Stock market today: Wall Street heads for a rare back-to-back loss
NEW YORK (AP) — U.S. stock indexes barely budged after a quiet day of mixed trading on Tuesday.
The S&P 500 edged down by less than 0.1%. It was a tiny loss, but it still marked the first back-to-back drop for the index in a month and a half. The index fell modestly on Monday after coming off a sixth straight winning week,
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Read MoreNuclear Energy Stocks Are Hot: Here's A List Of Tickers To Watch
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Nuclear energy-related stocks have taken off following major announcements from Alphabet, Inc.‘s (NASDAQ:GOOG) (NASDAQ:GOOGL) Google and Amazon.com,
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Read MoreStock market today: Dow, Nasdaq, S&P 500 recover from lows as Treasury yields hit highest level since July
Trump Media & Technology Group stock (DJT) hit its highest level since July on Tuesday, rising as much as 10% as investors bet on former President Donald Trump’s improved odds of winning the November election in exactly two weeks.
Shares in the company, the home of the Republican nominee’s social media platform Truth Social,
Read MoreAurum Launches $1B Tokenized Fund for Data Center Investments on XRP Ledger With Zoniqx
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Read MoreNasdaq Index Hits Record High as Tech Stocks Fuel Market Optimism
A significant factor supporting this rally is the cooling of Treasury yields. After peaking at a three-month high of 4.25% on Wednesday, the 10-year Treasury yield retreated slightly to around 4.21% by Friday. Higher yields have created pressure on equities, especially in recent weeks, as they increase borrowing costs and can diminish the appeal of stocks relative to bonds.
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Read MoreThe Burst
Netflix Has 56% Upside Right Now
This year has been tough on former high-flying stocks, and the low prices have tempted investors to buy the dip. Of course, not all stocks that have taken a beating are a buy. However, if you’re looking to build your portfolio of stocks with significant upside potential, Netflix (NASDAQ: NFLX) is one to consider.
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Read MoreThe Ivy
Investment Alert: 31.9% Upside In Healthcare Stock
Ivy Investment Alert: Buy Medtronic Under $80/share
Disclaimer: Ivy Investment Alerts have a medium to long-term time horizon. These do not constitute financial advice and you should contact a financial advisor before deciding whether it is appropriate for your individual circumstances.
Famously, Warren Buffett once said he looked out on the road and mused “if only I could set up a toll to capture a nickel from each car,
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