No cut, no problem—at least not for the stock market. It should have been a bad week for an overextended market, one that had risen for 14 of the previous 15 weeks. A pair of stronger-than-expected January inflation prints forced investors to wake up to the realization that the Federal Reserve won’t be cutting interest … Read more
Stock-market investors may take their cues from a series of important events in the week ahead, including the Federal Reserve’s monetary-policy meeting, a closely-watched December employment report and an onslaught of earnings from megacap technology names, which all promise insight into the state of the economy and interest-rate outlook. The benchmark S&P 500 index SPX … Read more
The stock market is getting a jolt from the inflation report. This isn’t the kind of rally that will likely peter out—believe in this one. All three major U.S. stock indexes jumped more than 1% Tuesday morning, with the Nasdaq Composite coming close to a 2% gain. That comes after data showed the consumer price … Read more
Both interest rates and the stock market have risen handily in 2023, despite the former being a headwind to the latter. The question is how long it will be before one or the other blinks. Although the returns on cash and bonds can’t really compare to equities longer term, it’s easy to see why higher … Read more
So far, September is living up to its reputation as the worst month for the stock market. But the worst of the pain might have already passed. The ninth month of the year is historically the worst for stocks. According to Dow Jones Market Data, the S&P 500 has averaged a 1.1% decline in September … Read more
Tesla Finally Raised Prices. Why the Stock Is Tumbling. Barron’s Source link
After an epic first day of trading on the Nasdaq, VinFast (ticker: VFS) closed at $37.06, up 255%, giving the EV start-up a market capitalization of roughly $86 billion. That’s more than the market cap of Ford Motor (F), General Motors (GM), Volkswagen (VOW3.Germany), and BMW (BMW.Germany). It’s even more than Hyundai Motor (005830.Korea) and … Read more