Screens for the Nasdaq Composite and Nasdaq-100 are displayed at Nasdaq, Thursday, Jan. 26, 2017, in New York. It’s been a record-making week on Wall Street.
Category: Financial Markets
Oil up on Stock Market, but U.S. Supply Caps Gains
Oil prices were driven 2 percent higher by an ongoing rally in the U.S. stock market on Thursday, although gains were capped by plentiful supplies and bulging inventories in spite of efforts by producers to cut output. U.S. light crude futures were up $1.22 to $53.97 a barrel, a gain of 2.2 percent, while Brent crude rose $1.25, or 2.3 percent, to $56.33 by 10:49 a.m. ET .
Dow Holds Above 20,000 as Investors Focus on Earnings
The Dow Jones Industrial Average stayed firmly above 20,000 on Thursday, after breaching the milestone a day earlier, while losses in tech stocks weighed on the S&P 500 and the Nasdaq Composite indexes. Qualcomm fell 5.1 percent to $54.04 after the chipmaker reported a lower-than-expected rise in quarterly revenue.
Dow hits 20,000 but all anyone wants to talk about are bonds — Guilfoyle
Interestingly, on a very strong day for equities, the majority of e-mails that I fielded yesterday involved bonds. From sell-side sales traders, and from retail traders alike, either to ask what I thought, or to offer their own opinion, there seemed to be a theme.
Stock Futures Rise as Comcast, eBay Top Earnings Forecasts
Stock futures rise on Thursday, looking to add to a historic rally a day earlier, as positive earnings continue to filter in. Stock futures rose on Thursday, looking to add to a historic rally a day earlier, as positive earnings continued to filter in.
Rising Tiger Philippines Posts Some of the World’s Fastest Growth
After years spent languishing behind its neighbors, the Philippines is finally catching up with its fellow Asian tiger economies as it posts some of the fastest growth rates in the world. With the World Bank forecasting expansion of more than 6 percent for eight years until 2019 — unparalleled in the nation’s history — the Philippines is mimicking gains seen in Malaysia and Thailand in the 1990s as they industrialized.
RBS to Take $3.8 Billion Charge Tied to U.S. Mortgage Probe
Royal Bank of Scotland Group Plc said it will take a 3.1 billion-pound charge in its fourth-quarter results as it moves closer to resolving a U.S. probe into sales of mortgage securities before the financial crisis. The lender is continuing to cooperate with the U.S. Department of Justice on its investigation, though timing of a settlement remains uncertain, the Edinburgh-based bank said Thursday in a statement.
European Stocks Called Higher as Investors Ride Global Stock Rally
European stocks are expected to open higher Thursday as investors ride the wave of a record close on Wall Street and solid corporate earnings. European stocks are expected to open higher Thursday as investors ride the wave of a record close on Wall Street and solid corporate earnings and set aside, for the moment at least, concerns over the protectionist direction of President Donald Trump.
Does Dow 20,000 Mean It’s Time to Get Out?
Dow 20,000 – it’s the talk of Wall Street and maybe even worth a tweet from the president. But what’s it mean to professional investors? Mostly a call for caution, it turns out.
Why Abercrombie & Fitch Co. Stock Was Cut in Half in 2016
Shares of the fashion retail brand dropped more than 54% throughout the year, according to data provided by S&P Global Market Intelligence , after the company posted multiple quarters of declining same-store sales. It’s estimated to have notched a net loss for the year.
Cramer: Dow 20K Is a Symbol of Strength
We finally hit Dow 20,000. The Dow had been unable to break the barrier in recent weeks as uncertainty mounted and investors took profits and Google approaching and/or reaching new highs.
Why Bob Evans Farms Inc Stock Popped Today
As of 12:31 p.m. EST, the stock was up 22.3%. The company said it would sell Bob Evans Restaurants to private-equity firm Golden Gate Capital for $565 million, which is equivalent to about 60% of the company’s market value before the announcement and 50% today.
Alternative Facts? Apple, Inc. Gets a Strange Downgrade
Analyst Mark Moskowitz expects the smartphone market to stagnate this year. Moreover, unlike many other analysts, he doesn’t see the upcoming 10th anniversary iPhone as a major growth catalyst.
These 5 Stocks Drive Vanguard High Dividend Yield’s Performance
Dividend stocks have been a lifesaver for investors who need income from their investment portfolios, especially in light of rock-bottom interest rates on bonds and other fixed-income assets. In particular, Vanguard High Dividend Yield ETF offers a low-cost way to get diversified exposure to more than 400 stocks, all of which have above-average dividend yields.
Trade Microsoft’s Volatile Action Near All-Time High
Microsoft had a tough first half of 2016, but regained momentum following Brexit, then stabilized after a negative reaction to the Trump election win. Microsoft had a tough first half of 2016, giving up first-quarter gains even as stocks bottomed on Feb. 8. A negative reaction to earnings released on April 21 was the culprit.
Positive Earnings Are Setting Up the Dow for Its Push to 20,000
A series of positive earnings on Wednesday morning set the Dow Jones Industrial Average up to close in on its 20,000 milestone. A series of positive earnings on Wednesday morning set the Dow Jones Industrial Average up to close in on its 20,000 milestone.
Here’s How to Play the Biotech Rebound
Hillary Clinton and Donald Trump shared at least one thing in common. They both publicly railed against high prices for prescription drugs.
This Market Has the Economic Justification to Rally
At this time last year, investors were looking into the abyss while stocks tumbled, oil crashed and bonds rallied, as the flight to safety trade was in full effect. This year, we have literally the opposite of all those situations.
European Stocks Called Higher After Solid Asia Session, U.S. Earnings
European stocks are called higher Wednesday as the U.S. corporate earnings season continues to impress and the U.S. dollar rebounded modestly in overnight Asia trading. European stocks are called higher Wednesday as the U.S. corporate earnings season continues to impress and the U.S. dollar rebounded modestly in overnight Asia trading.
Why Fortuna Silver Mines, Straight Path Communications, and BT Group Slumped Today
Tuesday was a strong day for the stock market, and the Dow Jones Industrials climbed more than 100 points to come once again within spitting distance of the 20,000 mark. Other major market benchmarks climbed even more sharply on a percentage basis as investors generally celebrated encouraging results from companies announcing earnings and on the macroeconomic front.
Why Allegheny Technologies, II-VI, and Beazer Homes Jumped Today
The stock market performed well on Tuesday, responding to steady improvement among many companies as earnings season kicked into high gear. Although political issues are likely to remain in the spotlight for some investors for the foreseeable future, many market participants are looking to economic and business issues in driving their investing decisions.
S&P 500, Nasdaq Close At New Records After Strong Earnings
U.S. stocks finished higher Tuesday with the S&P 500 and Nasdaq setting record highs after a fresh round of corporate earnings overcame uncertainty ahead of President Donald Trump’s pro-business agenda. The Dow Jones Industrial Average rose 112.86 points, or 0.6%, to finish at 19,912.71, with shares of DuPont and International Business Machines Corp. leading gainers.
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The S&P 500 and the Dow were set for their best day in three weeks on Tuesday, powered by technology and bank stocks. “We are now in a phase where the policies need to come to fruition to justify the move we have seen in the post-election period,” said Bill Northey, chief investment officer at Private Client Group of U.S. Bank.
5 Earnings Short-Squeeze Trade Ideas
Short-sellers hate being caught short a stock that reports a blowout quarter. When this happens, we often see a tradable short squeeze develop as the bears rush to cover their positions to avoid big losses.
Vanguard to Deutsche AM See Sub-Zero Bond Yields Persisting
Good news for bond bulls: as far as some of the world’s biggest investors are concerned, negative yields will be a feature of Europe for years to come. Vanguard Group says the euro zone’s sluggish economy, where policy makers are barely halfway to reaching their inflation target, means monetary easing will persist, and sub-zero bond yields with it.
Billionaire Seeks Solace in Bonds After Share Sale Stumbles
Yes Bank Ltd.’s billionaire chief Rana Kapoor says he will consider bond sales every year to bolster capital, signaling a new-found appreciation of the debt market after a $1 billion share sale faltered in September. Strong investor interest in a 30-billion rupee perpetual bond sale last month has now given Kapoor confidence in similar transactions to raise his Mumbai-based bank’s buffers against potential losses, he told reporters last week.
Our Investing Resolutions for 2017
In this clip from Industry Focus podcast, two Motley Fool analysts share their financial New Year’s resolutions for 2017. Listen in to find out one possible and practical way to combat emotional stock buying, how to quantify the value of the time you put into researching the companies you buy, and when it might be time to make a hard decision on a small position.
European Stocks Called Higher amid Dollar Decline, Corporate Earnings Slate
European stocks are expected to open firmer Tuesday as investors head into a busy corporate earnings season amid questions over the stability of economic policies from President Donald Trump. European stocks are expected to open firmer Tuesday as investors head into a busy corporate earnings season amid questions over the stability of economic policies from President Donald Trump.
Yamana Gold Jumped 46% in 2016: Can It Jump Even Higher in 2017?
With prices rising as much as 21% last August, gold looked like it was bouncing back last year from the slide that it has endured since 2013. Donald Trump’s election put an end to that, though — from the election to the end of December, the price of gold fell nearly 11%.
What Happened in the Stock Market Today
Stocks ended lower on Monday, as weakness in the energy sector outweighed gains in tech shares. The Dow Jones Industrial Average indexes each shed less than 0.5% at the start of a week that will see hundreds of companies post their fourth-quarter earnings results.
Trade Idea: A Bear Call Spread on Boeing
Boeing reports this Wednesday morning prior to the opening bell at 11 Wall Street. In fact, in this busy week for quarterly earnings releases, not only does Boeing report, but so do just about all of Boeing’s competitors.
Riding the smart beta wave
Investors liked their low trading costs and ability to deliver benchmark returns by tracking an index, a commodity, bonds, or a basket of assets. Smart beta ETFs are carefully constructed indexes that rank stocks by traits other than their market value, the standard methodology employed by traditional benchmarks, such as the Standard & Poor’s 500.
Hong Kong Shares Edge Up
Both the benchmark Hang Seng index and the Hong Kong China Enterprises Index were up 0.1 percent at the close, to 22,898.52 points and 9,726.82 points respectively. The market was under profit-taking pressure after recently rising above 23,000 points and would likely end the week around 22,800 points, predicted Steve Leung, director at UOB Kay Hian Holdings.
European Stocks Called Lower Amid Dollar Pullback
European stock are expected to open lower Monday amid a major pullback in the U.S. dollar sparked by increasing concerns over the protectionist signals from President Donald Trump. European stock are expected to open lower Monday amid a major pullback in the U.S. dollar sparked by increasing concerns over the protectionist signals from President Donald Trump.
Beware the Hedge-Fund Wipeout in Treasuries as Bearish Bets Soar
The “fast money,” made up of hedge funds and other speculators, upped its bearish bets like never before this month, based on futures data for five-year notes. At the same time, “real-money” accounts, composed of institutional buyers like mutual funds and insurers, did the opposite and built up their bullish positions in much the same way.
Beware the Hedge-Fund Wipeout in Treasuries as Bearish Bets Soar
The “fast money,” made up of hedge funds and other speculators, upped its bearish bets like never before this month, based on futures data for five-year notes. At the same time, “real-money” accounts, composed of institutional buyers like mutual funds and insurers, did the opposite and built up their bullish positions in much the same way.
3 Stocks That Are Up 20% in January
The S&P 500 has risen less than 1% since the beginning of the year, but plenty of stocks posted double-digit gains during that time. Let’s take a closer look at three stocks that have rallied about 20% in January — Shopify provides a cloud-based e-commerce platform for small to medium-sized businesses.
Top Biotech Stocks to Buy in 2017
Many individual biotech stocks have performed far worse. One bright side to all of that selling is that a handful of high-quality biotech stocks are currently trading for attractive prices.
These Dividend Stocks Could Double in 2017
Finding stocks that can double is no easy feat. Any number of things can derail optimism and send shares reeling.
These Dividend Stocks Could Double in 2017
Finding stocks that can double is no easy feat. Any number of things can derail optimism and send shares reeling.