The Dow was the only one of the major stock-market trackers to have a losing May, as the index suffered its worst month in terms of daily gains in 11 years.
Earnings Results: Lingerie and other intimates are cheaper than Victoria’s Secret wants them to be, amid weaker clothing demand
Shares of intimate-wear maker Victoria’s Secret & Co. fell sharply after hours on Wednesday after company executives cut its sales outlook.
Earnings Results: Advance Auto Parts’s stock suffers record plunge after big profit miss, dividend slashed by more than 80%
Advance Auto Parts’s stock plunged Wednesday, after the auto parts seller reported a big profit miss, slashed its dividend and cut its full-year outlook.
Earnings Results: CrowdStrike stock drops more than 10% after less-than-perfect earnings outlook
CrowdStrike shares fell after hours Wednesday after a part of the cybersecurity company’s forecast range fell below the Wall Street consensus.
Earnings Results: Chewy stock skyrockets 14% after profit, sales top Wall Street views
Shares of Chewy Inc. jump nearly 14% after the specialty retailer reports profit and sales above Wall Street expectations, saying that quarterly earnings benefited from ongoing customer loyalty.
Market Extra: A big short in Treasurys? Traders are building up bets around a debt ceiling resolution
There’s a ‘historically massive’ short position building up in U.S. Treasury futures ahead of what could be $1 trillion of new debt issuance, according to Macquarie’s sales and trading global macro strategy desk.
Earnings Results: Nordstrom says off-price Rack stores are helping attract new customers, as high-income shoppers stay ‘resilient’
Shares of Nordstrom ran higher after hours on Wednesday after the upscale department-store chain reported better-than-expected first-quarter results.
Help My Career: CDC says sick leave can prevent food poisoning. But how many workers actually get paid time off? It may shock you.
Food contamination by sick workers contributed to approximately 40% of infectious-disease outbreaks, a new report finds.
: Debt-limit deal is a blow to public health, experts say
Spending caps and clawbacks of COVID-relief money are seen crimping investments in research and disease surveillance.
The Ratings Game: Chevron’s ‘defensive characteristics’ make it well-positioned for economic uncertainty, JPMorgan says
JPMorgan upgrades rating on Chevron stock to buy, saying the energy giant’s defensiveness is becoming more important and the stock’s valuation is attractive.
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