Investing

This week has been all about the banking industry, so it seems fitting that a key driver of the market Friday was news that a beaten-down bank suspended its dividend.  This was the latest sign of instability in the embattled financial sector – and follows the failures of several U.S. regional lenders, including Silicon Valley… Continue reading Stock Market Today: Stocks Fall After First Republic Bank Suspends Dividend

Germany is currently making strides in its recreational weed legalization efforts.  In recent news covered by Marijuana Moment (opens in new tab), Germany’s leading regulator and health minister, Karl Lauterbach, stated the country has received “very good feedback” from the European Union (EU), the most critical governing body in the weed legalization process.  The EU’s… Continue reading Germany’s Weed Legalization Efforts Progress: This Week in Cannabis Investing

Investors seeking out the best consumer discretionary stocks have had a tough time in recent years – and this challenging environment could continue in the near term.  Creating uncertainty across the sector is stubbornly high inflation, a rising interest rate environment and anxiety over a potentially larger slowdown or recession in the U.S. economy.  Still,… Continue reading Best Consumer Discretionary Stocks to Buy Now

Stocks opened lower Thursday before reversing course mid-morning and rallying into the close.  Sparking the turnaround were reports that several of the country’s largest banks – including blue chip stocks JPMorgan Chase (JPM (opens in new tab)) and Bank of America (BAC (opens in new tab)) – will provide beaten-down regional lender First Republic Bank… Continue reading Stock Market Today: Stocks Rally on Credit Suisse, First Republic Bank Rescue News

Stocks spent most of Wednesday in panic-selling mode as the fallout of the Silicon Valley Bank/Signature Bank failures spread to Swiss bank Credit Suisse (CS (opens in new tab)) and throughout the broader European financial market. But while bank stocks suffered significant losses today, the major indexes closed well off their lows.  Credit Suisse plunged… Continue reading Stock Market Today: Stocks Struggle on Credit Suisse, First Republic Bank Concerns

Historically, communication services is a robust sector with resilient fundamentals. This diverse segment of the market includes companies involved in advertising, broadcasting, internet media services, publishing, entertainment and mobile telecom services. The best communication services stocks range from mature operators that have been around for decades and pay attractive dividends to early stage growth startups,… Continue reading Best Communication Services Stocks to Buy Now

Tuesday started off strong for stocks, but the major benchmarks finished off their session highs on reports that a Russian aircraft collided with a U.S. drone in the Black Sea.  The February consumer price index (CPI) drew plenty of attention from investors, though it gave a mixed picture on inflation. Also in focus were regional… Continue reading Stock Market Today: Markets Rise as Bank Stocks Bounce

Editor’s note: This is part two of a three-part series about what the economy and markets could look like this year. Part one — “Will Rising Interest Rates Lead to Soft Landing or Recession?” — explored the impact of the Fed’s rate hikes. Part three, coming next week, shares five investment strategies for investors to… Continue reading What the Markets’ New Tailwinds Could Look Like in 2023