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1 hour ago
Peloton continues to soar after announcing partnership with TikTok
Peloton stock 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 social media apps with content created by Peloton instructors.
The move builds on Thursday’s nearly 14% rise in regular trading.
See chart…
Peloton stock soared Thursday and continued to rise after the close of regular trading.
1 hour ago
Stock futures open slightly higher Thursday night.
U.S. stock futures rose Thursday night.
Futures tracking the S&P 500 rose 0.1%, and futures tracking the Nasdaq 100 rose as well. Dow Jones Industrial Average futures rose 53 points, or about 0.1%.
All three major averages are on pace for weekly losses.
— Darla Mercado
2 hours ago
Major averages poised to break winning streaks
Here are the key averages for the week with one session left:
- The Dow Jones Industrial Average fell -0.66% and is on pace to break its nine-week winning streak.
- S&P 500 falls -1.70% WTD and is on pace to break its 9-week winning streak
- This is the first time since October 23, 2023, when the S&P 500 index has declined for four consecutive sessions.
- The Nasdaq fell -3.34% WTD and is on pace to break its nine-week winning streak with its worst weekly performance since the period ending in September 2023.
- The Nasdaq has traded negative for five consecutive days for the first time since October 12, 2022, when it had six consecutive days.
— Jesse Pound, Christopher Hayes
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