Stocks

FOX Business takes a look at the upcoming events that are likely to move financial markets in the coming days.

"Kudlow" host voices his concerns over the state of the American economy.

The broadest measure of the U.S. stock market entered a bear market on Friday.

The S&P 500 has gotten obliterated in a widespread sell-off this month, and the benchmark index is likely to drop even lower if the economy experiences a return to 1970s-style stagflation, according to Bank of America analysts.

FOX Business asked a financial expert about how to choose the right ETFs for new, average and skilled investors.

The Dow Jones Industrial Average was down 236.94 points, or 0.75%, while the Nasdaq Composite fell 0.26%. The S&P 500, which ended the session 0.58% lower, approached bear market territory.

Spirit Airlines' board of directors has recommended that its shareholders reject a $30 per share tender offer from JetBlue Airways.

Piper Sandler chief investment strategist Michael Kantrowitz argues stocks haven't hit their "bottom" yet after Wednesday's bad day.

The company said it expects fiscal 2022 per share adjusted earnings of $6.45 to $6.85, compared with its previous forecast of $7.00 to $7.50.

Walmart and Target, solid barometers of consumer spending, didn't mince words on sky-high inflation.

White House press secretary Karine Jean-Pierre said Wednesday that the stock market, which continues to witness erratic trading amid soaring inflation, is not something the White House tends to “keep an eye on every day.”

Factors that contributed to Tesla's lower score include its lack of "low carbon energy and codes of business conduct."

Americans hunkered down during the lockdowns engaged in more do-it-yourself (DIY) home projects, lifting sales of paint and building materials at Lowe's and bigger rival Home Depot in 2020.

The bleak results come a day after larger rival Walmart Inc cut its annual profit view, even though both retailers clocked better-than-expected quarterly sales.

Musk has put his $44 billion acquisition of the social media giant temporarily on hold as he awaits details supporting Twitter's calculations that spam and fake accounts make up less than 5% of the platform's users.

According to a 13F filing with the Securities and Exchange Commission, Berkshire added more than 55 million Citigroup shares worth approximately $2.95 billion.

The company has fared better than most rivals in maintaining inventory levels due to its massive scale and negotiating power with suppliers, but costs have soared as it expedited shipments and chartered cargo ships to get products on shelves.

The company now expects comparable sales to increase about 3% in fiscal 2022, compared to its previous forecast of a slight positive growth.

FOX Business takes a look at the upcoming events that are likely to move financial markets in the coming days.

Oil giant Saudi Aramco said Sunday its profits soared more than 80% in the first three months of the year, as the state-backed company cashes in on the volatility in global energy markets and surging oil prices following Russia’s invasion of Ukraine.