In the latest trading session, Sunrun (RUN) closed at $19.51, marking a -3.13% move from the previous day. This move lagged the S&P 500’s daily gain of 0.53%. Meanwhile, the Dow gained 0.52%, and the Nasdaq, a tech-heavy index, added 0.52%. The solar energy products distributor’s stock has climbed by 23.56% in the past month,…
Shares of global pharmaceutical company Eli Lilly (NYSE:LLY) fell 3.5% in the afternoon session after political comments introduced significant uncertainty regarding the future pricing of the company’s weight-loss and diabetes drugs, Zepbound and Mounjaro. The drop occurred after President Donald Trump suggested that the price for the GLP-1 drug category, which Eli Lilly dominates alongside…
Every week it seems US financial markets are hit by another bout of fear. The latest worries spread this week from the banking sector in the US, after two regional lenders warned they would be hit by losses from alleged fraud. But before that, markets swooned over signs of rekindled US-China tensions, as the two…
Big banks including JPMorgan Chase and Goldman Sachs had just finished taking victory laps after a blockbuster quarter when concerns emerged from an obscure corner of Wall Street, sending a collective shiver through global finance. Regional bank Zions late Wednesday disclosed a near total wipeout on $60 million in loans after finding “apparent misrepresentations” from…
Wall Street gets more information on corporate America next week, with third-quarter earnings shifting into high gear. There’s also important inflation data coming. The earnings season is off to a strong start, with financials topping expectations thanks to the likelihood of lower interest rates and greater merger and acquisition activity. S & P 500 earnings…
Key Takeaways President Donald Trump acknowledged that the U.S. and China are in a trade war this week. The U.S. has threatened to raise tariffs on China to high levels, while China has threatened to cut off rare earth minerals crucial to U.S. industries. Trump and his Chinese counterpart are set to meet in South…
View the video of this post here. Over the last 30 years, the purchasing power of the US Consumer Dollar has been cut in half due to inflation. At the same time, the S&P 500 has gained 888% (8% per year) AFTER adjusting for inflation. Why you need to invest, in one chart… At Creative Planning,…
US stocks rose on Friday as President Trump eased worries of further trade escalation with China, while regional bank stocks began to recover from significant losses amid investor jitters over bad loans and US credit quality. The Dow Jones Industrial Average (^DJI) gained more than 0.5%, while the S&P 500 (^GSPC) rose around 0.5%. The…
The sustained trade war with China is “not sustainable,” President Donald Trump admitted Friday during an interview with Fox News. Speaking with anchor Maria Bartiromo about the current status of the trade relationship, the president confirmed that he is slated to meet with Chinese President Xi Jinping in Korea at the APEC Summit at the…
Key Takeaways Micron shares pulled back from a record high Friday following a report that the company will stop providing server chips to data centers in China. After climbing above $200 for the first time earlier this month, the stock consolidated in a pennant before breaking out from the pattern on Thursday, potentially laying the…