Text size John Taggart/Bloomberg Oh, what a difference a few simple words can make. “The disinflationary process has started,” said Federal Reserve Chairman Jerome Powell at Wednesday’s press conferen...
Tag: DJIA
Richer Than Elon Musk, He Bought Tiffany at a Tough Time. He’s Got a Gem Now.
There’s a reason Bernard Arnault is the world’s richest person. The chairman, CEO, and controlling shareholder of LVMH Moët Hennessy Louis Vuitton the world’s largest luxury-goods merchant, knows how ...
The stock-market rally survived a confusing week. Here’s what comes next.
Despite a Friday stumble, stocks ended a turbulent week with another round of solid gains, keeping 2023’s young but robust stock-market rally very much alive. But a cloud of confusion also sets over t...
UnitedHealth stock can be blamed for most of the Dow’s decline, while the rest of the stock market rallies
The Dow Jones Industrial Average’s DJIA, -0.11% selloff, in the face of a big rally in the broader stock market, is mostly the fault of one company’s stock. UnitedHealth Group Inc. shares ...
There’s still too much risk in stock and bond markets. Earn this easy 4.5% return while you wait for stability, says trader who hit 2 big calls in 2022.
Ahead of major tech earnings later, Meta results are lighting up the Nasdaq Composite COMP, +2.97% for Thursday. The S&P 500 SPX, +1.40% is also up as investors take a glass-half full view of the ...
BP May Cut Renewable Energy Spending. Its Stock Could Catch Exxon, Chevron.
BP stock was heading higher Wednesday morning after the Wall Street Journal reported that the European oil giant was planning to narrow its investments in renewable energy. The former British Petroleu...
Dow Stocks To Trade In February
AP Photo/Seth Wenig, File Copyright 2022 The Associated Press. All rights reserved. Here is how the month of February breaks down in terms of the odds of a higher market from 4 views: All Februarys: 5...
Lithium Americas Soars After GM Invests $650 Million. EV War Is Escalating.
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Morgan Stanley’s Mike Wilson warns the stock market’s January rally could end this week
A surprisingly good start for the U.S. stock market in 2023 is likely to fade this week as the Federal Reserve is set to announce its eighth consecutive rate hike at the conclusion of its policy meeti...
Asian shares mostly rise, but Hang Seng drops over 2% as Alibaba tumbles on reports of headquarter shift
BANGKOK (AP) — Shares were trading mixed in Asia on Monday after Wall Street benchmarks closed higher on Friday, capping a third week of gains out of the last four. Tokyo and Shanghai rose while Hong ...
This week’s Fed vs. markets showdown could decide fate of early 2023 stock rally
Let’s get ready to rumble. The Federal Reserve and investors appear to be locked in what one veteran market watcher has described as an epic game of “chicken.” What Fed Chair Jerome Powell says Wednes...
S&P 500 nears first ‘golden cross’ in 2½ years, but this doesn’t guarantee more gains ahead
The S&P 500 is on the verge of achieving its first “golden cross” in 2½ years, but that doesn’t mean stocks are destined for more gains over the coming year. The golden-cross indicator is used by ...
An Unstoppable Stock Market Is About to Meet the Immovable Fed
The stock market has acted as if the Federal Reserve doesn’t exist as it jumps out to a quick start to the year. Expect Fed Chairman Jerome Powell to remind it when the central bank hikes interest rat...
Plug Power Stock Took a Dive. Here’s What Wall Street Thinks.
Shares of hydrogen and fuel cell technology company Plug Power took a hit after the company gave a disappointing update about how 2022 finished off. But Wall Street is still bullish about 2023. Wednes...
Dow Inc. Warns of Weakness, to Lay Off 2,000 Workers as Earnings Fall
Chemicals giant Dow Inc. sees the global economy slowing down and is preparing for weakness by cutting costs and focusing on cash generation. That’s the right playbook for a weak operating environment...
Suze Orman says ‘most of America today has absolutely no money.’
Financial guru Suze Orman thinks that most consumers are, or soon will be, facing dire straits, in an environment of higher interest rates, higher inflation and elevated volatility in stocks and bonds...
Who Makes Abrams M1 Tanks? What to Know About General Dynamics.
As the Ukraine-Russia war continues, the U.S. has decided to send 31 advanced Abrams tanks to Ukraine. That military staple comes from American aerospace and defense giant General Dynamics which repor...
Big Tech Stocks Lose $120 Billion After Microsoft Sets Off Earnings Recession Whistles
Topline Stocks fell Wednesday after Microsoft’s quarterly earnings report fell far short of expectations, with the top technology stocks leading the drop as fears mount about how lackluster macroecono...
Boeing Reports Earnings Wednesday. What to Expect.
Text size Boeing investors are looking for improvement in sales, earnings and free cash flow in 2023. Logan Cyrus/Getty Images Boeing investors have endured a lot of bad news over the past few years. ...
7 EVs That Cost Less Than the Average New Car After Tax Credits
Electric vehicle buyers in the U.S. can now get a purchase tax credit from the government, and it has pushed the price of several high-volume EVs below the average price paid for a new car in America....
7 EVs That Qualify for a Tax Credit—and Cost Less Than the Average New Car
Electric vehicle buyers in the U.S. can now get a purchase tax credit from the government, and it has pushed the price of several high-volume EVs below the average price paid for a new car in America....
The 1980s was the blueprint for the upcoming disinflation cycle and these are the stocks for it, strategists say
Stocks logged a third-straight losing session on Thursday as investors continue to deal with a mixed bag of economic data. That followed Wednesday’s session and extremely weak industrial production th...
Apple, Amazon, Facebook and Google face earnings test amid Big Tech layoffs
In the biggest week of the holiday-earnings season, Big Tech results will receive the spotlight amid thousands of layoffs that could only be the beginning. After tech stocks were decimated in 2022, in...