Goldman Sachs Chief Economist Jan Hatzius said that U.S. stocks and bond markets could possibly “take more of a breather” in the near term, after hitting record highs last week. U.S. stock markets have had a bumper start to 2021, despite ongoing concerns about the coronavirus pandemic. On Friday, markets closed at record highs. Since […]
Micron — Micron shares popped more than 6% after a Citi analyst upgraded the chipmaker to buy from sell, citing a favorable supply-and-demand outlook. Alibaba — Shares of the Chinese e-commerce giant jumped more than 4% after CNBC’s David Faber reported billionaire founder Jack Ma is not missing and he’s just laying low for the time being. There had been […]
At the close of trading next Thursday, the bull market will be ready to run into 2021 but probably at a slower pace. January is the month that Wall Street tradition says sets the tone for the year — “so goes January, so goes the year,” as the saying goes. This January could be challenging, […]
As the stock market surges, the S&P 500 has broken 3,000, a level that potentially signals a longer uptrend for the market.
The S&P broke above its 200-day moving average, a widely watched momentum indicator.
Analysts said the market rally is broadening to include small caps and more cyclical names, another positive sign.
The U.S. economy offers more stable growth and American securities promise more secure cash flows and yield than a globe beset by woes like the coronavirus.
Among the winners is the Vanguard Mega-Cap Growth ETF, made up of large companies viewed as having the most reliable future growth and profitability in these uncertain times.
But valuations and strange moves in speculative-growth stocks like Tesla could be raising some red flags.
Stocks traded lower on Friday amid renewed trade war fears as Wall Street concluded a wild week.
