Grainger CEO says company performance should ‘return’ with high occupancy and good rental growth Helen Gordon, the CEO of the U.K.’s largest residential landlord Grainger, said the company’s performance should rebound with high occupancy and good rental growth over the next year, in an interview with CNBC host Sylvia Amaro on “Street Signs Europe.” Gordon…
The Magnificent Seven companies reporting in the week ahead could unlock the next leg of the rally, as investors bet that earnings growth fueled by artificial intelligence could power a market some worry has gone to excess. The Federal Reserve will also hold its January meeting, with key inflation data coming Friday. Four out of…
The year 2024 was quite an eventful one for the U.S. stock market, with the S&P 500 Index gaining more than 20% for the second consecutive year. Several factors, including elevated inflation and interest rates, geopolitical tensions, the U.S. presidential elections, and the generative artificial intelligence (AI) boom influenced investor sentiment. Amid this backdrop, many…
Several stocks could rise if market volatility scales back after Tuesday’s U.S. presidential election, according to a Bank of America analysis. Stock market volatility climbed ahead of the election, with the Cboe Volatility Index , known as Wall Street’s “fear gauge,” crossing 23 on Thursday. But with the winner of the election decided, the VIX…
Election Day is here, and investors are on edge. The race between Vice President Kamala Harris and former President Donald Trump, as well as the battle for Congress, are down to the wire. The outcome will be consequential for markets on many fronts, including dictating policies that could hurt, or boost, different industries, as well…
CNBC’s Jim Cramer on Thursday said some investors are missing market opportunities because they are too focused on what the Federal Reserve will do next when it comes to interest rates. “I’m not saying the stock market will never go down when the Fed’s easing,” he said. “I am saying there are limits to what…
Small-cap benchmark closes at highest level since 2021 The Russell 2000 outperformed on Wednesday, notching its highest closing level in nearly three years. The small-cap benchmark added 1.64%, posting its fourth straight winning session and its highest close since November 2021. These smaller names are expected to put on a strong showing as the Federal…
The good times are still rolling on Wall Street. An intensifying earnings season will put that momentum to the test. The S & P 500 ended Friday at a record high, buoyed by strong quarterly results from Club holding Wells Fargo and other major financial firms, which reinforced the idea of a healthy U.S. economy….
(Bloomberg) — BlackRock Inc. reaching $450 billion in alternative assets is putting a finer point on a case it has been making all year: it’s not just an ETF powerhouse. Most Read from Bloomberg The closing of the firm’s $12.5 billion acquisition of Global Infrastructure Partners adds $116 billion in assets to the $334 billion…
The upcoming earnings season could decide what’s next for stocks. The S & P 500 and Dow Jones Industrial Average are at all-time highs after a strong jobs report last week and some cooler inflation data this week raised investor confidence in equities. Tech stocks outperformed this week, with the sector up more than 2%,…