January 30, 2024
“…Meanwhile, Friday’s January employment report is expected to show that employers added 165,000 jobs. Shares of SoFi Technologies soared 22% in early action, set to retake their key 50-day moving average line. Early Monday, the company reported earnings of 2… Continue Reading…
January 3, 2024
“Drugmakers including Pfizer, Sanofi and Takeda Pharmaceutical plan to raise prices in the United States on more than 500 unique drugs in early January, according to data analyzed by healthcare research firm 3 Axis Advisors. The expected price hikes come as the pharmaceutical industry gears… Continue Reading…
July 24, 2023
“The S&P 500 edged higher Monday as investors awaited a batch of key earnings reports and a major policy decision from the Federal Reserve. The Dow Jones Industrial Average gained 0.16%. The S&P 500 and Nasdaq Composite rose 0.29% and… Continue Reading…
June 14, 2023
“The European Central Bank is about to test the resilience of the continent’s banking industry by making lenders repay about half a trillion euros in cheap pandemic-era loans — in one go… As €476.8 billion of TLTRO loans come due… Continue Reading…
May 12, 2023
“…Banks in Europe and the US are vying to play a role in structuring and arranging new debt-for-nature swaps, deals that yield fees and boost their profile in the sustainable debt market. Developing countries with valuable ecosystems are turning to… Continue Reading…
November 29, 2022
“Stocks closed lower Monday as social unrest from China’s prolonged Covid restrictions weighed on markets. The Dow Jones Industrial Average lost 497.57 points, or 1.45%, to end at 33,849.46. The S&P 500 dropped 1.54% to end at 3,963.94. The Nasdaq… Continue Reading…
September 13, 2022
“…“Our ’22/’23/’24 base case estimates are now 3%/13%/14% below consensus, respectively,” a team of Morgan Stanley analysts led by Mike Wilson write in a recent note to investors. “In our base case, 2023 now marks a modest earnings contraction (-3%… Continue Reading…
May 9, 2022
“…The S&P 500 traded as low as 4,021.16 on the day, as all sectors dipped into the red. Amid the losses, the benchmark 10-year Treasury note yield hit its highest level since late 2018, trading well above 3%. Rising rates continued… Continue Reading…
January 28, 2022
“The market is set to wrap up a roller-coaster week with the S&P 500 headed for its worst month since March 2020. The Dow Jones Industrial Average rose about 220 points, or 0.7%. The S&P 500 ticked up 1.3%. The… Continue Reading…
November 4, 2021
“…The sector’s most popular benchmark, the Energy Select Sector SPDR ETF (NYSEARCA:XLE), climbed another 10% in October to bring its year-to-date gain to a market-beating 54.3% thanks to the oil price rally as well as stellar earnings… Nearly 60% of S&P 500… Continue Reading…
Recent Comments