Is the stock market open on Good Friday? The answer to this question is no. The stock market will be closed Friday, April 7, for Good Friday. While Good Friday is a stock market holiday, it is not a federal holiday. As a result, the March jobs report will be released Friday morning. The strength… Continue reading Is the Stock Market Open on Good Friday?
The stock market is gearing up for its strongest 4 weeks of the year as another signal suggests the US banking crisis is over
The stock market will generate its strongest gains of the year in April, according to Fundstrat.The research firm said the S&P 500 could surge more than 4% to nearly 4,300 by the end of April.Supporting the macro environment is a cool down in bond volatility, which suggests the US banking crisis has ended. Loading Something… Continue reading The stock market is gearing up for its strongest 4 weeks of the year as another signal suggests the US banking crisis is over
US stocks end mixed as energy sector rides surge in oil prices while tech stocks fall
US stocks ended Monday’s session mixed. The energy sector jumped alongside crude oil prices. Brent and WTI oil soared after OPEC+ announced production cuts will start in May. Tech stocks were weighed by the renewed prospect of higher interest rates. Loading Something is loading. Thanks for signing up! Access your favorite topics in a personalized… Continue reading US stocks end mixed as energy sector rides surge in oil prices while tech stocks fall
Dogecoin soars 20% after the token’s Shiba Inu mascot replaces Twitter’s bird logo
Dogecoin jumped 20% on Monday after Twitter users noticed the token’s Shiba Inu mascot on Twitter’s website. Elon Musk, who’s regularly pumped the meme coin, also brushed off a lawsuit related to the token. Musk’s lawyers defended his “silly” tweets about the coin, asking a judge to toss a $258 billion suit. Loading Something is… Continue reading Dogecoin soars 20% after the token’s Shiba Inu mascot replaces Twitter’s bird logo
The energy sector is having its best day in 6 months as oil soars after OPEC+ announces surprise production cuts
The S&P 500’s Energy Index popped as much as 5.5% Monday, its best day since October. Energy stocks were the top 10 gainers in the benchmark index in Monday’s session. The price surge follows OPEC+’s surprising decision to slash oil production. Loading Something is loading. Thanks for signing up! Access your favorite topics in a… Continue reading The energy sector is having its best day in 6 months as oil soars after OPEC+ announces surprise production cuts
Tesla falls 7% as first quarter deliveries show growing inventory buildup and analysts say that more price cuts may be needed
Tesla stock fell 7% on Monday after the company announced its first quarter vehicle deliveries.Tesla delivered 422,900 vehicles last quarter, which was ahead of Wall Street’s 421,500 estimate.The stock fell as Tesla vehicle inventory surged, suggesting to some analysts that they need to enact more price cuts to spark demand. Loading Something is loading. Thanks… Continue reading Tesla falls 7% as first quarter deliveries show growing inventory buildup and analysts say that more price cuts may be needed
High Yields From High-Rate Lenders
A likely peak in inflation, along with interest rates that are thereby also at or near their apex, stands to revitalize the long-running global search for high yields. That should mean more demand for high-yielding credit securities, which include business development companies, or BDCs (typically high-rate lenders to small or midsize firms, with similar tax… Continue reading High Yields From High-Rate Lenders
Russia is undergoing ‘reverse industrialization’ as limited resources force a retreat from high tech industries, Finland’s central bank says
Russia’s economy is going though “reverse industrialization,” Finland’s central bank said. The country is shifting away from investments in technology to support its war on Ukraine. “Russia is stuck ineluctably on a path to lower potential growth and a bleak economic future.” Loading Something is loading. Thanks for signing up! Access your favorite topics in… Continue reading Russia is undergoing ‘reverse industrialization’ as limited resources force a retreat from high tech industries, Finland’s central bank says
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