Market analysis U.S. stock markets opened mixed on Tuesday after producer prices data for October reminded the market that inflation remains a live issue – and one that policymakers appear in little hurry to address. More
3 Stocks to watch in the coming week More
Market analysis U.S. stock markets opened higher on Monday, supported by the passage of the Democrats’ infrastructure spending bill late on Friday, and by fresh reassurances that there will be no interest rate hikes for another year. More
General Market Wall Street’s main indexes jumped on Thursday in a broad-based rally led by heavyweight technology shares, after a truce in the debt-ceiling standoff in the U.S. Congress relieved concerns of a possible government debt default this month. More
Market analysis Wall Street’s main indexes hit record highs in a broad-based rally on Friday as data showing strong jobs growth in October, coupled with Pfizer ‘s COVID-19 pill update, boosted sentiment about economic growth. More
Market analysis The Federal Reserve yesterday confirmed what it’s been hinting at for months: it will start winding down its bond-buying program. It’s still a long leap to launching interest-rate hikes, Fed Chair Powell suggests. But the first baby step has been taken for laying the groundwork for a post-pandemic policy regime. More
Market analysis U.S. stock markets opened mixed on Thursday, unable to add much to Wednesday’s gains that left them at a record high for the third straight day, despite the tailwinds of a relaxed Federal Reserve and a strengthening labor market. More
Market analysis The Federal Reserve is widely expected to announce the tapering of its $120 billion-per-month bond-buying program at the end of its policy meeting today. The U.S. central bank is set to trim its purchases of Treasury and mortgage-backed securities by $15 billion a month starting in either November or December, before ending them […] More
Market analysis U.S. stock markets opened mostly lower on Wednesday after a strong report on private-sector hiring in October strengthened fears that the Federal Reserve may accelerate its timetable for raising interest rates. More
Market analysis On the charts, all the major equity indexes closed higher yesterday with only the RTY unable to post a new closing high. All the index charts are now in near-term uptrends. More
Market close The S&P 500 and Nasdaq climbed to record highs Thursday, as big tech continued to rack up gains as investors looked ahead to quarterly earnings from Amazon (NASDAQ:AMZN) and Apple (NASDAQ:AAPL). The Nasdaq rallied 1.4%, to a close at a record of 15,448.12 The S&P 500 added 0.98% to a close at record […] More
Here are three names well worth considering ahead of their quarterly reports in the days ahead. Diamondback Energy Earnings Date: Monday, Nov. 1, after the close EPS Growth Estimate: +345.1% YoY Revenue Growth Estimate: +111.1% YoY Year-To-Date Performance: +130.7% Market Cap: $20.2 Billion Diamondback Energy (NASDAQ:FANG)—which blew past estimates for earnings and revenue in the […] More