Author: Market Watch

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McDonald's chances of adding the McPlant to the nationwide menu are 'fairly high,' says BTIG

McDonald's chances of adding the McPlant to the nationwide menu are 'fairly high,' says BTIG

McDonald's chances of adding the McPlant to the nationwide menu are 'fairly high,' says BTIG Analysts at BTIG say although McDonald’s Corp. MCD, +0.88% “claims” to be testing the McPlant in eight restaurants, they think there’s a “fairly high” chance that the plant-based sandwich will rollout out nationwide in 2022. “We believe interest in adding...

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U.S. oil futures mark first loss in 6 sessions

U.S. oil futures mark first loss in 6 sessions

U.S. oil futures mark first loss in 6 sessions Oil futures settled lower on Thursday, with U.S. prices down for the first time in six sessions, a day after the front-month contract settled at the highest since October 2014. Prices got a boost Wednesday as the Energy Information Administration reported a weekly decline in U.S....

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December WTI oil falls 92 cents, or 1.1%, to settle at $82.50/bbl

December WTI oil falls 92 cents, or 1.1%, to settle at $82.50/bbl

December WTI oil falls 92 cents, or 1.1%, to settle at $82.50/bbl Intraday Data provided by FACTSET and subject to terms of use. Historical and current end-of-day data provided by FACTSET. All quotes are in local exchange time. Real-time last sale data for U.S. stock quotes reflect trades reported through Nasdaq only. Intraday data delayed...

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Gold futures end lower after two-session decline

Gold futures end lower after two-session decline

Gold futures end lower after two-session decline Gold futures ended with a loss on Thursday, easing back after posting gains in each of the last two trading sessions. The precious metal “appears stuck in ‘no man’s land’, battling rising yields on the short-end of the curve” as Federal Reserve members try to push back rate...

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Index of leading U.S. economic indicators notches minuscule rise in September

Index of leading U.S. economic indicators notches minuscule rise in September

Index of leading U.S. economic indicators notches minuscule rise in September The U.S. leading economic index grew a softer 0.2% in September and pointed toward somewhat slower growth, the Conference Board said Thursday.”The U.S. LEI rose again in September, though at a slower rate, suggesting the economy remains on a more moderate growth trajectory compared...

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‘FOMO’ cited as U.S. existing-home sales register monthly rise

‘FOMO’ cited as U.S. existing-home sales register monthly rise

‘FOMO’ cited as U.S. existing-home sales register monthly rise The numbers: Sales jumped 7% Existing-home sales improved in September, as the threat of rising mortgage rates likely compelled some buyers to lock in deals before the window of opportunity closed. Existing-home sales increased 7% between August and September, hitting a seasonally-adjusted, annual rate of 6.29...

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: IBM stock price target cut to $172 from $176 at BofA Securities

: IBM stock price target cut to $172 from $176 at BofA Securities

: IBM stock price target cut to $172 from $176 at BofA Securities International Business Machines Corp. International Business Machines Corp. is an information technology company, which provides integrated solutions that leverage information technology and knowledge of business processes. It operates through the following segments: Cloud and Cognitive Software, Global Business Services, Global Technology Services,...