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11/02/2026
After-hours, Meta's US stocks fell by 21%.
Latest
9 m ago
Boredon: Indirect Non-Wholly Owned Subsidiary Signs 320 Million RMB Energy Storage System Equipment Purchase Contract.
10 m ago
On Wednesday during the Asia-Pacific session, Nasdaq futures rose by 0.24%, S&P futures rose by 0.18%, and Dow futures rose by 0.14%.
10 m ago
Spot silver broke through $81/ounce, rising 0.43% within the day.
10 m ago
Moderna announced that the Food and Drug Administration (FDA) has refused to review its application for the MRNA Flu vaccine. The FDA stated that the company's clinical trials were not large enough and not well-controlled. Moderna's stock dropped by 9% in after-hours trading.
11 m ago
On Wednesday, Asian stock markets are expected to reach new highs as the weakened retail sales data last night strengthened the reasons for the Fed to cut interest rates this year, pushing the prices of US Treasuries higher. Futures for Sydney and Hong Kong stock indices suggest further gains, while the Tokyo stock market is closed for a holiday. The currency market currently believes that the probability of three rate cuts by the Fed this year has slightly increased, with two rate cuts already fully priced in. The unexpected stall in US retail sales in December indicates a weakening in consumer momentum towards the end of last year, which is the driver for the economy. Traders are currently on high alert for the key US employment report to be released on Wednesday. Bret Kenwell of eToro believes that while the retail sales report is not a disaster, it is not a constructive signal either, especially considering the ongoing concerns in the labor market and continued volatility in multiple asset classes. The employment report will be crucial, as weak data could further shift sentiment towards risk aversion; however, strong data could alleviate some of those concerns.
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