Investing

Stocks closed mixed Thursday in a seesaw session driven by conflicting corporate earnings reports and a cloudy picture on the health of the U.S. economy. Strong earnings from Caterpillar (CAT (opens in new tab), +7.8%) helped the Dow Jones Industrial Average end the day in the green, rising 0.6% to close at 32,036. But a… Continue reading Stock Market Today: Stocks Close Mixed on Muddled Earnings and Econ Data

In the 45 days between former UK Prime Minister Liz Truss being elected the new leader of the Conservative party and her subsequent resignation announcement, the FTSE 100 lost nearly 5% of its value.  Year-to-date, the 100 largest companies by market cap on the London Stock Exchange are down nearly 6%. Most of the losses… Continue reading Want Cheap Stocks? Look to the UK

GDP rebounded in the third quarter after two consecutive quarters of contraction, but experts say the rosy headline figure hides grim facts about the actual state of U.S. economic health. The first of what will eventually be three readings of Q3 gross domestic product showed that the economy expanded at an annual rate of 2.6%… Continue reading GDP Jumps 2.6% in Q3. Experts Say the Economy Is Still Losing Steam

On Tuesday, President Biden posted a tweet celebrating a two-week drop in the national average of the price of a gallon of gas. Gas prices have decreased for 2 weeks, and are down by more than $1.20 since their June peak.That’s saving American families with two cars about $130 per month on average. pic.twitter.com/TfCx7AoeFSOctober 25,… Continue reading Biden Touts Lower Gas Prices. Will They Stay There?

Stocks closed mixed Wednesday as disappointing earnings from Google parent Alphabet (GOOGL (opens in new tab), -9.1%) and Dow component Microsoft (MSFT (opens in new tab), -7.7%) weighed on the major market benchmarks and the tech-heavy Nasdaq Composite in particular.  The blue-chip Dow Jones Industrial Average finished up 0.01% at 31,840, while the broader S&P… Continue reading Stock Market Today: Stocks Stumble on Ugly Earnings from Tech Bellwethers

Stocks closed higher Tuesday, boosted by a host of encouraging third-quarter earnings reports. The blue-chip Dow Jones Industrial Average rose 1.1% to finish at 31,836, while the broader S&P 500 added 1.6% to end at 3,859. The tech-heavy Nasdaq Composite vaulted 2.3% to close at 11,199 in anticipation of after-close earnings (opens in new tab)… Continue reading Stock Market Today: Markets Rise Smartly on Earnings Optimism

Coca-Cola (KO (opens in new tab)) earnings topped Wall Street’s third-quarter earnings estimates Tuesday, joining a parade of other consumer staples (opens in new tab) companies whose operations are holding up well despite a sluggish economy and inflationary pressures. Rival PepsiCo (PEP (opens in new tab)) likewise beat analysts’ projections earlier this earnings season and,… Continue reading Coca-Cola (KO) Exceeds Earnings Estimates, but Here Are the 5 Best Consumer Staples Stocks to Buy Now

Stocks closed higher Monday, building on last week’s gains ahead of the busiest week of the third-quarter earnings season thus far. Roughly one-third of the S&P 500 companies are scheduled to unveil their quarterly results this week. The earnings calendar is jam-packed with several Big Tech names, including Google parent Alphabet (GOOGL (opens in new… Continue reading Stock Market Today: Stocks Sizzle With Big Tech Earnings on Tap