Another government shutdown threat is in the headlines. Our Market Sense team will take a look back at past shutdowns and the minimal impact they've had on the stock market. They'll also discuss other risks and opportunities coming out of Washington, and what they could mean for your investments: tariff uncertainty, immigration policy, and why the recent corporate tax cuts could create a market tailwind. Topics covered: • Government shutdown • Corporate tax cuts • Tariffs • Immigration 00:00: Market Sense I ...

Eastman Chemical Company (NYSE:EMN) ranks 8th on our list of the S&P 500 stocks with a low PE ratio. On August 14, S&P Global Ratings downgraded EMN’s outlook to Negative from Stable, noting that there are sector pressures. The firm kept its ‘BBB’ rating intact. According to the rating agency, trade tensions and tariffs are anticipated to exert more pressure on product demand and shake up Eastman’s 2025 performance. During its Q2 earnings call, the company noted that American tariffs and retaliatory measu ...

Market Overview - US stocks are experiencing a modest selloff, with the Dow down approximately 76 points, the S&P 500 off about a third of a percent, and the Nasdaq Composite down nearly half a percent [3][4] - Defensive sectors such as healthcare and utilities are limiting losses, while cyclical sectors like communication services, financials, and industrials are underperforming [5][6] Government Shutdown Impact - The government shutdown could reduce GDP by 0.1% to 0.2% for each week it continues, with the last shutdown resulting in a $3 billion loss in real GDP for Q4 2018 and Q1 2019 [7][8] - The current shutdown is different from the previous one as it is a full shutdown, raising concerns about its duration and potential economic impact [10][12] Employment and Economic Data - The ADP jobs report indicated a drop of 32,000 jobs, leading to a market reaction that saw yields decline and increased expectations for rate cuts by the Federal Reserve [28][29] - The Fed is closely monitoring labor market data, with indications that a significant demand shortfall may prompt rate cuts to prevent rising unemployment [34][36] Union Pacific and Ford Insights - Union Pacific is in the process of a significant $85 billion merger with Norfolk Southern, which aims to create the first transcontinental railroad in the US [55][56] - Ford's CEO highlighted a worker shortage in critical industries, emphasizing the need for skilled trades and the impact of tariffs on operational costs, estimating a $2 billion net tariff impact this year [80][82] Emerging Markets and International Opportunities - Emerging markets, particularly in technology, are gaining investor interest, with a notable rise in the EMQQ ETF, which tracks emerging market internet companies [87][89] - Latin America is highlighted as a significant growth area, with companies like Mercado Libre leading the charge in e-commerce and financial services [93][94]

OTTAWA, Oct 1 (Reuters) - The Bank of Canada expects to release baseline projections for the economy and inflation with its monetary policy report in October, its summary of deliberations released on Wednesday showed. The central bank had stopped giving definitive estimates for Canada's economy from the second quarter and instead opted to lay out a range of projections based on how U.S. tariffs impact the economy. Governor Tiff Macklem had based the decision to pause baseline estimates on extreme uncer ...

David Paul Morris/Bloomberg via Getty Images Nike reported its latest quarterly financial results after Tuesday's closing bell. Key Takeaways Nike shares are rising after the company said wholesale revenue rose and running gear sales took off last quarter. The athletic brand's turnaround still faces a number of challenges, including higher tariff costs than previously anticipated and weak sales of its "classic" footwear franchises. The revamp of Nike's brand made headway last quarter, according to e ...

This story was originally published on CFO Dive. To receive daily news and insights, subscribe to our free daily CFO Dive newsletter. Dive Brief: Nike expects to incur $1.5 billion in tariff costs this year, up from its prior estimate of $1 billion, CFO Matthew Friend said Tuesday. The athletic footwear and apparel giant raised its estimate due to new reciprocal tariff rates that have taken effect since the last quarter, Friend said in an earnings call. “We are monitoring developments closely, and I re ...

Good morning everyone. I'm Alec Canal and you're taking a live look at the opening bells on Wall Street this Wednesday morning. Neptune flood ringing the bell at the New York Stock Exchange and Hologic getting things started over at the NASDAQ.this as traders digest the start of a government shutdown against the backdrop of strong thirdarter gains and growing questions about whether that momentum can carry into Q4. Now, Opening Bid is all about serving up investing analysis you need to know to unleash the p ...

Financial Data and Key Metrics Changes - The fiscal first quarter results exceeded expectations, with a net debt reduction of over $400 million compared to the previous year [30] - The company is on track to pay down $700 million in debt for fiscal 2026, supported by divestitures and cash flow from operations [27][30] - Overall inflation guidance remains slightly above 7%, with core inflation pressures primarily from animal proteins [20][96] Business Line Data and Key Metrics Changes - Frozen business is expected to regain momentum after service interruptions, with innovations like Dolly Parton frozen meals performing well [41][42] - The company experienced a shift in promotional events, impacting sales timing, but anticipates a return to growth in frozen and snacks categories [7][14] - The company reported a 3% growth in frozen business in Q2 of the previous year, indicating potential for recovery [39] Market Data and Key Metrics Changes - The company noted a low single-digit decline in consumption trends for the second quarter, attributed to timing shifts in promotional events [5][6] - Retailers are returning to pre-COVID promotional levels, which is expected to support volume growth [81] Company Strategy and Development Direction - The company is focusing on driving volume in frozen and snacks while maximizing cash through inflation-justified pricing [8][68] - There is an emphasis on innovation and marketing to attract value-seeking consumers, particularly in lower-income demographics [76][78] - The company plans to leverage technology, including AI, to enhance core processes and lower costs [57] Management's Comments on Operating Environment and Future Outlook - Management remains optimistic about the second half of the fiscal year, expecting positive sales growth driven by volume momentum and effective pricing strategies [7][15][68] - The company acknowledges ongoing inflation and value-seeking behavior among consumers but believes it can navigate these challenges effectively [76][70] Other Important Information - The company has achieved service levels of 98%, which is crucial for restoring consumer confidence and merchandising activities [14][67] - The company is about 85% covered for Q2 in terms of commodity pricing, with a focus on managing exposure to animal proteins [23] Q&A Session Summary Question: What is driving the expected inflection in sales growth for the second half? - Management attributes the expected growth to volume momentum in frozen products and successful pricing strategies [7][8] Question: How much did trade expense timing benefit organic sales growth in Q1? - The benefit from trade expense timing was approximately 50 basis points in Q1, which will flip to Q2 [12] Question: What is the outlook for frozen entrees given recent share loss? - Management remains positive about the frozen business outlook, citing strong innovation and recovery from supply interruptions [39][42] Question: How is the company addressing inflation and pricing elasticity? - The company tracks elasticities weekly and has built in historical expectations, indicating confidence in managing pricing without significant volume loss [71][100] Question: What are the expectations for promotional levels and volume share performance? - Promotional levels are returning to pre-COVID norms, and the company is cautiously optimistic about improving volume share performance [81][84]

Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. Homeowners are paying 9.3% more in home insurance premiums in 2025 compared to last year, according to a new report from digital insurance agency Matic. Today, the average homeowner is paying an annual home insurance premium of around $1,966. What's Making Home Insurance Premiums More Expensive These are the main factors causing the spike in premiums costs, according to Matic: Climate change: Because of ...

Nike shares uh up nicely today about 4%. Profit and revenue beat Wall Street expectations signaling turnaround efforts that the company may be taking hold. Uh sales grew about 1% from the same quarter a year ago.Surprising analysts. Nike expects current quarter revenue revenue though to fall by low singledigit uh percentages in line with where the street was. Anyway, on the topic of tariffs, and that's has a lot to do with this, Nike said it expects a hit of $1.5% billion uh and a gross margin impact of 1.2 ...