Market Pulse - Usa
US open: Stocks trade lower following Fed decision
Wall Street stocks were in the red early on Thursday as market participants came to terms with the Federal Reserve's decision to hike interest rates by 75 basis points.
US pre-open: Futures trade lower following Fed's rate hike
Wall Street futures were in the red ahead of the bell on Thursday as market participants came to terms with the Federal Reserve's decision to hike interest rates by 75 basis points.
Peloton reports first-quarter loss, forecasts weaker holiday sales
Peloton Interactive quarterly losses came in at almost double market expectations on Thursday, as the ailing smart exercise equipment maker took the wraps off a seriously weak holiday sales forecast.
Elon Musk to cut Twitter's workforce in half
Twitter's new owner Elon Musk will look to cut roughly 3,700 jobs at the social media giant as part of an effort to cut costs.
US close: Dow loses 500 points after another Fed hike
Wall Street stocks closed well below the waterline on Wednesday, as investors digested another 75-basis point rate hike from the Federal Reserve, while opening the door to some flexibility in future decisions.