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Why Argan Stock Plummeted by 12% Today
Key PointsThe industrial construction specialist unveiled its third-quarter results.It missed on revenue, but beat convincingly on net income.10 stocks we like better than Argan › Industrial construction specialist Argan (NYSE: AGX) didn't finish the trading week on a high note. On Friday, investors...
The Motley Fool
Fri, Dec 5
Wall St Week Ahead-Fed's internal split puts spotlight on Powell's rate guidance, dissents
Fed's internal division over interest-rate cut draws investors' attentionMarkets pricing in an 84% chance of quarter-point cutPowell's guidance and dissent count being watched for clues about future Fed policyBy Laura Matthews NEW YORK, Dec 5 (Reuters) - The Federal Reserve meeting ne...
Reuters
Fri, Dec 5
US stocks weekly: High hopes
S&P 500 .SPX rises 2nd-straight week, adds 0.3% as Fed rate-cut expectations stay elevated .N Dow .DJI adds 0.5%, while Nasdaq Composite .IXIC lifts nearly 1% Indeed, Nasdaq Composite has been blazing the trail back up By mid-week, S&P 500 comes within striking distance of its record highs,...
Reuters
Fri, Dec 5
GLOBAL MARKETS-Stocks higher, dollar set for second straight weekly loss as investors eye Fed cut
Wall Street stocks notch second straight week of gainsEuropean stocks finish flat, copper hits record highsJapanese bonds sell off, yen strengthens on BOJ rate-hike signalsUS September PCE data rises in line with expectationsBy Chibuike Oguh and Amanda Cooper NEW YORK, Dec 5 (Reuters) - Global sh...
Reuters
Fri, Dec 5
LIVE MARKETS-US equities finish with a modest advance, some records
Main US indexes end modestly higher, Nasdaq out front up 0.3%Comm Svcs leads S&P 500 sector gainers; Utilities weakest groupDollar slips; gold dips; bitcoin off ~3%; crude up ~0.9%US 10-Year Treasury yield rises to ~4.14%Welcome to the home for real-time coverage of markets brought to you by Reu...
Reuters
Fri, Dec 5
CANADA STOCKS-TSX posts weekly decline as profit taking offsets jobs gain
TSX ends down 0.5% at 31,311.41For the week, the index loses 0.2%Economy adds 53,600 jobs in NovemberMaterials group declines 1.1%By Fergal Smith Dec 5 (Reuters) - Canada's main stock index pulled back on Friday from a record high as investors took stock of recent gains, but the move was limi...
Reuters
Fri, Dec 5
US STOCKS-Wall St closes with slight gains as data keeps Fed cut expectations on track
Warner Bros gains after Netflix agrees to buy the companyInvestors assess inflation and consumer sentiment dataUlta Beauty soars after raising forecastsIndexes up: Dow 0.22%, S&P 0.19%, Nasdaq 0.31%By Chuck Mikolajczak NEW YORK, Dec 5 (Reuters) - U.S. stocks closed out the trading week with s...
Reuters
Fri, Dec 5
EMERGING MARKETS-Brazilian markets crash after Bolsonaro's son says he has father's backing for presidency
Latam stocks drop 3.8%, currencies down 1.6%Brazil assets fall after Bolsonaro's eldest son touts father's backing for presidency Chile consumer prices up 0.3% in November as markets eye rate cutBy Niket Nishant and Nikhil Sharma Dec 5 (Reuters) - Brazilian assets experienced a sharp sel...
Reuters
Fri, Dec 5
US STOCKS-Wall St closes with slight gains as data keeps Fed cut expectations on track
Warner Bros gains after Netflix agrees to buy the companyInvestors assess inflation and consumer sentiment dataUlta Beauty soars after raising forecastsBy Chuck Mikolajczak NEW YORK, Dec 5 (Reuters) - U.S. stocks closed out the trading week with slight gains on Friday as the latest flurry of econ...
Reuters
Fri, Dec 5
UK's Man Group joins hedge fund peers planning offices in Abu Dhabi
By Sruthi Narasimha Chari and Nell Mackenzie Dec 5 (Reuters) - British hedge fund Man Group Plc EMG.L has applied for a licence to open an office in Abu Dhabi next year, joining a growing number of asset managers and traders establishing a presence in the region, it said on Friday. Bloomberg firs...
Reuters
Fri, Dec 5
GLOBAL MARKETS-Stocks higher, dollar set for second straight weekly loss as investors eye Fed cut
Wall Street stocks on track for second straight week of gainsEuropean stocks finish flat, copper hits record highsJapanese bonds sell off, yen strengthens on BOJ rate-hike signalsUS September PCE data rises in line with expectationsBy Chibuike Oguh and Amanda Cooper NEW YORK, Dec 5 (Reuters) - Gl...
Reuters
Fri, Dec 5
US STOCKS-Wall St advances as data keeps Fed cut expectations on track
Warner Bros gains after Netflix agrees to buy the companyInvestors assess inflation and consumer sentiment dataUlta Beauty soars after raising forecastsIndexes up: Dow 0.35%, S&P 500 0.24%, Nasdaq 0.25%By Chuck Mikolajczak NEW YORK, Dec 5 (Reuters) - U.S. stocks gained modestly on Friday as t...
Reuters
Fri, Dec 5
US natgas companies climb as futures rise to 35-month high
U.S. natgas futures NGc1 up 8% at $5.468 per million British thermal unitNatgas prices hit a 35-month high, on speculative buying as homes and businesses kept cranking up their heaters to escape extreme cold while flows to liquefied natural gas (LNG) export plants remained near record highsShares of...
Reuters
Fri, Dec 5
PRECIOUS-Gold gains on Fed rate cut optimism; silver hits record high
US consumer spending moderates in SeptemberSilver hits a record high of $59.32/ozGold seen trading between $4,500 and $5,000 in 2026By Anmol Choubey Dec 5 (Reuters) - Gold prices rose on Friday as mounting expectations of a U.S. Federal Reserve rate cut next week buoyed sentiment, while silve...
Reuters
Fri, Dec 5
U.S. STOCKS ON THE MOVE-Omnicom, Albemarle, energy companies
The Day Ahead newsletter: https://refini.tv/3LI4BU7The Morning News Call newsletter: https://refini.tv/3dKUyB8Wall Street's main indexes edged higher on Friday as investors digested a batch of economic data that appeared to pave the way for a Federal Reserve interest rate cut this month. .NAt 1...
Reuters
Fri, Dec 5
LIVE MARKETS-US small caps' earnings growth up sharply for Q3 - LSEG
Main US indexes rise modestlyComm Svcs leads S&P 500 sector gainers; utilities is weakest groupDollar slips; bitcoin off >3%; gold edges up; US crude up 0.8 1%US 10-Year Treasury yield rises to ~4.14%Welcome to the home for real-time coverage of markets brought to you by Reuters reporters. Yo...
Reuters
Fri, Dec 5
LIVE MARKETS-Alphabet tops Nvidia in valuation premium
Main US indexes rise modestlyComm Svcs leads S&P 500 sector gainers; utilities is weakest groupDollar slips; bitcoin off >3%; gold edges up; crude gains close to 1%US 10-Year Treasury yield rises to ~4.14%Welcome to the home for real-time coverage of markets brought to you by Reuters reporter...
Reuters
Fri, Dec 5
Netflix to buy Warner Bros Discovery's studios, streaming unit for $72 billion
Netflix's $27.75 a share bid tops Paramount's offerCombining leading streaming players to draw antitrust scrutinyDeal to boost US production, original content spending - NetflixWBD rises 3%, trading below offer price; Netflix down 0.2%By Harshita Mary Varghese, Aditya Soni and Dawn Chmielews...
Reuters
Fri, Dec 5
Street View: SentinelOne holds tight on full-year outlook despite quarterly beat
Shares of cyber security firm SentinelOne S.N fall 13.3% to $14.72Co reported Q3 results on ThursdaySentinelOne expects Q4 revenue of $271 mln, below analysts' estimate of $271.89 according to LSEG-compiled dataUp to last close, stock had fallen ~24% YTDCONSERVATISM IN OUTLOOKScotiabank ("se...
Reuters
Fri, Dec 5
Energy companies rise as crude prices gain on Fed rate-cut signals, supply concerns
S&P 500 energy index .SPNY up 0.5% as crude prices edge higher O/R Brent crude futures LCOc1 up 1% at $63.88/ barrel and U.S. West Texas Intermediate crude CLc1 rises 1% to $60.27/barrelOil prices rise on increasing expectations the U.S. Federal Reserve will cut interest rates next week, which c...
Reuters
Fri, Dec 5
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