Month: June 2021

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Oil futures end higher after another fall in crude inventories

Oil futures ended with gains Wednesday, maintaining support after government data showed U.S. crude inventories fell for a sixth straight…

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Stocks open slightly lower as S&P 500, Nasdaq pull back from records

Stocks opened slightly lower on the final day of a strong quarter and first half for equities. The Dow Jones…

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JAMA study: Ivermectin doesn’t speed up recovery for patients with mild COVID-19

New research indicates that ivermectin, a type of treatment for parasitic worms, does not help patients with mild COVID-19 recover…

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Outbrain files to go public

Outbrain Inc. announced its intention to become a public company, according to a Securities and Exchange Commission filing late Tuesday….

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Oil ekes out small gain to finish higher as traders await OPEC+ meeting

Oil futures ended a choppy session with a small gain Tuesday as traders await a Thursday meeting of the Organization…

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Michael Kors parent Capri Holdings raises full-year guidance ahead of virtual investor day

Capri Holdings Ltd. CPRI, +0.35% raised its fiscal 2022 revenue guidance to $5.15 billion from $5.10 billion, and lifted its…

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S&P 500 marks 32nd record of 2021 and Nasdaq books 18th all-time high of the year with Monday’s 1% rally

The Dow ended lower Monday but the S&P 500 and the Nasdaq Composite both booked record closes, supported by gains…

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Morgan Stanley doubles dividend, BofA dividend to rise by 17%

Morgan Stanley MS, -0.79% said late Monday it will double its quarterly dividend to 70 cents a share, from 35…

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U.S. oil prices mark lowest settlement in more than a week

Oil futures logged their lowest settlement in over a week on Monday, with prices pressured by concerns that the spread…

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Etsy acquires Brazilian marketplace Elo7 for $217 million in cash

Etsy Inc. ETSY, +1.81% said Monday that it has signed a definitive agreement to acquire Brazilian marketplace Elo7 for $217…

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Stocks open higher after key inflation indicator rises

Stocks opened higher Friday after a closely watched reading of inflation jumped, but was largely in line with expectations. The…

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Funko’s NFTs will be delayed for months

Toy and collectible company Funko Inc. FNKO, -3.30% had planned to launch its NFTs in June, but that plan has…