AST SpaceMobile shares were down more than 9% in Monday’s midday trade after SpaceX agreed to acquire spectrum from EchoStar in a deal valued at $17 billion.
U.S. stocks edged higher Monday as investors positioned for a busy week of economic reports leading up to next week's Federal Reserve meeting. HOOD shares are climbing. Check the market position here.
The week’s inflation readings are the final pieces of the economic puzzle that the central bank would consider ahead of the September 16-17 Federal Reserve’s rate-setting meeting.
A rather disappointing jobs report is challenging Wall Street's optimism over looming rate cuts, as labor market weakness stirs fresh concerns about the economy.
Risk appetite returned to Wall Street on Thursday, as signs of labor market cooling in August cemented expectations that the Federal Reserve will begin cutting interest rates at its Sept. 17 meeting.
Among the economic catalysts for Wednesday’s session will be the Bureau of Labor Statistics’ Job Openings and Labor Turnover Survey results for July and the Federal Reserve’s Beige Book report.
Wall Street stumbled on Tuesday, with broad losses by midday in New York as investors turned risk-off amid mounting concerns over lofty valuations, seasonal headwinds and fiscal strains.
