Shares of GE HealthCare GEHC, rose 1.3% in premarket trading Monday, reversing an earlier loss, after the medical technology and pharmaceutical diagnostics company reported its first results as a publ...
Tag: $SPX
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 ...
How to get a 6% return in bonds this year, according to Guggenheim
After an awful year, a straightforward strategy has been shaping up for investors to get an estimated 6% return in the bond market, according to Guggenheim Partners. The Federal Reserve’s rapid pace o...
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...
Carvana stock soars in active trading to lead the NYSE’s gainers
Shares of Carvana Co. CVNA, +19.54% soared 20.8% in active afternoon trading Friday, enough to pace the New York Stock Exchange’s (NYSE) gainers list. Trading volume swelled to 28.6 million shares, al...
What will the Fed and Jerome Powell do next week?
Jittery U.S. investors are still in “bad news is good news” mode because they want to see interest rates decline. And they expect to get what they want, as shown by the inverse yield curve. Two-year U...
Boeing’s Terrible Earnings Have Left Wall Street More Bullish. Here’s Why.
Free cash flow at commercial aerospace giant Boeing has stabilized. Earnings, however, are all over the place. That isn’t bothering Wall Street, though—the stock remains attractive and target prices a...
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...
Energy Earnings Could Drop 11%
After two years of skyrocketing growth, oil and gas earnings are now past their peak. The good thing for the stocks is that the peak was remarkably high, and the decline is likely to be very gradual. ...
The Next PCE Report Lands Today. What It Will Say About Inflation.
The Federal Reserve’s preferred measure of rising prices is set to show that inflation continues to trend downward, supporting the narrative that the central bank could soon ease up in its battle agai...
After United Airlines win, Boeing is involved in ‘more big orders,’ CEO says
Boeing Co., which recently clinched a major deal with United Airlines Holdings Inc. for hundreds of its jets, also has some other big deals, according to CEO Dave Calhoun. “We’re involved in more big ...
What’s next for Bed Bath & Beyond after defaulting on its loans?
Troubled home-goods retailer Bed Bath & Beyond Inc. disclosed in a filing Thursday that it was in default on loans that have been called in, sending its stock plunging. The filing comes just three...
Mobileye Stock Gains After Blow-Out Earnings Show Growth in Self-Driving Cars
Car owners who want their vehicles to drive them around have been burned by years of overpromising by the auto industry. There are no truly self-driving cars. Autonomous-driving technology is getting ...
This recession indicator is close to the point of no return. But stocks historically rally if the Fed cuts and the economy still grows.
It’s way too early to proclaim a Goldilocks environment, even if major asset classes are at least pointing to a better chance of it. The S&P 500 SPX, +0.40% has gained 5% this year, and the tech-h...
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...
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. ...
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...