Tag Archives: Street

State Street says Yvette Hollingsworth Clark’s background in risk compliance management and in setting up anti-money-laundering and compliance frameworks will strengthen its compliance functions. Photo: Scott Eisen/Bloomberg News … Source link

‘This truck can’t do normal truck things’: YouTube star says towing with Ford’s new electric pickup is a ‘total disaster’ in viral video — but Wall Street still likes these 3 EV stocks It’s no secret that electric cars are becoming more and more popular these days. But will the EV trend carry over to pickup trucks? According to Tyler Hoover — who runs the Hoovie’s Garage YouTube channel with 1.4 million subscribers — an electric pickup truck might not be a great option if… Source link

(Bloomberg) — The conventional wisdom with stock bulls is that prices will take off when the Federal Reserve wins its fight against inflation. But the end of surging consumer costs could unleash another round of bad news. Most Read from Bloomberg A small chorus of researchers has for months warned of a potential hazard to earnings should the campaign to tamp down inflation succeed. Specifically, the squeeze on margins that could occur should an indicator known as corporate operating leverage… Source link

U.S. stocks tumbled early Friday as the government’s key employment reading showed the labor market grew at a slower pace in September. The U.S. economy added 263,000 jobs last month as the unemployment rate fell to 3.5%. Economists expected a payroll gain of 255,000 and for unemployment to hold at 3.7%. Futures tied to the S&P 500 (^GSPC) dropped 0.7%, while futures on the Dow Jones Industrial Average (^DJI) shed more than 100 points, or 0.4%. Nasdaq Composite (^IXIC) futures led the way… Source link

(Bloomberg) — Some of Wall Street’s biggest banks aren’t buying this stock-market rally. Most Read from Bloomberg Firms from HSBC Holdings Plc to Credit Suisse Group AG are skeptical that the S&P 500 Index has reached its ultimate low and warning that US equity prices still don’t fully reflect the risks of higher interest rates on earnings and valuations. Aggressive tightening by the Federal Reserve in an attempt to fight the hottest US inflation in four decades can do further damage to… 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 Thursday, September 29, 2022 Today’s newsletter is by Jared Blikre, a reporter focused on the markets on Yahoo Finance. Follow him on Twitter @SPYJared. The Dow Jones Industrial Average (^DJI) rallied Wednesday — putting in its best showing in two months — on the back of a massive, risk-on reversal in global bond and currency markets. The U.S…. Source link

(For a Reuters live blog on U.S., UK and European stock markets, click or type LIVE/ in a news window) * Tech, consumer discretionary pare back gains * Casinos jump as Macau allows tour groups after nearly 3 years * Indexes down: Dow 1.06%, S&P 0.99%, Nasdaq 0.53% (Adds comments, updates prices throughout) By Shreyashi Sanyal Sept 26 (Reuters) – Wall Street’s main indexes extended declines on Monday as investors continued to fret about the Federal Reserve’s aggressive policy tightening and its impact… 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 Thursday, September 22, 2022 Today’s newsletter is by Jared Blikre, a reporter focused on the markets on Yahoo Finance. Follow him on Twitter @SPYJared. Stocks are finally listening to Jay Powell and the Federal Reserve. In a highly anticipated move Wednesday, the Federal Reserve hiked its benchmark interest rate by 0.75 percentage points after… Source link

U.S. stocks were firmly lower early Monday after all three major indexes logged their worst week in three months. The S&P 500, Dow Jones Industrial Average, and tech-heavy Nasdaq were each off by roughly 0.6% at the start of the trading session. Meanwhile in the bond market, the benchmark U.S. 10-year Treasury note spiked to 3.49%, its highest level since 2011, while the 2-year Treasury note inched past a 15-year high of 3.9%. Investors are gearing up for the Federal Reserve’s two-day policy… Source link

The taxi offshoot of troubled Russian tech giant Yandex has been hit by online pranksters, who yesterday ordered dozens of cabs to a single address in central Moscow, resulting in a major traffic jam. Kutuzovsky Prospekt sporting its usual weekday traffic Breaching the security defences of Yandex Taxi, a division of “Russia’s Google” Yandex, the internet intruders were then able to send available vehicles for hire to the same address. Hundreds of them, by the looks of it. Around three… Source link