The yield on the benchmark 10-year Treasury note fell below 2% for the first time since November 2016 on Wednesday — breaching a key psychological level.Bondsread more
The Fed came very close to promising a rate cut Wednesday, and now markets are focused on a possible July rate cut.Market Insiderread more
Markets had expected the central bank to keep its benchmark interest rate steady while setting up a cut at the July meeting.The Fedread more
Powell said policymakers are concerned about some of the recent economic developments and see a growing case for easier policy.The Fedread more
Amazon and Blue Origin founder Jeff Bezos gave more insight into his space company's lunar plans on Wednesday.Technologyread more
As the presidents of U.S. and China near a highly anticipated meeting on trade, the gap in both sides' expectations regarding a deal remains wide.World Politicsread more
Delta warned travelers that a technical problem could delay flights on Wednesday.Airlinesread more
The Fed chief said that despite reports that Trump was looking to demote or fire him, he doesn't plan on leaving anytime soon.The Fedread more
If the Trump administration and Congress fail to reach a spending agreement, the White House will offer to keep the government funded at its current levels for a year, Mnuchin...Politicsread more
With bold and targeted steps, economists say, government can increase opportunity and incomes for many more people in ways that strengthen, not weaken, American capitalism.Politicsread more
Investors need to be cautious because the economy will get hurt the longer the trade war drags on, Jim Cramer says.Mad Money with Jim Cramerread more
Check out the companies making headlines after the bell:
Broadcom shares rose more than 5 percent after hours. The company beat revenue expectations, posting $5.44 billion versus analyst estimates of $5.39 billion. It also earned $5.85 a share, beating estimates of $5.58 a share.
American Outdoor Brands shares rose more than 13 percent after the company beat analyst expectations for earnings and revenue. The company posted $161.7 million in revenue. Analysts were expecting $154.1 million. It also beat earnings estimates of 14 cents a share, reporting 20 cents a share.
Lululemon Athletica shares dropped as much as 7 percent during after hours trading Thursday as the company announced weak guidance for the fourth quarter. However, the athletic clothing company beat expectations, reporting 75 cents a share on $748 million in revenue. Analysts predicted earnings of 70 cents a share on $737 million in revenue.
Ulta Beauty shares fell more than 5 percent after its quarterly results came in line with estimates. The makeup company reported earnings of $2.16 a share on $1.56 billion in revenue. Its comparative sales were up 7.8 percent as well, which was also in line with estimates.
Yelp shares rose 4 percent during after hours trading. The company will join the S&P MidCap 400 before trading opens on Wednesday, December 12. This replaces Gulfport Energy, which will join the S&P SmallCap 600.