The presidential election has the potential to reshape the investment landscape. Detailed below is what Wall Street is saying about investing implications across multiple asset classes. This is the first in a five-part series about the impact both Trump and Harris presidencies could have on US consumers. Thanks for signing up! Access your favorite topics…
Major stock markets mostly dropped Monday on profit-taking and oil prices jumped as traders weighed fresh interest-rate cuts from China’s central bank aimed at reigniting the world’s second-biggest economy. Another record session Friday on Wall Street failed to carry over into the new week and inspire a similar rally elsewhere, as main equity indices mostly…
Asian markets swung Monday as traders weigh Chinese central bank interest rate cuts aimed at reigniting the world’s number two economy, while gold hit a record high on geopolitical concerns. Another record day on Wall Street on Friday was unable to inspire a similar rally at the start of the week, with traders also gearing…
The 10-year Treasury yield leaps higher … Chinese stocks surge then collapse … the war over automation isn’t over … watch Tesla’s “We, Robot” event tomorrow With the Fed now in rate-cutting mode, why are Treasury yields racing higher? As you’re aware, the Federal Reserve cut its target interest rate by 50 basis points on…
We recently looked at Goldman Sachs’ Stocks With Highest Consensus Returns: 42 Stocks With The Highest Consensus ROE. In this piece, we will look at where Uber Technologies, Inc. (NYSE:UBER) ranks in the list. As the fourth quarter of 2024 settles in, the narrative surrounding stocks on Wall Street is starting to shift. This is…
NEW YORK — U.S. stocks closed their latest winning week with more records Friday. The Standard & Poor’s 500 rose 0.4% to squeak past the all-time high it had set early this week. The Dow Jones industrial average added 0.1% to its own record set the day before, and the Nasdaq composite gained 0.6%. Netflix helped…
kupicoo / iStock.com Many retirees live on a fixed income, and it can sometimes be challenging to make ends meet. Life is expensive, and it doesn’t get any cheaper as you get older. However, if you bought a home years ago and you still live in it today, you have options if you need extra…
The U.S. Federal Reserve finally cut its benchmark interest rate by half a percentage point in mid-September. That marked its first interest rate cut in more than four years, and it indicated it was making some progress toward taming inflation. That long-awaited interest rate cut should also cast the spotlight back on dividend stocks, which…
Another day and more news about Chinese stocks. The group ripped higher after Chinese leaders pledged further support for the Chinese economy following an unexpected meeting Thursday. Shares of the fast food company Yum China (NYSE: YUMC) surged as much as 20% this morning before giving away some of those gains. Meanwhile, shares of the e-commerce…
The Federal Reserve kicked off its highly anticipated interest rate easing cycle last week with a 50-basis-point cut. Summit Place Financial Advisors founder and president Liz Miller joins Wealth! to break down how investors can best position their portfolios in a lower-rate environment. “So far this year, we saw the early part of the year…