In this article, we discuss the 10 best infrastructure stocks according to Reddit. If you want to skip our detailed analysis of these stocks, go directly to the 5 Best Infrastructure Stocks According to Reddit. Ever since United States President Joe Biden announced the $2 trillion plan to upgrade American airports, roads, bridges, and communications systems back in April, the stocks of infrastructure companies have been soaring. Lawmakers approved the plan last month, further boosting the… Source link
Read More »Fed officials to sell stocks to avoid apparent conflict of interest
By Jonnelle Marte (Reuters) – Two Federal Reserve officials said on Thursday they would sell their individual stock holdings by the end of the month to address the appearance of conflicts of interest. Dallas Fed President Robert Kaplan and Boston Fed President Eric Rosengren issued statements saying they would invest the proceeds of those sales in diversified index funds and cash savings and would not trade in those accounts as long as they are serving in their roles. The announcements come… Source link
Read More »Stocks struggle amid Delta variant, economy concerns
Stocks weakened on Wednesday in directionless trade, poised to extend the previous day’s declines as rising COVID-19 infections momentarily upending expectations about growth. In Tuesday’s regular session, the Dow Jones Industrial Average and S&P 500 Index lost ground, but the technology-laced Nasdaq bucked the trend by posting a marginal gain. The market has mostly taken disappointing news in stride, but August’s jobs data falling far short of market expectations last week tempered hopes for… Source link
Read More »Millennials will power a bull market in stocks for decades: Ark Invest’s Cathie Wood
Cathie Wood tells Yahoo Finance Live that just like baby boomers have heavily influenced the stock market for decades, their children — aka millennials — will be equally if not more important to the investing landscape in the decades to come. And that is one reason why the closely followed Ark Invest founder and CEO is staying long-term bullish on stocks. “This is the echo of the baby boom,” said Wood on the rise of millennial investors, notably in 2021. Wood referenced research that… Source link
Read More »Stocks Climb as Japan, China Gain; Treasuries Dip: Markets Wrap
(Bloomberg) — Most Asian stocks rose Tuesday as Japan extended a rally and traders took heart from indications that the global recovery is weathering challenges from the delta virus variant. Japan’s Nikkei 225 hit 30,000 for the first time since April as an index reshuffle added to optimism that a new prime minister will usher in favorable policies. China climbed, aided by a continuing rebound in technology stocks and better than expected trade data. S&P 500 and Nasdaq 100 futures edged up… Source link
Read More »10 Trending Stocks on Reddit
In this article, we discuss the 10 trending stocks on Reddit. If you want to skip our detailed analysis of these stocks, go directly to the 5 Trending Stocks on Reddit. The finance world has been rocked in recent months by the dramatic influx of retail investors on the marketplace. According to a report by professional services firm Deloitte, the COVID-19 pandemic played a central part in this story, as more than 10 million Americans opened a brokerage account in 2020. In January 2021, at the… Source link
Read More »Stocks Rise as Traders Weigh Fed Taper Outlook: Markets Wrap
(Bloomberg) — U.S. equity-index futures rose and European stocks inched closer to a record high as investors bet slower hiring in the world’s largest economy may delay a tapering of Federal Reserve stimulus. Aluminum hit a decade high amid political unrest in Guinea. The Stoxx Europe 600 Index rebounded from last week’s losses, led by technology shares. Contracts on the S&P 500 Index rose 0.2% even as U.S. markets were closed for Labor Day. Aluminum supplier Norsk Hydro ASA headed for a… Source link
Read More »Cathie Wood is pouring millions into these China tech stocks — time to follow?
Cathie Wood is pouring millions into these China tech stocks — time to follow? It’s been a whiplash 2021 for Chinese tech stocks. The Nasdaq Golden Dragon China Index, which tracks 98 of the biggest Chinese companies listed in the U.S., hit a record high of 20,688 on Feb. 12. But the index has been walloped since then on concerns that China’s tech sector could soon be facing greater scrutiny and tighter regulations at the hands of the Chinese government. Cathie Wood, founder of Ark… Source link
Read More »Warren Buffett is hanging on to these stocks for stable income — you could too
Warren Buffett is hanging on to these stocks for stable income — you could too In a world of historically low interest rates, investors would be wise to look out for dividend stocks offering attractive — but stable — dividend yields. High-yield dividend stocks have the potential to Offer a plump income stream in both good times and bad times. Provide much-needed diversification to growth-oriented portfolios. Outperform the S&P 500 over the long haul. Of course, there’s no better place for… Source link
Read More »Stocks drift below records as indexes head for winning August
Stocks dipped on Tuesday, with the major indexes on track to close out August trading with another monthly gain. The S&P 500 was slightly lower, pulling back after the Conference Board’s closely watched monthly report on consumer confidence fell more than expected in August amid the Delta variant’s spread. Both the S&P 500 and the Nasdaq had set fresh record intraday and closing highs during Monday’s trading day, powered higher by a jump in heavily weighted Big Tech stocks. The S&P 500 is… Source link
Read More »