market

The market is fading, but this sector is in the lead;  5 stocks close to buying

The market is fading, but this sector is in the lead; 5 stocks close to buying

Dow Jones futures rose slightly on Thursday night, as did S&P 500 and Nasdaq futures. The stock market rally hit highs on Thursday morning as major indexes approached new resistance levels, while energy prices and Treasury yields rallied. X Shares of Rivian (RIVN) fell more than 2% overnight after the EV startup reported mixed second-quarter …

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Cubs owner Tom Ricketts: 'We expect to be very active again this offseason competing in the free agent market'

Cubs owner Tom Ricketts: ‘We expect to be very active again this offseason competing in the free agent market’

You know pretty well by now that you have to analyze the words of a team’s ownership group – any ownership group – very carefully. They tend to be extremely cautious in what they will do and sufficiently optimistic about all prospects. Comment scrutiny is high, and they know it. So you won’t always get …

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Dow Jones Futures: Stock market rally faces key inflation report

Dow Jones Futures: Stock market rally faces key inflation report

Dow Jones futures were higher after Monday’s stock action. On Wednesday, a key inflation report – the Labor Department’s Consumer Price Index – is due out. And Nvidia stock plunged more than 6% after the chip giant issued a revenue warning in the current quarter. X American international (IGA), Novavax (NVAX), medical shock wave (SWAV) …

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Choose your economy: booming labor market or rapid growth

Choose your economy: booming labor market or rapid growth

Comment this story Comment Friday’s job blast report may have quelled claims that the US is in a recession, but it hasn’t ended the mystery over the state of the economy or solved the questions about his leadership. Government data showing the economy had contracted for the second consecutive quarter – meeting an informal definition …

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OPEC

Lackluster OPEC quota hike won’t solve tight oil market | OilPrice.com

Yesterday, OPEC and its Russian-led partners agreed to increase their combined oil production by 100,000 bpd in September. Reports note that the decision follows calls from the United States and other big consumers for more oil. However, an additional 100,000 barrels per day is unlikely to be enough to drive prices down much further. The …

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The mystery of the “meme stock” that no one had ever heard of, which went from a market capitalization of $1 billion to more than $400 billion in a matter of days

The mystery of the “meme stock” that no one had ever heard of, which went from a market capitalization of $1 billion to more than $400 billion in a matter of days

What is AMDD Digital in the world, and who is behind it? That’s the question many investors are asking after an unknown Hong Kong company managed to join the ranks of global megacaps worth around half a trillion dollars on Tuesday. It started when the American Depository Share (ADS) with the stock code HKD widened …

The mystery of the “meme stock” that no one had ever heard of, which went from a market capitalization of $1 billion to more than $400 billion in a matter of days Read More »

The housing market correction takes an unexpected turn

The housing market correction takes an unexpected turn

The Federal Reserve has a simple manual for fighting inflation. It goes like this: keep putting upward pressure on interest rates until business and consumer spending across the economy weakens and inflation recedes. Historically speaking, the Fed’s inflation-fighting playbook always hits the US housing market particularly hard. When it comes to real estate transactions, monthly …

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Why the Stock Market Rebounded in July and What's Next, Experts Say

Why the Stock Market Rebounded in July and What’s Next, Experts Say

Last month, the stock market delivered a storyline that rivals any TV show. After an almost historic drop during the first half of the year, the S&P 500 — a popular index to which many 401(k) accounts are pegged — rebounded in July with its strongest month since November 2020. The other major indexes, the …

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