Macy's (M) Plunges Off Delayed Earnings, Homebuilder Downgrades

Barclays downgraded four homebuilding companies over concerns the construction market could be hitting a new ceiling. Macy's (M) sold off after the company reported earnings, which were delayed due to an accounting employee creating $151 million in false bookkeeping entries. George Tsilis weighs the good and bad behind this morning's top movers.

Morning Trade Live

11 Dec 2024

SHARE

Schwab Network's Newsletters

Daily insights for every investor

ON AIR
12:30 am
Market On Close
replay
12:00 am
Market Overtime
REPLAY
ON AIR
12:30 am
Market On Close
REPLAY
2:00 am
Market Overtime
REPLAY
2:30 am
Market Overtime
REPLAY
3:00 am
Fast Market
REPLAY
4:00 am
Next Gen Investing
REPLAY
education
5:00 am
Liz Ann Live
REPLAY
5:30 am
The Wrap
REPLAY
education
7:00 am
Schwab 2026 Outlook
REPLAY
8:00 am
Market Overtime
REPLAY
8:30 am
Market On Close
REPLAY
education
10:00 am
Schwab 2026 Outlook
REPLAY
11:00 am
Fast Market
REPLAY
12:00 pm
Next Gen Investing
REPLAY
education
1:00 pm
Liz Ann Live
REPLAY
1:30 pm
The Wrap
REPLAY
education
3:00 pm
Schwab 2026 Outlook
REPLAY
4:00 pm
Market Overtime
REPLAY
4:30 pm
Market On Close
REPLAY
education
6:00 pm
Schwab 2026 Outlook
REPLAY
7:00 pm
Fast Market
REPLAY
8:00 pm
Next Gen Investing
REPLAY
education
9:00 pm
Liz Ann Live
REPLAY
9:30 pm
The Wrap
REPLAY
education
11:00 pm
Schwab 2026 Outlook
REPLAY