Tag Archives: market

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, August 18, 2022 Today’s newsletter is by Jared Blikre, a reporter focused on the markets on Yahoo Finance. Follow him on Twitter @SPYJared. After a nearly 25% rally off the June lows, the Nasdaq Composite (^IXIC) took a step back Wednesday with its worst day in nearly three weeks. And while it’s too soon to throw in the towel on this… Source link

LIVE: Stock Market Coverage – Wednesday August 17 Yahoo Finance – Yahoo Finance Source link

As demand for oil weakens, gas prices are declining, with the national average falling below $4 per gallon earlier this month for the first time since March. But the pullback may be short-lived, one expert cautioned, and prices could rise again before the end of the year. “We’re in a long-term structural bull market in oil,” Schork Group principal Stephen Schork told Yahoo Finance Live (video above). “By the end of the year, I would suspect that these prices will be back in that $100… Source link

U.S. stock futures dipped in a downbeat start to the trading week after equity markets rallied towards their longest winning streak in 10 months on Friday. Futures tied to the S&P 500 fell 0.6% after the benchmark index marked its fourth straight week of gains in the previous trading session, officially recouping half of its bear market losses this year. The Dow Jones Industrial Average shed 150 points, or roughly 0.5%, and the Nasdaq Composite was off by 0.4%. Data out of China on Monday… Source link

Vaxxinity (VAXX) CEO Mei Mei Hu sees opportunity in low and middle income markets, underserved by the largest COVID-19 vaccine players to-date, for the pandemic and moving forward. “COVID taught us to look at black swans as a macro event. I think everyone has to be open to LMICs … as there’s a market to still be had — and it’s large,” Hu told Yahoo Finance in a recent interview. The Dallas–based company (a merger of formerly COVAXX and United Neuroscience in 2021), went public amid a… Source link

Lowe’s stock is getting nailed with a downgrade by analysts at Citi on fears that a rapid cooling in the housing market will hammer demand at the home improvement retailer. Citi analyst Steven Zaccone slashed his rating on Lowe’s to neutral from buy on Thursday. “We see risk of a 2Q miss on same-store sales and EPS vs. Street with the potential to cut FY22 guidance given the weak first half results,” Zaccone wrote in a new note to clients. “We believe the buy-side is bracing for a miss and… Source link

LIVE: Stock Market Coverage – Wednesday August 10 Yahoo Finance – Yahoo Finance Source link

The latest research on “Mobile App Distribution Report 2022” offered by MRA provides a comprehensive investigation into the geographical landscape, industry size along with the revenue estimation of the business. Additionally, the report also highlights the challenges impeding market growth and expansion strategies employed by leading companies in the “Market”. Mobile App Distribution market competition by TOP Players are: Apple, Google, Huawei, Samsung, XiaoMi, Tencent,… Source link

The July jobs report was so out-of-the-blue hot on Friday — coming in at more than double expectations — that it may spur the Federal Reserve to be way more aggressive on interest rate hikes than market goers thought just one day earlier. If so, would that set the table for a potential swift downdraft in stocks? “I think it does at the S&P level for the index,” Wall Street’s biggest bear strategist Mike Wilson of Morgan Stanley told Yahoo Finance (video above) when asked if on if the jobs… Source link

The U.S. economy added 528,000 jobs in July, more than double the number economists had expected. This staggering increase in employment completes a milestone for the U.S. economy: Pre-pandemic employment is now fully restored. In February 2020, the last month before the COVID-19 pandemic tipped the U.S. economy into recession, there were 152.504 million people employed in the U.S. As of July 2022, 152.536 million people in the U.S. were working. And despite the labor market contraction during… Source link