Dollar at over two-month high, yen near 150/$ – Yahoo Finance
Written by Uncle Banerjee SINGAPORE (Reuters) – The U.S. dollar was at its highest in more than two months against major currencies on Tuesday, spurred by expectations that the Federal Reserve will cut interest rates modestly in the near term, while the yen was weaker than major currencies. The dollar is slowly approaching 150 yen. […]
Stock-Split Watch: 3 Tech Stocks That Look Ready to Split – Yahoo Finance
Many popular tech stocks have split their shares in the past two years. A stock split does not actually make the stock fundamentally cheaper, since it simply splits a stock into smaller slices to lower the trading price. still stock split They get a lot of buzz in the media and attract small investors who […]
S&P 500 hits record high on chip stocks; corporate results, key data in focus – Yahoo Finance
Written by Lisa Pauline Matakkal and Purvi Agarwal (Reuters) – Wall Street rose on Monday, with the S&P 500 and Dow Jones Industrial Average rising during the day as investors geared up for a week packed with important economic data that will test corporate earnings and the stock market's inflated valuations. The highest value was […]
Palantir Hits Yearly High, Eyes $50 Mark Amidst S&P 500 Boost – Yahoo Finance
Palantir Technologies (PLTR, Financial) has had solid market performance, with its stock hitting a year-to-date high of $44.5 last Friday following its inclusion in the S&P 500. The stock's intraday range was $44.3 to $42.6, but ended the day at $43.51. The move came after the stock rose from a year-to-date low of $14.44 as […]
Commodities Steady as China Pledges More Support for Growth – Yahoo Finance
(Bloomberg) — Commodity prices stabilized after China pledged more support for its stagnant economy. Most Read Articles on Bloomberg Although the Treasury stopped short of revealing specific spending plans for fiscal stimulus at a closely watched conference on Saturday, investors were reassured by the Treasury's promise to boost growth. The plan includes further support for […]
Five Key Charts to Watch in Global Commodities Markets This Week – Yahoo Finance
(Bloomberg) — Investors are shielding themselves from a potential spike in oil prices. Palm oil futures are soaring, with traders turning to exchange-traded funds for gold amid geopolitical uncertainty and lower interest rates. Most Read Articles on Bloomberg Here are five notable charts to consider in global commodity markets as the week begins. oil options […]
1 Stock to Buy, 1 Stock to Sell This Week: Netflix, Walgreens – Yahoo Finance
This week will focus on retail sales, Fed speakers, and third-quarter results. Netflix is a buy because its profits are on the rise and its subscriber numbers are expected to increase. Walgreens Boots Alliance is a sell with disappointing earnings and outlook. Looking for more practical trading ideas to weather the current market volatility? Get […]
Tito Mboweni, South Africa’s First Black Central Bank Chief, Dies at 65 – Yahoo Finance
(Bloomberg) – Tito Mboweni, the first black governor of the South African Reserve Bank and who gained attention from financial markets and businesses by maintaining tight fiscal controls over the country’s public spending, has died. He was 65 years old. Most Read Articles on Bloomberg The presidential palace announced late Saturday that the former governor […]
3 Incredibly Cheap Dividend Stocks to Buy Now – Yahoo Finance
The stock market recently hit another all-time high. of S&P500 It has risen more than 30% in the past year due to a strong economy and falling interest rates. As a result, the valuations of most stocks skyrocketed. The S&P 500 currently trades at more than 24 times earnings; it is That's much higher than […]
Tax extension deadline is Oct. 15: What you need to know – Yahoo Finance
The deadline for those who have been granted an extension to file their tax returns for the 2024 tax season is Tuesday. Andrew Gordon, a tax accountant and CPA from Gordon Law Partners, joins us. brad smith About wealth! We discuss what taxpayers need to know, whether they're filing for expansion in 2024 or preparing […]