Browsing Tag
article_normal
If Santa Claus doesn’t come to Wall Street in December, the Grinch hits the stock market
There’s much ado about the so-called Santa Claus rally that tends to materialize in the U.S. stock market in the final week of December and the first two trading sessions of the new year, but the importance of the…
Expect the stock market to be driven ‘more by earnings than the macro’, says Morgan
Earnings season will be a key test for the stock market after the S&P 500 last week closed out its worst half-year performance since 1970, said strategists from Morgan Stanley. The direction of stocks going…
Is the U.S. stock market closed on Friday for New Year’s Eve? No. It isn’t even closed…
Blame it on an obscure rule. For the first time in a decade, there will be no U.S. stock-market closure in observance of New Year’s Day which falls on a Saturday. U.S. markets will be open on Friday Dec. 31, which…
Companies that exited Russia after its invasion of Ukraine are being rewarded with
The almost 1,000 companies that have opted to pull out of Russia following its unprovoked invasion of Ukraine are not just benefiting from a reputational boost. They are also being rewarded by financial markets, while those who remain…
Durability of U.S. stock- market bounce in question as inflation worries linger ahead of
Investors took a breather this week as U.S. stocks bounced back from a weeks long selloff and the latest reading on inflation offered glimmers of optimism to those hoping for a peak in price pressures. Beneath the surface though, strong…
Dow futures slide more than 250 points as market worries mount
U.S. stock-index futures fell Sunday night, following a losing week on Wall Street amid worries about Fed policy and the fast-spreading omicron variant of COVID-19. Dow Jones Industrial Average futures…
Western Digital’s stock surges to pace the S&P 500’s winners after rival Samsung…
Shares of Western Digital Corp.
WDC,
+5.49%
shot up 5.6% in afternoon trading Wednesday toward a sixth-straight gain, enough to make the data storage company's stock the biggest gainer among S&P…
SoFi stock soars after company gains approval for bank charter — ‘a major step forward’
Shares of SoFi Technologies Inc. surged in after-hours trading Tuesday after the financial-technology company said that it won regulatory approval to become a bank-holding company. The company announced late…
ProFrac gets a unanimously bullish endorsement from Wall Street
Shares of ProFrac Holding Corp. powered to a fresh high Tuesday, after Wall Street gave the fracking services company a unanimously bullish endorsement, a little less than a month after a relatively disappointing…