Tag Archives: futures

(Bloomberg) — U.S. equity futures rose ahead of data expected to show the biggest increase in jobs in five months. Most other markets were closed for Good Friday. The labor report for March has the potential to roil the bond market when trading will be thin during a holiday-shortened session. Treasuries will be open for a half-day session, while the New York Stock Exchange is closed today. The median economist estimate points to 650,000 gain in non-farm payrolls, which would indicate that the… Source link

Bloomberg Credit Suisse Executives Under Scrutiny for Serial Miscues (Bloomberg) — Credit Suisse Group AG is still tallying the losses from its relationship to Lex Greensill and Bill Hwang’s Archegos Capital Management. But attention is likely to soon turn to accountability for a management team stung by serial fiascos. The bank has reactivated a special crisis committee — led by Chairman Urs Rohner and the heads of the audit and risk committees — to oversee the issues surrounding Credit… Source link

Stock futures traded little changed Wednesday evening after a record-setting day on Wall Street. Contracts on the S&P 500 hugged the flat line, after the blue-chip index reached a record intraday high during the regular session, and closed out its best monthly gain since November. Nasdaq futures edged up after technology stocks lifted the index higher by more than 1.5%. In late trading, shares of electric-vehicle stocks including Workhorse Group (WKHS) and Plug Power (PLUG) increased as… Source link

TipRanks Keep on Buying These 3 EV Stocks, Says Analyst Following Conference Investors are always on the lookout for the next big thing, the next industry that will bring the great returns. Predicting what stock sector will blast off is an inexact science, at best; but like politics, stocks run downstream from culture. And right now, culture is all-in for clean energy and electric cars. Observing the electric vehicle (EV) stock sector for Colliers Securities is industry expert Michael Shlisky…. Source link

Bloomberg After Jubilation on the Suez Canal Comes the Investigation (Bloomberg) — In the end, it took roughly six days and seven hours to undo the minutes of drama that exposed the vulnerability of global trade and captivated the world. It may take longer to figure out how to avoid it happening again.At just after 3 p.m. local time on Monday, the Ever Given was dislodged from a sand bank in the Suez Canal by tugboats pushing and pulling to rock it loose. To cheers from the dozens of crew… Source link

TipRanks Goldman Sachs Bets on These 3 Stocks; Sees Over 50% Upside Potential What goes up must come down, as we all know. This fact of physics is the underlying worry of the stock market, that fuels our suspicions of bubbles. But investment firm Goldman Sachs doesn’t believe we should worry; the firm’s chief global equity strategist Peter Oppenheimer gives several reasons to expect that the market’s current upward trend is real. His key points include the equity risk premium, the real… Source link

Bloomberg Tug Boats Scramble to Move Massive Ship Blocking Suez Canal (Bloomberg) — Tugs and diggers have so far failed to dislodge a massive container ship stuck in the Suez Canal for a third day, increasing the chances of prolonged delays in what is arguably the world’s most important waterway.Work to re-float the Ever Given was suspended until Thursday morning in Egypt, shipping agent Inchcape said, citing the Suez Canal Authority. Dredgers are still trying to loosen the vessel before… Source link

TipRanks 2 “Strong Buy” Penny Stocks With Massive Upside Ahead Does high risk mean high reward? Not necessarily, so say the pros on Wall Street. Specifically citing penny stocks, or stocks that trade for less than $5 per share, analysts advise caution as these names might still be in the early innings, or it could be that they face an uphill battle that is just too steep. Luring investors with their bargain price tags, these stocks might be up against overpowering headwinds or have weak… Source link

TipRanks Analysts Say ‘Buy the Pullback’ in These 3 Stocks The savvy investor knows that the best time to buy is when a stock is priced low – it’s just the old game of ‘buy low and sell high,’ the age-old advice on how to make money. But with the S&P at near record levels, it’s hard to tell when a stock is priced low. The key is just to take them as individuals. The stock market is the world’s greatest real-time experiment in averaging over large mass numbers. The markets as a… Source link

TipRanks Analysts Say ‘Buy the Dip’ in These 3 Stocks Smart stock investing shouldn’t be emotional, but investors are only human, after all, making it difficult to follow a rational trading strategy. Investors should remember the advice of Warren Buffett: “We simply attempt to be fearful when others are greedy and to be greedy only when others are fearful.” What Buffett is advocating is the oldest of market advice: buy low and sell high. Taking this into consideration, we set out on… Source link