Tag Archives: Stock

Stock futures extend gains as virus fears ease

Stock futures opened higher on Monday to hold onto gains after a recovery rally, with investors at least temporarily shaking off concerns over a new coronavirus variant and looking ahead to new market catalysts.  Contracts on the S&P 500, Dow and Nasdaq rose. Each of the three major indexes had ended the regular trading day solidly in the green, with technology stocks leading the way higher and helping pull the Nasdaq up by nearly 2%.  Investors were heartened by remarks from the White… Source link

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Satya Nadella sells half his Microsoft stock, weeks before state implements capital gains tax

Microsoft CEO Satya Nadella at the company’s shareholders meeting in 2015. (GeekWire File Photo.) Microsoft CEO Satya Nadella sold half of his stake in the company in a series of transactions last week, divesting about 840,000 shares for a sum of more than $285 million, according to a regulatory filing. Nadella sold the shares “for personal financial planning and diversification reasons,” the Redmond-based company said in a statement Monday afternoon. “He is committed to the continued… Source link

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Omicron stock market rout doesn’t mean stocks are a screaming buy: strategist

Don’t back up the truck just yet on stocks even in the wake of Friday’s brutal Omicron variant fueled sell-off, warns one long-time strategist. “I just don’t think we hit the level on the S&P 500 where I am willing to say this is a screaming buying opportunity right now,” said iCapital Network chief investment strategist Anastasia Amoroso on Yahoo Finance Live. “We don’t see that from the oversold technical levels and also we have another potentially negative catalyst here which is the… Source link

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Omicron variant may mean stock market rally is on hold: Goldman Sachs

The bull market of 2021 may be on temporary hold as investors assess the economic risk from the new Omicron variant of COVID-19, warns Goldman Sachs. “We think a broad risk recovery may be impeded in the near term by the need to digest the prospect of a more hawkish Fed and a less consistent cyclical tailwind. Ironically, the Omicron scare itself may now create the best possibilities for relief in the coming weeks, either because incoming news is better than feared or because it prompts… Source link

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Should You Accumulate Yandex NV (YNDX) Stock Monday Morning?

Yandex NV (YNDX) is higher by Monday morning, with the stock rising 3.11% in pre-market trading to 72.63. YNDX’s short-term technical score of 58 indicates that the stock has traded more bullishly over the last month than 58% of stocks on the market. In the Internet Content & Information industry, which ranks 135 out of 146 industries, Yandex NV ranks higher than 84% of stocks. Yandex NV has fallen 14.97% over the past month, closing at… Source link

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The Omicron variant and the stock market: Morning Brief

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 Monday, November 29, 2021 I am not a doctor. I will venture to say that most of you reading this aren’t doctors, either.  So all we could collectively do after Friday’s market beatdown is assess incoming information on the Omicron variant to the best of our ability and go from there.  Here’s the current state of play in this fast-changing… Source link

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Famed investor Jeremy Grantham says the next decline will be ‘bigger and better’ than anything in US history — here are 3 of his safe haven stock picks

Famed investor Jeremy Grantham says the next decline will be ‘bigger and better’ than anything in US history — here are 3 of his safe haven stock picks Jeremy Grantham, legendary investor and pioneer of index fund investing, expects today’s sky-scraping stock market to come crashing back to earth. Grantham recently told Bloomberg that investors, who enthusiastically drove the stock market to new heights during a global recession, are in for a shock. “When the decline comes, it will… Source link

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Stock futures edge lower ahead of inflation data

Stock futures dipped Tuesday evening, holding lower following an extended rout in technology stocks. Investors also anxiously awaited a packed slate of economic data results out Wednesday before a holiday market closure.  Rising interest rates coincided with a selloff in tech and growth stocks for a second day this week, with the Nasdaq dropping another 0.5% after Monday’s more than 1% decline. The Dow held up strongly and added nearly 200 points, with energy and financials stocks… Source link

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Stock futures open slightly higher as tech-led drop

Stock futures opened slightly higher Monday evening after a mixed session, as investors further mulled the market implications of Federal Reserve Jerome Powell’s renomination to lead the central bank. Contracts on the S&P 500 rose. Earlier, the blue-chip index set an all-time intraday high before pulling back to end in the red, with a drop in technology stocks dragging on the index. The Nasdaq underperformed with a drop of more than 1%, while the Dow ended narrowly in the green. Shares of… Source link

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Why Yandex Stock Crashed 10% Today

What happened Russian tech stock star Yandex (NASDAQ:YNDX) fell 10.2% through 3:15 p.m. ET on Monday — and you can probably blame Russian President Vladimir Putin for that. As the English-language The Moscow Times said this morning, currently both the Russian ruble and Russian stocks are “in the red as talk of military confrontation spooks investors.”  Image source: Getty Images. So what For weeks, diplomats have been warning that the Russian… Source link

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