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The Nasdaq Composite Index is off roughly 12% from its highs in November and is in correction territory. Long-time investors in the market know that a correction offers an opportunity to buy quality stocks at bargain prices. No one can predict for sure how long or deep the correc

Goodyear Tire GT reported fourth-quarter 2021 adjusted earnings per share of 57 cents, surpassing the Zacks Consensus Estimate of 27 cents. The bottom line also increased 29.5% from the year-ago figure of 44 cents. High sales volumes across all segments, thanks to Cooper

U.S. stock indexes were set to open lower on Monday amid concerns about higher interest rates, while comments from a Russian official eased worries about a possible invasion on Ukraine.

Magna International MGA reported fourth-quarter 2021 adjusted earnings of $1.30 per share, declining 54% from $2.83 in the year-ago quarter. The bottom line topped the Zacks Consensus Estimate of 83 cents. Higher-than-expected EBIT across all segments led to the outperfor

Consumer stocks were slipping premarket Monday. The Consumer Staples Select Sector SPDR Fund (XLP) was 0.13% lower and the Consumer Discretionary Select Sector SPDR Fund (XLY) was recently declining by 0.03%.

American Axle & Manufacturing Holdings AXL incurred a loss of 9 cents per share in fourth-quarter 2021. The Zacks Consensus Estimate was pegged at earnings of 4 cents. The bottom line plummeted 118% from 51 cents a share earned a year ago. The company generated quarte

Investors might end up with a severe case of whiplash trying to keep time with the stock market's gyrations. In 2020, it took the S&P 500 just six months to make up all the ground lost during its collapse at the start of the pandemic, and then it quickly went on to set new re

Wall Street futures slid on Monday, as rising geopolitical tensions between Russia and the West posed a double whammy for investors already worried about aggressive policy tightening by the Federal Reserve to combat surging inflation.

Wall Street has been reeling under severe volatility since the beginning of this year after performing impressively in the last two pandemic-ridden years. Anticipation of a tougher-than-expected stand by the Fed in March to combat soaring inflation has dented investors’ c

Launched on 10/21/2013, the Fidelity MSCI Consumer Discretionary Index ETF (FDIS) is a passively managed exchange traded fund designed to provide a broad exposure to the Consumer Discretionary - Broad segment of the equity market.

U.S. stock index futures fell nearly 1% on Monday, pointing to a fresh round of declines on Wall Street with investors rattled by warnings that Russia could invade Ukraine at any time.

U.S. electric vehicle maker Tesla Inc sold 59,845 China-made vehicles in January, the China Passenger Car Association (CPCA) said on Monday.

U.S. electric vehicle maker Tesla Inc sold 59,845 China-made vehicles in January, the China Passenger Car Association (CPCA) said on Monday.

Electric pick-up truck startup Rivian stock (NASDAQ: RIVN) has stabilized a bit after seeing a big sell-off since its November IPO. The stock has gained almost 20% over the last two weeks (about 10 trading days) although it still remains down by about 16% from its IPO price. So w

Shares of U.S.-listed Chinese tech companies traded lower in Hong Kong on Monday, dragging the benchmark Hang Seng Index into negative territory. 

 

Stock Movement (+/-) Xpeng Inc. (NYSE: XPEV) -5.3% Li Auto Inc. (NASDAQ: LI) – -3.9% JD.com Inc. (NASDAQ: JD) -3.2% Alibaba Group Holding Limited (NYSE: BABA) -2.8% ​​​​​​​Baidu Inc. (NASDAQ: BIDU) -2.3% ​​​​​​​Tencent Holdings Limited (OTC: TCEHY) -1.6%

Why Is It Moving? ​​​​​​​ Alibaba said Friday it will announce its December quarterly results on Thursday, Feb. 24. Investors will closely scrutinize how Beijing’s regulatory crackdown and weak consumer spending in China impacted the Chinese e-commerce giant’s earnings results.

Li Auto — which competes with local rivals Xpeng and Nio Inc. (NYSE: NIO) as well as market leader Tesla Inc. (NASDAQ: TSLA) — aims to double production to about 200,000 electric vehicles a year at its Changzhou plant in China, it was reported on Friday.

See Also: How To Buy Xpeng Motors (XPEV) Stock

The Hang Seng Index was down 1.1% at the time of writing, amid worries about the surge in coronavirus infections in Hong Kong and its potential impact on the economy.

A potential Russian invasion of Ukraine also weighed on sentiment.

Hong Kong is considering imposing “district lockdowns” to cut off transmission chains after the financial hub reported about 2,000 suspected COVID-19 cases on Sunday, the South China Morning Post reported.

Shares of Chinese companies closed lower in U.S. trading on Friday after the major averages ended sharply lower amid concerns about a potential Russian invasion of Ukraine.

Read Next: Elon Musk Tweets Jibe At NHTSA, Says 'Fun Police' Made Him Carry Out Latest Tesla Recall

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