Tag: stocks

  • Stocks making the biggest moves midday: XPO Logistics, Nvidia, Canopy

    Stocks making the biggest moves midday: XPO Logistics, Nvidia, Canopy

    [ad_1] Check out the companies making headlines midday Friday: XPO Logistics – XPO stock tanked a whopping 17 percent after the transportation company reported disappointing fourth-quarter results. Its earnings came in eight cents shy of estimates with adjusted quarterly profit of 72 cents per share, and the company’s revenue also fell short of expectations. XPO…

  • Stocks making the biggest moves premarket: PepsiCo, Deere & more

    Stocks making the biggest moves premarket: PepsiCo, Deere & more

    [ad_1] Check out the companies making headlines before the bell: PepsiCo – The beverage and snack giant reported adjusted quarterly profit of $1.49 per share, matching Street forecasts, while revenue beat estimates. However, PepsiCo also forecast an unexpected drop in full-year profit, due to a stronger dollar and increased investments. Deere – The heavy equipment…

  • Asian stocks retreat as lackluster China, U.S. data weigh

    Asian stocks retreat as lackluster China, U.S. data weigh

    [ad_1] TOKYO (Reuters) – Asian stocks fell on Friday, retreating from four-month highs after data out of China raised concerns over deflationary pressures building in the world’s second biggest economy. FILE PHOTO: Men look at stock quotation boards outside a brokerage in Tokyo, Japan, December 5, 2018. REUTERS/Issei Kato The bearish impulse appeared likely to…

  • Big hedge funds dumped China stocks, Apple as market tumbled

    Big hedge funds dumped China stocks, Apple as market tumbled

    [ad_1] NEW YORK (Reuters) – Prominent hedge fund managers sold out of Chinese technology stocks and dumped Silicon Valley majors such as Apple Inc and Facebook Inc while global stock markets cratered during the fourth quarter, according to securities filings released on Thursday. FILE PHOTO: An investor watches a board showing stock information at a…

  • The market’s ‘safe’ stocks might not be so safe anymore

    The market’s ‘safe’ stocks might not be so safe anymore

    [ad_1] The action in two key stocks — Coca-Cola and Cisco Systems — is telling CNBC’s Jim Cramer that the stocks people have long deemed to be “safe” investments might not be so safe anymore. “The message of today is simple: old-time safety can be illusory,” Cramer said as stocks fell on weak retail data.…

  • Stocks making the biggest moves premarket: Coca-Cola, Alphabet & more

    Stocks making the biggest moves premarket: Coca-Cola, Alphabet & more

    [ad_1] Check out the companies making headlines before the bell: Coca-Cola – Coca-Cola matched Wall Street forecasts with adjusted quarterly profit of 43 cents per share, revenue above estimates and organic growth strongly beating forecasts. The company said it had a solid quarter despite a negative impact from currency headwinds and refranchising. Alphabet – Citi…

  • Asian stocks reach four-month peak on U.S.-China trade deal hopes

    Asian stocks reach four-month peak on U.S.-China trade deal hopes

    [ad_1] TOKYO (Reuters) – Asian stocks reached a more than four-month high on Wednesday, lifted by optimism that the United States and China might be able to hammer out a deal to resolve their nearly year-long trade dispute. FILE PHOTO: Pedestrians are reflected on an electronic board showing Japan’s Nikkei average (top L), the Dow…

  • Asian stocks touch four-month peak on U.S.-China trade deal hopes

    Asian stocks touch four-month peak on U.S.-China trade deal hopes

    [ad_1] TOKYO (Reuters) – Asian stocks edged up to a more than four-month high on Wednesday, lifted by optimism that the United States and China might be able to hammer out a deal to resolve their nearly year-long trade dispute. FILE PHOTO: Pedestrians are reflected on an electronic board showing Japan’s Nikkei average (top L),…

  • Stocks buoyed by deal to avert U.S. government shutdown

    Stocks buoyed by deal to avert U.S. government shutdown

    [ad_1] TOKYO (Reuters) – Asian shares gained on Tuesday as investors hoped a new round of U.S.-China trade talks would help to resolve a dispute that has dented global growth and some corporate earnings. FILE PHOTO: A man is reflected on an electronic board showing a graph analyzing recent change of Nikkei stock index outside…

  • Asian stocks edge up, U.S. futures rise on hope for no U.S. govt. shutdown

    Asian stocks edge up, U.S. futures rise on hope for no U.S. govt. shutdown

    [ad_1] TOKYO (Reuters) – Asian shares edged up on Tuesday as investors hoped a new round of U.S.-China trade talks would help to resolve a dispute that’s dented global growth and some corporate earnings. FILE PHOTO: A man is reflected on an electronic board showing a graph analyzing recent change of Nikkei stock index outside…

  • Asian stocks subdued, focus on new round of Sino-U.S. talks

    Asian stocks subdued, focus on new round of Sino-U.S. talks

    [ad_1] TOKYO (Reuters) – Asian shares barely budged on Tuesday with investors looking to a new round of Sino-U.S. trade talks as the world’s two largest economies try to resolve a tariff dispute that has put a dent on global growth and corporate earnings. FILE PHOTO: A man is reflected on an electronic board showing…

  • World stocks edge higher ahead of trade talks, Brexit

    World stocks edge higher ahead of trade talks, Brexit

    [ad_1] NEW YORK (Reuters) – Stock markets globally inched higher on Monday after China struck an upbeat tone as trade talks between the United States and China resumed, though worries remained over the fate of Brexit. Traders work on the floor of the New York Stock Exchange (NYSE) in New York, U.S., February 8, 2019.…

  • World stocks gain as investors eye trade talks, Brexit

    World stocks gain as investors eye trade talks, Brexit

    [ad_1] LONDON (Reuters) – World stock markets rose on Monday, as investors eyed the resumption of trade talks between the United States and China and watched for signs of progress on Brexit. A man is seen in front of an electronic board showing stock information on the first day of trading in the Year of…

  • World stocks post weekly loss; dollar keeps strengthening

    World stocks post weekly loss; dollar keeps strengthening

    [ad_1] NEW YORK (Reuters) – A gauge of global stocks fell for a third consecutive day on Friday amid uncertainty about global economic growth and trade tensions, posting its first weekly drop this year, while the U.S. dollar tallied its strongest week since August. MSCI’s gauge of stocks across the globe shed 0.35 percent on…

  • World stocks poised for weekly loss; dollar firms again

    World stocks poised for weekly loss; dollar firms again

    [ad_1] NEW YORK (Reuters) – World stocks fell for a third straight day on Friday on pessimism about global economic growth and trade tensions, putting them on track for their first weekly drop this year, while the U.S. dollar was on track for its biggest weekly gain since August. MSCI’s gauge of stocks across the…

  • Chip stocks fall after Goldman warns they’ve gotten expensive

    Chip stocks fall after Goldman warns they’ve gotten expensive

    [ad_1] The Goldman warning comes amid a strong rally in chipmaker stocks, which bounced off a steep December decline and have since posted double-digit gains to start the new year. Angst mounted in the semiconductors space in late in 2018 amid the U.S.-China trade war and general concerns around China’s economic growth. Demand also slowed…

  • Darkening ‘global economic skies’ pull stocks lower

    Darkening ‘global economic skies’ pull stocks lower

    [ad_1] LONDON (Reuters) – Global stocks fell for a third straight day on Friday, and were set for their first weekly loss in seven, as investors worried about a broadening global economic slowdown and the lack of any sign of a resolution to the U.S.-China trade row. FILE PHOTO: Rain clouds pass over Canary Wharf…

  • Asia stocks ease on anxiety over trade, growth risks

    Asia stocks ease on anxiety over trade, growth risks

    [ad_1] TOKYO (Reuters) – Asian stocks lost ground on Friday as investors worried about a broadening global economic slowdown, with sentiment not helped by the absence of any positive signs for a resolution in the U.S.-China trade row. FILE PHOTO – An investor sits in front of displays showing stock information at a brokerage office…

  • Asia stocks fall on renewed anxiety over trade, growth risks

    Asia stocks fall on renewed anxiety over trade, growth risks

    [ad_1] TOKYO (Reuters) – Asian stocks lost ground on Friday as investors worried about a broadening global economic slowdown, with sentiment not helped by the absence of any positive signs for a resolution in the U.S.-China trade row. FILE PHOTO – An investor sits in front of displays showing stock information at a brokerage office…

  • Asia stocks slip on renewed anxiety over trade, growth outlook

    Asia stocks slip on renewed anxiety over trade, growth outlook

    [ad_1] TOKYO (Reuters) – Asian stocks slipped on Friday as investors fretted about a broadening global economic slowdown, with sentiment not helped by the absence of any positive signs for a resolution in the U.S.-China trade row. FILE PHOTO – An investor sits in front of displays showing stock information at a brokerage office in…

  • Alstom, Bombardier stocks rise after EU blocks Siemens deal

    Alstom, Bombardier stocks rise after EU blocks Siemens deal

    [ad_1] LONDON, MONTREAL (Reuters) – The European Commission’s decision to block a tie-up between Alstom and Germany’s Siemens is fueling speculation about potential merger talks between France’s Alstom and Canada’s Bombardier, lifting both companies’ shares on Wednesday. The logo of Alstom is seen on the company’s TGV high-speed train factory in Belfort, France, February 6,…

  • EA cites ‘intense competition’ in gaming, video game stocks tank

    EA cites ‘intense competition’ in gaming, video game stocks tank

    [ad_1] Chesnot | Getty Images Gamers play the video game ‘Star Wars Battlefront II’ developed by DICE, Criterion Games and Motive Studios and published by Electronics Arts on Sony PlayStation game consoles PS4 Pro during the ‘Paris Games Week’ on October 31, 2017 in Paris, France. Video game stocks are getting killed Wednesday after two…

  • Small-cap stocks shrug off debt concerns, for the moment

    Small-cap stocks shrug off debt concerns, for the moment

    [ad_1] NEW YORK (Reuters) – Small-cap stocks were among the biggest losers during the stock market’s rout late last year as investors worried about high leverage, but they have outperformed in 2019’s rebounding market, with shares of debt-laden companies leading the charge. FILE PHOTO: Traders work on the floor of the New York Stock Exchange…

  • Asian stocks extend gains on firm Wall Street; dollar steady

    Asian stocks extend gains on firm Wall Street; dollar steady

    [ad_1] TOKYO (Reuters) – Asian stocks extended gains on Tuesday as overnight strength on Wall Street and the Federal Reserve’s cautious turn underpinned appetite for riskier assets, while the dollar held firm on last week’s upbeat U.S. data. FILE PHOTO – Visitors look at an electronic stock quotation board at the Tokyo Stock Exchange (TSE)…

  • Asian stocks extend gains on firm Wall Street, Fed outlook

    Asian stocks extend gains on firm Wall Street, Fed outlook

    [ad_1] TOKYO (Reuters) – Asian stocks extended gains on Tuesday as overnight strength on Wall Street and the Federal Reserve’s cautious turn underpinned appetite for riskier assets, while the dollar held firm on last week’s upbeat U.S. data. FILE PHOTO – Visitors look at an electronic stock quotation board at the Tokyo Stock Exchange (TSE)…

  • When picking stocks, consider CEOs who learned from the best

    When picking stocks, consider CEOs who learned from the best

    [ad_1] There’s a leadership rule in the sporting world that translates well when it comes to the stock market, and investors can use it to find winning stocks, CNBC’s Jim Cramer said Monday. “The coaching tree is a pretty simple concept: if you hire top assistant coaches who’ve learned firsthand from the most successful leaders…

  • Stocks making the biggest moves after hours: Alphabet, Gilead and more

    Stocks making the biggest moves after hours: Alphabet, Gilead and more

    [ad_1] Check out the companies making headlines after the bell: Shares of Alphabet dropped more than 3 percent in extended trading on Monday despite beating on its top and bottom lines. The Google-parent company’s earnings per share were $12.77, well above estimates of $10.82. The company earned $39.28 billion in revenue, beating the $38.93 billion…

  • One way to play momentum stocks without making a big bet on Alphabet

    One way to play momentum stocks without making a big bet on Alphabet

    [ad_1] Alphabet is about to report earnings after the bell. And given it’s in a whopping 184 ETFs, including the largest holding in the communications sector ETF (XLC) with a 24 percent weighting, whichever way it moves will have a major impact on the market. However, despite clawing back from December lows, the Google parent…

  • Asia stocks quiet, dollar firm after upbeat U.S. job data

    Asia stocks quiet, dollar firm after upbeat U.S. job data

    [ad_1] TOKYO (Reuters) – Asia stocks hovered near four-month highs on Monday after a mixed performance on Wall Street at the close of last week, while the dollar firmed against the yen following strong U.S. job and manufacturing data. FILE PHOTO: A digital board displays stock information at a brokerage office in Beijing, China, December…

  • Asia stocks quiet, dollar supported after upbeat U.S. jobs data

    Asia stocks quiet, dollar supported after upbeat U.S. jobs data

    [ad_1] TOKYO (Reuters) – Asia stocks were barely moved on Monday, staying near a four-month high after Wall Street’s tepid pre-weekend performance, while the dollar was supported against the yen following strong U.S. jobs and manufacturing data. FILE PHOTO: A digital board displays stock information at a brokerage office in Beijing, China, December 7, 2018.…

  • Stocks rally on U.S. economic data, bond yields rise

    Stocks rally on U.S. economic data, bond yields rise

    [ad_1] NEW YORK (Reuters) – Global equity markets and bond yields rose on Friday after U.S. employment and manufacturing data underscored a strong economy with little wage inflation, a Goldilocks mix that could allow the Federal Reserve to stand pat on raising interest rates soon. Traders work on the floor of the New York Stock…

  • This contrarian factor suggests stocks could hit all-time highs

    This contrarian factor suggests stocks could hit all-time highs

    [ad_1] It’s shaping up to be a milestone month for stocks. The S&P 500 is on track to see its best January performance in 30 years, and long-time bull Jim Paulsen believes there’s no reason to second-guess the rally. He points to a contrarian indicator: pessimism — a factor that’s still playing a major role…

  • Asia stocks scale four-month peak as Fed turns more cautious; dollar sags

    Asia stocks scale four-month peak as Fed turns more cautious; dollar sags

    [ad_1] TOKYO (Reuters) – Asia stocks rose to a four-month high on Thursday after the Federal Reserve pledged to be patient with further interest rate hikes, signaling a potential end to its tightening cycle amid signs of slowing global growth. FILE PHOTO: Pedestrians are reflected on an electronic board showing stock prices outside a brokerage…

  • AMD, semiconductor stocks may be bouncing, but they still face trouble ahead

    AMD, semiconductor stocks may be bouncing, but they still face trouble ahead

    [ad_1] Intel‘s interim CEO, Robert Swan, told CNBC last week that a number of global concerns are leading his company to reduce its 2019 outlook. “Some geopolitical dynamics … are going to weigh on ultimate consumers and enterprise desires to buy, and that’s whether it’s U.S.-China trade, whether it’s the U.S. government shutdown, whether it’s…

  • Asia stocks hit four-month high as Fed turns more cautious; dollar sags

    Asia stocks hit four-month high as Fed turns more cautious; dollar sags

    [ad_1] TOKYO (Reuters) – Asia stocks rose to a four-month high on Thursday, tracking Wall Street, after the Federal Reserve pledged to be patient with further interest rate hikes, signaling a potential end to its tightening cycle amid signs of slowing global growth. FILE PHOTO: Pedestrians are reflected on an electronic board showing stock prices…

  • Market bull Rich Bernstein curbs enthusiasm for stocks

    Market bull Rich Bernstein curbs enthusiasm for stocks

    [ad_1] Institutional Investor hall of famer Richard Bernstein is adopting a more nuanced bull stance on stocks. Bernstein isn’t as optimistic as he was last year — citing the deceleration of corporate America’s profits. “The most important thing in 2019 is U.S. profits growth is going to slow,” the Richard Bernstein Advisors CEO said Monday…

  • Gold hits eight-month high, stocks mixed amid trade caution, results

    Gold hits eight-month high, stocks mixed amid trade caution, results

    [ad_1] NEW YORK (Reuters) – Gold hit an eight-month high while world stock markets were mixed ahead of further U.S.-Sino trade talks, a raft of technology company results starting with Apple later on Tuesday and an impending Federal Reserve decision on interest rates. FILE PHOTO: An employee stores newly cast ingots of 99.99 percent pure…

  • Stocks could be in for a sharper decline as Apple, big tech firms report

    Stocks could be in for a sharper decline as Apple, big tech firms report

    [ad_1] The stock market could be in for a period of rocky trading to lower levels, as investors work through earnings season and wait for developments on trade, analysts said. Stocks were slammed Monday in a selloff that accelerated on negative earnings news from global cyclical Caterpillar and chipmaker Nvidia. Both companies pointed to weakness…

  • These stocks can be the next blowups on China slowdown after Caterpillar and Nvidia

    These stocks can be the next blowups on China slowdown after Caterpillar and Nvidia

    [ad_1] Vincent Isore/IP3 | Getty Images SHANGHAI, CHINA – FEBRUARY 23: The Chinese flag floats before the skyscrapers of multinational corporations on February 23, 2018 in Shanghai, China. Another two major U.S. companies blamed China for weaker earnings — construction machinery giant Caterpillar and chipmaker Nvidia — and their shares both plunged on Monday because…

  • Chip stocks fall after Nvidia revises down its guidance

    Chip stocks fall after Nvidia revises down its guidance

    [ad_1] Chip stocks took a tumble Monday morning after Nvidia lowered its guidance for its fourth quarter 2018. The company revised its quarterly revenue guidance from $2.70 billion to $2.20 billion due in part to “deteriorating macroeconomic conditions, particularly in China,” it said in a statement. Nvidia fell 17 percent during early trading. Other chip…

  • Asian stocks advance after U.S. government reopens for now

    Asian stocks advance after U.S. government reopens for now

    [ad_1] TOKYO (Reuters) – Asian stocks advanced on Monday as Wall Street rallied after a deal was announced to reopen the U.S. government following a prolonged shutdown that had taken a toll on investor sentiment. FILE PHOTO: A man is reflected on an electronic board showing a graph analyzing recent change of Nikkei stock index…

  • Stocks rise after U.S. government reopens for now

    Stocks rise after U.S. government reopens for now

    [ad_1] TOKYO (Reuters) – Asian stocks advanced on Monday as Wall Street rallied after a deal was announced to reopen the U.S. government following a prolonged shutdown that had shaken investor sentiment. A man is reflected on an electronic board showing a graph analyzing recent change of Nikkei stock index outside a brokerage in Tokyo,…

  • Stocks, yields rise after deal announced to end U.S. government shutdown

    Stocks, yields rise after deal announced to end U.S. government shutdown

    [ad_1] NEW YORK (Reuters) – Wall Street indexes rose and bond yields followed stocks higher on Friday after U.S. President Donald Trump announced an agreement to end the longest ever U.S. government shutdown and as investors reacted to corporate earnings reports. FILE PHOTO – A journalist takes a picture of the new 50 Euro banknote…

  • Stocks, bond yields up; deal to end shutdown announced

    Stocks, bond yields up; deal to end shutdown announced

    [ad_1] NEW YORK (Reuters) – Wall Street indexes rallied and bond yields followed stocks higher on Friday as investors reacted to corporate earnings reports and U.S. President Donald Trump announced an agreement to end the longest ever U.S. government shutdown. FILE PHOTO – A journalist takes a picture of the new 50 Euro banknote with…

  • Stocks up on hopes of U.S. shutdown end, yields follow

    Stocks up on hopes of U.S. shutdown end, yields follow

    [ad_1] NEW YORK (Reuters) – Wall Street indexes rallied and bond yields followed stocks higher on Friday on hopes U.S. lawmakers would reach an agreement to end the longest government shutdown in history. FILE PHOTO – A journalist takes a picture of the new 50 Euro banknote with a mobile phone during the presentation of…

  • Global stocks gain on earnings, euro rebounds after dovish ECB

    Global stocks gain on earnings, euro rebounds after dovish ECB

    [ad_1] LONDON (Reuters) – Global stocks rose on Friday, as strong earnings helped to underpin investor sentiment in the face of growing signs that the global economy is slowing and a still unresolved trade dispute between the United States and China. The German share price index DAX graph is pictured at the stock exchange in…

  • Earnings lift stocks, euro recovers from dovish ECB comments

    Earnings lift stocks, euro recovers from dovish ECB comments

    [ad_1] LONDON (Reuters) – World stock markets inched higher on Friday as strong earnings helped to underpin investor sentiment in the face of growing signs that the global economy is slowing and a still unresolved trade dispute between the United States and China. FILE PHOTO – Pedestrians walk past an electronic board showing the graphs…

  • Stocks higher despite US-China trade fears

    Stocks higher despite US-China trade fears

    [ad_1] The pan-European Stoxx 600 index rose more than 0.4 percent, with trade-sensitive sectors like autos and basic resources being among the top gainers. A big focus for investors this week has been the unresolved trade battle between Washington and Beijing. The two countries have been trying to find agreement over a 90-day tariffs truce,…

  • Asia stocks at seven-week top after U.S. techs rise

    Asia stocks at seven-week top after U.S. techs rise

    [ad_1] TOKYO (Reuters) – Asian stocks rallied to a seven-week high on Friday, buoyed by gains in U.S. technology firms as pockets of strength in corporate earnings eased some of the anxiety over a slowing global economy. FILE PHOTO – Pedestrians walk past an electronic board showing the graphs of the recent fluctuations of the…

  • Asia stocks firm, euro sags after dovish ECB

    Asia stocks firm, euro sags after dovish ECB

    [ad_1] TOKYO (Reuters) – Asian stocks rose across the board on Friday, buoyed by gains in U.S. technology shares while investors awaited several key events next week including U.S.-China trade talks. FILE PHOTO – Pedestrians walk past an electronic board showing the graphs of the recent fluctuations of the Japanese yen’s exchange rate against the…

  • Asia stocks gain, euro struggles after dovish ECB

    Asia stocks gain, euro struggles after dovish ECB

    [ad_1] TOKYO (Reuters) – Asian stocks inched higher on Friday, buoyed by gains in U.S. technology shares, but gains were capped by worries over slowing growth in Europe and caution ahead of several key events next week including U.S.-China trade talks. FILE PHOTO – Pedestrians walk past an electronic board showing the graphs of the…

  • Stocks making the biggest moves after hours: Intel, Starbucks and more

    Stocks making the biggest moves after hours: Intel, Starbucks and more

    [ad_1] Check out the companies making headlines after the bell Thursday: Shares of Intel dropped 7 percent following mixed earnings and weak first-quarter guidance. The semiconductor-maker reported $18.66 billion in revenue, compared to the $19.01 billion estimated by analysts. Earnings per share were $1.28, slightly higher than the $1.22 estimated on the Street. The company…

  • Stocks meander, bonds up after ECB, U.S.-China trade talk

    Stocks meander, bonds up after ECB, U.S.-China trade talk

    [ad_1] NEW YORK (Reuters) – Stocks flitted between positive and negative territory on Thursday while U.S. Treasuries were in demand after the European Central Bank chief said economic growth was likely to be weaker than previously expected and the United States was cautious on prospects for a trade deal with China. FILE PHOTO – A…

  • Goldman Sachs worried about these stocks into their earnings reports

    Goldman Sachs worried about these stocks into their earnings reports

    [ad_1] Goldman Sachs has spotted what it thinks are the most worrisome stocks this earnings season. Based on movements in the options market, software company Symantec, pharmaceutical company Mallinckrodt and LED light maker Cree are among the names that traders are most bearish on ahead of earnings, according to the bank’s analyst Katherine Fogertey. “We…

  • Texas Instruments, Xilinx earnings boost chip stocks

    Texas Instruments, Xilinx earnings boost chip stocks

    [ad_1] Jason Janik | Bloomberg | Getty Images Robert Neely prepares to load a silicon wafer machine in a clean room at the Texas Instruments semiconductor fabrication plant in Dallas, Texas, U.S., on Tuesday, June 16, 2009. Texas Instruments Inc., the second-largest U.S. semiconductor maker, reported sales and profit that beat analysts’ estimates on stronger…

  • Stocks weak, bonds up after ECB, U.S.-China trade talk

    Stocks weak, bonds up after ECB, U.S.-China trade talk

    [ad_1] NEW YORK (Reuters) – A global stock index clung to gains on Thursday and U.S. Treasuries were in demand after the European Central Bank chief said economic growth was likely to be weaker than previously expected and the United States was cautious on prospects for a trade deal with China. FILE PHOTO – A…

  • Stocks vulnerable to a 3 to 5 percent pullback: Raymond James’ Jeff Saut

    Stocks vulnerable to a 3 to 5 percent pullback: Raymond James’ Jeff Saut

    [ad_1] Wall Street bull Jeffrey Saut sees near-term trouble materializing into a solid buying opportunity. According to the Raymond James chief investment strategist, there’s a high probability an unnerving pullback could drag stocks down as soon as this week. “We’re a little overextended in the short-term,” Saut said Wednesday on CNBC’s “Trading Nation.” “Some of…

  • Fair value for stocks is 50% lower

    Fair value for stocks is 50% lower

    [ad_1] Morgan Creek Capital’s Mark Yusko is sticking by his October call that stocks must drop nearly 50 percent to reach fair value. On CNBC Wednesday, the firm’s founder and chief investment officer doubled down on his Oct. 11, 2018 prediction that equity prices could lose half of their value. He likened the current market…

  • Stocks seesaw, dollar off; global, U.S. worries weigh

    Stocks seesaw, dollar off; global, U.S. worries weigh

    [ad_1] NEW YORK (Reuters) – Stocks oscillated between positive and negative territory on Wednesday as worries over U.S. politics, global economic growth and trade tensions offset a boost from quarterly earnings reports. People walk past the London Stock Exchange Group offices in the City of London, Britain, December 29, 2017. REUTERS/Toby Melville The U.S. dollar…

  • Stocks reverse losses, U.S. dollar climbs in fragile rebound

    Stocks reverse losses, U.S. dollar climbs in fragile rebound

    [ad_1] LONDON (Reuters) – Global markets recovered from earlier losses on Wednesday as investors made a cautious return to riskier assets, with the dollar rising and U.S. futures higher though worries about corporate and economic growth lingered. People walk past the London Stock Exchange Group offices in the City of London, Britain, December 29, 2017.…

  • Asian stocks pause amid worries over growth and trade

    Asian stocks pause amid worries over growth and trade

    [ad_1] TOKYO (Reuters) – Asian stocks took a breather on Wednesday, with mounting signs of slowing global growth and concerns over a yet-unresolved Sino-U.S. trade dispute putting the brakes on investor appetite for risk assets. FILE PHOTO: A man looks at a stock quotation board outside a brokerage in Tokyo, Japan, April 18, 2016. REUTERS/Toru…

  • DC gridlock is bullish for stocks, $3.5B money manager says

    DC gridlock is bullish for stocks, $3.5B money manager says

    [ad_1] Sometimes, no movement is good movement. In the case of the government shutdown, money manager Larry Glazer believes it’s favorable for Wall Street — at least in the short term. His reasoning: It prevents lawmakers from passing policies that could be detrimental to corporate America. “Investors like less Washington, and they realize Washington isn’t…

  • Defense, tech stocks are big winners of Trump’s first 2 years

    Defense, tech stocks are big winners of Trump’s first 2 years

    [ad_1] Alex Flynn | Bloomberg | Getty Images A Boeing Co. T-X trainer aircraft is seen at the Boeing Defense, Space & Security facility in St. Louis, Missouri, U.S., on Monday, July 24, 2018. It’s been two years since Donald Trump was inaugurated as president of the United States. In that time, defense and tech…

  • Asia stocks calm as China slows, awaits Brexit news

    Asia stocks calm as China slows, awaits Brexit news

    [ad_1] SYDNEY (Reuters) – Asian markets kept their nerve on Monday as data showed the Chinese economy slowed at the end of last year, underlining the urgent need for more stimulus as Beijing wrestles with the United States over trade. FILE PHOTO – An investor watches a board showing stock information at a brokerage office…

  • Stocks rally on trade hopes, dollar has first weekly gain of 2019

    Stocks rally on trade hopes, dollar has first weekly gain of 2019

    [ad_1] NEW YORK (Reuters) – World stock indexes jumped on Friday, with Wall Street posting a fourth straight week of gains, and the dollar had its first positive week since mid-December as optimism increased that an end is in sight to the U.S.-China trade conflict. FILE PHOTO: Traders work on the floor of the New…

  • Stocks are gliding higher in a bullish way after December’s trouncing

    Stocks are gliding higher in a bullish way after December’s trouncing

    [ad_1] Keon said the market is not signaling a recession although in the heat of December’s downdraft, many strategists said the market was reflecting that fear. “It’s way too early to say this is the beginning of a recession. the data has been mixed. Industrial production was good,” he said. However, consumer sentiment plummeted from…

  • Asia stocks advance on U.S.-China trade relief

    Asia stocks advance on U.S.-China trade relief

    [ad_1] TOKYO (Reuters) – Asian stocks advanced on Friday as a report of progress in U.S.-China trade talks stirred hopes of a deal in their tariff dispute and supported risk sentiment. FILE PHOTO: A man is reflected on an electronic board showing a graph analyzing recent change of Nikkei stock index outside a brokerage in…

  • Stocks should surge to new highs this year: Market bull Bill Stone

    Stocks should surge to new highs this year: Market bull Bill Stone

    [ad_1] Bill Stone never wavered from his bullish case during the market meltdown. And now, the Avalon Advisors chief investment officer is calling for a banner year for stocks. “There’s no doubt stocks are cheap relative to bond side of the equation,” he said Wednesday on CNBC’s “Trading Nation.” “You could have a good market.”…

  • Asia stocks gain on hopes for eased U.S.-China tension

    Asia stocks gain on hopes for eased U.S.-China tension

    [ad_1] TOKYO (Reuters) – Asian stocks gained early on Friday, as hopes for a thaw in the U.S.-China trade conflict fed investor appetites for risk assets. FILE PHOTO: A man is reflected on an electronic board showing a graph analyzing recent change of Nikkei stock index outside a brokerage in Tokyo, Japan, January 7, 2019.…

  • U.S. stocks edge up on defense, healthcare gains; pound firms

    U.S. stocks edge up on defense, healthcare gains; pound firms

    [ad_1] NEW YORK (Reuters) – Gains in defense shares as well as healthcare helped to keep U.S. stocks in positive territory on Thursday, while an end to the latest chapter in Britain’s exit from the European Union, Prime Minister Theresa May’s defeat of a confidence vote, lifted sterling. Traders work on the floor of the…

  • Cramer calls Bank of America the ‘Amazon’ of financial stocks

    Cramer calls Bank of America the ‘Amazon’ of financial stocks

    [ad_1] Bank of America posted the strongest earnings numbers of the big banks so far, CNBC’s Jim Cramer contended Wednesday, while comparing BofA to e-commerce giant Amazon. “Bank of America is a growth stock after this,” Cramer said on “Squawk Box” after the bank reported better-than-expected profit and revenue for the fourth quarter. “You know…

  • Stocks making the biggest moves after hours: Alcoa, CSX and more

    Stocks making the biggest moves after hours: Alcoa, CSX and more

    [ad_1] Check out the companies making headlines after the bell: Shares of CSX dropped about 2 percent after hours on Wednesday. The rail transportation company reported an earnings beat on the top and bottom line. CSX earned $1.01 per share this quarter, beating Wall Street’s estimates slightly. The company’s quarterly revenue was $3.14 billion. CSX…

  • Sterling up after May wins confidence vote; stocks climb

    Sterling up after May wins confidence vote; stocks climb

    [ad_1] NEW YORK (Reuters) – Major world stock indexes rose on Wednesday, with the S&P 500 supported by sharply higher U.S. bank shares after strong earnings, while the pound was up after British Prime Minister Theresa May’s government won a confidence vote in parliament. FILE PHOTO: A trader works on the floor at the New…

  • Top analysts’ 5 favorite growth stocks set to rally in 2019

    Top analysts’ 5 favorite growth stocks set to rally in 2019

    [ad_1] Five-star JP Morgan analyst Doug Anmuth (Track Record & Ratings) picks e-commerce giant Amazon as one of his best ideas for 2019. He calls the valuation ‘compelling’ and predicts a revenue re-acceleration in Q1 2019. That’s with Amazon Web Services and advertising driving 80 basis points of operating margin expansion to 6 percent this…

  • Oil gains with Wall Street, but rising U.S. fuel stocks weigh

    Oil gains with Wall Street, but rising U.S. fuel stocks weigh

    [ad_1] NEW YORK (Reuters) – Oil prices edged higher on Wednesday, buoyed by a U.S. equity market rally and a supply cut agreement by OPEC+, but gains were limited by data showing growing U.S. refined product inventories and record crude production. FILE PHOTO: Pump Jacks are seen at sunrise near Bakersfield, California October 14, 2014.…

  • Information Technology stocks have performed best during Q4 earnings seasons

    Information Technology stocks have performed best during Q4 earnings seasons

    [ad_1] Earnings reporting season for Q4 2018 results is off and running this week. The major financial institutions are first out of the gate. Over the past decade, the composite S&P Financials Sector has been the worst-performing of the major market sectors, straight through from the beginning to the end of fourth quarter earnings season.…

  • World stocks hold nerve after May’s Brexit defeat, pound steady

    World stocks hold nerve after May’s Brexit defeat, pound steady

    [ad_1] LONDON (Reuters) – World equity markets on Wednesday held their nerve after the heavy parliamentary defeat of British Prime Minister Theresa May’s Brexit deal as investors saw potential for legislative deadlock forcing London to delay its departure from the EU. A share trader starts his trading systems at the start of the trading session…

  • European stocks, banks gain after Brexit deal defeat while U.K. shares lag

    European stocks, banks gain after Brexit deal defeat while U.K. shares lag

    [ad_1] British shares lagged Europe slightly on Wednesday after Prime Minister Theresa May’s resounding defeat in a parliamentary vote on her Brexit deal, but in the face of continuing political uncertainty investors focused on results and M&A news. A defeat had largely been priced in already, though its magnitude came as a surprise. Analysts and…

  • Stocks rise on China hopes; sterling rebounds as Brexit vote fails

    Stocks rise on China hopes; sterling rebounds as Brexit vote fails

    [ad_1] NEW YORK (Reuters) – Major world stock markets climbed on Tuesday on hopes of more stimulus for China’s economy, while sterling rebounded from the day’s lows after British lawmakers defeated Prime Minister Theresa May’s deal on withdrawing from the European Union. Sterling rallied more than a cent to stand above $1.28 after the vote.…

  • Stocks climb on hopes for China stimulus; euro slips after data

    Stocks climb on hopes for China stimulus; euro slips after data

    [ad_1] NEW YORK (Reuters) – Major world stock markets climbed on Tuesday, helped by hopes of more stimulus for China’s economy, while the euro declined against the U.S. dollar following weak German economic data. FILE PHOTO: A trader looks at price monitors as he works on the floor at the New York Stock Exchange (NYSE)…

  • China hopes boost stocks, pound near two-month top before Brexit vote

    China hopes boost stocks, pound near two-month top before Brexit vote

    [ad_1] LONDON (Reuters) – Chinese stimulus hopes lifted world stocks on Tuesday, while Britain’s pound huddled near a two-month high as the UK’s parliament readied for a “meaningful” vote on Prime Minister Theresa May’s unpopular Brexit plans. FILE PHOTO: The London Stock Exchange Group offices are seen in the City of London, Britain, December 29,…

  • Weak China trade weighs on stocks; risk-off trade in play

    Weak China trade weighs on stocks; risk-off trade in play

    [ad_1] NEW YORK (Reuters) – World stock indexes fell on Monday after a surprise contraction in Chinese trade reignited fears of a sharper slowdown in global growth and caused investors to sell riskier assets. Oil prices fell more than 2 percent and the safe-haven yen rose against the dollar following the China news, which added…

  • China trade shock hits global stocks, commodities

    China trade shock hits global stocks, commodities

    [ad_1] LONDON (Reuters) – Global stock markets and commodities took a hit on Monday after a shock contraction in Chinese trade pointed to deepening cracks in the world’s second-largest economy and sparked fears of a sharper slowdown in global growth. FILE PHOTO: The London Stock Exchange Group offices are seen in the City of London,…

  • U.S. stocks pause after five-day rally; dollar rebounds

    U.S. stocks pause after five-day rally; dollar rebounds

    [ad_1] NEW YORK (Reuters) – Wall Street ended little changed on Friday, taking a breather following a five-day winning streak, while the dollar rebounded against most currencies from earlier losses tied to expectations the U.S. central bank is in no hurry to raise interest rates. Earlier weakness in stocks and data showing a decline in…

  • Beaten-down value stocks on verge of comeback: Wells Fargo

    Beaten-down value stocks on verge of comeback: Wells Fargo

    [ad_1] Wells Fargo’s Christopher Harvey is turning positive on beaten-down value stocks. He expects them to be the big winners in the second half of 2019. Harvey calls it a “pretty big departure” from his former stance — acknowledging he didn’t miss many opportunities to dismiss the group as a profitable play over the past…

  • Small steps from stocks after rally, giant leap for yuan

    Small steps from stocks after rally, giant leap for yuan

    [ad_1] LONDON (Reuters) – Soothing words from the world’s top central banks helped stocks consolidate a strong start to 2019 on Friday, while China’s yuan capped its best week since it shed its dollar peg in 2005. A China yuan note is seen in this illustration photo May 31, 2017. REUTERS/Thomas White/Illustration Stock markets were…

  • Asia stocks reach five-week high, yuan makes big weekly gains

    Asia stocks reach five-week high, yuan makes big weekly gains

    [ad_1] TOKYO (Reuters) – Asian stocks inched up to five-week highs on Friday, after Chairman Jerome Powell reiterated the Federal Reserve will be patient about raising interest rates and news that trade talks between Washington and Beijing are moving to higher levels. FILE PHOTO: Attendees take pictures of a stock quotation board after a ceremony…

  • New year stocks rally stalls as trade talks and data disappoint

    New year stocks rally stalls as trade talks and data disappoint

    [ad_1] LONDON (Reuters) – The early-year rally in world stocks ran out of steam in Europe on Thursday and the dollar touched a near-three-month low, as mixed signals from U.S.-China trade talks and caution at the Federal Reserve applied the brakes. FILE PHOTO: The London Stock Exchange Group offices are seen in the City of…

  • Asia shares recover as China stocks rise after weak data

    Asia shares recover as China stocks rise after weak data

    [ad_1] TOKYO (Reuters) – Asian shares edged up on Thursday as stimulus expectations and a rise in the yuan helped Chinese equities erase early losses, while markets awaited more news on U.S.-China trade talks amid hopes that an all-out trade war can be averted. FILE PHOTO: A woman points to an electronic board showing stock…

  • Stocks boosted by U.S.-China trade hope, oil prices soar

    Stocks boosted by U.S.-China trade hope, oil prices soar

    [ad_1] NEW YORK (Reuters) – Stocks around the world extended recent gains and oil prices jumped on Wednesday on optimism the United States and China may be inching toward a trade deal, soothing fears of an all-out trade war and its possible impact on global growth. FILE PHOTO: Traders work on the floor of the…

  • Why the bounce in semiconductor stocks could continue

    Why the bounce in semiconductor stocks could continue

    [ad_1] Semiconductor stocks suffered their worst quarter in about a decade in the 3-month period from October to December. However, since late December the ETF that tracks the sector’s biggest names, the SMH, has been on a tear. It’s up over 8 percent in the last 2 weeks. Since 2013, two weeks after similar moves,…

  • There’s a new wave of tech stocks taking the markets by storm

    There’s a new wave of tech stocks taking the markets by storm

    [ad_1] It could be in with the new and out with the old when it comes to technology this year. While many large-cap tech names have started the year off strong, there’s a wave of smaller, more new-age tech stocks that have seen a huge rally. Companies like Twilio, Etsy, Square, Roku and Dropbox have…

  • Global stocks sustain rally as US-China trade talks wrap up

    Global stocks sustain rally as US-China trade talks wrap up

    [ad_1] Stocks around the world built on their early 2019 rally Wednesday after negotiators from the U.S. and China extended their trade talks to a third day, which investors took as a sign the discussions were productive even though no major breakthroughs have been announced. Oil prices also continued to climb and stocks linked to…

  • Rising yields to hit stocks, maybe a bitcoin bounce

    Rising yields to hit stocks, maybe a bitcoin bounce

    [ad_1] Gundlach said 2019 will continue to be a volatile year. He said he expects higher yields will hurt stocks in a “tug of war.” The stock market will be in a push-pull with rates expectations going forward. Gundlach highlighted the difference between the Federal Reserve’s tightening agenda reflected in its dot plot and the…

  • Wall Street stocks climb on trade hopes

    Wall Street stocks climb on trade hopes

    [ad_1] A trader works on the floor of the New York Stock Exchange (NYSE) in New York, U.S., January 8, 2019. REUTERS/Brendan McDermid NEW YORK (Reuters) – The S&P 500 climbed to a three-week high on Tuesday, led by Apple, Amazon, Facebook and a rally in industrials on bets that the United States and China…

  • Tuesday’s rally shows bad news is already reflected in stocks

    Tuesday’s rally shows bad news is already reflected in stocks

    [ad_1] The market action on Tuesday is telling us that an awful lot of bad news has been priced into the market. And it just keeps coming. Stocks are up in Europe and the U.S….on bad news. The big worry now is earnings. Overnight, Samsung said fourth quarter operating profit would decline 29 percent, to…

  • Stocks stay strong as Europe shrugs off Samsung warning

    Stocks stay strong as Europe shrugs off Samsung warning

    [ad_1] LONDON (Reuters) – A solid start from Europe kept world stocks at a three-week high on Tuesday after Asia was knocked back by a shock profit warning from tech giant Samsung and a tick-up in borrowing costs. FILE PHOTO: The London Stock Exchange Group offices are seen in the City of London, Britain, December…

  • Oil bounces higher, buoying loonie and stocks

    Oil bounces higher, buoying loonie and stocks

    [ad_1] After a sharp downturn in December, oil prices have recovered, with the benchmark North American contract nearing the key $50 US a barrel threshold. The West Texas Intermediate contract rose $1.68 on Monday morning to trade at $49.64 a barrel. The stronger international prices helped buoy the Canadian contract, with Western Canada Select up…

  • Central banks, U.S. employers support world stocks

    Central banks, U.S. employers support world stocks

    [ad_1] LONDON (Reuters) – Strong employment data in the United States, decisive action from the Chinese central bank and dovish messages from U.S. Federal Reserve chief Jerome Powell steadied markets on Monday, pushing an index of world stocks to a 2-1/2 week high. FILE PHOTO: The London Stock Exchange Group offices are seen in the…

  • Boeing, AMD stocks will rise 50% by 2022, tech investor predicts

    Boeing, AMD stocks will rise 50% by 2022, tech investor predicts

    [ad_1] Expect shares of Boeing and Advanced Micro Devices to rise 50 percent within the next three years, tech investor Paul Meeks told CNBC on Friday. Acknowledging that Boeing is not a “tech play,” the lead portfolio manager at the Wireless Fund said the company has a “very interesting services business” that is a “big…

  • Stocks seen higher; US and China to hold trade talks

    Stocks seen higher; US and China to hold trade talks

    [ad_1] The pan-European Stoxx 600 index rallied almost 1 percent, with all sectors and major bourses in positive territory. Markets in the continent got a slight lift after China’s commerce ministry said the U.S. and Chinese would hold vice-ministerial level negotiations over trade in Beijing on Jan. 7-8. The two countries are trying to reach…

  • Apple warning shakes European shares as iPhone suppliers, luxury stocks tumble

    Apple warning shakes European shares as iPhone suppliers, luxury stocks tumble

    [ad_1] LONDON (Reuters) – Apple’s first sales warning in nearly 12 years sent European shares sliding on Thursday, with the tech sector particularly badly bruised as chipmakers that supply the iPhone maker fell sharply. The German share price index DAX graph is pictured at the stock exchange in Frankfurt, Germany, January 2, 2019. REUTERS/Staff The…

  • Apple’s iPhone sales warning crushing European chip stocks AMS Dialog

    Apple’s iPhone sales warning crushing European chip stocks AMS Dialog

    [ad_1] European chip stocks tumbled on Thursday after Apple cut its first-quarter revenue guidance citing weaker-than-expected iPhone sales and slowing economic growth in China. Austrian chipmaker AMS nosedived 19 percent while Swiss firm STMicroelectronics dropped around 7 percent. Both companies are semiconductor suppliers for Apple devices. Shares of Anglo-German chip supplier Dialog Semiconductors plunged 7…

  • Stocks seen lower after Apple revenue guidance

    Stocks seen lower after Apple revenue guidance

    [ad_1] Britain’s FTSE 100 was seen down 18 points at 6,706, Germany’s DAX off by 46 points at 10,530, and France’s CAC 19 points lower at 4,662, according to IG index data. The biggest story for investors on Thursday was Apple Chief Executive Tim Cook’s letter to investors, in which he lowered the tech giant’s…

  • Stocks making the biggest moves after hours: Apple, Netflix and more

    Stocks making the biggest moves after hours: Apple, Netflix and more

    [ad_1] Greg Baker | AFP | Getty Images Customers look at products in an Apple store in Beijing on December 11, 2018. Check out the companies making headlines after the bell: Apple shares fell 7 percent as the company lowered its first-quarter-revenue forecast on Wednesday. The company said it now expects $84 billion in revenue…

  • EU news: European stocks PLUMMET on first day of trading year | World | News

    EU news: European stocks PLUMMET on first day of trading year | World | News

    [ad_1] European stocks are lower on the first day of the trading year and have made a “negative start” to 2019, reports CNBC. France have been labelled as one of Europe’s “weak points”, with the yellow vest movement impacting data from December. CNBC’s Julianna Tatelbum explained: “It’s been a negative start to 2019 here in…

  • Stocks usually bounce back after an annual loss

    Stocks usually bounce back after an annual loss

    [ad_1] 2018 was terrible for stocks, but years like that are usually followed by a strong bounce the next year, stock market technical analysts are pointing out. The S&P 500 fell 6.2 percent in 2018 to notch its biggest one-year decline since the financial crisis. In 2008, the broad market index plunged 38 percent. Last…

  • Bank, energy stocks lift Wall Street higher in choppy session

    Bank, energy stocks lift Wall Street higher in choppy session

    [ad_1] (Reuters) – Wall Street edged higher in a choppy session on Wednesday, as gains in energy and bank stocks helped offset a drop in the healthcare sector and worries about a global economic slowdown. A trader looks at price monitors as he works on the floor at the New York Stock Exchange (NYSE) in…

  • Wharton’s Jeremy Siegel says stocks will return up to 15%

    Wharton’s Jeremy Siegel says stocks will return up to 15%

    [ad_1] Despite the market’s stumble into the new year, Wharton’s Jeremy Siegel is predicting solid gains for stocks by the end of 2019. The Wharton School finance professor is predicting an uptick of between 5 and 15 percent and “quite a good year” for equity markets. “We went from a rosy view to now, ‘Oh…

  • Europe in CRISIS: European stocks in the RED as factory activity weakens | City & Business | Finance

    Europe in CRISIS: European stocks in the RED as factory activity weakens | City & Business | Finance

    [ad_1] Eurozone manufacturing activity was revealed to have barely expanded at the end of 2018, providing disappointing reading for European Central Bank policymakers. Manufacturing PMI fell from 51.8 to 51.4 in November, in line with the flash estimate. Earlier PMI surveys showed Italy remained in contraction territory and was joined by France, where data showed…

  • Stocks sag while bonds, yen rally to open new year

    Stocks sag while bonds, yen rally to open new year

    [ad_1] NEW YORK (Reuters) – Stocks around the world treaded water to ring in the new year while safe-haven assets including bonds, gold and the Japanese yen rallied on Wednesday as Chinese and European economic data bolstered concerns of a slowdown in global growth. In the United States, the benchmark S&P 500 stock index dropped…

  • After brutal 2018, world stocks nurse a New Year’s hangover

    After brutal 2018, world stocks nurse a New Year’s hangover

    [ad_1] LONDON (Reuters) – World shares started 2019 on a downbeat note, oil prices and bond yields skidded lower and the Japanese yen strengthened on Wednesday as data from China to France confirmed investors’ fears of a global economic slowdown. FILE PHOTO – The trading floor of Frankfurt’s stock exchange is pictured after the last…

  • European stocks set to drop as losses continue into 2019

    European stocks set to drop as losses continue into 2019

    [ad_1] Britain’s FTSE 100 was seen off by 4 points at 6,689, Germany’s DAX down 83 points at 10,513 and the French CAC 20 points lower at 4,674, according to IG index data. The first trading day of the New Year was beset by data showing Chinese factory activity contracted in December for the first…

  • Global stocks nurse New Year hangover as China data disappoint

    Global stocks nurse New Year hangover as China data disappoint

    [ad_1] SYDNEY (Reuters) – Asian shares turned tail on the first trading day of the new year as more disappointing economic data from China darkened the mood and upended U.S. stock futures. FILE PHOTO: A man walks past an electronic board showing Nikkei share average outside a brokerage in Tokyo, Japan December 27, 2018. REUTERS/Kim…

  • FAANG stocks 2018 performance

    FAANG stocks 2018 performance

    [ad_1] Getty Images Reed Hastings attends Reed Hastings panel during Netflix ‘See What’s Next’ event at Villa Miani on April 18, 2018 in Rome, Italy. At the start of 2018, the so-called FAANG stocks — Facebook, Amazon, Apple, Netflix and Google-parent Alphabet — were top picks. Four of the five tech stocks had gained roughly…

  • Trade optimism lifts stocks, but 2018 ends in red

    Trade optimism lifts stocks, but 2018 ends in red

    [ad_1] NEW YORK (Reuters) – Equities around the world rose on Monday as possible progress in resolving the trade dispute between the United States and China engendered some investor optimism in what has been a punishing end of year for markets. Traders work on the floor of the New York Stock Exchange (NYSE) in New…

  • Trade optimism lifts stocks, though 2018 set to end with losses

    Trade optimism lifts stocks, though 2018 set to end with losses

    [ad_1] NEW YORK (Reuters) – Equities around the world rose on Monday, with Wall Street edging up in choppy trading as hints of progress in the trade dispute between the United States and China provided a rare glimmer of optimism in what has been a punishing end of year for markets. FILE PHOTO: Traders work…

  • Stocks pin hopes on U.S.-China trade talks after brutal year

    Stocks pin hopes on U.S.-China trade talks after brutal year

    [ad_1] LONDON (Reuters) – World share and commodity prices rose on Monday as hints of progress on the Sino-U.S. trade standoff provided a rare glimmer of optimism in what has been a punishing end of year for markets globally. FILE PHOTO: The London Stock Exchange Group offices are seen in the City of London, Britain,…

  • Stocks pin hopes on Sino-U.S. talk, as year ends deep in the red

    Stocks pin hopes on Sino-U.S. talk, as year ends deep in the red

    [ad_1] SYDNEY (Reuters) – Asian stocks rose on Monday as hints of progress on the Sino-U.S. trade standoff provided a rare glimmer of optimism in what has been a rough year-end for equities globally. FILE PHOTO: Men look at stock quotation boards outside a brokerage in Tokyo, Japan, December 5, 2018. REUTERS/Issei Kato/File Photo Survey…

  • Asian stocks pin hopes on Sino-U.S. talk, as year ends deep in the red

    Asian stocks pin hopes on Sino-U.S. talk, as year ends deep in the red

    [ad_1] SYDNEY (Reuters) – Asian stocks crept higher on Monday as hints of progress on the Sino-U.S. trade standoff provided a rare glimmer of optimism in what has been a rough year-end for equities globally. FILE PHOTO: Men look at stock quotation boards outside a brokerage in Tokyo, Japan, December 5, 2018. REUTERS/Issei Kato/File Photo…

  • Asia stocks cheer Sino-U.S. trade talk, still see red for the year

    Asia stocks cheer Sino-U.S. trade talk, still see red for the year

    [ad_1] SYDNEY (Reuters) – Asian stocks crept higher on Monday as hints of progress on the Sino-U.S. trade standoff provided a rare glint of optimism in what has been a disappointing year for equities in the region. FILE PHOTO: Men look at stock quotation boards outside a brokerage in Tokyo, Japan, December 5, 2018. REUTERS/Issei…

  • Defensive stocks top 2019 playbooks

    Defensive stocks top 2019 playbooks

    [ad_1] NEW YORK (Reuters) – Perceived safe havens like utilities and consumer staples, often an afterthought in Wall Street’s cascade of year-ahead investment recommendations each December, are emerging as top picks as stocks limp into 2019. Growth-oriented sectors like tech or communications services have typically dominated year-end roundups of investment ideas. But an uncertain economic…

  • Wall Street rally pauses, but stocks mint weekly gain

    Wall Street rally pauses, but stocks mint weekly gain

    [ad_1] (Reuters) – The S&P 500 ended marginally lower in a choppy session on Friday, but major indexes posted weekly gains for the first time in December following a wild few days of trading that saw equities rebound from a prolonged slide. Major indexes moved in and out of positive territory during the day, action…

  • Stocks wrap up 2 weeks of ‘disturbing’ moves

    Stocks wrap up 2 weeks of ‘disturbing’ moves

    [ad_1] Source: FactSet Wall Street’s wild ride began on Dec. 17, with the S&P 500, Dow and Nasdaq all dropping more than 2 percent. Fears of a slowing economy and worries over the course and speed of Federal Reserve monetary policy pressured stocks that day. On Dec. 19, Fed fears came to a head after…

  • U.S. retirees try to keep cool as stocks tumble

    U.S. retirees try to keep cool as stocks tumble

    [ad_1] BOSTON (Reuters) – Nancy Farrington, a retiree who turns 75 next month, admits to being in a constant state of anxiety over the biggest December stock market rout since Herbert Hoover was president. Traders work on the floor of the New York Stock Exchange (NYSE) in New York, U.S., December 28, 2018. REUTERS/Jeenah Moon…

  • World stocks at one-week highs as Wall Street extends rebound

    World stocks at one-week highs as Wall Street extends rebound

    [ad_1] LONDON (Reuters) – World stocks rose to one-week highs on Friday and looked set to snap a three-week losing streak after a late-session bounce overnight on Wall Street filtered into Asian and European markets. Safe-haven assets were also in demand amid broader doubts about the market stability that in turn eroded the dollar’s appeal.…

  • Global stocks cautiously follow Wall Street’s surge

    Global stocks cautiously follow Wall Street’s surge

    [ad_1] LONDON (Reuters) – Stocks in Europe and Asia rose cautiously on Friday after Wall Street ended a volatile session with big gains, but fears of further price swings and worries about U.S. politics kept safe-haven currencies such as the yen and Swiss franc in demand. FILE PHOTO: Pedestrians are reflected on an electronic board…

  • Asia stocks advance after Wall Street’s recovery continues

    Asia stocks advance after Wall Street’s recovery continues

    [ad_1] TOKYO (Reuters) – Asia stocks advanced on Friday after Wall Street ended volatile trade in positive territory, adding to the previous session’s big gains, although lingering investor jitters helped support safe-haven currencies such as the yen. FILE PHOTO: Pedestrians are reflected on an electronic board showing stock prices outside a brokerage in Tokyo, Japan…

  • Asia stocks lifted as Wall Street extends comeback

    Asia stocks lifted as Wall Street extends comeback

    [ad_1] TOKYO (Reuters) – Asia stocks gained on Friday after Wall Street ended volatile trade in the green, adding to the big advances of the previous session, although lingering investor jitters helped support safe-haven currencies such as the yen. FILE PHOTO: Pedestrians are reflected on an electronic board showing stock prices outside a brokerage in…

  • The volatility in stocks right now is ‘abnormal,’ says manager of $200 billion pension fund

    The volatility in stocks right now is ‘abnormal,’ says manager of $200 billion pension fund

    [ad_1] Christopher Goodney | Bloomberg | Getty Images Christopher Ailman, chief investment officer of the California State Teachers Retirement System Investors should be careful as the recent spike in market volatility is far from normal, according to the manager of the California State Teachers’ Retirement System, which has more than $200 billion in assets. “The…

  • Asia stocks edge up as Wall St. extends comeback rally

    Asia stocks edge up as Wall St. extends comeback rally

    [ad_1] TOKYO (Reuters) – Asia stocks inched higher on Friday after Wall Street ended volatile trade in the green, adding to the massive gains of the previous session although lingering investor jitters helped support safe-haven currencies such as the yen. Pedestrians are reflected on an electronic board showing stock prices outside a brokerage in Tokyo,…

  • Second dramatic day for global stocks ends on high note

    Second dramatic day for global stocks ends on high note

    [ad_1] NEW YORK (Reuters) – A wild Christmas week ride in global markets continued on Thursday as stocks rallied from significant losses to post gains for the day. For the second consecutive session, early weakness in markets turned to strength by the time U.S. stocks closed as investors shuffled their portfolios. “We had a very…

  • After 1-day jump, New York stocks turn down but TSX rallies

    After 1-day jump, New York stocks turn down but TSX rallies

    [ad_1] A day after Wednesday’s dramatic rise, New York stock markets have reversed course, sinking lower amid uncertainty over trade and U.S. growth.  On Thursday morning, the Dow industrial index was down 340 points to 22,524, after gaining 1,000 points, or five per cent, the day before. The broader S&P index fell 52 points to 2,415 and…

  • Wall Street surge lifts world stocks off 22-month low

    Wall Street surge lifts world stocks off 22-month low

    [ad_1] LONDON (Reuters) – World stocks bounced off a near two-year low on Thursday, lifted by a dramatic Wall Street surge, though a fall in Chinese industrial profits and renewed Italian banking worries offered a sobering reminder of the problems weighing on the world economy. The Dow Jones Industrial Average surged more than 1,000 points…

  • Tech stocks could help U.S. markets end higher in 2019

    Tech stocks could help U.S. markets end higher in 2019

    [ad_1] Several information technology stocks have been “unfairly” hammered by investors in the recent sell-off in the U.S., but those companies are key to lifting overall sentiment on Wall Street in 2019, according to online brokerage TD Ameritrade Asia. “I think tech is going to drive the overall sentiment higher,” Christopher Brankin, CEO of TD…

  • Most shorted stocks log record gain as Wall Street surges

    Most shorted stocks log record gain as Wall Street surges

    [ad_1] NEW YORK (Reuters) – One notable factor in Wall Street’s monster rally on Wednesday was a record gain in an index of stocks that have the largest bets placed against them by market contrarians. A trader works at his post on the floor of the New York Stock Exchange (NYSE) in New York, U.S.,December…

  • Stocks and oil rebound after pre-holiday thumping

    Stocks and oil rebound after pre-holiday thumping

    [ad_1] (Reuters) – Stocks and oil prices rebounded on Wednesday as the Trump administration attempted to shore up confidence and markets welcomed a report on strong U.S. holiday spending. MSCI’s gauge of stocks across the globe gained 0.22 percent, while Brent crude futures were last at $52.42, up 3.86 percent. Benchmarks for both oil and…

  • Asian stocks retreat as U.S. political tumult adds to growth worry

    Asian stocks retreat as U.S. political tumult adds to growth worry

    [ad_1] TOKYO (Reuters) – Asian stock markets retreated again on Wednesday, extending a rout that began last week as U.S. political uncertainty exacerbated worries over slowing global economic growth. FILE PHOTO: Men look at stock quotation boards outside a brokerage in Tokyo, Japan, December 5, 2018. REUTERS/Issei Kato Investors were unnerved by the U.S. federal…

  • Stocks under a cloud as U.S. political tumult adds to growth anxiety

    Stocks under a cloud as U.S. political tumult adds to growth anxiety

    [ad_1] TOKYO (Reuters) – Global stock markets headed into the year-end under a heavy cloud after another rout this week as U.S. political uncertainty added to heightened concerns over slowing global economic growth. FILE PHOTO: Men look at stock quotation boards outside a brokerage in Tokyo, Japan, December 5, 2018. REUTERS/Issei Kato Asian equities were…

  • Global stocks under a cloud as U.S. political uncertainty adds to growth fears

    Global stocks under a cloud as U.S. political uncertainty adds to growth fears

    [ad_1] TOKYO (Reuters) – Global stock markets were heading into the year-end under a heavy cloud after another rout this week as U.S. political uncertainty added to heightened concerns over slowing global economic momentum. FILE PHOTO: Men look at stock quotation boards outside a brokerage in Tokyo, Japan, December 5, 2018. REUTERS/Issei Kato Asian equities…

  • Stocks may try to bounce but are heading for worst December ever

    Stocks may try to bounce but are heading for worst December ever

    [ad_1] Stocks could look to bounce later in the week, after the worst Christmas Eve performance ever, but some strategists expect only a half-hearted rally attempt with more losses to come. The S&P 500 lost 2.7 percent Monday, to 2,351 in a half-day session, and is now officially in a bear market — or down…

  • Stocks lower after Wall Street rout

    Stocks lower after Wall Street rout

    [ad_1] The pan-European Stoxx 600 sank 0.4 percent during morning trade, with almost all sectors and major bourses in the red. Looking at individual stocks, Germany’s Delivery Hero was the top performer. The online food delivery firm recently sold its German unit to Dutch rival Takeaway.com for $1.1 billion. Its shares rose 10 percent on…

  • Facebook is the ‘biggest concern’ among the FAANG stocks, analyst says

    Facebook is the ‘biggest concern’ among the FAANG stocks, analyst says

    [ad_1] One industry analyst has sounded the alarm on Facebook, calling the company the “biggest concern” among the so-called FAANG stocks. “The digital economy operates on trust, and they’ve broken trust on so many levels,” Ray Wang, principal analyst and founder at Silicon Valley-based Constellation Research, told CNBC’s “Squawk Box” on Monday. The FAANG stocks…

  • Trump has lost his once golden touch with stocks

    Trump has lost his once golden touch with stocks

    [ad_1] To be sure, the Dow Jones Industrial Average is still up 23 percent since Trump’s election, but that may not matter if it drops into a bear market on his watch. Through midday Friday, it was just 4 percentage points short of that mark. Peter Boockvar, chief investment strategist at Bleakley Advisory Group, said…

  • As FAANG stocks falter, fund managers make bets on survivors

    As FAANG stocks falter, fund managers make bets on survivors

    [ad_1] NEW YORK (Reuters) – A bear market in the so-called FAANG stocks – Wall Street’s most popular trade going into the year – is pushing fund managers into searching for the next big growth companies that can lead the overall market higher. Facebook, Amazon, Netflix and Google logos are seen in this combination photo…

  • Global growth worries, U.S. government shutdown threat hit stocks

    Global growth worries, U.S. government shutdown threat hit stocks

    [ad_1] LONDON (Reuters) – World stocks extended a steep sell-off on Friday as the threat of a U.S. government shutdown and further hikes in U.S. borrowing costs compounded investor anxieties over the trajectory of global economic growth. A man walks past in front of a stock quotation board showing the price of the SoftBank Corp.…

  • Stocks reel as funds seek safe harbors

    Stocks reel as funds seek safe harbors

    [ad_1] SYDNEY (Reuters) – Global stocks extended a steep sell-off on Friday as the threat of a U.S. government shutdown and of further hikes in U.S. borrowing costs sent dismayed investors scurrying for safer assets. A man walks past in front of a stock quotation board showing the price of the SoftBank Corp. and Nikkei…

  • Asia stocks underwater as funds seek safe harbors

    Asia stocks underwater as funds seek safe harbors

    [ad_1] SYDNEY (Reuters) – Global stocks were sinking in a sea of red on Friday as the threat of a U.S. government shutdown and of further hikes in U.S. borrowing costs sent dismayed investors sailing for safer harbors. A man walks past in front of a stock quotation board showing the price of the SoftBank…

  • Asian stocks slide, investors rush to yen and bonds

    Asian stocks slide, investors rush to yen and bonds

    [ad_1] SYDNEY (Reuters) – Global stocks were sailing into Christmas on a sea of red on Friday, as the threat of a U.S. government shutdown and of further hikes in U.S. borrowing costs inflamed investor unease over the economic outlook. A man walks past in front of a stock quotation board showing the price of…

  • Chinese stocks are set for a rocky start to 2019

    Chinese stocks are set for a rocky start to 2019

    [ad_1] However, a trade deal between the world’s two largest economies is far from certain, especially after Chinese President Xi Jinping took a relatively defiant tone toward international demands in his key address to the nation this week. Investors are also on edge about potential interest rate hikes by the U.S. Federal Reserve next year,…

  • Stocks making the biggest moves after hours: Nike, CalAmp and more

    Stocks making the biggest moves after hours: Nike, CalAmp and more

    [ad_1] Check out the companies making headlines after the bell: Nike shares rose more than 7 percent during after hours trading after it exceeded analyst expectations in its quarterly results. The company reported $9.37 billion in revenue, beating the expected $9.18 billion. It also earned 52 cents per share, beating predictions of 46 cents per…

  • World stocks suffer as Fed heightens recession fears

    World stocks suffer as Fed heightens recession fears

    [ad_1] LONDON (Reuters) – World equity markets slipped on Thursday after the U.S. Federal Reserve dashed investor hopes of a more dovish policy outlook, worsening worries of a recession as signs grow that global economic growth is stuttering. Jitters over the Fed’s move to largely keep guidance for additional hikes over the next two years…

  • Stocks slump as Fed’s outlook on rates disappoints

    Stocks slump as Fed’s outlook on rates disappoints

    [ad_1] TOKYO (Reuters) – Asian shares slid on Thursday after the U.S. Federal Reserve raised rates, as expected, and kept most of its guidance for additional hikes over the next two years, dashing investor hopes for a more dovish policy outlook. A woman stands in front of a screen displaying Japan’s Nikkei share average, U.S.…

  • Stocks tumble as Fed’s outlook on rates disappoints

    Stocks tumble as Fed’s outlook on rates disappoints

    [ad_1] TOKYO (Reuters) – Asian shares slid on Thursday after the U.S. Federal Reserve raised rates, as expected, and kept most of its guidance for additional hikes next two years, dashing investor hopes for a more dovish policy outlook. A woman stands in front of a screen displaying Japan’s Nikkei share average, U.S. and other…

  • Stocks slide as Fed’s 2019 rates guidance disappoints

    Stocks slide as Fed’s 2019 rates guidance disappoints

    [ad_1] TOKYO (Reuters) – Asian shares retreated on Thursday after the U.S. Federal Reserve raised rates, as expected, and kept most of its guidance for additional hikes next year, dashing investor hopes for a more dovish policy outlook. A woman stands in front of a screen displaying Japan’s Nikkei share average, U.S. and other countries’…

  • U.S. stocks tumble on Fed tightening plans

    U.S. stocks tumble on Fed tightening plans

    [ad_1] A trader works on the floor of the New York Stock Exchange (NYSE) in New York, U.S., December 19, 2018. REUTERS/Brendan McDermid (Reuters) – U.S. stocks declined sharply on Wednesday after the Federal Reserve’s forecast of fewer interest-rate increases in 2019 fell short of investors’ hopes of a more dovish monetary policy. The Dow…

  • World stocks and oil try to scrabble higher after plunge

    World stocks and oil try to scrabble higher after plunge

    [ad_1] LONDON (Reuters) – Global equity and crude oil markets attempted on Wednesday to claw their way out of a three-day long plunge that saw investors seek out the safety of bonds amid mounting pessimism over world growth. FILE PHOTO: Men look at stock quotation boards outside a brokerage in Tokyo, Japan, December 5, 2018.…

  • Stocks making the biggest moves after hours: FedEx, Micron and more

    Stocks making the biggest moves after hours: FedEx, Micron and more

    [ad_1] Check out the companies making headlines after the bell: FedEx shares dropped nearly 6 percent during after hours trading Tuesday as the company lowered its full year 2019 earnings guidance but beat expectations this quarter. It lowered its full year earnings guidance to a range of $15.50 to $16.60 per share, down from $17.20…

  • Trump administration moves to ban bump stocks

    Trump administration moves to ban bump stocks

    [ad_1] The Trump administration moved Tuesday to officially ban bump stocks, which allow semi-automatic weapons to fire rapidly like automatic firearms, and has made them illegal to possess in the U.S. beginning in late March. The devices will be banned under a federal law that prohibits machine-guns, according to a senior Justice Department official. Bump stocks…

  • Paul Meeks says the bottom isn’t in for tech stocks

    Paul Meeks says the bottom isn’t in for tech stocks

    [ad_1] Investor Paul Meeks is avoiding the sector that made him famous on Wall Street. Meeks, who’s known for running the world’s biggest tech fund for Merrill Lynch during the dot-com boom and subsequent collapse, sees more trouble ahead for the tech-dominated Nasdaq. He predicts it could be several weeks before it bottoms. “It’s too…

  • Asia stocks slide as global growth worries deepen

    Asia stocks slide as global growth worries deepen

    [ad_1] TOKYO (Reuters) – Asian share markets slumped on Tuesday as heightened concerns about a slowing global economy sent Wall Street stocks skidding to their lowest levels in more than a year. FILE PHOTO: A man looks at an electronic stock quotation board outside a brokerage in Tokyo, Japan, November 13, 2018. REUTERS/Toru Hanai MSCI’s…

  • World stocks slide as global growth worries deepen

    World stocks slide as global growth worries deepen

    [ad_1] TOKYO (Reuters) – Asian share markets stumbled on Tuesday as heightened concerns about a slowing global economy sent Wall Street stocks skidding to their lowest levels in more than a year. FILE PHOTO: A man looks at an electronic stock quotation board outside a brokerage in Tokyo, Japan, November 13, 2018. REUTERS/Toru Hanai MSCI’s…

  • Stocks making the biggest moves after hours: Qualcomm, Oracle and more

    Stocks making the biggest moves after hours: Qualcomm, Oracle and more

    [ad_1] David Paul Morris | Bloomberg | Getty Images Mark Hurd, CEO of Oracle Corp.  Check out the companies making headlines after the bell: Oracle shares rose as much as 3.6 percent during after hours trading Monday as the company beat expectations on both earnings and revenue. The computer technology company earned 80 cents per…

  • Stocks steady as investors pin hopes on policy makers

    Stocks steady as investors pin hopes on policy makers

    [ad_1] MILAN (Reuters) – Markets started cautiously as the concern over global growth that sent world stocks to 17-month lows was only partly tempered by expectations of encouraging messages from the United States and China. An investor sits in front of a board showing stock information at a brokerage office in Beijing, China, December 7,…

  • Hong Kong stocks stuck between a ‘rock and a hard place’ for 2019

    Hong Kong stocks stuck between a ‘rock and a hard place’ for 2019

    [ad_1] Hong Kong stocks are closing out a rough year and the outlook for 2019 remains largely negative, according to analysts and investors. Headwinds from a weakening economy in China, the Beijing-Washington trade war, concerns about signs of emerging U.S. weakness and an expected slowdown in local initial public offerings after a banner 2018 are…

  • Recession fears are overblown, stocks will hit new highs: Federated

    Recession fears are overblown, stocks will hit new highs: Federated

    [ad_1] However, relief may be in sight. Chiavarone suggested next week’s Federal Reserve’s policy meeting could help calm the Street and act as a catalyst for a year-end rally — particularly if Chairman Jerome Powell confirms he’s moderating his stance on tightening interest rates. “We need to get a little bit of clarity on that.…

  • Global growth worry hits stocks, but U.S. data lifts dollar

    Global growth worry hits stocks, but U.S. data lifts dollar

    [ad_1] NEW YORK (Reuters) – A gauge of global stocks tumbled on Friday after weak economic data from China and Europe intensified global growth worries as investors weighed the broader impact of the trade dispute between the United States and China. Euro zone business ended the year on a weak note, expanding at the slowest…

  • Adobe and Costco are broken stocks, not broken companies

    Adobe and Costco are broken stocks, not broken companies

    [ad_1] Pessimism among investors shouldn’t deter people from carefully buying shares of high-quality companies that have endured massive declines, CNBC’s Jim Cramer said Friday after a widespread sell-off in the stock market. On Thursday, survey results from the American Association of Individual Investors showed that pessimism among retail investors was at its worst in some…

  • Stocks broke key level and could aim for the year’s low

    Stocks broke key level and could aim for the year’s low

    [ad_1] Spencer Platt | Getty Images Traders work on the floor of the New York Stock Exchange (NYSE) on November 28, 2018 in New York City.  The S&P 500 could be getting ready to test a new range around the lows of the year that it reached in February — a level that is as…

  • Stocks could struggle after record outflows, history shows

    Stocks could struggle after record outflows, history shows

    [ad_1] Investors just pulled money out of stocks at a record pace and, if history is any indication, equities could struggle before recovering. Data compiled by the Lipper team at Refinitiv showed investors pulled $46.2 billion from U.S. equity mutual funds and exchange-traded funds between Dec. 5 and Dec. 12. This is the biggest one-week…

  • These stocks represent good value, but they aren’t buys

    These stocks represent good value, but they aren’t buys

    [ad_1] Adam Jeffery | CNBC Jerome Powell, Chairman of the Federal Reserve, speaking at the New York Economic Club on Nov. 181128. The economy is showing signs of weakness that should make the Federal Reserve think twice about raising interest rates after December’s widely anticipated hike, Cramer warned on Thursday. “There’s enough conflicting evidence that…

  • Stocks making the biggest moves after hours: Costco, Starbucks and more

    Stocks making the biggest moves after hours: Costco, Starbucks and more

    [ad_1] Daniel Acker | Bloomberg | Getty Images A woman shops at a Costco Wholesale Corp. store in East Peoria, Illinois. Check out the companies making headlines after the bell: Costco shares fell 3 percent after the market close after reporting disappointing quarterly earnings and revenue. The company reported $34.31 billion in revenue, falling short…

  • Global stocks lose steam as nerves persist, euro dips after ECB

    Global stocks lose steam as nerves persist, euro dips after ECB

    [ad_1] NEW YORK (Reuters) – A gauge of world equities was little changed after giving up early gains on Thursday, continuing a pattern seen for the past several sessions, while the euro eased after the European Central Bank formally ended its bond purchasing scheme. Traders work on the floor of the New York Stock Exchange…

  • Stocks cheered by Trump trade talk; sterling plagued by politics

    Stocks cheered by Trump trade talk; sterling plagued by politics

    [ad_1] SYDNEY (Reuters) – Asian stock markets rallied on Wednesday as U.S. President Donald trump sounded upbeat about a trade deal with China, while sterling struggled with the risk of an imminent party coup against British Prime Minister Theresa May. Men look at stock quotation boards outside a brokerage in Tokyo, Japan, December 5, 2018.…

  • Stocks run with Sino-U.S. trade hopes; sterling hamstrung by politics

    Stocks run with Sino-U.S. trade hopes; sterling hamstrung by politics

    [ad_1] SYDNEY (Reuters) – Asian stock markets rallied on Wednesday as U.S. President Donald trump sounded upbeat about a trade deal with China, while sterling struggled with the risk of an imminent party coup against British Prime Minister Theresa May. Men look at stock quotation boards outside a brokerage in Tokyo, Japan, December 5, 2018.…

  • Global stocks lose steam after Trump shutdown threat, oil climbs

    Global stocks lose steam after Trump shutdown threat, oil climbs

    [ad_1] NEW YORK (Reuters) – A gauge of global stock markets rose in volatile trade on Tuesday following threats by U.S. President Donald Trump to shut down the government over a funding fight, though stocks in Europe advanced on signs of a thaw in the U.S.-China trade battle. Traders work on the floor of the…

  • Tech stocks buoy Wall Street as China-U.S. trade talk progress

    Tech stocks buoy Wall Street as China-U.S. trade talk progress

    [ad_1] (Reuters) – U.S. stocks rose for the second straight day on Tuesday, led by technology companies on signs that China and the United States were moving toward resolving their bitter trade dispute that has roiled global equities markets for months. FILE PHOTO: Traders work on the floor of the New York Stock Exchange (NYSE)…

  • Stocks walloped by Brexit, falling oil prices

    Stocks walloped by Brexit, falling oil prices

    [ad_1] Canada’s main stock index fell on Monday after crude oil prices fell 3.4 per cent in New York, pressuring shares of energy companies. The West Texas Intermediate crude contract closed down $1.79 at $50.82 US, wiping out gains made last week because of a deal between OPEC and Russia to cut production. The Western…

  • ‘Trade wars are bad for tech stocks’

    ‘Trade wars are bad for tech stocks’

    [ad_1] Citi slashed its Apple price target to $200 a share on Monday, saying “trade wars are bad for tech stocks.” The stock fell into the red for 2018 on Friday and is down 25 percent this quarter. “While we do not expect Apple to miss its sales guidance we do expect consensus to come…

  • Bank stocks are weaker than the market: Why?

    Bank stocks are weaker than the market: Why?

    [ad_1] The Federal Reserve is putting more stress on gathering raw material. It has dramatically slowed the growth in money supply by shrinking its balance sheet. If this were the oil industry, the fact that there was less oil available and it cost more would be a crisis. It is no less a crisis if…

  • Global stocks extend slump as global growth worries mount

    Global stocks extend slump as global growth worries mount

    [ad_1] TOKYO (Reuters) – Global stocks extended their slump on Monday, with U.S. equity futures and Asian shares sliding on worries over slowing growth and fears that a fresh flare-up in tensions between Washington and Beijing could quash chances of a trade deal. FILE PHOTO: Men look at stock quotation boards outside a brokerage in…

  • Stocks extend decline as trade woes batter sentiment

    Stocks extend decline as trade woes batter sentiment

    [ad_1] FILE PHOTO: Men look at stock quotation boards outside a brokerage in Tokyo, Japan, December 5, 2018. REUTERS/Issei Kato TOKYO (Reuters) – Stocks extended their slump in early Asian trade on Monday, with U.S. equity futures off to a softer start for the week as worries over U.S.-China trade tensions battered investor sentiment. S&P…

  • Stocks could be set up for another violent week of selling

    Stocks could be set up for another violent week of selling

    [ad_1] There is some important data in the week ahead that the bond market will be focused on, including CPI inflation data Wednesday and November retail sales on Friday. “I think we’re in a holding pattern, waiting to see if we get oversold on the S&P and look for some sort of oversold bounce, and…

  • Stocks making the biggest moves premarket: Facebook, Alphabet Twitter 

    Stocks making the biggest moves premarket: Facebook, Alphabet Twitter 

    [ad_1] Check out the companies making headlines before the bell: Facebook – Stifel Nicolaus cut its rating on the stock to “hold” from “buy,” saying that Facebook’s management team has created too many adversaries to avoid a long term negative impact on its business. Alphabet, Twitter – Guggenheim initiated coverage on both stocks with “buy”…

  • U.S. stocks plunge following Huawei arrest

    U.S. stocks plunge following Huawei arrest

    [ad_1] Stocks are plunging again as the arrest of a senior Chinese technology executive threatened to worsen trade tensions between Beijing and Washington. A steep drop in Boeing, which would suffer in an extended trade battle, helped drag the Dow Jones Industrial Average down more than 600 points Thursday morning, rebounding slightly in the early…

  • Global stocks slump on China executive arrest, oil spills into OPEC

    Global stocks slump on China executive arrest, oil spills into OPEC

    [ad_1] LONDON (Reuters) – Global stock markets slumped for a third day running on Thursday as the arrest of a top executive of Chinese tech giant Huawei in Canada for extradition to the United States fed fears of fresh tensions between the two economic superpowers. The arrest of Huawei’s chief financial officer, Meng Wanzhouof, who…

  • Huawei CFO arrest sends global chip stocks plunging

    Huawei CFO arrest sends global chip stocks plunging

    [ad_1] Global chip stocks tumbled on Thursday as the arrest of a top executive at Chinese tech giant Huawei renewed fears of an escalation in U.S.-China trade tensions. Shares of Austrian chipmaker AMS plunged around 7 percent. Switzerland-based STMicroelectronics dropped 4 percent, while the U.K.- headquartered Dialog Semiconductor slumped around 3 percent. The moves in…

  • Stocks battered by Wall Street, fears of U.S. slowdown

    Stocks battered by Wall Street, fears of U.S. slowdown

    [ad_1] NEW YORK (Reuters) – Global stocks fell on Wednesday, plagued by a flattening yield curve that sparked concerns about a economic slowdown in the United States and weakening expectations of a lasting U.S.-China trade truce, while the dollar steadied. U.S. markets were closed to mark former President George H.W. Bush’s death, but the effect…

  • World stocks sideswiped by Wall Street, U.S. yield curve double whammy

    World stocks sideswiped by Wall Street, U.S. yield curve double whammy

    [ad_1] LONDON (Reuters) – Global stocks tumbled to one-week lows on Wednesday, as declines by long-dated U.S. bond yields and a renewal of trade concerns stoked fears of a downturn in the United States, the world’s largest economy. The German share price index DAX graph is pictured at the stock exchange in Frankfurt, Germany, November…

  • Stocks fall as declining U.S. yields, trade woes knock sentiment

    Stocks fall as declining U.S. yields, trade woes knock sentiment

    [ad_1] TOKYO (Reuters) – Asian stocks fell on Wednesday, dragged by Wall Street’s tumble as sharp declines in long-term U.S. Treasury yields and resurgent trade concerns stoked investor worries about global economic growth. FILE PHOTO – Shipping containers are being loaded onto Xin Da Yang Zhou ship from Shanghai, China at Pier J at the…

  • Stocks making the biggest moves after hours: Hewlett Packard Enterprise, Marvell Technology and more

    Stocks making the biggest moves after hours: Hewlett Packard Enterprise, Marvell Technology and more

    [ad_1] Michael Nagle | Bloomberg | Getty Images Pedestrians walk past Hewlett Packard Enterprise signage displayed outside of the New York Stock Exchange. Check out the companies making headlines after the bell: Hewlett Packard Enterprise shares rose as much as 1 percent after its fourth-quarter earnings report beat analysts’ estimates. The company reported earnings of…

  • FAANG stocks shed $140 billion in Tuesday’s market rout

    FAANG stocks shed $140 billion in Tuesday’s market rout

    [ad_1] Tech stocks are back in correction territory after a painful day for public exchanges. The tech-heavy Nasdaq Composite index fell nearly 4 percent, with tech stocks like Apple, Amazon, Alphabet and Facebook weighing most heavily. In total, the so-called FAANG stocks — Facebook, Amazon, Apple, Netflix and Alphabet-owned Google — shed more than $140…

  • Bank stocks fall the most in more than a year, enter bear market

    Bank stocks fall the most in more than a year, enter bear market

    [ad_1] Andrew Harrer | Bloomberg | Getty Images A pedestrian walks past a PNC Bank branch in Washington, D.C. Regional banks dipped into bear market territory Tuesday as long-term interest rates sank amid concerns of waning economic activity and falling inflation expectations. Shares of SunTrust, Citizens Financial Group, Fifth Third Bancorp and Regions Financial all…

  • World stocks soar, dollar dips, yuan up on China-U.S. trade war ceasefire

    World stocks soar, dollar dips, yuan up on China-U.S. trade war ceasefire

    [ad_1] NEW YORK (Reuters) – A truce in the U.S.-China trade war boosted global stocks to their highest in roughly three weeks on Monday, while sending the dollar lower and the Chinese yuan and several trade-dependent currencies higher. The rally in equities follows an agreement between Washington and Beijing at the G20 summit in Argentina…

  • Trump tweets China to cut tax on U.S.-made cars, revs up auto stocks

    Trump tweets China to cut tax on U.S.-made cars, revs up auto stocks

    [ad_1] WASHINGTON/SHANGHAI (Reuters) – U.S. President Donald Trump said China had agreed to cut import tariffs on American-made cars, buoying shares in BMW (BMWG.DE) and Daimler AG (DAIGn.DE) who manufacture in the United States for export to the world’s biggest auto market. Shares of Chinese car dealers also perked up on hopes that such a…

  • Marijuana stocks: opportunities and risks

    Marijuana stocks: opportunities and risks

    [ad_1] O cannabis! Jon Fortt sits down with Danny Danko, High Times Senior Editor and Adam Bierman of Medmen Enterprises to discuss. the legalization of marijuana in Canada and the impact it will have around the globe. [ad_2] Source link

  • Salesforce and Workday led a big rally in cloud stocks this week

    Salesforce and Workday led a big rally in cloud stocks this week

    [ad_1] Jason Lemkin, a start-up investor and founder of SaaStr, said that chief information officers are dedicating almost twice as much money as a percentage of their budget to cloud platforms as they were five years ago, benefiting this whole class of suppliers. “We’re all stunned at how big these SaaS and cloud companies are,”…

  • Stocks making the biggest moves after hours: GameStop, PVH and more

    Stocks making the biggest moves after hours: GameStop, PVH and more

    [ad_1] Patrick T. Fallon | Bloomberg | Getty Images Signage is displayed as a customer browses at a GameStop Corp. store in West Hollywood, California. Check out the companies making headlines after the bell: GameStop shares plummeted 12 percent during after-hours trading Thursday as the company came in light on its full-year earnings guidance. The…

  • U.S. stocks turn higher on Fed minutes; dollar recovers slightly

    U.S. stocks turn higher on Fed minutes; dollar recovers slightly

    [ad_1] NEW YORK (Reuters) – Wall Street turned positive on Thursday after the U.S. Federal Reserve released minutes of its latest policy meeting, while the dollar rose and Treasury yields softened after investors digested recent comments by Fed Chair Jerome Powell. World stocks were higher, but it was a mid-day recovery for U.S. stocks, which…

  • Liquidity squeeze could hit stocks hard, David Rosenberg warns

    Liquidity squeeze could hit stocks hard, David Rosenberg warns

    [ad_1] David Rosenberg says he’s worried about a serious risk that investors are largely overlooking. The Gluskin Sheff chief economist and strategist warns that the Federal Reserve’s balance sheet reduction —not rising interest rates — could have drastic implications for stocks. “This is the elephant in the room,” he said Wednesday on CNBC’s “Trading Nation.”…

  • Asia stocks advance, dollar struggles on signs of more cautious Fed

    Asia stocks advance, dollar struggles on signs of more cautious Fed

    [ad_1] TOKYO (Reuters) – Asian stocks advanced on Thursday, tracking a surge on Wall Street, after the chairman of the U.S. Federal Reserve suggested it may nearing an end to its three-year rate tightening cycle, boosting interest in riskier assets. A man walks past an electronic stock quotation board outside a brokerage in Tokyo, Japan,…

  • Tech stocks soar 3%, but Facebook lags behind

    Tech stocks soar 3%, but Facebook lags behind

    [ad_1] Facebook has struggled to come back from a series of scandals that have continued to unfurl regarding the company’s practices for protecting customer data and stopping the spread of misinformation on its platform. Just a day earlier, a Facebook official testified in front of representatives from nine parliaments about its practices where a Canadian…

  • Stocks gain, dollar sags on dovish-sounding Fed

    Stocks gain, dollar sags on dovish-sounding Fed

    [ad_1] TOKYO (Reuters) – Asian stocks rose on Thursday tracking a Wall Street rally as dovish comments from Federal Reserve Chair Jerome Powell boosted investor sentiment towards riskier assets. A man walks past an electronic stock quotation board outside a brokerage in Tokyo, Japan, November 13, 2018. REUTERS/Toru Hanai The dollar sagged against its peers…

  • Buy tech, health-care stocks going into 2019: Credit Suisse

    Buy tech, health-care stocks going into 2019: Credit Suisse

    [ad_1] The stock market is headed higher but investors should make some changes in their portfolios to accommodate shifts in the landscape, Credit Suisse chief equity strategist Jonathan Golub told CNBC on Wednesday. “You don’t want to be in cyclical stocks going into next year, because I think the economy is going to be weaker,”…

  • Bull run finale for global stocks not far off now: Reuters poll

    Bull run finale for global stocks not far off now: Reuters poll

    [ad_1] BENGALURU (Reuters) – An end to the bull run in global stocks is not far away, according to a Reuters poll which also showed a broad cut to forecasts for next year on concerns over global growth and tightening financial conditions. FILE PHOTO – A graph indicating the Dow Jones Industrial Average is shown…

  • Stocks will rally into 2019 despite ‘horrific’ sentiment: Wells Fargo

    Stocks will rally into 2019 despite ‘horrific’ sentiment: Wells Fargo

    [ad_1] Wells Fargo Securities’ Christopher Harvey believes stocks are on the cusp of a sharp turnaround. According to Harvey, conditions are ripe for a blast higher into next year. His issue: Not enough investors believe it. “We do expect double-digit returns,” the firm’s head of equity strategy said Tuesday on CNBC’s “Futures Now.” “A fair…

  • Stocks markets surge on hint of slower rate hikes

    Stocks markets surge on hint of slower rate hikes

    [ad_1] Stocks surged on Wall Street, powering a 600-point gain in the Dow Jones Industrial Average, after the head of the Federal Reserve hinted at slower interest rate increases. The market snapped higher shortly after noon Wednesday after Federal Reserve Chairman Jerome Powell suggested the central bank might consider a pause in its interest rate…

  • As FANG falters, Wall Street embraces these five tech stocks 

    As FANG falters, Wall Street embraces these five tech stocks 

    [ad_1] Salesforce calls itself the world’s No. 1 customer relationship management platform. Right now, the stock is buzzing following the release of strong earnings results that beat expectations. Business remained very solid in the third quarter, with total revenue of $3.39 billion up 26 percent year-over-year. And while guidance for the fourth quarter came in…

  • Stocks making the biggest moves after hours: Salesforce, Nutanix and more

    Stocks making the biggest moves after hours: Salesforce, Nutanix and more

    [ad_1] Check out the companies making headlines after the bell: Nutanix shares rose more than 9 percent during after-hours trading Tuesday after beating expectations on its top and bottom lines. The company posted a narrower than expected loss of 13 cents a share, vs. estimates of a 27 cent loss. It also reported $313 million…

  • Tech stocks may suffer as investors weigh the data privacy  risks

    Tech stocks may suffer as investors weigh the data privacy  risks

    [ad_1] For investors thinking of buying the dip, we suggest you consider two parallel trends in 2018. In first half of 2018, “FAANG” stocks drove 50 percent of the S&P 500 gains, while deregulation momentum in the U.S. suggested the tech regulation happening in Europe would stay in Europe. But in the last six months,…

  • Sino-U.S. trade tensions put brakes on stocks rally

    Sino-U.S. trade tensions put brakes on stocks rally

    [ad_1] LONDON (Reuters) – Stock markets fought to keep a global rebound alive on Tuesday after U.S. President Donald Trump seemed to quash hopes of a trade truce with China, clouding what had been a bright start to the week. The German share price index DAX graph is pictured at the stock exchange in Frankfurt,…

  • Stocks making the biggest moves after hours: Apple, GM and more

    Stocks making the biggest moves after hours: Apple, GM and more

    [ad_1] Check out the companies making headlines after the bell: Apple slipped about 1 percent in after-hours trading Monday. President Donald Trump suggested in an interview with The Wall Street Journal that the U.S. could levy tariffs of 10 percent on iPhones and laptops imported from China. Earlier Monday, U.S. Supreme Court justices seemed skeptical…

  • Tech stocks rally 2 percent after suffering Black Friday losses

    Tech stocks rally 2 percent after suffering Black Friday losses

    [ad_1] Tech stocks bounced back on Cyber Monday after suffering losses on Black Friday. The Nasdaq Composite Index spiked more than 2 percent by Monday’s close, compared to Friday’s dip of 0.5 percent — its worst Black Friday since 2011. On a day where shoppers scour the internet for holiday deals, Amazon spiked 5.3 percent.…

  • Stocks usually bounce from Thanksgiving to Christmas

    Stocks usually bounce from Thanksgiving to Christmas

    [ad_1] Stocks have been getting pummeled lately but they could recover some of those losses over the next month, if market history is any indication. The Dow Jones Industrial Average, S&P 500, Nasdaq 100 and Russell 2000 indexes all typically climb between Thanksgiving and Christmas Eve, according to data from Kensho. The Dow has averaged…

  • Buy Carvana, used car stocks over new car stocks: Automotive analyst

    Buy Carvana, used car stocks over new car stocks: Automotive analyst

    [ad_1] Now is the time to take advantage of stocks tied to used car sales over new vehicles as consumers opt for value buys and the industry faces a “tremendous amount of pressure,” automotive analyst Jamie Albertine told CNBC. “That’s been a key trend and we think that bleeds into 2019 in a major way,”…

  • Oil tumbles on oversupply concerns, sinking world stocks

    Oil tumbles on oversupply concerns, sinking world stocks

    [ad_1] NEW YORK (Reuters) – Oil prices plunged on Friday on concerns about oversupply, sending world stock markets lower as lagging energy shares weighed down Wall Street. Traders work on the floor at the New York Stock Exchange (NYSE) in New York, U.S., November 21, 2018. REUTERS/Brendan Mcdermid Both Brent and U.S. crude fell to…

  • U.S. asks allies to shun Huawei equipment, WSJ reports; sector stocks fall

    U.S. asks allies to shun Huawei equipment, WSJ reports; sector stocks fall

    [ad_1] (Reuters) – The U.S. government is trying to persuade wireless and internet providers in allied countries to avoid telecommunications equipment from China’s Huawei Technologies [HWT.UL], the Wall Street Journal reported on Thursday. FILE PHOTO: Journalists follow the presentation of a Huawei smartphone ahead of the IFA Electronics show in Berlin, Germany, September 2, 2015.…

  • European stocks wilt after tech reboot fails

    European stocks wilt after tech reboot fails

    [ad_1] LONDON (Reuters) – Europe’s share markets drooped back into the red on Thursday, as investor worries about slowing global growth in the face of rising U.S. interest rates and trade tensions outweighed crucial Brexit progress. The German share price index DAX graph is pictured at the stock exchange in Frankfurt, Germany, November 8, 2018.…

  • European stocks drop after tech reboot fails

    European stocks drop after tech reboot fails

    [ad_1] LONDON (Reuters) – Europe’s share markets dropped back into the red on Thursday as investor worries mounted about slowing global growth in the face of rising U.S. interest rates and trade tensions. Passersby walk past in front of an electronic stock quotation board outside a brokerage in Tokyo, Japan, September 28, 2018. REUTERS/Toru Hanai…

  • Oil dips on swelling U.S. stocks, but expected OPEC supply cut stems losses

    Oil dips on swelling U.S. stocks, but expected OPEC supply cut stems losses

    [ad_1] SINGAPORE (Reuters) – Oil prices dipped on Thursday after U.S. crude inventories increased to their highest level since December 2017 amid concerns of an emerging global glut, although an expected supply cut by producer cartel OPEC prevented further drops. A maze of crude oil pipe and equipment is seen with the American and Texas…

  • Wall Street climbs as tech, internet stocks bounce back

    Wall Street climbs as tech, internet stocks bounce back

    [ad_1] NEW YORK (Reuters) – U.S. stocks rose on Wednesday after a brutal two-day selloff, led by a rebound in beaten-down internet, technology and energy shares ahead of the Thanksgiving holiday. Santa Claus pays a visit on the floor at the New York Stock Exchange (NYSE) in New York, U.S., November 21, 2018. REUTERS/Brendan Mcdermid…

  • Stocks rise on tech strength; oil bounces back from rout

    Stocks rise on tech strength; oil bounces back from rout

    [ad_1] NEW YORK (Reuters) – World stock markets climbed on Wednesday, with earnings and gains in tech stocks lifting shares on Wall Street, and oil rebounded from a steep sell-off as U.S. government data pointed to strong demand. Traders work on the floor at the New York Stock Exchange (NYSE) in New York City, U.S.,…

  • World stocks try to find feet after tech-driven rout

    World stocks try to find feet after tech-driven rout

    [ad_1] LONDON (Reuters) – World stocks steadied on Wednesday and Wall Street was set to open firmer after the previous session saw $1 trillion wiped off the value of leading tech shares, while oil prices staged a modest rebound after slumping to one-year lows. Traders work on the floor at the New York Stock Exchange…

  • Performance of tech stocks in Asia amid continued FAANG weakness in US

    Performance of tech stocks in Asia amid continued FAANG weakness in US

    [ad_1] Technology stocks in Asia were mixed on Wednesday after their U.S. counterparts slumped stateside. Shares of Apple suppliers were also mixed, a day after the Cupertino-based tech giant saw its stock drop on the back of worries over the sales of its flagship product, the iPhone. In Taiwan, chipmaker Taiwan Semiconductor Manufacturing Company, also…

  • Asia stocks fall, oil stymied as growth worries grip global markets

    Asia stocks fall, oil stymied as growth worries grip global markets

    [ad_1] TOKYO (Reuters) – Asian stocks slid on Wednesday as intensifying concerns about global economic growth gripped financial markets, sending Wall Street shares and crude oil prices tumbling and driving the safe haven dollar up from a two-week low. FILE PHOTO: An investor sits in front of displays showing stock information at a brokerage office…

  • ‘You need to be stepping in here and buying some stocks’

    ‘You need to be stepping in here and buying some stocks’

    [ad_1] Investors are concerned about three key risks but they may be worrying for nothing, strategist Scott Wren told CNBC on Tuesday. The questions of whether there will be a policy mistake by the Federal Reserve, whether global growth is going to slow and whether there will be a margin squeeze have been weighing on…

  • Stocks will go nowhere next year as tax-cut boost will fade

    Stocks will go nowhere next year as tax-cut boost will fade

    [ad_1] Gains in the U.S. stock market will be hard to find in 2019 as one-time boosts like tax cuts and government spending will fade and the U.S.-China trade conflict continues, according to Barclays. Maneesh Deshpande, head of U.S. equity strategy at Barclays, said in a note Monday he expects the S&P 500 to end…

  • Ex-Twitter CEO Dick Costolo still loves Amazon over other FAANG stocks

    Ex-Twitter CEO Dick Costolo still loves Amazon over other FAANG stocks

    [ad_1] Dick Costolo, former CEO of Twitter, told CNBC Tuesday that Amazon is his preferred pick among slumping tech stocks. “I still love Amazon amidst the rest of what’s happening in the FAANG stocks here,” he said on “Squawk Alley.” FAANG is a group of the nation’s biggest tech companies, including Facebook, Amazon, Apple, Netflix,…

  • Two ‘FAANG’ stocks, Facebook and Alphabet, are red for the year

    Two ‘FAANG’ stocks, Facebook and Alphabet, are red for the year

    [ad_1] Christophe Morin/IP3 | Getty Images News | Getty Images Mark Zuckerberg, chief executive officer and founder of Facebook Inc. attends the Viva Tech start-up and technology gathering at Parc des Expositions Porte de Versailles on May 24, 2018 in Paris, France.  Facebook and Google parent company Alphabet are both down for the year. While…

  • Global markets sink again as tech and retail stocks drop

    Global markets sink again as tech and retail stocks drop

    [ad_1] Stocks are skidding Tuesday morning, putting the market back into the red for the year, as weak results from retailers and mounting losses for big technology companies compound the market’s losses from the day before. Energy and industrial companies are also dropping. Target plunged after reporting earnings that missed Wall Street’s estimates, while Ross…

  • Nikkei slips as Ghosn arrest shocks market, Nasdaq fall drags on tech stocks

    Nikkei slips as Ghosn arrest shocks market, Nasdaq fall drags on tech stocks

    [ad_1] TOKYO (Reuters) – Japan’s Nikkei fell on Tuesday morning as a drop in Nasdaq shares dragged down Japanese tech names, while Nissan Motor tumbled on news of Chairman Carlos Ghosn’s arrest and dismissal. FILE PHOTO: A man looks at an electronic stock quotation board showing Japan’s Nikkei average outside a brokerage in Tokyo, Japan,…

  • Cloud stocks plunged, with Salesforce suffering worst day since 2016

    Cloud stocks plunged, with Salesforce suffering worst day since 2016

    [ad_1] The market sell-off is is crushing cloud stocks. Salesforce had its worst day since February 2016, plunging 8.7 percent on Monday to $121.01, leading a swoon in shares of companies that sell subscription software. Workday fell 7.6 percent, ServiceNow dropped 8.4 percent and Atlassian fell 8.7 percent. A number of cloud stocks plummeted more…

  • Tech stocks like Facebook and Apple got crushed once again

    Tech stocks like Facebook and Apple got crushed once again

    [ad_1] Technology stocks were hit hard on Monday, with some of the biggest U.S. companies leading losses across the sector. The tech-heavy Nasdaq Composite fell 3 percent as it continued a 6-week slide. The index was led lower by Facebook, Apple, and Nvidia. Facebook’s stock hit its lowest level since February 2017 on Monday. Facebook…

  • Wall Street tumbles, as Apple, internet stocks swoon

    Wall Street tumbles, as Apple, internet stocks swoon

    [ad_1] NEW YORK (Reuters) – U.S. stocks dropped on Monday as investors dumped Apple, internet and other technology shares, further shaking confidence in a group of stocks that has propelled the long bull market. The Dow Jones Industrial Average fell 395.78 points, or 1.56 percent, to 25,017.44, the S&P 500 lost 45.56 points, or 1.67…

  • Stocks turn mixed, dollar faces rate hike uncertainty

    Stocks turn mixed, dollar faces rate hike uncertainty

    [ad_1] SYDNEY (Reuters) – Share markets turned mixed in Asia on Monday amid conflicting signals on the prospects for a truce in the Sino-U.S. trade dispute, while the Federal Reserve’s newly-found concerns over the global economy constrained the dollar. A man walks past an electronic stock quotation board outside a brokerage in Tokyo, Japan, November…

  • Stocks making the biggest moves after hours: Nvidia, Sonos and more

    Stocks making the biggest moves after hours: Nvidia, Sonos and more

    [ad_1] Tyrone Siu | Reuters Nvidia co-founder and CEO Jensen Huang attends an event during the annual Computex computer exhibition in Taipei, Taiwan May 30, 2017. Check out the companies making headlines after the bell: Nvidia shares plummeted as much as 16 percent during after-hours trading Thursday after the company missed on revenue. The chipmaker…

  • Sterling, euro stocks scuttled as Brexit deal hits the rocks

    Sterling, euro stocks scuttled as Brexit deal hits the rocks

    [ad_1] LONDON (Reuters) – Sterling tumbled and the rest of Europe’s share markets groaned on Thursday, after a long-awaited Brexit agreement was thrown into chaos as Britain’s chief negotiator for the deal quit just 12 hours after it had been unveiled. A man looks at an electronic stock quotation board outside a brokerage in Tokyo,…

  • Asia stocks lifted by China-U.S. trade hopes; oil resumes retreat

    Asia stocks lifted by China-U.S. trade hopes; oil resumes retreat

    [ad_1] TOKYO (Reuters) – Asian stocks rose on Thursday, taking heart from a bounce in Chinese shares on news that China has delivered a written response to U.S. trade demands, while oil prices resumed their retreat on fears of oversupply. A man looks at an electronic stock quotation board outside a brokerage in Tokyo, Japan,…

  • S&P 500 down for fifth day as Apple, bank stocks fall

    S&P 500 down for fifth day as Apple, bank stocks fall

    [ad_1] (Reuters) – U.S. stocks fell on Wednesday, with the S&P 500 dropping for the fifth session in a row, as Apple Inc (AAPL.O) continued to lead a retreat in technology stocks and financials were hit by fears that sector-wide regulations would no longer be eased. A trader works on the floor at the New…

  • Apple, bellwether for technology stocks, falls into a bear market

    Apple, bellwether for technology stocks, falls into a bear market

    [ad_1] The iPad maker is morphing from a business propelled by the volume of devices it ships into one that stresses luxury products and software sales. That evolution has been marked by shockwaves for much of the technology space, with several of Apple’s largest semiconductor suppliers noting marked declines in order volume. Apple shares dropped…

  • Oil finds floor, stocks ease, sterling braces for wild swings

    Oil finds floor, stocks ease, sterling braces for wild swings

    [ad_1] MILAN (Reuters) – Oil prices bounced from multi-month lows on Wednesday but stocks fell as disappointing data heightened worries over slowing global growth, while the pound wavered as Prime Minister Theresa May faced the hard task of selling her Brexit deal. The German share price index DAX graph is pictured at the stock exchange…

  • Crude oil extends steep dive, stocks fall on growth fears

    Crude oil extends steep dive, stocks fall on growth fears

    [ad_1] TOKYO (Reuters) – Oil prices extended a steep slide on Wednesday on the back of worries about weakening world demand and oversupply, while global shares sagged as energy sector strains heightened anxiety about a slow down in the global economy. A man walks past an electronic stock quotation board outside a brokerage in Tokyo,…

  • Crude oil struggles for traction after plunge, stocks sag

    Crude oil struggles for traction after plunge, stocks sag

    [ad_1] TOKYO (Reuters) – Oil prices struggled for traction on Wednesday after sinking on worries about weakening world demand and oversupply, while global shares sagged with slowing growth concerns overshadowing potential positives such as progress in the Brexit saga. A man walks past an electronic stock quotation board outside a brokerage in Tokyo, Japan, November…

  • S&P, Dow lose ground as crude plunge punishes energy stocks

    S&P, Dow lose ground as crude plunge punishes energy stocks

    [ad_1] NEW YORK (Reuters) – The Dow and S&P 500 ended slightly lower on Tuesday following losses in energy shares and Boeing, offsetting a small gain in technology stocks and renewed hopes for progress in trade talks. The Nasdaq ended the session essentially flat as a rebound in tech kept the index out of negative…

  • Stocks haven’t successfully tested the October lows yet, Bob Doll says

    Stocks haven’t successfully tested the October lows yet, Bob Doll says

    [ad_1] Long-time money manager Bob Doll is warning investors that stocks could breach October’s correction lows. Doll, Nuveen Asset Management’s chief equity strategist and senior portfolio manager, believes the Dow‘s 602 point Monday loss wasn’t a fluke. He suggests there were clues in the early November market comeback that virtually cut October’s losses in half.…

  • Stocks making the biggest moves after hours: PG&E, Eventbrite and more

    Stocks making the biggest moves after hours: PG&E, Eventbrite and more

    [ad_1] David Paul Morris | Bloomberg | Getty Images Pacific Gas & Electric Co. (PG&E) employees work to fix downed power lines burned by wildfires in this aerial photograph taken above Santa Rosa, California, U.S., on Thursday, Oct. 12, 2017. Check out the companies making headlines after the bell: PG&E shares rose as much as…

  • Global stocks sell off as tech tumbles; dollar hits 16-month high

    Global stocks sell off as tech tumbles; dollar hits 16-month high

    [ad_1] NEW YORK (Reuters) – U.S. and European stocks fell sharply on Monday, with tech stocks in both regions getting hammered, while the U.S. dollar surged to its highest point in 16 months against a basket of currencies amid concern about European political risks. FILE PHOTO: A U.S. Dollar note is seen in this June…

  • Facebook sees lowest close since April 2017 as U.S. stocks fall

    Facebook sees lowest close since April 2017 as U.S. stocks fall

    [ad_1] Facebook shares closed at their lowest price in 19 months, and have now plunged 35 percent from their peak in July. The stock fell 2.4 percent on Monday, to $141.55, the lowest close since April 17, 2018, when it closed at $140.96. Facebook fell along with the broader market on Monday, sparked by an…

  • Nasdaq falls 2 percent as Apple, chip stocks hit by weak forecasts

    Nasdaq falls 2 percent as Apple, chip stocks hit by weak forecasts

    [ad_1] (Reuters) – The Nasdaq Composite index fell about 2.5 percent on Monday, hit by a slump in Apple Inc shares after two suppliers cut their forecasts, sparking a selloff in other iPhone component makers and weighing on technology stocks. A trader works on the floor at the New York Stock Exchange (NYSE) in New…

  • Stocks could get spooked by year-end

    Stocks could get spooked by year-end

    [ad_1] He called the October correction, and now that same money manager believes stocks are at risk for another leg lower. According to Federated Investors’ Steve Chiavarone, last week’s midterm election was just one of three key events that could spook the markets again before year’s end. He lists President Donald Trump’s meeting with President…

  • Asia stocks lower amid growth worries; oil rebounds

    Asia stocks lower amid growth worries; oil rebounds

    [ad_1] SHANGHAI (Reuters) – Asian shares drifted lower on Monday as signs of softening demand in China rekindled anxiety about the outlook for world growth, but Saudi Arabia’s plans to cut production helped to halt a slide in oil prices. FILE PHOTO: A panel displays the closing Hang Seng Index outside a bank in Hong…

  • Asia stocks pressured on global growth worries, oil woes

    Asia stocks pressured on global growth worries, oil woes

    [ad_1] SHANGHAI (Reuters) – Asian shares fell on Monday, extending weakness in global equity markets at the end of last week as soft Chinese economic data and falling oil prices rekindled anxiety about the outlook for world growth. FILE PHOTO: A panel displays the closing Hang Seng Index outside a bank in Hong Kong, China…

  • Slump in oil prices and China data weighs on stocks

    Slump in oil prices and China data weighs on stocks

    [ad_1] NEW YORK (Reuters) – Stocks around the globe suffered their biggest drop in two weeks on Friday as weak Chinese economic data sapped demand for equities while oil prices weakened again on Friday. U.S. stocks were broadly lower, with energy shares .SPNY falling more than 1.0 percent as benchmark Brent crude oil saw a…

  • With tech down, surprise move could lead stocks higher

    With tech down, surprise move could lead stocks higher

    [ad_1] The stock market can “absolutely” go higher even without technology stocks leading the way, Wharton School finance professor Jeremy Siegel told CNBC on Friday. Tech stocks, which have delivered the best returns in recent years, have been hammered lately. October was their worst month since 2008. “We might get surprised by [investors] moving into…

  • China concerns, U.S. rate view send stocks lower

    China concerns, U.S. rate view send stocks lower

    [ad_1] LONDON (Reuters) – Global stocks are on track for their biggest drop in two weeks while oil prices held near six-month lows on Friday as a confident U.S. central bank and weak Chinese data hit demand for risky assets. While the decision to hold interest rates by the U.S. Federal Reserve was anticipated by…

  • Stocks poised for biggest drop in two weeks on U.S. and China concerns

    Stocks poised for biggest drop in two weeks on U.S. and China concerns

    [ad_1] LONDON (Reuters) – Global stocks were heading for their biggest drop in two weeks and emerging market currencies also slipped on Friday as a confident U.S. central bank and weak Chinese data hit demand for risky assets. FILE PHOTO: People walk through the lobby of the London Stock Exchange in London, Britain August 25,…

  • Asia stocks retreat from one-month high as Fed tempers rally

    Asia stocks retreat from one-month high as Fed tempers rally

    [ad_1] TOKYO (Reuters) – Asian stocks pulled back from a one-month high on Friday as the Federal Reserve looked set to deliver another interest rate hike next month, paring gains made earlier this week after U.S. midterm elections triggered a global equities rally. FILE PHOTO – People walk past an electronic board showing Japan’s Nikkei…

  • Asia stocks pull back from one-month high as Fed tempers rally

    Asia stocks pull back from one-month high as Fed tempers rally

    [ad_1] TOKYO (Reuters) – Asian stocks pulled back from a one-month high on Friday as the Federal Reserve appeared poised to deliver another interest rate hike next month, paring gains made earlier this week after U.S. midterm elections triggered a global equities rally. FILE PHOTO – People walk past an electronic board showing Japan’s Nikkei…

  • Asia stocks sag as Fed tempers Wall St. rally, dollar firm

    Asia stocks sag as Fed tempers Wall St. rally, dollar firm

    [ad_1] TOKYO (Reuters) – Asian stocks dipped on Friday as Wall Street took a breather after the Federal Reserve kept intact its plans to continue raising interest rates at a gradual pace, with a fourth hike for this year expected next month. FILE PHOTO – People walk past an electronic board showing Japan’s Nikkei average…

  • Asia stocks sag as Fed tempers Wall Street rally, dollar firm

    Asia stocks sag as Fed tempers Wall Street rally, dollar firm

    [ad_1] TOKYO (Reuters) – Asian stocks dipped on Friday as Wall Street took a breather after the Federal Reserve kept intact its plans to continue raising interest rates at a gradual pace, with a fourth hike for this year expected next month. FILE PHOTO – People walk past an electronic board showing Japan’s Nikkei average…

  • Stocks making the biggest moves after hours: Yelp, Hertz and more

    Stocks making the biggest moves after hours: Yelp, Hertz and more

    [ad_1] Check out the companies making headlines after the bell: Yelp stock plunged 27 percent in the extended session after the company missed revenue expectations for the third quarter and also provided weak guidance. The company reported $241 million in revenue, while analysts were expecting $245 million. The company cited a slowdown in advertising account…

  • Cloud plays may be ‘best tech stocks to own’ as 2018 ends

    Cloud plays may be ‘best tech stocks to own’ as 2018 ends

    [ad_1] The stocks of cloud companies like New Relic and Twilio are ripe for buying after a brutal series of October sell-offs, CNBC’s Jim Cramer said Wednesday. October was the worst month for the broader technology sector since the depths of the financial crisis, with the tech-heavy Nasdaq Composite seeing its most drastic drop since…

  • Global stocks rise after U.S. vote splits power; dollar slips

    Global stocks rise after U.S. vote splits power; dollar slips

    [ad_1] NEW YORK (Reuters) – Most major stock markets rose on Wednesday after the U.S. midterm election divided control of Congress, while expectations of political gridlock in Washington weighed on the dollar. U.S. oil prices slipped after U.S. crude output hit another record high. While gridlock could hamper President Donald Trump’s political and economic agenda,…

  • World stocks, Wall Street surge after US vote but dollar takes hit

    World stocks, Wall Street surge after US vote but dollar takes hit

    [ad_1] NEW YORK (Reuters) – World stocks rose on Wednesday, with Wall Street surging after the U.S. midterm election a day earlier divided control of Congress, but the outcome, which casts doubt on further U.S. tax cuts, hit the dollar and sent Treasury yields lower. The Democrats looked headed for a gain of more than…

  • U.S. stocks jump at the open after midterm results

    U.S. stocks jump at the open after midterm results

    [ad_1] U.S. stocks opened higher on Wednesday after the midterm elections handed Democrats the House of Representatives and saw Republicans reinforce their control of the Senate in a widely expected outcome. The Dow Jones Industrial Average rose 153.45 points, or 0.60 percent, at the open to 25,788.46. The S&P 500 opened higher by 18.68 points,…

  • Stocks lose momentum, dollar softens after Democrats win U.S. House

    Stocks lose momentum, dollar softens after Democrats win U.S. House

    [ad_1] TOKYO (Reuters) – Wall Street stock futures and Asian shares lost steam on Wednesday after Democrats won control of the U.S. House of Representatives, boosting the party’s ability to block President Donald Trump’s political and economic agenda. People walk past an electronic board showing Japan’s Nikkei average outside a brokerage in Tokyo, Japan, October…

  • Firepower for U.S. stocks may lose spark as Democrats gain clout

    Firepower for U.S. stocks may lose spark as Democrats gain clout

    [ad_1] NEW YORK (Reuters) – The U.S. stock market may be facing the remainder of Donald Trump’s presidential term with the prospect of less juice to supercharge it. FILE PHOTO: Traders work on the floor of the New York Stock Exchange (NYSE) in New York, U.S., October 11, 2018. REUTERS/Brendan McDermid/File Photo Stock returns have…

  • Wall Street futures, Asia stocks jump back on GOP’s house prospects

    Wall Street futures, Asia stocks jump back on GOP’s house prospects

    [ad_1] TOKYO (Reuters) – Wall Street stock futures and Asian shares erased losses to eke out small gains on Wednesday as early results of U.S. mid-term elections appeared to show Republicans improving their chances of retaining their grip on Congress. People walk past an electronic board showing Japan’s Nikkei average outside a brokerage in Tokyo,…

  • Wall Street futures, Asia stocks fall as U.S. elections trickle in

    Wall Street futures, Asia stocks fall as U.S. elections trickle in

    [ad_1] TOKYO (Reuters) – Wall Street stock futures and Asian shares dropped on Wednesday as early results of the U.S. midterm elections started to trickle in, with investors bracing for the Republicans to lose their grip on Congress. People walk past an electronic board showing Japan’s Nikkei average outside a brokerage in Tokyo, Japan, October…

  • Stocks gain, dollar flat as U.S. elections prompt investor caution

    Stocks gain, dollar flat as U.S. elections prompt investor caution

    [ad_1] NEW YORK (Reuters) – U.S. shares rose on Tuesday while the dollar held steady as Americans went to the polls in elections that could shift the balance of power in Congress. Traders work on the floor of the New York Stock Exchange (NYSE) in New York, U.S., November 1, 2018. REUTERS/Brendan McDermid Treasury yields…

  • Charts suggest stocks will rip higher into 2019

    Charts suggest stocks will rip higher into 2019

    [ad_1] A pair of charts suggests stocks will stage a significant rally, no matter what happens with the midterm elections. According to J.P. Morgan’s Jason Hunter, investors could be on the cusp of solid gains following the October correction. “We feel comfortable thinking this is a late-cycle correction and not a bear market,” he said…

  • Global stocks edge up, dollar steady as U.S. votes in midterms

    Global stocks edge up, dollar steady as U.S. votes in midterms

    [ad_1] NEW YORK (Reuters) – Stock markets edged up on Tuesday, with trading thin in the United States, while the dollar and Treasury yields held steady as Americans went to the polls in pivotal midterm elections that could shift the balance of power in Congress. Traders work on the floor of the New York Stock…

  • Caution grips European stocks ahead of U.S. mid-term results

    Caution grips European stocks ahead of U.S. mid-term results

    [ad_1] LONDON (Reuters) – European shares ended a choppy session in negative territory on Tuesday as investors punished companies like Zalando that missed expectations and remained cautious while waiting for the results of U.S. mid-term elections. The German share price index DAX graph is pictured at the stock exchange in Frankfurt, Germany, November 6, 2018.…

  • Investors punish earnings misses as European stocks dip in cautious trading

    Investors punish earnings misses as European stocks dip in cautious trading

    [ad_1] LONDON (Reuters) – European shares dipped on Tuesday as investors continued to harshly punish companies that missed expectations like Pandora, William Hill and Morrisons, while caution prevailed ahead of the U.S. midterm congressional elections. The German share price index DAX graph is pictured at the stock exchange in Frankfurt, Germany, November 5, 2018. REUTERS/Staff…

  • U.S. stocks edge higher ahead of midterms, Fed; dollar falls

    U.S. stocks edge higher ahead of midterms, Fed; dollar falls

    [ad_1] NEW YORK (Reuters) – Wall Street stock indexes mostly rose on Monday, the eve of U.S. midterm elections to determine whether President Donald Trump’s Republican party retains control of congress and also ahead of a meeting of Federal Reserve policy makers. Oil prices rose in choppy trading after five days of heavy losses as…

  • Goldman sees three things weighing down stocks, but likes these names

    Goldman sees three things weighing down stocks, but likes these names

    [ad_1] After analyzing third-quarter earnings conference calls, Goldman Sachs found three major worries cited by corporate executives that could weigh on future profits. “Tariffs, wage inflation, and rising interest rates pose three key risks to all-time high S&P 500 profit margins,” said Goldman’s David Kostin, the firm’s chief equity strategist. But the firm found stocks…

  • Stocks rally peters out

    Stocks rally peters out

    [ad_1] World stocks have slipped, halting a four-day recovery rally as anxiety surrounding global trade conditions and rising US interest rates dampened risk appetite. European shares followed Asia lower on Monday as investors readied for US congressional midterm elections on Tuesday, while sterling briefly climbed on a newspaper report that a Brexit agreement was imminent.…

  • World stocks rally peters out as trade, Fed worries dominate

    World stocks rally peters out as trade, Fed worries dominate

    [ad_1] LONDON (Reuters) – World stocks slipped on Monday, halting a four-day recovery rally as anxiety surrounding global trade conditions and rising U.S. interest rates dampened risk appetite. The German share price index DAX graph is pictured at the stock exchange in Frankfurt, Germany, November 2, 2018. REUTERS/Staff European shares followed Asia lower as investors…

  • China trade war may force stocks even lower

    China trade war may force stocks even lower

    [ad_1] The S&P 500 Index may be coming off its best week since March 9, but long-time bull Art Hogan doesn’t believe the market’s wild swings are safely in the past. B. Riley FBR’s chief market strategist predicts stocks will retest to their October 29 correction lows, he recently told CNBC. “We are going to…

  • Forget gridlock, Republican win may be better for stocks

    Forget gridlock, Republican win may be better for stocks

    [ad_1] SAN FRANCISCO (Reuters) – U.S. President Donald Trump has warned that his favorite measure of success, the stock market, is imperiled if voters favor Democrats in next week’s congressional elections. Traders work on the floor of the New York Stock Exchange (NYSE) in New York, U.S., November 1, 2018. REUTERS/Brendan McDermid While not fully…

  • Dow Jones: US stocks UP amid signs of China trade war truce – talks ‘moving along nicely’ | City & Business | Finance

    Dow Jones: US stocks UP amid signs of China trade war truce – talks ‘moving along nicely’ | City & Business | Finance

    [ad_1] The Dow Jones rose 264.98 points, or 1.06 percent, while the Nasdaq jumped by 1.75 percent, leaving the tech-heavy index 5.4 percent up for the last three sessions – its biggest three-day gain since February 2016. Meanwhile, the trade-sensitive S&P industrial sector rose 1.7 percent. US stocks took a pummelling earlier this week after…

  • Stocks making the biggest moves after hours: Apple, Starbucks and more

    Stocks making the biggest moves after hours: Apple, Starbucks and more

    [ad_1] Kraft Heinz stock fell 9 percent in the extended session after the company released a mixed earnings report. The company reported earnings of 78 cents per share, lower than the 81 cents per share Wall Street estimated. However, the company beat revenue expectations, reporting $6.38 billion in revenue for the third quarter compared to…

  • Apple earnings drag tech stocks down after hours

    Apple earnings drag tech stocks down after hours

    [ad_1] ARis Oikonomou | AFP | Getty Images Tim Cook, CEO of Apple Inc talks at the Debating Ethics event at the European Parliament in Brussels on October 24, 2018.  Just as tech stocks began to turn around from their worst month since the 2008 recession, Apple dragged down the Nasdaq after hour, as it…

  • Stocks to surge 8% or more going into final months of year: Bill Stone

    Stocks to surge 8% or more going into final months of year: Bill Stone

    [ad_1] Bill Stone is banking on a significant stock market turnaround this year. With only two months left, the Avalon Advisors’ co-chief investment officer predicts 2018’s rally will be rekindled, sending stocks surging 8 percent or more. “With very conservative numbers, I think you can get to 2,950 on the market [S&P 500],” Stone said…

  • ‘Toppy’ tech stocks led the market down, not Trump’s tariffs

    ‘Toppy’ tech stocks led the market down, not Trump’s tariffs

    [ad_1] The recent stock market pullback resulted more from overvalued technology stocks than it did from worries over President Donald Trump‘s tariffs, White House economic advisor Larry Kudlow said Thursday. “I think a lot of the big, big tech stocks, the FANG stocks, got pretty toppy, and they were due for a correction,” Kudlow said…

  • From pharma to prisons, election-sensitive stocks that could swing

    From pharma to prisons, election-sensitive stocks that could swing

    [ad_1] NEW YORK (Reuters) – Tuesday’s midterm U.S. congressional elections stand to have broad effects on federal government policies that could ripple through industries from healthcare and tech to gunmakers and prisons. Traders work on the floor of the New York Stock Exchange (NYSE) near the close of market in New York, U.S., October 31,…

  • Signs of relief emerge for battered U.S. homebuilding stocks

    Signs of relief emerge for battered U.S. homebuilding stocks

    [ad_1] NEW YORK (Reuters) – U.S. homebuilders’ earnings have been hit by rising mortgage rates in the latest quarter, but their shares are showing signs of recovering. A real estate sign advertising a new home for sale is pictured in Vienna, Virginia, U.S. October 20, 2014. REUTERS/Larry Downing/File Photo The S&P Composite 1500 Homebuilding index…

  • Asia stocks begin new month on firmer footing after torrid Oct

    Asia stocks begin new month on firmer footing after torrid Oct

    [ad_1] TOKYO (Reuters) – Battered equity investors got Asia off to a positive start for November, as Thursday’s session benefited from another strong performance on Wall Street, while the pound jumped on a report Britain has secured a deal that would give its financial services firms continued access to European markets after Brexit. Visitors are…

  • Stocks making the biggest moves after hours: Fitbit, Allstate and more

    Stocks making the biggest moves after hours: Fitbit, Allstate and more

    [ad_1] Check out the companies making headlines after the bell: Fitbit shares soared as much as 13 percent in after-hours trading after the company beat earnings and revenue expectations for the third quarter. The fitness tracker manufacturer reported earnings of 4 cents per share, while analysts had expected a loss of one cent per share.…

  • Tech stocks plunged in October, suffering worst month since 2008 

    Tech stocks plunged in October, suffering worst month since 2008 

    [ad_1] The tech sector certainly wasn’t alone in October. Eight of the 10 subgroups of the S&P 500 fell, led by energy and consumer discretionary stocks, which dropped more than the tech group. The broader S&P 500 declined 6.9 percent, and the Dow Jones Industrial Average slid 5.1 percent. But tech has an outsize impact…

  • Don’t write off FANG even as the stocks could still go lower

    Don’t write off FANG even as the stocks could still go lower

    [ad_1] Sometimes, CNBC’s Jim Cramer wishes FANG, the acronym he uses to talk about the stocks of Facebook, Amazon, Netflix and Google, now Alphabet, had never been created. “I never thought I’d say this, but I rue the day we created this silly thing,” the “Mad Money” host said one day after Facebook’s third-quarter earnings…

  • Stocks climbing after strong reports from Facebook, GM

    Stocks climbing after strong reports from Facebook, GM

    [ad_1] Stocks are climbing again Wednesday morning as investors applaud quarterly results from companies including Facebook, General Motors and Estee Lauder. After a rally a day earlier, the S&P 500 index is now on track for its first two-day winning streak since late September. The index is still down 6.6 per cent in October and…

  • Asia stocks rise at end of grim October, on track for worst month since 2011

    Asia stocks rise at end of grim October, on track for worst month since 2011

    [ad_1] TOKYO/SHANGHAI (Reuters) – Asian stocks clawed up from 20-month lows on Wednesday amid pledges by China to support its markets, but investor confidence was brittle after equity markets bled trillions of dollars in a grim October. FILE PHOTO: Visitors look at a stock quotation board at Tokyo Stock Exchange in Tokyo Japan, October 11,…

  • Asia stocks rise after grim October, set for worst month since 2011

    Asia stocks rise after grim October, set for worst month since 2011

    [ad_1] TOKYO/SHANGHAI (Reuters) – Asian stocks were set to end the month up from 20-month lows on Wednesday amid pledges by China to support its domestic markets, but sentiment was fragile after equity markets bled trillions of dollars in a grim October. FILE PHOTO: Visitors look at a stock quotation board at Tokyo Stock Exchange…

  • Asia stocks crawl up after a merciless October for global equities

    Asia stocks crawl up after a merciless October for global equities

    [ad_1] TOKYO (Reuters) – Asian stocks pulled away from 20-month lows on Wednesday, thanks to a rebound on Wall Street, although investors remained cautious after an October month that saw sharp downturns across global equity markets. FILE PHOTO: Visitors look at a stock quotation board at Tokyo Stock Exchange in Tokyo Japan, October 11, 2018.…

  • Asia stocks tentative after a merciless October for global equities

    Asia stocks tentative after a merciless October for global equities

    [ad_1] TOKYO (Reuters) – Asian stocks pulled away from 20-month lows to eke out small gains on Wednesday, thanks to a rebound on Wall Street though investors remained cautious after a torrid October month that saw trillions of dollars wiped out of global equity markets. FILE PHOTO: Visitors look at a stock quotation board at…

  • Stocks making the biggest moves after hours: Facebook, EA and more

    Stocks making the biggest moves after hours: Facebook, EA and more

    [ad_1] Check out the companies making headlines after the bell: Facebook shares initially fell, then turned positive and rose 2 percent in the extended session after the social media giant released a mixed third-quarter earnings report. The company reported earnings of $1.76 per share, higher than the Street’s $1.47 per share estimate. Facebook missed expectations…

  • U.S. stocks ride higher on trade optimism

    U.S. stocks ride higher on trade optimism

    [ad_1] (Reuters) – U.S. stocks rose on Tuesday, helped by a rebound in technology stocks after a volatile few sessions on Wall Street, amid optimism over the U.S.-China trade dispute and some upbeat earnings reports. A trader works on the floor of the New York Stock Exchange (NYSE) in New York, U.S., October 29, 2018.…

  • Asian stocks on edge over escalation in U.S.-China trade tensions

    Asian stocks on edge over escalation in U.S.-China trade tensions

    [ad_1] TOKYO (Reuters) – Asia shares recouped early losses and crept higher on Tuesday as China made a fresh attempt to stabilize its stock markets, but the gains looked fragile amid fears of a sharp escalation in the U.S.-China trade war. FILE PHOTO – A pedestrian stands to look at an electronic board showing the…

  • Asian stocks fragile as U.S.-China trade tensions escalate

    Asian stocks fragile as U.S.-China trade tensions escalate

    [ad_1] TOKYO (Reuters) – Asian shares came under pressure on Tuesday with Chinese markets and the yuan falling, hurt by fresh worries about the intensifying Sino-U.S. trade war and tracking losses in Wall Street indexes. FILE PHOTO – A pedestrian stands to look at an electronic board showing the stock market indices of various countries…

  • Asian stocks fragile as trade tensions escalate

    Asian stocks fragile as trade tensions escalate

    [ad_1] TOKYO (Reuters) – Asian shares came under pressure on Tuesday after Wall Street peers finished weaker, hurt by fresh worries about the U.S.-China trade war and were on track for their biggest October decline since the 2008 financial crisis. FILE PHOTO – A pedestrian stands to look at an electronic board showing the stock…

  • Traders making a boatload betting against once-beloved FAANG stocks

    Traders making a boatload betting against once-beloved FAANG stocks

    [ad_1] People betting against once-beloved technology giants made $1.6 billion in paper profit last week, according to data from S3 Partners. So-called FAANG stocks, including Facebook, Amazon, Apple, Netflix and Google’s Alphabet, fell 4.7 percent last week. They were down 3.6 percent on Friday alone and are also among the 10 most shorted U.S. stocks,…

  • Stocks making the biggest moves after hours: Akamai, Cognex and more

    Stocks making the biggest moves after hours: Akamai, Cognex and more

    [ad_1] Check out the companies making headlines after the bell: Akamai Technologies shares rose more than 4 percent in after-hours trading following a quarterly earnings report that beat expectations on the top and bottom lines. The Massachusetts-based technology company reported earnings of 94 cents per share, while analysts expected 83 cents per share. Akamai reported…

  • Angela Merkel is HINDERING European markets – and her departure ‘will BOOST stocks’ | City & Business | Finance

    Angela Merkel is HINDERING European markets – and her departure ‘will BOOST stocks’ | City & Business | Finance

    [ad_1] The German Chancellor has been far too cautious with her economic policies and prevented businesses from thriving, Jim Cramer said. The former hedge fund manager and host of CNBC’s ‘Mad Money’ said Ms Merkel’s coalition government “is more worried about Weimar than about avoiding the next recession” – a reference to the hyperinflation which…

  • Global stocks slide as investors fret over new tariffs

    Global stocks slide as investors fret over new tariffs

    [ad_1] NEW YORK (Reuters) – Early gains on Wall Street fizzled and sent global stocks lower on Monday after reports that the U.S. is planning an additional $257 billion worth of tariffs on Chinese goods if upcoming talks between Presidents Donald Trump and Xi Jinping fail to end a trade war between two of the…

  • European stocks bounce back on Italy relief, China growth worries linger

    European stocks bounce back on Italy relief, China growth worries linger

    [ad_1] LONDON (Reuters) – Concern over China’s slowing economy dented U.S. stock futures and kept world stocks under pressure on Monday although European shares climbed thanks to encouraging earnings reports and relief that Italy dodged a ratings downgrade. People walk through the lobby of the London Stock Exchange in London, Britain August 25, 2015. REUTERS/Suzanne…

  • S&P 500 ends at lowest since May as tech, internet stocks tumble

    S&P 500 ends at lowest since May as tech, internet stocks tumble

    [ad_1] NEW YORK (Reuters) – The S&P 500 ended at its lowest level since early May after technology and internet shares sold off further on Friday, capping a volatile week that confirmed a correction for the Nasdaq. The benchmark S&P 500 itself flirted with correction territory – when an index closes 10 percent or more…

  • Stocks are cheap and should rally 15% to 20%: Guggenheim 

    Stocks are cheap and should rally 15% to 20%: Guggenheim 

    [ad_1] The stock market hasn’t peaked yet, Guggenheim’s head of investing told CNBC on Friday. Instead, right now it is going through a “classic seasonal adjustment,” said Scott Minerd, the firm’s global chief investment officer and chairman of investments. Guggenheim has $265 billion of assets under management. “Markets tend to continue to rise until after…

  • Wall Street slides as tech, internet stocks tumble

    Wall Street slides as tech, internet stocks tumble

    [ad_1] NEW YORK (Reuters) – U.S. stocks sold off further on Friday and the S&P 500 flirted with correction territory as disappointing results punished technology and internet shares. The Dow Jones Industrial Average .DJI fell 296.24 points, or 1.19 percent, to 24,688.31, the S&P 500 .SPX lost 47 points, or 1.74 percent, to 2,658.57 and…

  • The slump in chip stocks may be a sign the US economy is slowing down

    The slump in chip stocks may be a sign the US economy is slowing down

    [ad_1] For investors, one result of the chip slowdown has been falling prices for the nine major exchange-traded funds tied to semiconductor indices. The biggest, the $1.4 billion iShares PHLX Semiconductor ETF, fell 6.6 percent on Wednesday alone, according to ETF Database. The VanEck Vectors Semiconductor ETF, with $870 million in assets, posted its biggest…

  • Stocks slide globally, U.S. Treasury prices rise

    Stocks slide globally, U.S. Treasury prices rise

    [ad_1] NEW YORK (Reuters) – Stock markets around the world fell on Friday on track for their longest weekly losing streak since 2013 while U.S. Treasury prices rose along with demand for safer bets as better than expected U.S. economic data did little to assuage anxiety over disappointing corporate profits and trade wars. Wall Street…

  • The chip stocks telegraphed this sell-off back in early September 

    The chip stocks telegraphed this sell-off back in early September 

    [ad_1] During the summer chip stocks were hit by concerns about memory pricing and then later, DRAM pricing. “I think they’re signaling something that’s broader and indicative of, I think risks that could exist as we go through the fourth quarter and right into the first quarter. This supply chain is in the process of…

  • Asian stocks hit 20-month lows, S&P futures slide as investors flee risk

    Asian stocks hit 20-month lows, S&P futures slide as investors flee risk

    [ad_1] SHANGHAI (Reuters) – Asian shares skidded to 20-month lows, S&P futures fell sharply and China’s yuan weakened at the end of a turbulent week for financial markets on Friday, as anxiety over corporate profits added to lingering fears about global trade and economic growth. A man stands in front of an electronic board showing…

  • Asia stocks, S&P futures slide as investors flee risk amid growth fears

    Asia stocks, S&P futures slide as investors flee risk amid growth fears

    [ad_1] SHANGHAI (Reuters) – Asian shares tumbled to 20-month lows and S&P futures fell sharply at the end of a turbulent week for financial markets on Friday, as anxiety over the outlook for U.S. corporate profits added to lingering fears about global trade and economic growth. A man stands in front of an electronic board…

  • Tech stocks battered after disappointing Amazon and Alphabet results

    Tech stocks battered after disappointing Amazon and Alphabet results

    [ad_1] SAN FRANCISCO (Reuters) – So-called FANG stocks and other tech shares sank in extended trade on Thursday following disappointing quarterly reports from Amazon.com Inc (AMZN.O) and Alphabet Inc (GOOGL.O). The weak results from Amazon and Google parent Alphabet were the latest setback for the high-growth quartet of stocks known as FANG, which also includes…

  • Tech stocks bounce back at the open on the heels of strong earnings

    Tech stocks bounce back at the open on the heels of strong earnings

    [ad_1] Tech stocks rallied at the open on the heels of several positive tech earnings. The Nasdaq Composite Index rose as much as 1.4 percent at the open, a day after closing down 4.43 percent. Following plummeting stocks across the sector on Wednesday, tech companies already started to see a lift after the bell when…

  • Europe attempts comeback after world stocks routed again

    Europe attempts comeback after world stocks routed again

    [ad_1] LONDON (Reuters) – Europe attempted a rebound on Thursday, after Wall Street’s worst day since 2011 and heavy losses in Asia put global stocks on course for their worst month since the financial crisis. It wasn’t a sunny picture by any means. Germany’s DAX .GDAX hit a near two-year low and London’s FTSE .FTSE…

  • Stocks crumble as global growth, U.S. earnings fears spook markets

    Stocks crumble as global growth, U.S. earnings fears spook markets

    [ad_1] SYDNEY (Reuters) – Asian shares dived on Thursday as hundreds of billions of dollars hemorrhaged from global markets after a rout in tech stocks inflicted the largest daily decline on Wall Street since 2011, wiping out all its gains for the year. A screen displays a chart of the Dow Jones Industrial Average on…

  • Chip stocks suffer their biggest drop in nearly 10 years

    Chip stocks suffer their biggest drop in nearly 10 years

    [ad_1] Semiconductor stocks had their worst day in a decade Wednesday after a slew of disappointing earnings from leading chipmakers and a sell-off in the broader markets. The VanEck Vectors Semiconductor ETF, which trades under the ticker SMH, closed down 6.7 percent — the biggest downturn for the group since November 2008. Chipmaker Nvidia meanwhile…

  • Stocks making the biggest moves after hours: Tesla, CommScope and more

    Stocks making the biggest moves after hours: Tesla, CommScope and more

    [ad_1] Stephen Lam | Reuters A parking lot of predominantly new Tesla Model 3 electric vehicles is seen in Richmond, California, U.S. June 22, 2018. Check out the companies making headlines after the bell: Tesla shares soared as much as 13 percent during after-hours trading as the company beat analysts estimates on earnings and revenue…

  • Tech stocks recover after-hours on positive Tesla, Microsoft earnings

    Tech stocks recover after-hours on positive Tesla, Microsoft earnings

    [ad_1] After a dismal day for tech stocks, Tesla and Microsoft earnings pulled up stocks after hours across the sector. The Nasdaq was up 4.63 percent in after-hours trading after Tesla and Microsoft both crushed third quarter earnings. Microsoft reported $29.08 billion in revenuer for its fiscal first quarter, beating expectations of $27.90 billion according…

  • Chip stocks fall after Texas Instruments, STMicro warn on slowing demand

    Chip stocks fall after Texas Instruments, STMicro warn on slowing demand

    [ad_1] (Reuters) – Semiconductor stocks slumped on Wednesday after Texas Instruments Inc (TXN.O) and Franco-Italian chipmaker STMicroelectronics (STM.PA) warned of slowing demand. A trader works on the floor of the New York Stock Exchange (NYSE) in New York, U.S., October 23, 2018. REUTERS/Brendan McDermid While TI shares were down 6 percent in premarket trading, STMicro’s…

  • Global stocks eyeing sixth day in red, fret about growth and company profits

    Global stocks eyeing sixth day in red, fret about growth and company profits

    [ad_1] LONDON (Reuters) – World stocks marked a sixth straight day losses on Wednesday as fears about global economic growth kept sentiment fragile, with Wall Street tipped for a weak open and oil prices languishing near two-month lows. FILE PHOTO: The London Stock Exchange Group offices are seen in the City of London, Britain, December…

  • Asia stocks struggle as global woes persist, oil near two-month lows

    Asia stocks struggle as global woes persist, oil near two-month lows

    [ad_1] TOKYO (Reuters) – Asian stocks edged lower on Wednesday as concerns, ranging from worries about U.S. corporate earnings to Middle East tensions, weighed on sentiment while crude oil approached two-month lows after Saudi Arabia flagged possible supply increases. FILE PHOTO: People walk past an electronic board showing Japan’s Nikkei average outside a brokerage in…

  • Asia stocks edge up as Wall St. shows resilience, oil near two-month lows

    Asia stocks edge up as Wall St. shows resilience, oil near two-month lows

    [ad_1] TOKYO (Reuters) – Asian stocks edged up on Wednesday as a late round of buying helped Wall Street indexes pare most of their earlier panic-driven losses, although crude oil struggled near two-month lows after Saudi Arabia flagged possible supply increases. People walk past an electronic board showing Japan’s Nikkei average outside a brokerage in…

  • Investors now have a ‘two-fold reason’ to buy stocks like FANG

    Investors now have a ‘two-fold reason’ to buy stocks like FANG

    [ad_1] Investors should pick at high-growth stocks at their currently discounted prices rather than swapping into value plays, CNBC’s Jim Cramer said Tuesday after a volatile trading session. “You have to go with FANG,” the “Mad Money” host told a caller, referring to his well-known acronym for the stocks of Facebook, Amazon, Netflix and Google,…

  • Global stocks, oil prices stumble, investors eye bonds, gold

    Global stocks, oil prices stumble, investors eye bonds, gold

    [ad_1] NEW YORK (Reuters) – Wall Street indexes were down on Tuesday though they pulled back from the day’s lows after investors fled to safety on worries about a global slowdown in growth while oil tumbled and pressure mounted on Saudi Arabia over the death of journalist Jamal Khashoggi. Benchmark U.S. Treasury prices rose, sending…

  • A major group of stocks just erased its gains for the year

    A major group of stocks just erased its gains for the year

    [ad_1] Small-cap stocks have officially erased all of their gains this year, and the Dow Jones Industrial Average may not be too far behind. The Russell 2000, composed of publicly traded companies with a market capitalization between $300 million and about $2 billion, dropped 2 percent on Tuesday. The index is down more than 10…

  • Investors dumping tech stocks pushes Nasdaq into correction territory

    Investors dumping tech stocks pushes Nasdaq into correction territory

    [ad_1] Michael Nagle | Bloomberg | Getty Images Traders work on the floor of the New York Stock Exchange (NYSE) in New York, U.S., on Wednesday, Nov. 9, 2016. Investors are dumping their favorite tech stocks and pushing the Nasdaq into correction territory Tuesday. The Nasdaq Composite tanked as much as 2.8 percent in morning…

  • European tech stocks flirt with bear market

    European tech stocks flirt with bear market

    [ad_1] Tech stocks in Europe are flirting with bear market territory after the outlook for earnings has dipped. The European tech sector has lost 18.5 percent since its June peak and has shed more than 6 percent in value in the last 5 days of trade. By the end of Tuesday morning trade, every single…

  • Pot stocks on pace for second-worst day ever as Tilray tumbles

    Pot stocks on pace for second-worst day ever as Tilray tumbles

    [ad_1] Galit Rodan | Bloomberg | Getty Images Finished buds sit in a tray at the CannTrust Holdings Inc. cannabis production facility in Fenwick, Ontario, Canada, on Monday, Oct. 15, 2018. Canada, which has allowed medical marijuana for almost two decades, legalizes the drug for recreational use on Oct. 17, joining Uruguay as one of…

  • Italy relief, hopes for China stimulus buoy global stocks

    Italy relief, hopes for China stimulus buoy global stocks

    [ad_1] LONDON (Reuters) – European shares crept higher on Monday on relief over Italy’s budget, tracking rallies in Asia markets after China promised to provide stimulus to stabilize its economy and offset the impact of U.S. tariffs. The German share price index DAX graph is pictured at the stock exchange in Frankfurt, Germany, October 18,…

  • Italy relief, China stimulus hopes lift global stocks

    Italy relief, China stimulus hopes lift global stocks

    [ad_1] LONDON (Reuters) – European shares gained on Monday amid relief over Italy’s budget, following rallies in Asia after China promised to provide stimulus to stabilize its economy and offset the impact of U.S. tariffs. The German share price index DAX graph is pictured at the stock exchange in Frankfurt, Germany, October 18, 2018. REUTERS/Staff/File…

  • Euro, pound rally on Brexit concession; global stocks dip

    Euro, pound rally on Brexit concession; global stocks dip

    [ad_1] NEW YORK (Reuters) – Stocks dipped on Friday, dragging a global index into a fourth consecutive weekly loss, while the euro and sterling rallied against the dollar after a report said Britain is ready to drop a key Brexit demand. A Trader works on the floor of the New York Stock Exchange (NYSE) in…

  • Stocks bounce back despite Italy angst; dollar dips

    Stocks bounce back despite Italy angst; dollar dips

    [ad_1] NEW YORK (Reuters) – Stocks rose across the world on Friday with a global index aiming to avoid a fourth consecutive weekly loss, but concerns over Italy’s budget weighed on its stocks and bonds. FILE PHOTO: People walk past a “debt clock” screen, installed by Bruno Leoni Institute’s analysts, displaying Italy’s public debt at…

  • Cramer’s 5 favorite tech stocks right now, including Apple, Salesforce

    Cramer’s 5 favorite tech stocks right now, including Apple, Salesforce

    [ad_1] Few “Mad Money” followers would be surprised that Cramer-fave Apple took first place in his ranking. Now that Amazon’s stock has slipped from its highs, Apple is the world’s only trillion-dollar company by market cap. Reiterating his motif that Apple should be valued like a consumer products company rather than a tech company, Cramer…

  • Bank of America downgrades homebuilder stocks, lowers housing starts forecasts

    Bank of America downgrades homebuilder stocks, lowers housing starts forecasts

    [ad_1] Bank of America Merrill Lynch downgraded homebuilder stocks Toll Brothers, PulteGroup and NVR as the investment bank lowered its homebuilding estimates for 2018 and 2019. “This morning BofA Merrill Lynch’s US economics team lowered its 2018-2019 housing starts and new home sales forecasts and thus we slightly temper our macro housing assumptions,” analyst John…

  • Beaten-up tech stocks to feel more pain, investor Paul Meeks predicts

    Beaten-up tech stocks to feel more pain, investor Paul Meeks predicts

    [ad_1] The tech-heavy Nasdaq is on pace for its steepest monthly decline since January 2016, but veteran investor Paul Meeks isn’t ready to jump into the wreck for bargains just yet. Meeks, who ran the world’s biggest tech fund for Merrill Lynch during the dot-com boom and subsequent collapse, is predicting more trouble due to…

  • Asia stocks falter as China knocked by renewed trade war fears

    Asia stocks falter as China knocked by renewed trade war fears

    [ad_1] TOKYO (Reuters) – China’s benchmark stock index skidded to four-year lows and dragged Asian equities down on Thursday, as renewed fears of a broadening economic impact from an escalating Sino-U.S. trade conflict sapped confidence. FILE PHOTO: An investor sits in front of displays showing stock information at a brokerage office in Beijing, China October…

  • Dollar at one week high after hawkish Fed minutes; Asia stocks capped

    Dollar at one week high after hawkish Fed minutes; Asia stocks capped

    [ad_1] TOKYO (Reuters) – Asian stocks were capped and the dollar rose to a one week-high in early Thursday trade after the minutes of the Federal Reserve’s latest meeting showed broad agreement among board members on the need to raise borrowing costs further. FILE PHOTO: A U.S. five dollar note is seen in this illustration…

  • Marijuana stocks lose ground as Canada ushers in a new era of legal cannabis

    Marijuana stocks lose ground as Canada ushers in a new era of legal cannabis

    [ad_1] “The pace and change is accelerating rapidly and we’re seeing well-funded, professional brands emerging,” CEO Brendan Kennedy told CNBC an interview Wednesday. “It’s a global opportunity and we think we have a first-mover advantage.” Founded in 2013, Tilray was incorporated under Kennedy’s cannabis-focused private equity venture Privateer Holdings. Privateer, which still owns about 80…

  • Amazon, Illumina among analysts’ favorite stocks to buy on this dip

    Amazon, Illumina among analysts’ favorite stocks to buy on this dip

    [ad_1] Illumina (ILMN) Illumina is a global leader in genomics, grappling with questions like ‘what causes cancer cells to mutate.” Its sequencing technologies enable us to understand genetic variations in health, disease and drug response. Canaccord Genuity’s Mark Massaro (Track Record & Ratings) has just reiterated his buy rating on the stock. This comes with…

  • Billionaire investor Leon Cooperman says bonds, not stocks, are in a bubble

    Billionaire investor Leon Cooperman says bonds, not stocks, are in a bubble

    [ad_1] Billionaire Leon Cooperman advised investors on Wednesday to stay away from bonds as they are in a bubble. “My world is cash and stocks. I think bonds are the bubble, not stocks,” Cooperman told CNBC’s “Halftime Report.” He also noted investors should buy stocks they see as “fundamentally cheap” after a recent decline in…

  • Housing stocks fall after Credit Suisse gets bearish on the sector

    Housing stocks fall after Credit Suisse gets bearish on the sector

    [ad_1] Housing stocks fell broadly Wednesday after analysts at Credit Suisse lowered their ratings and price targets on several companies in the sector because of fears of rising interest rates. A drop in housing starts data also weighed on the stocks. Home Depot and Lowe’s dropped 4.6 percent and 3.1 percent, respectively; Floor & Decor…

  • Bank execs tell one economic story; bank stocks tell another

    Bank execs tell one economic story; bank stocks tell another

    [ad_1] By any measure, including their own third quarter financial reports, big U.S. banks are signaling the economy is on solid ground. And shares of these big banks jumped on Tuesday, suggesting investors are starting to believe them. The nation’s four biggest lenders and its two major investment banks posted mostly better than expected results,…

  • Asia stocks edge higher but Saudi tensions limit advance

    Asia stocks edge higher but Saudi tensions limit advance

    [ad_1] TOKYO (Reuters) – Asian stocks rose modestly on Tuesday, gaining a firmer footing after a week of heavy losses, although cooling factory-gate inflation in China and increasing tensions between Saudi Arabia and the West have capped gains. FILE PHOTO: People walk past an electronic board showing Japan’s Nikkei average outside a brokerage in Tokyo,…

  • Asia stocks edge up but Saudi tensions limit gains

    Asia stocks edge up but Saudi tensions limit gains

    [ad_1] TOKYO (Reuters) – Asian stocks rose modestly on Tuesday, gaining a firmer footing after a week of heavy losses, although increasing tensions between Saudi Arabia and the West have fanned geopolitical concerns and capped gains. People walk past an electronic board showing Japan’s Nikkei average (top R) and Japanese yen’s exchange rate against the…

  • Asia stocks bounce modestly but Saudi tensions limit gains

    Asia stocks bounce modestly but Saudi tensions limit gains

    [ad_1] TOKYO (Reuters) – Asian stocks bounced modestly on Tuesday, gaining a toe-hold after a week of heavy losses, although increasing tensions between Saudi Arabia and the West fanned geopolitical concerns and capped gains. People walk past an electronic board showing Japan’s Nikkei average (top R) and Japanese yen’s exchange rate against the U.S. dollar…

  • Wall Street falls, dragged down by tech stocks

    Wall Street falls, dragged down by tech stocks

    [ad_1] (Reuters) – U.S. stocks ended lower in a choppy trading session on Monday as technology stocks were pressured by lingering worries over interest rates and corporate earnings. Traders work on the floor of the New York Stock Exchange (NYSE) in New York, U.S., October 12, 2018. REUTERS/Brendan McDermid The Dow Jones Industrial Average .DJI…

  • West-Saudi tensions lift safe havens; world stocks slip

    West-Saudi tensions lift safe havens; world stocks slip

    [ad_1] NEW YORK (Reuters) – Major stock markets slipped on Monday as rising tensions between Western powers and Saudi Arabia added to concerns over the pace of global economic growth, with investors flocking to traditional safe-havens like the Japanese and Swiss currencies, as well as gold. Oil prices were little changed as the Saudi-West rift…

  • Defensive stocks help S&P, Dow eke out gains, offset tech pressure

    Defensive stocks help S&P, Dow eke out gains, offset tech pressure

    [ad_1] (Reuters) – A drop in technology stocks on Monday kept pressure on Wall Street and led the Nasdaq lower, but the S&P 500 and Dow Jones Industrial Average eked out slim gains as defensive sectors rose, while traders also pointed to technical support. Traders work on the floor of the New York Stock Exchange…

  • Goldman says sell-off is just about over so get back into growth stocks

    Goldman says sell-off is just about over so get back into growth stocks

    [ad_1] Kostin acknowledged there are challenges. Wages are increasing at a 3.3 percent rate, the highest since the recovery began in mid-2009, according to Goldman’s tracker. In addition, the firm thinks there’s a 60 percent chance that President Donald Trump levies tariffs on the remaining $267 billion worth of Chinese goods that haven’t already been…

  • European stocks hit 22-month low as Saudi tensions swirl

    European stocks hit 22-month low as Saudi tensions swirl

    [ad_1] LONDON (Reuters) – World markets turned tail again on Monday, as a bounceback in oil prices and rising tensions between Western powers and Saudi Arabia added to a cocktail of concerns that battered global stocks last week. FILE PHOTO: The German share price index DAX graph is pictured at the stock exchange in Frankfurt,…

  • Saudi stocks drop after Trump threat over missing writer

    Saudi stocks drop after Trump threat over missing writer

    [ad_1] The Saudi stock market plunged Sunday after President Donald Trump threatened “severe punishment” over the disappearance of Washington Post contributor Jamal Khashoggi. The Tadawul exchange in Riyadh dropped over 6 per cent in the week’s first day of trading, with 182 of its 186 listed stocks showing losses by the early afternoon. The disappearance…

  • Global stocks rebound but S&P 500 posts biggest weekly loss since March

    Global stocks rebound but S&P 500 posts biggest weekly loss since March

    [ad_1] NEW YORK (Reuters) – Stock markets worldwide rebounded on Friday after a multi-day sell-off but still registered their biggest weekly losses in months, while U.S. Treasury yields rose and the dollar held its gains. Wall Street snapped a six-day losing streak as investors looked for bargains even as worries about U.S.-China trade tensions lingered.…

  • Wall St. rebounds with technology stocks leading the way

    Wall St. rebounds with technology stocks leading the way

    [ad_1] NEW YORK (Reuters) – The U.S. benchmark S&P 500 stock index snapped a six-day losing streak on Friday as technology stocks recovered after a week of losses, with investors looking for bargains ahead of the third quarter earnings reporting season. Even the hard-hit S&P500 energy and financial sectors managed to close the session with…

  • Most S&P 500 stocks are deep in correction territory

    Most S&P 500 stocks are deep in correction territory

    [ad_1] SAN FRANCISCO (Reuters) – As Wall Street steadied on Friday after its worst two-day slide in eight months, the U.S. stock market remained fragile, with nearly three quarters of the S&P 500’s .SPX components in correction territory, or worse. Traders work on the floor of the New York Stock Exchange (NYSE) in New York,…

  • Two Dow stocks, a ‘FANG’ giant to buy amid the tech sector volatility

    Two Dow stocks, a ‘FANG’ giant to buy amid the tech sector volatility

    [ad_1] Technology stocks roared higher Friday as the market’s best-performing sector after posting substantial losses over the two prior sessions. Amid the choppy price action, two leading Wall Street experts recommended which tech names they see as solid bets. Apple and Microsoft, two of the three biggest gainers in the Dow Jones Industrial Average on…

  • Tech stocks lead Wall Street’s bounce after two-day slide

    Tech stocks lead Wall Street’s bounce after two-day slide

    [ad_1] (Reuters) – Wall Street climbed more than 1 percent on Friday following its worst two-day slide in eight months, with technology and other high-growth stocks leading a fight back. Traders work on the floor of the New York Stock Exchange (NYSE) in New York, U.S., October 11, 2018. REUTERS/Brendan McDermid Ten of the 11…

  • European stocks set to open slightly higher

    European stocks set to open slightly higher

    [ad_1] Global markets have been shaken by two consecutive sessions of losses in the U.S., with Asian equities mixed Friday on the back of a 500-point drop for the Dow Jones Industrial Average at the close of Thursday’s session. Traders have got increasingly nervous about the prospect of rising interest rates and a tightening Federal…

  • Retail reality may be good for consumers, but not stocks

    Retail reality may be good for consumers, but not stocks

    [ad_1] International Flavors & Fragrances’ $7.1 billion acquisition of Israeli flavors and ingredients company Frutarom will pay off in droves for the newly combined company, IFF Chairman and CEO Andreas Fibig told CNBC on Thursday. “What is fantastic is that right now, we have the largest and broadest customer base in our industry and we…

  • Cramer finds beaten-down tech stocks ripe for the picking

    Cramer finds beaten-down tech stocks ripe for the picking

    [ad_1] The “serious pain” seen across the stock market, especially in the technology sector, might be “horrifying,” but it shouldn’t discourage investors from starting to look for opportunities among the tech plays, CNBC’s Jim Cramer said Thursday. The tech-heavy Nasdaq Composite fell 1.25 percent in Thursday’s trading, briefly entering correction territory intraday. Wednesday marked the…

  • North American stocks slide lower, loonie down against U.S. dollar

    North American stocks slide lower, loonie down against U.S. dollar

    [ad_1] Canada’s main stock index hit a six-month low Thursday while U.S. stock markets suffered another sell-off day as investors are pricing in political and trade uncertainties they’ve long overlooked. The result is they have now woken up to issues that have existed for the last six to 12 months, says Kash Pashootan, CEO and…

  • Big bank stocks pummeled as market awaits third quarter numbers

    Big bank stocks pummeled as market awaits third quarter numbers

    [ad_1] Analysts said they will be listening closely to what executives say during earnings conference calls. J. P. Morgan’s CEO Jamie Dimon reports earnings first on Friday. “If Jamie and (CFO) Marianne Lake come out tomorrow and say, we’re cutting our loan-growth expectations because trade wars are starting to weigh on CEO confidence, and by…

  • Resist the urge to buy falling tech stocks

    Resist the urge to buy falling tech stocks

    [ad_1] Uncertainty around interest rates, fiscal policy, trade, and next month’s midterm elections mean it’s a good time for investors to be defensive, Elevation Partners co-founder Roger McNamee told CNBC on Thursday. “The economy is still strong, but there are an awful lot of signals out there that suggest that equity prices are going to…

  • Gene Munster predicts tech stocks will fall another 5%

    Gene Munster predicts tech stocks will fall another 5%

    [ad_1] “Brace yourself” for more selling in technology stocks, warns Gene Munster, top tech analyst turned venture capitalist. In Wednesday’s market rout, tech stocks led the way lower. The Nasdaq lost 4 percent, while the Dow Jones Industrial Average and S&P 500 tanked more than 3 percent. In premarket trading Thursday, Netflix, Amazon, Facebook, and…

  • A breakdown between stocks and bonds is game changer, Nick Colas warns

    A breakdown between stocks and bonds is game changer, Nick Colas warns

    [ad_1] Stock market investors may be facing a game changer. According to DataTrek co-founder Nick Colas, a key relationship between stocks and bonds has broken down, and it could greatly hurt nest eggs. His latest research shows that the two assets became positively correlated in September, a trend that’s rarely been seen over the past…

  • European stocks slump to 21-month low, Wall Street braces

    European stocks slump to 21-month low, Wall Street braces

    [ad_1] LONDON (Reuters) – European stocks slumped to a 21-month low on Thursday after Wall Street’s worst losses in eight months triggered a surge of global selling that also hit Asia and emerging markets. Losses in London .FTSE, Paris .FCHI and Milan .FTMIB were at nearly 2 percent ahead of what looked set to be…

  • Amazon, Netflix fall as tech stocks head for another brutal day

    Amazon, Netflix fall as tech stocks head for another brutal day

    [ad_1] Alex Wong | Getty Images Amazon CEO Jeff Bezos, founder of space venture Blue Origin and owner of The Washington Post, participates in an event hosted by the Air Force Association September 19, 2018 in National Harbor, Maryland. Technology stocks and other related names are set to head lower Thursday, after getting clobbered in…

  • Pullback in tech stocks spells anxiety for some, opportunity for others

    Pullback in tech stocks spells anxiety for some, opportunity for others

    [ad_1] Netflix and Amazon fell 8.3 percent and 6.1 percent Wednesday, respectively. The two stocks were down 2.4 percent and 2.1 percent, respectively, Thursday morning in premarket trading. But rising rates weren’t the only thing weighing on Zaccarelli’s mind Wednesday. “I’ve also spent most of the year thinking we’d get a trade deal with China,…

  • Stocks sell-off slams back into Europe

    Stocks sell-off slams back into Europe

    [ad_1] LONDON (Reuters) – European stocks slumped to a more than an 18-month low on Thursday after Wall Street’s worst losses in eight months triggered a surge of global selling that knocked over Asia too. A man is seen behind an electronic board displaying the Nikkei average and Japanese yen rate againt the U.S. dollar…

  • European stocks set to open sharply lower amid market sell-off

    European stocks set to open sharply lower amid market sell-off

    [ad_1] Around the world, equity markets have tumbled on the back of rising fears around global economic growth and rising interest rates. The International Monetary Fund warned earlier this week that simmering trade tensions, such as those between the U.S. and China, could lead to a “sudden deterioration in risk sentiment, triggering a broad-based correction…

  • Fundstrat’s Tom Lee sees a rally, so buy value stocks on the dip

    Fundstrat’s Tom Lee sees a rally, so buy value stocks on the dip

    [ad_1] Wall Street bull Tom Lee says take advantage of Wall Street’s worst day in months and buy value stocks. “It’s a dip where the [volatility index] has spiked, we’ve had basically a waterfall collapse, and we know that we’re going into this period where 74 percent of active managers are trailing their benchmark,” Lee…

  • Stocks making the biggest moves after hours: Square, Fluor and more

    Stocks making the biggest moves after hours: Square, Fluor and more

    [ad_1] Mike Segar | Reuters Jack Dorsey, CEO and co-founder of Twitter and founder and CEO of Square, speaks at the Consensus 2018 blockchain technology conference in New York City, New York. Check out the companies making headlines after the bell: Square stock tumbled 8 percent in after-hours trading following news that CFO Sarah Friar…

  • Tech stocks have their worst day since August 2011

    Tech stocks have their worst day since August 2011

    [ad_1] Nicholas Kamm | AFP | Getty Images Microsoft CEO Satya Nadella (C) listens to Amazon CEO Jeff Bezos during an American Technology Council roundtable at the White House in Washington, DC. Technology stocks got clobbered on Wednesday, suffering their worst day in more than seven years, as concerns over rising interest rates punished the…

  • Equities slide to three-month low as tech stocks plunge

    Equities slide to three-month low as tech stocks plunge

    [ad_1] NEW YORK (Reuters) – World equities slid to a three-month low on Wednesday and Wall Street fell more than 2 percent as technology shares tumbled on fears of slowing demand, while rising U.S. bond yields provided competition for high-riding stocks. Traders work on the floor of the New York Stock Exchange (NYSE) in New…

  • Tech stocks lead Wall St. slump as investors shun risk

    Tech stocks lead Wall St. slump as investors shun risk

    [ad_1] (Reuters) – Wall Street tumbled on Wednesday as investors dumped high-growth names such as technology and FAANG stocks, with rising Treasury yields and trade-related worries sapping risk appetite. Traders work on the floor of the New York Stock Exchange (NYSE) in New York, U.S., October 3, 2018. REUTERS/Brendan McDermid The S&P 500 and the…

  • Luxury stocks slide as Vuitton strength fails to quell China worries

    Luxury stocks slide as Vuitton strength fails to quell China worries

    [ad_1] PARIS (Reuters) – Robust appetite in the third quarter for Louis Vuitton handbags and other high-end goods sold by LVMH (LVMH.PA) failed to dispel fears of a looming slowdown in Chinese demand on Wednesday, as shares across the sector tumbled. FILE PHOTO: A woman with a Louis Vuitton-branded shopping bag looks towards the entrance…

  • U.S. bond yields near 7-year high stymie world stocks’ recovery

    U.S. bond yields near 7-year high stymie world stocks’ recovery

    [ad_1] LONDON (Reuters) – World stocks flatlined on Wednesday just above eight-week lows, curbed by U.S. long-dated borrowing costs near multi-year peaks, renewed fears for the global economy and the possibility of an Italy-EU clash over budget spending. FILE PHOTO: People walk past the London Stock Exchange Group offices in the City of London, Britain,…

  • European stocks set to open lower amid political uncertainty in Italy

    European stocks set to open lower amid political uncertainty in Italy

    [ad_1] Over in Asia, stocks followed the mixed sentiment on Wall Street, struggling to find direction amid fears over global economic growth. In the U.S., investors have been anxiously watching the debt markets, concerned by surging interest rates. However, bond yields were seen paring gains overnight, with U.S. 10-year and 30-year Treasury yields coming off…

  • Stocks making the biggest moves after hours: Nio, PPG and more

    Stocks making the biggest moves after hours: Nio, PPG and more

    [ad_1] Brendan McDermid | Reuters Bin Li, CEO of Chinese electric vehicle start-up NIO Inc., celebrates after ringing a bell as NIO stock begins trading on the floor of the New York Stock Exchange (NYSE) during the company’s initial public offering (IPO) at the NYSE in New York, September 12, 2018. Check out the companies…

  • European stocks find footing after Asia drops to 17-month low

    European stocks find footing after Asia drops to 17-month low

    [ad_1] LONDON (Reuters) – Europe battled to fend off a four-day losing streak for world stocks on Tuesday, after weary investors had seen Asia stumble to a 17-month low and bond markets hit by a fresh bout of selling. FILE PHOTO: The London Stock Exchange Group offices are seen in the City of London, Britain,…

  • European stocks set to open higher as Italy budget tensions rumble on

    European stocks set to open higher as Italy budget tensions rumble on

    [ad_1] European stocks are expected to open higher Tuesday, despite ongoing friction between Italy and the European Union (EU) over the former’s 2019 budget. Britain’s FTSE 100 was set to rise 7 points to 7,243; Germany’s DAX to move 36 points higher to 11,975; France’s CAC to edge up 17 points to 5,313; and Italy’s…

  • Asia stocks at 17-month low as China lets yuan slip

    Asia stocks at 17-month low as China lets yuan slip

    [ad_1] SYDNEY (Reuters) – Asian shares hit 17-month lows on Tuesday as China allowed its currency to slip past a psychological bulwark amid sharp losses in domestic share markets, a shift that pressured other emerging currencies to depreciate to stay competitive. FILE PHOTO: A China yuan note is seen in this illustration photo May 31,…

  • Asia stocks at 17-month low amid China concerns

    Asia stocks at 17-month low amid China concerns

    [ad_1] SYDNEY (Reuters) – Asian shares hit 17-month lows on Tuesday as investors fretted about everything from the Chinese economy, to trade wars, higher U.S. bond yields and political dysfunction in Europe. A man walks past an electronic board showing Japan’s Nikkei average outside a brokerage in Tokyo, Japan, October 1, 2018. REUTERS/Toru Hanai “Risk…

  • Stocks making big moves after hours Tesla, Edwards Lifesciences & more

    Stocks making big moves after hours Tesla, Edwards Lifesciences & more

    [ad_1] FilmMagic | HBO | Getty Images Elon Musk speaks on stage during the Westworld Featured Session during SXSW at Austin Convention Center on March 10, 2018 in Austin, Texas. Check out the companies making headlines after the bell: Tesla shares rose 1 percent in after-hours trading after investment firm Macquarie gave the automaker an…

  • China stocks stumble despite central bank liquidity support

    China stocks stumble despite central bank liquidity support

    [ad_1] SHANGHAI (Reuters) – Shares in Asia staggered on Monday as China’s markets stumbled despite its central bank moving to pump more liquidity into the broader economy, as worries grow of a sharp knock to growth from an escalating trade dispute with the United States. The People’s Bank of China (PBOC) on Sunday cut the…

  • Emerging market stocks’ descent to 17 month lows entices U.S. investors

    Emerging market stocks’ descent to 17 month lows entices U.S. investors

    [ad_1] NEW YORK (Reuters) – The steep decline in emerging market stocks since early this year are attracting some U.S. fund managers who think they may find long-term bargains amid the sell-off. FILE PHOTO: The JP Morgan Beijing office sign is pictured in Beijing, China, December 13, 2010. REUTERS/Jason Lee/File Photo Portfolio managers from Harding…

  • Are transportation stocks the market’s canary in a coal mine?

    Are transportation stocks the market’s canary in a coal mine?

    [ad_1] NEW YORK (Reuters) – The U.S. transportation sector, which many see as a proxy indicator of the economy’s health, has retreated 3.1 percent from its Sept. 14 record, hinting to some analysts that the longest bull market on record has entered its late stages. FILE PHOTO: A street sign for Wall Street is seen…

  • Restaurant stocks are poised to go higher, says Piper Jaffray

    Restaurant stocks are poised to go higher, says Piper Jaffray

    [ad_1] Carl D. Walsh | Getty Images A waiter carries a tray of food to patrons at the Bayside American Cafe in Portland, Oregon. Regan said specifically she likes momentum plays, including Darden Restaurants, McDonald’s and Shake Shack. However, she also likes recovery stories, such as Chipotle and Potbelly, and thinks the casual dining segment…

  • Stocks fall globally after U.S. jobs data, Treasury yields rise again

    Stocks fall globally after U.S. jobs data, Treasury yields rise again

    [ad_1] NEW YORK (Reuters) – Major world stock markets sank for a second straight day on Friday after strong U.S. jobs numbers signaled a continued tightening of the labor market and increased inflation pressures, while Treasury yields rose again to multi-year highs. The increase in U.S. non-farm payrolls slowed in September, likely from Hurricane Florence’s…

  • FANG stocks plummet from their highs, but one may be near a bottom

    FANG stocks plummet from their highs, but one may be near a bottom

    [ad_1] FANG got wrecked this week. Facebook, Amazon, Netflix, and Google parent Alphabet plummeted on Thursday, compounding weakness that has plagued the broader tech space. At least one of those names could have hit a bottom, according to Matt Maley, equity strategist at Miller Tabak. “The stock that I think could be compelling down here…

  • Rising U.S. bond yields hit global markets, Asian stocks wobble

    Rising U.S. bond yields hit global markets, Asian stocks wobble

    [ad_1] TOKYO (Reuters) – Asian shares wobbled on Friday after benchmark U.S. Treasury yields surged to a fresh seven-year high and strong economic data fanned concerns about inflation and the risk of faster-than-expected interest rate rises. FILE PHOTO: An electronic board showing the Nikkei share average is seen as market prices are reflected in a…

  • Rising U.S. bond yields hit global markets, Asian stocks fragile

    Rising U.S. bond yields hit global markets, Asian stocks fragile

    [ad_1] TOKYO (Reuters) – Asian shares were fragile on Friday after benchmark U.S. Treasury yields surged to a seven-year high and strong economic data fanned concerns about inflation and the risk of faster-than-expected interest rate rises. FILE PHOTO: An electronic board showing the Nikkei share average is seen as market prices are reflected in a…

  • Stocks making the biggest moves after hours: Tesla, Costco and more

    Stocks making the biggest moves after hours: Tesla, Costco and more

    [ad_1] FilmMagic | HBO | Getty Images Elon Musk speaks on stage during the Westworld Featured Session during SXSW at Austin Convention Center on March 10, 2018 in Austin, Texas. Check out the companies making headlines after the bell: Tesla stock dipped 2 percent in the extended session following a tweet by CEO Elon Musk…

  • Bank stocks the only sector to gain from rising rate fears

    Bank stocks the only sector to gain from rising rate fears

    [ad_1] Fears over rising interest rates dinged major stock market averages but benefited one sector that has been waiting to reap the benefits of higher yields. Financials were the only positive major sector Thursday on the S&P 500, with bank stocks the strongest performers. Specifically, community and regional institutions were the clear winners, as is…

  • Bond yields follow U.S. Treasuries sell-off globally, stocks sink

    Bond yields follow U.S. Treasuries sell-off globally, stocks sink

    [ad_1] NEW YORK (Reuters) – A sell-off in U.S. Treasuries pushed yields to multi-year peaks on Thursday as robust economic data and hawkish speeches by Federal Reserve officials stoked concerns about inflation, weighing on stock markets globally. Visitors are seen as market prices are reflected in a glass window at the Tokyo Stock Exchange (TSE)…

  • Dollar and global bonds track surge in Treasury yields, stocks sag

    Dollar and global bonds track surge in Treasury yields, stocks sag

    [ad_1] LONDON (Reuters) – A rise in U.S. Treasury yields to their highest levels since mid-2011 pulled global bond yields higher across the board and boosted the dollar on Thursday, while stocks sagged in response. Visitors are seen as market prices are reflected in a glass window at the Tokyo Stock Exchange (TSE) in Tokyo,…

  • Global bonds, dollar track U.S. yield surge, stocks downbeat

    Global bonds, dollar track U.S. yield surge, stocks downbeat

    [ad_1] LONDON (Reuters) – A rise in U.S. Treasury yields to their highest levels since mid-2011 pulled global bond yields higher across the board and boosted the dollar on Thursday, while stocks sagged in response. Visitors are seen as market prices are reflected in a glass window at the Tokyo Stock Exchange (TSE) in Tokyo,…

  • Oil falls as Saudi and Russia quietly agree output rise, U.S. stocks swell

    Oil falls as Saudi and Russia quietly agree output rise, U.S. stocks swell

    [ad_1] SINGAPORE (Reuters) – Oil prices on Thursday fell from four-year highs reached the previous session, pressured by rising U.S. inventories and after sources said Russia and Saudi Arabia struck a private deal in September to raise crude output. FILE PHOTO: A pumpjack brings oil to the surface in the Monterey Shale, California, U.S., April…

  • Dollar lifted by yield surge, Asia stocks slugged

    Dollar lifted by yield surge, Asia stocks slugged

    [ad_1] SYDNEY (Reuters) – The dollar notched an 11-month top on the yen on Thursday as stunningly strong U.S. economic data drove Treasury yields to their highest since mid-2011, while Asian stocks were pressured as borrowing costs rose at home. Visitors are seen as market prices are reflected in a glass window at the Tokyo…

  • These 3 conditions imply stocks will fall 40% plus in next bear market

    These 3 conditions imply stocks will fall 40% plus in next bear market

    [ad_1] Wall Street veteran Sam Stovall is warning stock investors the longest bull market on record will end with an epic meltdown. According to the CFRA chief investment strategist, it’s a side effect of an unprecedented business cycle. “Three conditions: Very long, very high, very expensive,” Stovall said Tuesday on CNBC’s “Futures Now.” “History would…

  • Stocks making the biggest moves after hours: Cloudera, Tilray and more

    Stocks making the biggest moves after hours: Cloudera, Tilray and more

    [ad_1] Michael Nagle | Bloomberg | Getty Images Tom Reilly, chief executive officer of Cloudera Inc., stands during the company’s initial public offering (IPO) on the floor of the New York Stock Exchange (NYSE) in New York. Check out the companies making headlines after the bell: Cloudera shares jumped more than 18 percent and Hortonworks…

  • These Dow stocks — including Goldman — win big when rates rise

    These Dow stocks — including Goldman — win big when rates rise

    [ad_1] Stephen Lam | Reuters Tim Cook, CEO of Apple, smiles during a demonstration of the newly released Apple products following the launch event at the Steve Jobs Theater in Cupertino, California, September 12, 2018. Interest rates are surging with the benchmark U.S. 10-year Treasury note yield hitting levels not seen in several years on…

  • Wall Street lifted by bank and tech stocks, robust ADP data

    Wall Street lifted by bank and tech stocks, robust ADP data

    [ad_1] (Reuters) – The Dow Jones Industrial Average hit a new high on Wednesday, leading gains in the three major Wall Street indexes, driven by a jump in financial and technology stocks and a robust monthly private payrolls report. FILE PHOTO: Traders work on the floor of the New York Stock Exchange (NYSE) in New…

  • Wall Street climbs with support from financials, tech stocks

    Wall Street climbs with support from financials, tech stocks

    [ad_1] (Reuters) – U.S. stocks rose on Wednesday, with the Dow Jones Industrial Average at an all-time high, driven by gains in financial and technology stocks. FILE PHOTO: Traders work on the floor of the New York Stock Exchange (NYSE) in New York, U.S., September 21, 2018. REUTERS/Brendan McDermid Ten of the 11 major S&P…

  • Worrying about these stocks is a waste of time

    Worrying about these stocks is a waste of time

    [ad_1] As the job market tightens, smaller businesses are being forced to simplify the hiring process to attract workers, Marty Mucci, the president and CEO of payroll and human resources outsourcing giant Paychex, told CNBC on Tuesday. “We are definitely seeing smaller businesses, mid-sized businesses that are starting to even waive some of the drug-testing…

  • Digital darling stocks are not necessarily riskier than blue chips

    Digital darling stocks are not necessarily riskier than blue chips

    [ad_1] The Dow stocks are trading at a sharp 38 percent discount, on a price to earnings multiple, at 15.9 times consensus for the next twelve months’ earnings, versus 25.5 times for the Nasdaq. However, the Nasdaq companies are expected to grow earnings 21 percent in the next year, compared to only 11 percent for…

  • Buy stocks like Adobe and VMware to ride out a trade war with China

    Buy stocks like Adobe and VMware to ride out a trade war with China

    [ad_1] David Paul Morris | Bloomberg | Getty Images People enter the Adobe Systems Inc. office in San Francisco, California. Goldman Sachs says there is still an investment strategy that can outperform even if the trade war with China gets worse. The firm recommended companies with strong and sustainable profit margins. On Monday, White House…

  • U.S. stocks flat as Italy worries weigh

    U.S. stocks flat as Italy worries weigh

    [ad_1] (Reuters) – U.S. stocks treaded water on Tuesday, pressured by worries of a euro zone breakup after anti-euro comments from an Italian lawmaker. Traders work on the floor of the New York Stock Exchange (NYSE) in New York, U.S., September 21, 2018. REUTERS/Brendan McDermid Italy would enjoy more favorable economic conditions outside of the…

  • Trump just helped stocks clear a key hurdle, Art Hogan says

    Trump just helped stocks clear a key hurdle, Art Hogan says

    [ad_1] Art Hogan sees the new deal to replace NAFTA as ammunition for his bull case. According to the B. Riley FBR chief market strategist, President Donald Trump helped U.S. stocks clear an important hurdle by resolving the North American trade issue because it makes a China trade deal more likely. “One of the biggest…

  • Global stocks turn tail as Italy angst grips Europe

    Global stocks turn tail as Italy angst grips Europe

    [ad_1] LONDON (Reuters) – Stocks fell worldwide and European assets sold off on Tuesday after anti-euro comments from an Italian lawmaker dented the single currency and sent Italy’s bond yields to multi-year highs. A boost to investors’ risk appetite from the new U.S.-Mexico-Canada trade pact proved short-lived with the MSCI world equity index falling back…

  • World stocks reverse course as Italy stress grips Europe again

    World stocks reverse course as Italy stress grips Europe again

    [ad_1] LONDON (Reuters) – World stocks went south and European assets sold off on Tuesday after anti-euro comments from an Italian party official weighed on the single currency and sent Italy’s bond yields up to multi-year highs. FILE PHOTO: Traders from BGC, a global brokerage company in London’s Canary Wharf financial centre react as European…

  • Asia stocks slip as NAFTA lift fades; oil near 4-year highs

    Asia stocks slip as NAFTA lift fades; oil near 4-year highs

    [ad_1] TOKYO (Reuters) – Asian stocks fell on Tuesday as the lift from an agreement that saved the North American free trade deal faded, with cautious views on the global economy curbing risk sentiment. FILE PHOTO: Men stand in front of an electronic board showing Japan’s Nikkei average outside a brokerage in Tokyo, Japan, October…

  • Asia stocks slip as NAFTA lift fades; oil near four-year highs

    Asia stocks slip as NAFTA lift fades; oil near four-year highs

    [ad_1] TOKYO (Reuters) – Asian stocks fell on Tuesday as the lift from an agreement that saved the North American free trade deal faded, with cautious views on the global economy curbing risk sentiment. FILE PHOTO: Men stand in front of an electronic board showing Japan’s Nikkei average outside a brokerage in Tokyo, Japan, October…

  • Japanese stocks stretch rally, oil up as markets soak up NAFTA deal

    Japanese stocks stretch rally, oil up as markets soak up NAFTA deal

    [ad_1] TOKYO (Reuters) – Asian stocks were steady on Tuesday as Japanese equities rose to a fresh 27-year high while crude oil prices were elevated in the afterglow of an agreement that salvaged a North American free trade deal. FILE PHOTO: Men stand in front of an electronic board showing Japan’s Nikkei average outside a…

  • ‘Think twice before you sell’ stocks competing with Amazon

    ‘Think twice before you sell’ stocks competing with Amazon

    [ad_1] Competing with Amazon isn’t always the kiss of death for a company. In fact, Amazon-induced stock declines can often be chances for investors to turn a profit, CNBC’s Jim Cramer said Monday. “In practice, Amazon’s often a lot less terrifying than it seems,” the “Mad Money” host said. “Amazon-induced sell-offs often turn out to…

  • Global stocks, Canadian dollar up on NAFTA deal, safe-haven assets hit

    Global stocks, Canadian dollar up on NAFTA deal, safe-haven assets hit

    [ad_1] NEW YORK (Reuters) – A pact between the United States and Canada to rescue the trilateral North American Free Trade Agreement with Mexico drove up global stock markets and the Canadian dollar on Monday, while weighing on safe-haven assets. FILE PHOTO: A Canadian dollar coin, commonly known as the “Loonie”, is pictured in this…

  • Canadian dollar, stocks rise after trade deal reached

    Canadian dollar, stocks rise after trade deal reached

    [ad_1] Toronto stocks and the Canadian dollar rose at the start of trading Monday after Canada secured a deal for a trilateral trade pact with the U.S. and Mexico. The TSX was up 80 points, or 0.5 per cent, to 16,154 at mid-morning, regaining ground it lost in the past month because of uncertainty around…

  • Chinese tech stocks like Tencent and Baidu could see recovery

    Chinese tech stocks like Tencent and Baidu could see recovery

    [ad_1] Just look at the growth and size of their businesses. Tencent grew 30 percent year-on-year in the second quarter of the year, Alibaba increased revenues 61 percent, while Baidu saw 32 percent growth. All of these business are expanding rapidly into new geographies and areas. Tencent’s massive games business continues to have traction despite…

  • Bank of America cracks down on penny stocks with purchase ban

    Bank of America cracks down on penny stocks with purchase ban

    [ad_1] Bank of America appears to be the first major wirehouse to restrict the purchase of penny stocks. While other firms have review processes for these riskier trades, it’s still possible to buy penny stocks at Morgan Stanley and UBS, according to people with knowledge of those firms’ policies. The move is the latest example…

  • Nikkei powers to 27-year high on strong dollar; regional stocks rise

    Nikkei powers to 27-year high on strong dollar; regional stocks rise

    [ad_1] SHANGHAI (Reuters) – Japan’s Nikkei touched a 27-year high on Friday, taking heart from a boost for the dollar after the U.S. Federal Reserve chairman said he did not expect a near-term recession. FILE PHOTO: Men exchange greetings in front of an electronic board displaying the Nikkei average outside a brokerage in Tokyo, Japan…

  • European stocks fall as political turmoil shakes up sentiment

    European stocks fall as political turmoil shakes up sentiment

    [ad_1] Trading in Europe appears to be following the downtrend moves seen in markets overseas. Stocks on Wall Street overnight closed lower, after new policy announcements were made by the U.S. central bank. On Wednesday, the Federal Open Market Committee (FOMC) hiked its benchmark interest rate by a quarter point; and went onto add that…

  • Asian shares advance as Chinese stocks extend recovery

    Asian shares advance as Chinese stocks extend recovery

    [ad_1] TOKYO (Reuters) – Asian shares pulled ahead on Wednesday, as Chinese markets extended their recovery to hit eight-week highs on receding fears about the trade war as well as hopes China’s weighting in the global benchmark will be increased. FILE PHOTO: A man walks past electronic boards showing Japan’s Nikkei average (L), the Dow…

  • Asian shares gain as Shanghai stocks extend recovery

    Asian shares gain as Shanghai stocks extend recovery

    [ad_1] TOKYO (Reuters) – Asian shares inched up on Wednesday, as Chinese stocks extended their recovery to hit eight-week highs on receding fears about the trade war as well as hopes China’s weighting in the global benchmark will be increased. FILE PHOTO: A man walks past electronic boards showing Japan’s Nikkei average (L), the Dow…

  • S&P 500 dips as chip stocks and utilities tumble

    S&P 500 dips as chip stocks and utilities tumble

    [ad_1] (Reuters) – The S&P 500 fell on Tuesday as chipmakers were dented by ratings downgrades and utilities declined ahead of an expected Federal Reserve interest rate hike, offsetting a boost from the energy sector. S&P 500 financials .SPSY, including interest-rate-sensitive bank stocks .BKX, dipped 0.38 percent ahead of the expected rise in interest rates…

  • Stocks making the biggest moves after hours: Nike, Cintas and more

    Stocks making the biggest moves after hours: Nike, Cintas and more

    [ad_1] Check out the companies making headlines after the bell: Nike stock fell as much as 4.5 percent in after-hours trading despite reporting first-quarter earnings numbers that beat on the top and bottom lines. The company posted earnings per share of 67 cents, higher than analysts’ estimates of 63 cents per share. Nike’s quarterly revenue…

  • Meet the banks that are leading the deal market for pot stocks

    Meet the banks that are leading the deal market for pot stocks

    [ad_1] Source: Dealogic Part of that has to do with the size of the deals — they’re still relatively small and don’t always capture the attention of the larger American banks. But even the bigger deals tend to be managed by Canadian firms, thanks to the lack of regulatory risk those firms face. While it’s…

  • Oil price above $80 lifts stocks, rate hikes expected

    Oil price above $80 lifts stocks, rate hikes expected

    [ad_1] NEW YORK (Reuters) – European shares climbed on Tuesday as oil prices above $80 a barrel lifted energy stocks, while U.S. stocks slid on losses in chipmakers and rate-sensitive shares ahead of an expected Federal Reserve interest rate hike. Traders work on the floor of the New York Stock Exchange (NYSE) in New York,…

  • Square payroll services mobile app sends ADP, PAYX stocks down

    Square payroll services mobile app sends ADP, PAYX stocks down

    [ad_1] Justin Tallis | AFP | Getty Images Jack Dorsey, CEO of Square, Chairman of Twitter and a founder of both, holds an event in London on November 20, 2014. Fintech firm Square is rolling its payroll services into a mobile app, and it’s sending payroll stocks like ADP and Paychex lower. It’s a mobile…

  • Oil above $80 lifts stocks, offsets trade and bond market chill

    Oil above $80 lifts stocks, offsets trade and bond market chill

    [ad_1] LONDON (Reuters) – European shares rose and Wall Street was set for a stronger open on Tuesday, as oil above $80 a barrel lifted energy shares, despite worries around the latest U.S.-China tariff round and central bank rate hikes. FILE PHOTO: Signage is seen outside the entrance of the London Stock Exchange in London,…

  • The time has come for pot stocks to deliver on the hype: Peter Armstrong

    The time has come for pot stocks to deliver on the hype: Peter Armstrong

    [ad_1] Pot company Tilray is showing the world why investing in cannabis is not for the faint of heart. The Nanaimo, B.C., company’s stock exploded last week. Its price doubled to $300 US per share in less than two days, becoming the most valuable cannabis company in the world before falling back below where it started the week.…

  • Stocks pressured as U.S.-China trade fight revives growth fears; oil elevated

    Stocks pressured as U.S.-China trade fight revives growth fears; oil elevated

    [ad_1] TOKYO (Reuters) – Asia stocks struggled on Tuesday as the latest round of U.S.-China tariffs revived fears the trade dispute would knock global growth, while crude oil was elevated near four-year highs after Saudi Arabia and Russia ruled out immediate production increases. A man looks at an electronic board showing Japan’s Nikkei average outside…

  • Stocks making the biggest moves after hours: CenturyLink, Arena &more

    Stocks making the biggest moves after hours: CenturyLink, Arena &more

    [ad_1] Check out the companies making headlines after the bell: CenturyLink shares fell about 4 percent in after-hours trading following news that CFO Sunit Patel has resigned from the telecom company, effective Sept. 28. VP of Finance Neel Dev will act as the interim CFO until a permanent replacement is found. Patel will join T-Mobile…

  • Don’t expect FANG stocks to keep carrying the rally: Larry Glazer 

    Don’t expect FANG stocks to keep carrying the rally: Larry Glazer 

    [ad_1] He also suggested sentiment in the market was getting out of hand. “Investors are starting to feel a little bit confident here. Maybe overconfident. Maybe almost little bit invincible. And, we’re starting to see some laziness creep into investment strategies,” said Glazer. “That laziness is precisely why at this moment we need the Honest…

  • Receding trade fears propel stocks to six-month peak

    Receding trade fears propel stocks to six-month peak

    [ad_1] NEW YORK (Reuters) – The U.S. dollar rebounded and world shares hit a six-month high on Friday after China’s moves to boost domestic consumption bolstered a rally driven by investor bets that the latest U.S.-China trade dispute was unlikely to dent global growth. Traders work on the floor of the New York Stock Exchange…

  • S&P, Dow touch record highs as tech stocks boost

    S&P, Dow touch record highs as tech stocks boost

    [ad_1] (Reuters) – The benchmark S&P 500 and the Dow Jones Industrial Average touched record highs on Friday, their second session in a row, boosted by gains in the technology and consumer discretionary sectors. Traders work on the floor of the New York Stock Exchange (NYSE) in New York, U.S., September 20, 2018. REUTERS/Brendan McDermid…

  • Receding trade fears help stocks hit six-month high

    Receding trade fears help stocks hit six-month high

    [ad_1] LONDON (Reuters) – World shares hit their highest levels in more than six months on Friday as investors took the view that the latest exchange of tariffs between the United States and China may be less damaging than initially feared. FILE PHOTO: Signage is seen outside the entrance of the London Stock Exchange in…

  • Ebbing trade worries push stocks to highest in over half a year

    Ebbing trade worries push stocks to highest in over half a year

    [ad_1] LONDON (Reuters) – World shares hit their highest levels in over six months on Friday, as investors gravitated to the view that the latest exchange of tariffs between the United States and China may be less damaging than initially feared. FILE PHOTO: Signage is seen outside the entrance of the London Stock Exchange in…

  • European stocks open higher as trade fears ease

    European stocks open higher as trade fears ease

    [ad_1] European stocks opened higher Thursday as investors shrugged off worries over the U.S.-China trade dispute. Britain’s FTSE 100 was 22 points higher, Germany’s DAX up 40 points and France’s CAC rising by 12 points, according IG data. Equities in Europe followed the positive sentiment globally, with Asian markets in the black on the back…

  • Asian stocks extend recovery, China rallies on stimulus hopes

    Asian stocks extend recovery, China rallies on stimulus hopes

    [ad_1] TOKYO (Reuters) – Asian stocks extended gains on Friday thanks to Wall Street scoring all-time highs, as investors gravitated to the view that the latest exchange of tariffs between the United States and China may be less damaging than initially feared. A man walks past an electronic stock quotation board outside a brokerage in…

  • Asian stocks extend recovery as trade worries take back seat

    Asian stocks extend recovery as trade worries take back seat

    [ad_1] TOKYO (Reuters) – Asian stocks extended gains on Friday after Wall Street’s S&P 500 set a new all-time high, while the dollar slipped as investors viewed Beijing’s and Washington’s fresh exchange of import tariffs as less harmful than initially feared. A man walks past an electronic stock quotation board outside a brokerage in Tokyo,…

  • Pot stocks feel like bitcoin last year

    Pot stocks feel like bitcoin last year

    [ad_1] Former Goldman Sachs macro trader Michael Novogratz sees a lot in common with the cannabis craze and last year’s record-setting crypto gains. For that reason, he’s betting against it. “The prices of cannabis stocks today feel like bitcoin and ethereum did in December of last year,” Novogratz, a closely bitcoin evangelist, said Thursday at…

  • Stocks hit new highs as trade worries ease, dollar slips

    Stocks hit new highs as trade worries ease, dollar slips

    [ad_1] NEW YORK (Reuters) – World stock markets rallied on Thursday, with the Dow and S&P 500 setting new highs, while the U.S. dollar slipped as investors viewed this week’s fresh U.S. and Chinese tariffs on imports as less harsh than initially feared. Traders work on the floor of the New York Stock Exchange (NYSE)…

  • S&P sector reshuffle may do little for telecom stocks

    S&P sector reshuffle may do little for telecom stocks

    [ad_1] (Reuters) – The S&P 500’s three-company telecommunications services index .SPLRCL is about to be folded into a much higher-profile group, but a brighter spotlight may not be enough to boost the stocks as investors continue to favor growth sectors. FILE PHOTO: The AT&T logo is seen on a monitor near traders on the floor…

  • Wall Street opens higher as tech stocks bounce back

    Wall Street opens higher as tech stocks bounce back

    [ad_1] (Reuters) – U.S. stocks rose at the open with the S&P 500 hitting a record high on Thursday, helped by a bounce back in technology stocks and relief that fresh U.S. and China tariffs were less damaging than feared. Traders work on the floor of the New York Stock Exchange (NYSE) in New York,…

  • What sector overhaul means for tech stocks, Wall Street

    What sector overhaul means for tech stocks, Wall Street

    [ad_1] NEW YORK (Reuters) – The most significant changes to Wall Street’s broad industry sectors since 1999 will take effect Monday, reclassifying many of the hot growth companies that have been nearly synonymous with the “tech” rally that has fueled the stock bull market. Facebook, Twitter, Netflix and Google logos are seen in this combination…

  • Stocks rally for a second day, setting aside trade fears

    Stocks rally for a second day, setting aside trade fears

    [ad_1] NEW YORK (Reuters) – World stock markets broadly rose for a second straight day on Wednesday, while safe-haven assets such as U.S. bonds and the Japanese yen slipped to multi-week lows on bets the ongoing U.S.-China trade spat would inflict less damage than feared. Traders work on the floor of the New York Stock…

  • Marijuana producer Tilray up another 50% as cannabis stocks blossom

    Marijuana producer Tilray up another 50% as cannabis stocks blossom

    [ad_1] Quickly becoming one of Wall Street’s most-followed stocks of 2018, Tilray posted its second-best day ever since its initial public offering on Tuesday after announcing approval from the Drug Enforcement Administration to import pot to the United States for medical research. The company’s U.S.-listed shares jumped 29 percent in the prior session with 19…

  • Midterms could be a boost for pot stocks, regardless of the winners

    Midterms could be a boost for pot stocks, regardless of the winners

    [ad_1] Marvin Joseph | Getty Images Hundreds of advocates for marijuana legalization rally and smoke pot outside the White House in Washington, D.C. Marijuana could be the real winner in upcoming midterm elections. Cowen’s Washington Research Group looked into a few potential outcomes for November and found that regardless of the political party in power,…

  • Global stocks rally for a second day, setting aside trade fears

    Global stocks rally for a second day, setting aside trade fears

    [ad_1] NEW YORK (Reuters) – World stock markets broadly rose for a second straight day on Wednesday, while safe-haven assets such as U.S. bonds and the Japanese yen slipped to multi-week lows, on bets the ongoing U.S.-China trade spat would inflict less damage than feared. A broker looks at a graph on his computer screen…

  • A 1980s-era inflation climate could strike stocks, Jack Ablin warns

    A 1980s-era inflation climate could strike stocks, Jack Ablin warns

    [ad_1] Veteran investor Jack Ablin is out with a new inflation call. He believes the U.S. is inching closer to an inflationary environment not seen since 1980 due to two chief factors: Federal Reserve policy and the trade war. “We’re starting to see some of it. For example, wage growth [is] trending towards 3 percent,…

  • World stocks bat aside trade war fears, rally for second day

    World stocks bat aside trade war fears, rally for second day

    [ad_1] LONDON (Reuters) – Global equities rallied for a second straight day on Wednesday while safe-haven assets such as U.S. bonds and the Japanese yen slipped to multi-week lows as investors bet the escalating U.S.-China trade spat would inflict less damage than feared. A broker looks at a graph on his computer screen on the…

  • Asia rises as stimulus hopes lift Chinese stocks amid trade row

    Asia rises as stimulus hopes lift Chinese stocks amid trade row

    [ad_1] TOKYO (Reuters) – Asian stocks rose across the board on Wednesday as expectations that Beijing would implement stimulus to soften the economic blow from the Sino-U.S. trade war helped Chinese shares rally. FILE PHOTO: People walk past an electronic board showing Japan’s Nikkei average outside a brokerage at a business district in Tokyo, Japan…

  • Asian stocks, U.S. Treasury yields climb as trade row fails to dent confidence

    Asian stocks, U.S. Treasury yields climb as trade row fails to dent confidence

    [ad_1] TOKYO (Reuters) – Asian stocks rose across the board and long-term U.S. Treasury yields hovered near four-month highs on Wednesday with investors looking past the latest escalation in the U.S.-China trade feud, seen by some market participants as less severe than expected. FILE PHOTO: People walk past an electronic board showing Japan’s Nikkei average…

  • Global stocks, U.S. bond yields rise as trade row fails to dent confidence

    Global stocks, U.S. bond yields rise as trade row fails to dent confidence

    [ad_1] TOKYO (Reuters) – Asian stocks rose and U.S. Treasury yields hovered near four-month highs on Wednesday, as investors looked past the latest escalation in the U.S.-China trade conflict, seen by some market participants as less severe than expected. FILE PHOTO: People walk past an electronic board showing Japan’s Nikkei average outside a brokerage at…

  • Stocks making the biggest moves after hours: Tilray, Fitbit and more

    Stocks making the biggest moves after hours: Tilray, Fitbit and more

    [ad_1] Check out the companies making headlines after the bell: Fitbit Inc stock fell nearly 2 percent during post-trading hours. The stock closed up 6.4 percent, after President Donald Trump announced on Monday that the $200 billion tariff on Chinese goods will avoid smartwatch makers and fitness trackers. Tilray Inc stock rose more than 5…

  • Global stocks rise as no harm seen in trade row, dollar gains

    Global stocks rise as no harm seen in trade row, dollar gains

    [ad_1] NEW YORK (Reuters) – Global equity markets rallied on Tuesday as the latest tit-for-tat U.S.-Chinese trade dispute was seen as barely denting world growth, while U.S. Treasury yields rose in anticipation the Federal Reserve will hike interest rates this year and next. Traders work on the floor of the New York Stock Exchange (NYSE)…

  • Economy shielding stocks from Trump trade war 

    Economy shielding stocks from Trump trade war 

    [ad_1] Oliver Contreras | Getty Images News | Getty Images President Donald Trump gestures during the Hispanic Heritage Month Celebration in the East Room of the White House on September 17, 2018 in Washington, DC. President Trump hosted the event to celebrate the heritage month with Hispanic leaders.  If those “fantastic fundamentals” slow down, which…

  • China could target US tech stocks in trade war

    China could target US tech stocks in trade war

    [ad_1] China could target U.S. tech stocks as part of the ongoing trade war, according to the top equity strategist at Goldman Sachs. Peter Oppenheimer told CNBC’s “Street Signs” on Tuesday that China may impose tariffs on industry components that could have an effect on supply chains. U.S.Technology firms could be first in the firing…

  • Stocks making the biggest moves after hours: Oracle, FedEx and more

    Stocks making the biggest moves after hours: Oracle, FedEx and more

    [ad_1] Check out the companies making headlines after the bell: Oracle shares fell more than 3 percent in after-hours trading after the release of its first quarter earnings report. The company reported their earnings per share as 71 cents, beating analysts’ estimates of 69 cents a share. However, it missed estimates for revenue, reporting $9.2…

  • New U.S. tariff threat on Chinese goods hits stocks, dollar

    New U.S. tariff threat on Chinese goods hits stocks, dollar

    [ad_1] NEW YORK (Reuters) – A gauge of global equity markets eased and the dollar slipped on Monday as investors took a dim view of an expected new round of tariffs from Washington on Chinese goods, which would escalate a simmering U.S.-Sino dispute over trade. U.S. President Donald Trump said he would announce his latest…

  • Pot stocks jump on news that Coke and Aurora plan to brew weed drink

    Pot stocks jump on news that Coke and Aurora plan to brew weed drink

    [ad_1] Jason Franson | Bloomberg | Getty Images An employee tends to marijuana plants at the Aurora Cannabis Inc. facility in Edmonton, Alberta, Canada, on Tuesday, March 6, 2018.  Marijuana stocks soared Monday after a report yet another beverage giant is looking to get into the industry — and this time it was the biggest…

  • Tech stocks rally disguises lagging performance of smaller shares 

    Tech stocks rally disguises lagging performance of smaller shares 

    [ad_1] Come Monday, the tech-heavy Nasdaq will try to kick-off its second positive week in a row. But it’s poised to do so without small cap tech and Chinese internet companies. According to veteran market watcher Nicholas Colas, much of Wall Street is mistakenly assuming that the technology sector’s big surge is broad-based. “It’s largely…

  • Tariffs threaten market-leading tech, consumer stocks

    Tariffs threaten market-leading tech, consumer stocks

    [ad_1] NEW YORK (Reuters) – U.S. technology and consumer discretionary stocks have been insulated from global trade tensions, but if another round of U.S. tariffs on Chinese goods goes into effect, even those high-flying sectors could come down to earth. FILE PHOTO: Traders work on the floor of the New York Stock Exchange (NYSE) in…

  • World stocks boosted by trade hopes, tech, and Turkey

    World stocks boosted by trade hopes, tech, and Turkey

    [ad_1] LONDON (Reuters) – World stocks hit their highest levels in over a week on Friday as expectations grew that the United States and China would open new trade talks, while an interest rate hike in Turkey supported the lira and global risk appetite. The German share price index DAX graph is pictured at the…

  • Trade hopes, tech, and Turkey bolster world stocks

    Trade hopes, tech, and Turkey bolster world stocks

    [ad_1] LONDON (Reuters) – Shares rose around the world on Friday as expectations grew that the United States and China would open new trade talks, while an interest rate hike in Turkey supported the lira and global risk appetite. The German share price index DAX graph is pictured at the stock exchange in Frankfurt, Germany,…

  • Stocks making the biggest moves after hours: Sears, Adobe and more

    Stocks making the biggest moves after hours: Sears, Adobe and more

    [ad_1] Check out the companies making headlines after the bell: Sears Holdings stock rose more than 16 percent in after-hours trading after the company released its quarterly earnings report. The company posted its smallest decline in same-store sales, 3.9 percent, in over 3 years. In the prior quarter, same-store sales declined 11.9 percent. Sears posted…

  • Stocks moving after hours: Pivotal Software, Progenics Pharmaceuticals

    Stocks moving after hours: Pivotal Software, Progenics Pharmaceuticals

    [ad_1] Michael Nagle | Bloomberg | Getty Images Pedestrians pass Pivotal Software Inc. signage displayed outside the New York Stock Exchange (NYSE) during the company’s initial public offering (IPO) in New York, U.S., on Friday, April 20, 2018.  Check out the companies making headlines after the bell: Pivotal Software shares tumbled more than 20 percent…

  • Chip stocks falling after Wall Street sees falling memory chip demand

    Chip stocks falling after Wall Street sees falling memory chip demand

    [ad_1] Semiconductor stocks are dropping Wednesday after Goldman Sachs warned about deteriorating memory chip demand. The firm lowered its rating to neutral from buy for shares of memory chipmaker Micron. “We see incrementally weaker demand datapoints combined with accelerating supply growth” in the fourth quarter and in the first half of next year, the firm’s…

  • Stocks struggle near three-week lows but no respite for emerging markets

    Stocks struggle near three-week lows but no respite for emerging markets

    [ad_1] LONDON (Reuters) – Fresh sparring between Washington and Beijing over trade kept up pressure on world markets on Wednesday, with equities struggling and emerging currencies mostly weaker, led by the Indian rupee hitting a record low. People walk through the lobby of the London Stock Exchange in London, Britain August 25, 2015. REUTERS/Suzanne Plunkett/File…

  • Asia stocks fall to 14-month lows as trade concerns simmer

    Asia stocks fall to 14-month lows as trade concerns simmer

    [ad_1] TOKYO (Reuters) – Asian stocks slipped to 14-month lows on Wednesday with investor confidence chilled by the latest round of verbal threats in an intensifying U.S.-China trade conflict. FILE PHOTO: A man walks in front of a screen showing today’s movements of Nikkei share average outside a brokerage in Tokyo, Japan, June 2, 2016.…

  • Asia stocks slip to 14-month lows on simmering trade worries

    Asia stocks slip to 14-month lows on simmering trade worries

    [ad_1] TOKYO (Reuters) – Asian stocks slipped to 14-month lows on Wednesday, as investor confidence was chilled by the latest round of verbal threats in an intensifying U.S.-China trade conflict. FILE PHOTO: A man walks in front of a screen showing today’s movements of Nikkei share average outside a brokerage in Tokyo, Japan, June 2,…

  • Chip stocks slump, as Apple gains ahead of iPhone announcement

    Chip stocks slump, as Apple gains ahead of iPhone announcement

    [ad_1] A good day for Apple would usually be a good day for chip stocks. But semiconductor stocks headed south, as Apple gained Tuesday, the day ahead of its much anticipated iPhone announcement. Apple was up 2.5 percent at $223.85, but the VanEck Vectors Semiconductor ETF was down 1.3 percent and the iShares PHLX Semiconductor…

  • Asia stocks wobble near 14-month lows on simmering trade worries

    Asia stocks wobble near 14-month lows on simmering trade worries

    [ad_1] TOKYO (Reuters) – Asian stocks were pinned near 14-month lows on Wednesday, as investor confidence was chilled by the latest round of verbal threats in an intensifying U.S.-China trade conflict. FILE PHOTO: A man walks in front of a screen showing today’s movements of Nikkei share average outside a brokerage in Tokyo, Japan, June…

  • Stocks making the biggest moves after hours: Sprint, Gilead and more

    Stocks making the biggest moves after hours: Sprint, Gilead and more

    [ad_1] Andrew Harrer | Bloomberg | Getty Images Pedestrians walk past a Sprint store in Washington, D.C. Check out the companies making headlines after the bell: Sprint stock dipped as much as 1.8 percent in after-hours trading after the Federal Communications Commission released a letter pausing the transaction clock for the proposed merger of Sprint…

  • Wall Street rises as Apple, energy stocks advance

    Wall Street rises as Apple, energy stocks advance

    [ad_1] NEW YORK (Reuters) – U.S. stocks rose on Tuesday as Apple Inc led a jump in technology shares and a gain of more than 2 percent in oil prices drove up energy shares. The Dow Jones Industrial Average rose 113.99 points, or 0.44 percent, to 25,971.06, the S&P 500 gained 10.96 points, or 0.38…

  • Stocks making the biggest moves after hours: Sonos, Nutanix and more

    Stocks making the biggest moves after hours: Sonos, Nutanix and more

    [ad_1] Check out the companies making headlines after the bell: Sonos stock plunged more than 13 percent in after-hours trading after reporting third-quarter earnings, the company’s first quarterly earnings report since its initial public offering in August. The smart speaker company reported $208 million in revenue, meeting analysts’ expectations. Sonos also reported a loss of…

  • Wall Street bull sees stocks continuing to rally, but watch inflation

    Wall Street bull sees stocks continuing to rally, but watch inflation

    [ad_1] Blackstone is predicting a market surge that could take out its S&P 500 year-end target earlier than expected. According to the firm’s investment strategist Joseph Zidle on CNBC’s “Futures Now,” there’s a high probability the index will break through 3000 within the next couple of months. “What we have left for the rest of…

  • S&P 500, Nasdaq end lower; tech stocks decline

    S&P 500, Nasdaq end lower; tech stocks decline

    [ad_1] NEW YORK (Reuters) – The S&P 500 and Nasdaq declined on Thursday as the possibility of more U.S. tariffs on Chinese imports loomed and as tech stocks stumbled on warnings from chipmakers and concerns about increased regulation of social media companies. Traders work on the floor of the New York Stock Exchange (NYSE) in…

  • European stocks sink amid trade concerns, emerging market turbulence

    European stocks sink amid trade concerns, emerging market turbulence

    [ad_1] On Wall Street, equities were little changed as tech stocks tried to recover from a steep sell-off in the previous session. C-level executives from social media giants Twitter and Facebook testified before Congress on Wednesday, with shares of both falling on the back of regulatory concerns. Traders also kept a close eye on the…

  • Wall Street takes a hit from chip, internet stocks

    Wall Street takes a hit from chip, internet stocks

    [ad_1] (Reuters) – The tech-heavy Nasdaq saw sharp declines on Thursday as internet stocks faltered for a second day on concerns about increased regulation, while warnings from Micron Technology and KLA Tencor led a slide in chip stocks. Traders work on the floor of the New York Stock Exchange (NYSE) in New York, U.S., August…

  • Micron, chip stocks plunge after Morgan Stanley warning

    Micron, chip stocks plunge after Morgan Stanley warning

    [ad_1] Morgan Stanley is doubling down on its pessimist view for semiconductor stocks, driving the whole sector lower Thursday. “Memory markets have worsened in recent weeks. For DRAM [memory chip], demand is weakening, inventory and pricing pressures are building, and vendors are struggling to move bits,” analyst Shawn Kim said in a note to clients…

  • World stocks fall for fifth straight day on trade fears

    World stocks fall for fifth straight day on trade fears

    [ad_1] LONDON (Reuters) – World shares fell for a fifth straight day on Thursday as investors braced for another escalation in a trade war between the United States and China, while emerging-market currencies paused near 15-month lows. The MSCI All-Country World Index, which tracks shares in 47 countries, was down 0.1 percent. Stocks in Europe…

  • Stocks making the biggest moves after hours: DocuSign, Cloudera & more

    Stocks making the biggest moves after hours: DocuSign, Cloudera & more

    [ad_1] Check out the companies making headlines after the bell: DocuSign shares dipped more than 3 percent in the extended session despite a better-than-expected quarterly earnings report. The stock later pared much of those losses. The San Francisco-based company reported earnings of 3 cents per share, higher than the 1 cent per share expected by…

  • Nasdaq slumps as Facebook, Twitter weigh on tech stocks

    Nasdaq slumps as Facebook, Twitter weigh on tech stocks

    [ad_1] (Reuters) – The Nasdaq tumbled on Wednesday, on pace for its biggest one-day drop in three weeks, as investors sold off technology stocks on concerns stemming from U.S. lawmakers grilling Twitter and Facebook executives over foreign efforts to tilt U.S. politics. Traders work on the floor of the New York Stock Exchange (NYSE) in…

  • Stocks fall, dollar up on trade tensions, emerging market woes

    Stocks fall, dollar up on trade tensions, emerging market woes

    [ad_1] TOKYO (Reuters) – Stock markets fell in Asia on Wednesday and the safe-haven dollar hovered near a two-week high as heightened worries over international trade conflicts and emerging market weakness curbed investors’ appetite for riskier assets. FILE PHOTO: People walk past an electronic board showing Japan’s Nikkei average outside a brokerage at a business…

  • Stocks fall, dollar supported as trade woes in spotlight

    Stocks fall, dollar supported as trade woes in spotlight

    [ad_1] TOKYO (Reuters) – Stock markets in Asia tracked their global peers lower while the safe-haven dollar hovered near a two-week high on Wednesday as heightened worries over international trade conflicts curbed investor appetite for riskier assets. FILE PHOTO: People walk past an electronic board showing Japan’s Nikkei average outside a brokerage at a business…

  • Global stocks sag, dollar broadly higher with trade in focus

    Global stocks sag, dollar broadly higher with trade in focus

    [ad_1] TOKYO (Reuters) – Asian stocks tracked their global peers lower while the safe-haven dollar was broadly higher on Wednesday as worries over persistent trade conflicts curbed investor appetite for riskier assets. FILE PHOTO: People walk past an electronic board showing Japan’s Nikkei average outside a brokerage at a business district in Tokyo, Japan August…

  • Stocks making the biggest moves after hours: RH, Caleres & more

    Stocks making the biggest moves after hours: RH, Caleres & more

    [ad_1] Check out the companies making headlines after the bell: RH shares dropped more than 4 percent after initially rising 6.5 percent during after-hours trading following the release of its second-quarter results. RH missed revenues estimates by $20 million, reporting sales of $641 million versus the $661 million expected by Wall Street. However, it beat…

  • Seagate, Western Digital shares plunge after Evercore ISI downgrades storage stocks due to pricing pressure

    Seagate, Western Digital shares plunge after Evercore ISI downgrades storage stocks due to pricing pressure

    [ad_1] Seagate and Western Digital shares will suffer from declining profit margins, according to Evercore ISI. The firm lowered its rating to underperform from in line for Seagate shares and reduced its rating to in line from outperform for Western Digital’s stock. Both companies sell hard drives and flash memory storage devices. “With topline likely…

  • September is usually the toughest month for stocks

    September is usually the toughest month for stocks

    [ad_1] The market’s so-called fear index is ticking up as we enter what’s historically been the rockiest month of the year for stocks. The CBOE Volatility Index, known as the VIX, rose 9.5 percent on Tuesday near a session high of 14.35. The index, which is used to measure expected volatility in the stock market…

  • World stocks slip for third day as trade, emerging market worries bite

    World stocks slip for third day as trade, emerging market worries bite

    [ad_1] LONDON (Reuters) – Global stock markets fell for a third straight day on Monday, hurt by worries over the escalation of trade disputes between world powers and a deepening sell-off across emerging market currencies. With U.S. markets closed for Labor Day, trading activity was generally subdued. European shares were largely flat .GDAXI .FCHI, although…

  • Asian stocks down for third session as trade, EM worries persist

    Asian stocks down for third session as trade, EM worries persist

    [ad_1] TOKYO (Reuters) – Asian stocks dropped for the third consecutive session on Monday, hit by worries over further escalation of the U.S-China trade war and unstable emerging market currencies. FILE PHOTO: Shipping containers, including one labelled “China Shipping,” are stacked at the Paul W. Conley Container Terminal in Boston, Massachusetts, U.S., May 9, 2018.…

  • Asian stocks dip on trade, emerging market woes

    Asian stocks dip on trade, emerging market woes

    [ad_1] TOKYO (Reuters) – Asian stocks dipped on Monday on worries about further escalation of the U.S-China trade war and unstable emerging market currencies. FILE PHOTO: Shipping containers, including one labelled “China Shipping,” are stacked at the Paul W. Conley Container Terminal in Boston, Massachusetts, U.S., May 9, 2018. REUTERS/Brian Snyder/File Photo MSCI’s broadest index…

  • China markets: Chinese investors expect turnaround in stocks

    China markets: Chinese investors expect turnaround in stocks

    [ad_1] Source: J.P. Morgan Asset Management One in three, or 33 percent, forecast gains of 5 to 15 percent. Slightly more, or 38 percent, expect global stock markets to rise by the same amount over the next 12 months, and a total of 67 percent predicted overall gains. The survey covered representatives from onshore fund…

  • Chart suggests stocks face heightened risk of 10-20% correction 

    Chart suggests stocks face heightened risk of 10-20% correction 

    [ad_1] The market may begin looking different after Labor Day. Even though stocks just completed a banner month, the Economic Cycle Research Institute’s Lakshman Achuthan is waving a warning flag. Achuthan believes there’s a heightened risk of a sell-off that could wipe out the recent all-time highs. He used a special chart of the S&P…

  • U.S. fund managers trim bank stocks on profit worries

    U.S. fund managers trim bank stocks on profit worries

    [ad_1] NEW YORK (Reuters) – U.S.-based mutual fund managers worried about the outlook for bank earnings have been trimming financial stocks from their portfolios, although some value-oriented portfolio managers and analysts said they still see attractive opportunities in the sector. Traders work on the floor of the New York Stock Exchange (NYSE) in New York,…

  • MSCI adds more mainland China stocks (A shares) to its indexes

    MSCI adds more mainland China stocks (A shares) to its indexes

    [ad_1] Despite global trade and tariff tensions, one of the world’s biggest indexers is pushing ahead with plans to include mainland China stocks in its indexes. That means investors in most global funds will be owning more China stocks in the next few years. It couldn’t come at a better time for China. The trade…

  • CarMax is Morgan Stanley’s top pick among US auto dealer stocks

    CarMax is Morgan Stanley’s top pick among US auto dealer stocks

    [ad_1] CarMax shares are poised to break out because of the company’s opportunity to capture more of the used car market, according to Morgan Stanley. The firm bumped CarMax to the number one spot on its rankings of U.S. auto dealers and reiterated its overweight rating for CarMax stock. “We see [CarMax] as a best…

  • Asian stocks bruised by Trump’s trade war threats

    Asian stocks bruised by Trump’s trade war threats

    [ad_1] TOKYO (Reuters) – Asian shares came under renewed pressure on Friday after reports U.S. President Donald Trump was preparing to step up a trade war with Beijing and ready to impose more tariffs on Chinese imports. FILE PHOTO: Pedestrians walk pass an electronic board showing the Japan’s Nikkei average (R) and other stock market…

  • Stocks making the biggest moves after hours: AOBC, LULU & more

    Stocks making the biggest moves after hours: AOBC, LULU & more

    [ad_1] Getty Images National Rifle Association members look over pistols in the Smith & Wesson display at the 146th NRA Annual Meetings & Exhibits on April 29, 2017 in Atlanta, Georgia. Check out the companies making headlines after the bell: American Outdoor Brands shares skyrocketed 20 percent in the extended session after a first-quarter earnings…

  • ‘Outright bullish’ money manager says to get into stocks ‘right now’

    ‘Outright bullish’ money manager says to get into stocks ‘right now’

    [ad_1] Earlier Thursday, President Donald Trump took a victory lap on the recent market rally, tweeting about financial market news being “better than anticipated.” He also promised “more good news is coming” for those who have “made a fortune” in markets. Trump tweet markets However, on Thursday, U.S. stocks snapped a four-day winning streak after…

  • U.S. stocks drop on China trade worries; Argentine peso roiled

    U.S. stocks drop on China trade worries; Argentine peso roiled

    [ad_1] NEW YORK (Reuters) – The rally in U.S. stocks came to a halt on Thursday on new concerns that the U.S.-Chinese trade dispute will intensify, while economic turmoil in Argentina and Turkey sent those countries’ currencies tumbling. Traders work on the floor of the New York Stock Exchange (NYSE) in New York, U.S., August…

  • Stocks could still surge 9 percent

    Stocks could still surge 9 percent

    [ad_1] “That upside consolidation phase tells me that we’re going to be above 3,000 probably by Thanksgiving and probably 3,100 to 3,200 by the end of the year,” Saut said. It’s unusual for Saut to issue price targets. But, he’s so confident stocks are heading even higher, he’s making an exception. “My father was a…

  • Asia stocks retreat; weakness in China outweighs NAFTA trade optimism

    Asia stocks retreat; weakness in China outweighs NAFTA trade optimism

    [ad_1] TOKYO (Reuters) – Asian stocks handed back earlier gains and fell on Thursday, FILE PHOTO: A man looks at an electronic stock quotation board outside a brokerage in Tokyo, Japan February 9, 2018. REUTERS/Toru Hanai with Chinese markets fixed firmly on risks from the China-U.S. trade war and taking little comfort from an apparent…

  • Asia stocks slip; weakness in China outweighs NAFTA trade optimism

    Asia stocks slip; weakness in China outweighs NAFTA trade optimism

    [ad_1] TOKYO (Reuters) – Asian stocks surrendered earlier gains and dipped on Thursday, FILE PHOTO: A man looks at an electronic stock quotation board outside a brokerage in Tokyo, Japan February 9, 2018. REUTERS/Toru Hanai with Chinese markets fixed firmly on risks from the Sino-U.S. trade war and taking little comfort from an apparent easing…

  • Asia stocks rise as trade optimism extends Wall Street’s bull run

    Asia stocks rise as trade optimism extends Wall Street’s bull run

    [ad_1] TOKYO (Reuters) – Asian stocks rose on Thursday as Wall Street hit record highs in the hope that the current North American Free Trade Agreement (NAFTA) negotiations will lead to a further easing of global trade tensions. FILE PHOTO: A man looks at an electronic stock quotation board outside a brokerage in Tokyo, Japan…

  • Stocks making the biggest moves after hours: Guess, Tronc & more

    Stocks making the biggest moves after hours: Guess, Tronc & more

    [ad_1] Check out the companies making headlines after the bell: Guess shares rose more than 11 percent during after-hours trading following an earnings beat for the second quarter. The clothing brand earned 36 cents per share, 4 cents higher than analysts’ estimates of 32 cents. The company also issued strong revenue guidance despite missing estimates…

  • World stocks slip as uncertainty over NAFTA nags

    World stocks slip as uncertainty over NAFTA nags

    [ad_1] LONDON (Reuters) – Global stocks eased on Wednesday on uncertainty over Canada’s position in NAFTA, and with investors also nervous ahead of a deadline for the next round of China-U.S. tariffs next week. FILE PHOTO: A worker walks in a container area at a port in Tokyo, Japan January 25, 2016. REUTERS/Toru Hanai/File Photo…

  • This trend-bucking pattern implies stocks will get a boost this fall

    This trend-bucking pattern implies stocks will get a boost this fall

    [ad_1] Investors may get a September to remember. CFRA chief investment strategist Sam Stovall sees the potential for powerful gains, even though September is an erratic month for the stock market. “Normally, September ends up being a down month,” he said Tuesday on CNBC’s “Futures Now.” “The average return was a minus 1 percent. But…

  • Global stocks slip as uncertainty over NAFTA nags

    Global stocks slip as uncertainty over NAFTA nags

    [ad_1] LONDON (Reuters) – Global stocks eased on Wednesday on uncertainty over Canada’s position in NAFTA, and with investors also nervous ahead of a deadline for the next round of China-U.S. tariffs next week. FILE PHOTO: A worker walks in a container area at a port in Tokyo, Japan January 25, 2016. REUTERS/Toru Hanai/File Photo…

  • Robinhood adds hundreds of new stocks to its trading app 

    Robinhood adds hundreds of new stocks to its trading app 

    [ad_1] Popular no-fee trading app Robinhood is ushering hundreds of global company stocks onto its platform, as firms like J.P. Morgan vie to compete using the same no-fee model. The Menlo Park-based start-up announced Tuesday that it is adding 250 American depositary receipts of companies from Japan, China, Germany, the U.K. and Canada. They will…

  • 3 reasons Trump’s impeachment wouldn’t sink stocks 

    3 reasons Trump’s impeachment wouldn’t sink stocks 

    [ad_1] President Donald Trump is a master showman. In his prior life as real estate developer and reality TV star, you couldn’t go a day without seeing his name in the tabloids. But taking full credit for the creation of wealth in America – and the ability of the stock market to function smoothly –…

  • Chinese stocks are down, but steel prices tell different economy story

    Chinese stocks are down, but steel prices tell different economy story

    [ad_1] Steel prices have diverged from China‘s falling stock market, indicating the world’s second-largest economy is more resilient than many fear. Stock investors have worried about slowing economic growth as Beijing tries to reduce its reliance on debt, especially in the face of rising trade tensions with the U.S. Steel prices, on the other hand,…

  • World stocks hit six-month high as NAFTA deal eases trade war fears

    World stocks hit six-month high as NAFTA deal eases trade war fears

    [ad_1] LONDON (Reuters) – World stocks rose to a six-month high on Tuesday, lifted by investor optimism that a U.S.-Mexico deal to overhaul the North American Free Trade Agreement will go some way to averting a global trade war. FILE PHOTO: A worker walks in a container area at a port in Tokyo, Japan January…

  • Stifel says buy small-cap stocks on improving business environment

    Stifel says buy small-cap stocks on improving business environment

    [ad_1] Small-cap stocks’ big run this year will keep going into year-end, according to Stifel. The firm is optimistic about smaller companies because of their strong financial performance and the benefits they got from tax reform. President Donald Trump signed the Republican tax overhaul in December, permanently lowering the corporate tax rate to 21 percent…

  • World stocks at highest in over two weeks, China’s yuan firms

    World stocks at highest in over two weeks, China’s yuan firms

    [ad_1] LONDON (Reuters) – World stock markets rose to their highest level in more than two weeks on Monday as reassuring comments from the U.S. Federal Reserve chief, an easing in trade war jitters and a bid by China’s central bank to stabilize the yuan lifted risk appetite. Signage is seen outside the entrance of…

  • Global stocks rally after speech by Fed’s Powell, oil prices surge

    Global stocks rally after speech by Fed’s Powell, oil prices surge

    [ad_1] NEW YORK (Reuters) – Global equity markets rose on Friday after Federal Reserve Chairman Jerome Powell said the U.S. central bank’s policies are best to keep the economy humming, spurring new highs on Wall Street, while oil surged on signs Iran sanctions may crimp worldwide supply. Traders work on the floor of the New…

  • Stocks up, S&P 500 reaches record closing high

    Stocks up, S&P 500 reaches record closing high

    [ad_1] NEW YORK (Reuters) – The benchmark S&P 500 index clinched its longest-ever bull market run on Friday, closing above its previous January high, as Federal Reserve Chairman Jerome Powell affirmed the U.S. central bank’s current pace of rate hikes. Traders work on the floor of the New York Stock Exchange (NYSE) in New York,…

  • Dollar downbeat ahead of Powell speech, stocks subdued

    Dollar downbeat ahead of Powell speech, stocks subdued

    [ad_1] LONDON (Reuters) – The dollar fell on Friday, set for its biggest weekly decline since March as markets braced for a speech by Federal Reserve chair Jerome Powell for hints on the direction of monetary policy, while a gauge of global stocks barely budged. FILE PHOTO: U.S. dollar notes are seen in this November…

  • US-listed Chinese stocks fall after Alibaba disappoints

    US-listed Chinese stocks fall after Alibaba disappoints

    [ad_1] Shares of major Chinese tech companies fell in New York trading after tech conglomerate Alibaba reported adjusted quarterly earnings that missed expectations. The company also warned in an earnings call that profit growth may slow in the near term due to investments in new businesses and consolidation of its Ele.me food delivery unit and…

  • Stocks making the biggest moves after hours: GPS, INTU and more

    Stocks making the biggest moves after hours: GPS, INTU and more

    [ad_1] Check out the companies making headlines after the bell on Thursday: Software solutions company Splunk rose more than 8 percent after the closing bell. The company reported earnings per share of 8 cents and total revenues of $388.3 million, up 39 percent year over year. Software revenues were $239.7 million, up 43 percent year…

  • U.S.-China tariffs, Trump woes weigh on world stocks

    U.S.-China tariffs, Trump woes weigh on world stocks

    [ad_1] LONDON (Reuters) – World stocks came under pressure on Thursday as new tariffs took effect in the U.S./China trade war and markets speculated about U.S. President Donald Trump’s position following legal rulings against two former advisers. FILE PHOTO: Traders work at their desks in front of the German share price index, DAX board, at…

  • Stocks making the biggest moves after hours: JWN, WSM and more

    Stocks making the biggest moves after hours: JWN, WSM and more

    [ad_1] Check out the companies making headlines after the bell on Wednesday: Synopsys rallied more than 4 percent after the closing bell after the company reported earnings and revenue that topped Wall Street’s expectations. The company, which derives more than half of its revenue from supplying electronic design automation software to chipmakers, posted EPS of…

  • Auto stocks drop on weak outlook from German tire maker, Trump threat

    Auto stocks drop on weak outlook from German tire maker, Trump threat

    [ad_1] Luke Sharrett | Bloomberg | Getty Images A worker loads automotive tires onto a conveyor belt at the Continental Tire Sumter plant distribution warehouse in Sumter, South Carolina. A fresh profit warning from the world’s second-largest automotive parts supplier is pressuring a number of auto-related stocks across Europe and the U.S. German-based Continental AG…

  • Facebook, Twitter must stop fake news before stocks fizzle: Jon Brod

    Facebook, Twitter must stop fake news before stocks fizzle: Jon Brod

    [ad_1] Social media stocks could top out if the major tech titans don’t figure out how to address the misinformation on their platforms, serial entrepreneur and former AOL executive Jon Brod told CNBC on Wednesday. “I don’t think we’ve reached peak social. I think these are very powerful platforms,” Brod said on CNBC’s “Squawk Alley.”…

  • Stocks making the biggest moves after hours: RRGB, URBN and more

    Stocks making the biggest moves after hours: RRGB, URBN and more

    [ad_1] Check out the companies making headlines after the bell on Tuesday: Red Robin Gourmet Burgers fell nearly 3 percent after the closing bell after the company reported earnings and revenue that missed Wall Street expectations. The hamburger restaurant posted adjusted earnings per share of 46 cents versus analyst projections of 48 cents; revenues totaled…

  • Marijuana stocks up after Ontario announces cannabis supply agreements

    Marijuana stocks up after Ontario announces cannabis supply agreements

    [ad_1] Some marijuana sector stocks are up slightly after Ontario announced supply agreements with 26 licensed producers in preparation for legalization of recreational pot this fall. Smaller producers which signed initial agreements with the Ontario Cannabis Store, which will be selling pot online starting on Oct. 17, saw bigger lifts in the volatile sector. Shares…

  • Elizabeth Warren bill would ban lawmakers from owning individual stocks

    Elizabeth Warren bill would ban lawmakers from owning individual stocks

    [ad_1] While Warren established from the outset that her bill aimed at problems beyond the current administration, Trump was still a central character in the speech. “The truth is, it’s insane that we have to beg the president of the United States to put the American people ahead of his own business interests. Insane,” she…

  • Hedge fund struggles due to Facebook’s plunge, bets against stocks

    Hedge fund struggles due to Facebook’s plunge, bets against stocks

    [ad_1] Christophe Morin/IP3 | Getty Images News | Getty Images Mark Zuckerberg, chief executive officer and founder of Facebook Inc. attends the Viva Tech start-up and technology gathering at Parc des Expositions Porte de Versailles on May 24, 2018 in Paris, France.  The so-called “smart money” hedge funds are dramatically underperforming this year. Goldman Sachs…

  • Online brokerage stocks sink on JP Morgan’s plan to offer free trading

    Online brokerage stocks sink on JP Morgan’s plan to offer free trading

    [ad_1] Online brokerage firms including Charles Schwab, TD Ameritrade and E-Trade sank Tuesday after CNBC reported J.P. Morgan Chase will offer a new digital investment app with free trading. Shares of Charles Schwab fell 2.6 percent, TD Ameritrade dropped 5.7 percent, and E-Trade declined 4.2 percent. J.P. Morgan will launch its new service next week.…

  • Here are the 10 stocks most loved by hedge funds 

    Here are the 10 stocks most loved by hedge funds 

    [ad_1] David Ryder | Bloomberg | Getty Images Satya Nadella, chief executive officer of Microsoft Corp., smiles during the Microsoft Developers Build Conference in Seattle, Washington, U.S., on Wednesday, May 10, 2017. Goldman Sachs says the stocks most owned by hedge funds have soundly outperformed the market over the last 17 years. The bank’s hedge…

  • Trump’s Fed attack sees dollar dive and stocks struggle

    Trump’s Fed attack sees dollar dive and stocks struggle

    [ad_1] LONDON (Reuters) – Critical comments by U.S. President Donald Trump about the country’s central bank held back some stocks on Tuesday, while the dollar fell for the fourth consecutive day in its worst spell since March. FILE PHOTO: A U.S. Dollar note is seen in this June 22, 2017 illustration photo. REUTERS/Thomas White/Illustration/File Photo…

  • Asian stocks up on hopes trade tensions ease, Trump comments hit dollar

    Asian stocks up on hopes trade tensions ease, Trump comments hit dollar

    [ad_1] TOKYO (Reuters) – Asian stocks rose on Tuesday, supported by hopes Beijing and Washington would dial back trade hostilities, though comments from the U.S. president about the yuan and Federal Reserve policy capped gains and weighed on the dollar. FILE PHOTO – Men walk past an electronic board showing market indices outside a brokerage…

  • Asia stocks capped, dollar droops following Trump comments

    Asia stocks capped, dollar droops following Trump comments

    [ad_1] TOKYO (Reuters) – Asian stocks were capped and the dollar dipped on Tuesday after U.S. President Donald Trump accused China and Europe of manipulating their currencies and said he was “not thrilled” with the Federal Reserve for hiking interest rates. FILE PHOTO – Men walk past an electronic board showing market indices outside a…

  • Stocks making the biggest moves after hours: FN, HTZ and more

    Stocks making the biggest moves after hours: FN, HTZ and more

    [ad_1] Check out the companies making headlines after the bell: Fabrinet shares surged more than 6 percent after the bell on the back of stronger-than-expected earnings. The electronics manufacturer posted quarterly earnings per share of 81 cents versus a Reuters estimate of 71 cents. CEO Seamus Grady said the results were driven in part by…

  • Global stocks edge higher as Turkey worries offset U.S.-China trade talks

    Global stocks edge higher as Turkey worries offset U.S.-China trade talks

    [ad_1] NEW YORK – Another steep decline in the Turkish lira on Friday pushed emerging market equities lower and kept other world markets cautious, overshadowing hopes that an upcoming U.S.-China meeting would resolve concerns over trade tariffs. Traders work on the floor of the New York Stock Exchange (NYSE) in New York, U.S., July 24,…

  • Nasdaq hit as chip stocks fall; defensive sectors prop up Dow, S&P

    Nasdaq hit as chip stocks fall; defensive sectors prop up Dow, S&P

    [ad_1] (Reuters) – Weak forecasts from Nvidia and Applied Materials hit chipmakers and dragged the Nasdaq lower on Friday, while the S&P 500 and Dow Industrials were kept afloat by gains in the defensive sectors such as telecoms and consumer staples. Specialist trader Meric Greenbaum works at his post on the floor of the New…

  • Stocks flat as Turkey worries offset U.S.-China trade talks

    Stocks flat as Turkey worries offset U.S.-China trade talks

    [ad_1] NEW YORK – Another steep decline in the Turkish lira on Friday pushed emerging market equities lower and kept other world markets cautious, overshadowing hopes that an upcoming U.S.-China meeting would relieve concerns over trade tariffs. Specialist trader Meric Greenbaum works at his post on the floor of the New York Stock Exchange (NYSE)…

  • Futures dip as weak forecasts hit chip stocks, lira slides

    Futures dip as weak forecasts hit chip stocks, lira slides

    [ad_1] (Reuters) – U.S. stock index futures dipped on Friday as dour forecasts from Applied Materials and Nvidia weighed on shares of chipmakers and a recovery in Turkey’s lira ran out of steam. Traders work on the floor of the New York Stock Exchange (NYSE) in New York, U.S., July 13, 2018. REUTERS/Brendan McDermid Shares…

  • Stocks advance on plans for U.S.-China trade talks; Turkish lira buckles

    Stocks advance on plans for U.S.-China trade talks; Turkish lira buckles

    [ad_1] LONDON (Reuters) – World stocks rose on Friday as news of plans for U.S.-China trade talks soothed nerves over their tariff war, while the recovery in Turkey’s lira ran out of steam. A share trader checks his screens at the stock exchange in Frankfurt, Germany October 2, 2017. REUTERS/Kai Pfaffenbach The MSCI All-Country World…

  • Stocks, emerging market currencies rise on planned U.S.-China trade talks

    Stocks, emerging market currencies rise on planned U.S.-China trade talks

    [ad_1] NEW YORK (Reuters) – U.S. stocks and emerging market currencies rebounded on Thursday after China said it will hold trade talks with the United States this month and Turkey’s lira continued its recovery. Traders work on the floor of the New York Stock Exchange (NYSE) in New York, U.S., July 16, 2018. REUTERS/Brendan McDermid…

  • Stocks making the biggest moves after hours: JWN, NVDA and more

    Stocks making the biggest moves after hours: JWN, NVDA and more

    [ad_1] Check out the companies making headlines after the bell: Shares of Nordstrom surged 11 percent after the company reported quarterly earnings and revenue that easily beat expectations. The retailer posted a quarterly profit of 95 cents a share on $4.07 billion in revenue. Analysts polled by Reuters had forecast a profit of 84 cents…

  • Emerging markets lead global stocks lower, commodities sink

    Emerging markets lead global stocks lower, commodities sink

    [ad_1] NEW YORK (Reuters) – Equities around the world took a dive led by emerging market stocks on Wednesday and commodities tumbled as investors looked for safety due to worries about China and Turkey. Oil and metal futures fell sharply and the dollar faded after hitting a 13-month high earlier in the day. While fears…

  • Stocks making the biggest moves after hours: csco ntap bby sptn

    Stocks making the biggest moves after hours: csco ntap bby sptn

    [ad_1] Eduardo Munoz Alvarez | Getty Images Traders work on the floor of the New York Stock Exchange (NYSE) on August 13, 2018 in New York City. The Turkish lira hit a record low on Monday, rattling global currency markets and falling 8 percent against the dollar.  Check out the companies making headlines after the…

  • U.S. stocks drop on downbeat earnings, trade tensions

    U.S. stocks drop on downbeat earnings, trade tensions

    [ad_1] NEW YORK, (Reuters) – Wall Street fell in a day of heavy trading on Wednesday with the S&P 500 posting its biggest percentage drop since late June as investors turned risk-averse on disappointing earnings and escalating global tariff worries. Chinese technology company Tencent Holdings Ltd (0700.HK) reported its first profit decline in almost 13…

  • Homebuilder and construction stocks enter bear market

    Homebuilder and construction stocks enter bear market

    [ad_1] Getty Images A sign advertising a sale sits outside a Lumber Liquidators store on April 29, 2015 in Chicago, Illinois. Stocks of major home construction companies fell on Wednesday, beleaguered by a slump in U.S. equity trading and a decline in homebuilder sentiment. Declines in Lumber Liquidators and American Woodmark pushed the Home Construction…

  • ‘Wild swings’ likely to rock US stocks in coming weeks: Wells Fargo

    ‘Wild swings’ likely to rock US stocks in coming weeks: Wells Fargo

    [ad_1] Wells Fargo Securities has a new message for investors: Hold on tight. Christopher Harvey, the firm’s head of equity strategy, believes the Turkey debt crisis will spark a crisis of confidence in the United States as earnings season winds down, and headline risks become front and center again. “You can start to have a…

  • Stocks, emerging currencies, lick wounds as lira bounces for second day

    Stocks, emerging currencies, lick wounds as lira bounces for second day

    [ad_1] LONDON (Reuters) – Action from Turkey’s central bank pushed the lira higher for a second day on Wednesday, helping European stocks and emerging currencies consolidate recent losses though the dollar ensconced at 13-month highs kept up the pressure on world markets. FILE PHOTO: FILE PHOTO: Turkish Lira banknotes are seen in this October 10,…

  • Asian stocks hit one-year low amid Turkey woes, bearish China equities

    Asian stocks hit one-year low amid Turkey woes, bearish China equities

    [ad_1] TOKYO (Reuters) – Asian stocks retreated to a one-year low on Wednesday as bearish Chinese markets worsened investor sentiment already hurt by Turkey’s financial crisis. Passersby using umbrellas struggle against a heavy rain and wind in front of an electronic stock quotation board as Typhoon Shanshan approaches Japan’s mainland in Tokyo, Japan August 8,…

  • Chinese investors are picking other assets over stocks

    Chinese investors are picking other assets over stocks

    [ad_1] Stocks still rank low on the popularity list for Chinese investors, while private funds are playing a larger role in the country’s asset management market — which many predict will soon become the world’s second largest. Mainland Chinese assets under management grew 22 percent last year to $4.2 trillion, outpacing growth of 13 percent…

  • Asian stocks retreat as Turkey worries weigh, dollar buoyant

    Asian stocks retreat as Turkey worries weigh, dollar buoyant

    [ad_1] TOKYO (Reuters) – Asian stocks retreated on Wednesday, failing to follow Wall Street’s gains, while the dollar was near a 13-month high as concerns about Turkey’s financial crisis weighed on investor appetite despite the lira’s move away from an all-time low. Passersby using umbrellas struggle against a heavy rain and wind in front of…

  • Asian stocks weaken as Turkey worries weigh, dollar stands tall

    Asian stocks weaken as Turkey worries weigh, dollar stands tall

    [ad_1] TOKYO (Reuters) – Asian stocks sagged on Wednesday, failing to track Wall Street’s gains and with the dollar near a 13-month high as concerns about Turkey’s financial crisis weighed on investor appetite, despite the lira’s move away from an all-time low. Passersby using umbrellas struggle against a heavy rain and wind in front of…

  • Stocks making the biggest moves after hours: EGN, TEVA & more

    Stocks making the biggest moves after hours: EGN, TEVA & more

    [ad_1] Michael Nagle | Bloomberg | Getty Images The New York Stock Exchange (NYSE) is reflected in a puddle in New York, U.S., on Monday, June 18, 2018.  Check out the companies making headlines after the bell: Energen surged more than 7 percent in after-hours trading after Diamondback Energy announced it was acquiring the oil…

  • Futures rise as Turkish lira rebounds, tech stocks gain

    Futures rise as Turkish lira rebounds, tech stocks gain

    [ad_1] (Reuters) – U.S. stock index futures inched higher on Tuesday as global markets bounced back from concerns of weakness in Turkish currency, with gains in technology stocks lifting sentiment. Traders work on the floor of the New York Stock Exchange (NYSE) in New York, U.S., July 24, 2018. REUTERS/Brendan McDermid After three weeks of…

  • Mark Cuban owns just a handful of stocks and ‘a whole lot of cash’

    Mark Cuban owns just a handful of stocks and ‘a whole lot of cash’

    [ad_1] Billionaire entrepreneur Mark Cuban told CNBC on Monday that he’s holding much more cash than he normally does because he’s concerned about the stock market and U.S debt levels. “I’m down to maybe four dividend-owning stocks, two shorts, and Amazon and Netflix. I’ve got a whole lot of cash on the sidelines,” Cuban said…

  • Stocks making the biggest moves after hours: SWCH, VIPS and more

    Stocks making the biggest moves after hours: SWCH, VIPS and more

    [ad_1] Check out the companies making headlines after the bell: Shares of Vipshop plunged nearly 10 percent after Monday’s close on the back of weaker-than-expected earnings and revenue for the second quarter. The Chinese e-commerce company reported a profit per share of 0.84 renminbi and sales of 20.74 billion renminbi. Analysts polled by Reuters expected…

  • Wall St. slips as Turkey’s currency worries hurt bank stocks

    Wall St. slips as Turkey’s currency worries hurt bank stocks

    [ad_1] (Reuters) – U.S. stock indexes fell on Monday as a plummeting Turkish lira weighed on shares of big U.S. lenders, but losses on the Nasdaq were limited by high-flying companies such as Apple and Amazon that hit record highs. Traders work on the floor of the New York Stock Exchange (NYSE) in New York,…

  • European bank stocks lose more ground as concerns on Turkey spread

    European bank stocks lose more ground as concerns on Turkey spread

    [ad_1] PARIS (Reuters) – Shares in Europe’s major banks lost further ground on Monday, as concerns about Turkey’s deepening currency crisis spread to other emerging markets. Unicredit bank logo is seen in the old city centre of Siena, Italy June 29, 2017. REUTERS/Stefano Rellandini The euro zone banking equity index .SX7E was down 1.6 percent,…

  • Samsung is one of the worst-performing major tech stocks this year

    Samsung is one of the worst-performing major tech stocks this year

    [ad_1] Samsung’s second quarter earnings showed the slowest quarterly profit growth in more than a year, partly because of sluggish smartphone sales. Revenue from the mobile division was down 22 percent year-on-year in the three months to June, which Samsung attributed to “lower-than-expected sales of the Galaxy S9,” the company’s flagship smartphone. The firm is…

  • Five indicators suggest stocks will break out to new highs

    Five indicators suggest stocks will break out to new highs

    [ad_1] Ablin had expected liquidity, the amount of money to borrow, spend and invest, to break down — but it never did. Instead, it has actually improved. “I thought was going to go negative about two months ago, but, remarkably, largely on the back of these earnings reports, I suppose, liquidity reversed course. We’re actually…

  • Stocks dive, euro falls, as Turkey turmoil ripples out

    Stocks dive, euro falls, as Turkey turmoil ripples out

    [ad_1] LONDON (Reuters) – A plummeting Turkish lira sent ripples through global equities and emerging markets on Friday, as rising fears of a wider fallout sent investors scurrying for the safety of assets such as the yen and U.S. government bonds. A vendor gets a five Euro bank note from a customer at the central…

  • Trade war threatens reign of luxury stocks

    Trade war threatens reign of luxury stocks

    [ad_1] LONDON/PARIS (Reuters) – An escalating trade war between the United States and China could abruptly end a glittering stock market run for luxury goods firms, with some investors already put off by lofty valuations in a sector powered by shoppers in the two countries. FILE PHOTO: A Chanel handbag for sale is displayed at…

  • Semiconductor stocks in Asia take a hit after Morgan Stanley downgrade

    Semiconductor stocks in Asia take a hit after Morgan Stanley downgrade

    [ad_1] SeongJoon Cho | Bloomberg | Getty Images Memory chips are seen on a Samsung Electronics memory module in this arranged photograph in Seoul, South Korea, on Thursday, July 26, 2018.  Major semiconductor sector stocks in Asia took a tumble on Friday after the industry was downgraded by Morgan Stanley. Shares of South Korea’s Samsung…

  • Stocks making the biggest moves after hours: Tesla, Overstock & more

    Stocks making the biggest moves after hours: Tesla, Overstock & more

    [ad_1] Ken James | Bloomberg | Getty Images An employee scans an order in the shipping area at the Overstock.com distribution center in Salt Lake City, Utah. Check out the companies making headlines after the bell: Tesla‘s stock rose more than 3 percent during after-hours trading after a CNBC report that the Tesla board plans…

  • Growth stocks rebound after sell-off, could signal more market gains

    Growth stocks rebound after sell-off, could signal more market gains

    [ad_1] Growth stocks have rebounded nicely after a steep three-day decline relative to value shares and this could lead to more gains in the broader stock market, according to data from Bespoke Investment Group. The S&P 500 Growth index is up 2.96 percent since July 31 through Wednesday’s close, compared with a gain of 0.75…

  • S&P 500, Dow end lower with drag from energy stocks

    S&P 500, Dow end lower with drag from energy stocks

    [ad_1] (Reuters) – The S&P 500 and Dow ended down slightly on Thursday as gains in Apple (AAPL.O) and Amazon (AMZN.O) were offset by losses in energy shares. Traders work on the floor of the New York Stock Exchange (NYSE) in New York, U.S., July 18, 2018. REUTERS/Brendan McDermid The Dow Jones Industrial Average .DJI…

  • Europe’s stocks wilt; U.S. sanctions slam Russia’s ruble

    Europe’s stocks wilt; U.S. sanctions slam Russia’s ruble

    [ad_1] LONDON (Reuters) – European stock markets struggled on Thursday with trade war worries, Russia’s ruble tumbled after the United States imposed fresh sanctions on the country and Turkey’s lira dropped to a new low. FILE PHOTO: A woman holds new 200 and 2,000 rouble banknotes in a bank in Moscow, Russia November 21, 2017.…

  • European stocks mixed; traders monitor US-China trade row, earnings

    European stocks mixed; traders monitor US-China trade row, earnings

    [ad_1] European stocks are set for a mixed open Thursday morning amid a deepening U.S.-China trade dispute and a flurry of corporate earnings. Britain’s FTSE 100 was seen 34 points higher at 7,766, the German DAX 2 points lower at 12,623, France’s CAC 40 flat and the Italian FTSE MIB down 15 points, according to…

  • Stocks making the biggest moves after hours: Yelp, Roku & more

    Stocks making the biggest moves after hours: Yelp, Roku & more

    [ad_1] Check out the companies making headlines after the bell: Yelp‘s stock jumped more than 11 percent in the extended session after the company reported strong second-quarter results. The San Francisco-based company beat estimates for its top and bottom lines, reporting earnings of 12 cents per share and revenues of $235 million. Wall Street expected…

  • Stocks could plunge 20 to 30 percent next year: Ned Davis Research

    Stocks could plunge 20 to 30 percent next year: Ned Davis Research

    [ad_1] The bulls may be treading water. According to Ned Davis Research’s Ed Clissold, there’s a high probability a record year-end rally will give way to a painful 2019. “You could be looking at the first 20 percent-plus decline in the S&P since the financial crisis,” the firm’s chief U.S. strategist said Tuesday on CNBC’s…

  • S&P closes in on record as tech stocks climb

    S&P closes in on record as tech stocks climb

    [ad_1] (Reuters) – The benchmark S&P 500 was within striking distance of a record high on Tuesday, powered by gains in technology stocks, with a strong second-quarter earnings season fueling optimism about the strength in the U.S. economy. A trader works on the floor of the New York Stock Exchange shortly after the opening bell…

  • European stocks higher; Commerzbank, Deutsche Post earnings due

    European stocks higher; Commerzbank, Deutsche Post earnings due

    [ad_1] European futures traded slightly higher in premarket trade Tuesday, as investors kept a close eye on trade tension and earnings. Britain’s FTSE 100 was up almost 10 points at 7,668, while the German DAX rose nearly 29 points to 12,613, France’s CAC 40 inched up 13 points to 5,483 and the Italian FTSE MIB…

  • Asian stocks struggle as trade anxiety weighs

    Asian stocks struggle as trade anxiety weighs

    [ad_1] TOKYO (Reuters) – Asian stocks wobbled on Tuesday as simmering worries over the U.S.-China trade conflict offset positive leads from earnings-led gains on Wall Street. People walk past an electronic board showing Japan’s Nikkei average outside a brokerage in Tokyo, Japan, March 23, 2018. REUTERS/Toru Hanai/File Photo MSCI’s broadest index of Asia-Pacific shares outside…

  • Asian stocks flat as trade woes offset earnings-led Wall Street gains

    Asian stocks flat as trade woes offset earnings-led Wall Street gains

    [ad_1] TOKYO (Reuters) – Asian stocks were largely steady on Tuesday, with worries over the U.S.-China trade conflict offsetting support from earnings-led gains on Wall Street. People walk past an electronic board showing Japan’s Nikkei average outside a brokerage in Tokyo, Japan, March 23, 2018. REUTERS/Toru Hanai/File Photo MSCI’s broadest index of Asia-Pacific shares outside…

  • Stocks making biggest moves after hours: TWLO, Z & more

    Stocks making biggest moves after hours: TWLO, Z & more

    [ad_1] Brendan McDermid | Reuters A banner for communications software provider Twilio hangs on the facade of the New York Stock Exchange to celebrate the company’s IPO in New York City, June 23, 2016. Check out the companies making headlines after the bell: Twilio stock rocketed 16 percent in after-hours trading. The cloud communications company…

  • Stocks in U.S. lift on strong earnings as trade fight caps gains

    Stocks in U.S. lift on strong earnings as trade fight caps gains

    [ad_1] Stock markets lifted on Monday after strong corporate earnings helped Wall Street close higher, but a tariff dispute between the United States and China limited gains in equities while boosting the dollar and helping keep Treasury yields lower. Sterling dropped to an 11-month low after the British trade minister warned that the nation was…

  • Asian stocks trim gains as China, Japan swing to red, trade fears weigh

    Asian stocks trim gains as China, Japan swing to red, trade fears weigh

    [ad_1] SYDNEY (Reuters) – Asian shares pared gains on Monday as Chinese stocks swung into negative territory, dragged lower by the escalating Sino-U.S. trade war, though Beijing’s efforts to stop sharp declines in the yuan helped support the currency. Men walk past an electronic board showing market indices outside a brokerage in Tokyo, Japan, March…

  • Tech stocks should be a portfolio favorite: Deutsche Bank

    Tech stocks should be a portfolio favorite: Deutsche Bank

    [ad_1] Investors may be tempted to steer clear of tech stocks after recent steep losses, but that weakness hasn’t shaken Deutsche Bank’s confidence in the sector. On July 26, the tech-heavy Nasdaq Composite dropped more than 1 percent as Facebook posted its worst day ever. One day later, the index dropped 1.46 percent, with shares…

  • Asian stocks cheer move by China’s central bank, but trade war weighs

    Asian stocks cheer move by China’s central bank, but trade war weighs

    [ad_1] SYDNEY (Reuters) – Stocks across Asia advanced on Monday as China’s efforts to stop sharp declines in its currency and capital flight supported wider sentiment in the region, although the escalating Sino-U.S. trade conflict has capped gains. Men walk past an electronic board showing market indices outside a brokerage in Tokyo, Japan, March 2,…

  • Asian stocks gain on move by China’s central bank, but trade war weighs

    Asian stocks gain on move by China’s central bank, but trade war weighs

    [ad_1] SYDNEY (Reuters) – Asian stocks rose on Monday after China’s central bank took steps to try to drag the yuan away from 14-month lows, but the tit-for-tat conflict over Sino-U.S. trade hung heavily on markets. Men walk past an electronic board showing market indices outside a brokerage in Tokyo, Japan, March 2, 2016. REUTERS/Thomas…

  • Federated Investors’ Wall Street bull sees stocks selling off soon

    Federated Investors’ Wall Street bull sees stocks selling off soon

    [ad_1] One of the market’s biggest bulls is on sell-off watch. Federated Investors’ portfolio manager Steve Chiavarone sees a 5 to 8 percent drop in stocks before summer ends. And, he thinks it may have already started. “We’ve taken a few chips off the table,” the portfolio manager said Friday on CNBC’s “Trading Nation,” and…

  • Upbeat earnings lift stocks as trade fears cap gains and pressure dollar

    Upbeat earnings lift stocks as trade fears cap gains and pressure dollar

    [ad_1] NEW YORK (Reuters) – Stocks around the world advanced on Friday on strong earnings, with consumer staples results boosting Wall Street, though a trade spat between the United States and China along with weaker-than-expected U.S. jobs numbers capped gains and weighed on the dollar. FILE PHOTO: Traders work on the floor of the New…

  • Asian stocks capped, dollar hits 2-week peak as trade war dents confidence

    Asian stocks capped, dollar hits 2-week peak as trade war dents confidence

    [ad_1] TOKYO (Reuters) – Asian stocks inched up on Friday, following a tech-led rise on Wall Street, although the latest exchange of trade threats between Beijing and Washington limited gains and drove safehaven flows to the dollar, which brushed a two-week high. FILE PHOTO: Employees of a foreign exchange trading company work near monitors broadcasting…

  • Asia stocks capped, dollar at two-week high as trade war dents confidence

    Asia stocks capped, dollar at two-week high as trade war dents confidence

    [ad_1] TOKYO (Reuters) – Asian stocks inched on Friday following a tech-led rise on Wall Street, although the latest exchange of trade threats between Beijing and Washington capped gains and drove safehaven flows to the dollar, which hovered near a two-week high. FILE PHOTO: Employees of a foreign exchange trading company work near monitors broadcasting…

  • Asia stocks restrained, dollar at 2-week high as trade war saps confidence

    Asia stocks restrained, dollar at 2-week high as trade war saps confidence

    [ad_1] TOKYO (Reuters) – Asian stocks were steady on Friday, with gains from the tech-led rise on Wall Street capped by the latest exchange of trade threats between Beijing and Washington, while safehaven flows lifted the dollar to a two-week high. FILE PHOTO: Employees of a foreign exchange trading company work near monitors broadcasting TV…

  • Don’t own the stocks of companies fending off competition

    Don’t own the stocks of companies fending off competition

    [ad_1] Investors have to be wary of companies that are facing cutthroat competition in their industries, CNBC’s Jim Cramer said on Thursday. “Competition may be the lifeblood of capitalism, but it is an anathema to making money,” the “Mad Money” host warned. “As an investor, you want to own companies with as little competition as…

  • Stocks making the biggest moves after hours: GPRO, AIG & more

    Stocks making the biggest moves after hours: GPRO, AIG & more

    [ad_1] Check out the companies making headlines after the bell: GoPro shares rose as much as 10 percent before giving up most of its gains in the extended session after reporting smaller-than expected losses for its second quarter. The camera tech company reported a loss of 15 cents per share versus the loss of 22…

  • The time is now right for a rotation out of growth stocks, asset manager says

    The time is now right for a rotation out of growth stocks, asset manager says

    [ad_1] The prices of so-called growth and momentum stocks have become too high and it’s now time to look at value-based equities, according to one expert. Thomas Moore, the ‎investment director at Aberdeen Standard Investments, told “Squawk Box Europe” Thursday that the premium being paid for companies with decent growth potential is higher that it…

  • Bond yields, stocks fall as trade fears spread to Europe

    Bond yields, stocks fall as trade fears spread to Europe

    [ad_1] LONDON (Reuters) – Fears of an escalating trade dispute between the United States and China spread from Asian markets to Europe on Thursday, triggering a fall in bonds yields and stocks, particularly among exporters. FILE PHOTO: The London Stock Exchange Group offices are seen in the City of London, Britain, December 29, 2017. REUTERS/Toby…

  • Stocks making the biggest moves after hours: TSLA, TRIP & more

    Stocks making the biggest moves after hours: TSLA, TRIP & more

    [ad_1] Tesla stock rose more than 5 percent during after-hours trading following a revenue beat for its second quarter earnings and as the company reassured investors that it will be profitable in the second half of the year. The electric automaker reported $4 billion in revenue for the quarter, beating Wall Street estimates of $3.92…

  • Apple investors should thank Trump’s tax cuts for the stock’s record high

    Apple investors should thank Trump’s tax cuts for the stock’s record high

    [ad_1] Zach Gibson | Bloomberg | Getty Images President Donald Trump, right, speaks as Tim Cook, chief executive officer of Apple Inc., listens during the American Technology Council roundtable hosted at the White House in Washington, D.C. Wall Street is buzzing over Apple’s strong earnings results, driving its shares to a new all-time high. But…

  • World stocks slip, dollar rallies as trade war fears return

    World stocks slip, dollar rallies as trade war fears return

    [ad_1] LONDON (Reuters) – World stocks fell and the dollar strengthened on Wednesday on fears of an imminent escalation in the U.S.-China tariff war, although strong corporate earnings eased investor concerns about a recent sell-off in the tech sector. FILE PHOTO: A trader sits in front of the computer screens at his desk at the…

  • Stocks making the biggest moves after hours: AAPL, P & more

    Stocks making the biggest moves after hours: AAPL, P & more

    [ad_1] Check out the companies making headlines after the bell: Apple shares rose more than 3 percent during after-hours trading, following a third quarter earnings report that beat Wall Street estimates. The tech giant reported earnings per share of $2.34, beating analysts’ expectations of $2.18 per share. It also reported strong numbers for revenue of…

  • European stocks higher; report says US, China to restart trade talks

    European stocks higher; report says US, China to restart trade talks

    [ad_1] Market sentiment had been dented by economic data showing the euro area grew only 0.3 percent in the second quarter of the year from the first quarter. According to the region’s statistical office, this was due to concerns over international trade amid higher tariffs and barriers. In terms of inflation, prices rose 2.1 percent…

  • AMD outperforming chip stocks, but the move could fade

    AMD outperforming chip stocks, but the move could fade

    [ad_1] Shares of Advanced Micro Devices are on fire this year, but some traders and strategists are wary about stepping into the name after its hefty 91 percent rally. AMD is the top-performing stock in the S&P 500’s semiconductor industry group this year, outpacing peers like Micron, Nvidia and Texas Instruments by a wide margin.…

  • Financial advisors say buy tech stocks during the dip

    Financial advisors say buy tech stocks during the dip

    [ad_1] Mark Zuckerberg, founder and chief executive officer of Facebook Inc., smiles during a news conference at the company’s headquarters in Palo Alto, California, U.S., on Wednesday, Oct. 6, 2010. But some value investors, such as Christian Bertelsen, are using the opportunity to add more tech stocks to their portfolios. “Facebook is getting into my…

  • Stocks making the biggest moves after hours: AKS, TXRH & more

    Stocks making the biggest moves after hours: AKS, TXRH & more

    [ad_1] Check out the companies making headlines after the bell: AK Steel plummeted more than 8 percent during after-hours trading on Monday, after missing second quarter earnings estimates. The company reported earnings of 18 cents per share, missing Wall Street estimates of 20 cents. Its reported revenues were in line with expectations at $1.75 billion…

  • Top tech stocks lose $80 billion in value

    Top tech stocks lose $80 billion in value

    [ad_1] After leading the stock market’s rally to new heights this year, shares of technology companies plunged on Monday, with the 10 most valuabe U.S. tech companies losing $82.7 billion of value. Amazon fell by $18.6 billion and Microsoft by $17.7 billion. Among the 10 highest valued companies in the sector, only Intel rose on…

  • Don’t let the Facebook blow-up scare you out of tech stocks

    Don’t let the Facebook blow-up scare you out of tech stocks

    [ad_1] Investors should not let Facebook‘s earnings disaster last week scare them out of the entire technology sector, Goldman Sachs’ David Kostin says. “While FB’s decline [last] week highlights the risk inherent in a narrow-breadth market, market performance in its wake supports our strategic preference for Technology and growth stocks,” Kostin, the bank’s chief U.S.…

  • Tech stocks pull down equity markets, euro gains

    Tech stocks pull down equity markets, euro gains

    [ad_1] NEW YORK (Reuters) – The dollar slipped against the euro on Monday ahead of key central bank monetary policy meetings this week and a gauge of global equity markets fell, pulled down by a slide in U.S. technology heavyweights. Most major currencies stuck to narrow trading ranges as the Bank of Japan ends a…

  • World stocks dip before central bank test; Japan bonds down

    World stocks dip before central bank test; Japan bonds down

    [ad_1] MILAN (Reuters) – World stocks fell and the dollar steadied on Monday as a busy week of central bank meetings and company updates started. Japanese government bonds sold off before possible monetary policy tweaks. A man looks at an electronic board showing market indices outside a brokerage in Tokyo, Japan, March 2, 2016. REUTERS/Thomas…

  • Economy, dollar, trade key to U.S. stocks’ global edge

    Economy, dollar, trade key to U.S. stocks’ global edge

    [ad_1] NEW YORK (Reuters) – The ability of the U.S. stock market to keep an edge this year over equities elsewhere in the world hinges on the United States maintaining its economic and earnings growth advantage, the strength of the dollar and how global trade tensions resolve, investors said. People walk by a Wall Street…

  • Divergence in FAANG stocks over the next 6 to 12 months

    Divergence in FAANG stocks over the next 6 to 12 months

    [ad_1] Large-cap tech stocks as a whole may not be as safe of a bet for investors going forward, leading analyst-turned-venture capitalist Gene Munster told CNBC on Friday. “I think we’re going to see in the next six to 12 months a divergence in the FAANG,” the founder of Loup Ventures said in a “Squawk…

  • Stocks fall as Intel and Twitter lead tech rollover

    Stocks fall as Intel and Twitter lead tech rollover

    [ad_1] “While we may be late in the game when it comes to our economic expansion, we’re likely not in the last inning, and I think we see that in today’s numbers,” said Mike Loewengart, vice president of investment strategy at E-Trade. “Sure the trade war has begun to take its toll, but our economic…

  • Global stocks gain as trade tensions ebb

    Global stocks gain as trade tensions ebb

    [ad_1] LONDON (Reuters) – Global stocks rose on Friday as strong company earnings reports and an easing of transatlantic trade tensions on an agreement between the United States and Europe this week to try to cut trade barriers boosted investor confidence. FILE PHOTO: The logo of Spanish NH Hoteles chain is seen on the roof…

  • Stocks making the biggest moves after hours: AMZN, EXPE & more

    Stocks making the biggest moves after hours: AMZN, EXPE & more

    [ad_1] Check out the companies making headlines after the bell: Shares of Amazon were up as much as 4 percent in after-hours trading, before pairing gains. Amazon reported mixed earnings results for its second quarter. The company massively beat analysts’ earnings expectations, posting $5.07 per share versus the estimated $2.50. Amazon did, however, miss revenue…

  • Global stocks struggle to hold four-month peak as Facebook plunges

    Global stocks struggle to hold four-month peak as Facebook plunges

    [ad_1] NEW YORK (Reuters) – World stock markets struggled to hold on to four-month highs on Thursday as a record sell-off in shares of Facebook Inc offset optimism that the European Union and the United States would settle their differences on trade. FILE PHOTO: Traders work on the floor of the New York Stock Exchange…

  • There’s a new FANG stocks fault line. You need to be on the right side

    There’s a new FANG stocks fault line. You need to be on the right side

    [ad_1] In fact, analysts looking for ways to wrap their heads around the Facebook disappointment and look ahead to the next big thing asked a revealing question on the Wednesday conference call: Given the massive data center investments the company has made, are there ways to improve the return on investment of those investments, “perhaps…

  • World’s most crowded stocks FANG burns investors in Q2 earnings

    World’s most crowded stocks FANG burns investors in Q2 earnings

    [ad_1] Facebook‘s plunge comes after company executives spooked investors with warnings about decelerating revenue and ongoing privacy policy changes. “Facebook’s terrible results and guidance was the second of the Q2 FANG misses,” said Fred Hickey, editor of The High Tech Strategist. “Amazon needs to come through for the tech bulls tonight or there may be…

  • World stocks hit four-month high on EU-U.S. trade breakthrough hopes

    World stocks hit four-month high on EU-U.S. trade breakthrough hopes

    [ad_1] LONDON (Reuters) – European stocks opened much higher on Thursday, pushing world stocks to new four-month highs after the European Union and the United States agreed to negotiate on trade, easing some of the fears of a transatlantic trade war. FILE PHOTO: The London Stock Exchange Group offices are seen in the City of…

  • Asian stocks creep higher, but weak growth worry caps gains

    Asian stocks creep higher, but weak growth worry caps gains

    [ad_1] SHANGHAI (Reuters) – Asian stocks inched higher on Thursday as the United States and Europe agreed to negotiations to ease barriers on trade, but ongoing concerns about the outlook for global growth weighed on investor sentiment. Market prices are reflected in a glass window at the Tokyo Stock Exchange (TSE) in Tokyo, Japan, February…

  • Stocks making the biggest moves after hours: FB, F & more

    Stocks making the biggest moves after hours: FB, F & more

    [ad_1] Check out the companies making headlines after the bell: Shares of Facebook plummeted more than 20 percent in after-hours trading. The social media giant reported mixed second-quarter results on Wednesday. It beat on earnings, posting $1.74 per share versus the $1.72 that was expected. But Facebook missed on revenue, generating $13.23 billion versus $13.36…

  • Tariffs cause GM, FCA to trim 2018 profit forecasts, stocks hit

    Tariffs cause GM, FCA to trim 2018 profit forecasts, stocks hit

    [ad_1] DETROIT (Reuters) – Tariffs were partly to blame for lowered full-year forecasts by General Motors Co (GM.N) and Fiat Chrysler Automobiles NV (FCA) (FCHA.MI)(FCAU.N), pummeling the stocks of both automakers on Wednesday as investors feared escalating trade disputes would hurt margins and sales. GM cited higher steel and aluminum costs for its 2018 profit…

  • Rising rates likely to shake stocks to core, Peter Boockvar warns

    Rising rates likely to shake stocks to core, Peter Boockvar warns

    [ad_1] Veteran investor Peter Boockvar doesn’t find stocks tempting right now. Despite strong second quarter earnings reports, the Bleakley Advisory Group chief investment officer sees trouble brewing as central banks around the world abandon their post-financial crisis easy money policies and drive interest rates higher. He calls it the biggest risk to the stock market.…

  • Asia stocks track Wall Street rise, U.S.-EU meet keeps trade in focus

    Asia stocks track Wall Street rise, U.S.-EU meet keeps trade in focus

    [ad_1] TOKYO (Reuters) – Asian stocks rose modestly on Wednesday, supported by upbeat Wall Street earnings and hopes China’s government spending would boost growth but trade tensions remained in focus ahead of a meeting between the U.S. and European Commission presidents. FILE PHOTO: A visitor is seen as market prices are reflected in a glass…

  • Asia stocks track Wall Street gains, U.S.-EU meet keeps trade in focus

    Asia stocks track Wall Street gains, U.S.-EU meet keeps trade in focus

    [ad_1] TOKYO (Reuters) – Asian stocks were higher on Wednesday, supported by strong Wall Street earnings and hopes China’s government spending would boost growth but trade tensions remain in focus ahead of a meeting between the U.S. and European Commission presidents. FILE PHOTO: A visitor is seen as market prices are reflected in a glass…

  • FANG stocks could still head higher after Alphabet’s quarter

    FANG stocks could still head higher after Alphabet’s quarter

    [ad_1] Alphabet’s second-quarter earnings report proved that shares of the Google parent and its fellow tech titans could still head higher, CNBC’s Jim Cramer said on Tuesday. The reason why came to Cramer halfway through Alphabet’s conference call, when CEO Sundar Pichai answered a question about Google’s prevalence in society. “We want Google to be…

  • Stocks making the biggest moves after hours: IRBT, T & more

    Stocks making the biggest moves after hours: IRBT, T & more

    [ad_1] Check out the companies making headlines after the bell: Shares of iRobot soared nearly 20 percent in after-hours trading. The technology company crushed analysts’ earnings expectations for its second quarter, posting 37 cents per share versus the 18 cents that was expected. iRobot also beat analysts’ revenue estimates, generating $226 million versus the $219.7…

  • Stock futures rise as Alphabet gains, lifts FAANG stocks

    Stock futures rise as Alphabet gains, lifts FAANG stocks

    [ad_1] (Reuters) – U.S. stock index futures rose on Tuesday, as Alphabet’s strong results lifted other high-growth technology companies, adding to a robust earnings season in the backdrop of a U.S.-China trade war and a strengthening dollar. FILE PHOTO: Traders work on the floor of the New York Stock Exchange (NYSE) in New York, U.S.,…

  • S&P 500 index rises as climbing yields boost financial sector stocks

    S&P 500 index rises as climbing yields boost financial sector stocks

    [ad_1] NEW YORK (Reuters) – The benchmark U.S. S&P 500 index and the Nasdaq index rose on Monday as a jump in 10-year bond yields boosted financial sector stocks and investors anticipated continued strength in corporate earnings and U.S. economic growth. The financial sector stock index .SPSY rose 1.3 percent after 10-year U.S. Treasury yields…

  • Stocks making the biggest moves after hours: GOOGL, WHR & more

    Stocks making the biggest moves after hours: GOOGL, WHR & more

    [ad_1] David Paul Morris | Bloomberg | Getty Images Google cofounder and Alphabet CEO Larry Page speaks during the Google I/O Annual Developers Conference in San Francisco. Check out the companies making headlines after the bell: Shares of Google’s parent company Alphabet shot up more than 3 percent in extended-hours trading. The company beat analysts’…

  • Bond yields rise worldwide on BoJ easing talk, stocks slip

    Bond yields rise worldwide on BoJ easing talk, stocks slip

    [ad_1] LONDON (Reuters) – Signs that the Bank of Japan (BoJ) might scale back its monetary stimulus faster than expected sent tremors through bond markets on Monday, while European stocks and U.S. futures slipped as threats of further U.S. tariffs on China drained risk appetite. FILE PHOTO: People walk past an electronic board showing Japan’s…

  • Asian stocks ease, dollar near two-week lows on Trump comments

    Asian stocks ease, dollar near two-week lows on Trump comments

    [ad_1] SYDNEY (Reuters) – Asian shares dipped on Monday on fears of more protectionist measures from the United States while the dollar declined against major currencies after U.S. President Donald Trump criticized the Federal Reserve’s tightening policy. People walk past an electronic board showing Japan’s Nikkei average outside a brokerage at a business district in…

  • U.S. stocks largely flat as trade fears offset strong Microsoft earnings

    U.S. stocks largely flat as trade fears offset strong Microsoft earnings

    [ad_1] NEW YORK (Reuters) – U.S. stocks were largely unchanged on Friday as escalating trade anxieties driven by U.S. President Donald Trump’s latest tariff threats against China offset a string of robust earnings led by Microsoft Corp (MSFT.O). FILE PHOTO: Traders work on the floor of the New York Stock Exchange (NYSE) in New York,…

  • Asia stocks unnerved by yuan slide, heightened trade war fears

    Asia stocks unnerved by yuan slide, heightened trade war fears

    [ad_1] TOKYO (Reuters) – The Chinese yuan skidded to one-year lows on Friday, unnerving investors in Asian stock markets and stoking concerns Beijing’s currency management could become the next flash point in a fierce trade dispute with the United States. A man looks at an electronic board showing stock information at a brokerage house in…

  • Chinese yuan slides, spooking Asian stocks, as trade war fears heighten

    Chinese yuan slides, spooking Asian stocks, as trade war fears heighten

    [ad_1] TOKYO (Reuters) – The Chinese yuan skidded to one-year lows on Friday, shaking up Asian share markets and stoking concerns Beijing’s currency management could become the next flash point in a fierce trade dispute with the United States. A man looks at an electronic board showing stock information at a brokerage house in Shanghai,…

  • Asian stocks choppy, sentiment shaken by sliding yuan

    Asian stocks choppy, sentiment shaken by sliding yuan

    [ad_1] TOKYO (Reuters) – Most Asian stock markets retreated on Friday after China allowed its yuan currency to slide further, stoking concerns Beijing’s currency management could become the next flash point in a fierce trade conflict with the United States. A man looks at an electronic board showing stock information at a brokerage house in…

  • Asia stocks subdued as European trade fears flare, Trump comments hit dollar

    Asia stocks subdued as European trade fears flare, Trump comments hit dollar

    [ad_1] TOKYO (Reuters) – Asian stocks eked out modest gains on Friday as investor caution prevailed amid concerns about the European Union imposing retaliatory tariffs on U.S. goods while U.S. President Donald Trump’s criticism of Federal Reserve policy knocked the dollar. A man looks at an electronic board showing stock information at a brokerage house…

  • Stocks making the biggest moves after hours: SKX, COF & more

    Stocks making the biggest moves after hours: SKX, COF & more

    [ad_1] Check out the companies making headlines after the bell: Shares of Skechers plummeted more than 20 percent in extended-hours trading. The shoe company missed analysts’ earnings expectations for its second quarter, posting only 29 cents per share compared with the 41 cents that was estimated. Skechers met analysts’ revenue expectations, generating $1.13 billion for…

  • U.S. stocks fall on sour earnings, trade fears

    U.S. stocks fall on sour earnings, trade fears

    [ad_1] NEW YORK (Reuters) – U.S. stocks dropped on Thursday after earnings disappointed and trade jitters escalated over worries that the European Union could slap retaliatory tariffs on goods imported from the United States. Officials from the EU Trade Commission, due in Washington next week for trade talks, are said to be preparing a list…

  • Dollar pares back after Trump comments; world stocks dip

    Dollar pares back after Trump comments; world stocks dip

    [ad_1] NEW YORK (Reuters) – The U.S. dollar pulled back from year-high levels on Thursday after U.S. President Donald Trump expressed concern about a strong currency, while disappointing earnings reports and escalating trade tensions weighed on stocks. FILE PHOTO: A U.S. Dollar note is seen in this June 22, 2017 illustration photo. REUTERS/Thomas White/Illustration/File Photo…

  • Howard Marks is worried about FANG stocks

    Howard Marks is worried about FANG stocks

    [ad_1] Oaktree Capital’s Howard Marks is cautious on several high-flying technology growth stocks. The investor was asked if he was worried about the soaring prices of FANG stocks, referring to the shares of Facebook, Amazon, Netflix and Google-parent Alphabet. “Yes. They are great companies, but ETFs may have accentuated the flow of capital into those…

  • Stocks making the biggest moves after hours: AXP, EBAY & more

    Stocks making the biggest moves after hours: AXP, EBAY & more

    [ad_1] Check out the companies making headlines after the bell: Shares of American Express tumbled nearly 3 percent in after-hours trading. The financial services company beat analysts’ expectations on earnings for its second quarter, posting $1.84 per share versus the estimated $1.82 per share. However, American Express missed analysts’ revenue estimates, generating $10 billion versus…

  • World stocks hit month peak; dollar firms to three-week high

    World stocks hit month peak; dollar firms to three-week high

    [ad_1] NEW YORK (Reuters) – A gauge of global stocks hit a one-month high on Wednesday as Wall Street and European markets churned higher after a raft of strong corporate earnings, while the U.S. dollar hit a three-week high against a basket of major currencies. Traders work on the floor of the New York Stock…

  • Japan stocks bounce as yen bows before strong dollar

    Japan stocks bounce as yen bows before strong dollar

    [ad_1] SYDNEY (Reuters) – Asian shares followed Wall Street higher on Wednesday as a bullish outlook from the head of the U.S. central bank buoyed the dollar, lifted Tokyo shares to a one-month top and sent gold to a one-year trough. FILE PHOTO: A visitor is seen as market prices are reflected in a glass…

  • Not all FAANG stocks are created equal 

    Not all FAANG stocks are created equal 

    [ad_1] Netflix 62% Amazon 60% Facebook 20% Apple 15% Alphabet 8% Source: Factset That is an enormous difference in earnings growth, and it is almost perfectly reflected in the stock performance. Netflix is the biggest performer, followed by Amazon and Facebook. Apple and Alphabet have similar performance, up 13 and 14 percent respectively. Viewed from…

  • Investor explains why ‘duller’ tech stocks can have the best returns

    Investor explains why ‘duller’ tech stocks can have the best returns

    [ad_1] The tech-heavy Nasdaq Composite hit record highs Tuesday with FAANG names Amazon and Netflix leading the index. But David Katz told CNBC that these “high-flying stocks might slow down soon.” “We think the duller things, like a Cisco, is going to start to do a lot better,” Katz, president and chief investment officer of…

  • Stocks making biggest moves after hours: SAH, CSX & more

    Stocks making biggest moves after hours: SAH, CSX & more

    [ad_1] Check out the companies making headlines after the bell: Sonic Automotive stock plummeted nearly 10 percent in after-hours trading. The automotive retailer said that gross margin pressure in key brands negatively impacted its second-quarter results. Jeff Dyke, Sonic Automotive’s executive vice president of operations, said its BMW and Honda dealerships faced lower gross profit…

  • World stocks ride out oil rout as focus turns to Fed

    World stocks ride out oil rout as focus turns to Fed

    [ad_1] LONDON (Reuters) – World stocks recovered some ground on Tuesday as oil prices stabilised, while the dollar edged lower and most other markets were subdued before Federal Reserve Chair Jerome Powell testifies to the U.S. Congress. FILE PHOTO: A worker shelters from the rain as he passes the London Stock Exchange in the City…

  • Asia stocks sag on oil’s slide, dollar dips before Fed testimony

    Asia stocks sag on oil’s slide, dollar dips before Fed testimony

    [ad_1] TOKYO (Reuters) – Asian stocks were mostly lower on Tuesday, with a sharp decline in crude oil prices weighing on energy shares, while the dollar dipped ahead of Federal Reserve Chairman Jerome Powell’s first U.S. congressional testimony. People walk past an electronic board showing Japan’s Nikkei average outside a brokerage in Tokyo, Japan, March…

  • Asia stocks sag after oil slides, dollar steady before Fed speech

    Asia stocks sag after oil slides, dollar steady before Fed speech

    [ad_1] TOKYO (Reuters) – Asian stocks sagged on Tuesday, weighed by a sharp decline in crude oil prices as Libyan ports reopened, while the dollar steadied ahead of Federal Reserve Chairman Jerome Powell’s first congressional testimony. People walk past an electronic board showing Japan’s Nikkei average outside a brokerage in Tokyo, Japan, March 23, 2018.…

  • Asia stocks sag after oil tumbles, dollar on defensive before Fed speech

    Asia stocks sag after oil tumbles, dollar on defensive before Fed speech

    [ad_1] TOKYO (Reuters) – Asian stocks sagged on Tuesday, weighed by a sharp decline in crude oil prices as Libyan ports reopened, while the dollar was on the defensive ahead of Federal Reserve Chairman Jerome Powell’s first congressional testimony. People walk past an electronic board showing Japan’s Nikkei average outside a brokerage in Tokyo, Japan,…

  • Stocks making biggest moves after hours: NFLX, AMZN & more

    Stocks making biggest moves after hours: NFLX, AMZN & more

    [ad_1] Check out the companies making headlines after the bell: Netflix stock sank nearly 14 percent in extended-hours trading. Netflix only added 674,000 subscribers in the US during its second quarter, well below the analysts’ expectations of 1.23 million.The popular streaming service earned $3.91 billion in revenue, missing the analysts’ expectations of $3.94 billion. Shares…

  • Tech stocks set to sink on Tuesday after rough evening for ‘FANG’

    Tech stocks set to sink on Tuesday after rough evening for ‘FANG’

    [ad_1] Technology stocks are headed for a rough session on Tuesday after shares of Netflix, one of the momentum leaders of this bull market, tanked after earnings. Amazon shares fell as well. The Invesco QQQ Trust exchange-traded fund, which tracks the Nasdaq 100 index, dropped 0.7 percent in after hours trading. The Nasdaq 100 is…

  • Goldman recommends these 5 highly profitable stocks including Nvidia

    Goldman recommends these 5 highly profitable stocks including Nvidia

    [ad_1] David Paul Morris | Bloomberg | Getty Images Jen-Hsun Huang, CEO, Nvidia Goldman Sachs is worried about rising commodity prices and higher wages, but the firm believes there is still an investment strategy that can outperform. The firm recommended companies with high profit margins and return on assets. That’s because despite the one-time boost…

  • U.S. stocks rise on industrials; dollar flattens

    U.S. stocks rise on industrials; dollar flattens

    [ad_1] NEW YORK (Reuters) – The benchmark S&P 500 index hit a more than five-month high on Friday on gains in industrial stocks and energy companies, while the safe-haven U.S. dollar flattened after touching a two-week high. Traders work on the floor of the New York Stock Exchange (NYSE) in New York, U.S., July 13,…

  • Amazon Web Services said to eye network devices, networking stocks tank

    Amazon Web Services said to eye network devices, networking stocks tank

    [ad_1] Networking company stocks fell off Friday following a report by The Information that Amazon Web Services is considering selling its own network switching devices. Cisco dropped 5 percent, representing a loss in stock value of roughly $11 billion. Juniper gave up more than 3 percent. Arista Networks dropped nearly 6 percent, and F5 Networks…

  • Trade data lifts U.S. dollar; stocks flat on mixed earnings

    Trade data lifts U.S. dollar; stocks flat on mixed earnings

    [ad_1] NEW YORK (Reuters) – The safe-haven U.S. dollar touched to a two-week high on Friday after data showed a record Chinese trade surplus, while Wall Street stocks were little changed on mixed bank earnings and gains in industrials. Traders work on the floor of the New York Stock Exchange (NYSE) in New York, U.S.,…

  • Goldman Cybersecurity stocks present tactical opportunity

    Goldman Cybersecurity stocks present tactical opportunity

    [ad_1] Cybersecurity stocks present a compelling short-term bet for investors ahead of the 2018 midterm elections, Goldman Sachs advised clients Thursday. Pointing to an expected uptick in security spending in the run-up to November, analyst Arjun Menon told clients that the select group of stocks are likely to see upside in the months to come.…

  • Asian shares extend rebound but trade fears dog China stocks

    Asian shares extend rebound but trade fears dog China stocks

    [ad_1] SHANGHAI (Reuters) – Most Asian share markets rose on Friday, heartened by gains on Wall Street fueled by expectations of strong U.S. earnings, but China’s markets wobbled as investors braced for the impact of broadening, tit-for-tat Chinese-U.S tariffs. FILE PHOTO: People walk past an electronic board showing Japan’s Nikkei average outside a brokerage in…

  • Stocks making the biggest moves after hours: T, MCD & more

    Stocks making the biggest moves after hours: T, MCD & more

    [ad_1] Joshua Roberts | Reuters Chief Executive Officer of AT&T Randall Stephenson (L) and Chairman and Chief Executive Officer of Time Warner Jeffrey Bewkes listen to testimony before the Senate Judiciary Committee Antitrust Subcommittee hearing on the proposed deal between AT&T and Time Warner in Washington, U.S., December 7, 2016. Check out the companies making…

  • Financial stocks are giving us a ‘warning sign’: Money manager

    Financial stocks are giving us a ‘warning sign’: Money manager

    [ad_1] There are a lot of positives right now for the banking industry, yet the stocks aren’t responding — and that’s a signal for investors, market expert Quint Tatro told CNBC on Thursday. Bank equities have underperformed this year despite a strong economic recovery, the managing director at Joule Financial pointed out. Also, short interest…

  • Stocks, commodities regain footing after dropping on trade worries

    Stocks, commodities regain footing after dropping on trade worries

    [ad_1] NEW YORK (Reuters) – Stock markets around the world bounced back on Thursday, with U.S. gains led by merger activity and earnings optimism that offset concerns over an escalating U.S. trade battle with China that had weighed on markets a day earlier. Traders work on the floor of the New York Stock Exchange (NYSE)…

  • Amazon is ‘the most robust and durable’ among FANG stocks

    Amazon is ‘the most robust and durable’ among FANG stocks

    [ad_1] Canaccord Genuity named Amazon king of the most revered tech stocks, while raising its price target on the e-commerce giant. The stock rose to a record on Thursday following the note, up 1 percent on the day. “Amazon’s rapidly growing scale of investment is strengthening long-term competitive barriers, and this includes a robust outlook…

  • Stocks, commodities recover after latest trade war jolt

    Stocks, commodities recover after latest trade war jolt

    [ad_1] TOKYO (Reuters) – Stocks and commodities recovered slightly on Thursday as markets tried to consolidate from the previous session’s steep losses when fears of an escalation in the U.S.-China trade war jolted investor sentiment. FILE PHOTO: People walk past an electronic board showing Japan’s Nikkei average outside a brokerage in Tokyo, Japan, March 23,…

  • Asia stocks sag on trade war fears, dollar buoyant

    Asia stocks sag on trade war fears, dollar buoyant

    [ad_1] TOKYO (Reuters) – Asian stocks remained under pressure on Thursday from fears of an escalation in the U.S.-China trade war, while the dollar stood stall after rallying against its peers amid the turmoil in broader markets. FILE PHOTO: People walk past an electronic board showing Japan’s Nikkei average outside a brokerage in Tokyo, Japan,…

  • Stocks slide on trade war worries; oil, metals fall

    Stocks slide on trade war worries; oil, metals fall

    [ad_1] NEW YORK (Reuters) – U.S. stocks extended losses on Wednesday, set to snap their four-day winning streak, and metals prices slumped as U.S. threats of tariffs on an additional $200 billion worth of Chinese goods pushed the world’s two biggest economies closer to a full-scale trade war. U.S. President Donald Trump’s threat overnight of…

  • ETF investor says own chip stocks to ride the next technology boom

    ETF investor says own chip stocks to ride the next technology boom

    [ad_1] Sean O’Hara, president of Pacer ETFs Distributors, says chipmaking companies are the future of the technology sector over giants like Facebook and Google. “We’re entering that Jetsons-like phase of the world where everything’s connected and the internet of things is potentially a far bigger opportunity for the chipmakers than the cellphone or devices have…

  • U.S. crude stocks slump to lowest level since Feb. 2015, EIA says

    U.S. crude stocks slump to lowest level since Feb. 2015, EIA says

    [ad_1] U.S. crude oil stocks fell by nearly 13 million barrels last week, the most in nearly two years, dropping overall crude stocks to their lowest point since February 2015, the Energy Information Administration said on Wednesday. Crude inventories fell by 12.6 million barrels in the week to July 6, compared with analysts’ expectations for…

  • Stocks, metals hit by new U.S. trade war salvo

    Stocks, metals hit by new U.S. trade war salvo

    [ad_1] LONDON (Reuters) – Stocks fell and metals prices slumped to their lowest in a year on Wednesday, as U.S. threats of tariffs on an additional $200 billion worth of Chinese goods pushed the world’s two biggest economies ever closer to a full-scale trade war. The German share price index, DAX board, is seen at…

  • Global stocks slump, yen rises as U.S. raises stakes in trade conflict

    Global stocks slump, yen rises as U.S. raises stakes in trade conflict

    [ad_1] TOKYO (Reuters) – U.S. tariffs on an additional $200 billion worth of Chinese goods sent Asian stocks tumbling on Wednesday, with China’s markets leading the declines, as trade tensions between the world’s two biggest economies continued to deteriorate. FILE PHOTO: People walk past an electronic board showing Japan’s Nikkei average outside a brokerage in…

  • Stocks slip, yen rises as U.S. raises stakes in trade conflict

    Stocks slip, yen rises as U.S. raises stakes in trade conflict

    [ad_1] TOKYO (Reuters) – Asian stocks retreated and perceived safe havens such as the yen and U.S. Treasuries rose on Wednesday after the United States said it would impose tariffs on an extra 200 billion worth of Chinese imports, sharply escalating the trade war between the world’s two biggest economies. FILE PHOTO: People walk past…

  • Stocks making the biggest moves after hours: PCAR, WHD & more 

    Stocks making the biggest moves after hours: PCAR, WHD & more 

    [ad_1] Check out the companies making headlines after the bell: Shares of Paccar were up as much 2.5 percent in extended-hours trading, before pairing those gains. The truck manufacturing company announced a $300 million share repurchase of its outstanding common stock. Paccar’s shareholders have seen an average return of 12.5 percent over the last 15…

  • Buy stocks with rising profit margins due to commodity inflation 

    Buy stocks with rising profit margins due to commodity inflation 

    [ad_1] Scott McIntyre | Bloomberg | Getty Images An employee delivers cases of Coca-Cola Co. brand soda in Miami Beach, Florida. With the S&P 500 not far from the firm’s 2018 year-end target, Goldman Sachs says there is still an investment strategy that can outperform. The firm recommended companies with high and stable profit margins.…

  • Morgan Stanley turns more defensive on stocks, downgrades technology

    Morgan Stanley turns more defensive on stocks, downgrades technology

    [ad_1] Morgan Stanley downgraded technology stocks to underweight from equal weight on Monday, citing expectations of a more defensive turn in the market. Cyclical sectors such as technology and consumer discretionary tend to perform better during periods of growth, when investors are more willing to take on risk. Now Morgan Stanley Chief U.S. Equity Strategist…

  • The summer rally in tech stocks is ‘breathtaking’

    The summer rally in tech stocks is ‘breathtaking’

    [ad_1] CNBC’s Jim Cramer said Monday that the recent rally in large-cap tech stocks has been “breathtaking,” but added there appears to be “no particular reason” for the rise. “There’s nothing new in Facebook to justify one more romp,” Cramer said on “Squawk on the Street.” (Cramer’s chairtable trust owns shares of Amazon, Apple, Facebook…

  • Global stocks hit two-week high as U.S. jobs report spreads relief

    Global stocks hit two-week high as U.S. jobs report spreads relief

    [ad_1] LONDON (Reuters) – Global shares hit a two-week high on Monday as favorable U.S. jobs data whetted risk appetites, while sterling brushed off the resignation of two ministers over Britain’s departure from the EU, with traders focused on the likelihood of a “soft Brexit”. The German share price index, DAX board, is seen at…

  • Streaming stocks are on a tear, and it’s not just Netflix

    Streaming stocks are on a tear, and it’s not just Netflix

    [ad_1] Investors are familiar with Netflix dominating the streaming space, with its 100 percent gain just this year, but a handful of other names in its universe have surged in recent months. Pandora, Roku and Spotify have surged 71 percent, 49 percent and 19 percent, respectively, in the last three months. Spotify is the youngest…

  • China anxiety hits Asia stocks as Sino-U.S. trade war looms

    China anxiety hits Asia stocks as Sino-U.S. trade war looms

    [ad_1] SHANGHAI/TOKYO (Reuters) – Faltering Chinese markets dented Asian stocks on Friday morning, as the time neared when Washington would impose tariffs on Chinese imports, a move many investors fear would trigger a full-scale trade war between the world’s two largest economies. FILE PHOTO: People walk past an electronic board showing Japan’s Nikkei average outside…

  • ‘Anti-Chinese’ FANG stocks are ‘perfect’ investments right now

    ‘Anti-Chinese’ FANG stocks are ‘perfect’ investments right now

    [ad_1] With U.S. investors laser-focused on the White House’s tit-for-tat trade dispute with Beijing, CNBC’s Jim Cramer wanted to hone in on four stocks in the market that are most resilient to trade tensions. The lucky few? The members of FANG, the “Mad Money” host’s acronym for the stocks of Facebook, Amazon, Netflix and Google,…

  • Asian stocks on edge hours before tariff deadline

    Asian stocks on edge hours before tariff deadline

    [ad_1] SHANGHAI (Reuters) – Asian share markets were set for a bumpy ride on Friday just hours ahead of a U.S. deadline to impose tariffs on Chinese imports, which has rattled financial markets in recent weeks as investors feared it could trigger a full-blown global trade war. FILE PHOTO: People walk past an electronic board…

  • Stocks making the biggest moves after hours: PSMT, FLR & more

    Stocks making the biggest moves after hours: PSMT, FLR & more

    [ad_1] Check out the companies making headlines after the bell: PriceSmart stock was down nearly 7 percent in after-hours trading. The San Diego-based company missed on earnings for its third quarter, earning 61 cents per share versus the 63 cents per share expected by analysts. PriceSmart did beat analysts’ revenue expectations generating $782 million versus…

  • Asian stocks wobbly before tariff deadline in Sino-U.S. trade row

    Asian stocks wobbly before tariff deadline in Sino-U.S. trade row

    [ad_1] TOKYO (Reuters) – Asian stocks were shaky while major currencies barely budged in early trade on Thursday, as financial markets remained in a state of anxious uncertainty on the eve of a U.S. deadline to slap tariffs on Chinese imports. FILE PHOTO: Market prices are reflected in a glass window at the Tokyo Stock…

  • Asia stocks on edge before tariff deadline in Sino-U.S. trade row

    Asia stocks on edge before tariff deadline in Sino-U.S. trade row

    [ad_1] TOKYO (Reuters) – Asian stocks got off to a cautious start on Thursday as investors remained nervous amid a looming deadline for Washington’s proposed tariffs on Chinese imports, leaving financial markets in a state of anxious uncertainty. FILE PHOTO: Market prices are reflected in a glass window at the Tokyo Stock Exchange (TSE) in…

  • Trade worries dent stocks, yuan steadies

    Trade worries dent stocks, yuan steadies

    [ad_1] LONDON (Reuters) – World stocks were flat on Wednesday amid growing anxiety ahead of Washington’s end of week deadline to impose tariffs on Chinese imports, while the yuan steadied after China’s central bank acted to calm investors. FILE PHOTO: A worker shelters from the rain as he passes the London Stock Exchange in the…

  • Global stocks tread water on trade worries, yuan steadies

    Global stocks tread water on trade worries, yuan steadies

    [ad_1] LONDON (Reuters) – World stocks treaded water on Wednesday amid growing anxiety ahead of Washington’s end of week deadline to impose tariffs on Chinese imports, while the yuan steadied after China’s central bank acted to calm investors. FILE PHOTO: A worker shelters from the rain as he passes the London Stock Exchange in the…

  • Trade war worries drag world stocks lower, yuan steadies

    Trade war worries drag world stocks lower, yuan steadies

    [ad_1] LONDON (Reuters) – World stocks were dragged lower on Wednesday by growing anxiety ahead of Washington’s end of week deadline to impose tariffs on Chinese imports, while the yuan rebounded after China’s central bank moved to calm investors. FILE PHOTO: A worker shelters from the rain as he passes the London Stock Exchange in…

  • equifax data breach boosts cybersecurity stocks

    equifax data breach boosts cybersecurity stocks

    [ad_1] Andrew Harrer | Bloomberg | Getty Images An Equifax Inc. slide is displayed on a monitor during a House Financial Services Committee hearing in Washington, D.C., on Wednesday, Oct. 25, 2017. As the rest of the stock market has struggled on heightened trade rhetoric and many big technology companies have faced regulatory scrutiny over…

  • World stocks rise off 2-1/2 month low, China soothes currency markets

    World stocks rise off 2-1/2 month low, China soothes currency markets

    [ad_1] LONDON (Reuters) – World stocks rose on Tuesday, supported by gains in Europe and three straight days of tech-driven rises in the United States, even though markets across Asia and especially China remained in the grip of trade turbulence. FILE PHOTO: A worker shelters from the rain as he passes the London Stock Exchange…

  • Stocks making biggest moves after hours: MLHR, ACXM & more

    Stocks making biggest moves after hours: MLHR, ACXM & more

    [ad_1] Check out the companies making headlines after the bell: Herman Miller stock surged more than 11 percent in extended trading. The furniture company reported fourth-quarter earnings of 66 cents a share, besting analyst estimates for 58 cents a share. Herman Miller also posted revenue of $618 million, better than the $601 million expected. Shares…

  • Wall Street lower as energy stocks, tariff worries weigh

    Wall Street lower as energy stocks, tariff worries weigh

    [ad_1] (Reuters) – U.S. stocks fell on Monday as a drop in Brent crude prices dragged energy stocks lower amid a broader market decline due to an escalating trade war between Washington and its trading partners. The United States’ decision to impose tariffs on $34 billion worth of Chinese goods will come into effect on…

  • Stocks with strong balance sheets should thrive

    Stocks with strong balance sheets should thrive

    [ad_1] “Rising interest rates and escalating trade tensions have contributed to an increase in equity volatility in 2018,” Kostin said. The “10-year US Treasury yields have risen by 44 bp YTD to 2.85%, and our economists expect they will continue to rise to 3.25% by year-end 2018.” The 10-year Treasury yield rose slightly to 2.855…

  • Apple iOS 12 new Stocks app: first look

    Apple iOS 12 new Stocks app: first look

    [ad_1] Apple’s new iPhone and iPad software update, iOS 12, launches this fall — you can try it now if you want to — and includes a brand new Stocks application. The Stocks app on the iPhone has typically been pretty bare bones, but showed current and historical share prices for different companies you might…

  • Nike, bank stocks lift Wall Street at open

    Nike, bank stocks lift Wall Street at open

    [ad_1] (Reuters) – The Dow Jones Industrial Average got a boost from Nike’s near 10 percent jump on Friday after the company reported strong quarterly results and gains for banking stocks, after clearing the Federal Reserve’s stress test, drove broader markets higher. FILE PHOTO: Traders work on the floor of the New York Stock Exchange…

  • Stock futures jump as Nike, financial stocks gains

    Stock futures jump as Nike, financial stocks gains

    [ad_1] (Reuters) – U.S. stock index futures gained on Friday, as Nike jumped after strong results and as bank stocks rose after clearing the Federal Reserve’s stress tests. FILE PHOTO: Traders work on the floor of the New York Stock Exchange (NYSE) in New York, U.S., June 28, 2018. REUTERS/Brendan McDermid The futures, though, fell…

  • World stocks jump on lull in trade tensions, euro gets summit boost

    World stocks jump on lull in trade tensions, euro gets summit boost

    [ad_1] LONDON (Reuters) – World stocks enjoyed a strong bounce on Friday as a recovery in Asian markets spread to European shares after a turbulent week of selling as investors’ fears of higher barriers to trade came closer to becoming reality. Traders work at Frankfurt’s stock exchange in Frankfurt, Germany, February 6, 2018. Picture taken…

  • Stocks making the biggest moves after hours: NKE, WFC & more

    Stocks making the biggest moves after hours: NKE, WFC & more

    [ad_1] Check out the companies making headlines after the bell: Nike stock increased by more than 8 percent in extended-hours trading. The popular shoe and athletic wear company posted stronger than expected earnings in its fourth quarter report. Nike earned 69 cents per share compared with analyst expectations of 64 cents per share. The Beaverton,…

  • Amazon wiped out billions from drug stocks and package carriers

    Amazon wiped out billions from drug stocks and package carriers

    [ad_1] Amazon wiped out $17.5 billion from eight companies’ market values Thursday with just two announcements. The e-commerce giant has become a force on Wall Street. Even a hint it might take on a new industry can send investors running and stocks tumbling. That was evident Thursday. Amazon said it would recruit entrepreneurs to run…

  • Wall Street opens lower as Amazon buy hits drug stocks

    Wall Street opens lower as Amazon buy hits drug stocks

    [ad_1] (Reuters) – Amazon’s move to entrench itself in the health sector sent drug stocks sliding on Thursday, but gains in financial and technology stocks, helped Wall Street keep its footing. FILE PHOTO: Traders work on the floor of the New York Stock Exchange (NYSE) in New York, U.S., June 27, 2018. REUTERS/Brendan McDermid The…

  • Stocks making biggest moves after hours: PIR, BBBY & more

    Stocks making biggest moves after hours: PIR, BBBY & more

    [ad_1] Luke Sharrett | Bloomberg | Getty Images A Pier 1 Imports retail store stands in Louisville, Kentucky. Check out the companies making headlines after the bell: Shares of Pier 1 Imports plummeted more than 15 percent in extended-hours trading after the retailer reported weak sales. The popular home decor company saw same-store sales drop 8.2…

  • Bears prowl world markets, maul Chinese stocks as trade tensions simmer

    Bears prowl world markets, maul Chinese stocks as trade tensions simmer

    [ad_1] LONDON (Reuters) – A 2 percent slide in Chinese equities on Wednesday and a fresh weakening in the yuan highlighted mounting stress on the world’s number two economy from trade tensions with the United States, while global stocks slipped to approach two-month lows. FILE PHOTO: The London Stock Exchange Group offices are seen in…

  • Stocks making biggest moves after hours: SONC, AVAV & more

    Stocks making biggest moves after hours: SONC, AVAV & more

    [ad_1] Daniel Acker | Bloomberg | Getty Images An employee delivers food at a Sonic drive-in restaurant in Normal, Illinois. Check out the companies making headlines after the bell: Shares of Sonic plummeted more than 8 percent in extended-hours trading. The popular drive-in restaurant chain, earned 52 cents per share in its third quarter, beating…

  • Wall Street posts slight gains helped by GE, tech stocks

    Wall Street posts slight gains helped by GE, tech stocks

    [ad_1] (Reuters) – U.S. stocks edged higher on Tuesday, with General Electric (GE.N) and technology stocks helping Wall Street recoup some losses from a day earlier on escalating global trade tensions. FILE PHOTO: Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., June 25, 2018. REUTERS/Brendan McDermid…

  • Global stocks fall as trade row intensifies, dollar wobbles

    Global stocks fall as trade row intensifies, dollar wobbles

    [ad_1] TOKYO (Reuters) – World stocks extended a sell-off on Tuesday as escalating trade tussles between the United States and other major economies steered investors away from riskier assets, with markets in China bearing the brunt of investor anxiety. Investors look at an electronic board showing stock information at a brokerage house in Shanghai, China…

  • Global stocks slide on intensifying trade row, dollar wobbles

    Global stocks slide on intensifying trade row, dollar wobbles

    [ad_1] TOKYO (Reuters) – World stocks extended a sell-off on Tuesday as an escalating trade fight between the United States and other major economies steered investors away from riskier assets, with markets in China bearing the brunt of investor anxiety. Investors look at an electronic board showing stock information at a brokerage house in Shanghai,…

  • Stocks pummeled on intensifying trade row, dollar wobbles

    Stocks pummeled on intensifying trade row, dollar wobbles

    [ad_1] TOKYO (Reuters) – Global stocks extended a sell-off on Tuesday as an escalating trade fight between the United States and other major economies steered investors away from riskier assets, lifting safe-haven U.S. Treasuries and keeping the dollar on the defensive. FILE PHOTO: A man looks at a mobile phone in front of an electronic…

  • Asia stocks extend global slide on intensifying trade row, dollar shaky

    Asia stocks extend global slide on intensifying trade row, dollar shaky

    [ad_1] TOKYO (Reuters) – Global stocks extended a sell-off on Tuesday as mounting trade tensions between the United States and other major economies continued to steer investors away from riskier assets, lifting safe-haven U.S. Treasuries and keeping the dollar on the defensive. FILE PHOTO: A man looks at a mobile phone in front of an…

  • Markets sell-off led by tech stocks as U.S.-China trade war hits sectors

    Markets sell-off led by tech stocks as U.S.-China trade war hits sectors

    [ad_1] A sell-off in North American stock markets intensified on Monday afternoon, led by a decline in technology stocks, after reports that U.S. officials were in the process of introducing restrictions that would block Chinese companies from investing in U.S. tech companies. Reports on Sunday said the U.S. Treasury Department was working on restrictions that would block companies…

  • Chip stocks fall after Trump’s reported plan to restrict tech investments

    Chip stocks fall after Trump’s reported plan to restrict tech investments

    [ad_1] Several of the market’s favorite semiconductor names are tanking on Monday as investors grow concerned over President Donald Trump’s plan to restrict foreign investments in U.S. technology companies. On Sunday the Wall Street Journal said the Treasury Department is drawing up rules to block companies with at least 25 percent Chinese ownership from buying…

  • Trade worries hit world stocks, oil gives back gains

    Trade worries hit world stocks, oil gives back gains

    [ad_1] LONDON (Reuters) – World shares fell on Monday, dented by worries over a worsening trade dispute between the United States and other major economies, while oil prices gave up some of the gains made after major exporters agreed a modest production increase. FILE PHOTO: A worker shelters from the rain as he passes the…

  • Red Hat CEO addresses stock’s 14% decline after Q1 earnings report

    Red Hat CEO addresses stock’s 14% decline after Q1 earnings report

    [ad_1] Red Hat’s stock may have just had its worst trading day since 2006 after the company’s earnings guidance underwhelmed Wall Street, but that won’t matter in the longer term, CEO Jim Whitehurst told CNBC on Friday. “If I could change anything” about the post-earnings conference call, “I would encourage investors to look long-term,” Whitehurst,…

  • Energy stocks gain on oil boost; Dow set to snap losing skid

    Energy stocks gain on oil boost; Dow set to snap losing skid

    [ad_1] NEW YORK (Reuters) – The S&P 500 and Dow Jones Industrial Average advanced on Friday, with the Dow poised to end an eight-day losing streak, as a jump in oil prices lifted energy stocks, but losses in technology stocks kept the Nasdaq in check. Traders work on the floor of the New York Stock…

  • Index provider MSCI delays decision on unequal voting rights stocks

    Index provider MSCI delays decision on unequal voting rights stocks

    [ad_1] NEW YORK (Reuters) – Stock index provider MSCI said on Thursday it extended its review of how to treat stocks with unequal voting rights and expects to make a decision by the end of October. FILE PHOTO: The MSCI logo is seen in this June 20, 2017 illustration photo. REUTERS/Thomas White/Illustration/File Photo That decision,…

  • The bull case for stocks in three charts

    The bull case for stocks in three charts

    [ad_1] An underlying trend may be insulating the market from a sustainable decline. Based on charts of the S&P 500, Nasdaq and Russell 2000, the Bespoke Investment Group’s Paul Hickey used a technical indicator called the advance/decline line to show market breadth is positive — a sign that supports expectations of higher stock prices. “What…

  • Asian stocks pick up steam as hopes of policy support lift China

    Asian stocks pick up steam as hopes of policy support lift China

    [ad_1] SHANGHAI (Reuters) – Asian stock markets picked up steam in afternoon trade on Wednesday after a wobbly morning session, highlighting the lingering anxiety and uncertainty surrounding a heated trade dispute between China and the United States. FILE PHOTO: Men exchange greetings in front of an electronic board displaying the Nikkei average outside a brokerage…

  • China stocks extend slump, temper Asian bounce as trade war anxiety grows

    China stocks extend slump, temper Asian bounce as trade war anxiety grows

    [ad_1] SHANGHAI (Reuters) – China’s stock markets slumped on Wednesday, extending a rout from the previous day as the prospect of a full-blown Sino-U.S. trade war put a dampener on the rest of Asian equities, even as they managed a modest bounce. FILE PHOTO: Men exchange greetings in front of an electronic board displaying the…

  • Stocks recover from earlier rout but trade war fears seen capping gains

    Stocks recover from earlier rout but trade war fears seen capping gains

    [ad_1] SHANGHAI (Reuters) – Stocks in Asia rebounded from recent losses on Wednesday as investors sought bargains, a day after the specter of a U.S.-China trade war rattled global markets, but significant uncertainty around the trade outlook is capping gains. FILE PHOTO: Men exchange greetings in front of an electronic board displaying the Nikkei average…

  • Small company stocks less sensitive to trade wars

    Small company stocks less sensitive to trade wars

    [ad_1] Despite the dominance of large technology companies in the stock market’s gains over the last year, small company stocks are forecast to do better if trade war fears come to pass. Small company stocks have already been outperforming the broad market because of tax cuts and regulatory reform. The iShares ETF tracking the Russell…

  • Asia stocks skid to four-month low as Trump raises stakes in China trade war

    Asia stocks skid to four-month low as Trump raises stakes in China trade war

    [ad_1] TOKYO (Reuters) – Asian stocks sank on Tuesday and Shanghai shares plunged to near two-year lows as U.S. President Donald Trump threatened new tariffs on Chinese goods in an escalating tit-for-tat trade war between the world’s two biggest economies. FILE PHOTO: A man looks at an electronic board showing Japan’s Nikkei average outside a…

  • Asia stocks slide to four-month low as Trump raises stakes in China trade war

    Asia stocks slide to four-month low as Trump raises stakes in China trade war

    [ad_1] TOKYO (Reuters) – A sell-off in Chinese stocks drove Asian equities to a four-month low on Tuesday, as U.S. President Donald Trump threatened new tariffs on Chinese goods in an escalating tit-for-tat trade war between the world’s two biggest economies. FILE PHOTO: A man looks at an electronic board showing Japan’s Nikkei average outside…

  • Stocks extend slide, yen up as Sino-U.S. trade dispute escalates

    Stocks extend slide, yen up as Sino-U.S. trade dispute escalates

    [ad_1] TOKYO (Reuters) – Asian stocks extended a global downturn on Tuesday, while the safe-haven yen rose as U.S. President Donald Trump threatened new tariffs on Chinese goods in an escalating tit-for-tat trade war between the world’s two biggest economies that has rattled financial markets. FILE PHOTO: A man looks at an electronic board showing…

  • Global stocks, oil suffer as U.S.-China trade spat heats up

    Global stocks, oil suffer as U.S.-China trade spat heats up

    [ad_1] LONDON (Reuters) – Global stocks slid on Monday and U.S. oil prices slumped after U.S. President Donald Trump announced tariffs on Chinese goods and Beijing responded with similar measures in an escalating trade dispute. Fears the spat between the world’s two largest economies could intensify added to pressure on oil prices, which extended Friday’s…

  • Stocks are in ‘reset,’ but these two groups could deliver solid gains

    Stocks are in ‘reset,’ but these two groups could deliver solid gains

    [ad_1] The bull market is entering a new phase, but PNC Financial’s Jeffrey Mills believes that’s no reason to get negative on stocks. In an interview on CNBC’s “Futures Now,” the firm’s co-chief investment strategist acknowledged it will be hard to replicate last year’s record gains. He referred to 2018 as a “reset year” as…

  • Wall Street opens flat, media stocks in focus

    Wall Street opens flat, media stocks in focus

    [ad_1] (Reuters) – U.S. stock indexes opened little changed on Wednesday as gains in healthcare stocks offset losses in AT&T, whose $85 billion takeover of Time Warner was approved by a court. A trader works on the floor of the New York Stock Exchange shortly after the opening bell in New York, U.S., June 4,…

  • World stocks capped by trade war concerns, central banks

    World stocks capped by trade war concerns, central banks

    [ad_1] LONDON (Reuters) – World stocks hovered near one-month highs on Wednesday as an expected U.S. interest rate rise and risks of a fresh outbreak of trade tensions between China and the United States overshadowed a generally benign political and economic backdrop. The German share price index, DAX board, is seen at the stock exchange…

  • Asian stocks step back as investors brace for Fed, eye trade row

    Asian stocks step back as investors brace for Fed, eye trade row

    [ad_1] TOKYO (Reuters) – Asian shares fell on Wednesday as investors braced for a Federal Reserve policy decision later in the day and any clues it might give on future rate hikes that could alter the course of global economic growth and corporate earnings. FILE PHOTO: A man walks past electronic boards showing Japan’s Nikkei…

  • Asian stocks step back as investors brace for Fed

    Asian stocks step back as investors brace for Fed

    [ad_1] TOKYO (Reuters) – Asian shares edged slightly lower on Wednesday as investors looked to the Federal Reserve policy decision and any clues it might give on future rate hikes, shifting focus away from the historic U.S.-North Korea summit in Singapore. FILE PHOTO: A man walks past electronic boards showing Japan’s Nikkei average (L), the…

  • Global stocks, dollar retreat after U.S.-North Korea summit

    Global stocks, dollar retreat after U.S.-North Korea summit

    [ad_1] LONDON (Reuters) – World stocks slipped on Tuesday and the dollar retreated from a three-week high after a U.S.-North Korea summit aimed at the denuclearization of the Korean peninsula. U.S. President Donald Trump and North Korean leader Kim Jong Un pledged to work toward complete denuclearization of the Korean peninsula, while Washington committed to…

  • China leads Asian stocks higher after Trump-Kim agreement

    China leads Asian stocks higher after Trump-Kim agreement

    [ad_1] Mainland Chinese stocks led Asian market gains on Tuesday after the highly anticipated meeting in Singapore of U.S. President Donald Trump and North Korean leader Kim Jong Un. Both signed an agreement that reaffirmed “unwavering commitment to complete denuclearization of the Korean Peninsula.” But the document offered few details. The Shanghai composite climbed 0.9…

  • Stocks creep higher, dollar retreats after U.S.- North Korea summit

    Stocks creep higher, dollar retreats after U.S.- North Korea summit

    [ad_1] LONDON (Reuters) – World stocks crept higher on Tuesday while the dollar turned negative after hitting a three-week high at the end of a U.S.-North Korea summit aimed at the denuclearization of the Korean peninsula. An employee of a foreign exchange trading company works near monitors broadcasting TV news reporting the summit between the…

  • Stocks choppy, dollar rises as historic Trump-Kim summit starts

    Stocks choppy, dollar rises as historic Trump-Kim summit starts

    [ad_1] SYDNEY (Reuters) – The dollar jumped to a 3-week top on Tuesday while stock markets in Asia were choppy as an historic U.S.-North Korea summit got underway in Singapore, raising some hopes it could pave the way to ending a nuclear stand-off on the Korean peninsula. FILE PHOTO: A man looks at an electronic…

  • U.S. stocks rise ahead historic Singapore summit

    U.S. stocks rise ahead historic Singapore summit

    [ad_1] NEW YORK (Reuters) – Wall Street stocks gained some ground on Monday as investors shrugged off the weekend’s contentious meeting of the Group of 7 nations and focused on the historic United States-North Korea summit Tuesday morning in Singapore. FILE PHOTO: Traders work on the floor of the New York Stock Exchange (NYSE) in…

  • Hide out in strong balance sheet stocks like Nvidia, Home Depot

    Hide out in strong balance sheet stocks like Nvidia, Home Depot

    [ad_1] For its part, Goldman Sachs economists believe Fed Chairman Jerome Powell and his colleagues will hike rates three more times before the end of the year, more times than Wall Street is currently estimating. “In contrast with history, many of the companies with the strongest balance sheets today are also the companies with the…

  • Asia stocks shake off G7 jolt, U.S.-North Korea summit awaited

    Asia stocks shake off G7 jolt, U.S.-North Korea summit awaited

    [ad_1] TOKYO (Reuters) – Asia stocks shook off initial modest losses and edged up on Monday ahead of an historic U.S.-North Korea summit that investors hope might pave the way to ending a nuclear stand-off on the Korean peninsula. FILE PHOTO: A man looks at an electronic stock quotation board outside a brokerage in Tokyo,…

  • Asia stocks shake off G7 jolt, look to U.S.-North Korea summit outcome

    Asia stocks shake off G7 jolt, look to U.S.-North Korea summit outcome

    [ad_1] TOKYO (Reuters) – Asia stocks shook off initial modest losses and edged up on Monday ahead of an historic U.S.-North Korea summit that investors hope might pave the way to ending a nuclear stand-off on the Korean peninsula. FILE PHOTO: A man looks at an electronic stock quotation board outside a brokerage in Tokyo,…

  • Asia stocks edge up after G7; summit, central bank meetings eyed

    Asia stocks edge up after G7; summit, central bank meetings eyed

    [ad_1] TOKYO (Reuters) – Asia stocks shook off initial modest losses and edged up on Monday ahead of a U.S.-North Korea summit that might ease regional tensions, while investors also started to focus on key central bank meetings later this week. FILE PHOTO: A man looks at an electronic stock quotation board outside a brokerage…

  • Stocks set for tense session after G7 and ahead Trump-Kim Summit

    Stocks set for tense session after G7 and ahead Trump-Kim Summit

    [ad_1] TOKYO (Reuters) – Stocks markets were expected to be on the defensive on Monday as a weekend G7 summit fanned trade war fears after U.S. President Donald Trump backed out of a joint communique in a blow to the group’s efforts to show a united front. FILE PHOTO: A man looks at an electronic…

  • Major growth in FAANG stocks ‘very improbable,’ Allianz executive says

    Major growth in FAANG stocks ‘very improbable,’ Allianz executive says

    [ad_1] Price points to earnings as motivation for investors to stay in the game, despite the slew of negative headlines in recent months as major tech companies come under fire for personal data mismanagement and other unscrupulous practices. “Maybe I’d put a little lower PE on the stock because of this regulatory risk and potential…

  • Stocks set to open lower, endangering best week for the Dow in three months

    Stocks set to open lower, endangering best week for the Dow in three months

    [ad_1] Today’s G-7 meeting in Quebec is likely to be overshadowed by President Donald Trump’s decision to press ahead with tariffs on U.S. allies. Shortly after Trump announced the tariffs, U.S. allies quickly announced retaliatory measures. (CNBC) * Trump to leave summit early amid feud (USA Today)* Trump lashes out at allies after France threatens…

  • Euro boosted but bonds and stocks cautious after hawkish ECB comments

    Euro boosted but bonds and stocks cautious after hawkish ECB comments

    [ad_1] LONDON (Reuters) – The euro rose to a ten-day high on Wednesday after hawkish comments from the European Central Bank, adding upward pressure to bond yields and sinking some stocks as worries over Italy also weighed. FILE PHOTO: The German share price index, DAX board, is seen at the stock exchange in Frankfurt, Germany,…

  • Asia stocks climb as techs lift Wall Street, Italy still a worry

    Asia stocks climb as techs lift Wall Street, Italy still a worry

    [ad_1] TOKYO (Reuters) – Asian stocks rose on Wednesday after tech sector strength lifted Wall Street shares while concerns about Italy’s debt prompted investors to move into lower-risk government debt elsewhere, pushing U.S. Treasury yields down from recent highs. FILE PHOTO: Men exchange greetings in front of an electronic board displaying the Nikkei average outside…

  • Asia stocks rise as techs lift Wall Street, Italy still a worry

    Asia stocks rise as techs lift Wall Street, Italy still a worry

    [ad_1] TOKYO (Reuters) – Asian stocks rose on Wednesday after tech sector strength lifted Wall Street shares while concerns about Italy’s debt prompted investors to move into lower-risk government debt elsewhere, pushing U.S. Treasury yields down from recent highs. FILE PHOTO: Men exchange greetings in front of an electronic board displaying the Nikkei average outside…

  • Asia stocks edge up as techs lift Wall Street, Italy still a worry

    Asia stocks edge up as techs lift Wall Street, Italy still a worry

    [ad_1] TOKYO (Reuters) – Asian stocks edged up on Wednesday after tech sector strength lifted Wall Street shares, while concerns about Italy’s debt prompted investors to move into lower-risk government debt elsewhere, pushing U.S. Treasury yields down from recent highs. FILE PHOTO: Men exchange greetings in front of an electronic board displaying the Nikkei average…

  • Cruise ship stocks are the worst performers in S&P 500

    Cruise ship stocks are the worst performers in S&P 500

    [ad_1] Shares of the major cruise-line companies fell broadly on Tuesday after an analyst at Morgan Stanley said he expect the space to get hit by weak travel demand. Carnival, Royal Caribbean Cruises and Norwegian Cruise Line all dropped more than 4 percent and were the worst-performing stocks in the S&P 500. Carnival and Norwegian…

  • Asia stocks steady after rally, focus back on fundamentals

    Asia stocks steady after rally, focus back on fundamentals

    [ad_1] TOKYO (Reuters) – Asian stocks steadied on Tuesday as investors paused for breath after the previous day’s rally, although tech-inspired Wall Street gains supported broader sentiment as focus shifted to bullish economic fundamentals, away from trade concerns. FILE PHOTO: People walk past an electronic board showing exchange rate between Japanese Yen and U.S. Dollar…

  • Apple Stocks app for iOS 12 introduces news, interactive charts

    Apple Stocks app for iOS 12 introduces news, interactive charts

    [ad_1] Apple said on Monday it would expand its standard Stocks app to include business news and other business metrics, like extended trading. Top stories shown in the Stocks app will feature business news, separately from Apple’s News app. Full articles will be visible without leaving the Stocks app. The Stocks app will also be…

  • Asia stocks edge down after rally, focus back on fundamentals

    Asia stocks edge down after rally, focus back on fundamentals

    [ad_1] TOKYO (Reuters) – Asian stocks pulled back on Tuesday as investors paused for breath after the previous day’s rally, although tech-inspired Wall Street gains supported broader sentiment as focus shifted to bullish economic fundamentals, away from trade concerns. FILE PHOTO: People walk past an electronic board showing exchange rate between Japanese Yen and U.S.…

  • Asia stocks dip after rally, focus back on fundamentals

    Asia stocks dip after rally, focus back on fundamentals

    [ad_1] TOKYO (Reuters) – Asian stocks dipped on Tuesday as the markets took a breather after the previous day’s rally, although tech-inspired Wall Street gains helped limit the losses, with investor focus moving away from trade concerns and back to benign economic fundamentals. FILE PHOTO: People walk past an electronic board showing exchange rate between…

  • It’s not just FANG—other tech stocks drove Nasdaq to new highs

    It’s not just FANG—other tech stocks drove Nasdaq to new highs

    [ad_1] First, Cramer turned to Apple, one of his favorite consumer products companies. Shares of the iPhone maker hit record highs on Monday as its annual developer conference kicked off. Apple has long been the target of critics on Wall Street who worried about declining hype around the newest iPhones, supply chain issues and the…

  • JP Morgan upgrades US stocks, downgrades Europe

    JP Morgan upgrades US stocks, downgrades Europe

    [ad_1] On Friday, Italy swore a populist coalition into power, bringing some closure to political turmoil that hit global markets last week. Earlier in the week, the euro dropped to a low of $1.1506, its lowest since July 2017. The STOXX Europe 600 index fell 1.07 percent last week for a second straight week of…

  • Goldman’s portfolio of hedge funds’ favorite stocks beating market

    Goldman’s portfolio of hedge funds’ favorite stocks beating market

    [ad_1] Lucas Jackson | Reuters A worker moves a bin filled with products inside of an Amazon fulfillment centre in Robbinsville, New Jersey, November 27, 2017. A stocks portfolio made up of hedge funds’ favorite picks put together by Goldman Sachs is up twice as much as the broader market this year, which is struggling…

  • Investors are running away from Mexico stocks as AMLO lead grows

    Investors are running away from Mexico stocks as AMLO lead grows

    [ad_1] A poll conducted by Mexican daily Reforma between May 24 and May 27 showed 52 percent of voters would choose AMLO to become the country’s next president, up from 48 percent in late April. Parametria, a polling agency based in Mexico City, found AMLO’s preference among voters grew to 45 percent in late May…

  • Wall St. rises on strong jobs data; tech stocks climb

    Wall St. rises on strong jobs data; tech stocks climb

    [ad_1] (Reuters) – Wall Street stocks rose on Friday after the latest monthly jobs report pointed to strength in the U.S. economy and political tensions in Italy eased. FILE PHOTO: Traders work on the floor of the New York Stock Exchange (NYSE) in New York, U.S., May 18, 2018. REUTERS/Brendan McDermid Technology stocks led the…

  • Asia stocks claw back earlier losses but trade tensions limit gains

    Asia stocks claw back earlier losses but trade tensions limit gains

    [ad_1] TOKYO (Reuters) – Asian equities shook off earlier weakness on Friday, as a softer yen supported Japanese stocks and firm export data drove South Korean markets higher, although rekindled concerns about U.S. protectionist trade policies limited gains. Market prices are reflected in a glass window at the Tokyo Stock Exchange (TSE) in Tokyo, Japan,…

  • Asia stocks sag as U.S. tariffs reignite trade war fears

    Asia stocks sag as U.S. tariffs reignite trade war fears

    [ad_1] TOKYO (Reuters) – Asian equities sagged on Friday as worries about U.S. trade policy hit global financial markets, which were already shaken this week by political turmoil in Italy. Market prices are reflected in a glass window at the Tokyo Stock Exchange (TSE) in Tokyo, Japan, February 6, 2018. REUTERS/Toru Hanai Wall Street shares…

  • Stocks, euro, Italian bonds make second day of gains

    Stocks, euro, Italian bonds make second day of gains

    [ad_1] LONDON (Reuters) – World stocks, the euro and Italian bonds all made a second day of gains on Thursday, after renewed efforts from politicians in Rome to form a government and data from China pointed to its giant economy performing well. FILE PHOTO: A man looks at an electronic stock quotation board outside a…

  • Asian stocks rebound, euro pulls off lows as anxiety over Italy recedes

    Asian stocks rebound, euro pulls off lows as anxiety over Italy recedes

    [ad_1] TOKYO (Reuters) – Asian stocks rebounded from a two-month trough on Thursday and the euro enjoyed a respite after sinking to its lowest in 10 months as the political turmoil in Italy that roiled global financial markets showed signs of easing. FILE PHOTO: A man looks at an electronic stock quotation board outside a…

  • Asia stocks rebound, euro pulls off lows as Italy anxiety cools

    Asia stocks rebound, euro pulls off lows as Italy anxiety cools

    [ad_1] TOKYO (Reuters) – Asian stocks rebounded from a two-month trough on Thursday, while the euro enjoyed a respite after sinking to its lowest in 10 months as political turmoil in Italy that had roiled global financial markets showed signs of easing. FILE PHOTO: A man looks at an electronic stock quotation board outside a…

  • Asia stocks bounce, euro pulls off lows as Italy anxiety ebbs

    Asia stocks bounce, euro pulls off lows as Italy anxiety ebbs

    [ad_1] TOKYO (Reuters) – Asian stocks rebounded from a two-month trough on Thursday, while the euro enjoyed a respite after sinking to its lowest in 10 months as political turmoil in Italy that had roiled global financial markets showed signs of easing. Traders work on the floor of the New York Stock Exchange (NYSE) in…

  • Oil prices dip on unexpected growth in U.S. crude stocks

    Oil prices dip on unexpected growth in U.S. crude stocks

    [ad_1] SEOUL (Reuters) – Oil prices dropped on Thursday, weighed down by a surprise rise in U.S. crude inventories and by expectations that OPEC and other producers could increase output at a meeting in June. Drilling equipment is seen at the Sindbad oil field near the Iraqi-Iranian border in Basra, Iraq April 23, 2018. Picture…

  • Wall St. rebounds, fueled by energy stocks

    Wall St. rebounds, fueled by energy stocks

    [ad_1] NEW YORK (Reuters) – U.S. stocks rose on Wednesday, with the S&P 500 set to erase all its losses from Tuesday as signs of easing political turmoil in Italy emerged. FILE PHOTO: Traders work at the Citadel Securities post on the floor of the New York Stock Exchange (NYSE) in New York City, U.S.,…

  • Mark Mobius predicts 30% drop in US stocks

    Mark Mobius predicts 30% drop in US stocks

    [ad_1] Exchange-traded funds hold a basket of stocks and can be traded in real time. The investment product has become increasingly popular, and BlackRock predicts global ETF assets will more than double from $4.7 trillion this year to $12 trillion by the end of 2023. U.S. stocks are in the middle of their second-longest bull…

  • World stocks fall for sixth day but Italy, euro in mini-bounce

    World stocks fall for sixth day but Italy, euro in mini-bounce

    [ad_1] LONDON (Reuters) – Italy’s political crisis and renewed trade war fears sent world stocks lower for the sixth day in a row, though hopes that Italy could avoid a new election helped European markets stage a mini-bounce from one of their worst selloffs in years. FILE PHOTO: The podium where Carlo Cottarelli was waited…

  • Stocks take battering as Italian crisis roils financial markets

    Stocks take battering as Italian crisis roils financial markets

    [ad_1] TOKYO (Reuters) – Asian stocks extended a global sell-off on Wednesday as Italy’s political crisis rippled across financial markets, toppling the euro to a 10-month low, pushing up Italian borrowing costs and sending investors rushing to safe-haven assets such as U.S. Treasuries. FILE PHOTO: The podium where Carlo Cottarelli was waited to talk with…

  • Stocks tumble as Italian crisis knocks global sentiment

    Stocks tumble as Italian crisis knocks global sentiment

    [ad_1] TOKYO (Reuters) – Asian shares extended a global sell-off in early trading Wednesday as Italy’s political crisis provoked a heavy retreat on Wall Street, sent the euro to a 10-month low and pushed up borrowing costs for the government in Rome. Traders work on the floor of the New York Stock Exchange (NYSE) in…

  • Stocks making the biggest moves after hours: CRM, HPQ & more

    Stocks making the biggest moves after hours: CRM, HPQ & more

    [ad_1] Kimberly White | Getty Images Marc Benioff, CEO of Salesforce, speaks at the GLAAD Gala at Metreon on September 8, 2016 in San Francisco, California. Check out the companies making headlines after the bell on Tuesday: Shares of Salesforce gained more than 4 percent in after hours trading. The cloud computing company beat analyst…

  • Italian concerns knock stocks, euro off early highs

    Italian concerns knock stocks, euro off early highs

    [ad_1] LONDON (Reuters) – European stocks gave up early gains and bond yields recovered from lows as early elections loomed in Italy after the anti-establishment 5-Star and League parties abandoned plans to form a government. FILE PHOTO: Traders prepare before the opening of the German stock exchange in front of the empty DAX board, at…

  • Oil sinks while stocks gain on North Korea, euro shaken by Italy

    Oil sinks while stocks gain on North Korea, euro shaken by Italy

    [ad_1] TOKYO (Reuters) – U.S. oil futures hit six-week lows on expectations major producers may ease output curbs on Monday, while Asian stocks and U.S. share futures gained on signs the United States and North Korea were still working towards holding a summit. Traders work on the floor of the New York Stock Exchange (NYSE)…

  • Tesla is near the top of list of stocks that Wall Street is most confused about

    Tesla is near the top of list of stocks that Wall Street is most confused about

    [ad_1] Still, for Tesla, a cursory glance at headlines in the past few weeks shows an exceptional growth in the division between Tesla optimists and pessimists. For example, Baird reiterated its outperform rating on Wednesday, predicting that the Palo Alto-based automaker will make significant progress in its Model 3 output. The analyst reaffirmed his $411…

  • No recession until late 2020, so keep buying stocks, Credit Suisse says

    No recession until late 2020, so keep buying stocks, Credit Suisse says

    [ad_1] A U.S. recession probably won’t happen for another two years, and in the meantime stocks are a good bet, according to closely-followed Credit Suisse analyst Andrew Garthwaite. “We conclude that a US recession is unlikely until Q3 2020,” Garthwaite wrote in a note to clients Friday. “Remain overweight equities.” Typically, an inverted yield curve,…

  • South Korean stocks ETF skids after Trump cancels North Korean summit

    South Korean stocks ETF skids after Trump cancels North Korean summit

    [ad_1] Jung Yeon-Je | AFP | Getty Images A man watches a television news showing North Korean leader Kim Jong Un (R) and US President Donald Trump (L), at a railway station in Seoul on May 24, 2018. An exchange-traded fund tracking South Korean stocks briefly dropped more than 2.5 percent Thursday after President Donald…

  • stocks go higher when interest rates rise

    stocks go higher when interest rates rise

    [ad_1] Higher interest rates are good for the stock market, noted investor Bill Miller said in call about the first quarter for markets. “Looking at the last 20 years — all cases of higher interest rates have been met with a market that’s gone higher,” Miller said, according to notes from the call published May…

  • Stocks making the biggest moves after hours: RRGB, TCS & more

    Stocks making the biggest moves after hours: RRGB, TCS & more

    [ad_1] Check out the companies making headlines after the bell: Red Robin Gourmet Burgers stock plunged more than 16 percent after the bell, after the burger chain missed on top and bottom lines in the first quarter. Red Robin reported EPS of 69 cents on $422 million in revenue versus the 76 cents on $427…

  • If we see another pullback, buy oil stocks

    If we see another pullback, buy oil stocks

    [ad_1] After U.S. crude oil prices hit a three-and-a-half-year high on Tuesday, CNBC’s Jim Cramer drilled down on why investors should’ve seen it coming. The “Mad Money” host pointed to an April conference call at oil giant Schlumberger led by its CEO, Paal Kibsgaard. On the call, Kibsgaard said that supply and demand were in…

  • Sell stocks as another correction is coming, strategist warns

    Sell stocks as another correction is coming, strategist warns

    [ad_1] The bond market is signaling an upcoming correction and investors should sell their shares in listed companies, a strategist told CNBC Tuesday. Borrowing costs have gone up over the last few weeks, with the yield on both the 10-year U.S. Treasury note and the two-year bond reaching multiyear highs last Friday. Higher yields, which…

  • ‘Stealth slowdown’ means stocks are ‘cruising to a bruising’: Ex-bull

    ‘Stealth slowdown’ means stocks are ‘cruising to a bruising’: Ex-bull

    [ad_1] A veteran economic forecaster and self-described former super bull is telling investors not to get too comfortable with the stock market’s latest rally. Economic Cycle Research Institute co-founder Lakshman Achuthan warned on CNBC’s “Trading Nation” that an economic slowdown is already here — suggesting that Wall Street is dangerously optimistic right now. “There’s some…

  • Rising oil prices help ground U.S. airline stocks; could make them cheap

    Rising oil prices help ground U.S. airline stocks; could make them cheap

    [ad_1] NEW YORK (Reuters) – Shares of U.S. airlines have been depressed by rising oil prices this year, but their descent to relatively cheap levels could position them for takeoff. An American Airlines flight lands at Logan International Airport in Boston, Massachusetts, U.S. January 9, 2018. REUTERS/Brian Snyder Just since mid-March, the S&P 1500 airlines…

  • These tech stocks have most to gain as US-China trade tensions cool

    These tech stocks have most to gain as US-China trade tensions cool

    [ad_1] George Rose | Getty Images People crowd into the Qualcomm booth to view a series of new products during the annual Consumer Electronics Show on January 4, 2017 in Las Vegas, Nevada. Easing U.S.-China trade tensions will likely help chipmakers’ stocks the most. Among companies in the S&P 500, Skyworks Solutions, Qualcomm, Qorvo, Broadcom…

  • Stocks, oil and dollar rise as trade war put ‘on hold’

    Stocks, oil and dollar rise as trade war put ‘on hold’

    [ad_1] LONDON (Reuters) – Stocks, oil prices and the dollar were on the rise on Monday after the U.S.-China trade war was declared “on hold” while in Europe, Italy’s borrowing costs climbed and the Milan bourse fell as two anti-establishment parties got closer to power. FILE PHOTO: Traders work on the floor of the New York…

  • Stocks rally after Mnuchin says Sino-U.S. trade war ‘on hold’

    Stocks rally after Mnuchin says Sino-U.S. trade war ‘on hold’

    [ad_1] TOKYO (Reuters) – Stocks rose on Monday after U.S. Treasury Secretary Steven Mnuchin declared the U.S.-China trade war “on hold” following their agreement to suspend the tariff threats that roiled global markets this year. FILE PHOTO: Traders work on the floor of the New York Stock Exchange (NYSE) in New York, U.S., May 18,…

  • Deutsche Boerse to include tech stocks in MDAX and SDAX in index shakeup

    Deutsche Boerse to include tech stocks in MDAX and SDAX in index shakeup

    [ad_1] FRANKFURT (Reuters) – Deutsche Boerse, the German stock exchange operator, is planning a major shakeup of the composition of three key indexes later this year that affects technology stocks. FILE PHOTO: The German share prize index (DAX) board and the trading room of Frankfurt’s stock exchange (Boerse Frankfurt) are photographed with a circular fisheye…

  • Wall Street edges lower as bank, chip stocks weigh

    Wall Street edges lower as bank, chip stocks weigh

    [ad_1] (Reuters) – Wall Street edged lower on Friday, weighed down by bank and chip shares as well as a handful of tepid earnings reports, although losses were capped by gains in industrial stocks on signs of progress in Sino-U.S. trade talks. Traders work on the floor of the New York Stock Exchange (NYSE) in…

  • Asia stocks steady as markets eye U.S.-China trade talks, dollar elevated

    Asia stocks steady as markets eye U.S.-China trade talks, dollar elevated

    [ad_1] TOKYO (Reuters) – Asian stocks were steady on Friday amid caution over developments in U.S.-China trade negotiations, while the dollar perched near a five-month peak after the benchmark U.S. Treasury yield hit its highest in seven years. Market prices are reflected in a glass window at the Tokyo Stock Exchange (TSE) in Tokyo, Japan,…

  • Asia stocks steady as markets eye US-China trade talks, dollar elevated

    Asia stocks steady as markets eye US-China trade talks, dollar elevated

    [ad_1] TOKYO (Reuters) – Asian stocks were steady on Friday amid caution over developments in U.S.-China trade negotiations, while the dollar perched near a five-month peak after the benchmark U.S. Treasury yield hit its highest in seven years. Market prices are reflected in a glass window at the Tokyo Stock Exchange (TSE) in Tokyo, Japan,…

  • Asia stocks edge higher, investors cautious on U.S.-China trade talks

    Asia stocks edge higher, investors cautious on U.S.-China trade talks

    [ad_1] TOKYO (Reuters) – Asian stocks edged up on Friday as investors kept a cautious watch on developments in U.S.-China trade negotiations, with the dollar perched near a five-month peak after the benchmark U.S. Treasury yield hit its highest in seven years. Market prices are reflected in a glass window at the Tokyo Stock Exchange…

  • Asia stocks edge up, investors cautious on U.S.-China trade talks

    Asia stocks edge up, investors cautious on U.S.-China trade talks

    [ad_1] TOKYO (Reuters) – Asian stocks edged up on Friday as investors kept a cautious watch on developments in U.S.-China trade negotiations, while the dollar was perched near a five-month peak against a basket of currencies thanks to the benchmark U.S. Treasury yield topping a seven-year high. Market prices are reflected in a glass window…

  • These Dow stocks — including Goldman Sachs — win big when rates rise

    These Dow stocks — including Goldman Sachs — win big when rates rise

    [ad_1] Interest rates have been surging recently, with the benchmark U.S. 10-year Treasury note yield hitting levels not seen in nearly seven years. Certain stocks have track records of strong returns when rates rise. The yield broke above 3.1 percent on Wednesday for the first time since 2011. Investors have been selling Treasurys (prices move…

  • Small cap stocks quietly rise to new all-time high

    Small cap stocks quietly rise to new all-time high

    [ad_1] Brendan McDermid | Reuters Traders work on the floor of the New York Stock Exchange on November 18, 2016. The Russell 2000 index hit an all-time intraday high on Wednesday, sneaking past its large-cap counterparts amid lingering trade tensions between the U.S. and some of its key trade partners. Wednesday’s record marks the Russell’s…

  • Wall Street edges higher as retail stocks gain

    Wall Street edges higher as retail stocks gain

    [ad_1] (Reuters) – Wall Street edged higher on Wednesday as Macy’s strong results helped drive gains in retails stocks and more than offset losses in energy shares. FILE PHOTO: Traders work on the floor of the New York Stock Exchange (NYSE) in New York, U.S., May 2, 2018. REUTERS/Brendan McDermid Macy’s (M.N) rose 5.7 percent…

  • Hedge fund manager Stanley Druckenmiller bets big on chip stocks

    Hedge fund manager Stanley Druckenmiller bets big on chip stocks

    [ad_1] Stanley Druckenmiller made big bets on semiconductor stocks during the first quarter, according to a regulatory filing released Tuesday. Duquesne Capital initiated positions in Intel, Micron Technology and Qualcomm. The fund bought 2.46 million shares of Intel, 2.19 million shares of Micron and 411,000 of Qualcomm. In total, Duquesne invested $273.8 million in those…

  • Protect your portfolio with these “resilient” stocks

    Protect your portfolio with these “resilient” stocks

    [ad_1] The drop by stocks Tuesday — after the rally where the Dow posted an eight-day winning streak — is a good chance to pick up some defensive stocks, said Jamie Cox, managing partner at Harris Financial Group. “Even though the economy is charging right along, there’s going to be a payback someday,” Cox said…

  • Global stocks sink as soft China data, trade fears weigh

    Global stocks sink as soft China data, trade fears weigh

    [ad_1] LONDON (Reuters) – World stocks fell on Tuesday as investors digested soft Chinese economic data and a lack of progress in U.S.-China trade talks, while a rise in U.S. borrowing costs supported the dollar. FILE PHOTO: The German share price index, DAX board, is seen at the stock exchange in Frankfurt, Germany, March 16,…

  • Asia stocks pull back as investors eye new risks; oil higher

    Asia stocks pull back as investors eye new risks; oil higher

    [ad_1] TOKYO (Reuters) – Asian stocks pulled back on Tuesday, brushing off a firmer Wall Street lead and pausing a recent rally, as investors remained cautious about key economic and political risks, while supply concerns kept crude oil prices near 3-1/2-year highs. People look at trading boards at a private stock market gallery in Kuala…

  • Asia stocks step back on tepid Wall Street, oil elevated

    Asia stocks step back on tepid Wall Street, oil elevated

    [ad_1] TOKYO (Reuters) – Asia stocks pulled back on Tuesday, after an uninspiring performance on Wall Street eclipsed support from U.S.-China trade optimism, while supply concerns kept crude oil prices near 3-1/2-year highs. People look at trading boards at a private stock market gallery in Kuala Lumpur, Malaysia May 14, 2018. REUTERS/Stringer MSCI’s broadest index…

  • World stocks head higher on hopes of thawing trade tensions

    World stocks head higher on hopes of thawing trade tensions

    [ad_1] LONDON (Reuters) – Prospects of a thaw in U.S.-China trade tensions supported global stocks on Monday, as U.S. President Donald Trump pledged to help ZTE Corp “get back into business, fast” after a U.S. ban crippled the Chinese technology company, while oil prices retreated from highs. A man looks at an electronic stock quotation…

  • Asian stocks up on hopes of thaw in U.S.-China trade tensions

    Asian stocks up on hopes of thaw in U.S.-China trade tensions

    [ad_1] SYDNEY (Reuters) – Asian shares rose to near two-month highs on Monday on hopes of a thaw in U.S.-China trade tensions, after U.S. President Donald Trump pledged to help ZTE Corp “get back into business, fast” after a U.S. ban crippled the Chinese technology company. A man looks at an electronic stock quotation board…

  • Asian stocks near three-week high, eyes on upcoming U.S.-Korea summit

    Asian stocks near three-week high, eyes on upcoming U.S.-Korea summit

    [ad_1] SYDNEY (Reuters) – Asian shares rallied on Friday as investors’ appetite for riskier assets got a boost from soft U.S. inflation, which helped alleviate worries of faster rate hikes by the Federal Reserve. FILE PHOTO: A videographer films an electronic board showing the Japan’s Nikkei average (Top R) and related indexes at the Tokyo…

  • Stocks in danger zone due to rising inflation, Jim Paulsen warns

    Stocks in danger zone due to rising inflation, Jim Paulsen warns

    [ad_1] If investors aren’t positioned right, Paulsen said, the damage could be downright painful. He expects the S&P 500 to end the year flat or slightly lower from current levels. But he has a game plan to weather a correction-prone market. “You can move away from the United States. I don’t think overseas markets have…

  • Asian stocks near three-week top, dollar eases after U.S. inflation

    Asian stocks near three-week top, dollar eases after U.S. inflation

    [ad_1] SYDNEY (Reuters) – Asian markets started on a firm footing and the dollar eased on Friday as softer-than-forecast U.S. inflation data tempered expectations for faster Federal Reserve interest rate rises this year. FILE PHOTO: A videographer films an electronic board showing the Japan’s Nikkei average (Top R) and related indexes at the Tokyo Stock…

  • Asia stocks gain as crude oil extends rally on Iran woes

    Asia stocks gain as crude oil extends rally on Iran woes

    [ad_1] TOKYO (Reuters) – Asian stocks rose on Thursday, with energy shares leading the way as crude oil prices bolted higher after U.S. President Donald Trump’s decision to pull out of a nuclear deal with Iran. An employee of the Tokyo Stock Exchange (TSE) works at the bourse in Tokyo, Japan, February 6, 2018. REUTERS/Toru…

  • Morgan Stanley’s call on Micron saved stocks from trade fears

    Morgan Stanley’s call on Micron saved stocks from trade fears

    [ad_1] As energy stocks rose on Wednesday after President Donald Trump exited the Iran nuclear deal, CNBC’s Jim Cramer wanted to explain the simultaneous rally in the technology sector. The “Mad Money” host said it all started with a research note released by Morgan Stanley. The analysts wrote that near-term conditions for semiconductors and the…

  • Cramer talks Disney, Walmart as stocks fall on ESPN, Flipkart news

    Cramer talks Disney, Walmart as stocks fall on ESPN, Flipkart news

    [ad_1] CNBC’s Jim Cramer was taken aback when shares of Disney and Walmart got slammed after the companies announced new investments. Shares of Disney closed down nearly 2 percent on Wednesday after the entertainment giant revealed that it was spending heavily to boost ESPN Plus’ online offerings. Walmart’s stock also lost more than 3 percent…

  • Asia stocks rise as crude oil extends rally on Iran worries

    Asia stocks rise as crude oil extends rally on Iran worries

    [ad_1] TOKYO (Reuters) – Asian stocks rose on Thursday, with energy shares leading the way as crude oil prices bolted higher after U.S. President Donald Trump’s decision to pull out of a nuclear deal with Iran. An employee of the Tokyo Stock Exchange (TSE) works at the bourse in Tokyo, Japan, February 6, 2018. REUTERS/Toru…

  • Wall Street set for higher open as oil rally boosts energy stocks

    Wall Street set for higher open as oil rally boosts energy stocks

    [ad_1] (Reuters) – Wall Street was set to open higher on Wednesday, with shares of energy companies getting a boost from surging oil prices after President Donald Trump decided to pull the United States out of a nuclear deal with Iran. Traders work on the floor of the New York Stock Exchange (NYSE) in New…

  • Warren Buffett says he never tries to ‘time’ stocks

    Warren Buffett says he never tries to ‘time’ stocks

    [ad_1] Buffett said it is a “mistake” to not invest in a great company due to market worries. The billionaire shared he first started buying stocks in 1942 as an 11-year-old during a troubled point for the U.S. in World War II. He cited scary developments over the decades from major wars, atomic weapons, massive…

  • A bounce could boost stocks in just weeks, Wells Fargo predicts

    A bounce could boost stocks in just weeks, Wells Fargo predicts

    [ad_1] Wells Fargo Securities’ Chris Harvey is finding more reasons to be upbeat on stocks, as Wall Street battles to stay optimistic. On Friday, the index surged following an encouraging April jobs report. Both the Dow and S&P 500 Indexes saw their best daily performance since April 10, but still ended the week marginally lower.…

  • Stocks to ‘power through’ slump, Credit Suisse’s Jonathan Golub says

    Stocks to ‘power through’ slump, Credit Suisse’s Jonathan Golub says

    [ad_1] Market bull Jonathan Golub said stocks will make another record run this year just as the Dow sank back into correction territory. The Credit Suisse chief U.S. equity strategist believes Wall Street is making a mistake by not embracing an unprecedented first-quarter earnings season. “It’s really strange. We’re seeing the best earnings season maybe…

  • Asia stocks ease, dollar off highs before U.S. payrolls

    Asia stocks ease, dollar off highs before U.S. payrolls

    [ad_1] SINGAPORE (Reuters) – Asian shares stepped back on Friday while the dollar ran into some profit-taking after a strong week of gains as financial markets turned their attention to looming U.S. payrolls data for fresh catalysts. FILE PHOTO – A pedestrian stands to look at an electronic board showing the stock market indices of…

  • Asia stocks steady, yen firm as markets await U.S. payrolls

    Asia stocks steady, yen firm as markets await U.S. payrolls

    [ad_1] SINGAPORE (Reuters) – Asian shares were steady while the Japanese yen held onto overnight gains in early trading on Friday as financial markets turned their attention to the looming U.S. payrolls data for fresh catalysts. An electronic board showing the Nikkei share average is seen as market prices are reflected in a glass window…

  • Trade worries keep world stocks subdued

    Trade worries keep world stocks subdued

    [ad_1] World stocks have made little progress as worries over global trade tensions weighed, while the US dollar consolidated recent bumper gains after the Federal Reserve reaffirmed the outlook for more rate hikes. The MSCI world equity index, which tracks shares in 47 countries, traded flat in per centage terms. Europe’s pan-European STOXX 600 index…

  • Trade worries keep world stocks subdued, dollar holds gains

    Trade worries keep world stocks subdued, dollar holds gains

    [ad_1] LONDON (Reuters) – World stocks made little progress on Thursday as worries over global trade tensions weighed, while the U.S. dollar consolidated recent bumper gains after the Federal Reserve reaffirmed the outlook for more rate hikes. FILE PHOTO: A U.S. Dollar note is seen in this June 22, 2017 illustration photo. REUTERS/Thomas White/Illustration/File Photo…

  • Semiconductor stocks climb after Apple eases fears of iPhone slump

    Semiconductor stocks climb after Apple eases fears of iPhone slump

    [ad_1] Chipmaker stocks jumped late Tuesday after Apple reported steady iPhone sales, easing fears of a significant decline. Skyworks Solutions climbed 3 percent in after-hours trading, following gains of 4.77 percent during Tuesday’s session. The VanEck Vectors Semiconductor ETF (SMH) climbed 0.8 percent. Micron Technology shares rose more than 1 percent, shares of Cirrus Logic…

  • Higher rates and inflation and rougher time for stocks: CNBC Fed Survey

    Higher rates and inflation and rougher time for stocks: CNBC Fed Survey

    [ad_1] The outlook for inflation continues to rise, with respondents raising their consumer price index forecasts in this survey and in four of the past five surveys. Year-over-year inflation is forecast to hit 2.45 percent this year, up from a 2.14 percent low forecast last July for 2018. After a weak first quarter, respondents shaved…

  • World stocks set for positive April as big ticket M&As return

    World stocks set for positive April as big ticket M&As return

    [ad_1] SYDNEY (Reuters) – World stocks are set to notch up a positive month for the first time since January, as a slew of positive earnings from U.S. technology firms and marquee M&A deals help soothe memories of February tremors. FILE PHOTO: A man looks at an electronic stock quotation board outside a brokerage in…

  • Charter plummets nearly 12%, drags cable stocks down

    Charter plummets nearly 12%, drags cable stocks down

    [ad_1] Shares of Charter Communications tumbled 11.7 percent on Friday after the company reported a bigger-than-expected loss of video subscribers for the previous quarter. The company reported a loss of 122,000 video subscribers for the first quarter. Analysts polled by StreetAccount expected a loss of 43,000. Charter also added 331,000 internet subscribers, less than a…

  • Investors yank most money from US stocks since 2008

    Investors yank most money from US stocks since 2008

    [ad_1] Much of the selling is in the passive investment products favored by retail investors. After a surge of inflows in January, U.S.-listed exchange-traded products posted their first two-straight months of outflows since 2008, according to Credit Suisse. “Right across the board, everybody came into the year in a pretty buoyant mood,” said Michael Hartnett,…

  • Why Intel earnings could ignite a rally for the chip stocks

    Why Intel earnings could ignite a rally for the chip stocks

    [ad_1] Chip stocks soared Thursday on the heels of positive earnings from Qualcomm and Advanced Micro. Some traders expect the rally to get even hotter when blue-chip behemoth Intel reports Thursday after the bell. Intel is set to report first-quarter earnings after the bell on Thursday, and the options market is implying a 5 percent…

  • Asian stocks rise after U.S. tech shares bounce

    Asian stocks rise after U.S. tech shares bounce

    [ad_1] SINGAPORE (Reuters) – Asian shares rose on Friday after U.S. equities were buoyed by a rebound in technology stocks, while markets in Seoul were underpinned by optimism as leaders of North and South Korea held their first summit in over a decade. Market prices are reflected in a glass window at the Tokyo Stock…

  • Stocks, euro tip-toe higher ahead of ECB news conference

    Stocks, euro tip-toe higher ahead of ECB news conference

    [ad_1] LONDON (Reuters) – European stocks and the euro made tentative gains on Thursday as a drop in bond market stress levels helped sentiment ahead of a read out from the European Central Bank’s latest meeting. The German share price index, DAX board, is seen at the stock exchange in Frankfurt, Germany, March 21, 2018.…

  • Asia stocks supported by Wall St., but China drags

    Asia stocks supported by Wall St., but China drags

    [ad_1] TOKYO (Reuters) – Asian stocks were supported on Thursday by robust corporate earnings that helped Wall Street quell concerns about the surge in U.S. bond yields. However, sagging Chinese shares limited the upside potential of the market. An electronic board showing the Nikkei share average is seen as market prices are reflected in a…

  • Stocks to rally 15 percent as earnings zap market fears: Federated

    Stocks to rally 15 percent as earnings zap market fears: Federated

    [ad_1] Wall Street’s second biggest bull is predicting a market comeback is in the works. Despite investor skittishness over Caterpillar CEO comments suggesting an economic slowdown and rising Treasury yields signaling inflation risks, Federated Investors’ Phil Orlando contends stocks will return to record territory this year. “This is the best earnings season we’ve seen in…

  • Asia stocks edge up as U.S. earnings prop up Wall St, dollar solid

    Asia stocks edge up as U.S. earnings prop up Wall St, dollar solid

    [ad_1] TOKYO (Reuters) – Asian stocks edged up on Thursday as robust corporate earnings helped Wall Street quell concerns over a surge in U.S. bond yields, while the dollar hovered near three-month highs against a basket of currencies. An electronic board showing the Nikkei share average is seen as market prices are reflected in a…

  • Trump’s bank watchdog bought financial stocks up until taking office

    Trump’s bank watchdog bought financial stocks up until taking office

    [ad_1] U.S. President Donald Trump‘s nominee for Wall Street regulator Comptroller of the Currency bought financial stocks until he took office in November, according to financial disclosure documents filed with the Office of Government Ethics. While not illegal, the trading activity by Joseph Otting’s money manager could violate the spirit of ethics rules designed to…

  • World stocks move towards longest losing streak of the year

    World stocks move towards longest losing streak of the year

    [ad_1] LONDON (Reuters) – World shares were on their longest losing streak of the year on Wednesday, as a rise in U.S. bond yields above 3 percent and warnings from top global firms about rising costs fed fears a boom in earnings may have peaked. The DAX (German stock index) logo is seen at the…

  • Caterpillar, Amazon are among the many big stocks reversing suddenly lower

    Caterpillar, Amazon are among the many big stocks reversing suddenly lower

    [ad_1] Something strange is happening in the stock market as big stocks are reversing sharply lower after opening higher Tuesday. Thirty stocks in the S&P 500 dropped more than 5 percent from their opening prices with many of the names concentrated in the industrial and technology sectors. The industrial stocks’ decline is likely due to…

  • Asian stocks pause after sell-off; dollar, oil near recent highs

    Asian stocks pause after sell-off; dollar, oil near recent highs

    [ad_1] TOKYO/SYDNEY (Reuters) – Asian stocks steadied after hitting two-week lows on Tuesday as investors paused for breathe following a heavy sell-off in recent sessions and waited to see if the dollar’s rally was sustainable. An employee of the Tokyo Stock Exchange (TSE) works at the bourse in Tokyo, Japan, February 6, 2018. REUTERS/Toru Hanai…

  • Asian stocks bounce; dollar, oil near recent highs

    Asian stocks bounce; dollar, oil near recent highs

    [ad_1] TOKYO/SYDNEY (Reuters) – Asian stocks bounced from near two-week lows on Tuesday as investors paused for breath following the heavy selling of recent sessions and waited to see if the dollar’s rally was sustainable. An employee of the Tokyo Stock Exchange (TSE) works at the bourse in Tokyo, Japan, February 6, 2018. REUTERS/Toru Hanai…

  • U.S debt deluge lifts bond yields to four-year high, Asia stocks down

    U.S debt deluge lifts bond yields to four-year high, Asia stocks down

    [ad_1] TOKYO (Reuters) – Asian stocks slipped and the U.S. dollar advanced on Tuesday, as a deluge of U.S. government debt this week and the specter of inflation and a higher fiscal deficit drove U.S. borrowing costs near four-year highs. An employee of the Tokyo Stock Exchange (TSE) works at the bourse in Tokyo, Japan,…

  • Wall Street edges lower as tech stocks, bond yields weigh

    Wall Street edges lower as tech stocks, bond yields weigh

    [ad_1] NEW YORK (Reuters) – Wall Street fell into negative territory on Monday as signs of soft smartphone demand took a toll on tech stocks and a rise in bond yields dented demand for equities, offsetting optimism on earnings. Tech stocks were a drag on all three major U.S. indexes ahead of a big week…

  • High-profile investors bet on stocks tied to millennials: Sohn Conference

    High-profile investors bet on stocks tied to millennials: Sohn Conference

    [ad_1] NEW YORK (Reuters) – Hedge fund managers at the high-profile 2018 Sohn Investment Conference in New York pitched stock ideas on Monday ranging from online food ordering to homebuilders that should benefit from the growing clout of the millennial generation. FILE PHOTO: John Khoury, Founder and Managing Partner, Long Pond Capital, speaks at the…

  • World Stocks stumble as U.S. yields near 3 percent

    World Stocks stumble as U.S. yields near 3 percent

    [ad_1] LONDON (Reuters) – World stocks slipped on Monday as investors braced for a blizzard of earnings from the world’s largest firms, while keeping a wary eye on U.S. bond yields as they approach peaks that have triggered market spasms in the past. FILE PHOTO: The London Stock Exchange Group offices are seen in the…

  • Asia stocks struggle as U.S. yields near 3 percent; oil stays high

    Asia stocks struggle as U.S. yields near 3 percent; oil stays high

    [ad_1] SYDNEY (Reuters) – Asian stocks dipped on Monday as investors braced for a bevy of earnings from the world’s largest corporations, while keeping a wary eye on U.S. bond yields as they approach peaks that have triggered market spasms in the past. A man walks past an electronic stock quotation board outside a brokerage…

  • Asia stocks struggle with rising yields; oil stays high

    Asia stocks struggle with rising yields; oil stays high

    [ad_1] SYDNEY (Reuters) – Asian stocks dipped on Monday as investors braced for a bevy of earnings from the world’s largest corporations, while keeping a wary eye on U.S. bond yields as they approach peaks that have triggered market spasms in the past. A man walks past an electronic stock quotation board outside a brokerage…

  • Asia stocks subdued by rising yields, earnings deluge

    Asia stocks subdued by rising yields, earnings deluge

    [ad_1] SYDNEY (Reuters) – Asian stocks started in muted fashion on Monday as investors braced for a bevy of earnings from the world’s largest corporations, while keeping a wary eye on U.S. bond yields as they approached peaks that had triggered ructions in the past. A man walks past an electronic stock quotation board outside…

  • Stocks set for second week of gains

    [ad_1] World stocks have dipped but were set for a second week of gains after a strong start to the global corporate earnings season, while a rally in commodity prices fizzled out. The MSCI All-Country World Index, which tracks shares in 47 countries, was down 0.3 per cent. Losses by the tech sector in Asia…

  • Global stocks set for second week of gains, commodities ease

    Global stocks set for second week of gains, commodities ease

    [ad_1] LONDON (Reuters) – World stocks dipped on Friday but were set for a second week of gains after a strong start to the global corporate earnings season, while a rally in commodity prices fizzled out. FILE PHOTO: General view of the stock exchange in Frankfurt, Germany, March 23, 2018. REUTERS/Kai Pfaffenbach/File Photo The MSCI…

  • Stocks set for second week of gains, commodities ease

    Stocks set for second week of gains, commodities ease

    [ad_1] LONDON (Reuters) – World stocks dipped on Friday but were set for a second week of gains after a strong start to the global corporate earnings season, while a rally in commodity prices fizzled out. FILE PHOTO: A man walks past an electronic stock quotation board outside a brokerage in Tokyo, Japan, February 9,…

  • Apple, Philip Morris, chip stocks lead Wall Street slide

    Apple, Philip Morris, chip stocks lead Wall Street slide

    [ad_1] (Reuters) – U.S. stocks dropped on Thursday, weighed down by a broad-based decline in technology stocks from Apple to chipmakers as well as a tumble in consumer staples such as Philip Morris and P&G. Traders work on the floor of the New York Stock Exchange in the Manhattan borough of New York City, New…

  • Wall Street opens lower as chip stocks, Apple drag

    Wall Street opens lower as chip stocks, Apple drag

    [ad_1] (Reuters) – The benchmark S&P 500 index and the Nasdaq opened lower after three days of gains on Thursday as technology stocks took a beating from Apple’s decline and weakness in chipmakers. Traders work on the floor of the New York Stock Exchange (NYSE) in New York, U.S., April 18, 2018. REUTERS/Brendan McDermid The…

  • Oil climbs on Saudi price ambitions and U.S. stocks draw

    Oil climbs on Saudi price ambitions and U.S. stocks draw

    [ad_1] LONDON (Reuters) – Oil prices kept rising to their highest since late 2014 as U.S. crude inventories declined, moving closer to five-year averages, and after sources told Reuters that top exporter Saudi Arabia aims to push prices even higher. FILE PHOTO: A pump jack is seen at sunrise near Bakersfield, California October 14, 2014.…

  • Resource stocks jump in Asia as oil extends rally

    Resource stocks jump in Asia as oil extends rally

    [ad_1] SYDNEY (Reuters) – Resource stocks were on a roll in Asia on Thursday as oil prices hit heights not seen since late 2014 and ignited a rally across commodities, though the potential boost to inflation globally also put some pressure on fixed-income assets. FILE PHOTO: Market prices are reflected in a glass window at…

  • Resource stocks rally as oil surges, bonds suffer

    Resource stocks rally as oil surges, bonds suffer

    [ad_1] SYDNEY (Reuters) – Resource stocks were on a roll in Asia on Thursday as oil prices hit heights not seen since late 2014, though the potential boost to inflation globally also pressured fixed-income assets. FILE PHOTO: Market prices are reflected in a glass window at the Tokyo Stock Exchange (TSE) in Tokyo, Japan, February…

  • Energy, transport stocks lift Wall Street, IBM drags

    Energy, transport stocks lift Wall Street, IBM drags

    [ad_1] NEW YORK (Reuters) – Wall Street edged higher in a volatile trading session on Wednesday, with strong gains in the energy index partly offset by weakness in industry sectors such as technology and financials. FILE PHOTO: Traders work on the floor of the New York Stock Exchange (NYSE) in New York, U.S., March 29,…

  • FTSE shines as world stocks near four-week highs

    FTSE shines as world stocks near four-week highs

    [ad_1] LONDON (Reuters) – Global stocks climbed to a near four-week high and Wall Street was gearing up for a positive open on Wednesday as strong U.S. first-quarter earnings helped revive risk appetite, driving up equities and hauling the dollar out of its slump. The German share price index, DAX board, is seen at the…

  • World stocks at four-week highs as earnings rekindle risk appetite

    World stocks at four-week highs as earnings rekindle risk appetite

    [ad_1] LONDON (Reuters) – Global stocks climbed to their highest in nearly four weeks on Wednesday as strong U.S. first-quarter earnings helped revive risk appetite, driving up equities and hauling the dollar out of its slump. The German share price index, DAX board, is seen at the stock exchange in Frankfurt, Germany, March 21, 2018.…

  • AMD and Caterpillar are among the stocks that could be big earnings season winners, according to Wall Street analysts

    AMD and Caterpillar are among the stocks that could be big earnings season winners, according to Wall Street analysts

    [ad_1] Analysts are raising their estimates aggressively on some industrial and semiconductor stocks into their earnings reports, a sign they could be big winners, according to analysis from MKM Partners. For example, American Airlines “epitomizes what we’re looking for,” Jim Strugger, managing director, derivatives strategist, at MKM said in a note this week. Analysts have…

  • Tech stocks, Netflix power Wall Street’s gains

    Tech stocks, Netflix power Wall Street’s gains

    [ad_1] (Reuters) – U.S. stocks rose about 1 percent on Tuesday, helped by gains in technology companies and as strong earnings from Netflix and UnitedHealth boosted optimism over what is expected to be the strongest earnings season in seven years. Traders work on the floor of the New York Stock Exchange, (NYSE) in New York,…

  • How a Trump-China trade war could hurt tech stocks

    How a Trump-China trade war could hurt tech stocks

    [ad_1] A second round of proposed tariffs on Chinese goods would likely take greater steps to protect American intellectual property, according to several analysts. “While the focus today is trade, the real agenda is to protect U.S. [intellectual property],” Pitzer wrote, noting that current litigation playing out in China could further inflame U.S.-China tensions over…

  • Investors cut exposure to tech stocks: BAML survey

    Investors cut exposure to tech stocks: BAML survey

    [ad_1] LONDON (Reuters) – Alarm bells are ringing over valuations of the world’s leading technology stocks with worries over regulation causing many investors to cut exposure to the sector, Bank of America Merrill Lynch (BAML)’s April fund manager survey found. FILE PHOTO: A 3D-printed Facebook logo is seen in front of displayed stock graph in…

  • Asia stocks waver after China data, earnings in focus

    Asia stocks waver after China data, earnings in focus

    [ad_1] TOKYO (Reuters) – Asia stocks wavered on Tuesday after data showed both hot and cold patches in the Chinese economy, but losses were limited as investors turned their focus to corporate earnings from Syria. An investor looks at an electronic board showing stock information at a brokerage house in Nanjing, Jiangsu province, China April…

  • Asia stocks edge up on steady China GDP, earnings in focus

    Asia stocks edge up on steady China GDP, earnings in focus

    [ad_1] TOKYO (Reuters) – Asia stocks rose modestly on Tuesday following data showing China’s economy grew a little faster than expected in the first quarter. An investor looks at an electronic board showing stock information at a brokerage house in Nanjing, Jiangsu province, China April 16, 2018. REUTERS/Stringer The dollar was barely changed, with demand…

  • Asia stocks edge up on easing Syria tensions; focus on earnings, China GDP

    Asia stocks edge up on easing Syria tensions; focus on earnings, China GDP

    [ad_1] TOKYO (Reuters) – Asia stocks edged higher on Tuesday, tracking Wall Street gains as the focus shifted to corporate earnings and looming economic data from China amid signs Western-led strikes on Syria weren’t likely to escalate. An investor looks at an electronic board showing stock information at a brokerage house in Nanjing, Jiangsu province,…

  • Wall Street rises as Syria fears ease; healthcare stocks jump

    Wall Street rises as Syria fears ease; healthcare stocks jump

    [ad_1] (Reuters) – U.S. stocks rose on Monday on waning fears that the weekend’s U.S.-led missile attack on Syria would escalate into a broader conflict and a rise in healthcare shares after Merck’s positive update on a cancer drug. Traders react on the floor of the New York Stock Exchange, (NYSE) in New York, U.S.,…

  • Wall Street eyes earnings stabilizer after FAANG stocks wobble

    Wall Street eyes earnings stabilizer after FAANG stocks wobble

    [ad_1] (Reuters) – Wall Street is hoping that first-quarter earnings growth and corporate forecasts are strong enough to bring the FAANG group of stocks back into favor and take the spotlight off worries that caused the recent sell-off in the high-flying group. FILE PHOTO: Traders work on the floor of the New York Stock Exchange,…

  • 4 tech stocks you should buy while they’re still cheap

    4 tech stocks you should buy while they’re still cheap

    [ad_1] White called this company a “money machine.” While he acknowledged that the Facebook data scandal has hurt the entire tech sector, he called Mark Zuckerberg’s testimony on Capitol Hill this week “a phenomenal performance.” “Zuck crushed it this week,” White said. Facebook stock was trading just over $164 Thursday, compared with the March 16…

  • Pot stocks riding high on Trump commitment to support states where legal

    Pot stocks riding high on Trump commitment to support states where legal

    [ad_1] Canadian and U.S. marijuana stocks are riding high on news that President Donald Trump will support congressional efforts to protect states that have legalized cannabis, which is illegal south of the border under federal law. Licensed producer Aphria Inc.’s stock rose nearly 15 per cent to close at $11.40 on the Toronto Stock Exchange…

  • Wall Street falls as bank stocks, Syria conflict weigh

    Wall Street falls as bank stocks, Syria conflict weigh

    [ad_1] NEW YORK (Reuters) – Financial stocks led a drop on Wall Street on Friday as results from big banks failed to enthuse and fear of broader conflict in Syria further unnerved investors. Traders work on the floor of the New York Stock Exchange, (NYSE) in New York, U.S., April 10, 2018. REUTERS/Brendan McDermid/File Photo…

  • Wall Street dips as bank stocks, Syria nerves weigh

    Wall Street dips as bank stocks, Syria nerves weigh

    [ad_1] NEW YORK (Reuters) – Financial stocks led a drop on Wall Street on Friday as results from big banks failed to provide enthusiasm and fear of broader conflict in Syria further unnerved investors. Traders work on the floor of the New York Stock Exchange, (NYSE) in New York, U.S., April 10, 2018. REUTERS/Brendan McDermid/File…

  • Wall St. dips as JPMorgan leads bank stocks lower

    Wall St. dips as JPMorgan leads bank stocks lower

    [ad_1] (Reuters) – Banks led a drop in U.S. stocks on Friday, as results from big lenders including JPMorgan failed to enthuse investors keeping a wary eye on Russia’s plan to consider banning some U.S. imports. Traders work on the floor of the New York Stock Exchange, (NYSE) in New York, U.S., April 10, 2018.…

  • Wall St. drops as JPMorgan leads bank stocks lower

    Wall St. drops as JPMorgan leads bank stocks lower

    [ad_1] (Reuters) – Wall Street major indexes fell on Friday morning, erasing all their gains coming out of the opening bell as JPMorgan led a sharp reversal in financial stocks. Traders work on the floor of the New York Stock Exchange, (NYSE) in New York, U.S., April 10, 2018. REUTERS/Brendan McDermid/File Photo JPMorgan dropped 1.7…