2 Hours Ago
Peloton continues to surge after announcing TikTok partnership
Shares of Peloton rose 6% in after hours trading as investors continued to cheer the fitness company’s new partnership with TikTok.
The collaboration includes a new fitness hub on the social media app, with content created by Peloton instructors.
The move builds on a gain of nearly 14% during Thursday’s regular trading session.
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Shares of Peloton surged on Thursday and continued to rise after the close of regular trading.
2 Hours Ago
Stock futures open slightly higher Thursday night
U.S. stock futures ticked higher on Thursday evening.
Futures linked to the S&P 500 gained 0.1%, as did futures tied to the Nasdaq 100. Dow Jones Industrial Average futures added 53 points, or about 0.1%.
The three major averages are all on pace for weekly losses.
— Darla Mercado
2 Hours Ago
Major averages poised to snap win streak
Here’s where the major averages stand for the week with one session left:
- The Dow is down -0.66% WTD, on pace to break a 9-week win streak
- The S&P 500 is down -1.70% WTD, on pace to break a 9-week win streak
- The S&P 500 has fallen for four straight sessions for the first time since its 5-day streak ending Oct. 23, 2023
- The Nasdaq is down -3.34% WTD, on pace to break a 9-week win streak with its worst weekly performance since the period ending September 2023.
- The Nasdaq suffered its fifth negative session in a row for the first time since its 6-day streak ending Oct. 12, 2022.
— Jesse Pound, Christopher Hayes
