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Nasdaq leads major U.S. indexes lower as the unemployment rate ticks up to 4.4% and oil prices surge to more than $90 a barrel. Plus: Gap shares slide on weak sales for its Athleta brand. Katherine Sullivan hosts.
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Plus: Kuwait cuts oil production. And markets react to the jobs report and mounting tensions in the Middle East. Anthony Bansie hosts.
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Plus: The U.S. and Venezuela restart diplomatic relations with the aim of promoting the country’s economic recovery And investors wait on the latest U.S. jobs numbers. Luke Vargas hosts.
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Plus: Morgan Stanley shares fell after announcing layoffs. And Meta Platforms stock drops after responding to antitrust concerns in Europe. Katherine Sullivan hosts.
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An artificial-intelligence tool assisted in the making of this episode by creating summaries that were based on Wall Street Journal reporting and reviewed and adapted by an editor.
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Plus: U.S. imports of Venezuelan oil are rising. And Target details its store opening and remodeling plans as it seeks to turn its business around. Danny Lewis hosts.
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Plus: A federal trade-court judge says the Trump administration owes more than $130 billion in tariff refunds. And Morgan Stanley fires 2,500 employees. Luke Vargas hosts.
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The Nasdaq gained 1.3 percent. Plus: Meta share rise on reports of new superintelligence efforts. Katherine Sullivan hosts.
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Plus: An Iranian missile launched at Turkey is shot down. QatarEnergy, the world’s largest producer of liquified natural gas, declares force majeure. And U.S. markets and oil prices stabilize. Alex Ossola hosts.
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An artificial-intelligence tool assisted in the making of this episode by creating summaries that were based on Wall Street Journal reporting and reviewed and adapted by an editor.
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Plus: South Korean stocks see a record drop as fighting in the Mideast ripples across Asian economies. And James Talarico wins Texas’s Senate Democratic primary. Daniel Bach hosts.
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Escalating Middle East conflict pushes stocks lower and oil prices higher. Plus: Target shares rise as investors anticipate a turnaround plan from the company. Katherine Sullivan hosts.
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An artificial-intelligence tool assisted in the making of this episode by creating summaries that were based on Wall Street Journal reporting and reviewed and adapted by an editor.
Learn more about your ad choices. Visit megaphone.fm/adchoices