Category: Stocks
-
US stocks set to open marginally lower after the stronger US jobs report
•
US jobs data came in stronger than expected with Non-Farm Payrolls rising by 272K versus estimates of 185K. The unemployment rate rose to 4.0% as the participation rate declined. US yields rose with the 10-year bond yield rising 12.7 basis points to 4.408%. However, the 10-year bond yield rose to…
-
2 Artificial Intelligence (AI) Stocks Up 2,220% and 10,740% in 15 Years to Buy Now
•
shares Super micro computer (NASDAQ: SMCI) And Intuit (NASDAQ:INTO) They have risen by 10,740% and 2,220%, respectively, over the past 15 years. This price rise qualifies the two companies as candidates for a stock split in 2024. More importantly, it tells investors that both companies must be doing something right.…
-
US stocks lower to start the US trading day
•
The bell rang to start the US trading day, and prices fell. The broader S&P and NASDAQ fell by -0.30%. Dow Jones, slightly lower. Shows a snapshot of the market 5 minutes after the open: Dow Jones Industrial Average -98.53 points or -0.25% at 38,787.65 The Standard & Poor’s Index…
-
3 High-Yield Dividend Stocks to Buy in June to Safeguard Your Portfolio From Future Storms
•
The stock market has been very hot over the past year, setting several new all-time highs. This may make it easier to forget about difficult times in the past. Unfortunately, the market will eventually face more storms in the future. For this reason, investors should look for ways to protect…
-
2 Soaring Stocks I’d Buy Now With No Hesitation
•
The stock market has risen over the past year, with Nasdaq Composite An increase of more than 27% since last June. The growth is a welcome development after the Covid-19 pandemic and economic downturn in 2022, which saw the same index fall by 33% during a challenging year. Investors have…
-
3 Dow Stocks That Are No-Brainer Buys in June
•
On May 26, Icon Dow Jones Industrial Average (DJI: ^DJI) It celebrated its 128th birthday. Since its introduction in 1896, it has undergone more than fourteen changes and gone from a 12-stock index filled with industrial companies to one now represented by 30 time-tested, diversified multinational companies. In mid-May, Dow…
-
World stocks shine after cautious ECB rate cut By Reuters
•
Written by Mark Jones and Koh Gui Cheng NEW YORK/LONDON (Reuters) – Global stocks hit all-time highs and the euro rose on Thursday after the European Central Bank cut interest rates for the first time in nearly five years, while signaling that further moves may take some time. Policymakers at…
-
Wall Street mixed as Nvidia retreat hits tech stocks; payrolls data in focus By Reuters
•
By Lisa Pauline Mattkal and Johan M. Cherian (Reuters) – Wall Street struggled for direction on Thursday as artificial intelligence favorite Nvidia (NASDAQ:) fell after a tech-led rise in the previous session, and investors awaited a key labor market report before the Federal Reserve meets next week to decide on…
-
Bank of America lays out the perfect scenario for stocks to rally after the May jobs report
•
“We’re hiring!” A sign is displayed at a Starbucks coffee shop on Hollywood Boulevard on June 23, 2021 in Los Angeles, California.Mario Tama/Getty Images The stock market faces a big test this week with the release of the May jobs report on Friday. Bank of America said the moderate range…
-
Asian stocks muted before more rate cues; Indian elections in focus By Investing.com
•
Investing.com — Most Asian stocks fell on Tuesday, easing recent gains as investors awaited more signals on interest rates this week, while Indian stocks hovered around record levels on bets that the Bharatiya Janata Party would win a third consecutive election term. General year 2024. Regional stocks received moderate signals…
-
Stocks pulling back and into negative territory
•
Major US indices have now turned into negative territory: Dow Jones Industrial Average -7 points or -0.02% S&P Index -8.26 points -0.16% Nasdaq -70 points or -0.42% Yields remain low with the 10-year basis falling -5.9 to 4.494% (this week’s high was 4.638%). The 2-year yield was down -4.6 basis…
-
My Top ETF to Buy the Dip in Slumping Software Stocks Like Salesforce
•
Sales force (NYSE: CRM) The stock took a beating on May 30, one day after posting weak guidance for the second quarter of fiscal 2025. Salesforce and other software stocks — from Adobe to a work day, Atlantic, SnowflakeOthers are hovering around their lowest levels so far this year. The…
-
US stocks rebound into the close.
•
Major indexes rose strongly at the close as end-of-month flows erased previous declines: The Dow Jones index rose 574.84 points, or 1.51%, to 38,686.31 points. The gain was the biggest one-day gain since November 2, 2023 The Standard & Poor’s Index rose 42.03 points, or 0.80%, to 5,277.50 points. At…
-
Stocks cap another winning month, S&P 500 logs best May since 2003
•
Shares of Trump Media and Technology Group (DJT), the parent company of former President Donald Trump’s social media platform, Truth Social, rallied from losses in extended hours trading to rise about 6% early Friday after Trump. He was found guilty on all 34 counts of falsifying business records with the…
-
U.S. stocks mixed at close of trade; Dow Jones Industrial Average up 1.51% By Investing.com
•
Investing.com – US stocks were mixed after the close on Friday, as gains in , sectors led stocks higher while losses in , sectors sent stocks lower. At the end of trading on the New York Stock Exchange, the index rose by 1.51%, while the index added 0.80%, and the…
-
Japan stocks higher at close of trade; Nikkei 225 up 1.27% By Investing.com
•
Investing.com – Japanese stocks rose after the close on Friday, as gains in the stock sector led shares higher. At the close in Tokyo, the index rose by 1.27%. Among today’s leading stocks was Sumitomo Dainippon Pharma (TYO:), which rose 6.64%, or 19.00 points, to trade at 305.00 at the…
-
Asian Stocks Retreat as Bond Selloff Spreads: Markets Wrap
•
(Bloomberg) — Stock and bond trading fell in Asia on Wednesday as traders weighed the impact of a jump in U.S. Treasury yields overnight and comments from the Federal Reserve chairman dampened bets on a Fed rate cut. Most read from Bloomberg The MSCI Asia-Pacific index fell for a second…
-
JPMorgan recommends defensive, commodity stocks ahead of rate cuts By Investing.com
•
Strategists at JP Morgan believe investors should consider a shift toward defensive stocks and commodity stocks in anticipation of upcoming interest rate cuts by central banks. Historically, defenses have suffered when bond yields have been rising, but that phase may be ending, the Wall Street giant notes. Now, during the…
-
Stocks Rise, Dollar Slips Ahead of Inflation Data: Markets Wrap
•
(Bloomberg) — Asian stocks rose Tuesday as the dollar fell ahead of a string of inflation that is expected to impact the direction of global monetary policy. Most read from Bloomberg The MSCI AC Asia-Pacific Index rose, with stocks in Hong Kong leading gains in Asia. Markets in Japan and…