Just before a hotly contested US election considered a toss-up, options traders across markets appear to be reducing risk and bracing for more volatility. Equity options volatility climbed through most of October even as the market’s swings were muted, in anticipation of not just the upcoming election but also earnings season and a Federal Reserve…
The major stock benchmarks rallied Friday but were lower last week, with the Nasdaq leading the way lower after reaching new highs. In a heavy week of tech earnings, the Nasdaq lost 1.5% and broke a seven-week winning streak. The Nasdaq on Tuesday posted a record-high close of 18,712. The index finished 2.5% below Tuesday’s…
Omaha is best known for its good steaks and being billionaire investor Warren Buffett’s hometown. But this weekend, the locals are relishing their moment in the US presidential spotlight. Solidly Republican Nebraska is one of only two states that divides its electoral votes and there are some scenarios in which Omaha — nicknamed the Blue…
Election Day is almost here. The looming question remains how a Donald Trump or Kamala Harris victory will shape the market narrative for the rest of the year and beyond. Investors should soon learn the answer, with Americans heading to the polls next Tuesday. In the week before the election, the S&P 500 (^GSPC) fell…
One trading session left. That’s all Wall Street has before Tuesday, when US voters begin the process of picking their next president and potentially determining the direction of the economy for the next four years. Traders are buzzing about the possibilities, constantly checking the latest polls and moves in election betting markets to divine who’s…
Tech giants’ earnings results, as well as those of other large names, are influencing the stock market. However, a hit or a miss in a single quarter shouldn’t form the basis for a long-term investment thesis. Top Wall Street analysts closely follow the key details of a company’s quarterly results. However, they establish their recommendations…
Berkshire Hathaway Inc.’s cash pile reached $325.2 billion in the third quarter, a record for the conglomerate, as Warren Buffett continued to refrain from major acquisitions while trimming some of his most significant equity stakes. Berkshire once again cut its holdings in Apple Inc., the Omaha, Nebraska-based company said Saturday in a statement. Its stake…
The stock market has surged to record highs since Kamala Harris entered the presidential race in July. Will the good vibes continue if she wins the White House? The answer might differ sector-by-sector. Fortune surveyed analysts and academics about what stocks could rally on a Harris victory, as well as what companies might see their…
If Donald Trump wins next week’s election and returns to the Oval Office in January, it will have direct consequences for U.S. business and the economy—and by extension for individual Americans’ stock portfolio. This means it’s a good time for investors to assess their holdings and to consider what sectors might thrive or suffer under…
There’s still plenty of buying opportunities left before companies report their latest earnings, according to Bank of America. The Wall Street investment bank sees a host of companies whose stocks have room to appreciate. CNBC Pro combed through Bank of America research to find buy-rated stocks that the bank argues are a must own heading…