Stock Market Today: Tech Leads on Turnaround Tuesday | Kiplinger

Stock Market Today The major benchmarks bounced off their mid-morning lows to end solidly higher.Markets opened Tuesday in the red, suggesting another day of selling on Wall Street ahead, but bounced off their mid-morning lows to blaze a trail higher into the close. One potential catalyst for the rebound in stocks was Fed Chair Jerome… Continue reading Stock Market Today: Tech Leads on Turnaround Tuesday | Kiplinger

RBC’s Top 30 Global Stock Investments for 2022 | Kiplinger

stocks to buy Inflation. Supply-chain issues. COVID. Investors face numerous hurdles in 2022, but RBC is confident in these 30 stocks’ ability to weather the storm.It will be tough to top the S&P 500’s whopper of a performance in 2021. But investors can still look forward to “solid” if more “moderate” returns in the year… Continue reading RBC’s Top 30 Global Stock Investments for 2022 | Kiplinger

Sweet Silicon: 5 Superb Semiconductor Stocks for 2022 | Kiplinger

Coming off a good year in 2021, semiconductor stocks are poised perhaps for a great year in 2022.  The drivers, well known to most investors, are potent: The rollout of 5G and the transformation of the automotive market toward electric vehicles (EVs), for starters. There’s also the digitization of industrial economies – which drives the… Continue reading Sweet Silicon: 5 Superb Semiconductor Stocks for 2022 | Kiplinger

US stock futures edge higher after S&P 500 breaks losing streak, as traders brace for red-hot inflation print

It’s already been a rocky year for stocks.AP Photo/Richard Drew US futures inched higher Wednesday after the S&P 500 snapped a five-day losing streak. Traders were braced for the release of December’s CPI inflation figure, which is expected to have hit 7%. Stocks have had a rocky time so far this year, as the Fed… Continue reading US stock futures edge higher after S&P 500 breaks losing streak, as traders brace for red-hot inflation print

Public adds Loopring and Curve DAO to its cryptocurrency platform to make a total of 27 tokens available for trading

Jack Taylor/Getty ImagesJack Taylor/Getty Images Public adds loopring and Curve DAO to its cryptocurrency trading platform. The additions brings the total number of digital tokens available for trading to 27. Public added crypto trading in October and has since expanded its offerings several times. Sign up here for our daily newsletter, 10 Things Before the… Continue reading Public adds Loopring and Curve DAO to its cryptocurrency platform to make a total of 27 tokens available for trading

US stocks rebound after Powell says balance sheet reduction isn’t imminent

Xinhua/Wang Ying/Getty Images US stocks surged on Tuesday after Fed Chair Jerome Powell told Congress a reduction of its balance sheet is not imminent.Stocks have come under pressure in recent weeks since the Fed signaled it will soon raise interest rates and shrink its balance sheet.The 10-Year US Treasury yield retreated from levels not seen… Continue reading US stocks rebound after Powell says balance sheet reduction isn’t imminent

Bitcoin and stocks are increasingly moving together, ramping up contagion risks across markets, says IMF

An IMF chart shows bitcoin and stocks moved closely together during the pandemic.IMF Bitcoin and stocks are moving increasingly in lockstep and that poses financial-stability risks, the IMF said Tuesday.  Bitcoin volatility explains about one-sixth of S&P 500 volatility during the pandemic.  Crypto assets showed little correlation with major stock indexes before the pandemic. Bitcoin… Continue reading Bitcoin and stocks are increasingly moving together, ramping up contagion risks across markets, says IMF

Private cryptocurrencies and a US central bank coin would be able to coexist, Fed chief Jerome Powell says

Federal Reserve Chairman Jerome Powell.Andrew Harnik/AP Photo Cryptocurrencies and a central bank digital currency would be able to coexist, Fed Chair Jerome Powell said. Powell was responding to a question posed by Sen. Pat Toomey on Tuesday. In July, the Fed chair said he saw no need for cryptos if the central bank were to… Continue reading Private cryptocurrencies and a US central bank coin would be able to coexist, Fed chief Jerome Powell says