Dow Jones Futures Jump On Memorial Day
Dow Jones futures rose solidly Monday afternoon, along with S&P 500 futures and Nasdaq futures, with U.S. markets closed for Memorial Day. The coronavirus stock market rally powered ahead last…
Hong Kong Tensions Shocks World Stock Markets, Oil Tumbles
Oil prices tumbled and global equity markets wavered on Friday as China’s move to impose a new security law on Hong Kong further strained U.S.-Sino relations and clouded economic recovery…
The Dow Closes Down 102 Points Due Partly To Rising Unemployment In The US
U.S. stocks finished lower Thursday, with investors pointing to elevated tensions between Washington and Beijing and a stream of poor economic data, including another 2.4 million job losses on week,…
Shares Lose Footing, Oil Marches On
Equity markets slipped on Thursday on concerns about the long-term impact of the new coronavirus and simmering U.S.-China tensions, though those worries couldn’t stop oil prices from marching to a…
S&P Stumbles As Recent Report Questions Moderna Coronavirus Trial Results
The S&P 500 closed lower on Tuesday, as investors focused on a report questioning Moderna’s recent coronavirus vaccine early-stage trial results, wiping out modest gains on the benchmark index in…
Dow Drops More Than 300 Points, Erasing Earlier Gains
Stocks fell for the first time in four days on Tuesday, giving back some of the strong gains from the previous session, amid sharp losses from retail and bank shares.…
Investors Show Little Faith In ‘Bear Market Rally’
A majority of investors believe the global stock market rally will swing into reverse, with a second wave of coronavirus cases topping their list of worries. About two-thirds of fund…
Nasdaq To Tighten Listing Rules, Restricting Chinese IPOs
Nasdaq Inc (NDAQ.O) is set to unveil new restrictions on initial public offerings (IPOs), a move that will make it harder for some Chinese companies to debut on its stock…
Oil And European Shares Rise As Lockdowns Ease; Gold Jumps
European stock markets rose on Monday and oil prices climbed to their highest in as much as two months as a loosening of coronavirus shutdowns boosted market sentiment, even though…
Buffett Sells More Stocks, Including Goldman Sachs, Without No Big Acquisitions In The Horizon
Billionaire investor Warren Buffett, who told investors earlier this month that he had made a “mistake” betting on airlines, is continuing to sell stocks amid the coronavirus pandemic, the latest…
Saudi Wealth Fund Boosts U.S. Holdings With Stakes In Citi, Boeing, Facebook
Saudi Arabia’s sovereign wealth fund has bought minority stakes in major American companies including Boeing (BA.N), Facebook (FB.O) and Citigroup (C.N), a regulatory filing showed, giving it a portfolio of…
Netflix Hits A Record High, And Trader Says One Level Holds
Netflix hit a record high after Jefferies gave three reasons to buy the stock. In the firm’s pro column, analysts said the potential for double-digit subscriber growth, improving margins and…
World Stocks Win A Respite, Oil Prices Jump Over 3%
World stocks rose on Friday and oil prices jumped more than 3%, taking the sting out of a week that has seen sentiment hit as deteriorating U.S.-China relations added to…
What Is The Bitcoin Halving And Which Day Does It Happen?
What is the halving or halvening? The event is known as the “halving” or “halvening,” and occurs every four years, where the rewards for those who support bitcoin are slashed,…
S&P 500 Closes Barely Higher As Investors Balance Pandemic With Recovery
The S&P 500 closed barely higher, eking out a nominal gain on Monday as investors weighed new spikes in coronavirus infections with expectations that an economy crippled by mandated shutdowns…
This Bond Market Signal Indicates The Bear Market Isn’t Over Yet
The price action of high-yield corporate bonds will signal to investors when the bear market triggered by the coronavirus pandemic is truly at its bottom, according to Longview Economics. A…
Stocks Stumble On Fears Of Second Wave Of Coronavirus cases
Stock markets gave up their early gains on Monday after reports of a pick-up in new coronavirus cases that threatens to slow or reverse the loosening of lockdown measures. Shares…
Netflix Stock Slumps Toward Quarterly Pivot On Earnings Miss
Netflix, Inc. (NFLX) missed quarterly earnings estimates after the closing bell on April 21. The stock declined toward its quarterly pivot at $393.38 and then popped higher again. The stock…
Wall Street Gets PayPal Lift As Nasdaq Wipes Out 2020 Declines
Wall Street’s indexes climbed on Thursday, with the Nasdaq erasing losses for 2020, following a clutch of upbeat earnings reports led by PayPal as investors looked past more weak jobs…
European Markets Rise On Hopes Of ‘Rapid’ Recovery
European markets opened higher on Thursday, as hopes grew of a “relatively rapid” recovery amid new central bank forecasts and Chinese export data. The pan-European Stoxx 50 index (^STOXX50E) was…
‘Fortunes Are Going To Be Made’ — Suze Orman Shares Her Advice On Investing Amid The Coronavirus Pandemic
Celebrity financial adviser Suze Orman isn’t for everybody. She once told MarketWatch that “there are people that hate my guts. You don’t even want to know the things they say.”…
Warren Buffett Is Handling The Coronavirus Crisis Like He Mastered The Great Recession
As the coronavirus crisis unfolds, many are asking: Where is Warren Buffett? They want to hear and see more from America’s most literary and famed investor, noted for both calm…
Wall Street Caps Best Month In Decades With Broad Sell-off
U.S. stocks lost ground on Thursday as grim economic data and mixed earnings prompted investors to take profits at the close of the S&P 500’s best month in 33 years,…
Netflix Just Had A Great Q1. Is The Stock Getting Too Expensive?
The COVID-19 pandemic has altered habits and routines like never before. With strict lockdowns in place all across the world and air travel severely curtailed, most people are stuck at…
Apple, Amazon, Boeing, Airbus, Federal Reserve – 5 Things You Must Know Monday
Stock futures rise as economies across the globe, including the United States, move tentatively toward reopening; Apple, Amazon and Alphabet highlight a busy earnings week; the Federal Reserve meets; Boeing…
How to Cut Through the Noise to Evaluate Netflix
Netflix stock is coming off record highs and just issued quarterly earnings that show skyrocketing subscriber growth. You’d think that’s a recipe for the bullish rally to continue, right? Not…
Bitcoin Jumps To Highest Level Since March’s Coronavirus Crash
Buoyed by an overall shift in risk sentiment, cryptocurrencies surged on Thursday, with Bitcoin surpassing $7,500 for the first time since crashing in early March. Bitcoin rose as much as…
Nigerian Stock Market Extends Decline, Loses N162bn
Activities on the Nigerian Stock Exchange on Thursday closed southwards, extending previous negative sentiment to three consecutive trading sessions, following sell-off recorded by some stocks. However, the market breadth closed…
Venture Firm Benchmark Raises New Fund Without Early Uber Investor: Source
The Silicon Valley venture capital firm known for its early backing of companies such as Uber Technologies Inc is raising a new fund, but without one of its most prominent…
Why A ‘Return To Normal’ Could Mean Disaster For The Stock Market
It’s hard to deny, although some do, that the stock market, pre-coronavirus, was pushing the limits of what it means to be in a bubble. Of course, bubbles come and…