon be able to drink outdoors in certain areas of downtown Roanoke.

Saudi Arabia’s Chief Oil Whisperer Spills Some of His Secrets

A new book lifts the veil on Saudi Arabia’s efforts to steer oil prices in the past four decades.

washingtonpost.com

Stock futures rise slightly ahead of first day of June

The Dow and S&P 500 finished May little changed despite major swings during the month.

cnbc.com
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Victoria's Secret quarterly profit beats Wall Street estimates in spite of challenging backdrop

Victoria's Secret said in prepared remarks that it navigated "significant supply chain headwinds" in the quarter while also lapping federal stimulus benefits from the year-ago period.

cnbc.com

Stocks slip after EU agrees to partial ban on Russian oil

Investors retreat as global crude prices jump on European Union plan to embargo most Russian oil exports.

cbsnews.com

S&P 500 futures rise following last week's bounce

Investor sentiment lifted last week on solid retail earnings and an inflation report that showed prices could be easing.

cnbc.com

Global stocks rise after Wall St breaks string of declines

Global stocks and U.S. futures are higher after Wall Street rebounded from a seven-week string of declines and China eased anti-virus curbs on businesses in Shanghai and Beijing.

Asian stocks rise after Wall St breaks string of declines

Asian stocks are higher after Wall Street rebounded from a seven-week string of declines and China eased anti-virus curbs on business activity in Shanghai and Beijing.

Wall Street breaks 7-week losing streak — longest since 2001

Investors cheered by economic data showing that inflation slowed in April for the first time since November 2020.

cbsnews.com

Dow poised to snap 8-week losing streak

The three major U.S. indexes are all flashing green in premarket trading.

washingtonpost.com

Stocks making the biggest moves premarket: Big Lots, Hibbett, Pinduoduo and others

These are the stocks posting the largest moves before the bell.

cnbc.com

Asian shares' rise broadly cheered by US earnings, rally

Asian shares are gaining as investors cheered a strong set of earnings from retailers that sent U.S. shares higher.

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Wall Street breaks 7-week losing streak, longest since 2001

Stocks rose on Wall Street Friday and closed higher for the week, breaking a seven-week losing streak, the longest such stretch since 2001.

Stocks making the biggest moves after hours: Ulta, Gap, Dell and more

See which stocks are posting big moves after the bell.

cnbc.com

Asian stock markets mixed after Wall St sinks further

Asian stock markets are mixed after Wall Street sank on weak U.S. housing sales and a profit warning by a prominent social media brand.

Asian shares mostly lower as inflation worries cloud outlook

Asian shares are mostly lower as worries over inflation temper optimism over President Joe Biden’s remark that he was considering reducing U.S. tariffs on Chinese imports.

Asian shares mixed after Wall St barely misses bear market

Shares are mixed in Asia in cautious trading after Wall Street rumbled to the edge of a bear market on Friday.

Asian stocks rise after Wall St slips closer to bear market

Asian stock markets have advanced after Wall Street fell closer to bear territory, China cut a key interest rate and Japanese inflation rose.

Final-hour rally yanks Wall Street from maw of bear market

Wall Street rumbled to the edge of a bear market Friday after another drop for stocks briefly sent the S&P 500 more than 20% below its peak set early this year.

US stocks got close to a bear market. Here’s what that means

The stock market’s slump this year briefly pulled the S&P 500 into what’s known as a bear market Friday, before a late rally put the index in the green.

Asia stocks mixed after Wall St gain, Powell warns on rates

Asian stock markets are mixed after Wall Street rose and the Federal Reserve's chairman said it will raise interest rates further if needed to cool inflation.

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Stocks rally, but still mark their 6th straight losing week

Stocks ended another bumpy week with a gain Friday, but not enough to keep the market from lodging its sixth weekly drop in a row, the longest such streak since 2011.

Asian stocks mixed, China gains ahead of US price data

Shares are mixed in Asia with Chinese benchmarks pressing higher after a rally in technology companies helped reverse most of an early slide on Wall Street.

Asian stocks follow Wall St down on rate hike, economy fears

Asian stocks have followed Wall Street lower as fears increased that U.S. rate hikes to fight inflation might stall economic growth.

DoorDash sales soar in Q1, but costs grow as well

DoorDash sales soared in the first quarter as it added new users.

Asian stocks rise after Fed chair downplays bigger rate hike

Asian stock markets have followed Wall Street higher after the Federal Reserve chairman downplayed the likelihood of bigger rate hikes following the U.S. central bank’s biggest increase in two decades.

Asian stocks follow Wall St down as rate hike worries grow

Asian stocks have followed Wall Street lower as fears spread that U.S. interest rate hikes to fight inflation might stall economic growth.

Tech stocks sink again, Nasdaq has worst month since 2008

More steep losses for technology stocks pushed the S&P 500 down 3.6% on Wall Street Friday.

Robinhood's revenue fell more than expected at year's start

Growth slammed into reverse at the start of this year for Robinhood Markets, whose trading app has turned millions of people into investors for the first time.

Asian shares mostly higher after tech-led rebound on Wall St

Stocks are mostly higher in Asia after a rally on Wall Street led by technology companies.

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Asian shares decline after Fed chief's comments on inflation

Asian shares have mostly retreated, tracking losses on Wall Street after Federal Reserve Chair Jerome Powell indicated increases in interest rates must be faster to fight inflation.

Stocks stumble 2.8% as worries about interest rates worsen

Stocks slumped on Wall Street Friday, leaving the S&P 500 with its biggest one-day loss in almost seven weeks, as worries deepen about a surge in interest rates and the U.S. central bank's efforts to fight inflation.

Asian indexes mixed in choppy trading, echoing Wall Street

Asian shares are mixed in choppy trading, as inflation worries and the war in Ukraine had investors partly optimistic while staying cautious.

JPMorgan profits drop 42%, bank writes off Russian assets

JPMorgan Chase said its first quarter profits dropped by 42% from last year, partly because the bank had to write down nearly $1.5 billion in assets due to higher inflation and the Russian-Ukrainian War.

Asian stocks follow Wall St down amid US interest rate fears

Asian stock markets are lower after the Federal Reserve indicated it might raise interest rates more aggressively to cool U.S. inflation.

Asian shares mostly lower after tepid gains on Wall Street

Asian shares are mostly lower as investors eye the war in Ukraine and what the world’s central banks might do to keep inflation in check.

Asia stocks decline amid worries over US rate hikes, Russia

Asian stocks have followed Wall Street lower after a Federal Reserve official’s comments fueled expectations of more aggressive U.S. rate hikes and the White House announced more sanctions on Russia.

Oil prices up, Asian shares slip after tech rally on Wall St

Shares are mostly lower in Asia and oil prices have risen after a tech-driven rally on Wall Street.

Even as inflation bites, corporate profits remain flush

What’s immune to high inflation.

Asian shares higher ahead of Russia-Ukraine peace talks

Asian shares are mostly higher ahead of another round of peace talks between Russia and Ukraine.

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