The Dow Jones and S&P 500 climbed on the stock market today. Meta reached a record high and a cybersecurity name broke out.
The company's fourth-quarter loss narrowed to $53 million, or 8 cents a share, from a loss of $105 million, or 15 cents a share, while operating earnings, an adjusted figure, came to zero a share.
Stock futures are mixed Thursday morning as investors react to a barrage of earnings reports from major companies and important economic indicators.
The Dow, S&P 500 and Nasdaq fell Wednesday as the stock market reacted to the Fed's latest rate decision and earnings from Big Tech.
Dow said on Thursday it will lay off 1,500 employees as part of its $1 billion cost savings plan due to lackluster demand and margin pressures, causing its shares to drop 6.3% in morning trade.
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Stocks perked up slightly but were still trading lower as Federal Reserve Chair Jerome Powell began speaking on Wednesday. The Dow Jones Industrial Average was down 209 points, or 0.5%. The S&P 500 ...
Dow Inc.’s fourth-quarter profits came in well below Wall Street expectations and the material sciences company said Thursday that it is slashing 1,500 jobs globally in an effort to cut costs as sales ...
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