Energy Stocks Lead S&P 500 Decliners Tuesday Morning
1 hr 15 min ago
Energy stocks are among the biggest losers in the S&P 500 this Tuesday morning, largely due to oil prices hitting their lowest levels in seven months.
The S&P 500 Energy Sector was down by 2.3%, making it the worst-performing sector out of the 11 tracked by the index.
Individual stocks like APA, Diamondback Energy, Phillips 66, and Halliburton have seen declines ranging from 3.5% to 4% shortly after the market opened.
West Texas Intermediate crude oil futures dropped over 2%, settling at $55.50 a barrel—marking its lowest point since May.
Why December Is One of the Best Times to Buy a Used Car, According to Experts
1 hr 47 min ago
December is frequently regarded as one of the optimal months for purchasing a used car, as advised by Carfax. The used-car market’s flexible pricing and varying inventory give buyers an advantageous position as the year comes to a close.
This advantage stems from year-end sales pressures that encourage dealerships to meet yearly quotas, leading to more negotiable prices, particularly in the final days of December.
Additionally, slower showroom traffic, especially on weekdays, allows buyers more time for vehicle comparisons and greater attention from sales staff, further enhancing their negotiating power.
Job Slump Deepened in October and November, Belated Report Shows
2 hr 24 min ago
According to a delayed report due to a government shutdown, job growth significantly declined, while the unemployment rate increased this autumn.
In October, the U.S. economy lost 105,000 jobs, and in November, it added only 64,000. The unemployment rate rose to 4.6% in November from 4.4% in September, marking its highest level since 2021.
The report pointed out a slowdown in hiring influenced by uncertainty surrounding business policies and the impact of previous government layoffs initiated earlier in the year.
Here’s How Much Traders Expect Micron Stock to Move After Earnings Wednesday
2 hr 50 min ago
Micron Technology is preparing to release its earnings report after Wednesday’s market close, with traders anticipating considerable fluctuations in the stock price.
Options pricing indicates that shares could move up or down by up to 9% by the week’s end. Based on Monday’s close at $237.50, this swing could see the stock rise to over $258 or drop to around $217.
Micron has experienced a surge in sales this year, thanks to the increased demand for its memory chips, contributing to a tripling of its stock value in 2025, making it one of the top performers in the S&P 500.
Kraft Heinz Names New CEO Ahead of Planned Split
3 hr 45 min ago
Kraft Heinz has announced a leadership change, appointing Steve Cahillane as CEO effective January 1, ahead of the company’s planned split into two independent entities.
Cahillane, who previously led Kellanova, will also serve on the board and oversee “Global Taste Elevation Co.” The outgoing CEO, Carlos Abrams-Rivera, will transition to an advisory role while the search for a CEO for the new grocery division begins.
The split will create two publicly traded companies, housing brands such as Heinz and Kraft under “Global Taste Elevation Co.”
Frontier Airlines’ Parent Replaces CEO
4 hr 17 min ago
Frontier Group Holdings has appointed James Dempsey as the interim CEO of Frontier Airlines after Barry Biffle’s 11-year tenure.
Biffle will continue to serve in an advisory capacity. Dempsey, who joined Frontier in 2014, expressed confidence in the airline’s value proposition despite recent challenges faced by ultra-low-cost carriers.
This leadership change comes as Frontier’s stock has seen a significant decline this year, reflecting broader struggles in the airline sector.
