Tag Archives: strong

Stocks turned negative after the Labor Department’s February jobs report handily exceeded expectations, reaffirming the building momentum in the economic recovery, but also stoking a rise in Treasury yields and concerns over an economic overheating. The S&P 500 dipped, and the Dow gained fell into negative territory after rising earlier in the session. The Nasdaq erased earlier gains and fell another 1.5%, pacing toward a fourth straight session of steep declines. The index has erased its… Source link

Last week, the NASDAQ slipped below 13,200, making the net loss from its all-time peak, reached earlier this month, 6.4%. If this trend keeps up, the index will slip into correction territory, a loss of 10% from its peak. So what exactly is going on? At bottom, it’s mixed signals. The COVID-19 pandemic is starting to fade and the economy is starting to reopen – strong positives that should boost markets. But an economic restart brings with it inflationary pressures: more people working… Source link

The privacy regulator overseeing Facebook Inc., FB -0.58% Alphabet Inc.’s GOOG 1.17% Google and Apple Inc. in the European Union expects to boost its tally of big tech decisions this year—and rejects complaints that its enforcement has been too slow. Helen Dixon, who leads Ireland’s Data Protection Commission, said her office is on… Source link

Stocks rose Wednesday as investors eyed a wave of better than expected corporate earnings results and considered these alongside expectations for more fiscal support from congressional lawmakers. The Dow added more than 100 points, or 0.4%, shortly after market open, reaching a record intraday high. Each of the Nasdaq and S&P 500 also rose to record levels Wednesday morning. All three major indexes have performed strongly for February to date, as has the small-cap Russell 2000, which reached… Source link

It’s February and NBA scouts will finally get a chance to watch Jalen Green, Jonathan Kuminga and the rest of the G League Ignite team play 15 games in the G League bubble season. On the college side, Evan Mobley is making a strong case for the No. 1 spot by dominating the paint in the Pac-12 and being the best rim protector in this draft class. Auburn’s Sharife Cooper and Baylor’s Davion Mitchell have impressed scouts in the last month and are climbing up team’s draft boards. Here’s… Source link

New market research report on Search Engine: The research report on global Search Engine Market is a comprehensive guide for new market entrants. The report provides the market history of each product retailed by the company. It also provides a history of product types, technology and volume during the forecast period. The growth rate, challenges and obstacles are also explained in the Global Search Engine study report. The report highlights the rate of development of the… Source link

Some traditions are too time-honored to shirk, and on Wall Street, the annual ‘top picks’ are one. Usually made at the very end or very beginning of a year, the Street’s analysts publish reviews on the stocks they believe will show the best performance in coming months – their top picks. The analysts have been analyzing each stock carefully, looking at its past and current performance, its trends on a variety of time frames, management’s plans – they take everything into account…. Source link

TipRanks These 3 “Strong Buy” Stocks Are Top Picks for 2021, Say Analysts Some traditions are too time-honored to shirk, and on Wall Street, the annual ‘top picks’ are one. Usually made at the very end or very beginning of a year, the Street’s analysts publish reviews on the stocks they believe will show the best performance in coming months – their top picks. The analysts have been analyzing each stock carefully, looking at its past and current performance, its trends on a variety… Source link

We’ve turned a new page on the calendar, Old Man ’20 is out the door, and there’s a feeling ‘21 is gonna be a good year – and so far, so good. The markets closed out 2020 with modest session gains to cap off larger annual gains. The S&P 500 rose 16% during the corona crisis year, while the NASDAQ, with its heavy tech representation, showed an impressive annual gain of nearly 43%. The advent of two viable COVID vaccines is fueling a surge in general optimism. Wall Street’s top… Source link

Investors are tuning into Spotify’s (SPOT) earnings day. Shares of the music streaming platform fell as much as 5% on Thursday as the company came up short on the bottom line amid investments in podcasts from stars such as media personality Joe Rogan and former first lady Michelle Obama, and ongoing enhancements to the business. Spotify CFO Paul Vogel told Yahoo Finance’s The First Trade he is pleased with how the quarter shook out. “The quarter was fantastic,” said Vogel. He added… Source link