"The market was as flat as a pancake through almost the entire morning," said George Ball, chairman of Sanders Morris. "You've got a very thinly traded market that is, today, looking ahead with some trepidation to Labor Day and to what happens after Labor Day." Thursday's action comes ...
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The stock market's recent attempt to pull out of a downtrend could soon come to an end, according to Morgan Stanley. Mike Wilson, the firm's chief U.S. equity strategist, said in a note to clients Monday that the S&P 500 is on the verge of falling back into a bear market. "With...
Today's stock market gains come despite all the election uncertainty, but may suggest optimism for a second stimulus package down the line. Nov 4, 2020 Market Strategist Warns 'Pain Felt On Main Street Quite Distinct From What's Reflected In Stock Market' ...
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a phoenix-based bank whose stock plunged nearly 64% over a five-day stretch last month, surged after it said deposits stabilized after an initial drop and have been rising in recent weeks. its stock jumped 24.1%, helping lead most financial stocks higher. in the bond market, yields climbed...
At its high of the day, the broad market index had advanced by as much as 0.9%. In the two o'clock hour, the S&P 500 had slid by 0.4%. Health care and real estate were the worst performers in the S&P 500, down by 0.9% and 0.6%, respectively. Consumer staples was the third big...
Cerankosky sees Costco shares rallying nearly 16% from Monday's close as it starts to grab market share from competitors. His prediction is higher than Wall Street's average price target of $544.97, according to FactSet. In addition to stock price acceleration, there could also be a special...