(Reuters) -U.S. investors dumped equity funds in the week to September 10, booking profits at record highs and cutting exposure on caution over lofty valuations and geopolitical tensions in the Middle east and Ukraine. According to data from LSEG Lipper, investors divested a net $10.44 billion worth of U.S. equity funds – the most since…
Micron stock (MU) jumped roughly 8.5% Thursday morning to about $152, the biggest leap since April, when shares jumped roughly 19%. Thursday’s gain put the chipmaker on track for a record close. The gain came as Citi analyst Christopher Danely lifted his price target on shares to $175 from $150, maintaining his Buy rating on…
Stock markets around the world slumped on Tuesday while bond yields rose and gold hit a new high, as investors moved into “stagflation” trades against a backdrop of rising worries over tariffs, inflation and deteriorating government finances. In my column today, I look at the so-called “September effect” in U.S. and other stock markets. Source…
By Nell Mackenzie LONDON (Reuters) -Hedge funds remain hesitant about buying U.S. stocks at the outset of what is often a dour month for markets, even with a potential U.S. rate cut on the horizon, after becoming net sellers in August. More traditional investors also sold more U.S. stock than they bought, Lipper data shows….
US stocks retreated Friday after President Trump threatened Canada with a 35% tariff on its imports to the US and floated higher blanket levies on most trading partners. The S&P 500 (^GSPC) fell 0.3%, while the tech-heavy Nasdaq Composite (^IXIC) dipped 0.2%, both dipping from Thursday’s record highs. The Dow Jones Industrial Average (^DJI) declined…
Stocks ended a holiday-shortened trading week at record highs as a better-than-expected June jobs report cooled fears of a broader slowdown brewing in the US economy. The S&P 500 (^GSPC) rose 1.7% to end the week at a record close of 6,279.35. The Nasdaq Composite (^IXIC) also popped about 1.6% and ended the week at…
Here are some top stocks trending on Yahoo Finance in premarket trading: Wolfspeed (WOLF) filed for Chapter 11 bankruptcy protection on Monday, as the chipmaker grapples with huge debt amid slowing demand from electric vehicle and industrial markets. Shares of the company — which makes chips using silicon carbide, a more energy-efficient material than traditional…
US stock futures held steady as investors weighed improved market sentiment following fresh record highs. Futures attached to the Dow Jones Industrial Average (YM=F), the benchmark S&P 500 (ES=F), and the tech-heavy Nasdaq 100 (NQ=F) slipped 0.1%. On Monday, stocks continued a rally that started last week, with the Nasdaq and S&P 500 notching new…
(Bloomberg) — Short-sellers are capitulating as the S&P 500 Index (^GSPC) keeps hitting record highs and is set for its best year since 2021, while positioning on European stocks remains bearish, further widening the gap between the two markets, according to Citigroup Inc. strategists. Most Read from Bloomberg Investor positioning in S&P 500 futures is…
Microsoft stock (MSFT) was down about 0.8% early Friday after news broke late Wednesday that the Federal Trade Commission has opened a broad antitrust probe into the tech giant. But at least one Wall Street analyst sees the news coming as no surprise and expects changes at the FTC under the Trump administration to make…