"Today's data shouldn't change views of the likely path for disinflation, however bumpy," said David Alcaly, lead macroeconomic strategist at Lazard Asset Management. "But a lot of observers, probably including some at the Fed, are looking for reasons to get more hawkish on the outlook give...
In the mean time, the market has been rallying. But even though theS&P 500hit another all-time high on Friday, Suttmeler said the broader market is showing "pesky bearish divergences," with only 34% of NYSE stocks rising on the day. This kind of market breadth is a risk for market ...
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Disgraced Theranos founder Elizabeth Holmes is set to report to prison to begin serving her 11-year sentence 12Posts Breaking News09:43 AM, May 30, 2023 Pinned Nvidia market cap tops $1T Nvidia Corp. $ 389.46 Nvidia market valuetopped $1 trillion on Tuesday, making the chipmaker the first ...
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Even if a strong labor market keeps the country's economy from falling into a full-blown recession, investors and consumers will still experience the hardship of a slowdown, according to the report. The report further predicted that all quarterly economic growth rates of the country will not sta...
Bernstein analyst Stacy Rasgon upgradedIntelto market perform from underperform, saying he doesn't like the stock but could see improvement over the medium term. "We hate this call but think it's the right one," Rasgon said in a note to clients Monday. ...
As the stock market is plummeting, this stock is up 12% From CNN Business' David Goldman There aren’t many ways you could have made money in the stock market today. Cabot Oil & Gas (COG) appears to be one. The natural gas exploration company’s stock is up 12% Monday. It’s the...