Score one for a business that can effectively respond to a detractor. NuScale Power (NYSE: SMR) saw its share price rise by over 6% on Tuesday following a feisty punch-back from the company. Its response to a highly critical short-seller report was celebrated by the market, with
Australia's Woolworths Group reported a 5.3% jump in first-quarter group sales on Wednesday, helped by resilient demand and moderating inflation in its food businesses.
The October and December contracts were firmer after the sharp drop to start the week, while the back months were down by 12 to 47 cents. Feeders continued lower with 37 to 85 cent losses. October feeders were $1.80 stronger ahead of Thursday expiration. USDA reported some light cash action...
Lean hog futures finished the Tuesday session with $0.65 to $1.22 losses. Dec finished opposite to the market with a 20c gain on the day. Dec is still at a $3.10 discount to Feb. The National Average Base Hog price for Tuesday afternoon was 84c weaker at $72.58. The 10/20...
Nearby cotton futures ended 49 to 91 points in the red. December futures are now at a net 53 point gain for the week. Weekly Crop Progress data from NASS showed 90% of cotton bolls were open as of 10/22, and harvest was 41% finished at the national level. Cotton...
The turnaround Tuesday session in the wheat market left Chicago futures 1% in the red and back to net lower for the week’s move. The KC HRW futures market closed down by 7 ¾ to 8 ¾ cents. Spring wheat finished the session 9 ¼ to 9 ¾ cents lower...
Front month corn futures ended the session with 4 ½ to 6 ¼ cents in the red. December is now down 49 cents over the past 3 sessions. Weekly NASS data showed the national corn harvest advanced 14% points to 59% complete. That is 5% points ahead of the 5-yr...
The front month Soymeal futures ended the session with 2.3% to 3.2% gains. That propped the soybean market up to finish the session 3 to 9 cents higher. November stayed under the $13 mark at the session high. Soybean Oil futures were 62 to 72 points lower on the day....
The 2023 holiday shopping season has arrived for retailers and brands and is well underway. Marketing strategies, inventory levels, and resources are in place.
Shares of Redfin (NASDAQ: RDFN) were moving higher Tuesday after the online real estate brokerage announced a financing deal with Apollo Captial Management. The move will help Redfin build capital during a tough time in the real estate market, and investors applauded the increase
Wall Street gained ground on Tuesday as a spate of solid corporate earnings and upbeat forecasts stoked investor risk appetite and prompted a broad rally.
In afternoon trading on Tuesday, Utilities stocks are the best performing sector, higher by 2.2%. Within that group, NextEra Energy Inc (Symbol: NEE) and AES Corp (Symbol: AES) are two large stocks leading the way, showing a gain of 6.9% and 3.7%, respectively. Among utilitie
In afternoon trading on Tuesday, Energy stocks are the worst performing sector, showing a 0.7% loss. Within that group, Hess Corp (Symbol: HES) and Halliburton Company (Symbol: HAL) are two of the day's laggards, showing a loss of 2.7% and 2.4%, respectively. Among energy ETF