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Live stock market news: Investors dump U.S. stocks, oil falls below $80 level hitting energy stocks

Trump-linked SPAC merger loses support from PIPE investorsInvestors are pulling out of the deal by Digital World Acquisition to combine with Trump Media & Technology Group, a regulatory filing said.The moves come ahead of an October 10 special meeting of stockholders to approve the deal. The special purpose acquisition company (SPAC) said it received termination …

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SAVA Stock Rockets After SEC Clears Data Manipulation Case

The Securities and Exchange Commission reportedly cleared an investigation into Cassava Sciences (SAVA), leading SAVA stock to hit a seven-month high Thursday. X On today’s stock market, SAVA stock rocketed 35.7% to 51.06. Last November, the SEC launched an investigation into Cassava’s simufilam research. Scientists — who also held short positions in SAVA stock — …

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Stock futures fall as traders weigh another large rate hike from Federal Reserve

Brendan McDermid | ReutersU.S. stock futures fell on Thursday morning following a volatile session in the major averages as traders weighed another large rate hike from the Federal Reserve.Dow Jones Industrial Average futures declined by 109 points, or 0.36%. S&P 500 and Nasdaq 100 futures fell 0.56% and 0.79%, respectively.During the regular session on Wednesday, …

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Dow Jones Futures: Stock Market Sells Off As Hawkish Fed Sees New Terminal Rate

Dow Jones futures fell modestly overnight, along with S&P 500 futures and Nasdaq futures. The stock market whipsawed sharply lower Wednesday after the Federal Reserve hiked aggressively once again and signaled a higher peak, or “terminal” rate. X This is a stock market correction. Investors should remain cautious, but looking for leading names. Celsius Holdings …

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Stock futures are flat ahead of the Federal Reserve’s expected interest rate hike

Stock futures were flat Tuesday evening as traders look ahead to Wednesday’s interest rate hike announcement from the Federal Reserve.Dow Jones Industrial Average futures rose by 12 points, or 0.04%. S&P 500 and Nasdaq 100 futures climbed 0.07% and 0.07%, respectively.Stocks fell Tuesday on the first day of the Federal Open Market Committee’s meeting. The …

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Ford stock has biggest daily drop since 2011 after inflation warning

The Ford logo is pictured at the 2019 Frankfurt Motor Show (IAA) in Frankfurt, Germany. REUTERS/Wolfgang RattayRegister now for FREE unlimited access to Reuters.comRegisterSept 20 (Reuters) – Ford Motor Co’s (F.N) stock tumbled over 12% on Tuesday in its deepest one-day decline in over a decade after the automaker said inflation-related costs would be $1 …

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Stock futures rise slightly with Fed set to kick off September meeting on Tuesday

Stock futures rose slightly on Tuesday morning as Wall Street looked to build on a modest rebound ahead of another rate hike from the Federal Reserve.Futures tied to the Dow Jones Industrial Average inched up 61 points, or 0.2%. S&P 500 futures added 0.22%, and those for the Nasdaq 100 rose 0.27%.The Federal Open Markets …

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Ford stock drops more than 4% as supply costs to jump by $1 billion, parts shortages to leave more cars unfinished

Ford Motor Co. shares dropped more than 4% in the extended session Monday after the company said inflation and parts shortages will leave it with more unfinished vehicles than it had expected, reminding Wall Street supply-chain snags are far from over for auto makers. Ford F, +1.43% said it expects to have between 40,000 and …

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