Stocks rose slightly on Monday, led by gains in tech, as investors looked ahead to a crucial Federal Reserve meeting this week. The Dow Jones Industrial Average rose 22.92 points to 26,112.53 while the S&P 500 closed 0.1% higher at 2,889.67. The Nasdaq Composite outperformed, rising 0.6% to 7,845.02 as tech shares gained. Facebook and […]
Stocks To Watch
Goldman Sachs is sounding the alarm: Tech stocks are overvalued
It’s about time to write off high-growth tech stocks, Goldman Sachs warned, saying the double whammy of sky-high valuation and heightened talk of regulation is becoming a “hazard” to the group. Technology stocks have been investors’ darlings for years as the appetite for superior growth shows no signs of slowing. Software names especially are big […]
European stocks close marginally higher; Lufthansa falls 12% and drags airlines down
European stocks closed marginally higher on Monday as investors awaited this week’s crucial U.S. Federal Reserve meeting. The pan-European Stoxx 600 finished just above the flatline at the closing bell, with sectors and major bourses pointing in opposite directions. Airline stocks plunged after Lufthansa issued a profit warning, causing its shares to fall nearly 12% […]
Stocks making the biggest moves midday: Sotheby’s, Array BioPharma, PaySign & more
Check out the companies making headlines midday Monday: Sotheby’s — Sotheby’s shares jumped 58.6% on news that European art collector Patrick Drahi planned to acquire the art auction house. Drahi will pay shareholders $57 per share, or $3.7 billion in cash to take the company private. If approved, the deal will return Sotheby’s to private […]
Stocks Trade Mixed as Focus Turns to Central Banks: Markets Wrap
Sign up for Next China, a weekly email on where the nation stands now and where it’s going next. European stocks and U.S. equity futures edged higher Monday following a mixed session in Asia as a big week for central-bank policy gets underway. Treasuries fell and the dollar was steady. The Stoxx Europe 600 Index […]
How to take advantage of all the uncertainty with the stock market
As the stock market swings amid tariff and trade war threats, you might get nervous about the effects on your 401(k) or other investments. But a shaky market is no reason to stray from your financial plan. Behavior at the end of 2018 is a striking example. As the market soured in the final months […]
3 Stocks to Buy and Hold for the Next 50 Years
Every investor thinks about the investing process a little differently. For example, you may only care about broad investor sentiment toward a company if you are only planning to own a stock for a few weeks or months. However, if you are planning to own a stock for decades, you have to look at the […]
Stocks in Asia mixed as investors await Fed meeting
Stocks in Asia were mixed on Monday as investors await a U.S. Federal Reserve meeting set to happen later in the week stateside. Mainland Chinese stocks were mixed on the day, with the Shenzhen composite down 0.195% to 1,502.12 and Shenzhen component slipping 0.33% to 8,780.87. The Shanghai composite on the other hand, rose 0.2% […]
Investors snap up stocks at fastest pace in 3 months
Investors snapped up U.S. stocks at the fastest pace in three months during the five-day trading period that ended July 12, according to data released Friday. Analysts at EPFR, which tracks global fund flows, argued that pledges by the Federal Reserve to sustain the U.S. recovery and a commitment by the People’s Bank of China to “targeted […]
Forget Canada and Buy U.S. Pot Stocks, Says This Investment Firm
Few industries have had investors seeing green quite like the legal cannabis industry over the past couple of years. Investors who had the foresight, wherewithal, and luck to buy into some of the most popular marijuana stocks at the beginning of 2016 could find themselves up well in excess of 1,000%. There’s little denying the […]
