Tag Archives: Stock

Will there be a stock market crash in 2022? Most of Wall Street doesn’t think so, but short sellers are certainly betting on it. Short interest in the S&P 500 grew by 11 basis points from 2.09% to 2.2% between the end of last year and mid-March, the latest data from S&P Global Market Intelligence reflected. Bets against stocks across every sector in the benchmark except for financials grew by meaningful amounts during the period as the index corrected from all-time highs earlier in the year.

U.S. equity futures were flat headed into overnight trading Wednesday after stocks capped this week’s rally to close lower amid a backdrop of faded optimism around Russia-Ukraine ceasefire negotiations and mixed economic data. The S&P 500, Dow Jones Industrial Average and Nasdaq Composite were near breakeven at the start of extended trading after the S&P 500 and Dow each snapped a four-day winning streak in the main session. The Nasdaq slid 1.2% after closing at its highest levels since… Source link

U.S. stock futures drifted slightly lower Tuesday evening after a regular session rally, as investors cheered upbeat developments on discussions between Russia and Ukraine. Contracts on the S&P 500 traded flat to slightly lower. The blue-chip index rose for a fourth consecutive day and closed at its highest level since January earlier Tuesday, unwinding some losses for the year-to-date. Technology stocks led the way higher and helped pull the Nasdaq Composite up by nearly 2%. The CBOE… Source link

BOSTON, March 29, 2022–(BUSINESS WIRE)–Starry, Inc. (the “Company” or “Starry”)​, a next generation licensed fixed wireless technology developer and internet service provider, today became a publicly listed company trading on the New York Stock Exchange (“NYSE”) with its Class A common stock under the new ticker symbol “STRY.” Starry completed the previously announced transaction with FirstMark Horizon Acquisition Corp. on March 29, 2022. Starry’s executive management team and… Source link

Associated Press UN nuclear watchdog chief in Ukraine to talk safety support The U.N. nuclear watchdog’s director-general arrived in Ukraine on Tuesday for talks with senior government officials on delivering “urgent technical assistance” to ensure the safety of the country’s nuclear facilities, the agency said. The International Atomic Energy Agency said Rafael Mariano Grossi’s aim is to “to initiate prompt safety and security support” for Ukraine’s nuclear sites. It said that… Source link

Futures on Wall Street’s main benchmarks were little changed ahead of overnight trading Monday following a choppy session that saw stocks climb in the final hour to cap the day at six-week highs. Contracts on the S&P 500, Dow Jones Industrial Average, and Nasdaq Composite were muted post-market after advancing into a third week, buoyed by a comeback in technology stocks. Big names in the sector — Tesla, Amazon, and Apple — each rallied during intraday trading Monday following a rough… Source link

AMC’s (AMC) stock gained 45% on Monday. Shares closed at $29.33 each, above their highest closing level of the year in early January. The cinema chain’s CEO Adam Aron told Reuters investors should expect to see more “transformational” deals in the future. “I’d like to think there will be more third-party external M&A announcements going forward where AMC can reach for the stars and intriguing investments that have potentially attractive returns,” Aron said. Earlier this month AMC announced it… Source link

U.S. equity futures were near breakeven in premarket trading Monday as investors prepare for a busy week rife with key economic data that could position the Federal Reserve to act more aggressively on plans to raise interest rates. Futures tied to the Dow Jones Industrial Average, Nasdaq Composite, and S&P 500 were mostly flat ahead of the open after all three major benchmarks registered their second straight week of gains on Friday to close at one-month highs. Meanwhile, bond yields… Source link

Terran Orbital to Ring Opening Bell at the New York Stock Exchange Today, March 28, 2022, at 9:30 a.m. in Celebration of the New Listing BOCA RATON, Fla., March 28, 2022 /PRNewswire/ — Terran Orbital Corporation (NYSE: LLAP) (“Terran Orbital” or the “Company”), a leading small satellite manufacturer primarily serving the United States aerospace and defense industry, announced that its common stock and warrants will begin trading on the New York Stock Exchange today, March 28, 2022, under the… Source link

A version of this post was originally published on TKer.co. Peter Lynch, the legendary stock picker who ran Fidelity’s market-beating Magellan Fund for 13 years, made a prescient observation in a speech he gave to the National Press Club back in October 7, 1994. It comes from the 38-minute mark of this video (via @DividendGrowth): Some event will come out of left field, and the market will go down, or the market will go up. Volatility will occur. Markets will continue to have these ups and… Source link