By Jesse Cohen Investing.com – Tesla (NASDAQ:) shares 17% on Wednesday, derailing a historic rally after a senior executive said the would delay deliveries of its Model 3 cars initially scheduled for early February. Tesla (NASDAQ:) stock down was down as much as 20% during intraday trading Wednesday, which wouldRead More →
© Reuters. By Geoffrey Smith Investing.com — U.S. stock markets pared early losses on Thursday after pockets of strength in U.S. corporate results help restrain fears about the spread of the coronavirus and its impact on the world economy. By 10:25 AM ET (1525 GMT), the was down 89 pointsRead More →
Advanced Micro Devices Inc. shares declined in the extended session Tuesday after the chip maker’s outlook fell below Wall Street estimates and data-center sales did not come in as well as expected. AMD AMD, +2.58% shares declined 2% after hours, following a 2.6% rise in the regular session to closeRead More →
© Reuters. By Kim Khan Investing.com – The FAANG stocks were predictably struggling Monday as money flew out from risk assets. The tech stalwarts are enjoying high valuations and earnings are coming, with Apple (NASDAQ:), Amazon (NASDAQ:) and Facebook (NASDAQ:) issuing numbers this week and Google parent Alphabet (NASDAQ:) upRead More →
By Sruthi Shankar (Reuters) – Wall Street came under pressure on Friday as investors sold energy, financial and healthcare stocks on mounting fears over the coronavirus outbreak in China, while strong gains for chipmaker Intel limited losses on the main indexes. The U.S. Centers for Disease Control and Prevention saidRead More →
Bloomberg News/Landov Randal Quarles, vice chairman of supervision at the Federal Reserve, outlined his ideas about supervision to the American Bar Association Friday. Wall Street reformers sounded the alarm Friday after the Federal Reserve’s top bank regulator outlined some changes he would like to see in the nuts-and-bolts of howRead More →
© Reuters. Trader works at the New York Stock Exchange NEW YORK (Reuters) – U.S. stocks ended higher on Monday, rebounding from Friday’s losses as investors brushed aside increased tensions in the Middle East, while shares of Alphabet (NASDAQ:) and other internet names gained. The Dow Jones Industrial Average ()Read More →
After getting destroyed by misplaced bets against stocks, Wolf Richter of the popular Wolf Street financial blog, says he’s back at it again. The author of the well-read Wall Street blog says that the U.S. stock market’s recent rally has created what he describes as one of the best setupsRead More →
© Reuters. A trader works at the New York Stock Exchange (Reuters) – U.S. stocks kicked off the first trading day of the year just below record levels on Thursday as fresh stimulus from Beijing to prop up its slowing economy added to the optimism over easing trade tensions andRead More →
U.S. stocks finished Tuesday trade with modest gains on low volumes ahead of the New Year holiday on Wednesday, closing out a banner year for Wall Street. What are major indexes doing? The Dow Jones Industrial Average DJIA, +0.27% closed up 76.30 points or 0.3%, at 28,538.44, while the S&PRead More →
© Reuters. Traders work on the floor of the NYSE in New York By Manas Mishra (Reuters) – Wall Street dipped in thin trading on the last day of the decade as a year-end rally powered by optimism around trade and a brightening global outlook fizzled out, though the S&PRead More →
© Reuters. Wall Street’s record rally loses steam on profit-taking By Manas Mishra (Reuters) – U.S stock indexes slipped from record highs on Monday as investors booked profits on the penultimate day of the decade after optimism over improving U.S.-China trade relations fueled a Wall Street rally this month. WhiteRead More →
© Reuters. Wall Street slips from record levels on profit-taking By Manas Mishra (Reuters) – Wall Street’s major indexes slipped on Monday as investors booked profits on the penultimate day of the decade after improving global sentiment fueled a U.S. market rally this month. The announcement of a Phase 1Read More →
Asian markets mostly gained in early trading Friday, after yet more record highs on Wall Street. Japan’s Nikkei NIK, -0.36% was about flat, while Hong Kong’s Hang Seng Index HSI, +1.21% gained 1.2%. The Shanghai Composite SHCOMP, -0.08% advanced 0.7% while the Shenzhen Composite 399106, -0.67% Read More →
Gold has a chance to be an interesting investment in the coming year, says Blackstone investment luminary Byron Wien: ‘Watch gold in 2020. It has a chance to be an interesting investment.’ Byron Wien That is how the veteran investor, whom U.S. News & World Report report described as aRead More →
Asian markets were mixed in quiet trading Tuesday, following another record day on Wall Street. The Dow Jones Industrial Average DJIA, +0.34% and S&P 500 SPX, +0.09% closed at record highs for a third consecutive day, while the Nasdaq Composite COMP, +0.23% notched a record ninth-straight recordRead More →
Stocks were mixed in early trading in Asia on Friday after Wall Street posted more record highs, extending the market’s gains for the week. Japan’s Nikkei 225 index NIK, +0.04% edged 0.2% lower, while Hong Kong’s Hang Seng Index HSI, +0.37% edged 0.4% higher. The Shanghai Composite SHCOMP,Read More →
© Reuters. FILE PHOTO: Traders work on the floor at the New York Stock Exchange (NYSE) in New York By Uday Sampath Kumar (Reuters) – Wall Street hovered near record highs on Thursday as U.S. Treasury Secretary Steven Mnuchin said Washington and Beijing would sign an initial trade deal inRead More →
© Reuters. Investing.com – Stocks moved very slightly higher for a sixth-straight day, perhaps because of the uncertainty caused by the House vote on impeaching President Donald Trump. The , , and indexes hit intraday highs before the gains faded. The Nasdaq and Nasdaq 100 Indexes rose about 0.05% each.Read More →
Asian shares were mixed Wednesday after record highs on Wall Street amid investor optimism about an interim U.S.-China trade deal announced last week were tempered by fresh worries of a hard Brexit. Japan’s benchmark Nikkei 225 NIK, -0.54% erased earlier gains to inch down 0.4% in morning trading. HongRead More →
By Uday Sampath Kumar (Reuters) – U.S. stock index futures dipped on Tuesday, a day after Wall Street closed at all-time highs, while Boeing was set for its fourth straight session of losses as the planemaker said it would suspend production of its 737 MAX jet in January. Boeing (N:)Read More →
Asian shares rose Tuesday following a rally on Wall Street that sent the major indexes to record highs, cheered by surprisingly strong economic reports out of China. Japan’s benchmark Nikkei 225 NIK, +0.48% added 0.5% in early trading. South Korea’s Kospi 180721, +1.01% gained 1.1%. Hong Kong’s HangRead More →
Is the stock market on the brink of breaking into an unmitigated run-up to fresh records? That is the question that a number of a market strategists are exploring as the Dow Jones Industrial Average DJIA, +0.43%, the S&P 500 SPX, +0.75% and the Nasdaq Composite COMP, +0.97% indexes mountRead More →
© Reuters. Traders work on the floor of the New York Stock Exchange shortly after the opening bell in New York (Reuters) – U.S. stocks hit fresh record levels on Friday after China said first phase trade talks with the United States have achieved major progress and that Beijing wouldRead More →
U.S. stocks with attractive dividend yields have performed very well this year, for obvious reasons: Interest rates have declined at home and investors in Europe and Japan — where government and central-bank policies have pushed bond yields well into the negative — are desperate to find investments that will giveRead More →