Markets

Matthew Fox Photo by TIMOTHY A. CLARY/AFP via Getty Images) US stocks snapped a four-day win streak on Tuesday as investors worry about the direction of the economy.Job openings fell below 10 million last month to the lowest level in nearly two years.Meanwhile, JPMorgan CEO Jamie Dimon warned investors that the US banking crisis is… Continue reading US stocks snap 4-day winning streak as job openings fall and JPMorgan boss warns of more bank turmoil

The shift from a bear market to a new bull market is often marked by three clear signals, according to Bank of America.”There is a major market low once a decade, on average, and investors should be proactive in identifying buy signals,” BofA said.Detailed below are the three buy signals investors should follow to identify… Continue reading Here’s exactly when investors should buy stocks to ride the next bull market, according to Bank of America

Inflation will drop off, thanks to falling rent and housing prices, Barry Sternlicht said. The billionaire investor pointed to falling rents, which will show up in inflation data later this year. He warned high interest rates could overtighten the economy into a severe recession. Loading Something is loading. Thanks for signing up! Access your favorite… Continue reading Inflation is about to drop hard as rents and housing prices tank, billionaire investor Barry Sternlicht says

The stock market will generate its strongest gains of the year in April, according to Fundstrat.The research firm said the S&P 500 could surge more than 4% to nearly 4,300 by the end of April.Supporting the macro environment is a cool down in bond volatility, which suggests the US banking crisis has ended. Loading Something… Continue reading The stock market is gearing up for its strongest 4 weeks of the year as another signal suggests the US banking crisis is over

US stocks ended Monday’s session mixed. The energy sector jumped alongside crude oil prices.  Brent and WTI oil soared after OPEC+ announced production cuts will start in May.  Tech stocks were weighed by the renewed prospect of higher interest rates.  Loading Something is loading. Thanks for signing up! Access your favorite topics in a personalized… Continue reading US stocks end mixed as energy sector rides surge in oil prices while tech stocks fall

Dogecoin jumped 20% on Monday after Twitter users noticed the token’s Shiba Inu mascot on Twitter’s website. Elon Musk, who’s regularly pumped the meme coin, also brushed off a lawsuit related to the token. Musk’s lawyers defended his “silly” tweets about the coin, asking a judge to toss a $258 billion suit. Loading Something is… Continue reading Dogecoin soars 20% after the token’s Shiba Inu mascot replaces Twitter’s bird logo

The S&P 500’s Energy Index popped as much as 5.5% Monday, its best day since October.  Energy stocks were the top 10 gainers in the benchmark index in Monday’s session.  The price surge follows OPEC+’s surprising decision to slash oil production. Loading Something is loading. Thanks for signing up! Access your favorite topics in a… Continue reading The energy sector is having its best day in 6 months as oil soars after OPEC+ announces surprise production cuts

Tesla stock fell 7% on Monday after the company announced its first quarter vehicle deliveries.Tesla delivered 422,900 vehicles last quarter, which was ahead of Wall Street’s 421,500 estimate.The stock fell as Tesla vehicle inventory surged, suggesting to some analysts that they need to enact more price cuts to spark demand. Loading Something is loading. Thanks… Continue reading Tesla falls 7% as first quarter deliveries show growing inventory buildup and analysts say that more price cuts may be needed