Finance
After hitting record highs in recent days, the S&P 500 just flashed an indicator for more gains ahead. On Tuesday, the index’s 50-day moving average of 5,846.34 closed above its 200-day moving average of 5,837.96, a bullish technical pattern known as a golden cross. It’s the first time the indicator has flashed since February 2023….
The U.S. stock market will likely sell-off sharply if Thursday’s jobs report is anything like the weak private payrolls number from ADP, according to imagined outcomes from the JPMorgan trading desk. In a note on Wednesday, the JPM U.S. Market Intelligence team said the stock market is likely to move higher if the jobs report…
Traders work at the New York Stock Exchange on July 2, 2025. NYSE U.S. stock futures were little changed on Wednesday night as traders braced for June’s big jobs report. S&P 500 futures and Nasdaq 100 futures were fractionally higher. Futures tied to the Dow Jones Industrial Average rose 21 points, or less than 0.1%….
U.S. stock markets are holding onto their gains. Why are investors so confident that inflation risk will go away and the Fed will deliver more cheap money later this year? Because of the TACO trade. They seem to be betting that Trump’s tariff levels will go lower and that, in turn, the U.S. Federal Reserve…
AstraZeneca CEO Pascal Soriot, pictured in London on June 28, 2023, reportedly wants to move the company’s stock listing from London to the United States. Justin Tallis | Afp | Getty Images Pressure is piling on London’s stock exchange, with reports that British pharma giant AstraZeneca may move its listing to the U.S. delivering yet…
Key Takeaways The S&P 500 added 0.5% on Wednesday, July 2, 2025, reaching a record-high close for the second time this week, as the U.S. announced a trade deal with Vietnam. Coinbase shares rose. The cryptocurrency firm announced its acquisition of the token-management platform Liquifi. Health insurer Centene pulled its full-year guidance, citing enrollment pressure…
Hewlett Packard Enterprise’s (HPE) acquisition of fellow S&P 500 component Juniper Networks (JNPR) will open a spot in the benchmark index. Investors may be betting on Robinhood Markets (HOOD) to fill it. Shares of Robinhood shares soared to an all-time high Wednesday, hitting the $100 mark for the first time and closing up some 6% to…
Shares of health insurance provider Elevance Health (NYSE:EVH) fell 9.9% in the afternoon session after peer, Centene pulled its full-year financial guidance, triggering a sector-wide sell-off. Centene cited that market growth was “lower than expected” and the number of people making claims was much higher than forecast. This news has sparked fears among investors that…
With the stock market near record highs, investors may be itching to go all in — but the last thing they should be is reactionary, according to financial advisors. Stocks moved higher on Wednesday, with the S & P 500 hitting a new intra-day high. On Monday, both the S & P 500 and Nasdaq…
President Trump on Wednesday said he had reached a trade deal with Vietnam, one week ahead of a July 9 deadline for tariffs to snap back to higher levels for US partners. Trump said Vietnam’s goods imported to the US would face a 20% tariff, lower than the 46% tariff he had levied as part…