Tag: shares

September 1, 2023

The top 500 US stocks ranked by market capitalization have partially recovered one of the deepest pullback seen during the current bull market. Rising risk-free rates (US treasuries) at a time when inflation has declined, has resulted in higher US […]

September 1, 2023

Nvidia (NASDAQ:NVDA) Corp’s market capitalization climbed higher in August thanks to its strong profit forecasts, which defied the broader downtrend in mega-cap technology stocks during the past month as an uptick in U.S. bond yields rattled the sector. Nvidia’s shares […]

August 31, 2023

Dollar General cut its annual forecasts and posted a worse-than-expected quarter, hit by weaker store traffic and a move to sell more low-margin essentials over discretionary goods, knocking its shares down 16%. The Goodlettsville-Tennessee based retailer has fallen short of […]

August 24, 2023

Wall Street is really suffering through the dog days of August. The S&P 500 is down more than 3% this month, on pace to snap a five-month winning streak. The broader market index is also on track to post its […]

August 3, 2023

Euro area private sector contracted the most in eight months in July due to the deepening downturn in manufacturing and a near-stalling of services output. The final HCOB composite output index fell to an eight-month low of 48.6 in July […]

August 1, 2023

U.S. stocks were mixed this morning, with the Dow Jones trading slightly higher on Tuesday. Following the market opening Tuesday, the Dow traded up 0.03% to 35,568.68 while the NASDAQ fell 0.57% to 14,264.52. The S&P 500, also fell, dropping, […]

July 28, 2023

IDR plans allow borrowers to pay back their loans based on their discretionary income and forgive their remaining balances after a certain period of time. The Education Department finalized new IDR regulations earlier in July. They drop the required payment […]

July 25, 2023

Wells Fargo shares popped Tuesday after the bank said it would buy back $30 billion in stock. The company also said its board of directors approved a previously announced dividend increase, to 35 cents per share from the previous 30 […]

July 20, 2023

Shares of American Airlines (NASDAQ:AAL) fell on Thursday as its outlook for the second half of the year disappointed investors even as the company lifted its full-year profit forecast and posted higher-than-expected quarterly earnings. American forecast adjusted profit of $3.00 […]

July 17, 2023

China’s economic growth missed forecasts in the second quarter of the year, adding to worries over surging youth unemployment and a weak property sector and raising the likelihood the government will double down on support for the faltering post COVID-19 […]

July 14, 2023

Shares inched 0.6% higher after the bank reported stronger-than-expected results for the second quarter, as it benefited from higher interest rates and better-than-expected bond trading. Wells Fargo shares dipped slightly even after the Wall Street firm topped second-quarter expectations. The […]

July 7, 2023

The buy-the-dip regime in stocks is back – and investors should take advantage of the recent pullback in equities as the economy is expanding, according to Fundstrat’s head of research Tom Lee. Lee, who has been bullish on stocks for […]

July 6, 2023

Stocks closed lower after reports suggested the U.S. job market remains much more resilient than expected. The S&P 500 fell 0.8% Thursday. The Dow lost 366 points, or 1.1%, and the Nasdaq fell 0.8%. While a sturdy labor market keeps […]

June 30, 2023

The recent leg higher in US Treasury yields continues to press down on gold and with rates expected to stay high, or even higher, for longer then the path of least resistance for the precious metal looks lower. Thursday’s robust […]

June 22, 2023

Stocks are drifting on Wall Street as central banks cranked up interest rates in their ongoing fight against inflation. The S&P 500 rose less than 0.1% in afternoon trading Thursday. The majority of stocks in the benchmark index were slipping, […]

June 21, 2023

Shares of the online retail giant slumped 0.8% after the Federal Trade Commission said it was suing Amazon over allegations of deceptively pushing customers to sign up for Prime and frustrating them in their efforts to cancel. The delivery company […]

June 8, 2023

Gold is at a critical juncture – stretched retail traders’ long positioning poses downside risks to XAU/USD. However, if the past is any guide, the yellow metal may not be ripe for a bearish break just yet. The IG Client […]

June 5, 2023

World shares edged higher on Tuesday as investors mulled whether a recent rally in stocks has legs to run further, while Treasury yields drifted higher as traders pared bets that U.S. rate cuts are on the horizon given sticky price […]

June 5, 2023

U.S. stocks are drifting Monday to begin what could be a quiet stretch following their best week since March. The S&P 500 edged up 0.3% in morning trading. The Dow Jones Industrial Average was down 61 points, or 0.2%, at […]

May 2, 2023

Canvas has consistently grown over the past 10 years, with the LMS now being used by more than one-third of higher education institutions in the U.S. and Canada, according to an annual analysis from market research and consulting firm Phil […]