Dow Futures Tick Higher After Indices Extend Rout
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- Splunk (SPLK) to reduce global workforce by approximately 4%
- Ford Motor (F) Declares $0.65 Special Dividend; 4.5% Yield
- Qualtrics (XM) adds to gains as Silver Lake plans bid, analyst sees $20 takeover value
- Upstart Holdings (UPST) to lay off 20% of workforce due to current macro headwinds
- Tenax Therapeutics (TENX) Granted Notice of Allowance for U.S. Patent Application Covering Use of IV Levosimendan in PH-HFpEF
- After-hours movers: Apple, Amazon, and Google all fall as results disappoint
- Meta leaps in premarket, pulling Amazon, Alphabet higher; Estee Lauder falls
- After-hours movers: Meta surges on better results, lifts other FAANG stocks
- Midday movers: Peloton Interactive, Electronic Arts, Match Group and more
- Snap, EA tumble in premarket; Meta, T-Mobile fall, AMD rises
Wells Fargo Says FOMC Will Not Cut at First Sign of Economic Weakness
September 27, 2022 6:27 AM EDTWells Fargo Says FOMC Will Not Cut at First Sign of Economic Weakness.
Wells Fargo Economist Jay Bryson comments "We now look for the FOMC to hike its target range for the fed funds rate by 75 bps at the November 2 meeting and by 50 bps at the policy meeting on... More