Tag Archives: Stock

Stock Market Coverage – Monday October 3 Yahoo Finance – Yahoo Finance Source link

Just two weeks ago, House Speaker Nancy Pelosi renewed hopes that Congress might stop lawmakers from trading stocks on the grounds that they have access to non-public information. “We believe we have a product that we can bring to the floor this month,” Pelosi said on Sept. 14. But Congress is taking a breather until Nov. 14, after missing yet another deadline to ban or curb stock trading by senators and U.S. representatives. Lawmakers promise to take up the issue again when they re-convene,… Source link

U.S. stocks cascaded Thursday as recession jitters returned to Wall Street, paring gains from a fleeting relief bounce spurred by the Bank of England’s bond-buying move. The S&P 500 plummeted 2.3%, while the Dow Jones Industrial Average erased more than 500 points, or around 1.7%. The Nasdaq Composite sank over 3%. Technology stocks led the slide lower as heavily-weighted Apple (AAPL) shares erased roughly 4.8% on concerns around waning demand that prompted a downgrade from Bank of America…. Source link

Verition Fund Management LLC lifted its stake in Yandex (NASDAQ:YNDX – Get Rating) by 16.2% in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 11,893 shares of the information services provider’s stock after purchasing an additional 1,657 shares during the quarter. Verition Fund Management LLC’s holdings in Yandex were worth $225,000 as of its most recent filing with the Securities and… Source link

Stock Market Coverage – Tuesday September 27 Yahoo Finance – Yahoo Finance Source link

Billionaire Carl Icahn warns ‘you can’t cure’ hot inflation — but when an audience member asked him for stock picks, he gave these 2 ‘cheap and viable’ names Easy monetary policy might seem fun at the beginning, but it has consequences. While asset prices shot up in 2020 and 2021, they pulled back substantially in 2022. Meanwhile, inflation remains near 40-year highs and the Fed has to raise interest rates aggressively to bring price levels under control. “We printed up too much money, and… Source link

U.S. stock futures sank Monday morning, with equities poised for more turbulence at open as fears of excessive Fed tightening and a wild run in currency markets rattle investors. Futures tied to the S&P 500 tumbled 0.6%, while Dow Jones Industrial futures shed 200 points, or 0.7%. Contracts on the tech-heavy Nasdaq were off by 0.4%. Meanwhile, the CBOE Volatility Index (^VIX), which measures Wall Street’s expectations for short-term market volatility, spiked above 32, its highest level… Source link

Stock Market Coverage – Thursday September 22 Yahoo Finance – Yahoo Finance Source link

U.S. stock futures moved lower Tuesday as investors prepared for Federal Reserve officials to deliver another jumbo rate hike in their fight against persistent inflation. Futures on the benchmark S&P 500 slid 0.4%, while futures tied to the Dow Jones Industrial Average tumbled 100 points, or 0.3%. Contracts on the technology-heavy Nasdaq Composite erased about 0.5%. The policy-setting Federal Open Market Committee kicks off its September meeting today and is expected to deal a third-straight… Source link

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 Tuesday, September 20, 2022 Today’s newsletter is by Sam Ro, the author of TKer.co. Follow him on Twitter at @SamRo. One of the Federal Reserve’s most telling statements about markets came from Chair Jerome Powell on June 15 when the central bank announced its biggest rate hike since 1994: “Over the course of this year, financial markets have… Source link