|
|||||
Wall Street was largely unchanged early Wednesday as markets hovered near record levels on a holiday-shortened trading day.The Dow Jones Industrial Average was up 0.1% as of 9:45 a.m. Eastern. The S&P 500 index was up less than 0.1% and the Nasdaq Composite was down 0.1%.Markets will close at 1 p.m. ET for Christmas Eve and are closed for Christmas. Markets will reopen for a full day of trading on Friday, however volumes are expected to be light this week with the holiday and most investors having closed out their positions for the year.Much of the focus remains on the state of the U.S. economy and where the Federal Reserve will move interest rates. Investors are betting the Fed will hold steady on interest rates at its January meeting.Recent reports show high inflation and shaky confidence among consumersworried about high prices. The labor market has been slowing and retail sales have weakened.The number of Americans applying for unemployment benefits fell last week and remain at historically healthy levels despite some signs that the labor market is weakening.U.S. applications for jobless claims for the week ending Dec. 20 fell by 10,000 to 214,000 from the previous week’s 224,000, the Labor Department reported Wednesday. That’s below the 232,000 new applications forecast of analysts surveyed by the data firm FactSet.Dynavax Technologies soared 38% after Sanofi said it was acquiring the California-based vaccine maker in a deal worth $2.2 billion. The French drugmaker will add Dynavax’s hepatitis B vaccines to its portfolio, as well as a shingles vaccine that is still in development. Sanofi shares were unchanged in the premarket.European markets were moving slightly between slight gains and losses. Asian markets were also quiet, with Hong Kong moving up 0.2% while Japan’s Nikkei 225 fell 0.1%.Both gold and silver futures were higher, with silver prices rising more than 1%. U.S. crude oil rose 0.4% to %58.61 a barrel. Associated Press
Category:
E-Commerce
Nike shares ticked up 2% in premarket trading on Wednesday after Apple CEO Tim Cook bought nearly $3 million worth of the sportswear maker’s stock. Cook, who has served on Nike’s board since 2005 and is its lead independent director, bought 50,000 shares at $58.97 each, according to a regulatory filing published on Tuesday. Nike shares were trading at $58.49 on Wednesday. The purchase comes just days after Nike reported weaker quarterly margins and sluggish sales in China. Its shares have slumped nearly 13% since it reported results on December 18. Cook now holds about 105,000 shares in Nike, as of December 22, the filing showed. Aishwarya Venugopal, Reuters
Category:
E-Commerce
During the week of Christmas, the Food and Drug Administration (FDA) has announced food recalls for several holiday treats. Before you begin enjoying your holiday snacks, its a good idea to check whether any of the goodies you have at home were recently recalled. Heres what you need to know. The following food products are part of recent food recalls: Atwaters cookie tins Choceur cookie butter holiday bark Choceur pecan, cranberry and cinnamon holiday park Troemner Family Farm Pfeffernusse Cookies You can find more details about each product recall below. Atwaters cookie tins On December 22, 2025, Baltimore-based Atwaters recalled 197 of its cookie tins because the cookies contain almond, pecan, and walnut allergens. People with an allergy or severe sensitivity to tree nuts, almonds, pecans, or walnuts are at risk of serious or life-threatening allergic reactions if they consume the recalled product. The recalled product is sold in a circular metal tin with a bow tied around it. The cookie tin has an Atwaters cookie tin label on the bottom of the package. However, the packaging failed to identify the nut allergen. The cookie tins were distributed from December 13 through December 22, 2025, in Baltimore, Towson, and Catonsville, Maryland. They were sold at retail stores and “gifted” to three wholesalers, the notice says. Consumers who have purchased the cookie tins are encouraged to return them to the place of purchase for a full refund. More information, including product images, can be found in the recall announcement on the FDA’s website. Choceur holiday barks On December 22, 2025, Silvestri Sweets of Illinois expanded its voluntary recall of Choceur-branded holiday barks to include additional lot numbers and best-by dates. The company recalled the following products for the following reasons: Choceur cookie butter holiday bark. This product may contain undeclared pecans, the notice states. Choceur pecan, cranberry and cinnamon holiday park. This product may contain undeclared wheat. The recalled items are sold in 5-ounce stand-up pouch bags. They were distributed nationwide at Aldi grocery stores. Products with the following lot numbers and best buy dates are affected: Cookie butter holiday bark: Lot #: 28525 Best By May 2026 Lot #: 29925 Best By May 2026 Lot #: 30625 Best By May 2026 Pecan, cranberry and cinnamon holiday bark: Lot #: 28525 Best By August 2026 Lot #: 29925 Best By August 2026 Lot #: 30625 Best By August 2026 To date, no illnesses have been reported. Consumers who have purchased the recalled products should throw them away. More information about these recalls, including images, can be found on the FDA’s website. Troemner Family Farm Pfeffernusse Cookies Troemner Farm of Atlantic Mine, Michigan, has recalled its Troemner Family Farm Pfeffernusse Cookies because they may contain undeclared milk, wheat, or soy. People with allergies or severe sensitivity to milk, wheat, or soy are at risk of serious or life-threatening allergic reactions if they consume these recalled products. The products were sold in 6-ounce and 12-ounce packages. They were distributed to retail locations in just two cities: Hancock and Calumet, Michigan A missing labeling was revealed during a routine inspection, according to the FDA’s notice. Consumers who have purchased Troemner Family Farm Pfeffernusse Cookies are encouraged to return them to Troemner Farm for a refund or replacement. More information, including product images, can be found on the FDA’s website.
Category:
E-Commerce
All news |
||||||||||||||||||
|
||||||||||||||||||