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Surprise rate cuts by China’s central bank stoke worries about the world’s second largest economy, while a former Fed official’s call for an immediate easing rattled U.S. investors.

Stellantis posted a steep first-half drop in earnings that fell below forecasts as more cars sat at dealerships in the U.S., prompting the company to consider price cuts and reduce production.

Orders down 6.6%, excluding volatile transportation up 0.5%

The Japanese yen early Thursday strengthened more than 1% to below 152 per U.S. dollar for the first time since early May.

Hasbro’s second-quarter adjusted profit of $1.22 a share was well above the FactSet consensus estimate of 78 cents a share.

ServiceNow has a “solidifying position as one of the few true AI beneficiaries in software,” an analyst says.

New York Community Bancorp’s stock fell 6% in premarket trading after the lender reported a second-quarter loss and larger-than-expected charge-offs mostly on office and multi-family property loans that it doesn’t expect to be paid back.

Shares of Dow Inc. dove toward an eight-month low Thursday, after the materials-science company missed on second-quarter earnings, citing continued weakness in the economy.

AbbVie on Thursday reported second-quarter sales and profit that beat expectations as newer immunology drugs delivered the rapid growth needed to offset plunging sales of blockbuster Humira.

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A Morgan Stanley fund crunched the numbers on companies that do buybacks while awarding employees stock

Oil futures fell early Thursday after China’s central bank delivered another cut to rates, underlining worries about demand from the world’s second largest crude consumer.