S&P 500 and Nasdaq Rise on Weaker PCE Data, Boosting Rate-Pause Expectations
Gains in S&P 500 and Nasdaq on Lower Inflation Hopes, But Wall Street Faces Quarterly Declines Amid Rate Uncertainty
Gains in S&P 500 and Nasdaq on Lower Inflation Hopes, But Wall Street Faces Quarterly Declines Amid Rate Uncertainty
British stocks closed the final quarter of September on a positive note, led by mid-cap stocks, as new data revealed stronger-than-expected second-quarter economic growth, though the FTSE 100’s year-to-date gains lagged behind the broader European STOXX 600 index.
As Amazon faces a lawsuit over alleged monopoly practices, investors assess its potential breakup, which could unlock hidden value in Amazon Web Services (AWS), while Alphabet’s parent company of Google navigates its own legal challenges with potential gains for shareholders.
Foreign investors sell a significant amount of Japanese stocks as US interest rates rise, leading to caution and profit-taking in a market that has seen strong gains, resulting in higher valuations.
Following the Federal Reserve’s decision to maintain interest rates despite rising inflation, investors are considering value stocks like Proctor & Gamble and Taiwan Semiconductor as a smart long-term investment strategy.
Emerging-market stocks have recently experienced a decline, reaching their lowest point since March. This drop is due to several factors, including the strengthening of the US dollar and reduced confidence among US consumers, which has made investors more cautious about taking risks. One of the main concerns contributing to this decline is the expectation … Read more
Fisker Inc’s stock is doing well, up by 5.5% to $5.60 before the market opens. This positive trend is due to a positive report and good news about their electric vehicles. Bank of America has given Fisker Inc a “buy” rating again, believing that investing in their stock is a good idea because it provides … Read more
Apart from a few popular tech stocks, most U.S. stocks haven’t seen much growth in 2023. However, some Wall Street experts are still very optimistic. According to John Butters at FactSet, after analyzing their predictions for individual stock performance in the coming year, it seems that the S&P 500 index could increase by 19% from … Read more
As U.S. stock futures start the day on a downward trend this Tuesday morning, here are a few stocks that could catch the attention of investors today: TD SYNNEX Corporation is set to reveal its quarterly earnings. Analysts predict they’ll earn $2.48 per share with revenue reaching $14.11 million. Currently, TD SYNNEX’s stock is trading … Read more
The Dow Jones went down by more than 300 points on Thursday, 09/21/2023. When people who work inside a company buy or sell its shares, it shows how confident or worried they are about the company’s future. If you’re into investing in penny stocks, you might want to think about this when making your investment … Read more