Tag Archives: Investors

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 Thursday, April 28, 2022 SPACs are getting spanked this year, as risk-off sentiment spares virtually no asset class. All told, sponsors have abandoned plans for at least 56 new SPACs in 2022 (seven last week alone). Meanwhile, regulators are gearing up to tighten rules for these IPO alternatives beleaguered by poor performance and outright fraud… Source link

U.S. stocks fell sharply on Friday as investors weighed a bevy of corporate earnings and braced for more aggressive interest rate hikes from the Federal Reserve in coming months. The S&P 500 tumbled 1.9%, while the Dow Jones Industrial Average plunged 580 points, placing both major indexes at a five-week low. The tech-heavy Nasdaq Composite declined 1.9%. Meanwhile, the 10-year U.S. Treasury yield remained at 2.9%, the highest level since December 2018. The losses follow remarks from Fed Chair… Source link

Yandex (NASDAQ:YNDX – Get Rating) was the target of unusually large options trading activity on Wednesday. Stock investors bought 1,814 put options on the company. This represents an increase of 1,437% compared to the typical daily volume of 118 put options. A number of brokerages have commented on YNDX. Citigroup dropped their target price on shares of Yandex from $75.00 to $70.00 in a research note on Thursday, February 17th. StockNews.com cut shares of Yandex… Source link

U.S. stocks were little changed Tuesday as investors processed a deluge of earnings reports and a revised forecast from the International Monetary Fund (IMF) indicating the global economy is set to “slow significantly” amid Russia’s invasion of Ukraine. The S&P 500 and Nasdaq each opened near the flatline after both indexes settled at one-month lows at the end of Monday’s session. The Dow Jones Industrial Average also hovered around breakeven. Meanwhile, Treasury yields continued their climb,… Source link

(Bloomberg) — A growing list of risks is turning China into a potential quagmire for global investors. Most Read from Bloomberg The central question is what could happen in a country willing to go to great lengths to achieve its leader’s goals. President Xi Jinping’s friendship with Russian leader Vladimir Putin has made investors more distrustful of China, while a strongman narrative is gaining momentum as the Communist Party doggedly pursues a Covid-Zero strategy and unpredictable… Source link

U.S. stocks resumed losses on Thursday after a rally in the previous session on hopes for an earnings season boost to markets. Investors are digesting a flurry of mixed quarterly reports from Wells Fargo (WFC), Goldman Sachs (GS), Morgan Stanley (MS), and Citigroup (C). The S&P 500 fell 0.9%, heading towards another week of losses. The Dow Jones Industrial Average retreated from a slight advance earlier in the session to hover below the flatline. The Nasdaq Composite tumbled 1.7%, reversing… 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 Thursday, April 14, 2022 Today’s newsletter is by Jared Blikre, a reporter focused on the markets on Yahoo Finance. Follow him @SPYJared First quarter earnings are trickling in with mixed results. JPMorgan Chase expressed a more cautious outlook on borrowers Wednesday and finished the day down 3.2% to its lowest level since January 2021, while… Source link

U.S. stock futures jumped in pre-market trading Tuesday as investors assessed fresh inflation data out of Washington that showed prices in March further accelerated to a new 40-year high. Contracts on the S&P 500 popped 0.7%, and the Dow jumped nearly 130 points ahead of the open. Futures tied to the Nasdaq Composite surged 1.3%. Meanwhile, Treasury yields slightly retreated, but the benchmark 10-year yield remained above 2.7%, the highest level since January 2019. The moves follow a down day… Source link

Russian search engine Yandex has many US investors, and is being used by Vladimir Putin to spread propaganda on a global scale. (Photo by Kirill Kudryavtsev/AFP via Getty Images) Yandex, Russia’s equivalent of Google, is being used by more than half a dozen Russian-language news sites to post ads in articles that spread false claims about the Ukraine war, according to a recent report by the… 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 Thursday, March 31, 2022 The Bank of Japan (BOJ) was in a bind on Monday. Its currency, the yen, was crashing while yields on their government bonds were surging. The solution — four days of unbridled bond buying by the BOJ to stem the hemorrhaging and contain interest rates. While the gambit worked (for now), Wall Street is waking up to this… Source link