U.S. stocks resembled a “roller coaster” on Monday with a pattern of swings that frequently followed a market low, as the S&P 500 tries to recover from April’s slump, according to Bespoke Investment Group. “The S&P 500 opened higher, quickly sold off in the morning,...
“What we’re seeing now is the market exhibit extreme resilience,” despite some technical indicators suggesting overbought conditions, said Adam Sarhan, CEO of 50 Park Investments. “We have every chance in the world for the market to fall and it refuses to fall in a meaningful fashion. Tha...
Stock Market Today: Dow ends lower, S&P 500 drops and small caps take the cake Follow along to the action in markets on Thursday as investors await the CPI report. Last Updated: July 11, 2024 at 4:30 PM EDT Related reads Fed’s Daly says data now...
"Usually it's the other way around — the market's hesitant, and then it does well after the election. Now we're getting the reverse of it and … Maybe you get the opposite of what we had — stocks will be strong into the election and then have some volatility fall on the election...
Samsung Electronics forecast its strongest first-quarter profit in four years as surging chip demand offset uncertainties in the global smartphone market. Conagra Brands (CAG) shares ended up slightly higher after the packaged food giant cut its full-year profit forecast amid surging input prices an...
Stock Market Today: Asia Stocks Mixed After Wall Street Slumps to Worst Day in Weeks More Lee Jin-man A currency trader gestures near screen showing the Korean Securities Dealers Automated Quotations (KOSDAQ) at a foreign exchange dealing room in Seoul, South Kor...
Alibaba Stock Jumps, Trip.com Breaks Out On Latest China Stimulus Pledge Chinese Stocks JD, TCOM, ATAT Flash Buy Signals On Vow Of More Stimulus, Easy Money Best China Stocks As Of November 2024 Stock Market Today: Dow Jones Feels Pain, But Nasdaq Is Real Loser (Live Coverage)Today...
TOKYO (AP) — Asian shares were trading mixed Tuesday as pessimism about global uncertainties remained even as China reported a better-than-expected economic growth data.
“Today’s mood is about profitability concerns [which] may have been overdone for the quarter, but Fed tightening fears won’t be going away anytime soon,” said Ed Moya, senior market analyst at Oanda. Even after last month’s dualbank failuressent shockwaves across the financial sector,...
He mentioned that Evercore has added small-cap stocks to its portfolio today as a defensive play in the current market. "Small caps actually have a larger-than-normal weighting towards the more defensive sectors, including healthcare and energy — which we think makes a lot of sense right ...