Tag Archives: Roars

(Bloomberg) — The stock market extended this week’s gains as big tech rallied and a solid jobs report bolstered the outlook for corporate profits. Most Read from Bloomberg Equities hit all-time highs, with the S&P 500 approaching 5,000 and the Nasdaq 100 up 1.7% on bullish outlooks from Meta Platforms Inc. and Amazon.com Inc. Economic optimism outweighed bets the Federal Reserve will be in no rush to cut rates. Treasury two-year yields jumped 16 basis points to 4.36%. The dollar climbed to… Source link

Splurging on a night out at a restaurant is coming back in fashion for some, according to a new survey from Evercore ISI. The survey found a COVID-era record 74% of people say they are comfortable eating at a restaurant, above the prior high of 70% last summer. “We believe much of this increase is due to the recent 94% reduction in COVID cases in the U.S. Importantly, COVID fatigue also seems to be impacting comfort levels — comfort is higher than at any point in time since the start of the… Source link

TipRanks 2 Big Dividend Stocks Yielding at Least 8%; Analysts Say ‘Buy’ Dividend stocks are always popular. They offer investors a clear path to returns, with regular cash payments and a yield – a return on the original investment – that usually far exceeds bond yields. But not all dividend stocks are created equal, and some offer better opportunities than others. Dividend yield is a key metric. Among S&P listed companies the average yield is only 2%. However, the highest yields… Source link

Wall Street opened on a mixed note Monday, with the broader market adding to recent gains but technology shares under renewed pressure, as investors balanced extending a rally against a backdrop of steadily rising Treasury yields. On Friday, major benchmarks ended a mixed session with the Dow Jones Industrial Average jumping by nearly 300 points and the S&P 500 Index also inching to a new high, bolstered by the signing of a new $1.9 trillion stimulus bill that’s poised to spur consumer… Source link

TipRanks 2 “Strong Buy” Penny Stocks That Could Rally Over 100% Bank of America has a strong reputation for keeping finger on the pulse of the financial world – and one of its key tools is the Global Fund Manager Survey, conducted monthly and seeking opinions from more than 200 hedge fund, mutual fund, and pension fund managers who hold a combined $645 billion in AUM. It’s the largest regularly conducted survey of its kind. And BofA most recent findings show that Big Money is feeling… Source link