If you’re retired, you’ve likely shifted from building your nest egg to trying to live off of your savings. That means you’ll want to look at stocks that are relatively safe and pay a generous dividend. Investors have punished the stocks of giant U.S. utility Southern Company (NYSE:SO) and packaged-food specialist General Mills (NYSE:GIS) for […]
Category: Stocks Watch
Economic conditions ‘too good’ for stocks: Market veteran Jim Paulsen
The economy is a bigger challenge to the stock market than a possible trade war, veteran strategist Jim Paulsen told CNBC on Friday. He anticipates real gross-domestic-product growth will hit 4.5 percent in the second quarter. On top of that there is a tight labor market, with the unemployment rate at an 18-year low of […]
What the stock market’s most crucial week of the year tells us about the road ahead
Stock-market investors navigated, virtually unscathed, a gauntlet of central-bank gatherings, a historic summit between President Donald Trump and North Korean Kim Jong Un, and flaring trade tensions. The S&P 500 index SPX, -0.10% ended the week essentially flat, managing the narrowest of weekly gains, up 0.02% to 2,779.66, while the Dow Jones Industrial Average DJIA, […]
US stocks sink with other markets as trade worries rise
U.S. stocks closed out a whirlwind week with a modest loss Friday as markets gauged how much to fret about the Trump administration’s decision to step up the trade dispute between the world’s two biggest economies. The White House announced tariffs on $50 billion of imports from China, and China’s almost-immediate response was a promise […]
Stocks end down, but well off lows as investors look past ‘chest beating’ of U.S.-China trade dispute
U.S. stocks closed lower on Friday, but well off the lows of the sessions as investors looked past signs of escalating Washington-Beijing trade tensions, an issue that is seen as a major potential headwind but which has thus far been more bark than bite for equities. How are markets performing? The Dow Jones Industrial Average […]
Trump’s contradictions are swinging the stock market this year
Looking for a reason why the market’s been so bumpy this year? Blame Trump. Looking for a reason why the market has held up so well this year? Blame Trump. There’s been a overriding paradox this year for investors: President Donald Trump has been both a blessing and a curse, goosing stocks through tax cuts […]
Economic conditions ‘too good’ for stocks: Market veteran Jim Paulsen
The economy is a bigger challenge to the stock market than a possible trade war, veteran strategist Jim Paulsen told CNBC on Friday. He anticipates real gross-domestic-product growth will hit 4.5 percent in the second quarter. On top of that there is a tight labor market, with the unemployment rate at an 18-year low of […]
Stocks generally gain after data, ECB announcement; tech leads Nasdaq to record
U.S. stocks closed mostly higher Thursday, with a rally in technology stocks driving the Nasdaq to its latest in a series of recent records. A flurry of stronger-than-expected economic data also lent support to stocks, while investors were mostly supportive about the European Central Bank detailing a timeline for its bond-buying program, as well as […]
There’s a strange divergence brewing in the financials, and it could spell trouble for stocks
With interest rates on the rise, and the Federal Reserve announcing its latest rate hike this week, investors might expect financial stocks of all stripes to soar. That hasn’t been the case this year. The KRE, a regional bank-tracking ETF, has surged 9 percent this year. This stands in contrast to the XLF, a widely […]
Bitcoin is selling off this year. Here’s what the decline could mean for stocks
Bitcoin is now nearly a third of its record high of nearly $20,000 reached last December. To investors worried bitcoin’s bursting bubble could spill over into equities, one market watcher says the crisis is contained. “There are things to be concerned about in terms of the stock market here with emerging markets and other issues, […]
Nasdaq posts record close as media and tech stocks jump on dealmaking
The Nasdaq composite jumped to an all-time high on Thursday as dealmaking activity lifted technology and media shares. The tech-heavy Nasdaq rose 0.9 percent to 7,761.04 with Facebook also reaching a record high. Netflix and Alphabet also contributed to the index’s gains. The S&P 500 also closed higher, climbing 0.3 percent to 2,7872.49. Shares of […]
5 Stocks to Snap Up on Explosive Relative Price Strength
Investors generally gauge a stock’s potential return by examining earnings growth and valuation multiples. At the same time, it’s important to measure the performance of such a stock relative to its industry or peers, or the appropriate benchmark. If you see that a stock is underperforming on fundamental factors, then it would be prudent to […]