'All the pieces are in place for this bull market to end': A technical strategist who called the S&P 500's surge to 6,000 warns that stocks are a negative catalyst away from a 20% drop – Business Insider
Tyler Ritchie said the S&P 500 index rose to 6,000 in February. Now, the co-editors of the Sevens Report are warning of a possible market pullback. However, fundamentals remain generally strong and could continue to push the stock higher. Back in February, Tyler Ritchie explained why: S&P500 It could go up to 6,000. Investor sentiment […]
UnitedHealth, insurer stocks continue to tumble after Brian Thompson’s murder
Shares of health insurance companies, including UnitedHealth Group, continued to soar Friday, two days after Brian Thompson, CEO of the company's health insurance division, was shot and killed by a gunman waiting outside a Manhattan hotel. continued to decline. Police officials said the gunman was still at large and a motive for the attack had […]
Stocks making the biggest moves after hours: American Eagle Outfitters, Five Below, Synopsys and more – CNBC
Let's check out the companies that are becoming a hot topic for after-hours trading. American Eagle Outfitters – Shares fell 12% after the company reported lower-than-expected third-quarter earnings. American Eagle's revenue for the period was $1.29 billion, below the consensus estimate of $1.3 billion, according to LSEG. The company also gave a weak outlook for […]
Stocks making the biggest moves midday: JetBlue, Eli Lilly, Pure Storage, Salesforce and more – CNBC
Check out the companies that are trending in intraday trading. JetBlue Airways — The airline said in a regulatory filing that it expects its full-year revenue outlook to decline by less than originally expected. JetBlue boosted its forecast after bookings for November and December exceeded expectations. The stock price rose 8%. Roku — Stocks rise […]
Stock market today: Global stocks mixed, Kospi down 1.4%, as South Korea's political drama calms – Yahoo Finance
HONG KONG (AP) – Global stocks were mixed Wednesday, with the Kospi in Seoul falling less than 2% after an overnight political drama in South Korea heightened uncertainty in the region. France's CAC40 index rose 0.3% to 7,278.18 in early trade as the minority government faces crisis. vote of no confidence Congress on Wednesday after […]
Asian stocks slip, rattled by South Korean political unrest – Yahoo Finance
Written by Uncle Banerjee SINGAPORE (Reuters) – Asian stocks stumbled on Wednesday as traders scrambled over political turmoil in South Korea, where martial law was imposed and lifted hours later, while a no-confidence vote in France puts the euro in the spotlight. Ta. The South Korean won stabilized after rising amid allegations of interference, but […]
Stocks hit record, Walmart dials back DEI, and DOGE is rockin’ and rollin’
Phil Orlando, chief equity strategist at Federated Hermès, spoke of the “attractive” post-election rally and pre-holiday retail situation. – Stocks hit record highs for another week as President Trump's economic boom continues – Elon Musk and Vivek Ramaswami's DOGE is scheduled to depart next week – President-elect Trump adds another top businessman to his team […]
Tech stocks spark Europe market rebound; inflation data looms By Reuters – Investing.com
Written by João Manuel Vicente Mauricio and Ankika Biswas (Reuters) – After two days of declines on concerns about possible U.S. tariffs and economic and political challenges in France, tech stocks led a rally in European stocks on Thursday, with investors now in the Interest rate cuts are closely monitoring inflation reports for clues about […]
Asian stocks subdued, dollar drifts ahead of US Thanksgiving – Yahoo Finance
Written by Harry Robertson and Uncle Banerjee LONDON/SINGAPORE (Reuters) – European shares rose on Thursday after falling a day earlier, while Asian stocks fell as trading volume eased ahead of the U.S. Thanksgiving holiday. The continent-wide STOXX 600 index rose 0.48% after falling 0.75% in the previous two sessions. MSCI's broadest index of Asia-Pacific stocks […]
Dow tops 45K for first time but Wall Street slips as tech stocks slump
The Dow topped 45,000 for the first time, but Wall Street's major indexes fell on Wednesday, with the Nasdaq leading the decline as tech stocks fell ahead of the Thanksgiving holiday. Meanwhile, investors were watching to see what the Federal Reserve's next action would be based on the outlook for inflation. In afternoon trading, the […]