Stock futures are surging after the Fed signaled interest rate cuts may begin as early as July.US Marketsread more
The billionaire investor believes the stock market is in a "zone of fair value" at current levels.Marketsread more
The Federal Reserve may be on its way to delivering a half-point interest rate cut next month, according to Goldman Sachs economists.Economyread more
However, Slack chief Stewart Butterfield says, "The broader world of email will stick around."Technologyread more
Crude oil prices jump on news of the attack, which Iran says happened over its territory.World Politicsread more
Workplace messaging firm Slack is about to go public in a red-hot IPO market, but it's approach to going public--using a "direct listing"--is slightly different than an IPO.Trader Talk with Bob Pisaniread more
The yield on the benchmark 10-year Treasury note fell below 2% for the first time since November 2016 on Wednesday.Bondsread more
National Securities' Art Hogan sees the U.S.-China trade war as the market's biggest risk – not Fed policy.Trading Nationread more
The Philadelphia Federal Reserve's manufacturing gauge tumbled this month, solidifying the Fed's case for easier monetary policy.Economyread more
Declining traffic to Olive Garden, Darden's top restaurant chain, resulted in weaker-than-expected revenue for its fiscal fourth quarter.Restaurantsread more
President Donald Trump has publicly blamed the Federal Reserve's interest rates hikes for holding back U.S. economic growth.The Fedread more
Shares of U.S. aerospace giant Boeing tumbled Wednesday as investors digested the impact of new Chinese tariffs.
Beijing has announced brand-new tariffs on 106 U.S. products which have also hit automakers and whiskey producers. China's move is viewed as a response to President Trump's list of Chinese imports that the U.S. is taking aim at.
Boeing's share value fell 4 percent by about 10.30 a.m. ET Wednesday. Its big rival Airbus is also lower but is managing to outperform the wider French index.
The effective start date for the new charges is not known, but China's Ministry of Commerce said the tariffs are designed to target up to $50 billion of U.S. products annually.
Boeing shares have been weighed down in recent weeks as talk has persisted of a potential trade war between the U.S. and China.
But in a note released prior to China's latest announcement, stock researchers Valuentum suggested that Boeing's tariff troubles were overblown.
"Even if there are some commercial airplane cancellations from China-based airlines, Boeing has tremendous flexibility to pull forward deliveries from other customers," the note said Tuesday.
Boeing has estimated that customers across the globe will demand more than 41,000 new airplanes over the next two decades.
Much of that demand will stem from a China that is hungry for new planes. Last week, Flight Global reported that the China Southern Airlines Group is scheduled to take delivery of 309 aircraft over the next three years.
In 2018, Boeing is set to deliver 71 aircraft to the group. So far there has been no suggestion that this deal is at risk.