Stocks erased early gains to end lower Tuesday after economic data signaled continued strength in the labor market. All three major indexes opened in positive territory today but slipped into the red after the Labor Department said there were 10.7 million job openings in the U.S. in September – up from 10.3 million in August. … Continue reading Stock Market Today: Stocks Retreat After Strong Job Openings Data
What Happens After the Next Fed Rate Hike? Here’s What the Pros Are Saying
The Federal Reserve is widely expected to deliver a fourth consecutive rate increase of 0.75% Wednesday afternoon. But what happens after the next Fed rate hike? Market participants desperately want – no matter how unlikely – for the central bank to show any signs of taking a more dovish stance going forward. After all, markets… Continue reading What Happens After the Next Fed Rate Hike? Here’s What the Pros Are Saying
Stock Market Today: Markets End an Up Month on a Down Note
Equities closed out an otherwise strong October in the red on Monday, as a rise in bond yields and declines in some big technology stocks weighed on the major indexes. The blue-chip Dow Jones Industrial Average slipped 0.4% to finish at 32,733, while the broader S&P 500 fell 0.7% to 3,872. The tech-heavy Nasdaq Composite… Continue reading Stock Market Today: Markets End an Up Month on a Down Note
In October, Stocks Soared. Is the Bear Market Dead?
It remains to be seen if October will maintain its reputation as a bear-market killer, but so far so good. The Dow Jones Industrial Average is on pace to log one of its best Octobers in decades, while the broader S&P 500 has delivered impressive gains of its own. Even the Nasdaq Composite, while lagging… Continue reading In October, Stocks Soared. Is the Bear Market Dead?
This Week in Cannabis Investing: Legalization is Popular Ahead of Midterms
This week, Canopy Growth Corporation made another major move. The struggling Canadian cannabis company announced the creation of Canopy USA, a new holding company which will consolidate its U.S. assets, reduce costs and clarify their entry into the U.S. market. Previously, Canopy had paid significant sums to acquire Wana Brands, Jetty, and stakes in Acreage… Continue reading This Week in Cannabis Investing: Legalization is Popular Ahead of Midterms
When You Die, What Happens to Your Bitcoin?
According to the Cremation Institute (opens in new tab), nearly 90% of cryptocurrency owners are worried about what will happen to their digital assets after they die. It turns out that they have good reason to worry. Presently, there are over 12,000 different cryptocurrencies globally, making tracking them a challenge, especially if the owner becomes… Continue reading When You Die, What Happens to Your Bitcoin?
Stock Market Today: Stocks Sizzle on Hopes for a More Dovish Fed
Markets ended the week on a positive note Friday, finishing sharply higher after some economic data raised the possibility of a slower pace of rate hikes from the Federal Reserve. The blue-chip Dow Jones Industrial Average soared 2.6% to finish at 32,861, while the broader S&P 500 jumped 2.5% at 3,901. The tech-heavy Nasdaq Composite… Continue reading Stock Market Today: Stocks Sizzle on Hopes for a More Dovish Fed
3 Healthcare Stocks Set to Prosper in a Post-Covid World
Starting early in 2020, Covid-19 put an unusually bright spotlight on the healthcare sector. Nearly three years later, while Covid hasn’t completely disappeared, the crisis has eased (opens in new tab). The future of healthcare post-Covid is a discussion taking place in boardrooms and households across the country. Professional investors are evaluating the healthcare trends… Continue reading 3 Healthcare Stocks Set to Prosper in a Post-Covid World