My top 10 things to watch Wednesday, June 25 1. All-time high watch for Nvidia today. Shares of the AI chip giant closed yesterday at $147.90, less than $2 below its Jan. 6 record close of $149.43. I’ll discuss Nvidia and the rest of the Club’s portfolio at our Monthly Meeting at noon ET. Nvidia’s…
Wall Street will continue to monitor the Iran-Israel war next week, with stocks at a bit of an impasse as investors await greater clarity on the economic outlook. The S & P 500 remains on the cusp of an all-time high, more than 2% off a February peak it has yet to clear as investors…
Goldman Sachs says there’s a slew of stocks the firm likes that are well positioned in an uncertain macro environment. CNBC Pro combed through the firm’s research to find companies with upside as worries linger. They include: Carnival, Microsoft, Accenture, Vertex and e.l.f. Beauty. Accenture Analyst James Schneider is standing by shares of one of…
A look at the history of market corrections suggests the speed at which the S & P 500 fell into the current one is actually encouraging for investors. The rapid descent in the S & P 500 is unusual, given that it was accomplished in just 22 calendar days, far shorter than the average of…
The Federal Reserve will take center stage in the coming days as Wall Street attempts to put a mixed week behind it. The Dow Jones Industrial Average on Friday registered its seventh consecutive down session, its longest losing streak since 2020, on its way to falling 1.8% for the week. The S & P 500…
A handful of stocks stood out as the biggest winners on Wall Street this week, and analysts think they have more room to run. The major averages posted a fifth-straight winning week on Friday, with the S & P 500 notching a fresh record. Results from banking behemoths including JPMorgan Chase and Wells Fargo began…
Traders work on the floor of the New York Stock Exchange during morning trading in New York City. Michael M. Santiago | Getty Images Stocks @ Night is a daily newsletter delivered after hours, giving you a first look at tomorrow and last look at today. Sign up for free to receive it directly in your inbox….
Monday September 30 China PMI and current account surplus Japan industrial production and retail sales Canada’s National Day for Truth and Reconciliation (stock markets open; bond markets closed) (9:45 a.m. ET) U.S. Chicago PMI for September. (1:55 p.m. ET) U.S. Fed chair Jerome Powell gives luncheon address at NABE conference. Earnings include: Carnival Corp. —…
It’s going to be hard to count on another strong month for stocks after September’s performance. The third quarter’s final month, often regarded as the weakest month of the year for stocks, has been surprisingly good for investors. The major market averages were on track as of Friday to close it out with a robust…