Tag Archives: Stocks

Stocks rise but still head for longest weekly losing streak since 2001

Stocks rise but still head for longest weekly losing streak since 2001

U.S. stocks rose on Friday, though the major indexes still headed for steep weekly losses as concerns over the resilience of corporate profits in the face of inflation resurged this week. The S&P 500 advanced by about 0.8% just after the opening bell, following equities in Asia and Europe higher after China’s central bank unexpectedly cut a benchmark interest rate to offer some relief to borrowers in the country still grappling with a widespread COVID-19 outbreak. The Dow rose by more than 150… Source link

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3 top dividend stocks yielding as high as 8.7% — with inflation still near 40-year highs, it might be a good move to nail down some income

3 top dividend stocks yielding as high as 8.7% — with inflation still near 40-year highs, it might be a good move to nail down some income

3 top dividend stocks yielding as high as 8.7% — with inflation still near 40-year highs, it might be a good move to nail down some income Inflation is on a white-hot tear. U.S. consumer prices surged 8.3% in April from a year ago, down slightly from 8.5% in March, but still near 40-year highs. Whether central bankers believe inflation is short-lived, prices are on the rise right now. To preserve purchasing power, investors usually turn to assets like gold and silver during inflationary times…. Source link

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Billionaire George Soros Bets on These 3 ‘Strong Buy’ Stocks

Billionaire George Soros Bets on These 3 ‘Strong Buy’ Stocks

Keeping up the returns would be a neat trick in today’s market, as the main indexes are all steeply down for the year so far – with losses of 15% on the S&P 500 and 24% on the NASDAQ. For investors, then, the best strategy may just be to follow a winner. Billionaire investing legend George Soros is most definitely a winner. He’s built a portfolio worth billions, and had possibly the greatest bull run in hedge fund history, averaging 30% annualized returns for 30 years. Starting in 1992,… Source link

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These stocks have been outperforming amid the latest market rout: Morning Brief

These stocks have been outperforming amid the latest market rout: Morning Brief

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 Tuesday, May 17, 2022 Today’s newsletter is by Emily McCormick, a reporter for Yahoo Finance. Follow her on Twitter Stocks have had a rough start to 2022. The S&P 500 has tumbled about 16% so far this year to come within striking distance of a bear market. The Nasdaq Composite has plunged an even more pronounced 25%. And even the Dow Jones… Source link

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Stock market news live updates: Stocks end mixed as tech shares come under renewed pressure: Nasdaq drops 1.2%

Stock market news live updates: Stocks end mixed as tech shares come under renewed pressure: Nasdaq drops 1.2%

U.S. stocks ended mixed on Monday, with equities struggling for direction as concerns over the growth outlook persisted amid elevated inflation. The S&P 500 ended a choppy session lower, dropping 0.4% to close at 4,008.01.The Nasdaq dropped by 1.2% to end at 11,662.79, as mega-cap technology companies including Apple (AAPL) fell and dragged the index lower. The Dow Jones Industrial Average closed slightly higher to reach 32,223.42. U.S. crude oil prices (CL=F) erased earlier losses and rose… Source link

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Warren Buffett says these are the best stocks to own when inflation spikes — with consumer prices still surging, it’s time to follow his lead

Warren Buffett says these are the best stocks to own when inflation spikes — with consumer prices still surging, it’s time to follow his lead

Warren Buffett says these are the best stocks to own when inflation spikes — with consumer prices still surging, it’s time to follow his lead Price levels continue to rise at a rate we haven’t seen in decades. In April, U.S. consumer prices surged 8.3% — down slightly from 8.5% in March, but still near 40-year highs. Spiking inflation has severe consequences for your cash savings. Fortunately, investing legend Warren Buffett has plenty of advice on what to own when consumer prices… Source link

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Morgan Stanley Says These 3 Stocks Could Surge Over 60% From Current Levels

Morgan Stanley Says These 3 Stocks Could Surge Over 60% From Current Levels

Investors are facing a confusing environment, with long- and short-term signals sending different messages. Inflation remains stubbornly high, above an 8% annualized rate, and the Federal Reserve has made it clear that additional interest rate hikes are in the offing. Stocks are well off their highs, and despite last Friday’s gains, the S&P 500 and the Nasdaq posted their sixth consecutive weekly loss. But there are positives, too. The 1Q22 earnings season gave an upbeat vibe, as more than… Source link

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The party’s officially over for at-home tech stocks

The party’s officially over for at-home tech stocks

This article was first featured in Yahoo Finance Tech, a weekly newsletter highlighting our original content on the industry. Get it sent directly to your inbox every Wednesday by 4 p.m. ET. Subscribe Stay at home stocks are getting smoked Tech stocks skyrocketed after the pandemic hit and the world went virtual. We pedaled it out on Pelotons (PTON) instead of hitting the gym, and we watched Netflix (NFLX) like it was our second job. Zoom (ZM) became a verb as we began chatting and socializing… Source link

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Goldman Sachs likes these 3 top dividend stocks yielding as high as 7.6% — in a manic market, locking down a growing income stream makes sense

Goldman Sachs likes these 3 top dividend stocks yielding as high as 7.6% — in a manic market, locking down a growing income stream makes sense

Goldman Sachs likes these 3 top dividend stocks yielding as high as 7.6% — in a manic market, locking down a growing income stream makes sense The S&P 500 is down 16% so far in 2022. While investor sentiment is far from bullish these days, Goldman Sachs sees opportunity in one specific group of companies: those that return cash to investors on a regular basis. “We continue to recommend investors own stocks with high dividend yield and growth,” Goldman’s chief U.S. equity strategist… Source link

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Stocks close mixed in back-and-forth session after struggling to recover from sell-off

Stocks close mixed in back-and-forth session after struggling to recover from sell-off

U.S. stocks were mixed at the end of a choppy session Tuesday as markets struggled to recover from a sharp sell-off that sent all three major indexes to their lowest level year-to-date to start the week. The S&P 500 was 0.3% higher after the benchmark closed below 4,000 for the first time since March 2021 on Monday, deepening losses from its longest streak of weekly declines since 2011. The Dow Jones Industrial Average fell for a fourth straight day to close 85 points, or 0.3% lower, and the… Source link

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