Tag Archives: Stock

Stock futures opened little changed Wednesday evening after another choppy session in the markets, with another batch of bank earnings and labor market and inflation data due for release on Thursday.  Contracts on the S&P 500 hugged the flat line. Earlier, both the blue-chip index and Nasdaq closed out the session higher, led by a jump in technology stocks as Treasury yields pulled back after a recent run-up. The drop in yields— with the benchmark 10-year yield pulling back below 1.55%… Source link

It’s time to go all in on shares of MGM Resorts (MGM), contends Credit Suisse analyst Benjamin Chaikin.  The analyst hiked his rating on the casino operator to out-perform from neutral on Tuesday, citing the market overlooking several key upside catalysts.  “MGM has gone through a transformation, recently announcing four transactions, and we believe the market is not giving full credit. Pro forma, we see three drivers of upside: (1) a cleaner more simplified organization with a more… Source link

Stock futures opened in slightly negative territory Monday evening, holding lower after a further rise in commodity prices escalated concerns over inflation heading into corporate earnings season. Contracts on the S&P 500 ticked down. The index ended Monday’s session in the red, weighed down by a drop in the communication services and utilities sectors. Both the Nasdaq and Dow also fell. Energy and commodity prices, meanwhile, extended a swift march higher. U.S. West Texas intermediate crude… Source link

* Asian stock markets: https://tmsnrt.rs/2zpUAr4 * US stocks futures slip as earnings season looms * Oil leads energy complex higher, stokes inflation risk * Dollar reaches highest on yen since April 2019 By Wayne Cole SYDNEY, Oct 11 (Reuters) – Asian shares slipped on Monday as global inflation angst favoured commodities as a hedge over U.S. equities, while rising U.S. bond yields lifted the dollar to two-and-a-half year peaks against the Japanese yen Nasdaq futures and S&P 500 futures were both… Source link

Stock futures opened higher Thursday evening, extending gains as investors awaited a key report on the labor market’s recovery. Contracts on the S&P 500 ticked up after the index logged a third straight session of gains during Thursday’s regular trading day. The move to the upside came after Senate leaders said they reached an agreement on raising the government borrowing limit into December, helping avert a default as soon as this month.  With concerns over the government debt ceiling… Source link

[unable to retrieve full-text content]Yandex Could Be An Undervalued Tech Stock  Seeking Alpha Source link

Stock futures opened slightly higher Wednesday after a choppy trading session, with investors closely monitoring developments in Congress as lawmakers raced to come to an agreement to avert a government default by mid-month.  During the regular trading day, the three major equity averages had shaken off earlier losses after Senate Minority Leader Mitch McConnell offered Democratic lawmakers a deal to temporarily extend the government borrowing limit into December. Such a move would offer… Source link

Following Facebook (FB) whistleblower Frances Haugen’s testimony before the Senate Commerce Subcommittee on Consumer Protection and an outage that prevented users from accessing services, the company’s shares began trading around 3% lower from the previous week on Wednesday.  According to Fitz-Gerald Group Chief Investment Officer Keith Fitz-Gerald, however, Facebook stock might not be as resilient as it has been amid other controversies.  “[Fitz-Gerald Group is] very keen to invest in… Source link

When in doubt, pick the same stocks that lawmakers’ spouses are buying? That’s what young investors are doing when it comes to trades made by House Speaker Nancy Pelosi’s husband, Paul Pelosi, a businessman who owns a real estate and venture capital firm. Though Nancy Pelosi herself doesn’t trade stocks, her husband does. And that’s enough for some social traders, who see his trades as hers. “We’ve been tracking their performance and every single stock she has bought in the last two years has… Source link

Stock futures opened in slightly positive territory on Tuesday, holding onto gains after a tech-led rebound rally during the regular session. Contracts on the S&P 500 ticked up. Earlier, Big Tech stocks led the blue-chip index higher, with investors swooping in to buy a dip in growth and technology names after a rout on Monday. That sent the Nasdaq higher by 1.3% in the index’s best day since August.  So far in October, equities have see-sawed between steep gains and losses, with investors… Source link