Yahoo News

U.S. stock futures descended early Monday as unrest in China over the nation’s restrictive COVID controls weighed on global sentiment and Wall Street returned from a holiday weekend. Futures tied to the S&P 500 (^GSPC) sank 0.8%, while futures on the Dow Jones Industrial Average (^DJI) fell 185 points, or 0.5%. Contracts on the technology-heavy Nasdaq Composite (^IXIC) were off by 0.9%. The moves come after an up week of modest gains for stocks. The S&P 500 rose 1.5%, the Dow 1.8%, and the… Source link

Goldman Sachs thinks that being defensive on stocks is the best bet headed into a 2023 that may see a long-talked about U.S. recession. “We remain relatively defensive for the three-month horizon with further headwinds from rising real yields likely and lingering growth uncertainty,” Goldman Sachs strategist Christian Mueller-Glissmann wrote in a note to clients on Monday. Mueller-Glissman recommended that investors go overweight (have more exposure to) cash and credit in the near-term. The… Source link

Yahoo is deepening its push into digital advertising, even as its competitors warn that the market is faltering. The internet pioneer, which was taken private in a $5 billion deal last year, is taking a roughly 25 percent stake in Taboola, the company known for serving up attention-grabbing links on websites, the chief executives of the companies said in an interview. The deal is part of a 30-year exclusive advertising partnership that allows Yahoo to use Taboola’s technology to manage its… Source link

This article first appeared in the Morning Brief. Get the Morning Brief sent directly to your inbox every Monday to Friday by 6:30 a.m. ET. Subscribe Monday, November 28, 2022 Today’s newsletter is by Brian Sozzi, editor-at-large and anchor at Yahoo Finance. Follow Sozzi on Twitter @BrianSozzi and on LinkedIn. Read this and more market news on the go with Yahoo Finance App. So I’m watching the Macy’s (M) Thanksgiving Day Parade and was pleasantly surprised to see musical performances by icons… Source link

This article first appeared in the Morning Brief. Get the Morning Brief sent directly to your inbox every Monday to Friday by 6:30 a.m. ET. Subscribe Monday, November 28, 2022 Today’s newsletter is by Brian Sozzi, editor-at-large and anchor at Yahoo Finance. Follow Sozzi on Twitter @BrianSozzi and on LinkedIn. Read this and more market news on the go with Yahoo Finance App. So I’m watching the Macy’s (M) Thanksgiving Day Parade and was pleasantly surprised to see musical performances by icons… Source link

Yahoo is deepening its push into digital advertising, even as its competitors warn that the market is faltering. The internet pioneer, which was taken private in a $5 billion deal last year, is taking a roughly 25 percent stake in Taboola, the company known for serving up attention-grabbing links on websites, the chief executives of the companies said in an interview. The deal is part of a 30-year exclusive advertising partnership that allows Yahoo to use Taboola’s technology to manage its… Source link

The NBA starts off the week with 10 games on the schedule Monday. Not only are there a ton of injuries that will impact the slate, but we also need to be on the lookout for potential rest days for players. The Hawks, 76ers, Timberwolves, Celtics, Magic, Nets, Cavaliers and Pacers will all be playing the second game of back-to-back sets. The Nets will be facing the struggling Magic, so they are one team that stands out for players to potentially rest. With that in mind, let’s dig into the… Source link

After the holiday weekend, it’s time to get back to business. That is to say, the business of playing NHL DFS contests, which you probably did over the weekend anyway. There are six games on the docket Monday night. Here are some players to target, and to avoid, for your DFS lineups. GOALIE Logan Thompson, VGK at CLM ($37): After a hot start, Thompson’s play has been a little spottier, but he still has a 2.48 GAA and .920 save percentage. The Blue Jackets have only averaged 2.90 goals and 29.8… Source link

Bitcoin was little changed in Monday morning trading amid mixed results from the other top 10 non-stablecoin cryptocurrencies following a relatively muted few days of trading over the Thanksgiving weekend in the U.S. Memecoin Dogecoin was the standout performer as longtime token advocate and new Twitter Inc. boss Elon Musk used the platform to announce a significant development for his electric car company Tesla Inc. See related article: Binance releases proof of reserves Fast facts Bitcoin… Source link

Belgium’s loss to Morocco on Sunday didn’t go over well at home. Riots broke out in several cities in Belgium and the Netherlands on Sunday night following Belgium’s 2-0 defeat to Morocco at the World Cup in Qatar. About a dozen people were detained by police in Brussels, who used water cannons and tear gas to disperse crowds, according to The Associated Press. Eight people were detained in Antwerp, and two police officials were injured in Rotterdam after soccer fans allegedly “pelted… Source link