Inflation rises at fastest pace in 40 years, pushed up by record gas prices
The pain of higher prices continues for US consumers. Record gas prices drove inflation to 8.6% for the 12 months ending in May, higher than the pace in April, according…
The European Central Bank Just Helped U.S. Stock Investors
The biggest companies in the market could benefit the most. Investors on Wall Street came in Thursday morning in a downbeat mood, and the stock market seemed to reflect the…
Stock Prices Follow Fundamentals In The Long Run
Most investors take their cue from stock price volatility. They get attracted to stocks whose prices are rising and tend to run for the hills when prices are falling. However,…
U.S. stocks trade down after opening bell Tuesday following Target’s profit warning
Stocks pulled back Tuesday, with Target’s fresh profit warning weighing on other retail shares and putting consumer demand considerations in the spotlight ahead of the government’s latest inflation report due…
IPO Value Plunges 90% in 2022 in US, Europe
IPOs in the U.S. and Europe aren’t doing so well, having fallen 90% in value so far this year, Financial Times (FT) reports. That comes amid several destabilizing factors –…
Energy stocks keep climbing with crude prices as OPEC+ plan disappoints
Energy stocks (NYSEARCA:XLE) rose as crude oil posted a sixth straight weekly advance, after markets shrugged off OPEC’s modest production boost that seems unlikely to make up for lost supply…
Nasdaq, S&P, Dow drop after payrolls rise more than expected
Major market averages shift lower with the opening bell as the U.S. economy added more jobs than expected in May. At the start of trading the Dow Jones (DJI) is…
Conditions for a global stock meltdown have been met, research firm says
The five pillars of global financial stability are faltering dangerously, according to quant research shop Gavekal-IS. Currently, “the conditions for a global equity crash are met,” Gavekal said in a…
Nasdaq, S&P 500, Dow Jones surge despite warning from Microsoft
Optimism returned to Wall Street on Thursday, as investors shrugged off rising economic worries and a warning from Microsoft to send stocks sharply higher. The advance revived the sentiment that…
Recession-resistant Coke (KO)
Coca-Cola (KO) Doesn’t matter if the economy is booming or busting, a can of Coke is affordable to everyone. Add in a healthy dividend that has grown for 59 years…