Trade tensions between the U.S. and China rose Tuesday and so major benchmarks fell. The U.S. Commerce Department added 28 Chinese companies to an export blacklist. The Dow Jones Industrial Average (DJINDICES:^DJI) and the S&P 500 (SNPINDEX:^GSPC) dropped more than 1%. Semiconductor stocks were hit particularly hard by trade concerns, but financial, energy, and pharmaceutical […]
There’s a correlation between recent weakness in the stock market — led by certain sectors — and Elizabeth Warren’s surge in the polls, according to some analysts and strategists on Wall Street. One banking analyst, Oppenheimer’s Chris Kotowski, went so far as to title his latest research note “The Warren Correction,” where he pointed out […]
If you still own these stocks, watch out for more losses ahead. Morgan Stanley is warning clients that certain underperforming stocks will have more room to fall heading into the fourth quarter as tax-loss selling accelerates. Investors often sell losing stocks at the end of the year to lower their tax bill from the capital […]
Stocks bounced between gains and losses Monday as investors await inflation data and Federal Reserve minutes later this week. The Dow Jones Industrial Average (DJINDICES:^DJI) and the S&P 500 (SNPINDEX:^GSPC) fell in the afternoon, led down by energy and consumer staples stocks. Communications services was the only sector to close up. Akcea announces a new […]
Check out the companies making headlines after the bell: Shares of American Airlines dipped 1.65% during extended trading after authorities in Miami forcibly removed a man on a flight to Newark, New Jersey, earlier Monday. The man reportedly ran past a gate agent onto the plane. Qiagen shares tanked 8% after the company announced that […]
Stocks closed modestly lower Monday, ahead of a fresh round of high-level tariff negotiations between Beijing and Washington that are scheduled to begin later this week. How are benchmarks performing? The Dow Jones Industrial Average DJIA, -0.36% fell 95.70 points, or 0.4%, to close at 26,478.02, while the S&P 500 index SPX, -0.45% gave up […]
We’re just entering the final three months of 2019, but some stocks have already put up monster returns this year. There are more than 80 exchange-listed stocks with market caps greater than $200 million that have more than doubled, and some of the names might surprise you. Snapchat parent Snap (NYSE:SNAP), burger chain Shake Shack […]
Where is the global economy headed? Are we at the start of a nasty and protracted recession, or will this just be a natural cyclical slowing, to be followed fairly soon thereafter by a cyclical reacceleration? If it’s the former, then the stock market could be headed for a long slump, but if its the […]
FANG became FANG out of sense of the inevitable dominance of Facebook, Amazon, Netflix and Google, operators of winner-take-most platforms running the consumer Internet. Now — as FANG has sputtered, with the stocks sitting 7% to 35% below their peak prices in a market within 3% of a record high — analysts and investors are […]
Stocks fell sharply last week before rebounding on Friday to end with just modest losses overall. Both the S&P 500 (SNPINDEX:^GSPC) and the Dow Jones Industrial Average (DJINDICES:^DJI) had fallen by over 3% but landed at declines of less than 1%. Earnings results promise to send a few individual stocks moving over the upcoming trading days. Below, we’ll take a look […]
During years of rampant speculation leading up to the dot-com bubble in the late ’90s and 2000-2001, many technology stocks belonged to risky companies unable to turn a profit. Today, however, the tech sector includes companies across the whole spectrum of financial and operational health, from those still striving to become profitable to established cash […]
Stock Markets U.S. stocks were in decline for a third straight week but offset by a rise in bonds, which helped to settle the volatility for most investors with balanced portfolios. A series of disappointing U.S. economic data points supported worries about the potential slowdown in manufacturing that analysts suggest could spread to other parts […]
