These are the stocks posting the largest moves in premarket trading.
How inflation and higher interest rates have reshaped car buying for many Americans
Rate hikes have many Americans lowering their buying expectations or fixing their current car or truck instead of purchasing a replacement.
Macy’s slashes its full-year outlook even as earnings beat
Macy’s gave a lower sales and earnings forecast for the year as it said discretionary spending slowed in March.
Why bots make it so hard to buy Nikes
UAW union outlines lofty demands ahead of critical negotiations with Detroit automakers
UAW leaders publicly laid out their top bargaining issues, including a cost-of-living adjustment, job security and the end of a tiered pay system.
Analysts are bailing on this auto parts retailer after a massive earnings miss
Wall Street analysts are growing wary of this auto parts retailer after a big earnings miss.
UAE oil chief is ‘the perfect person’ to lead UN climate talks, COP28 director general says
Al-Jaber, who in January was selected to lead the COP28 summit, is also the head of ADNOC — one of the world’s largest oil and gas companies.
JPMorgan downgrades Target as concerns for the retail giant mount
JPMorgan downgraded Target as concerns over the retailers ability to navigate a challenging economic environment increase.
OPEC excludes some WSJ, Reuters and Bloomberg reporters from meeting
The OPEC+ alliance meets to discuss further production policy steps in Vienna over June 3-4.
Wage hikes may have been a key driver of inflation. They may now be fueling mass layoffs
After two years of inflation potentially fueled by wage growth, we’re seeing layoffs increase by nearly 400% since last year.
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