|Day's range||157.15 - 163.95|
PayPal Holdings Inc. shares closed at a record high Thursday after the company announced the sale of its $5.8 billion U.S. credit portfolio, and executives told investors that it expected to earn more ...
Parent company L Brands Inc. killed off Victoria’s Secret swim and apparel line back in July, but four months later the decision is still a drag on the company’s bottom line.
Tesla Inc. shares rose on Friday, a day after the Silicon Valley car maker unveiled its promised electric commercial truck and surprised observers by showing off a new version of the Roadster, the costly ...
Wall Street has been keenly watching the noninvestment grade bond market, otherwise known as junk bonds, for signs of cracks that could ripple across the broader market.
China’s 10-year bond yield spiked this week to a three-year high of 4% as worries about tightening conditions in the Chinese credit market prompted investors to dump bonds. Expect to see similar sort of ...
U.S. stocks are back near record levels, but concerns continue to swirl around whether this historically quiet market is poised for a downturn. If history is any guide, most investors should feel free ...
Renaissance Investment Management’s Michael Schroer highlights Applied Materials and Lam Research. By Phil van Doorn.
The coming week is shortened by the Thanksgiving holiday and culminates in Black Friday shopping. Retail was the focus last week as consumer discretionary and consumer staple sectors were among the leading gainers, and retail could remain front and center over the next few days.
The S&P 500 fell during the week, but found enough support at the 2550 level to turn around and form a hammer. The hammer of course is a bullish sign, and we continue to form them just above the 2500 level. While this market is overextended by just about every metric I use, not to … Continue reading S&P 500 Index forecast for the week of November 20, 2017, Technical Analysis
The biggest risk for investors since the end of the 2008 financial crisis has been, well, ducking risk. Since risky markets like equities hit bottom in early 2009, the U.S. benchmark S&P 500 stock index has tripled, delivering an annualized total return of 19 percent, roughly 15 percentage points a year above what the Bloomberg Barclays U.S. Aggregate bond index delivered. The S&P 500, for example, now trades at 18 times next year's earnings, according to Thomson Reuters data, versus a long-time average of around 15.