Stock Market Today: Dow futures point to second day of losses after Powell remarks
U.S. stock futures pointed to another day of losses Friday as investors absorbed the message of Fed Chair Jerome Powell that the central bank may not pursue rate cuts aggressively.
Dow Jones Industrial Average futures fell 204 points, or 0.5%, to 43697.
S&P 500 futures dropped 38 points,
Dow futures slump again
U.S. stock futures pointed to another day of losses Friday as investors absorbed the message of Fed Chair Jerome Powell that the central bank may not pursue rate cuts aggressively.
Dow Jones Industrial Average futures fell 204 points, or 0.5%, to 43697.
S&P 500 futures dropped 38 points,
» Read more about: Dow futures slump again »
Read MoreNBA rumors: Shams hints at LeBron James' retirement plans
The latest on LeBron James’ possible retirement comes courtesy of ESPN’s Shams Charania. He spoke to Stephen A. Smith on ESPN’s First Take about James’ potential plan following this season.
“[LeBron James] is going to be 40 years old next month,” Charania said. “My sense is next season could potentially be his last season in the NBA.
» Read more about: NBA rumors: Shams hints at LeBron James' retirement plans »
Read More51.6% Upside In This Under-the-Radar Energy Play
Few investors realize that APA Corporation, formerly Apache Corporation, has quietly become a key player in one of the most sought-after regions for oil and gas exploration: Suriname.
This emerging hotspot may very well reset APA’s growth trajectory but it appears few investors have cottoned on to its promise.
APA Corporation’s joint venture with TotalEnergies in Suriname’s Block 58 is one of the most under-the-radar exploration stories in the energy sector today yet early drilling results have confirmed multiple discoveries,
» Read more about: 51.6% Upside In This Under-the-Radar Energy Play »
Read MoreWarren Buffett Trims Stake in Apple Stock Once Again. Here's What Investors Need to Know
Warren Buffett’s Berkshire Hathaway (NYSE: BRK.A) (NYSE: BRK.B) stock portfolio is one of the world’s most closely followed collections of stocks. The reason is simple: Buffett has led Berkshire to market-crushing gains over a long period of time. A $1,000 investment in Berkshire Hathaway at its IPO would be worth $2.4 million today.
Read MoreThe Burst
Is This the Spark to Ignite Cannabis Stocks?
The cannabis industry seems like an obvious way for investors to make money. There’s immense demand for cannabis products, and plenty of companies would like to sell edibles, concentrates, flowers and similar items to consumers.
Common wisdom says that the value of cannabis stocks will grow as more states legalize medical and recreational access.
» Read more about: Is This the Spark to Ignite Cannabis Stocks? »
Read MoreThe Ivy
Alert: 1 Profitable Fintech Has 57.4% Upside
Investment Alert: Buy Lending Club (LC)
Like other lenders. Lending Club is susceptible to credit and interest rate risk. But the share price has fallen to the point that the cash on its balance sheet now…
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