Investing

Birkenstock Holding is among the more recognizable initial public offerings (IPOs) of the fall, but retail investors who have long loved the company’s clunky sandals would do well to steer clear of buying its stock, skeptics say. Shares in the German premium footwear brand are expected to start trading October 11 on the New York… Continue reading Don’t Buy the Birkenstock IPO, Expert Urges

Stocks opened higher Wednesday as bad-news-is-good-news jobs data lowered expectations for another rate hike at the next Fed meeting. Sentiment also got a lift as Treasury yields retreated, though one benchmark notably lagged behind its peers as oil prices plummeted.   ADP this morning said that the U.S. added 89,000 private payrolls in September, the… Continue reading Stock Market Today: Nasdaq Soars as Bond Yields Retreat

Is the stock market closed on Columbus Day, or Indigenous Peoples’ Day, in 2023? The answer to this question is no. The stock market will be open Monday, October 9, for the annual holiday. However, bond traders will get an extended weekend, with the bond market closed on Monday.  Unlike some holidays, however, there are… Continue reading Is the Stock Market Closed on Columbus Day/Indigenous Peoples’ Day in 2023?

Stocks took a nosedive Tuesday as shockingly strong jobs data sent Treasury yields spiking and raised expectations for another possible rate hike from the Federal Reserve.   The main benchmarks opened modestly lower today, but mid-morning data showing an unexpected rise in the number of job openings sent them spiraling in afternoon trading. Specifically, the… Continue reading Stock Market Today: Dow Sinks 430 Points as Jobs Data Boosts Bond Yields

Stocks kicked off the new month and quarter on a relatively quiet note, even as Congress over the weekend passed a stopgap spending measure to avoid a shutdown and fund the government through mid-November.  While all three benchmarks spent some time in positive territory today, rising Treasury yields and a round of hawkish commentary from… Continue reading Stock Market Today: Soaring Treasury Yields Keep a Lid on Stocks

“What is CPI” is likely a question not as many folks are asking these days given how hyper-focused on inflation we’ve all become in recent years. Still, it’s a worthy question for those not as well-versed on the topic of rising prices. You see, when people talk about how they were once able to buy… Continue reading What Is CPI?

There are many key factors investors must consider when it comes to options trading. One of the most important is the open interest of an option. But what is open interest in options trading? Defined as the number of open call or put option contracts for a particular stock, open interest provides investors with a… Continue reading What Is Open Interest in Options Trading?

Stocks jumped at the open as an encouraging reading on inflation sent Treasury yields lower. The main benchmarks lost steam as the session wore on, however, as brinkmanship in Washington D.C. has the U.S. government all but likely to shut down over the weekend.    Ahead of the opening bell, the Bureau of Economic Analysis… Continue reading Stock Market Today: Stocks Swing Lower as Government Shutdown Nears