Stock Rotation Lifts Small Caps to Three-Year High: Markets Wrap – Yahoo Finance
(Bloomberg) — Stock traders continued to rotate the megacap stocks that have been driving the bull market to other parts of Wall Street. Most Read Articles on Bloomberg Cyclical stocks outperformed, with the Russell 2000 index of small and medium-sized companies hitting a three-year high. Most big tech stocks fell, but Nvidia rose 3.1%. The […]
Global Chip Stocks Shed $420 Billion as ASML Shock Halts Rebound – Yahoo Finance
(Bloomberg) — Investors in semiconductor stocks are facing a new test of courage after a lackluster outlook for major equipment supplier ASML Holding NV triggered a global sell-off in the sector. Most Read Articles on Bloomberg The combined market capitalization loss of an index of U.S.-traded semiconductor manufacturers and Asia's largest stocks amounted to more […]
Gold Industry Sees Bullion Surging 10% in a Year to Record High – Yahoo Finance
(Bloomberg) — Gold prices are expected to rise to record highs over the next 12 months, according to a survey of the bullion industry at its major annual meeting. Most Read Articles on Bloomberg Participants at the London Bullion Market Association event in Miami expect prices to rise to $2,917.40 an ounce by late October […]
Stock market today: Wall Street hangs near its records as bank stocks rise, oil tumbles – Yahoo Finance
NEW YORK (AP) – U.S. stocks hovered near record highs Tuesday after several major banks posted summer profits that beat analysts' expectations as oil prices fell again. The S&P 500 rose 0.1% in early trading, a day after setting an all-time high. Best ever This year is the 46th time. As of 9:35 a.m. ET, […]
Dollar at over two-month high, yen near 150/$ – 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 […]