Stocks struggled for direction on Tuesday as investors sifted through a batch of quarterly earnings reports. Among the most notable reports released this morning were those from insurance giant Travelers (TRV (opens in new tab)) and Post-It note maker 3M (MMM (opens in new tab)), though the two Dow Jones stocks went in decidedly different… Continue reading Stock Market Today: Dow Gains After Busy Day of Blue-Chip Earnings
9 Best Stocks for Rising Interest Rates
published 24 January 2023 The Federal Reserve raised its benchmark interest rate seven times last year, sending the effective federal funds rate above 4% for the first time since before the financial crisis of 2008. That has left investors scrambling to scrape up the best stocks for rising interest rates. And it’s likely the central… Continue reading 9 Best Stocks for Rising Interest Rates
Stock Market Today: Stocks Climb After Spotify Job Cuts
Tech stocks led the way higher Monday as investors prepared for a heavy batch of corporate earnings reports due out this week. Roughly 20% of S&P 500 companies will release their quarterly results over the next five days, with tech giant Microsoft (MSFT (opens in new tab), +1.0%) and electric vehicle maker Tesla (TSLA (opens… Continue reading Stock Market Today: Stocks Climb After Spotify Job Cuts
An NYSE glitch affected caused a market mayhem resulting in Morgan Stanley and Wells Fargo shares crashing over 10%
A system glitch on the NYSE caused some stocks to post huge price swings upon their Tuesday open. The exchange attributed the price swings to a “system issue” that prevented it from conducting “opening auctions.” A list from the NYSE showed over 250 stocks were affected by the system glitch. Loading Something is loading. Thanks… Continue reading An NYSE glitch affected caused a market mayhem resulting in Morgan Stanley and Wells Fargo shares crashing over 10%
Volatility will continue to hammer markets in 2023 and people are fretting over retirement savings. Here are 3 big takeaways from Allianz’s latest markets survey.
Americans are increasingly anxious about their financial futures as they worry about market volatility, inflation, and a recession. 64% of survey respondents to an Allianz survey would rather hold cash rather ride out market swings. 40% said they’re worried market volatility will lead their employers suspending matching contributions to their 401(k) accounts. Loading Something is… Continue reading Volatility will continue to hammer markets in 2023 and people are fretting over retirement savings. Here are 3 big takeaways from Allianz’s latest markets survey.
US stocks trade mixed as business activity improves while earnings season heats up
Brian Evans Getty Images North America/Getty Images US stocks recovered some early losses to close mixed on Tuesday as a key indicator showed improvement. S&P Global’s US purchasing manager indexes ticked higher, but remained in negative territory. Earnings season is also heating up, with industrial giants GE and 3M reporting early Tuesday while tech heavyweights… Continue reading US stocks trade mixed as business activity improves while earnings season heats up
The S&P 500 is on the verge of flashing a closely watched ‘golden cross’ that suggests more upside ahead
The S&P 500 is on the verge of flashing a closely followed technical buy signal later this week.The “golden cross” occurs when the 50-day moving average moves above the 200-day moving average.The indicator suggests more upside could be in store for the S&P 500, which is up 15% from its October low. Loading Something is… Continue reading The S&P 500 is on the verge of flashing a closely watched ‘golden cross’ that suggests more upside ahead
Amazon is a value stock in topsy-turvy new world of investing
Gone are the days when the tech mega caps easily fall into the category of fast-growing corporations Author of the article: Bloomberg News Lu Wang and Justina Lee Published Jan 23, 2023 • 5 minute read Join the conversation Amazon is building a massive distribution centre in Elgin County. Photo by Derek Ruttan/Postmedia files The… Continue reading Amazon is a value stock in topsy-turvy new world of investing
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