‘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
Read More »Wall Street Is Missing the Risk to Stocks If Inflation Is Beaten
(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
Read More »Stock futures fall, Treasury yields rise as Wall Street weighs jobs data
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
Read More »Wall Street Sees S&P 500 Falling Further After Bear-Market Bounce
(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
Read More »Central banks around the globe are keeping Wall Street up at night: Morning Brief
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
Read More »Wall Street is finally getting the Fed’s message on interest rates: Morning Brief
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
Read More »Stocks fall as Wall Street braces for Fed meeting
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
Read More »Where Wall Street’s mega banks stand on return-to-office policies
Late hours on Wall Street are part of industry lore, but in a post-pandemic world, banks are still hashing out official return-to-office policies. Earlier this week, moves by Goldman Sachs and Morgan Stanley to lift COVID protocols at their offices drew attention to the ambiguity around official RTO rules across financial institutions. While messaging from the companies was shy of mandating a five-day-per-week return, lifting vaccine and testing requirements appears to be part of a broader… Source link
Read More »One of Wall Street’s best bubble spotters says we’re still in the middle of a ‘superbubble’ that hasn’t popped yet
Jeremy Grantham is among Wall Street’s most respected investors. The cofounder of Boston asset manager GMO is well known for having predicted Japan’s asset price bubble in the 1980s, the dot-com bubble of the late ’90s, and even the U.S. housing blowup that came before the 2008 financial crisis. Now the 83-year-old Wall Street veteran is arguing that despite the stock market’s struggles this year, the economy’s real downturn has yet to come. Grantham has been warning of a brewing “ Source link
Read More »What's a Dutch Auction? Google It – The Wall Street Journal
[unable to retrieve full-text content]What’s a Dutch Auction? Google It The Wall Street Journal Source link
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