U.S. stocks pressed higher on Friday after the December jobs report helped quiet concerns about the state of the U.S. labor market. The advance was strong enough to land a fresh round of record closes for the S&P 500 SPX and Dow Jones Industrial Average DJIA. But perhaps even more remarkable, the small-cap Russell 2000 […]
Big Bank earnings, inflation data, and corporate and economic reports highlight this week’s calendar. Many top financial institutions are scheduled to kick off earnings season in the days ahead, including JPMorgan, Wells Fargo, Morgan Stanley and Goldman Sachs. Reports from Delta Air Lines and Taiwan Semiconductor will also be in the spotlight, showcasing the health of the […]
President Donald Trump this week issued an attention-grabbing proposal cracking down on Wall Street in an effort to lower home prices and ease affordability woes. In a social media post, Trump said he would move to ban large institutional investors from “buying more single-family homes” and he urged Congress to codify the policy into law. […]
Novo Nordisk (NVO) stock extended gains on Friday after the pharmaceutical giant announced a partnership with Amazon Pharmacy for its FDA-approved oral weight-loss pill. According to its press release, Amazon Pharmacy will offer access to oral Wegovy at competitive price points starting at $25 for insured patients and $149 for uninsured customers. Why Amazon Pharmacy […]
US stock futures traded sideways Thursday as investors braced for a pivotal employment report and awaited a possible Supreme Court decision that could reshape the outlook for President Trump’s tariffs. Futures tied to the Dow Jones Industrial Average (YM=F), S&P 500 (ES=F) and Nasdaq 100 (NQ=F) all hovered around the baseline. During Thursday’s regular session, […]
Oil extended a gain as the market weighed US President Donald Trump’s threat against Iran, while also focusing on his administration’s moves to exert control over Venezuela’s exports and energy sector. West Texas Intermediate was around $58 a barrel after rising 3.2% on Thursday, while Brent was near $62. Trump threatened to hit Iran “hard” […]
HONG KONG (AP) — Asian shares were mixed on Thursday after Wall Street’s strong start to the year cooled. Tokyo’s Nikkei 225 dropped 1% to 51,660.50 in early trading, with technology stocks among those leading the decline. South Korea’s Kospi added 0.6% to 4,576.95. Both reached all-time high levels earlier this week. Hong Kong’s benchmark Hang […]
It is not often that we see high-yield dividend stocks outperforming the markets by a wide margin. However, last year, Citigroup (C), which boasted one of the highest dividend yields among its large-cap banking peers, rose 66%, which was not only significantly higher than the broader market but also higher than other banks. The stock […]
Goldman Sachs Group Inc. projects Chinese stock benchmarks will post another year of growth, though at a slower pace than in 2025, with earnings supported by AI and policy measures. The MSCI China Index is forecast to climb 20% to 100 by end-2026 from its 2025 close, while the CSI 300 Index is seen rising […]
Bitcoin (BTC-USD) hovered above $91,000 per token on Tuesday as recent momentum sparked optimism that the brutal fourth quarter sell-off may be behind it. ‘We believe with reasonable confidence that Bitcoin and broader digital asset markets have bottomed,” analyst Gautam Chhugani and his team said in a note on Tuesday, pointing to $80,000 in late […]
US stock futures rose Monday evening after a sharp rally in equities earlier in the day, as investors largely brushed off geopolitical concerns tied to Venezuela and focused instead on potential economic upside for US companies. Dow Jones Industrial Average futures (YM=F) held steady, while futures attached to the S&P 500 climbed 0.1%. (ES=F) Nasdaq […]
(Bloomberg) — Monday’s $61 billion issuance tally for the global dollar bond market showcases strong investor appetite for credit, one that will likely embolden issuers to boost supply early in the year. At least nine borrowers in Asia — including Japan’s Resona Bank Ltd. and Agricultural Bank of China Ltd. — were marketing notes in […]
