Stocks rose Monday as investors mulled ongoing signs of inflation and supply-related challenges and awaited more data on corporate earnings. The S&P 500, Dow and Nasdaq each pushed into positive territory to shake off overnight losses. Treasury yields gained across the curve, and the benchmark 10-year yield hovered around 1.61%, or its highest level since June. U.S. West Texas intermediate crude oil futures extended gains after logging a seventh straight weekly advance, jumping by another… Source link
Read More »These Are the Stocks to Watch as Covid Enters Its Next Phase
(Bloomberg) — The first pill to treat Covid-19 is on its way and vaccine producers are rolling out booster shots in wealthy countries. For investors, the next stage of the pandemic means a tougher landscape for stockpicking. Most Read from Bloomberg The success of Merck & Co.’s oral antiviral treatment in a clinical trial has shifted the momentum in the stock market, weighing on shares of the companies that developed the most effective vaccines, Moderna Inc. and the duo of Pfizer Inc. and… Source link
Read More »Why these old auto stocks are on fire
Shares of two of the oldest automakers around have run over the S&P 500 in the past month as each unveiled detailed plans to take on electric vehicle king Tesla (TSLA). Over the last month, shares of Ford (F) and General Motors (GM) have each gained about 15.5%, according to Yahoo Finance Plus data. The S&P 500 has returned a more pedestrian 4.5% as investors fret about the debt ceiling, inflation, climbing 10-year yields and a legion of other headline risks. Ford’s stock has trounced GM… Source link
Read More »People really hate these stocks right now
Concerns over commodities inflation and slowing consumption by shoppers has led to consumer staples stocks really being out of favor among investors right now. The share of consumer staples within the S&P 500 has plunged below 6% for only the second time in 30 years, according to a note from Sundial Capital Research. Researchers at Sundial say the decline reflects lagging stock prices and shrinking market caps among consumer staples, and more upbeat trading in other S&P 500 sectors. “So… Source link
Read More »Yandex And 5 Other Stocks Have High Sales Growth And An Above 3% Return on Equity
(VIANEWS) – Yandex (YNDX), Axcelis Technologies (ACLS), NMI Holdings (NMIH) are the highest sales growth and return on equity stocks on this list. Here is a list of stocks with an above 5% expected next quarter sales growth, and a 3% or higher return on equity. May these stocks be a good medium-term investment option? 48.3% sales growth and 4.4% return on equity Yandex N.V., an Internet and technology company, provides Internet search engine in Russia and internationally. … Source link
Read More »Futures, Stocks Fall With Bonds on Inflation Worry: Markets Wrap
(Bloomberg) — U.S. futures fell with stocks as surging energy prices stoked inflationary pressures ahead of a key U.S. employment report. Treasury yields extended an advance. Most Read from Bloomberg S&P 500 and Nasdaq 100 contracts declined, with tech giants such as Apple Inc. and Facebook Inc. down in premarket trading. European equities slid to a two-month low, with natural gas prices soaring even as the European Union pledged swift action to ensure the spiking costs don’t stifle the… Source link
Read More »Scared of Facebook whistleblower fallout? Take a look at these other tech stocks, analyst says
Facebook’s stock has hung in there amid the latest public controversy on how it operates. But if you are a Facebook (FB) investor and are getting concerned Zuck & Co. can’t stay teflon forever in the eyes of market goers, there are other ways to play the generally healthy tech space. “You play this by owning IAS [Integral Ad Science Holding]. They effectively do ad verification. So they ensure when an ad is shown it’s shown in the proper way. These ad insurance stories like IAS will… Source link
Read More »3 reasons why airline stocks are screaming buys: analyst
The COVID-19 pandemic continues to wreak havoc on the airline space, but the time to buy is now, argues Morgan Stanley analyst Ravi Shanker. Shanker cites three reasons for his bullish call. First, the sector could see positive news flow into year-end as vaccinations continue for COVID-19 and international travel restrictions are lifted. To that end, the Biden administration said recently it would lift restrictions for fully vaccinated travelers to enter the U.S. starting in… Source link
Read More »Billionaire David Tepper is Selling These 10 Stocks
In this article, we discuss the 10 stocks Billionaire David Tepper is selling. If you want to skip our detailed analysis of Tepper’s history, investment philosophy, and hedge fund performance, go directly to Billionaire David Tepper is Selling These 5 Stocks. Legendary investor, philanthropist and co-founder of the public equity investment fund Appaloosa Management, David A. Tepper specializes in distressed debt investments. After earning his B.A in Economics from the University of Pittsburgh… Source link
Read More »European Futures Rise; Evergrande Hits Asia Stocks: Markets Wrap
(Bloomberg) — Asian stocks and U.S. equity futures started the week on the back foot, as investors weighed the prospects for growth against concern over inflationary pressures. Most Read from Bloomberg Japanese and Hong Kong shares dropped. Earlier gains vanished after trading of China Evergrande Group shares was suspended in Hong Kong, along with those of its property management unit. Mainland Chinese markets are closed through Thursday for the Golden Week holidays. Australian shares bucked… Source link
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