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Stocks

“…Stocks rise, S&P 500 and Nasdaq hit record highs as stimulus talks roll on”

“Stocks rose Thursday morning, with stimulus talks in Washington still at the center of investors’ attention. The Dow rose about 150 points, or 0.5%, while the S&P 500 and Nasdaq were each up at least 0.6% and touched record intraday… Continue Reading…

Stocks

“7 Sin Stocks To Buy That Will Outperform the S&P 500”

“Sales figures from companies back up the anecdotal evidence that even in economically difficult periods, tobacco and alcohol consumption remain fairly stable… With all that in mind, here are seven sin stocks to invest for the long-run: Advisor Shares Vice… Continue Reading…

Banking, Economy

“10-year Treasury yield erases recent gains as S&P 500 books near 6% loss”

“What are Treasurys doing? The 10-year Treasury note yield TMUBMUSD10Y, 0.767% slumped 9.3 basis points to 0.651%, its lowest since May 29, falling below where it traded before the release of Friday’s jobs report. The benchmark maturity saw its biggest daily drop since… Continue Reading…

Stocks

“Dow and S&P 500 post back-to-back losses, but Nasdaq closes above 10,000 for the first time”

“The Dow Jones Industrial Average and S&P 500  fell for a second straight day on Wednesday as traders once again took profits out of names benefiting from the economy reopening and rotated into mega-cap tech stocks. The S&P 500 closed 0.5% lower at… Continue Reading…

Business

“American Airlines credit downgraded to B- at S&P, the lowest rating among its airline peers”

“Shares of American Airlines Group Inc. AAL, -9.81% rallied 6.2% in afternoon trading, even as the air carrier’s credit rating was cut to a peer-group low of B- from B at S&P Global Ratings. The credit rating agency said the outlook on the… Continue Reading…

Stocks

“S&P 500 erases 1.5% rally, turns negative amid a big drop in tech shares”

“The S&P 500 traded marginally lower after rallying 1.5% to start the session. Earlier in the day, the broader-market index broke above its 200-day moving average — a key level watched by traders — and briefly traded over 3,000. The S&P 500… Continue Reading…

Stocks

“Stock market news live updates: S&P 500 breaks above 3,000 amid vaccine hopes, reopenings”

“Stocks jumped Tuesday, and the S&P 500 traded above 3,000 for the first time since March 5, as hopes for an effective coronavirus vaccine combined with optimism over updates around states’ reopenings and better than expected new economic data. Each… Continue Reading…

Stocks

“Goldman Says Narrow Breadth in S&P 500 a Bad Sign for Stocks”

“The narrowing group of winners in the S&P 500 doesn’t bode well for the future performance of U.S. stocks, according to Goldman Sachs Group Inc. The U.S. benchmark is around 17% below its February record, but the median stock trades… Continue Reading…

Stocks

“…Stocks extend gains, Dow adds 700+ points”

“10:38 a.m. ET: Stocks pare some gains Stocks eased up after surging at market open. Each of the three major indices, however, was still up at least 1%. Gains in the S&P 500 were led by the Energy sector, up… Continue Reading…

Stocks

“Stocks rise, lifting Nasdaq to a record…”

“The Dow Jones Industrial Average gained 161.41 points, or 0.6% to close at 28,745.09. The Nasdaq Composite advanced 0.7% to 9,129.24 and notched intraday and closing records. The S&P 500 climbed 0.5% to 3,253.05and hit an intraday all-time high. The Dow was up as much as… Continue Reading…