Post Labor Day sees investors returning to the S&P 500 SPX, -0.77% near all-time highs and some dark economic shadows lurking. Chiefly in the worry corner is Friday’s weak jobs data, which comes against backdrop of higher prices, leading to whispers of dreaded stagflation. Supply chain problems being created by […]
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Battle of the High-Yield Telecom Stocks: AT&T vs Verizon
When it comes to the telecommunications industry, investors, especially with those with an income orientation, typically have two favorites: AT&T Inc. (NYSE:T) and Verizon Communications (NYSE:VZ). Both names are giants in their industry and both provide a high yield, which is why the two telecom stocks are usually owned by […]
Stocks may fall 15% by year-end, warns Morgan Stanley. Here are some portfolio moves investors might consider.
Morgan Stanley’s optimistic view of the economy isn’t keeping it from warning about a looming correction in the U.S. stock market. “The issue is that the markets are priced for perfection and vulnerable, especially since there hasn’t been a correction greater than 10% since the March 2020 low,” said Lisa […]
Stocks struggle amid Delta variant, economy concerns
Stocks fell on Wednesday in directionless trade, extending he previous day’s declines as rising COVID-19 infections momentarily upended expectations about growth. In Tuesday’s regular session, the Dow Jones Industrial Average and S&P 500 Index lost ground, but the technology-laced Nasdaq bucked the trend by posting a marginal gain. The market […]
Stocks end mixed as technology shares outperform; Nasdaq gains 0.3% to set record high
Stocks were mixed on Wednesday, with the major equity indexes beginning September trading near all-time highs. Technology stocks outperformed, and the Nasdaq jumped to a fresh record level. The S&P 500 and Dow each ended little changed. U.S. crude oil prices dipped to hover around $68 per barrel following an […]
Wall Street is chasing stocks higher: Morning Brief
This article first appeared in the Morning Brief. Get the Morning Brief sent directly to your inbox every Monday to Friday by 6:30 a.m. ET. Subscribe Wednesday, August 25, 2021 S&P 500 targets are rising left and right The calendar today reads August 25, but it’s starting to feel like […]
3 Cheap Foreign Telecom Stocks to Buy Now
Over the past few months, the telecom industry has grown significantly, making consistent innovations and improvements based on 5G, the internet of things (IoT), and artificial intelligence (AI). In addition, the industry has been capitalizing on the growing demand for advanced communication services. Consumer fixed data services, in particular, have […]
Stocks gain, S&P 500 and Nasdaq eke out fresh record highs
Stocks climbed to fresh all-time highs on Wednesday, with investors looking ahead to a key Federal Reserve event later this week. The S&P 500 touched an intraday record, led higher by gains in the cyclical financials, energy and industrials sectors. The Nasdaq also set a record intraday high. The Dow […]
High-income network holds only ‘25% of their assets in public stocks:’ TIGER21 chair
Members of the high net-worth membership network TIGER21 hold the majority of their wealth in assets other than public equities, data from the organization suggests. About 25% of TIGER21 member assets are in publicly-traded equities. The plurality of assets (27%) are held in real estate, whereas private equities and cash/cash […]
4 Communication Stocks To Watch Right Now
4 Communication Stocks To Check Out In August 2021 With the increasing concerns of the coronavirus situation, communication stocks could be back in focus in the stock market. After all, we live in a world where communication technologies are essential in our daily lives. Any inability to get in touch […]
Stocks push higher, shaking off earlier losses amid strong earnings
Stocks rose on Tuesday, with investors’ growth concerns and worries over the Delta variant’s spread at least temporarily outweighed by optimism over a batch of better-than-expected quarterly earnings results. The S&P 500 and Dow were higher heading into the afternoon session, with the latter up more than 150 points, or […]
Stocks suffer biggest drop in months as rising COVID cases shake confidence
Rising concerns about inflation and the resurgence of COVID-19 infections among the unvaccinated walloped Wall Street on Monday, with major benchmarks suffering their worst declines since May, even as quarterly earnings continue to reflect a strengthening economic rebound. Fears about broadly rising coronavirus cases drove the Nasdaq and S&P 500 […]
Stocks rise as investors look past disappointing GDP, jobless claims
Stocks rose on Thursday as investors looked beyond a weak set of economic data and a mixed batch of corporate earnings results. Traders also considered a Federal Reserve decision that signaled the central bank was still looking for the U.S. economy to recover further before adjusting its monetary policies. The […]
Stocks rally, zero in on records as markets try to extend win streak
Stocks rallied at the opening bell on Friday, with Wall Street aiming to build on gains for a 4th consecutive session after another batch of strong earnings, which helped push the Dow within view of its record high above 35,000. On Thursday, stocks notched slim gains in rangebound trading, but […]