Tag Archives: Stock

Stock futures edged up Tuesday evening as investors looked ahead to the Federal Reserve’s final monetary policy decision of 2021 and weighed the central bank’s potential response to persistent inflationary pressures.  Contracts on the S&P 500 ticked higher. The blue-chip index closed out Tuesday’s session in the red for a second straight session, with technology stocks leading the way lower. The Nasdaq ended the session down by more than 1%.   All eyes on Wednesday will be on the Federal… Source link

Stock futures were up on Monday following declines during the earlier trading session for all three major U.S. indexes as investors set their sights on a prolific week in Washington that includes the Federal Reserve’s final policy-setting meeting of 2021 and the release of new prints on retail sales, housing starts and other economic data. Contracts on the S&P 500 edged higher, turning positive after the blue-chip index retreated from a rally last week that helped the index post its sharpest… 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 Monday, December 13, 2021 And the verdict is: Interest rate hikes from the Federal Reserve in 2022 are OK, says Mr. Market.  Dare I say this week’s Fed decision on Wednesday may be a non-event for the markets? (Our Fed correspondent Brian Cheung shudders at this mere suggestion.) How else should one assess the landscape going into the meeting —… Source link

Tesla CEO Elon Musk, an avid Twitter user, posed a question for his 62 million followers in early November: Should he sell 10% of his stock in the electric carmaker? The CEO, who’s also chief executive of SpaceX, proceeded to unload over $9 billion in Tesla stock that month and sold an additional $963 million in Tesla shares this week. The stock has fallen about 18% since Nov. 4, the week before Musk began his relentless sell-off. While it might be unusual to poll Twitter followers about stock… Source link

Someone with a famous last name and a whole lot of pull inside of Ford (F) is sending a message to the market: The bull run in the automaker’s stock may just be beginning.  Rather under the radar this week, Bill Ford — great-grandson of Ford founder Henry Ford and its current executive chairman — opted to exercise nearly 2 million in stock options awarded to him as part of his executive pay package. Total cost: $20.5 million. A large portion of the options were reportedly set to expire… Source link

Shark Tank host and real estate guru Barbara Corcoran is putting her money where her mouth is and scooping up shares of real estate marketplace giant Zillow (Z). Since being asked in a November Yahoo Finance interview if Zillow shares bottomed after falling 21% on news the company was ending its home buying operation, Corcoran says she was confident enough to jump on the stock.      “I did invest in Zillow, remember you asked me last time?” she said Thursday on Yahoo Finance Live. “I did,… Source link

Stock futures opened higher Thursday evening as investors awaited a key inflation report ahead of the Federal Reserve’s final policy-setting meeting of the year next week.  Contracts on the S&P 500 gained. Earlier, the blue-chip index closed out the regular session in the red after three consecutive days of gains, with concerns over Omicron beginning to ease as new developments suggested the variant may not cause as severe of infections as previously feared. The Nasdaq dropped 1.7% during… Source link

Apple (AAPL) appears well on its way to being the first company to hit a $3 trillion market cap. As of the opening bell on Thursday, the company’s stock was sitting at $174.91 per share, and it only needs to hit $182.85 before crossing the historic point. So what’s behind the run on Apple’s stock? The continued success of the company’s iPhone lineup, not to mention its accessories like the Apple Watch and AirPods are, of course, a large part of the story. But the build-up in… Source link

Stock futures opened higher Tuesday evening after a technology-led rally during the regular trading day, as investors looked through concerns over the Omicron variant and a potential policy pivot by the Federal Reserve.  Contracts on the Nasdaq Composite opened in the green. Earlier, the index closed higher by more than 3%, posting its best day since March. The S&P 500 and Dow also advanced solidly, rising more than 2% and 1.4% during the session, respectively. Treasury yields climbed, and… Source link

Stock futures opened higher on Monday after a rally earlier in the session, with volatility stemming from concerns about the Omicron variant at least momentarily abating.  Contracts on the Dow extended gains. Earlier, the index ended higher by nearly 650 points, or 1.9%, as cyclical names that had underperformed in recent session rebounded strongly. The jump marked the Dow’s best day since March.  More upbeat commentary suggesting the Omicron variant may not produce as severe of infections… Source link