Mid-Afternoon Market Update: Dow Falls 1%; Digital Brands Shares Jump
Toward the end of trading Thursday, the Dow traded down 1.05% to 34,317.76 while the NASDAQ fell 0.75% to 14,554.76. The S&P also fell, dropping 1.01% to 4,314.10.
June Carloads Reflect An Economy In ‘Much Better Shape’
U.S. railroads reported that carloads and intermodal originations reached 2.56 million during June, up 14.5% year-over-year, according to weekly data provided by the Association of American Railroads (AAR).
Mid-Day Market Update: Nasdaq Tumbles 200 Points; GBS Shares Spike Higher
Midway through trading Thursday, the Dow traded down 1.42% to 34,189.28 while the NASDAQ fell 1.43% to 14,455.66. The S&P also fell, dropping 1.42% to 4,296.30.
Hot Freight Opinions: Reaction To Knight’s LTL Move
Earlier this week, Knight-Swift Transportation officially stepped into the LTL arena by acquiring AAA Cooper Transportation for $1.35 billion. The ramifications of the deal are potentially far-reaching — not only for the two companies but for the industry as a whole.
We asked FreightWaves experts to provide us their HFOs (Hot Freight Opinions) on the deal.
Mid-Morning Market Update: Markets Open Lower; US Initial Jobless Claims Increase To 373,000
Following the market opening Thursday, the Dow traded down 1.12% to 34,294.76 while the NASDAQ fell 1.35% to 14,467.79. The S&P also fell, dropping 1.24% to 4,303.53.
Check Your Engines: Major Indices Come Under Pressure From Falling Yields
The “check engine” light flashed on the rally’s instrument panel this morning. That little oil can icon looks to be glowing as well.
Paramount Announces Assay Results From Geotechnical Drill Holes With Potential To Reclassify Waste Rock As Ore
Paramount Gold Nevada Corp. (NYSE:PZG) ("Paramount" or "the Company") announced today that assay results from two new core holes at the Company's proposed high grade underground Grassy Mountain
Ship Values Are Soaring Amid Secondhand Sales ‘Frenzy’
Chalk up yet another record for ocean shipping. More vessels traded hands in the first half of this year than in any other six-month stretch — yet another industry signal that's flashing green.
Inflation, Gold, & Crypto: is Asia Broadband the Next GameStop?
The stock market is no longer only the domain of in-the-know professionals on Wall Street or The City. The rise of eToro, Robinhood, and other such platforms has made the markets accessible to the masses.