Tag: market

March 6, 2019

When stocks hit bottom just before the start of the bull market 10 years ago, Wall Street was littered with financial crisis losers, many trading in the single digits. CNBC looked at the price performance of S&P 500 members that […]

January 28, 2019

The market meltdown that wiped out stocks’ gains late last year will be a recurring feature of the trading environment, according to Daniel Pinto, co-president of J.P. Morgan Chase and head of its massive corporate and investment bank. “Over time, […]

December 7, 2018

Up until now, the technology and capabilities for leading financial institutions and service providers have been focused primarily on improving the speed and efficiency of transaction processes to minimize cost and improve the visibility of information. They rely on this […]

November 15, 2018

Wall Street has been waiting for a year end rally, but some strategists say it’s more likely the market will see more selling before staging a real comeback. Investors have been counting on the fact that midterm election years are […]

November 8, 2018

Midterm elections historically lead to stock market rallies, regardless of the results. Wednesday was no exception when there was a late-day rally in marijuana stocks adding icing to the cake. The Dow Jones Industrial Average DJIA, +2.13% rose 545 points, […]

November 7, 2018

Target rose in premarket trading Wednesday after Cowen analysts said the retailer had strong momentum and the opportunity to gain market share selling toys and other children’s merchandise. The analysts upgraded the shares to outperform from market perform and raised […]

November 6, 2018

Apple has long been a market darling, but it’s gotten sliced and diced recently. Shares of Apple were trading higher on Tuesday, but the stock has sunk 13 percent from its all-time high hit last month, shedding $145 billion in […]

October 31, 2018

Ten years ago, as Lehman Brothers was declaring bankruptcy and the global economy was lurching into recession, the idea for an alternative currency was being quietly built online. On October 31, 2008 bitcoin was born — and in the past […]

October 29, 2018

U.S. stocks are jumping Monday morning as the market rapidly changes course once again. Technology companies are climbing, with open-source software company Red Hat surging after IBM agreed to buy it for $34 billion in stock. Internet and media companies […]

October 19, 2018

Tesla shares slipped Friday morning, down 0.94%, after CEO Elon Musk revealed a lower-cost Model 3 sedan was ready for order on the company’s website. They had gained as much as 2.2% in early action. “Just released lower cost, mid-range […]