Stock Market Today: Stocks Choppy After Strong Jobs Data

Stocks spent most of the day lower Wednesday, as investors fretted about the Federal Reserve’s future rate-hike plans. While a second day of congressional testimony from Federal Reserve Chair Jerome Powell failed to provide any additional fireworks, investors focused on more signs of a strong labor market. However, a late burst of buying power helped… Continue reading Stock Market Today: Stocks Choppy After Strong Jobs Data

Best Mid-Cap Stocks to Buy Now

The best mid-cap stocks – typically, companies between $2 billion to $10 billion, though some indexes view them differently – are too often overlooked.  Large-cap stocks are valued for their stability and dividends, while small-cap stocks are favored for their growth prospects. But avoid the happy medium at your own peril. In 2022, mid-cap stocks… Continue reading Best Mid-Cap Stocks to Buy Now

Stock Market Today: Blue Chip Stocks Lead Market Lower After Powell Speech

Stocks started Tuesday on shaky footing – and things only unraveled as Federal Reserve Chair Jerome Powell began his semiannual testimony in front of Congress. Prepared remarks from Powell indicated the Fed is ready to keep raising rates if economic data continues to come in strong. The commentary was not welcomed by investors, with the… Continue reading Stock Market Today: Blue Chip Stocks Lead Market Lower After Powell Speech

If You’d Put $1,000 Into Apple Stock 20 Years Ago, Here’s What You’d Have Today

Apple (AAPL (opens in new tab)) stock has rebounded sharply this year after a terrible 2022, but shares still remain well below their all-time high. Even after gaining nearly 19% for the year-to-date – vs. a 5.8% rise in the S&P 500 – Apple stock is still some 17% below its record close of early… Continue reading If You’d Put $1,000 Into Apple Stock 20 Years Ago, Here’s What You’d Have Today

Will Rising Interest Rates Lead to Soft Landing or Recession?

Editor’s note: This is part one of a three-part series about what the economy and markets could look like this year. Part two, coming next week, will highlight new tailwinds for investors. Part three, coming in two weeks, will share five investment strategies for investors to focus on in 2023. The year 2022 will forever… Continue reading Will Rising Interest Rates Lead to Soft Landing or Recession?

Stock Market Today: Snap Stock Soars in a Quiet Day for Markets

Stocks closed mostly higher Monday, with two of the three major benchmarks building on Friday’s positive momentum.  Amid a relatively bare economic and earnings calendar, investors took in a deluge of single-stock news, including reports of a potential nationwide TikTok ban – which sent Snap (SNAP (opens in new tab)) stock soaring.  The Dow Jones… Continue reading Stock Market Today: Snap Stock Soars in a Quiet Day for Markets

Stock Market Today: S&P 500 Snaps Weekly Losing Streak

 Stocks closed higher Friday, putting an end to a string of weekly losses for the broad market. This stretch of negative price action resulted in stiff February losses for the major benchmarks, which may have sparked a relief rally in recent sessions. Declining Treasury yields and a solid reading on the U.S. services sector also… Continue reading Stock Market Today: S&P 500 Snaps Weekly Losing Streak