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Wayne Duggan

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Why The US Dollar, A Safe Haven For Worried Investors, Rebounded On Monday

By Wayne Duggan
November 14, 12:50 PM
The Invesco DB US Dollar Index Bullish Fund (NYSE: UUP) rebounded by 0.6% Monday morning after a difficult week last week.

BTC

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If You Invested $1,000 In Verizon (VZ) Stock At Its COVID-19 Pandemic Low, Here’s How Much You’d Have Now

By Wayne Duggan
November 12, 12:19 PM
Investors who bought stocks during the COVID-19 market crash in 2020 have generally experienced some big gains in the past two years. But there is no question some big-name stocks performed better than others since the pandemic bottom.

T

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Did The Drop In CPI Inflation Impact The Outlook For Interest Rates?

By Wayne Duggan
November 11, 3:14 PM
The U.S. Federal Reserve recently raised its target Fed funds rate by 0.75% for the fourth time in five months as it attempts to get inflation under control.

SPY

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Joe Granville’s Infamous Bear Call Came On This Day In Market History

By Wayne Duggan
November 11, 12:41 PM
Each day, Benzinga takes a look back at a notable market-related moment that occurred on this date. What Happened? On Nov. 11, 1993, market forecaster Joe Granville predicted a 20% drop in the Dow Jones Industrial Average.

DJIA

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US Consumer Sentiment Slips 8.7% In November: What It Means For The Markets

By Wayne Duggan
November 11, 11:49 AM
The SPDR S&P 500 ETF Trust (NYSE: SPY) traded higher Friday after the latest reading of consumer confidence suggests rising prices and economic uncertainty are negatively impacting U.S. consumers.

SPY

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This Day In Market History: Dow Hits ‘Rich Man Panic’ Low Of 1903

By Wayne Duggan
November 9, 5:48 PM
Benzinga takes a look back at a notable market-related moment that occurred on this date. What Happened? On this day in 1903, The Dow Jones Industrial Average hit its low point for the bear market known as the “Rich Man’s Panic.”

DJIA

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Is Zuckerberg’s Obsession With The Metaverse Becoming A Problem For Investors?

By Wayne Duggan
November 9, 3:46 PM
Meta Platforms Inc (NASDAQ: META) shares jumped Wednesday after the company announced it is laying off more than 11,000 employees in an effort to c

META

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Thursday’s CPI Inflation Reading Is Critical: Here’s What Investors Need To Know

By Wayne Duggan
November 9, 2:14 PM
The SPDR S&P 500 ETF Trust (NYSE: SPY) traded lower by 0.7% on Wednesday morning ahead of a critical consumer price index (CPI) inflation reading on Thursday morning.

SPY

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Digital World Acquisition Corp Is By Far The Most Shorted SPAC: The Other Top SPACs Short Sellers Are Targeting

By Wayne Duggan
November 9, 1:49 PM
Digital World Acquisition Corp (NASDAQ: DWAC) shares plunged 20.1% on Wednesday morning after Republican candidates endorsed by President Donald Trump performed poorly

ALTU

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What’s Next For The Market After Aggressive Fed Rate Hike, Hot Jobs Report?

By Wayne Duggan
November 4, 4:31 PM
The SPDR S&P 500 ETF Trust (NYSE: SPY) lost 2.65% this week in the opening days of November after the Dow Jones Industrial Average gained 14% in October, its best month since 1976.

AMZN

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