NASDAQ, Dow Jones and S&P 500 Forecast – US Indices Drift Lower in Premarket Trading
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Read MoreInside the ‘vicious’ stock market rotation hurting the Mag 7
One thing has generally held true about the stock market the past two years: it has gone up and to the right. The reasons why are plentiful. For starters, corporate profits continue to impress Wall Street amid solid US economic growth, pricing power, and stock buybacks. Two, investors have poured massive money into big-cap tech names such as Nvidia (NVDA) and Alphabet (GOOG,
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Read MoreStock market today: Tech rout extends sell-off as investors pare back rate-cut bets
- US stocks fell on Monday as investors reduced bets on Federal Reserve interest rate cuts.
- A strong jobs report raised doubts about further rate cuts amid inflation concerns.
- Tech stocks dropped after new Biden administration export rules on AI chips were announced.
The sell-off in US stocks continued on Monday as investors dialed back their bets for more interest rate cuts from the Federal Reserve.
Read MoreHershey CEO announces plans for retirement
Michele Buck, chair of the Board of Directors, president and CEO of the Hershey Co. has announced her retirement, but she’s giving plenty of notice so that company can find the right successor.
Buck informed the company’s board of directors that she intends to retire June 30,
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Read MoreUS debt to reach 107pc of GDP by 2029: CBO estimates
Washington | The US government is on track to surpass record debt levels set after World War II in just four years, the Congressional Budget Office warned on Friday (Saturday AEDT) — even as it lowered somewhat its deficit projections for the next decade.
The new CBO estimates don’t include revenue losses from President-elect Donald Trump’s plans to extend expiring provisions of his 2017 tax cuts and further steps to reduce levies.
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Read MoreThe Burst
Market Commentary: Is Buffett’s IPO Bet In A Bubble?
It’s rare that the Oracle of Omaha makes a bet on a tech company, let alone one that has recently had an initial public offering. It’s even rarer for him to invest pre-IPO, but that’s exactly what he did with Snowflake.
Read MoreThe Ivy
Market Commentary: How To Earn $5,000 Per Year Forever
Imagine you wanted to earn passive income forever more, how would you go about picking stocks likely to pay a yield large enough that it will be lucrative but low enough to ensure it’s sustainable?
The latter part of the sentence is the key because it’s always possible to find companies that pay sky high yields,
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