Benchmarks posted modest gains on Thursday helped by gains in energy shares due to rise in oil prices. The day’s gains were limited as investors remained concerned about first quarter earnings results. A stronger U.S. dollar may negatively impact multinationals’ earnings results while overall weakness in oil prices will weigh on energy shares. Meanwhile, the first quarter earnings season kicked […]
Benchmarks posted solid gains on Monday after weak jobs report raised hopes of a delay in interest rate hike. Friday’s nonfarm payroll data showed job additions slumped to a 15-month low in March. Meanwhile, U.S. service sector growth rate also touched a three-month low last month.For a look at the issues currently facing the markets, make sure to read today’s […]
About the AuthorMatt Coffina, CFA, is editor of Morningstar® StockInvestorSM.Contact Author | Meet other investing specialistsInterest Rates: Gravity for Asset Prices
Investors always hang on the Federal Reserve’s every word, but the obsession with monetary policy is reaching new heights as we approach the first short-term rate hike in almost a decade. The target federal funds rate has been around zero […]
Quick note from Blain: US Investing Champions Mark Minervini and David Ryan (read my review of the workshop) are doing a webinar tomorrow (Wednesday) at 4:30 PM EST. Pretty rare, in fact this is the first one they’ve ever done together. Here’s the link to sign up if you’re interested. I’ll be tuning in myself.Inflation data caused a bit of […]
* Energy shares lower on dollar strength, oversupply concern* Guess posts strong quarterly earnings, shares rally* Indexes: Dow off 0.6 pct, S&P off 0.5 pct, Nasdaq up 0.2 pct (Updates prices, changes comment, byline)By Rodrigo CamposNEW YORK, March 19 (Reuters) – U.S. stocks fell on Thursday as a stronger dollar weighed on oil and other commodity prices, with energy and […]
Benchmarks snapped two-day losses to end in the green on Thursday as mixed economic data reduced fears about sooner-than-expected rate hike. Moreover, mixed economic data put the brakes on dollar rally yesterday. Meanwhile, financial stocks posted solid gains after Fed’s stress tests. However, decline in energy shares following oil price slump limited some of yesterday’s gains. The Dow and S&P […]
Benchmarks suffered huge losses on Tuesday as rate hike fears strengthened the U.S. dollar to a multi-year high against major currencies including the euro. Last week’s strong U.S. job numbers injected fears among investors that the Fed may raise interest rate sooner-than-expected. Moreover, stronger dollar had a negative impact on oil prices yesterday. The blue-chip index witnessed its biggest one-day […]
Markets rebounded to the green on the sixth anniversary of the bull market boosted by mergers and acquisition activity, and gains in industrial and technology stocks. Benchmarks started the week on an encouraging note after a dismal Friday, when positive jobs data had sparked fears of a sooner-than-expected rate hike. Investors also found a buying opportunity yesterday, after the sell […]
Absolutely nothing has changed since I last wrote about this market in June of 2014. If you haven’t read it, you can read it here. The stock market bubble continues to grow, with new all time highs (ATH) being made daily, with no pullbacks, and extremely low volume. We rally on bad news and even higher on good news. Absolutely […]
US financial markets drifted in morning trading on Thursday, with energy stocks among the biggest decliners as crude oil prices fell. Photograph: Richard Drew/AP
Private employers added 212,000 jobs in February, short of a forecast 220,000, although January’s reading was revised upward to 250,000 from the initial 213,000.US stocks were poised for a lower open on Wednesday, putting the S&P 500 […]
