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“The key question for the market [now] is, can value and cyclical stocks catch up to growth and tech?” said Dylan Kremer, co-chief investment officer at Certuity. “If it does, then that momentum has the ability to help grind the market higher.” ...
^IN Stock Market Today: Dow closes at record high, dollar leaps on Europe risks Stocks end higher Friday and Wall Street closes the week on an up note. NTRAAVGONVDA Stanley Druckenmiller makes big bet on high-tech healthcare The billionaire investor takes a sizable position in this healthcar...
Raymond James downgraded shares of Target to market perform from strong buy. Still, the stock was up slightly on Wednesday. The firm cited concerns on decreasing topline momentum and other concerns on near-term trends. "We believe sales trends slowed for TGT in late May and this pressure cont...
Stock Market Today: Stocks extend record run on 'Trump Trade' boost Stocks are on a roll this month, with the S&P 500 notching its 50th record high of the year and topping the 6,000 point mark for the first time ever. Iconic trucking company unexpectedly closes, no bankruptcy yet ...
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Stock market reacts to Powell From CNN Business' Paul R. La Monica Stocks moved modestly (to use one of the Fed’s favorite words to describe the economy’s growth) once Federal Reserve Chairman Jerome Powell began speaking at an event at the Economic Club of Washington today. The Dow ...
Stock market reacts to Powell From CNN Business' Paul R. La Monica Stocks moved modestly (to use one of the Fed’s favorite words to describe the economy’s growth) once Federal Reserve Chairman Jerome Powell began speaking at an event at the Economic Club of Washington today. The Dow ...
Just from a Disney perspective, it’s an important market to us. Read the full CNN Business interview here. 6:03 p.m. 18:48:40, May 30, 2019 Uber earnings are here From CNN Business' Julia Horowitz Uber (UBER) will have a chance today to reassure investors that it’s on ...
Market watchers are digesting the whopping 3.2% first quarter US GDP report from this morning. The headline number was strong and beat consensus estimates, but it is also just the first reading and will likely get revised. Strong economic growth could be cause for concern for stock investors wo...