Stocks jumped out of the gate Friday after the release of the August jobs report. But enthusiasm from the few investors that stuck around ahead of the long holiday weekend didn’t last, with all three indexes ending in the red. The Labor Department this morning said the U.S. added 315,000 new jobs in August, well… Continue reading Stock Market Today: Stocks Swing Lower as Early Jobs-Fueled Rally Fizzles | Kiplinger
Is the Stock Market Closed on Labor Day 2022? | Kiplinger
Markets Stock markets and bond markets alike will enjoy their annual three-day weekend as America observes Labor Day.While the fall equinox is still a few weeks away, the unofficial end of summer – also known as Labor Day – is upon us. That means a three-day weekend for investors and traders. The stock market is closed for… Continue reading Is the Stock Market Closed on Labor Day 2022? | Kiplinger
Stop Being Afraid of a Down Market | Kiplinger
Nobody likes a down stock market – or do they? Almost every conversation I have had with clients this year included some amount of fear over where the markets are and where they are headed. The concerns range from losing a few more percentage points (possible) to losing 100% of their money (absurd). If an… Continue reading Stop Being Afraid of a Down Market | Kiplinger
US stocks turn negative as markets digest job gains and new uncertainty in Europe’s energy crisis
US stocks gave up early gains to turn sharply lower amid more uncertainty over Europe’s energy crisis. Russia’s Gazprom said Friday it would keep the Nord Stream 1 gas pipeline shut down due to a leak. Earlier, payroll data showed a gain of 315,000 last month, which largely matched economists’ forecasts. Loading Something is loading.… Continue reading US stocks turn negative as markets digest job gains and new uncertainty in Europe’s energy crisis
Russia’s Gazprom will keep the Nord Stream 1 gas pipeline shut down after finding a leak, heightening Europe’s energy crisis
Gazprom said late Friday its Nord Stream 1 pipeline would remain shut down indefinitely. The state-run energy firm said it found leaks during a maintenance check. Germany’s economy minister warned that Russia would likely keep the pipeline closed. Loading Something is loading. Russia’s state-run energy giant Gazprom said late Friday it will keep shut ifs… Continue reading Russia’s Gazprom will keep the Nord Stream 1 gas pipeline shut down after finding a leak, heightening Europe’s energy crisis
The stock market could still rally to new highs by the end of the year as plunging oil prices help tame inflation, Fundstrat’s Tom Lee says
Stocks have approached the “no bid” situation seen in June, yet they could still rally to new highs by year-end, according to Fundstrat.The research firm pointed to plunging oil prices as yet another sign that inflation is “dropping like a rock.””Further declines in gasoline should also lower consumer inflation expectations,” Lee said. Loading Something is… Continue reading The stock market could still rally to new highs by the end of the year as plunging oil prices help tame inflation, Fundstrat’s Tom Lee says
Bridgewater, Renaissance and other top hedge funds bought nearly $1 billion of Warren Buffett’s Berkshire Hathaway in the 2nd quarter, report says
Hedge funds bought nearly $1 billion in Berkshire Hathaway stock in the second quarter, the Financial Times said. The funds include DE Shaw, Renaissance Technologies and Bridgewater Associates. Berkshire Hathaway has lost a modest 6% so far this year — far outperforming the S&P 500, which has tumbled 17%. Loading Something is loading. Top hedge… Continue reading Bridgewater, Renaissance and other top hedge funds bought nearly $1 billion of Warren Buffett’s Berkshire Hathaway in the 2nd quarter, report says
Wharton professor Jeremy Siegel says most inflation data is coming in below expectations and the Fed’s hawkish outlook is at odds with economic reality
Inflation is improving and the Fed’s hawkish view is at odds with the economy, Jeremy Siegel said. He noted that 26 of 27 inflation indicators have been below expectations in the last month. It could mean the Fed won’t have to raise rates as much as many observers are expecting. Loading Something is loading. Federal… Continue reading Wharton professor Jeremy Siegel says most inflation data is coming in below expectations and the Fed’s hawkish outlook is at odds with economic reality
Recent Post
