General Mills, Stitch Fix, Beyond Meat, etc.

Check out the companies making headlines before the bell. General Mills (GIS) – General Mills shares rose 1.8% in the premarket after the food maker reported better-than-expected quarterly earnings and raised its full-year sales forecast. The company expects to benefit from higher prices and strong demand for cereals, snacks and pet food. Related investment news … Read more

European firms are rethinking ‘closed’ China plans

Germany’s foreign direct investment in China has increased by about 30% in the first eight months of the year compared to the previous year, China’s Ministry of Commerce said on Monday. VCG | Visual China Group | Getty Images BEIJING—European companies in China are reassessing their market plans after Covid controls further isolate China from … Read more

The Fed was expected to raise interest rates by three-quarters of a percentage point again, but that forecast may be the most important

What matters most is not what the Federal Reserve will do, but what it can do in the future as the Fed ends its two-day meeting on Wednesday. The Fed is expected to hike rates by another 3/4 percentage point, its third straight. We will also release a new quarterly forecast on inflation, the economy … Read more

Lennar, Coinbase, Array Technologies, etc.

Workers of the Renner family during construction. Justin Sullivan | Getty Images News | Getty Images Check out the companies that made the biggest moves Monday at noon. DR Horton, Lennar, PulteGroup — Homebuilders rose Monday after KeyBanc doubled the sector from underweight to overweight. Analyst Kenneth Zenner said home builders that have performed poorly … Read more

Here’s why a US recession could hit Hispanic workers hard.

Huntstock | Disability Images | Getty Images Turbulent times may be ahead for Hispanic workers, according to a new report from Wells Fargo. The company expects Hispanic workers to be hit hard if a mild recession hits in 2023, as projected. “Hispanic unemployment rates tend to be disproportionately higher than the national average during recessions,” … Read more

The US Federal Reserve (Fed) will decide at its upcoming meeting whether stocks will stabilize or return to a bear market

The Federal Reserve is expected to raise interest rates by another three-quarters of a percentage point on Wednesday, but it is the signals about future rate hikes that will drive the market. His two-day meeting of central banks Tuesday and Wednesday comes in a week when investors are on high alert for more guidance on … Read more

August Industrial Production, Retail Sales

August was marked by extremely hot weather in parts of China, causing temporary power rationing in some areas. This photo taken on August 24, 2022 shows the central city skyline of Chongqing with the lights partially turned off to save energy during a heat wave. VCG | Visual China Group | Getty Images BEIJING — … Read more

Netflix, Adobe, Wynn Resorts, Humana, etc.

Adobe Systems world headquarters in downtown San Jose, California. Lisa Werner | Moment Mobile | Getty Images Check out the companies in the spotlight on the midday deal. Netflix — Streaming stock rises 7% after Evercore ISI upgrades Netflix to Outperform rating, and shares could rise more than 30% as the company rolls out ad-supported … Read more

Equity markets could rally big in the fourth quarter, but the pain will increase at first

The stock market may continue to rise in the fourth quarter, but may feel more pain at first. Strategists who follow the chart said Tuesday’s big sell was negative and suggested further selling. But the market could also reach a pivoting bottom in the coming weeks, and whether that level will be below or above … Read more

Twilio, Starbucks, Nikola, Moderna, etc.

A cup of Starbucks coffee is placed on a cafe table. Joel Bo | Reuters Check out the companies in the spotlight on the midday deal. Starbucks — Shares rose 6% after the coffee chain raised its long-term financial forecasts on Tuesday, with changes to the cafe expecting double-digit earnings and earnings per share growth … Read more