Stocks On Wall Street Turn Lower After Strong Jobs Report

U.S. non-farm payrolls rose sharply higher in June fueling the worries of a larger rate hike at the next Fed's meeting this month.

LEVI WDFC

European Movers: Holcim, JD Sports, TAG Immobilien

TAG Immobilien initiated a shareholder rights plan and raise capital to finance the acquisition of ROBYG SA. Holcim agreed to acquire the leading ready concrete-mix maker in Romania.

European Markets Edge Higher In Cautious Trading

European markets advanced in cautious trading after Italian production declined for the first time in four months. France's trade and current account deficit widened and Norway's trade surplus soared on a surge in energy exports.

Levi Strauss Quarterly Sales Rise 15% Despite Strong Dollar

Levi Strauss said quarterly sales rose 15% and earnings dropped 23% on charges linked to closure of Russian operations. The strong dollar also impacted international sales growth.

LEVI

WD-40 Plunges 10% After Quarterly Revenues and Income Dropped

WD-40 said third quarter revenues declined after strong dollar hurt international sales translation. The company also lowered its annual sales and earnings outlook.

WDFC

Kura Sushi Soars On Third Quarter Results

Kura Sushi said third quarter sales more than doubled from a year ago and lifted annual sales outlook.

KRUS

U.S. Indexes Extend Gains On Oil and Tech Stocks Rally

U.S. indexes extended rally to the fourth day and are set to close the week higher after energy stocks led the rebound. Natural gas prices rebounded 13%. The UK pound was in focus after Prime Minister Boris Johnson was forced out plunging the British economy in turmoil.

Four Day Rally In U.S. Stocks

U.S. stocks extended gains for the fourth day in a row and weekly jobless claims rose. Trade deficit declined in May but increased 38% from a year ago.

U.S. Stocks Close Higher After Fed Minutes

U.S. stocks closed higher after the release of Fed's minutes of meeting held in June. Policy members favored higher and faster rate increases fearing the anchoring of inflation at elevated levels and Fed's inflation-fighting credibility in question.

Movers: Amazon, Chord Energy, Microsoft, Norwegian Cruise, Paramount Resources, Rivian, RingCentral

Oil complex dropped for the third day in a row after crude oil prices extended losses and traded below $100 for the second day in a row. RingCentral plunged 10%. Amazon may take a stake in Grubhub.

AMZN RIVN MSFT RNG

U.S. Indexes Fall In Volatile Trading Tracking Lower Oil

U.S. stocks traded lower in volatile trading following the declines in the energy market. The labor market remained tight in May and new job postings declined but remained elevated.

European Markets Rebound After Norway Energy Workers Return to Work for Now

European markets rebounded more than 1% after Norway forced a mandatory arbitration between Equinor and striking oil and gas workers.

Tech Stocks Rally Lifts Nasdaq and Erases 2% Loss In S&P 500

The decline in the U.S. bond yield powered the tech rally. Crude oil plunged 8% but natural gas braced for volatile trading on Norway supply worries. The British pound sank after two senior ministers quit and the euro fell to a two-decade low on recession fears.

U.S. Stocks Drop On Profit Growth Worries

Crude oil plunged 8% below $100 a barrel for the first time in six weeks as recession worries dragged market indexes across the Atlantic by 2%. U.S. Treasury yields inch lower.

Euro Inches Two-Decade Low On Recession Fears, European Markets Drop 2%

European markets declined more than 2% and the euro dropped 1to its lowest level in two decades on the growing recession fears and the war in Ukraine showing no signs of ending.