Tag Archives: streak

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

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 Friday, April 1, 2022 After the S&P 500’s worst quarter since 2020, stocks are heading into what has historically been one of the best months for generating returns. Whether that holds this year, however, depends on how traders weigh a string of risks to the outlook. The good news is that the track record for April has been astonishingly strong…. Source link

U.S. equity futures were flat heading into overnight trading Wednesday after stocks ended a losing streak to log their best session in two years. All three main benchmarks closed higher for the first time in four days and commodity prices retreated from a recent spike as investors looked optimistically toward a possible de-escalation of Russia’s war in Ukraine. Contracts on Wall Street’s key hovered near the flatline in post-market trading after the S&P 500 notched its best day since June… Source link

Odell Beckham Jr.‘s dad was right, after all.  Beckham’s time with the Cleveland Browns lacked many big plays and ended in a messy way, after a rift with quarterback Baker Mayfield that included Beckham’s dad posting a video of how often his son was open but didn’t get the ball. The Browns cut Beckham, and the Los Angeles Rams were aggressive to get him.  It has worked out better for the Rams than they could have reasonably expected.  Beckham is back to looking like one of the game’s better… Source link

Shares of Digital Turbine Inc. APPS, +2.06% shot up 9.7% in premarket trading Tuesday, putting them on track to post a seventh-straight gain, after the media and mobile communications company announced a multi-year partnership with Alphabet Inc.’s GOOGL, +0.67% Google. With the partnership, Digital Turbine will with with Google Cloud partner SADA to implement Google’s business and cloud offerings to support growth. “By partnering… Source link

Stocks rose on Monday, with the major equity averages looking to recover some losses after five straight sessions of declines. The Dow added more than 200 points, or 0.6%, shortly after the opening bell. Shares of Apple (AAPL) led the way higher as the stock shook off losses from Friday, which came after a California judge issued a permanent injunction against the iPhone-maker’s App Store policies amid an antitrust lawsuit with Epic Games. Investors also awaited a highly anticipated Apple… Source link

Futures dipped in Wednesday’s after-hours session, pointing to a lower open on Wall Street, with investors struggling to reconcile a still hot jobs market with an economy that’s seen its momentum dented by soaring COVID-19 infections.  On Wednesday, the Dow Jones Industrial Average and S&P 500 Index posted their 3rd consecutive day of losses, and the technology-laced Nasdaq fell for the first time since last week. The market has mostly taken disappointing news in stride, but August’s jobs… Source link

The stock market is on one impressive stretch headed into year-end, which may bode well for future returns.  Through late last week, the S&P 500 (^GSPC) had gone 189 days — or nine straight months — without being more than 5% from a 52-week high, according to researchers at Sundial Capital Research. The S&P 500 also had logged its 43rd day with a 52-week closing before November.  Sundial says 2021 has been one of the most “consistent” years ever for markets. That recent bout of… Source link

(Bloomberg) — A continuing recovery in Bitcoin has put the largest cryptocurrency on course for its longest winning streak this year. The virtual coin rose as much as 6.1% to top $40,000 and was trading at about $39,700 as of 8:15 a.m. in London on Wednesday. It’s advanced for eight straight days. Other coins including second-ranked Ether climbed, boosting the Bloomberg Galaxy Crypto Index. “The current momentum is strong” and $45,000 is in sight but a conclusive break above $50,000… Source link

What Happened: Bitcoin (CRYPTO: BTC) is trading higher over multiple days, coming off a July 21 low of 29296.39 to a peak of over 34,000 Saturday July 24, a move of over 15%. Meanwhile, Ethereum (CRYPTO: ETH) is bouncing off a low of 1717.17 on Wednesday to a peak of over 2180 at the time of publication, up over 25% in four days. Why It’s Important: The two leading cryptocurrencies have been range bound since a major correction earlier this year. Bitcoin set an all-time high of 64900 on April… Source link