Invesco Stock Plummets 5% Amid Yield Curve Inversion: Can The Company Stay Afloat During A Recession?
Following the treasury bond yield curve inversion on July 5, Invesco Mortgage Capital Inc (NYSE: IVR) stock took a massive hit.
GM, Ford Shares Near New 52-Week Lows: Why UBS Is Concerned About Legacy Automakers
As consumer spending and pricing power decrease, the automotive industry continues to struggle.
OPEC Leader Mohammed Barkindo Dies Unexpectedly: How Will Oil Stocks Such as Exxon Mobile Respond?
OPEC has announced that its Secretary General Mohammad Barkindo had passed away at the age of 63.
Barkindo held the position for six years and was due to step down from his post at the end of July. He was set to join the U.S. think tank Atlantic Council's Global Energy Center as a distinguished fellow.
US Treasury Yield Curve Inverts Again As Dow Jones Index Plummets 130 Points
The U.S. Treasury Yield Curve inverted Tuesday, July 5, while the SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA: DIA) fell 129.44 points.
It's another sign that the economy is heading into a recession more and more each day.
Why This Activist Investor Is Calling For Tesla To Be Investigated By SEC
SOC Investment Group asked the Securities and Exchange Commission Friday to investigate Tesla, Inc.
Apple, Microsoft, Disney And American Express Continue To Plummet: Dow Jones Index Has Worst First Half In Decades
The U.S. Stock Market has had a rough 2022 so far and the SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA: DIA) has been no exception to that. Since the start of the calendar year, the index has lost close to 6,000 points as inflation continues to rise and consumer spending falls.