Check out the companies making headlines before the bell: General Electric – In a new report, Cowen recommends avoiding GE stock ahead of an upcoming restatement of earnings and its first quarter report scheduled for Apr. 20. Cowen feels a first-quarter earnings miss is “probable,” and doesn’t feel the already-cut dividend is necessarily safe. Facebook […]
European stocks finished lower Wednesday, as analysts fretted that U.S. military action against Syria could spook markets. A pan-European equity benchmark continued to show a small weekly gain, helped by worries receding over the ongoing trade skirmish between China and the U.S., the world’s two largest economies. How markets are moving The Stoxx Europe 600 […]
It’s a phrase that comes standard on Wall Street, but which may be taking on ominous undertones in the current market: Past performance is no guarantee of future returns. It should come as no surprise that U.S. equity-market investors have been handsomely rewarded thus far this decade, a period of time that roughly corresponds with […]
European stocks on Tuesday closed at their highest level in about a month, with sharp gains registered at all of the major bourses, as China’s premier bolstered hopes that a global trade war can be averted. German stocks led the gains, with Bayer AG soaring on positive deal news. How markets are moving The Stoxx […]
It’s hard to sugarcoat the stock market’s performance in March. It was undeniably a bad month for investors — and already we’ve seen signs that April may bring continued fireworks. However, after a roughly 6% decline for the S&P 500 SPX, +1.67% from highs in late February, most folks have been acting like all hell […]
Stocks jumped Tuesday after Chinese President Xi Jinping said Beijing would reduce tariffs on imported cars and improve intellectual property protection, steps that could ease trade tensions. Facebook climbed as CEO Mark Zuckerberg testified before the Senate about the company’s privacy scandal. Xi’s proposals could help the U.S. and China resolve their differences and avert […]
With scandals and pseudo-scandals swirling at Facebook, Tesla and Amazon, CNBC’s Jim Cramer wanted to inspect each household company to gauge the potential negative impacts. “With all three names rebounding nicely today along with the rest of the market, … I think we need to conduct a damage assessment,” the “Mad Money” host said on […]
U.S. stock indexes finished a bit higher Monday as investors let go of some of their fears about a possible trade war between the U.S. and China. But far bigger gains slipped away as the market suffered a steep afternoon decline. Stocks climbed higher and higher in the first hours of trading, and at about […]
The next leg up for gold might be the true test for the stock market, says one technician. “You’ve got to get a break above $1,365 specifically to really suggest that gold is starting a new leg higher,” Craig Johnson, chief market technician at Piper Jaffray, told CNBC’s “Trading Nation” on Friday. “If we get […]
European stocks ended with a slight gain Monday, extending a two-week rally, helped by what appeared to be a pause in the ongoing trade skirmish between the U.S. and China, the world’s two biggest economies. The rally was limited, however, by a drop for stocks with Russian links after fresh U.S. sanctions announced on Friday. […]
Fund managers have begun to ditch so-called FANG stocks that powered the U.S. stock market to record highs in January and are slowly rotating into commodity-related shares and other value stocks which typically outperform in late-cycle recoveries. Portfolio managers holding shares of Facebook, Amazon.com, Netflix, and Google-parent Alphabet say they are increasingly concerned that the […]
Asian shares edged higher on Monday as a bounce in U.S. stock futures soothed sentiment even as U.S. President Donald Trump kept up his twitter war with China over trade just a couple of days before President Xi Jinping gives a keynote speech. There was also little immediate reaction to reports U.S. forces had struck […]
