Martin Luther King Jr. Day: Is the stock market open on Monday?
[ad_1] U.S. stocks have gotten off to a solid start in 2023 thanks to cool inflation data and slower wage growth which investors hope will convince the Federal Reserve to…
Here are potential impacts of China’s reopening on markets, Goldman Sachs says
[ad_1] China, the world’s second-largest economy behind the U.S., is set to reopen in just a few days and one major Wall Street firm has boiled down the likely impact…
Is the U.S. stock market open the day after New Year’s?
[ad_1] Most investors were likely happy to see 2022 come to an end when the bell rang out the final trading session of the year on Friday. Stocks logged their…
Why billionaire investor David Tepper is ‘leaning short’ on the stock market right now
[ad_1] “‘I’m leaning short on the equity markets right now because I think the upside/downside just doesn’t make sense to me when I have so many…central banks telling me what…
Dow futures climb over 200 points after Wall Street snaps a losing run
[ad_1] U.S. stock futures advanced on Wednesday, with Wall Street poised to build on its climb out of a four-straight losing hole as the long Christmas weekend nears. Well-received results…
Are stocks cheap enough to buy? BlackRock says they are after a brutal 2022
[ad_1] BlackRock, the world’s largest asset manager, has been making a case that U.S. stocks look “cheap” heading into 2023, even if equities might still need to find a bottom…
Dow futures drop 300 points on investor angst over expected aggressive central bank action into 2023
[ad_1] U.S. stock futures pointed to sharp losses at the start of trading for Wall Street on Friday, amid investor expectations that central banks will continue to raise interest rates…
U.S. stock futures point to rough start as Powell hawkishness reverberates
[ad_1] U.S. stock futures on Thursday pointed to a second straight decline after the Federal Reserve opted to close out the year with a more aggressive posture than investors anticipated.…
How Fed’s interest-rate decision and dot plot would affect stock market
[ad_1] Investors have been anxiously awaiting the Federal Reserve’s policy decision due Wednesday afternoon as softer inflation data fuels expectations of a more moderate approach from the central bank on…
Investors won’t see relief until 2024 in the form of Fed rate cuts, warns Credit Suisse
[ad_1] Global central banks already managed to “pop some of the pandemic-inspired bubbles” this year by tightening monetary policy, but investors may need to wait until 2024 for relief in…
‘No cuts until 2024,’ says Goldman economist about Fed’s likely path on interest rates
[ad_1] Investors already fretting the Federal Reserve’s monetary tightening path should brace for interest rates to keep climbing through May 2023, and to forget about any rate cuts next year,…
A recession akin to 1969-1970 awaits U.S. next year, economist warns
[ad_1] Brace for a recession next year. That is the word of warning from S&P Global Ratings economist Beth Ann Bovino, in a post-Thanksgiving weekend report on Monday. “ ‘GDP…
Buy Zillow stock, UBS says, as ‘maximum uncertainty’ presents a good entry point
[ad_1] Investors should buy Zillow Group Inc. now, UBS says, even if they have to wait a year before the U.S. housing market starts improving. Analyst Lloyd Walmsley initiated research…
Bitcoin dips below $17,000 ahead of October jobs data
[ad_1] After a short rally above $17,000, bitcoin BTCUSD, -0.09% has dipped to $16,959.93, a change of -0.70% over the past 24 hours, according to CoinDesk. “Right now it is…
Is the stock market open on Black Friday? Here’s the post-Thanksgiving trading schedule.
[ad_1] Investors will see a shortened session Friday to end a holiday-abbreviated week on Wall Street. U.S. stock exchanges were closed for Thanksgiving Day on Thursday, and reopen only for…
Fed eyes slower rate hikes as recession threat grows
[ad_1] Senior officials at the Federal Reserve expect smaller increases in interest rates will “soon be appropriate” as the threat of recession grows. Although the Fed still expects rates to…
‘I still think we are in a bear market,’ says billionaire investor Carl Icahn of post-CPI market rally
[ad_1] “A rally like this is of course very dramatic to say the least… but I still think we are in a bear market.” That was Wall Street icon Carl…
Is the stock market open? Veterans Day is a regular day for stocks, but the bond market is closed
[ad_1] The U.S. stock market remains open Friday, Nov. 11, for Veterans Day, even through it counts as a holiday for the $53 trillion American bond market. That means a…
Why the Dow is having a killer month as it heads for best October ever
[ad_1] The Dow Jones Industrial Average has been criticized by some market watchers for being a poor barometer of equity-market performance given its relatively small sample size of just 30…
U.S. stock futures tick higher after last week’s rally
[ad_1] U.S. stock futures were pointing modestly higher on Monday, consolidating last week’s gains as a slate of major tech company earnings await. What’s happening Futures on the Dow Jones…
Here’s a breakdown of the $2 trillion in U.S. equity options that are expiring on Friday
[ad_1] U.S. stocks are rallying hard on Friday thanks to suggestions the Federal Reserve is contemplating shifting back to smaller interest-rate hikes after the November meeting, according a report in…
Stock-market selloff may mean another 20% drop for S&P 500, says Wall Street veteran
[ad_1] “‘I generally believe that rates are going to continue to go higher and inflation is not going to come down as much as expected.’” — Thomas Peterffy, chairman and…
How high will rates go? This chart shows expectations for central bank policy rates.
[ad_1] The inflation fight by central banks isn’t even close to over yet, according to Jumana Saleheen, Vanguard’s European chief economist. That means markets likely remain vulnerable to additional shocks,…
Dow futures climb nearly 200 points, helped by U.K. bond turmoil easing
[ad_1] U.S. stock futures advanced on Monday, helped by receding turbulence in the U.K. bond market as earnings season continues. What’s happening Futures on the Dow Jones Industrial Average YM00,…
Classic 60/40 investing strategy sees worst return in 100 years: BofA
[ad_1] Rules of thumb in investing appear to no longer apply in the carnage of 2022 in financial markets. Advocates for the 60/40 portfolio split, designed to capture the upside…