Category Archives for News

Stocks Drop From Record Highs; Treasuries Gain: Markets Wrap

U.S. stocks retreated from all-time highs after Bloomberg reported that tariffs on billions of dollars of Chinese goods will likely stay in place until after the presidential election.The S&P 500, Nasdaq Composite and Dow Jones Industrial indexes all pulled back from records as the conditions underscored lingering concern about future progress in negotiations. Positive results […]

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S&P 500 rises to record high after news the US will remove currency manipulator tag from China

tariffs

Stocks closed higher on Monday, resuming the rally that started last week amid news the U.S. will remove China from a list of currency manipulating countries, increasing optimism ahead of the signing of a key trade agreement.The S&P 500 gained 0.7% to close at 3,288.13, hitting a record high. The Nasdaq Composite also notched an all-time […]

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Facebook, Tesla and Netflix comebacks show how investors can overreact to headlines and miss out

netflix

If you believed last year’s headlines, Facebook would be broken up, Tesla would never turn a profit, and Netflix would soon be clobbered by Disney+ and other upstart streaming competitors.Each of those stocks took headline hits — and for good reasons at the time — but investors who sold or shorted shares on the negative […]

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Stock Market Rally Powers Higher Despite Iran Tensions; Tesla, Boeing, Costco, Beyond Meat In Focus: Weekly Review

investors

The stock market rally shrugged off an Iran missile attack, with the Dow Jones, S&P 500 and Nasdaq composite all hitting new highs. Tesla (TSLA) delivered its first China-made Model 3 cars to customers, while Beyond Meat (BYND) is getting a wider McDonald’s (MCD) test. Boeing (BA) now favors 737 Max simulator training for pilots, […]

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Dow Jones Futures: As Stock Market Rally Tests Limits, Don’t Buy These 5 Hot Stocks Now

stock

Dow Jones futures rose modestly late Thursday, along with S&P 500 futures and Nasdaq futures. The stock market rally hit fresh highs Thursday, with the Nasdaq composite hitting the top of its channel. That gives an extra reason to avoid buying Apple (AAPL), Tesla (TSLA), Advanced Micro Devices (AMD), Alibaba (BABA) and Luckin Coffee (LK) […]

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December’s jobs report Friday could have some upside surprises, including better pay

U.S. markets

Economists expect December’s employment report to show a solid pace of job growth and steady wage gains, but some economists say the report could contain an upside surprise or two. One reason may be the increasing willingness of employers to raise wages as they struggle to retain and attract talent in a tight job market. Taco Bell, […]

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Grubhub shares surge on report the company is exploring a sale

Shares of Grubhub surged more than 15% on Wednesday after The Wall Street Journal reported that the company has hired financial advisers to explore strategic options, including a possible sale. At $57 per share, Grubhub’s stock is closing in on the price it traded at before its disappointing third-quarter earnings report in October. In addition to a […]

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Why markets are oddly subdued after Iran’s attack on US bases in Iraq: ‘You call that a knife?’

Oil and gold surged and stocks fell as Iran fired more than a dozen missiles at US bases in Iraq, in what appears to be a retaliation for the US assassination of Iranian military chief Qassem Soleimani. But those initial moves fizzled out as traders gauged the prospects of military escalation. “You call that a knife?” said […]

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Dow futures drop almost 200 points after Iran retaliation raises fears of bigger conflict

S&P 500

U.S. stock futures dropped Tuesday night on news that rockets were fired at an Iraqi airbase that hosts American troops. Dow Jones Industrial Average futures dropped 170 points and indicated a loss of 192.68 points at Wednesday’s open. S&P 500 and Nasdaq 100 futures pointed to losses. Dow futures briefly fell more than 400 points earlier. U.S. […]

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What An Escalating Iran Conflict Means For Dow Jones 2020 Outlook

outlook for 2020

The Dow Jones Industrial Average and broader stock market outlook for 2020 unfolded just as expected — until the second trading day. The extent of the risk posed by the escalating U.S.-Iran conflict is still hard to gauge. Yet the wake-up call for investors could undercut stock market momentum in the near term, after stocks […]

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