Apple stock slid more than 2% in morning trading Monday following a burst of analyst reports that suggested early demand for the company’s latest smartphone, iPhone 16, is lagging behind the release of last year’s model around the same time period. The Street reported findings from Citigroup, Jefferies, and TF International Securities analyst Ming-Chi Kuo…
Hong Kong skyline. Billy H.C. Kwok | Bloomberg | Getty Images Asian markets opened mixed Monday, with Hong Kong stocks falling as investors assessed downbeat economic data from China, while several key markets were closed for holidays. Hong Kong’s Hang Seng index fell 0.76% on open, after China released a slew of worrying economic data…
Before taping a Friday “Mad Money,” I always look at the week’s market performance just in case the percentages are noteworthy. They usually aren’t. But this week things were different, very different. The S & P 500 and the Nasdaq had their best weekly gains of 2024, gains that made up for the prior week, which…
The first two trading weeks of September have whiplashed investors. Last week was strong as stocks staged a comeback following favorable updates on inflation and a slew of companies at various analyst conferences. September is known as the worst month of the year for stocks. While all three Wall Street benchmarks are still slightly lower…
Traders work on the New York Stock Exchange floor on Sept. 9, 2024. Spencer Platt | Getty Images U.S. stock futures were little changed on Thursday evening as traders sought to shake off a sluggish September. S&P 500 futures inched lower by 0.02%. Futures tied to the Dow Jones Industrial Average hovered near the flatline,…