Stocks opened lower Wednesday and continued declining as the session wore on as a rare downgrade to the U.S. credit rating spooked investors. Also on Wall Street’s radar today was a much higher-than-expected reading on private payrolls, though this did little to change expectations about what the Federal Reserve will do with interest rates at… Continue reading Stock Market Today: Stocks Slide on Rare U.S. Credit Rating Downgrade
Bond Basics: How to Reduce the Risks
Bonds can help diversify your portfolio, but they are not risk-free. You can learn to identify and evaluate the risks and see if they work to your advantage or disadvantage. Find out more about how bonds work and how to put them to work for you. Risk in the bond market Bonds have two major vulnerabilities… Continue reading Bond Basics: How to Reduce the Risks
Best Long-Term Investment Stocks to Buy
Folks seeking out the best long-term investment stocks to buy have a few ways to approach the task. One is to follow the advice of Ben Graham, the father of value investing, using his classic book, The Intelligent Investor. Graham suggests that a defensive investor should buy stocks of large, conservatively financed companies with good… Continue reading Best Long-Term Investment Stocks to Buy
US stocks fall as Dow sheds nearly 350 points after Fitch credit-rating downgrade
Phil Rosen : Traders work on the floor of the New York Stock Exchange (NYSE) on June 01, 2023 in New York City. Despite the passing the debt ceiling bill in the U.S. House of Representatives, the Dow was lower in morning trading. Spencer Platt/Getty US stocks dropped Wednesday, with the Dow shedding nearly 350… Continue reading US stocks fall as Dow sheds nearly 350 points after Fitch credit-rating downgrade
Stocks are on track for a 28% gain this year, and the bull market will stretch into 2024, Oppenheimer says
The S&P 500 is on track to gain 28% this year after a dismal 2022, Oppenheimer said. The investment bank raised its price target for the benchmark index to 4,900. That’s thanks to the resilience of the US economy as inflation continues to cool. Loading Something is loading. Thanks for signing up! Access your favorite… Continue reading Stocks are on track for a 28% gain this year, and the bull market will stretch into 2024, Oppenheimer says
China has to stabilize its housing market and address risks to its economy if it wants to avoid ‘Japanification’, JPMorgan says
JPMorgan strategists warned that China could turn into the Japan of the 1990s unless it addresses specific economic challenges. China has a rapidly aging population and a difficult macro environment, but it also has some strong points. Beijing must stabilize its housing market to avoid the same pitfalls Japan faced decades prior. Loading Something is… Continue reading China has to stabilize its housing market and address risks to its economy if it wants to avoid ‘Japanification’, JPMorgan says
The housing market may be about to get even more unaffordable as home prices are set to spike 6% in 2023 and 7% in 2024, think tank says
The housing market is about to get even more unaffordable as the cost of buying a home jumps. Home prices could spike 6% this year and 7% in 2024, the AEI Housing Center estimated. That will add more strain to buyers who are slammed with high mortgage rates. Loading Something is loading. Thanks for signing… Continue reading The housing market may be about to get even more unaffordable as home prices are set to spike 6% in 2023 and 7% in 2024, think tank says
‘Another flex the muscles moment’: Here’s what Wall Street expects from Apple’s upcoming earnings report
All eyes are on Apple as the iPhone maker reports its fiscal third-quarter earnings results on Thursday.The world’s largest company is expected to show continued resiliency in growth in its Services business.Here’s what Wall Street expects from Apple’s upcoming earnings report. Loading Something is loading. Thanks for signing up! Access your favorite topics in a… Continue reading ‘Another flex the muscles moment’: Here’s what Wall Street expects from Apple’s upcoming earnings report
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