Monday

Wolfspeed CEO: Breaking ground on Monday to do things that are unprecedented

Minutes after making the announcement that Wolfspeed would invest in a huge new manufacturing plant in Chatham County, CEO Gregg Lowe talked to WRAL’s Debra Morgan about why the company chose to locate this new plant in North Carolina and what sets the tech to be built there apart. North Carolina pays $1B price to land Wolfspeed …

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Here’s what’s behind the Monday sell-off, including one unusual and new reason

This is the daily notebook of Mike Santoli, CNBC’s senior markets commentator, with ideas about trends, stocks and market statistics. The tests of the summer rebound in stocks are coming from all the familiar sources. After stopping on a dime at the 200-day moving average, the S & P 500 has pulled back to below …

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More than 500 US flights canceled and more than 2,000 delayed on Monday

According to the flight tracking website FlightAware, about 500 US flights had been canceled by midday Monday. On Sunday, 950 flights were canceled.More than 2,000 flights had been delayed across the United States by midday Monday after more than 8,000 were delayed Sunday.Chicago O’Hare International Airport was struggling on Monday for a second day, with …

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5 things to know before the stock market opens Monday, July 25

U.S. Federal Reserve Board Chairman Jerome Powell takes questions after the Federal Reserve raised its target interest rate by three-quarters of a percentage point to stem a disruptive surge in inflation, during a news conference following a two-day meeting of the Federal Open Market Committee (FOMC) in Washington, June 15, 2022.Elizabeth Frantz | ReutersHere are …

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SAS and pilots to resume negotiations on Monday after 14 days of strike

SAS airplanes are parked at the Oslo Airport Gardermoen, as Scandinavian airlines (SAS) pilots go on strike, Norway July 4, 2022. Beate Oma Dahle/NTB via REUTERS Register now for FREE unlimited access to Reuters.comRegisterSTOCKHOLM, July 17 (Reuters) – Ailing Scandinavian airline SAS (SAS.ST) and striking pilot unions will resume negotiations on Monday, public broadcaster NRK …

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Stock index futures inch higher following a losing day Monday

Stock futures rose slightly in overnight trading Monday following a losing day as investors prepare to rebalance their portfolios with the end of the quarter fast approaching.Futures on the Dow Jones Industrial Average gained 36 points. S&P 500 futures edged up 0.2% and Nasdaq 100 futures rose 0.3%.The overnight action followed modest losses on Wall …

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