Tag Archives: higher

TipRanks 2 Big Dividend Stocks Yielding 7%; Analysts Say ‘Buy’ Let’s talk about defending your portfolio. It’s a common impulse for most investors, when the economy starts to turn sour. We’re in a growth phase now, with economic activity rebounding strongly from the corona-crisis shutdowns, and with reopening getting into full stride, economists are predicting up to 8% GDP expansion this year. But there are clouds on the horizon. Inflation is rising, and the April jobs report was,… Source link

Stock futures edged up Wednesday morning on the heels of a mixed session a day earlier, with the three major indexes struggling for direction at the start of June. Contracts on each of the three major indexes traded slightly above the flat line heading into the regular trading day. Brent and crude oil prices extended gains after hitting their highest levels since 2018 on Tuesday after OPEC+ suggested demand would rebound during the recovery and opted for gradual supply increases. Treasury… Source link

Stock futures traded slightly higher Monday evening after falling during the regular session, with technology stocks underperforming and dragging the Nasdaq lower as inflation concerns persisted.  Contracts on the S&P 500 opened a tick above the flat line, after the index posted its first decline in three days during Monday’s regular trading day. Dow and Nasdaq futures also opened in the green.  Technology stocks renewed a run of underperformance after a brief rebound late last week, with… Source link

Federal Reserve officials are reiterating that single data points will not sway the central bank’s patience on its easy money policies. Inflation data on Wednesday morning showed consumer prices increasing at the fastest rates in over 10 years. But Fed Vice Chairman Richard Clarida said later in the morning that he was “surprised” by the reading but unmoved from a policy perspective. “This is one data point, as was the labor market report,” Clarida said, referencing the Source link

President Joe Biden hasn’t hidden his desire to raise taxes on corporations and the wealthy to fund a $2.3 trillion infrastructure package and new social safety net programs.  The administration has consistently floated lifting the corporate tax rate to 28% from its current rate, a Trump-era low of 21%. More recently, Biden said he is targeting an increase in the capital gains tax on the wealthiest Americans to 43.4%, including a surtax. The existing capital gains tax stands at a top rate of… Source link

TipRanks Ride the Crypto Boom with These 3 Stocks Some 15% of the American public owns some form of cryptocurrency – and a large part of that group jumped on the bandwagon in the last two years. The digital currencies – Bitcoin is the most famous, but there are scores of others – offer users a distinct set of advantages, based on their blockchain technology. First, the crypto coins are secure – as a digital technology, blockchain is notoriously difficult to break. Second, the coins… Source link

TipRanks JPMorgan: 2 Stocks for Stellar Long-Term Gains According to JPMorgan CEO Jamie Dimon, the US is on the cusp of an economic boom which should fuel growth at least until 2023. Dimon attributes the prospect of strong growth to several reasons. “I have little doubt that with excess savings, new stimulus savings, huge deficit spending, more QE, a new potential infrastructure bill, a successful vaccine and euphoria around the end of the pandemic, the U.S. economy will likely boom,”… Source link

TipRanks The Dip in These 3 Stocks Is a ‘Buying Opportunity,’ Say Analysts The investing game is rarely plain sailing. While no doubt investors would like the choices that make up their portfolio to always go up, the reality is more complicated. There are periods when even shares of the world’s most successful companies have been on a downward trajectory for one reason or another. While it’s no fun watching a stock you own drift to the bottom, any savvy investor knows that if the… Source link

Business Report Publisher Rolfe McCollister used to joke that if Google ever started giving diplomas, colleges were in trouble. But now with Google parent company Alphabet’s latest announcements, it’s really happening.  A March 11 report from Inc. features an interview with Alphabet and Google CEO Sundar Pichai, who details Google’s plans to launch a series of certificate programs aimed at helping people bridge skills gaps and get jobs in high-growth fields without a college… Source link

TipRanks Goldman Sachs Says These 3 Stocks Are Ready to Rip Higher Current market conditions are pushing investors into stocks – and the result is record-high valuations. The S&P 500 has hit a new all-time high, and the NASDAQ, which peaked in February, remains within 3% of its record level and is headed back up. While this is obviously good for investors’ portfolios, there is some concern that we may be looking at a stock bubble. Weighing in from Goldman Sachs, however, strategist Petter… Source link