Why Is the Stock Market Down? It Knows the Worst Is Yet to Come.

Text size NYSE From a certain point onward, there is no turning back. The stock market reached that point this past week. Oh, the market was hopeful, entering the week, that inflation had reached its peak, that the Federal Reserve would stop raising rates soon, that the bottom was in. But Tuesday’s release of August’s … Read more

FedEx to Close Offices, Park Aircraft After Warning of Sales Shortfall

Updated Sept. 15, 2022 5:42 pm ET Listen to article (1 minute) FedEx said its quarterly revenue fell below its expectations and it was closing offices and parking aircraft to offset declining volumes of packages moving around the world. FedEx shares tumbled 13% on the warning, which came after markets were closed Thursday and about … Read more

Workhorse Stock Sinks After Company Cuts Its Sales Outlook

Text size Workhorse reported a net loss of $21.2 million. Courtesy Workhorse Workhorse Group stock tumbled on Tuesday after the electric-van manufacturer said it expects to sell fewer vehicles than previously expected and cut its revenue guidance for the full year. Workhorse (ticker: WKHS) said in its second-quarter earnings release that “assuming supply chain lead … Read more

Stock Market Today: Dow Futures Slip as Pelosi Goes to Taiwan, BP Surges

Text size House Speaker Nancy Pelosi is set to arrive in Taiwan Tuesday. Chip Somodevilla/Getty Images China isn’t the only one upset about Nancy Pelosi’s visit to Taiwan—the stock market is concerned, too. Dow Jones Industrial Average futures have fallen 176 points, or 0.5%, while S&P 500 futures have declined 0.6%, and Nasdaq Composite futures … Read more

Tesla Ends Streak of Record Quarterly Profits After China Factory Shutdown

Updated July 20, 2022 6:17 pm ET Listen to article (2 minutes) Tesla reported its first sequential decline in quarterly profit in more than a year as it navigates global economic turmoil and recovers from an extended shutdown at its Shanghai assembly plant. The company has felt the sting of supply-chain disruptions, the global chip … Read more

What to Buy Right Now: 42 Picks From Barron’s Roundtable Pros

To everything there is a season: A time to hide in a bunker with a crash helmet on as stock and bond prices plummet, and a time to wade cautiously into the market in search of newly created bargains. If you’ve been reading the Barron’s Roundtable for a few years, or even decades, you already … Read more

China’s Nio halts EV production as COVID lockdowns disrupt its supply chain

Nio Inc., the China-based electric-vehicle maker, over the weekend warned of delivery delays after suspending production due to COVID-19 restrictions that have disrupted its supply chain. “There will be a delay in the delivery of vehicles for many customers in the near future, and we ask for your understanding,” Nio NIO, -1.77% said in a … Read more

China’s Bet on Sending Its Exports Through Russia Hits Setback

Sanctions imposed on Russia are disrupting China’s ambitions to move more exports to Europe, a setback for the $4 trillion effort championed by Chinese leader Xi Jinping to cement his country as the world’s pre-eminent trading partner. Although the European Union has yet to officially ban imports passing through Russia, inbound rail-cargo shipments have all … Read more

European stocks rally as Ukraine’s president cools to NATO membership

European stocks rallied at the start of trade on Wednesday, buoyed by an interview from Ukraine’s president in which he appeared to make major concessions. The Stoxx Europe 600 SXXP, +3.37% rose 2.2% to 424.28, helped by a rally in the beleaguered banking sector. Gainers included BNP Paribas BNP, +9.12%, Adidas ADS, +10.20% and Deutsche … Read more