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    • Breaking News
    Nov 16, 2022
    • Target stock plunged 15% after the retailer said third quarter earnings fell, lowered its fourth quarter outlook and estimated weak holiday sales.
      • Carnival Corp dropped 12% after the cruise operators said it plans to offer $1 billion of convertible debt as part of its debt refinancing plan.
        • Lowe's Companies lifted its full-year earnings outlook and said U.S. comparable sales rose 3%.
          • Advance Auto Parts plunged 10% after the retailer reported mixed quarterly results and reiterated weak annual outlook.
            • Retail sales, unadjusted for inflation, rose 1.3% in October from September and 8.3% from a year ago, on a rebound in auto and gasoline sales.
              • The UK consumer price inflation index accelerated in October to 11.1% from 10.1% in September to a record 41-year high.
                • Homebuilder sentiment index in November fell to the lowest level in a decade as builders struggle with higher costs and buyers with affordability.
                  • Nov 15, 2022
                  • European natural gas prices advanced more than 10% for the second day in a row.
                    • The Japanese economy shrank in the third quarter by 0.3% following the upwardly revised 1.1% increase in the second quarter.
                      • The producer price index slowed to 0.2% increase in October from the previous month and 8.0% from a year ago, the slowest gain in fifteen months.