S&P 500 futures are little changed as index nears all-time high: Live updates

29 Mins Ago

Natural gas hits highest level since early December, but heads for worst year since 2006

Natural gas rose more than 4% on Wednesday to hit its highest level since Dec.6. But it’s still on pace for a nearly 41% year-to-date loss and its worst year since 2006.

For December, natural gas is down more than 5% and on pace for its scond consecutive losing month.

Some of the biggest natural gas laggards in 2023 include Tellurian, Comstock and Antero. All three stocks have lost more about 26% or more.

— Samantha Subin, Gina Francolla

An Hour Ago

Stocks making the biggest moves before the bell: Coherus, Netease and more

These are the stocks moving the most in premarket trading:

Read the full list of stocks moving here.

— Lisa Kailai Han

3 Hours Ago

Tesla to revamp Model Y, report says

Tesla is readying to refresh its Model Y vehicle from the company’s plant in Shanghai, Bloomberg News reported, citing people familiar with the matter. The report said production of the new Model Y could start in the middle of next year.

Tesla shares remained little changed in the premarket.

— Fred Imbert

6 Hours Ago

A flat open in Europe

The pan-European Stoxx 600 index was little changed in early trade. Tech stocks added 0.6% to lead gains while insurance shares fell 0.4%.

The European blue chip index remained around the 477.6 mark, up 12.41% on the year and not far below the index’s record closing high of 483.44 notched in November 2021.

– Elliot Smith

14 Hours Ago

Where stocks stand as year-end nears

The three major indexes remain on pace for notable gains this month, quarter and year with just three sessions left by all three measures.

Here’s how much the three have gained in December:

Here’s the advances over the fourth quarter:

  • The Dow has gained 12.1%.
  • The S&P 500 has gained 11.4%.
  • The Nasdaq Composite has gained 14%.

Here’s where the three stand on the year:

  • The Dow has gained 13.3%.
  • The S&P 500 has gained 24.4%.
  • The Nasdaq Composite has gained 44%, on pace for its best year since 2003.

— Alex Harring

15 Hours Ago

Ascent Industries climbs after announcing deal to sell business arm

Manufacturing stock Ascent Industries jumped more than 5% in extended trading after announcing the sale of its carbon steel pipe and tubing business.

The Illinois-based company sold the business, called Specialty Pipe & Tube, in an all-cash transaction of around $55 million. Profit from the transaction, which closed Friday, will be used in part to pay down debt, Ascent said in a press release.

Shares have fallen nearly 7% in 2023, bucking the broader market’s ascent.

— Alex Harring

15 Hours Ago

Stock futures are little changed

Stock futures were muted shortly after 6 p.m. ET.

Futures tied to the Dow, S&P 500 and Nasdaq 100 all traded near flat.

— Alex Harring



This article was originally published by a www.cnbc.com . Read the Original article here. .