Newsfeeds Archive - Page 4 of 38

2 minute read

Economist Lists 3 Recession Red Flags Investors Should Be Watching In 2023

April 14, 3:24 PM

For more than a year now, investors and economists have been concerned rising interest rates could trigger a U.S. recession. Up to this point, the economy has remained resilient.

SPY

2 minute read

What Does JPMorgan’s Earnings Beat Mean For Regional Bank Stocks? Analyst Says Not Much

By Wayne Duggan

April 14, 11:26 AM

JPMorgan Chase & Co (NYSE: JPM) shares traded higher by 7.5% on Friday morning following a big first-quarter earnings beat, but Bank of America analyst Ebrahim Poonawala said Friday that investors shouldn't necessarily extrapolate JPMorgan's success to U.S.

JPM

2 minute read

Piper Sandler Downgrades Rivian Automotive, Cuts Price Target By 76%: ‘Frugality Matters More Than Ambition’

By Wayne Duggan

April 14, 9:57 AM

Rivian Automotive Inc (NASDAQ: RIVN) shares dropped 3.4% on Friday morning after one Wall Street firm downgraded the electric vehicle maker.

RIVN

2 minute read

S&P 500 Volatility Continues As Investors Digest Latest Labor Market Data

By Wayne Duggan

April 7, 3:20 PM

The SPDR S&P 500 ETF Trust (NYSE: SPY) snapped a three-week winning streak as the latest economic data suggests the U.S. labor market is cooling.

2 minute read

‘Fed’s Job Isn’t Finished’: 4 Experts React To Jobs Report, Predict FOMC’s Next Move

By Wayne Duggan

April 7, 12:20 PM

On Friday morning, the Labor Department reported solid U.S. jobs market numbers from March. The U.S. added 236,000 jobs in March, slightly missing average economist estimates of 240,000 jobs. The unemployment rate fell 0.1% to 3.5%, below economist estimates of 3.6%. Wages were up 4.2% year-over-year and increased 0.3% from February.

SPY

1 minute read

Job Market Cools, Unemployment Ticks Lower: US Adds 236K Jobs In March, Missing Economist Expectations

By Wayne Duggan

April 7, 8:44 AM

The U.S. added 236,000 jobs last month, below average economist estimates of 240,000 jobs.

SPY

2 minute read

Oil Prices Surge Following OPEC Production Cut, Analyst Unveils 5 Top Oil Stock Picks

By Wayne Duggan

April 3, 4:02 PM

WTI crude oil prices jumped 6.1% to above $80 per barrel on Monday, and the United States Oil ETF (NYSE: USO) traded higher by 5.3% after OPEC announced a surprise production cut.

APA

2 minute read

Clean Energy Stocks Plug Power, First Solar Face Elevated Risks, Morgan Stanley Says: Analyst Names Top Bullish Picks

By Wayne Duggan

April 3, 1:48 PM

The transition of the global energy market from fossil fuels to renewables will certainly create some excellent long-term investing opportunities, but one Wall Street analyst said Monday that clean energy stocks are facing elevated risks in the near-term.

2 minute read

Stock Analyst Channels Ernest Hemingway With 6-Word Market Stories To Summarize Q1

By Wayne Duggan

March 31, 4:09 PM

Legendary American author Ernest Hemingway famously challenged himself to write a complete story in just six words, coming up with "For sale, baby shoes, never worn." On Monday, DataTrek Research co-founder Nicholas Colas made his own list of Hemingway-inspired six-word stories to tell the tale of a strong but volatile first quarter of 2023 for the SPDR S&

SPY

2 minute read

Inflation Eases, S&P 500 Rally Continues Ahead Of Next Week’s Critical Jobs Report

By Wayne Duggan

March 31, 4:01 PM

The SPDR S&P 500 ETF Trust (NYSE: SPY) logged a weekly gain to finish off a volatile but positive first quarter marked by more Federal Reserve tightening and a banking crisis driven by

CAG