4 Hours Ago Stocks open little changed The three major indexes were near flat at open. The Dow, S&P 500 and Nasdaq Composite were all within 0.1% of their flatlines shortly after 9:30 a.m. ET. — Alex Harring 5 Hours Ago British insurer Hiscox down 9% after weak retail outlook Hiscox was the worst performer … Read more
With stocks struggling again on Tuesday , Bank of America’s chart analyst said a “tactical correction” is underway and may continue for a bit longer because of seasonal weakness historically in the upcoming period. “After testing the target for the summer rally at 4580 and chart resistance at 4590-4637 in late July, the [S & … Read more
The Dow Jones Industrial Average broke a 13-day winning streak Thursday, the likes of which were last seen in 1987. As momentous as the rally was, these types of winning streaks aren’t terribly different from the result of flipping a coin, according to an analysis by CNBC. CNBC ran a simulated coin flip thousands of … Read more
Stocks have given back some of their impressive first-half gains in recent days. The Labor Department’s June readout of nonfarm payrolls showed a job market that’s beginning to ease. Twitter accused Meta of stealing trade secrets in the development of its new Threads app. Traders on the floor of the NYSE, July 6, 2023. Source: … Read more