Tag Archives: Stocks

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 Thursday, December 1, 2022 Today’s newsletter is by Jared Blikre, a reporter focused on the markets on Yahoo Finance. Follow him on Twitter @SPYJared. Read this and more market news on the go with Yahoo Finance App. For stock market investors, November finished with a bang. A late-day rally on Wednesday swung the Dow into what some will consider… Source link

Roughly a year from today, the S&P 500 will likely have gone nowhere, strategists at Bank of America Global Research said in their year-ahead outlook published Monday. Equity strategists at BofA set a 2023 year-end price target of 4,000 on the benchmark index — an increase of less than 1% from Monday’s close of 3,963.94 — as annual earnings per share for the S&P 500 are seen declining 9% next year to $200. This drop in earnings reflects a figure roughly 15% below current estimates. In… Source link

Roughly a year from today, the S&P 500 will likely have gone nowhere, strategists at Bank of America Global Research said in their year-ahead outlook published Monday. Equity strategists at BofA set a 2023 year-end price target of 4,000 on the benchmark index — an increase of less than 1% from Monday’s close of 3,963.94 — as annual earnings per share for the S&P 500 are seen declining 9% next year to $200. This drop in earnings reflects a figure roughly 15% below current estimates. In… Source link

U.S. stocks descended Monday morning as unrest in China over the nation’s restrictive COVID controls weighed on global sentiment and Wall Street returned from a holiday weekend. The S&P 500 (^GSPC) sank 0.6%, while the Dow Jones Industrial Average (^DJI) fell 100 points, or 0.3%. The tchnology-heavy Nasdaq Composite (^IXIC) was off by 0.6%. The moves come after an up week of modest gains for stocks. The S&P 500 rose 1.5%, the Dow 1.8%, and the Nasdaq Composite 0.7% over the three and a… Source link

Goldman Sachs thinks that being defensive on stocks is the best bet headed into a 2023 that may see a long-talked about U.S. recession. “We remain relatively defensive for the three-month horizon with further headwinds from rising real yields likely and lingering growth uncertainty,” Goldman Sachs strategist Christian Mueller-Glissmann wrote in a note to clients on Monday. Mueller-Glissman recommended that investors go overweight (have more exposure to) cash and credit in the near-term. The… Source link

Stocks opened mixed on a shortened day of trading on Black Friday. Near 9:35 a.m. ET, the S&P 500 was down less than 0.1%, the Dow was up 0.2%, and the Nasdaq was off by about 0.5%. The U.S. stock market will close at 1:00 p.m. ET on Friday; financial markets in the U.S. were closed on Thursday for Thanksgiving. Stocks finished with gains on Wednesday, the week’s final full trading session, after the minutes from the Fed’s latest meeting signaled a likely slowdown in the pace of rate hikes at… Source link

There are different types of stocks you can invest in. Some are more volatile than others, and some might not be as risky as they seem. There are times when investing in stocks becomes rather troublesome – such as during a recession or after a stock market crash. But even with all the risks that come with investing in stocks, there are still many safe stocks to buy. Safe stocks to buy should have low volatility (even if you’re investing with a high risk tolerance). They should… Source link

Stocks rose on Wednesday after the minutes from the Federal Reserve’s latest policy meeting signaled a likely slowdown in the central bank’s pace of interest rate increases next month. When the closing bell rang on Wall Street, all three major indexes were in green figures, with the S&P 500 up 0.6%, the Dow up 0.3%, and the Nasdaq higher by 1%. Wednesday marked the week’s final full trading session for U.S. investors. U.S. markets will be closed for Thanksgiving, and markets are open for just… Source link

U.S. stocks moved higher Tuesday as investors awaited scheduled remarks from Federal Reserve officials for clues on the U.S. central bank’s path forward for interest rates. The S&P 500 (^GSPC) nudged up 0.4%, while the Dow Jones Industrial Average (^DJI) advanced by 175 points, or about 0.5%. The technology-heavy Nasdaq Composite (^IXIC) added a modest 0.1%. Wall Street will tune into speaking engagements by Cleveland Federal Reserve President Loretta Mester and St. Louis Fed President James… Source link

U.S. stocks were mixed at Monday’s open as Wall Street barreled into a holiday-shortened trading week. Equity and bond markets will be closed for Thanksgiving on Thursday and end trading at 1 p.m. ET on Friday. The S&P 500 (^GSPC) sank 0.2%, while the Dow Jones Industrial Average (^DJI) added roughly 80 points, or 0.3%. The technology-heavy Nasdaq Composite (^IXIC) declined 0.4%. Shares of Disney (DIS) roared 9% to start the day after the media giant made a surprise announcement late Sunday… Source link