Breaking News: Markets

Stocks making the biggest moves premarket: Pfizer, Lululemon, Manchester United, Rite Aid and more

Check out the companies making headlines before the bell. Pfizer, Moderna, BioNTech — Shares of Pfizer dropped 1.3% after the…

‘Miracle drug’ euphoria: Experts warn widespread use of weight loss medicine faces major hurdles

Two experts see major challenges facing the adoption of new obesity drugs. Dr. Kavita Patel, a physician and NBC News…

Risk-taker’s market? Why it may be practical to take chips off the table

It may be a risk-taker’s market. Investor and personal finance author Ric Edelman believes it’s a practical strategy to take…

Citigroup reports better-than-expected revenue for the third quarter

Citigroup reported its third-quarter results on Friday morning, with solid growth in both institutional clients and personal banking fueling higher-than-expected…

Wells Fargo shares rise after third-quarter results top Wall Street expectations

Wells Fargo on Friday surpassed Wall Street expectations for third-quarter earnings and revenue as the benefit from higher interest rates…

JPMorgan Chase tops profit expectations on higher rates, benign credit

JPMorgan Chase on Friday topped analysts’ estimates for third-quarter profit and revenue as the bank generated more interest income than…

Interest rates take center stage with banks set to report quarterly results

Bank stocks remain under pressure due to high interest rates as financial firms like Club holdings Wells Fargo (WFC) and…

Bank earnings kick off with JPMorgan, Wells Fargo amid concerns about rising rates, bad loans

American banks are closing out another quarter in which interest rates surged, reviving concerns about shrinking margins and rising loan…