Selling continued Thursday, with stocks spending the whole day in negative territory – though they did end well off their session lows. Today’s declines came as investors unpacked updates on the labor and housing markets, as well as the latest round of corporate earnings reports. Diving right into those economic reports, the Labor Department… Continue reading Stock Market Today: Stocks End Lower on Economic Data, Earnings
Stock Market Today: Dow Drops 613 Points After Hawkish Fed Talk
Stocks started Wednesday trading higher thanks to another encouraging reading on inflation. However, the major benchmarks couldn’t sustain this early lead as dismal retail sales data stoked recession concerns and a Federal Reserve official threw support behind more interest-rate hikes. Starting with the good news: The Labor Department (opens in new tab) this morning said… Continue reading Stock Market Today: Dow Drops 613 Points After Hawkish Fed Talk
Stock Market Today: Goldman, Travelers Drag Dow Lower
Stocks took different directions to start the short week. (Monday was a stock market holiday to celebrate Martin Luther King Jr. Day.) While the tech-heavy Nasdaq kept its win streak alive, disappointing earnings from financial giant Goldman Sachs (GS (opens in new tab)) pressured the blue-chip Dow Jones Industrial Average. This morning, Goldman Sachs said… Continue reading Stock Market Today: Goldman, Travelers Drag Dow Lower
10 Strategies for Managing Financial Risk in Market Downturns
published 17 January 2023 Assessing and managing financial risk is one of the cornerstones of investing and financial planning. Taking sufficient risk is necessary to grow one’s wealth. However, taking too much risk can lead to financial ruin. The key to increase the probability of financial success is identifying the risk within your financial strategy… Continue reading 10 Strategies for Managing Financial Risk in Market Downturns
Long-Term Investments Require a New Approach
Ongoing market volatility has left many investors grasping for an investment lifeline to help them stay afloat amidst stormy economic conditions. Conventional approaches to long-term investments follow the 60/40 model (opens in new tab), which allocates 60% of your portfolio to stocks and 40% to bonds. But that strategy may no longer produce your desired… Continue reading Long-Term Investments Require a New Approach
Kiplinger’s Weekly Earnings Calendar (Jan. 16-20)
Below is a weekly earnings calendar of the most important upcoming quarterly reports scheduled to be released by publicly traded companies. However, we have also provided expanded earnings previews for select companies. Please check back often. This earnings calendar is updated weekly. Monday (1/16)Tuesday (1/17)Wednesday (1/18)Thursday (1/19)Friday (1/20)(Editor’s Note: Earnings dates in tables are tentative.… Continue reading Kiplinger’s Weekly Earnings Calendar (Jan. 16-20)
Stock Market Today: Stocks Swing Higher After Consumer Sentiment Data
It looked like the market’s luck was going to run out Friday as fourth-quarter earnings season kicked off. Stocks opened deep in negative territory after several big banks reported Q4 results. However, the major benchmarks reversed course thanks to a solid reading on consumer sentiment, extending their daily win streaks. JPMorgan Chase (JPM (opens in… Continue reading Stock Market Today: Stocks Swing Higher After Consumer Sentiment Data
Jay-Z and TPCO Restructure Partnership: This Week in Cannabis Investing
Green shoots come in different contexts in cannabis – and recent news from TPCO Holding (GRAMF (opens in new tab)) and Jay-Z, its chief visionary officer, is just one example. We typically note the state level action, but there are plenty of opportunities for businesses to make good strides. We have seen wholesale price compression… Continue reading Jay-Z and TPCO Restructure Partnership: This Week in Cannabis Investing