The next leg up for gold might be the true test for the stock market, says one technician. “You’ve got to get a break above $1,365 specifically to really suggest that gold is starting a new leg higher,” Craig Johnson, chief market technician at Piper Jaffray, told CNBC’s “Trading Nation” on Friday. “If we get […]
European stocks ended with a slight gain Monday, extending a two-week rally, helped by what appeared to be a pause in the ongoing trade skirmish between the U.S. and China, the world’s two biggest economies. The rally was limited, however, by a drop for stocks with Russian links after fresh U.S. sanctions announced on Friday. […]
Fund managers have begun to ditch so-called FANG stocks that powered the U.S. stock market to record highs in January and are slowly rotating into commodity-related shares and other value stocks which typically outperform in late-cycle recoveries. Portfolio managers holding shares of Facebook, Amazon.com, Netflix, and Google-parent Alphabet say they are increasingly concerned that the […]
Asian shares edged higher on Monday as a bounce in U.S. stock futures soothed sentiment even as U.S. President Donald Trump kept up his twitter war with China over trade just a couple of days before President Xi Jinping gives a keynote speech. There was also little immediate reaction to reports U.S. forces had struck […]
When a company’s dividend yield climbs into the double digits, it’s a sign that investors see an increasing risk that the payout is no longer sustainable at its current rate. While that’s not always the case, it is a warning sign worth watching, especially when a company’s underlying financials appear to be deteriorating. That certainly […]
Stocks in Asia traded mixed on Monday, with most markets shrugging off steeper declines seen on Wall Street after a week largely dominated by U.S.-China trade developments. The Nikkei 225 was largely directionless, with the benchmark flat in the morning. The broader Topix slipped 0.1 percent as the oil and coal subindex led declines. South […]
He’s a Wall Street bear who sees more monster market moves coming — with the majority of them leaving stocks deep in the red. The Bleakley Advisory Group’s Peter Boockvar warns there’s more trouble brewing, because the era of easy money is ending, thanks to global central banks hiking borrowing costs. And as fears intensify […]
Stock-market bulls are counting on earnings season to right a ship that has been buffeted by technology-industry woes and escalating tariff tensions between the U.S. and China that threaten to erupt into a full-blown global trade conflagration. The week ahead might be crucial. First-quarter earnings season gets under way in earnest on Thursday and Friday, […]
Stocks ended the week the way they began it: tumbling as investors worry that tariffs and harsh words between the U.S. and China will touch off a trade war that derails the global economy. The latest drop came as the White House proposed tripling the amount of goods from China that will be subject to […]
The Dow Jones Industrials (DJINDICES: ^DJI) went through a lot of turbulence during the first quarter. In the end, the average lost just over 600 points, or about 2.5%, and broke a streak of winning quarters dating back to 2015. Yet the news wasn’t entirely bad for investors. Even though the overall index was down, […]
Donald Trump’s got the stock market on a string, but investors are less sure of the game he’s playing. The Republican president’s renewed ramblings on trade dominated U.S. equity markets this week, with a tweet-induced swoon on Friday leaving the S&P 500 Index 1.4 percent lower than where it started on Monday. The gauge swung […]
Check out which companies are making headlines before the bell: Amazon.com – Amazon remains on watch following another round of criticism from President Trump, who repeated that Amazon has unfair advantages and that he will study policies that will “level the playing field.” PayPal – Amazon is considering the use of its Alexa personal assistant […]
