TipRanks 2 ‘Strong Buy’ Stocks With 7% Dividend Yield You can get whiplash, trying to follow the market fluctuations these days. Volatility rules for now, as investors are pulling out of Big Tech – a move that is pushing the general markets down. The bearish sentiment comes as new COVID case numbers are falling, along with the weekly unemployment claims. Both are positive news bites for the economy, and will help to justify increased economic opening. At the same time, a Congressional… Source link
Read More »Stocks mixed, but look to post weekly gains after record-setting week
Stocks were mixed Friday, with equities hovering near record levels. Both the S&P 500 and Nasdaq ended Thursday’s regular trading day at fresh record closing highs as tech stocks outperformed. The Dow ended just a tick below its own recent record closing level. Earlier, U.S. stocks tracked declines in overseas equities, after new data showed that UK gross domestic product (GDP) slumped by a record 9.9% in 2020 as a virus-induced recession swept the country. Shares of Dow component Disney ( Source link
Read More »Stock futures mixed as tech shares advance
TipRanks 3 Top Dividend Stocks With Growth Opportunity; Goldman Sachs Says ‘Buy’ Investing is all about finding profits, and investors have long seen two main paths toward that goal. Growth stocks, equities that will give a return based mainly on share price appreciation, are one route. The second route lies through dividend stocks. These are stocks that pay out a percentage of profits back to shareholders – a dividend, usually sent out quarterly. The payments vary widely, from less than… Source link
Read More »Fed sends mixed messages on its plans for asset purchases
The Federal Reserve has committed to beefing up its asset purchases until “substantial further progress” is made on the economic rebound. But Fed officials this week are sending mixed messages on whether or not the next move will be ramping up or winding down its quantitative easing program. Chicago Fed President Charles Evans said Monday that the central bank will likely maintain its $120-billion-a-month pace of buying mortgage-backed securities and U.S. Treasuries “for a while.” But… Source link
Read More »Stocks mixed, Nasdaq reaches record high after Congress approves virus relief package
Stocks were mixed Tuesday as investors weighed ongoing virus concerns against lawmakers’ approval of a long-awaited virus relief package, offering funds to help support many of the individuals and businesses hardest-hit by the coronavirus pandemic. The Dow fell more than 200 points, or 0.7%, and the S&P 500 also ticked lower. The Nasdaq rose 0.5% to a record closing high. A day earlier, the Dow had shed more than 400 points, or 1.4%, before recovering losses to end slightly higher during a… Source link
Read More »Stock futures point to a mixed open
TipRanks Billionaire Jim Simons Places Bet on 3 High-Yield Dividend Stocks A rising tide lifts all boats, as President John Kennedy said, and we’re seeing it now on Wall Street, as both the S&P 500 and the NASDAQ are near record high levels. The gains are broad-based and real, and reflect a growing optimism now that the election is behind us and a COVID-19 vaccine is in sight.So let’s look back, all the way to 1973, when economist Burton Malkiel told us that “a blindfolded monkey… Source link
Read More »European stocks mixed; Paris hit by glitch
Major European stock markets were mixed Monday as a technical hiccup hit Paris and investors weighed the chances of a US stimulus package, dealers said. Following three hours of technical problems, Euronext said that it had annulled all trades after 5:30 pm (1530 GMT), meaning the Paris benchmark CAC 40 index closed 0.14 percent higher, rather than 0.1 percent lower as originally calculated. “Because of these issues, Euronext has decided to cancel all the trades that occurred after 5.30… Source link
Read More »Dollar Declines, Gold Hits Record; Stocks Mixed: Markets Wrap
(Bloomberg) — The dollar extended its recent slide and gold rose to a record high as investors mulled simmering Sino-American tensions, the upcoming Federal Reserve meeting and signs the virus spread in the U.S. may be slowing. Global stocks were mixed. The Bloomberg Dollar Spot Index fell as much as 0.8% to its lowest in about a year and a half. Shares fluctuated in Japan, Hong Kong and Australia, while U.S. and European futures climbed after last week’s declines. A 10% surge in Taiwan… Source link
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