Tag Archives: gains

Stocks extend gains, S&P 500 and Nasdaq set record highs

Stock futures opened little changed Tuesday evening after another record-setting session, with investors looking ahead to a key Federal Reserve event later this week. Contracts on the S&P 500 were flat to slightly higher. The index set record intraday and closing highs during the regular trading day, with investors piling into stocks in the energy and consumer discretionary sectors that had lagged over the past month. The Nasdaq also gained another 1%, rising for a fourth straight session and… Source link

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Stock futures open higher, extending gains after record-setting session

Stock futures opened higher Monday evening, building on advances following a record-setting day.  Contracts on the S&P 500 edged up. The blue-chip index set a record intraday high earlier on Monday, but ended just short of a record close. The Nasdaq outperformed and rallied 1.6% to new highs, led by gains in Big Tech stocks including Amazon (AMZN). “Reopening” stocks including the airlines and cruise lines also added to gains after rising during the regular trading day, with optimism over a… Source link

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‘Gains will be harder to come by’ for US economy hit by Delta variant: Morning Brief

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 Friday, August 20, 2021 More signs of a summer swoon for economic growth On Thursday morning, we noted that challenges were emerging for the health of the economic expansion, mostly due to the still-raging COVID-19 pandemic.  Those signs continued into the end of this week.  After highlighting that at least two Wall Street firms had either cut or… Source link

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Robinhood gains 8%, closing out wild trading week

Robinhood (HOO) shares closed 7.9% higher on Friday, closing out a wild trading week, Shares of the trading platform gained 57% over the last five sessions after massive gains on Tuesday and Wednesday.  Yesterday shares tanked 27% after news that some stockholders would be cashing out up to 97.8 million shares. Those sales are on hold until receiving clearance from the Securities and Exchange Commission. That will likely happen after the company reports second-quarter results on Aug…. Source link

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Reddit’s WallStreetBets is Buying these 10 Stocks for Post-Earnings Gains

In this article, we discuss the 10 stocks Reddit’s WallStreetBets is buying for post-earnings gains. If you want to skip our detailed analysis of these stocks, go directly to Reddit’s WallStreetBets is Buying these 5 Stocks for Post-Earnings Gains. Retail investors who use internet forums like Reddit and StockTwits to outline their market strategy have been investing heavily in companies that are expected to post their earnings results for the second quarter in the coming days. These… Source link

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Stocks rise to extend July’s gains as earnings, economic data roll in

Stocks gained on Monday, looking to kick off August trading on a high note after a winning July.  The S&P 500 added about 0.5% shortly after market open and neared an all-time high. The Dow and Nasdaq also rose.  Equity investors are entering August with momentum from a sixth straight monthly gain, with the S&P 500 logging an advance of 2.3% in July. Both the Dow and Nasdaq also added more than 1% for the month.  These increases came alongside a strong season so far for quarterly corporate… Source link

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3 Under the Radar Penny Stocks With Triple-Digit Gains in Sight

Let’s take a look away from the headline-grabbing market giants, and head into the world of penny stocks. Traditionally, these were stocks priced at just pennies per share – that’s the old English copper penny, when it was 240 pence to the pound – but nowadays the ‘pennies’ are stocks with share prices under $5. The penny stocks offer retail investors a series of advantages, all connected. Their low price makes the cost of entry to the market affordable – a relatively small… Source link

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Intel Falls on Latest Server Chip Delay; Rival AMD Gains

(Bloomberg) — Intel Corp. fell after saying a new version of its Xeon server chip line will go into production in 2022, rather than by the end of this year as promised, the latest in a series of delays that have cost the company technology leadership of the chip industry.Rival Advanced Micro Devices Inc. rose after Intel said Tuesday that a chip design, code-named Sapphire Rapids, will begin production in the first quarter of 2022 with the “ramp” beginning the following quarter. The… Source link

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Stock futures add to record levels, Dow gains after Nike results beat

Stock futures rose Friday morning to add to gains from a record-setting session, with traders hoping that a bipartisan infrastructure deal would help further stoke economic activity. Contracts on the S&P 500 and Nasdaq gained after both indexes set record intraday and closing highs during the regular trading day on Thursday. Dow component Nike (NKE) jumped 12.5% in early trading after posting quarterly sales growth that rebounding across all major regions. Meanwhile, FedEx (FDX) shares sank… Source link

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