Category: sink

  • CSX Q4 profits sink on lower coal and fuel revenue, hurricane-related costs

    (Photo: Shutterstock/Wangkun Jia) CSX’s revenues and profits declined in the fourth quarter because growth in cargo and intermodal traffic was not enough to offset sharp declines in coal and fuel revenues. The impact of a pair of hurricanes—both of which affected interconnected traffic to and from Florida, a high for…

  • Dow, S&P 500, Nasdaq futures sink as jobs report blows past expectations

    US stock futures fell on Friday as cautious investors digested a final 2024 jobs report that smashed previous expectations on employment, raising more uncertainty about the path of interest rates this year. Dow Jones Industrial Average futures (YM=F) fell approximately 0.7%, while S&P 500 futures (ES=F) fell 0.8%. Contracts on…

  • Dow, S&P 500, Nasdaq futures sink as jobs report blows past expectations

    US stock futures fell on Friday as cautious investors digested a final 2024 jobs report that smashed previous expectations on employment, raising more uncertainty about the path of interest rates this year. Dow Jones Industrial Average futures (YM=F) fell approximately 0.7%, while S&P 500 futures (ES=F) fell 0.8%. Contracts on…

  • Tech Stocks Sink as War Jitters Fuel Rush to Bonds: Markets Wrap

    (Bloomberg) — Stock markets were hammered by a broad selloff in the world’s biggest technology companies ahead of key central bank decisions. Bonds and gold rose as traders rushed to safe havens amid geopolitical risks. Oil remained lower. Most Read from Bloomberg The Israeli military struck Beirut, targeting a Hezbollah…

  • Asian stocks sink as rate jitters mount ahead of CPI data, Fed By Investing.com

    Investing.com — Asian stocks mostly fell on Wednesday on anticipation of more signals on inflation and the Federal Reserve, while reports of more US trade scrutiny against China also weighed on sentiment. Regional stocks received a few positive signals from record closing levels in the and , which were mainly…

  • US futures sink as rising Treasury yields rattle nerves

    Dow Jones futures fell more than 200 points as US stocks entered the red on Wednesday, after a rise in Treasury yields unnerved investors already considering whether the latest data will change the direction on interest rates. Dow Jones Industrial Average (YM=F) and S&P 500 (ES=F) futures fell 0.6%, after…

  • Did A Dogecoin Whale Sink The DOGE Ship? $30M Mystery

    Dogecoin (DOGE), the meme-inspired cryptocurrency with a loyal following, has been riding a wave of optimism lately. Over the past week, its price has risen by almost 8%, much to the delight of investors. However, the recent move by a major DOGE holder has cast uncertainty over the future price…