Tech stocks led the broader market lower Friday, as government-bond yields spiked after a pair of Federal Reserve officials weighed in on rate hikes. The 10-year Treasury yield jumped as high as 2.998% – its loftiest level since late July – before ending up 9.4 basis points at 2.974%. (A basis point is one-one hundredth… Continue reading Stock Market Today: Nasdaq, S&P Snap Weekly Win Streaks as Tech Slumps | Kiplinger
What’s All the Fuss About Direct Indexing? | Kiplinger
investing Investors who want control over which stocks they own are looking at direct investing. It comes with some distinct advantages, but it’s not for everyone. Here’s what to consider if you’re curious.You may have heard about direct indexing recently. It isn’t new, but it may feel that way given all the attention and interest… Continue reading What’s All the Fuss About Direct Indexing? | Kiplinger
Stock Market Today: Stocks Struggle for Direction After Mixed Data | Kiplinger
Stock Market Today Existing home sales fell for a sixth straight month in July, while the latest jobs data pointed to a stable labor market.Choppy is the best word to describe how stocks behaved Thursday, with the major indexes spending the session bouncing between positive and negative territory. In focus today was the release of… Continue reading Stock Market Today: Stocks Struggle for Direction After Mixed Data | Kiplinger
Stock Market Today: Stocks Drop After Target Earnings, Fed Minutes | Kiplinger
Stocks took a sharp turn lower in early trading Wednesday, as a major earnings miss from one of the nation’s biggest retailers shocked investors. Ahead of the opening bell, Target (TGT) said its second-quarter earnings plunged 90% year-over-year to 39 cents per share – missing analysts’ consensus estimate by a mile – as the company… Continue reading Stock Market Today: Stocks Drop After Target Earnings, Fed Minutes | Kiplinger
Stocks: Winners and Losers from the Strong Dollar | Kiplinger
Foreign Stocks & Emerging Markets The greenback’s rise may hurt companies with a global footprint, but benefit those that depend on imports.A strong dollar is a thorn in the side of U.S companies with a global footprint. Revenues earned overseas translate into fewer greenbacks here when the dollar is strengthening. And U.S. products become increasingly… Continue reading Stocks: Winners and Losers from the Strong Dollar | Kiplinger
What Retail Earnings Say About the Consumer | Kiplinger
stocks The latest batch of retail earnings point to a resilient consumer in these high-inflation times, analysts say.This week’s earnings calendar is stacked with retailers – giving us a bird’s eye view of how inflation is affecting consumer spending. According to Michael Reinking, senior market strategist at the New York Stock Exchange, “results from both… Continue reading What Retail Earnings Say About the Consumer | Kiplinger
Stock Market Today: Dow Reclaims 34K as Walmart, Home Depot Stocks Soar | Kiplinger
Stock Market Today Both retailers reported higher-than-expected earnings and revenue in Q2 and reiterated their full-year forecasts.Stocks started Tuesday on shaky ground before muscling higher thanks to a pair of well-received earnings reports from retail giants. Walmart (WMT) stock jumped 5.1% after the mega-retailer reported higher-than-expected earnings and revenue for its second quarter. The company… Continue reading Stock Market Today: Dow Reclaims 34K as Walmart, Home Depot Stocks Soar | Kiplinger
Inflation Reduction Act a Blessing in Disguise for Drug Stocks? | Kiplinger
investing Coming limits on drug pricing may not be bad news for drug makers after all.At first glance, the measures to curb drug price increases in the Inflation Reduction Act seem like negatives for pharma and biotech stocks. If passed, as expected, Medicare would be allowed to negotiate the price it pays for a limited… Continue reading Inflation Reduction Act a Blessing in Disguise for Drug Stocks? | Kiplinger