Ocado shares soared nearly 45% on Thursday – adding £1.6bn to the value of the company – after the online grocer unveiled a major push into the US market with a deal to provide its technology to the American grocery giant Kroger, the world’s third largest retailer. Tim Steiner, a founder and chief executive of […]
European stocks on Thursday ended at their highest since late January, as energy stocks tracked oil prices higher and Ocado shares surged after a new partnership agreement to enter the U.S. market. How did markets move? The Stoxx Europe 600 index SXXP, +0.66% rose 0.7% to 395.79, its highest close since Jan. 30, according to […]
After CNBC’s Jim Cramer watched the stocks of Micron and Macy’s spark what amounted to a broad-based rally on Wednesday, he knew he’d have to explain how this odd surge occurred. Sometimes, the “Mad Money” host explained, big-picture worries about the bond market, rising oil prices or trade talks can sully market performance and put […]
Morgan Stanley is becoming one of the most cautious major U.S. investment banks, warning that the “easy” market environment that has persisted for years is drawing to a close, and calculating that potential returns for the U.S. stock market are at their lowest level since before the financial crisis. The firm’s view, that it “expects a choppy, […]
Ten-year U.S. Treasury notes are now yielding more than 3%, which makes them more attractive for income-seeking investors than they have been for many years. If you want to shoot for higher yields with dividend stocks, we have applied some stringent criteria to narrow a list. Something to consider is that while 10-year Treasury notes […]
Nvidia is down more than 5 percent from its recent high, but the charts suggest the hot chip stock’s rally is about to resume. According to Todd Gordon, founder of TradingAnalysis.com, Nvidia is one of the few stocks in the market right now worth a buy. He pointed to two bullish technical indicators that lead […]
Here we go again: Treasury yields are spiking, and unsettling the stock market, too. Concerns about higher inflation caused an investor exodus from government bonds on Tuesday. Heavy selling drove the 10-year Treasury yield to 3.093%, the highest since July 2011. The 10-year yield helps determine how much it costs to borrow money, including mortgages, […]
The yield on the benchmark U.S. 10-year Treasury note hit its highest in about seven years on Tuesday on the heels of a report that indicated a pick-up in consumer spending, lifting the dollar to its strongest level this year and weighing on stocks. The 10-year yield neared 3.1 percent, blowing through the 3 percent […]
There was nearly nowhere to run or hide to for investors on Tuesday. The Dow Jones Industrial Average snapped an eight-session streak of gains with a triple-digit decline, wiping out the blue-chip average’s meager 2018 advance. But most notable about Tuesday’s price action is that as the Dow DJIA, -0.78% S&P 500 index SPX, -0.68% […]
Semiconductor stocks were battered by the recent market sell-off, but tech has made a strong recovery, and with several interesting trends like the Internet of Things and artificial intelligence on the rise, it is still an exciting time to be investing in chip-making corner of the technology sector. While tech behemoths like Microsoft MSFT and […]
Even if stocks hit a few speed bumps, they are showing signs of renewed strength that could propel the market higher in the summer months. Instead of talk about stocks bottoming, there’s more chatter recently about new highs, as small caps flirt with their former highs and money is jumping in to tech after this […]
Stocks closed higher on Monday amid hopes of a potential breakthrough in trade tensions between the U.S. and China, the world’s two largest economies. The Dow Jones industrial average rose 68.24 points to 24,899.41, with UnitedHealth and Walmart as the best-performing stocks in the index. The 30-stock index also extended its winning streak to eight […]
