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    • Breaking News
    Dec 7, 2022
    • Container freight rates between Asia and the U.S. West Coast plunged 93% and down 84% between Asia and the U.S. East Coast as of December 2 from a year ago, according to the Baltic Dry Index.
      • Dec 6, 2022
      • Sumo Logic soared 11% after the cloud company said the fiscal third quarter sales rose 27% to $79 million and loss narrowed to $26.3 million or 22 cents from $30.8 million or 28 cents a year ago.
        • Brent crude oil dropped for the second week and fell to a 11-month low, below the price before Russia's invasion of Ukraine in late February.
          • The Russian ruble falls to a two-month low below 63 against the U.S. dollar after the EU oil embargo kicked in.
            • Germany's factory orders declined 0.8% in October from September when orders fell downwardly revised 2.9% and declined 3.2% from a year ago. Export orders rose 2.5% and domestic orders fell 1.9%.
              • The U.S. international trade deficit in goods and services was $78.2 billion in October, an increase of 19.9% from a year ago and 5.4% from September, BEA reported Tuesday.
                • Dec 5, 2022
                • Eurozone retail sales declined 1.8% from the previous month in October and 2.7% from a year ago, extending five months of weakness, Eurostat said Monday.
                  • The U.S. stock index futures trade lower, European markets turn volatile and China stocks advance after more cities relax lockdown rules.
                    • China-linked casino stocks jumped between 5% and 10% on the hopes of travel pickup after more Chinese cities ease movement restrictions.
                      • VF Corp, the parent of Timberland and The North Face, plunged 10% after the company trimmed sales outlook in the second half and announced the resignation of its chief executive.