The S&P 500 (^GSPC) has been rallying this week, closing just shy of a record high on Thursday. In today’s Chart of the Day, Market Catalysts host Brad Smith takes a look at historical patterns for the S&P 500,
Hedge funds last week sold off stocks of energy companies at the quickest pace in 10 months as oil prices slumped following the announcement of a ceasefire in the 12-day Iran-Israel war.
The selling was seen across the board in energy stocks in every region, Goldman Sachs analysts wrote in a note to clients carried by Reuters.
» Read more about: Hedge Funds Abandon Energy Stocks Amid Oil Price Slump »
Factory activity in China edged upwards in June but stayed in contractionary territory for a third straight month, as the country battles soft demand and the effects of a trade war with the United States.
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China’s official purchasing managers’ index (PMI) – a gauge of manufacturing activity – rose to 49.7 in June from 49.5 in May and 49.0 in April,
» Read more about: China’s factory activity rebounds in June as US trade tensions ease »
Social media and the technological ease of trading today are energizing one of investors’ biggest enemies: FOMO, or the fear of missing out. More than half (57%) of Americans say they have made a financial decision after seeing others’ lifestyles online, according to a 2025 survey from Empower. And half of Americans said that seeing what others are buying on social media motivates them to spend money due to FOMO.
» Read more about: FOMO Investing Explained: Protecting Your Money from Market Hype »
Claiming Social Security benefits can be complicated. Retirees have to figure out the optimal time to apply, estimate the impact of other income on their monthly payments, and determine the best way to take advantage of spousal and survivor benefits, among other things.
We’re here to help.
» Read more about: 13 Answers to Pressing Social Security Questions »
Call options are surging as investors bet on more gain ahead.
by Esha Dey
Traders keen to seize on further gains after the S&P 500 Index hit its first record since February are betting on stock-market darlings that they expect will surpass the index’s ascent.
Canada has scrapped its planned digital services tax on US tech firms late on Sunday, just hours before it was due to come into effect.
The move aims to revive stalled trade talks with the US, which President Trump suddenly halted on Friday over the tax,
By CHRISTOPHER RUGABER, Associated Press
WASHINGTON (AP) — Federal Reserve governor Michelle Bowman on Monday said the central bank should consider cutting its key interest rate as soon as its next meeting in July, underscoring deep divisions among Fed officials as they endure sharp criticism from the White House.
» Read more about: Federal Reserve’s Bowman says rate cut should be on table in July »
Investors looking for stocks that can produce dramatic gains in a short amount of time will want to turn their heads toward the biopharmaceutical space. Chasing short-term gains isn’t the smartest way to invest, but hardly a month goes by without at least one stock from this industry shooting through the roof as the drugs it develops cross important milestones.
» Read more about: Wall Street Expects Editas Medicine to Soar 53%. Is It Time to Buy Now? »
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Home equity loans and home equity lines of credit (HELOCs) allow homeowners to tap into the value of their homes.
A home equity loan is a fixed-rate,
» Read more about: Today’s HELOC & Home Equity Loan Rates: June 30, 2025 »