Stocks closed lower on Wednesday, marking a third straight session of losses for the S&P 500 (^GSPC) and underscoring the seasonal trend of market declines in September. But one of Wall Street’s most prominent bulls thinks the S&P could gain another 13% this year. “Yes, there is still a fair […]
stocks
This is The Takeaway from today’s Morning Brief, which you can sign up to receive in your inbox every morning along with: Stocks were under pressure Wednesday after Fitch cut the rating on US debt to AA+ from AAA. The Nasdaq Composite (^IXIC) sank 2%, while the S&P 500 (^GSPC) […]
Receive free Cie Financiere Richemont SA updates We’ll send you a myFT Daily Digest email rounding up the latest Cie Financiere Richemont SA news every morning. Shares in high-flying European luxury goods groups tumbled on Monday after Switzerland’s Richemont suffered a slowdown in US demand that punctured investor optimism about […]
“Rich Dad Poor Dad” author Robert Kiyosaki.The Rich Dad Channel/YouTube Robert Kiyosaki expects the stock market to crash and the US economy to suffer a historic downturn. The “Rich Dad Poor Dad” author has been warning about stocks and growth for more than two years. Stock buyers are betting big […]
This is The Takeaway from today’s Morning Brief, which you can sign up to receive in your inbox every morning along with: Stocks have rallied this year, and Wall Street’s forecasts have followed the market higher. As Yahoo Finance’s Josh Schafer has chronicled in recent weeks, strategists from several firms […]
This is The Takeaway from today’s Morning Brief, which you can sign up to receive in your inbox every morning along with: The US 10-Year Treasury Note yield (^TNX) jumped 9 basis points Wednesday to settle at 3.945% — the highest level since just before the mini bank panic in […]
This is The Takeaway from today’s Morning Brief, which you can sign up to receive in your inbox every morning along with: I have been surprised by a few things at this juncture in 2023. First, I don’t appear to be aggressively aging three months or so into my new […]
Stocks surged higher on Friday after a strong May jobs report and news late Thursday that the Senate passed the debt ceiling bill eased fears over a US debt default and a marked slowdown in the economy. The S&P 500 (^GSPC) rose 1.45% while the Nasdaq Composite (^IXIC) popped 1.07%. […]
Stay on top of the latest news, trends and stocks to watch across a wide range of industries, including banks and finance, airlines, energy, retail, health care, biotech, semiconductors and more. Then, follow up using the IBD Stock Screener tool to narrow your search. Will Nvidia’s Strong Outlook Defuse Talk […]
Wall Street is having fearful flashbacks to 2015, the last time a political standoff over the nation’s borrowing limit caused the Treasury to postpone one of its regular monthly auctions of long-term debt. Bloomberg’s Liz Capo McCormick reports. NEW YORK — Wall Street fell again Wednesday as stocks tumbled […]
Stocks surged higher Friday afternoon as investors waited for developments from Washington, D.C. on the debt-ceiling deliberations and digested the latest corporate earnings as a new wave of AI optimism boosted tech stocks. All three major indexes ended the trading day higher with the Nasdaq pacing gains. The S&P 500 […]
These are the stocks moving in after-hours trade on May 18, 2023. Ross Stores (ROST) Ross Stores share dipped in the post market after the low-priced retailer said it still sees comp sales growth for the current quarter to stay “relatively flat.” “There remains a high level of uncertainty in […]
This is The Takeaway from today’s Morning Brief, which you can receive in your inbox every Monday to Friday by 6:30 a.m. ET along with: The world is full of scary things. Giant snakes. Sharks. Clowns. Piano recitals. And right now, putting your money into retail stocks. Okay, investing in […]
U.S. stocks tumbled on Tuesday as the fallout from First Republic Bank’s (FRC) failure continued to hit bank stocks and the Federal Reserve began its two-day meeting. The S&P 500 (^GSPC) closed 1.16% lower, while the Dow Jones Industrial Average (^DJI) tumbled more than 300 points, or 1.08%. The technology-heavy […]
U.S. stocks closed mixed on Wednesday following strong quarterly results from Microsoft (MSFT) and Alphabet (GOOGL) that kicked off a big tech earnings bonanza this week. Investors were also hit with a fresh wave of concern about the health of regional banks. The S&P 500 (^GSPC) closed down 0.39% as […]
U.S. stocks closed Friday’s trading session sharply higher as investors digested the Labor Department’s closely watched April jobs report, which showed the U.S. labor market remains strong but that growth is moderating. That gave investors hope that the Fed may pause its interest rate hikes at its meeting next month. […]
This is The Takeaway from today’s Morning Brief, which you can receive in your inbox every Monday to Friday by 6:30 a.m. ET along with: There is one trade being devoured by investors right now — and no, it’s not shorting First Republic (FRC). It’s the food trade. From restaurant […]
NEW YORK — Wall Street tumbled Tuesday to its worst day in a month on worries about the strength of corporate profits and the economy following some mixed reports. The S&P 500 fell 1.6% to break out of a weekslong lull. The Dow Jones Industrial Average dropped nearly 345 points, […]
U.S. stocks were flat Wednesday as investors digested another flurry of corporate earnings, including Morgan Stanley (MS). The S&P 500 (^GSPC) was little changed at the close, while the Dow Jones Industrial Average (^DJI) slid by 0.23%. The technology-heavy Nasdaq Composite (^IXIC) ended the trading session above the flatline. Bonds […]
These are some of the stocks moving in after-hours trade on April 20, 2023: Clorox Clorox (CLX) is cutting about 200 jobs as it aims to continue a reorganization effort launched last year. The cuts were announced in a blogpost by CEO Linda Rendle. The maker of disinfectant wipes and […]