U.S. stocks advanced on Monday as each of Wall Street’s main scored records in the wake of a deal by U.S. senators to end the federal government shutdown. Legislation to renew federal funding to the government cleared a procedural hurdle in the Senate and was expected soon to pass votes in the Senate and House […]
Hefty gains for energy and technology companies helped U.S. stocks set more records Monday. Drug makers announced two major deals worth about $20 billion and smaller-company stocks climbed after the Senate reached a short-term deal to end the government shutdown. Stocks were slightly higher in the early going as strong fourth-quarter results from Halliburton helped […]
Asian markets traded lower on Monday as investors kept an eye on political developments in the U.S. after a government shutdown began last week. Japan’s Nikkei 225 hovered around the flat line. Automakers were mixed: Toyota declined 0.53 percent while Mitsubishi Motors tacked on 1.62 percent. Technology stocks traded mostly higher, with Sony rising 0.33 […]
Fourth-quarter earnings season is kicking into high gear, and at least one Wall Street strategist thinks there are a handful of names that could cause waves in the market when they report in the coming weeks. Wall Street is still in the early stages of the quarter’s reporting period with just one-tenth of the S&P […]
U.S. stock futures, Asian equities and the dollar pulled back slightly on Monday after the U.S. government was forced to shut down amid a dispute between President Donald Trump and Democrats over immigration. MSCI’s broadest index of Asia-Pacific shares outside Japan eased 0.1 percent while Japan’s Nikkei was down 0.15 percent. U.S. S&P500 mini futures […]
Entering into retirement doesn’t mean the same thing it used to be. Considering that only 13% of employess have defined benefit plans with their employers, chances are you are one of the people that will need their 401(k) savings and other retirement investments to provide income. We’re all living longer, and inflation will make that […]
Five companies that have been associated with cryptocurrencies are AMD, NVIDIA, Overstock, Square and TSMC. AMD, NVIDIA and TSMC provide hardware to mine the digital currencies while Overstock and Square accept them for payment. Their finances and stock prices have been helped to varying degrees. If Bitcoin, Ethereum and other cryptocurrencies continue to do well […]
Alphabet, Facebook, and Adobe don’t do it yet, but that could change sooner than you think. Many investors, young and old, love their dividends. And in the age of low-interest rates, many older investors are no doubt turning to dividend stocks for both income and growth. One area in which these investors may have a […]
IBM stock falls and Apple brags about how it will help the U.S. economy. Earnings season gained momentum this week, as one of tech’s biggest names — IBM (NYSE:IBM) — reported results. Despite its first quarter of year-over-year growth in nearly six years, the company failed to impress as growth in its newer businesses wasn’t […]
Oil prices are at multiyear highs, but these three companies are set to profit whether they go higher or not. Here’s why they’re worth buying now. The oil and gas industry can be a difficult place for investors to navigate, as anyone who’s invested in the industry over the past several years can attest to. […]
Even with a government shutdown looming, CNBC’s Jim Cramer expected good things for the next leg of earnings season. “Earnings season is upon us and it is always a guessing game, but this time around the rules have changed,” the “Mad Money” host said. “Rather than worrying about whether companies will beat or miss their […]
Investors shrugged off the potential for a federal government shutdown Friday, driving U.S. stocks higher and setting new milestones for several of the indexes. The Standard & Poor’s 500 index, Nasdaq composite and Russell 2000 index of smaller-company stocks finished at record highs as the market bounced back from modest losses a day earlier. The […]
