Tag Archives: Stocks

(Bloomberg) — US-listed China stocks surged Monday to the highest since early April on increased speculation that a year-long government crackdown on the technology industry is easing. Most Read from Bloomberg While the S&P 500 Index struggled to mount much of an advance, the Nasdaq Golden Dragon Index closed 5.4% higher after surging as much as 8.3%, as Chinese regulators were said to be close to wrapping up their investigation of Didi Global Inc. The company’s American depositary receipts… Source link

Here are 3 top dividend stocks for stable cash return and inflation protection — one of them even offers an incredible 13.3% yield When high-flying growth stocks made all of the headlines last year, dividend stocks often got ignored. But now, the Nasdaq is in correction territory, and many of those former hot stocks are getting heavily sold off. In volatile times like these, a steady and increasing stream of dividends can help risk-averse investors sleep better at night. Healthy dividend… Source link

U.S. stocks slid Friday to close the week lower as investors weighed May jobs data that likely gave Fed policymakers a signal labor market conditions can weather a more aggressive rate hiking cycle. Friday’s sell-off was led by tech stocks, with the Nasdaq Composite falling 2.5%. The S&P 500 fell 1.6%, while the Dow Jones Industrial Average shed 350 points, or 1%. Treasury yields rose following Friday’s jobs data, with the yield on 10-year Treasury jumping as much as 7 basis points to just… Source link

‘Nowhere else to go but up’ — Jim Cramer likes these 3 mega-cap tech stocks that have been soundly shellacked in 2022 With the Nasdaq Composite down 24% year to date, sentiment towards tech stocks is far from bullish. It’s hard to predict when the market will bottom, but CNBC’s Jim Cramer sees big opportunities in the tech space. “While they may stay losers, the bottom line is they’ve fallen so darn far that I think they’ve become metaphors for a whole host of stocks that are… Source link

Did markets hit a turning point? The past couple of months brought us a seven-week losing streak in stocks, the longest such streak in over a decade, but the week before the Memorial Day holiday weekend saw strong gains. The S&P 500 wiped out its May losses. Post-holiday trading shows that some of these gains are continuing. If so, then it makes this the ideal time to ‘buy the dip,’ to get in while stocks remain at low cost, with attractive entry points. That’s the view from investment… Source link

Michael Burry — the hedge fund manager depicted by Christian Bale in The Big Short — has been aggressively investing during this market downturn. Burry’s latest 13F filing for the first quarter of 2022 shows a broad range of new investments and some interesting strategic moves with options. That’s a significant shift from the previous quarter when Burry was selling most of his stock portfolio and calling for the “mother of all crashes.” He’s not exactly bullish on the overall… Source link

U.S stocks gave up gains early Wednesday following stronger-than-expected readings from the U.S. manufacturing sector and stern comments from JPMorgan (JPM) boss Jamie Dimon. After rallying to start the trading session, led by a 1% advance from the Nasdaq, all three major indexes turned negative about 80 minutes into the trading day. The S&P 500 and the Dow both lost as much as 0.7% while the Nasdaq was off as much as 0.3%. The Russell 2000 was down by the most, falling as much as 0.9%. Data… Source link

If you managed to sleep through May or simply avoided your brokerage app, congratulations. You might be sitting on some gains despite the major averages punishing investors with gut-wrenching drops of up to 10% at the month’s lows. When the dust settled, the S&P 500 (^GSPC) finished fractionally higher while the Dow (^DJI) inched up just 13 points. The Nasdaq Composite (^IXIC) lost just over 2.1% in May. A six-day rally to close the month of May stemmed the hemorrhaging, but reality still… Source link

Jeremy Grantham warns the S&P 500 will ‘likely’ plunge another 40% minimum — here are 3 shockproof stocks in his portfolio to help limit the pain With stocks pulling back substantially from earlier highs, some say that the market could reach a bottom soon. But according to legendary investor Jeremy Grantham, that’s not going to be the case. In a recent interview with CNBC, Grantham predicts that the market tumble is far from being done. “The other day, we were down 19.9% on the S&P… Source link

U.S. stocks pared losses Tuesday, extending a streak of volatile trading after last week’s bounce snapped the longest span of declines for the S&P 500 in over 20 years. The benchmark index bounced back from a drop of more than 1% to turn flat, attempting to build on its best week since November 2020. The Dow Jones Industrial Average was down 0.2% after climbing back from a nearly 400-point drop, and the Nasdaq Composite turned positive, up 0.3%. These moves come after all three indexes logged… Source link