The simplest way to invest in stocks is to buy exchange traded funds. But in our experience, buying the right stocks can give your wealth a significant boost. For example, the United Parcel Service, Inc. (NYSE:UPS) share price is 67% higher than it was five years ago, which is more than the market average. We’re […]
Shares in Asia-Pacific were mixed in Friday trade as investors monitored coronavirus developments. Mainland Chinese stocks led losses among the region’s major markets, with the Shanghai composite closing 1.04% lower at about 3,278 while the Shenzhen component dropped 1.999% on the day to approximately 13,128.46. Hong Kong’s Hang Seng index edged 0.46% higher, as of […]
European stocks weakened on Thursday after the U.S. accused foreign rivals of election interference, even as progress appears to have been made on a new round for stimulus for the U.S. economy and earnings have largely been better than anticipated. The Stoxx Europe 600 SXXP, +0.85% dropped 0.6%, and the German DAX DAX, +1.05% lost […]
There-is-no-alternative, or TINA, has been a pretty solid investment strategy for those who are riding the stock-market wave. But to Deutsche Bank’s international private bank chief investment office, it has its limits, as the team set a 12-month price target for the S&P 500 SPX, -0.22% of 3,300 by the end of September 2021. The […]
The bond market appears to be waking up. After trading in a close range since June, Treasury yields are starting to break out of their range and look set to edge higher. The 10-year yield reached a high of 0.834% early Wednesday morning and was hovering just at the 0.80% level in afternoon trading. “This […]
European stocks closed lower on Wednesday as investors monitored the latest developments in U.S. coronavirus stimulus talks. The pan-European Stoxx 600 provisionally closed down by around 1.3%, with travel and leisure stocks shedding 2.5% to lead losses as almost all sectors and major bourses fell into negative territory. Traders in Europe are tracking the latest […]
Uncertainty about the outcome of the U.S. 2020 presidential election is starting to ratchet back up from relatively calm levels earlier this month. Some Wall Street strategists make the case that two weeks shy of the Nov. 3 election, some narrowing of the chances for a victory in the presidential race by former Vice President […]
Stocks rebounded Tuesday as investors digested a basket of positive earnings results and as they await the outcome of stimulus talks. The Dow Jones Industrial Average rose over 114 points or 0.4%, while the NASDAQ Composite gained 0.3%, snapping a five-day losing streak. PROCTER & GAMBLE, TRAVELERS, IBM Dow components Procter & Gamble and Travelers rose after […]
The outperformance of technology — and therefore Growth — stocks is set to continue “for a while longer” yet, despite the market looking like the “dot-com bubble on steroids.” That’s the view of TS Lombard’s chief U.S. economist Steven Blitz and head of strategy Andrea Cicione. They said they were “not alone in being nervous” […]
Netflix subscribers in the Asia-Pacific (APAC) region were the largest contributor to the streaming giant’s paid membership growth for the first time. For the third quarter, the company said 46% of global paid net adds came from APAC, the greatest share of any region. However, total global paid net subscriber additions were only 2.20 million, […]
The price of Bitcoin (BTC) had to hold the crucial support level between $11,100-11,300, and it did. After this support test, the price of BTC continued to surge upward on Oct. 20, reaching the crucial resistance area between $11,900-12,200. This upward move came along with weakness in the dollar, as the U.S. Dollar Currency Index […]
The Nasdaq Composite (NASDAQINDEX:^IXIC) index has been leading the stock markets higher through 2020, having set new records on several occasions. On Monday, however, there was definitely a much different vibe. A midday drop came for the broader market, and many commentators blamed it on Washington’s continued inability to reach a compromise on additional economic […]
