Russian stocks trading in the U.S. and the ruble jumped after a report that President Donald Trump would not extend further economic sanctions on Russia, contradicting comments from Nikki Haley, the U.S. ambassador to the United Nations. The VanEck Vectors Russia ETF reversed earlier losses and jumped 1.6 percent, while the iShares MSCI Russia Capped […]
Category: Stocks Watch
Russian stocks slip as traders brace for another round of U.S. sanctions
Russia’s stocks lost ground Monday as the Trump administration looked set to impose more sanctions on that country. The RTS Index — a gauge tracking Moscow-listed stocks — was recently down 0.4% to 1,099.89. The VanEck Vectors Russia ETF RSX, +1.77% dipped 0.1% in premarket action after showing a drop of more than 1% earlier. […]
Cramer unpacks the bank stocks’ weakness after strong earnings reports
As earnings kick into full swing, CNBC’s Jim Cramer needed to address the unexpected weakness in the big bank stocks. “Bank of America reported a spectacular quarter this very morning with fantastic earnings growth. It came right on the heels of the amazing numbers we heard on Friday from J.P. Morgan and Citi[group],” the “Mad […]
Most Asian stocks drift lower; China GDP growth tops estimates
Most Asian markets drifted lower on Tuesday as investors digested the release of better-than-expected China data. The dollar was also broadly steady after slipping on the back of an overnight pick up in investor confidence amid fading geopolitical concerns. In Tokyo, the Nikkei 225 was little changed and last edging higher by 0.01 percent. The […]
Investing in Penny Stocks Is Still One of the Dumbest Moves on Wall Street
When compared to more traditional equities, penny stocks are less expensive dollar wise. But they’re also highly volatile and the companies behind them are often cloaked in obscurity. “Penny stocks truly are the Wild West of the financial landscape,” says Robert Johnson, President and CEO of the American College of Financial Services. Johnson is in […]
Jeff Sessions Trumped — Are Marijuana Stocks About to Skyrocket?
President Trump once ranked his own The Art of the Deal as his second favorite book. However, he just might have learned something about the art of the deal from Sen. Cory Gardner (R-Colo.). Sen. Gardner vowed to block all of the president’s nominees to the U.S. Department of Justice in January. This move came […]
Asian shares trade mixed as Hang Seng lags
Asian markets traded mixed on Monday, as investors digested the softer close on Wall Street and geopolitical tensions on the back of U.S.-led airstrikes on Syria last week. Japan’s Nikkei 225 rose 0.21 percent as the broader Topix added 0.11 percent. The financials sector was weaker on the whole, while pharmaceuticals and precision machinery stocks […]
Stock Market Futures Rise After Syria ‘Mission Accomplished’; These 5 S&P 500 Stocks Have Big News Monday
Stock market futures for the S&P 500 index, Dow Jones and Nasdaq 100 rose Sunday as President Donald Trump signaled that Saturday’s attacks on Syria were “mission accomplished.” Earnings season kicks into high gear this week, with Netflix (NFLX), Bank of America (BAC), Charles Schwab (SCHW) on tap Monday. Meanwhile, Merck (MRK), Bristol-Myers Squibb (BMY) […]
Russian sanctions could fuel another aluminum rally
New sanctions on Russia, which include the nation’s aluminum giant United Co. Rusal, have fueled a rally in prices for aluminum, and benefited shares of the metal’s North American producers. Analysts, however, say the pop in prices won’t last much longer than the rift with Russia, which is tough to predict. In any event, processors […]
How the stock market reacts to earnings will be telling
It has been a while since investors greeted what’s expected to be a strong earnings seasons with such disdain. Earnings for S&P 500 companies are expected to grow 17% over the next 12 months, according to FactSet. Yet, valuations that investors are attaching to these earnings have dropped over the past few months, largely due […]
3 Top Bank Stocks to Buy in April
A combination of rising interest rates and lower corporate taxes could be a boon to bank stocks in 2018, but this is an industry where investors can afford to be picky, because the banking industry is unlike any other. With more than 400 banks trading on major American exchanges, investors have the ability to select […]
3 Top Dividend Stocks to Buy in April
Whether you’re looking for a steady and dependable source of income, potential for big capital growth, or both, these Motley Fool contributors have identified three top dividend stocks that should be at the top of your “buy” list this month. Their recommendations include a technology leader with a dominant position in its niche in Garmin […]