Stock futures opened higher Tuesday evening after sliding for a second straight session during the regular trading day, with jitters over Russia’s war in Ukraine and its implications for the global economy weighing on risk assets. Contracts on the S&P 500 recovered some earlier losses. Earlier, the blue-chip index slid 1.6%, extending Monday’s losses to kick off March trading on shaky footing. The Dow and Nasdaq each also fell sharply earlier, with risk assets reeling as investors… Source link
Read More »Here’s What Investors Say as Crisis in Ukraine Intensifies
(Bloomberg) — As the conflict in Ukraine deepens and the fallout from increasingly tough sanctions on Russia reverberate through global markets, investors are rushing to keep up. Most Read from Bloomberg Safe havens like bonds, gold and the U.S. dollar rallied on Monday, while classic risk-sentiment proxies like the Australia dollar tumbled. Emerging market currencies also came under pressure, with the South African rand and the Turkish lira sinking. U.S. and European equity futures tanked…. Source link
Read More »Stock futures dip as investors monitor Russia’s attacks in Ukraine
Stock futures headed for a lower open Friday morning as traders eyed the latest developments in Russia’s invasion of Ukraine and the world’s response. Contracts on the S&P 500 declined. The index rose by 1.5% during Thursday’s session, rallying to shake off losses of as much as 2.6% at session lows. The Dow eked out gains after shedding more than 800 points at its worst levels of the day. And the Nasdaq Composite rose 3.3% in its best session since Jan. 31. Stocks steadied even against the… Source link
Read More »Stocks edge lower as investors monitor Russia-Ukraine conflict
U.S. stocks opened lower Tuesday morning to start the holiday-shortened week in the red as investors continued to monitor tensions between Russia and Ukraine and await the Kremlin’s next move. The Dow Jones Industrial Average fell 252 points, or 0.74%, to 33,826.86, while the S&P 500 dipped 0.66% to 4,320.30. The Nasdaq Composite shed 0.92%, or 130 points, to 13,420.79. Wall Street was closed for trading on Monday in observance of Presidents Day, but investors will return from the long… Source link
Read More »The bullish case for the S&P 500 investors are ignoring: DataTrek
With the threat of anticipated rate hikes by the Federal Reserve still looming over markets, plenty of uncertainty remains as investors are tentative as to whether the recent partial recovery from the larger January downturn may be an instance of a “dead cat bounce.” According to DataTrek Research, there are several key reasons for a bullish case for large-cap equities that investors may be ignoring. “As much as Fed policy remains an overhang on US large cap stocks, there is a valid… Source link
Read More »Crypto investors should ‘buckle up’ for more volatility: Harvard Lecturer
Bitcoin (BTC-USD) in recent days leapt past the symbolic round number of $40,000 and the 50-day moving average of $42,800, as traders hoped for a sustained rebound of the cryptocurrency after a significant sell-off. But the asset is hardly out of the woods, says Vikram Mansharanmani, a lecturer at Harvard University and author of “Think for Yourself: Restoring Common Sense in an Age of Experts and Artificial Intelligence.” Mansharanmani, who recently spoke to Yahoo Finance’s Akiko Fujita for a… Source link
Read More »Retail investors bought the dip in January as institutions fled: BofA
U.S. stocks recorded their worst January since the financial crisis and retail investors saw the downturn as an opportunity to buy the dip. Mom- and pop- investors led purchases of U.S. equities during the month, while institutional investors such as hedge funds sold off assets, according to fresh data from Bank of America. BofA’s retail clients were the biggest dip-buyers last month, posting inflows into stocks in each of the last four weeks. January inflows are typically led by retail… Source link
Read More »Google parent Alphabet to report Q4 earnings Tuesday, as investors look for cloud growth
Google parent Alphabet (GOOG, GOOGL) will report its Q4 earnings after the closing bell on Tuesday. The search giant will likely face fewer headwinds in the online advertising space than social media platforms like Facebook (FB) and Snapchat (SNAP), which have been slammed by changes to Apple’s (AAPL) iOS privacy settings. Here’s what Wall Street is expecting of the company in the quarter, as compiled by Bloomberg, compared to its performance in the same quarter last year. Revenue ex-TAC… Source link
Read More »Tesla is disappointing investors because it doesn’t have a $25,000 car: analyst
Tesla could be leaving a lot of money on the table over the next decade if it can’t get a $25,000 electric vehicle to market. “Expanding into lower price volume segments will be critical to support the company’s growth outlook as we move into the middle part of the decade,” said Guggenheim analyst Ali Faghri in a research note Thursday. On Wednesday, Tesla CEO Elon Musk shot down the potential for a $25,000 car this year as it focuses resources on the rollout of full-self driving… Source link
Read More »Tom Brady’s NFT agency raises $170 million from crypto investors
Did you know that Tampa Bay Buccaneers quarterback Tom Brady co-founded an NFT agency? Well he did! It’s called Autograph, and you won’t be surprised to find out that it’s doing pretty well. The company told TechCrunch on Wednesday that it had just completed its Series B funding round and had raised $170 million from venture capital firms Andreessen Horowitz and Kleiner Perkins, among several others. Both firms have been investing in cryptocurrency related projects and Autograph is the… Source link
Read More »