Tag Archives: Stocks

The COVID pandemic may be receding, but it has left a mark on across multiple aspects of our lives. From mask mandates to travel restrictions, we chafe at some of the changes – but in the business world the use of artificial intelligence (AI) systems has dramatically expanded in the past year. This was probably inevitable – but AI brought advantages in coping with the pandemic for companies that could make use of it, and the expansion accelerated. AI has found its place in a huge range of… Source link

undefined Stock traded higher on Monday as technology stocks rose to recover some of last week’s declines. [Click here to read what’s moving markets heading into Tuesday, March 23] The Dow turned positive even as shares of component companies JPMorgan Chase (JPM) and Goldman Sachs (GS) lagged. Bank stocks, industrials and other cyclical shares including small caps underperformed, giving back some recent gains. Technology shares outperformed after another week of declines last week, and the… Source link

Bloomberg Gold Set for First Back-to-Back Weekly Gain Since Early January (Bloomberg) — Gold rose, heading for its first consecutive weekly gains since January as the dollar wavered and investors assessed demand for the metal as a hedge against inflation.Equities fluctuated and Treasury yields retreated from the highest levels of the day, easing pressure on bullion. The Bloomberg Dollar Spot Index was little changed after rising earlier.Bullion has steadied after two straight monthly losses… Source link

(Bloomberg) — Technology shares rose and Treasury yields retreated from the highest levels of the day as investors weighed the risk of inflation with economic growth accelerating. The yield on the benchmark 10-year Treasury had spiked earlier after the Federal Reserve let a capital break for big banks expire. Crude oil rebounded after tumbling Thursday. The S&P 500 edged higher, led by the energy and communication services sectors. JPMorgan Chase & Co. and other banks weighed on the Dow Jones… Source link

Smart stock investing shouldn’t be emotional, but investors are only human, after all, making it difficult to follow a rational trading strategy. Investors should remember the advice of Warren Buffett: “We simply attempt to be fearful when others are greedy and to be greedy only when others are fearful.” What Buffett is advocating is the oldest of market advice: buy low and sell high. Taking this into consideration, we set out on our own search for compelling investment opportunities… Source link

(Photo: Costfoto/Barcroft Media via Getty Images) The everything rally of the last several months may be getting a lift from an unexpected source: federal stimulus money. A new Yahoo Finance–Harris poll finds that 9% of people expecting to get a $1,400 stimulus check plan to invest some of the money in traditional assets such as stocks, while 7% plan to use the money to buy cryptocurrencies such as bitcoin. Young investors are even more willing to gamble. Among 18- to 24-year-olds, 19% plan… Source link

Both the S&P 500 and the Dow Jones average have closed at record highs, and the NASDAQ has reversed the brief foray it took into correction territory in the second week of March. The market gains reflect several factors: relief that the $1.9 trillion COVID aid bill passed Congress and was signed by the President; a general optimism that the ongoing vaccination program will allow a normal economic environment sooner rather than later; and a growing sense that recent inflationary indicators… Source link

(Bloomberg) — U.S. stocks closed at a record high for a third consecutive trading session amid growing optimism over the budding economic recovery and progress on vaccines. Long-term Treasury yields edged lower. The benchmark S&P 500 Index gained for a fifth straight trading session, led by the utilities and real estate sectors. The Dow Jones Industrial Average also closed at a record and finished up for a seventh session in a row. Apple Inc., Tesla Inc. and Facebook Inc. led the tech-heavy… Source link

Bloomberg Biden Eyes First Major Tax Hike Since 1993 in Next Economic Plan (Bloomberg) — President Joe Biden is planning the first major federal tax hike since 1993 to help pay for the long-term economic program designed as a follow-up to his pandemic-relief bill, according to people familiar with the matter.Unlike the $1.9 trillion Covid-19 stimulus act, the next initiative, which is expected to be even bigger, won’t rely just on government debt as a funding source. While it’s been… Source link

Every investor knows that you can’t look to a stock’s past performance as predictor of future gains. It’s become axiom, even, one of the stock phrases that we all learn about in Econ 101: ‘Past performance does not guarantee future returns’ is common formulation. But that simple phrase, while true, raises a tough question: How should an investor judge a stock? The truth is, past is prologue, not prophet, and investors can profit by taking past performance as one of many factors in… Source link