Laurence Fink, chief executive officer of Blackrock Inc., the world’s largest money manager with more than $4 trillion in assets, recently issued a warning to U.S. companies: Stop focusing on short-term returns at the expense of longer-term investments.“It concerns us that, in the wake of the financial crisis, many companies have shied away from investing in the future growth of […]
Chris Hondros / Getty ImagesFA Insights is a daily newsletter from Business Insider that delivers the top news and commentary for financial advisors.Value Stocks May Be Coming Into Favor (BlackRock)The high-growth momentum stocks have recently taken a beating. Biotech stocks are down 15% from their February peak and the recent King Digital Entertainment IPO was a flop, with the stock […]
Originally published March 21, 2014 at 6:51 AM | Page modified March 22, 2014 at 3:29 AM
NEW YORK — An early surge on the stock market evaporated Friday, as health care stocks tugged major indexes down.Biotech companies were especially hard-hit after U.S. lawmakers questioned the pricing of a Hepatitis C drug made by Gilead Sciences.The Standard & Poor’s […]
Benchmarks finished Wednesday’s trading session nearly flat as investors received discouraging economic reports. Modest expansion in economic conditions, greater-than-expected fall in ISM Services Index and dismal private sector hiring were overlooked as an outcome of the bitter winter season. Investors also remained focused on the recent developments in Ukraine.For a look at the issues currently facing the markets, make sure […]
Stock markets around the world usually reflect how much global activity is happening, and how much is anticipated. We are likely still in a post-2008 sub-prime crash period, and investors are still cautious. But the post-crash environment is slowly becoming a memory, and “animal spirits” risk-on investment appetites are returning. Higher global economic activity could translate into the stock market’s […]
Originally published February 28, 2014 at 6:52 AM | Page modified February 28, 2014 at 1:20 PM
NEW YORK — Stocks were mostly higher in late trading Friday as the market mostly recovered from an afternoon stumble. The Standard & Poor’s 500 index edged further into record territory, but weakness in technology stocks held back the Nasdaq composite.KEEPING SCORE: […]
Originally published February 24, 2014 at 6:27 AM | Page modified February 25, 2014 at 6:27 AM
NEW YORK — The stock market ended higher Monday, but a late fade kept it from closing at an all-time high.The market marched broadly higher most of the day, helped by optimism about the economy and more corporate mergers, only to slowly […]
Originally published February 24, 2014 at 6:27 AM | Page modified February 25, 2014 at 6:27 AM
NEW YORK — The stock market ended higher Monday, but a late fade kept it from closing at an all-time high.The market marched broadly higher most of the day, helped by optimism about the economy and more corporate mergers, only to slowly […]
George Soros, the billionaire hedge-fund manager who has broken the British pound and some Republican hearts, is betting that the U.S. stock market could break, too.Soros Fund Management had $1.3 billion wagered at the end of 2013 that the Standard & Poor’s 500-stock index would fall, the Bullion Baron blog reported last week, citing the fund’s latest regulatory filing. It […]
Screenshot, CNBCCarter Worth, the Chief Technical Analyst at Oppenheimer has left the firm for Sterne Agee.
This is big in the world of technical analysts. Worth is known for having predicted the 2007 market top to the week. He does a lot of media, and is widely known for writing what Ritholtz Wealth Management CEO Joshua Brown called The “Greatest. Research. […]
