Tag Archives: Stocks

A growing number of retirees are heading back to work. In February, 3% of retired workers made the decision to return to work, marking the highest percentage to date during the pandemic and a continuation of a trend that started in the spring of last year, Nick Bunker, the director of economic research at Indeed Hiring Lab, told Yahoo Money. Strong demand for workers and COVID vaccinations initially helped to fuel the return, Bunker said. “Even more retirees could come off the… Source link

Amid a turbulent market environment characterized by surging inflation and geopolitical risks, the broader pullback in markets has left investors with plenty of uncertainty, with the Federal Reserve expected to announce rate hikes this week. According to John Hancock Investment Management Co-Chief Investment Strategist Emily Roland, U.S. stocks may currently be cheaper than they appear. “Higher gas prices are certainly going to take a bite out of the consumer. But the consumer is coming… Source link

(Bloomberg) — Chinese stocks listed in Hong Kong had their worst day since the global financial crisis, as concerns over Beijing’s close relationship with Russia and renewed regulatory risks sparked panic selling. Most Read from Bloomberg The Hang Seng China Enterprises Index closed down 7.2% on Monday, the biggest drop since November 2008. The Hang Sang Tech Index tumbled 11% in its worst decline since the gauge was launched in July 2020, wiping out $2.1 trillion in value since a… Source link

The S&P 500 and Dow rose Monday to shake off some recent losses, with investors looking ahead to the Federal Reserve’s next monetary policy decision later this week amid an ongoing war in Ukraine and soaring inflation. The Dow Jones Industrial Average gained more than 0.7% just after market open as the index recovered some losses following five straight weekly losses. The Nasdaq erased earlier gains to trade lower. U.S. crude oil prices (CL=F) briefly dipped below $103 per barrel to a… Source link

(Bloomberg) — Stocks in Europe climbed along with U.S. equity futures on Monday as negotiators from Russia and Ukraine prepare for a new round of talks. A global bond rout deepened, with the five-year Treasury yield cresting 2% for the first time since 2019. Most Read from Bloomberg The Stoxx Europe 600 index jumped more than 1%, with carmakers leading the advance following a “confident” outlook from Volkswagen AG. Basic-resources and energy stocks fell as crude oil declined along with… Source link

(Bloomberg) — The relentless selloff in Chinese technology stocks continued on Monday, as Beijing’s close relationship with Russia raised risks for mainland companies already battered by renewed regulatory headwinds. Most Read from Bloomberg The Hang Seng Tech Index slumped more than 9%, poised for the largest drop since the guage was introduced in July 2020 and driving losses in broader Hong Kong and China stocks. The Golden Dragon Index, which tracks American depository receipts of… Source link

Stocks dipped Monday and oil prices soared as investors nervously considered the potential for even higher inflation and greater global economic damage from Russia’s war in Ukraine and sanctions that have ensued. The S&P 500, Dow and Nasdaq declined but came off session lows from pre-market trading. Traders piled into safe haven assets, and gold prices (GC=F) briefly jumped above $2,000 per ounce for the first time since September 2020. U.S. Treasury yields advanced. In energy markets, Brent… Source link

We’re closing in on two weeks since Russian forces invaded Ukraine, starting Europe’s largest land war since 1945. So far, the Western nations have avoided commitments to oppose Russian arms directly, and have responded by sending munitions and humanitarian aid to Ukraine while instituting sanctions against Russia. The situation is complicated by Russian’s position as a major producer in the global energy markets, and Europe’s increasing reliance in the past decade on Russian natural… Source link

The space industry could be impacted by disruptions or by sanctions against Russia — particularly when it comes to missions utilizing Russian Soyuz rockets — and winners and losers are starting to emerge. “The biggest beneficiary of any exclusion or sanction is SpaceX and the Falcon 9, and to a lesser extent maybe the Falcon Heavy [rocket]” Edison Yu, Deutsche Bank Space analyst told Yahoo Finance Live. Alternatively, One Web (a competitor to SpaceX’s Starlink satellite program) and… Source link

Investors are still reeling from a roller coaster ride — attempting to price in a bewildering array of sweeping sanctions against Russian entities with all its attendant knock-on effects. There’s a growing divide on Wall Street, with some saying that the worst is over and investors should buy the dip while others are saying investors should be cautious and concerned about lingering tail risks. Dominic Wilson of Goldman Sachs’ global markets strategy team is wary of both surging oil prices… Source link