August 11, 2023

Tech stocks are headed for their worst stretch since December, threatening to unravel 2023’s stock-market rally

The Nasdaq-100 crashed below its 50-day moving average for the first time since March this week, putting it on pace for its worst stretch of losses since December. What’s more, […]

August 11, 2023

U.S. energy stocks are back on top as sector leads Wall Street for first time since last year

U.S. energy stocks have zoomed higher in August, reclaiming their spot as the undisputed market leader for the first time since late 2022, when the sector was among the few […]

August 11, 2023

PayPal’s Stablecoin Is No Libra. Why the Timing Feels Right

Like Facebook’s ill-fated Libra project, PYUSD is getting some pushback in Washington D.C. But its prospects seem more promising, says Michael J. Casey. This week, Rep. Maxine Waters, (D-CA) declared […]

August 11, 2023

U.S. stocks are mixed after higher-than-expected producer price reading for July

Investing.com — U.S. stocks were mixed after producer price data, another reading on inflation, came in higher than expected. By 11:08 ET (15:08 GMT), the Dow Jones Industrial Average was up 76 […]

August 11, 2023

US Housing Market’s Remarkable Comeback: A Deep Dive into the $3 Trillion Rebound

The US housing market, demonstrating impressive resilience, has reclaimed almost $3 trillion in value, negating the substantial losses experienced during the recent downturn, reveals data from Redfin (NASDAQ:RDFN) This remarkable rebound can […]

August 11, 2023

S&P 500, Nasdaq fall as megacaps slide after producer prices data

By Bansari Mayur Kamdar and Johann M Cherian (Reuters) – The S&P 500 and Nasdaq fell on Friday as rate-sensitive megacap growth stocks declined after hotter-than-expected producer prices data for July sent […]

August 10, 2023

Circle preps $1B war chest to deal with market threats from PayPal and others

Circle’s USDC stablecoin has dropped from $45 billion in circulation at the start of 2023 to just $26 billion as the summer winds down. Stablecoin issuer Circle has a $1 […]

Wealthion

August 10, 2023

Have We Truly Dodged A Recession This Year? | Adam Taggart

August 10, 2023

Marketmind: A sticky inflation situation

A look at the day ahead in U.S. and global markets by Amanda Cooper Everyone is laser-focused on U.S. inflation right now. With a relentless set of rate hikes, the […]

August 10, 2023

U.S. stocks jump after better-than-expected inflation report

Investing.com — U.S. stocks are surging after data showed that U.S. annual inflation accelerated by less than expected in July. By 11:28 ET (15:28 GMT), the Dow Jones Industrial Average was up […]

August 10, 2023

U.S. stocks surge after better-than-expected inflation report

Investing.com — U.S. stocks are surging after data showed that U.S. annual inflation accelerated by less than expected in July. By 9:37 ET (13:37 GMT), the Dow Jones Industrial Average was up […]

August 10, 2023

U.S. stocks surge after better-than-expected inflation report

Investing.com — U.S. stocks are surging after data showed that U.S. annual inflation accelerated by less than expected in July. By 9:37 ET (13:37 GMT), the Dow Jones Industrial Average was up […]

August 10, 2023

Exclusive-Canadian pension funds explore $6 billion sale of renewables firm Cubico -sources

By Isla Binnie and Andres Gonzalez NEW YORK (Reuters) – Two of Canada’s biggest pension funds are exploring options including a sale of Cubico Sustainable Investments that could value the […]

August 10, 2023

Exclusive-Canadian pension funds explore $6 billion sale of renewables firm Cubico -sources

By Isla Binnie and Andres Gonzalez NEW YORK (Reuters) – Two of Canada’s biggest pension funds are exploring options including a sale of Cubico Sustainable Investments that could value the […]

August 9, 2023

U.S. stocks are falling as investors await inflation report for July

Investing.com — U.S. stocks wobbled were falling on Wednesday as more corporate earnings rolled out. Entertainment giant Walt Disney is expected to report after the closing bell. By 11:17 ET (15:17 GMT), […]

August 9, 2023

Wall Street drops ahead of CPI inflation data

By Echo Wang and Bansari Mayur Kamdar (Reuters) – Wall Street’s main indexes fell on Wednesday, a day after a report saying Americans borrowed more than ever on their credit […]

August 9, 2023

5 Things to Know Before Markets Open

News of the day for August 9, 2023. Shares of Penn Entertainment surged after it struck a branding deal with ESPN and shares of online loan provider Upstart dove after […]

August 9, 2023

5 Things to Know Before Markets Open

News of the day for August 9, 2023. Shares of Penn Entertainment surged after it struck a branding deal with ESPN and shares of online loan provider Upstart dove after […]

August 9, 2023

Best Dow Jones Stocks To Buy And Watch In August 2023: Apple, Microsoft Drop

The Dow Jones Industrial Average remains in rally mode through the end of July, with the stock market at its 2023 highs. The best Dow Jones stocks to buy and watch in […]

August 9, 2023

Best Dow Jones Stocks To Buy And Watch In August 2023: Apple, Microsoft Drop

The Dow Jones Industrial Average remains in rally mode through the end of July, with the stock market at its 2023 highs. The best Dow Jones stocks to buy and watch in […]

August 9, 2023

Wall St ends lower after bank rating cuts spark wider sell-off

By David French (Reuters) – All three major Wall Street benchmarks finished lower on Tuesday in a broad sell-off after the downgrading of several lenders by credit rating agency Moody’s […]

August 8, 2023

10 ETF Concerns That Investors Shouldn’t Overlook

Exchange-traded funds (ETFs) can be a great investment vehicle for small and large investors alike. These popular funds, which are similar to mutual funds but trade like stocks, have become a […]

August 8, 2023

How to Buy Treasury Bonds and Bills

TreasuryDirect and other ways to buy Treasuries. There are several ways to buy Treasuries. For many people, TreasuryDirect is a good option; however, retirement savers and investors who already have brokerage accounts are […]

August 8, 2023

When Stock Prices Drop, Where Is the Money?

Have you ever wondered what happened to your socks when you put them in the dryer and never saw them again? It’s an unexplained mystery that may never be solved. […]

August 8, 2023

Dow Jones Today: Stocks Tumble on Bank Downgrades, Falling Chinese Exports

U.S. stocks fell Tuesday morning after credit rating agency Moody’s cut its ratings of a handful of small and mid-sized banks, and put several of the country’s biggest lenders under […]

August 8, 2023

Wall St falls as bank shares drop after Moody’s downgrades

By Bansari Mayur Kamdar and Johann M Cherian (Reuters) – Wall Street dropped on Tuesday as financial stocks fell after Moody’s (NYSE:MCO) overnight cut credit ratings on several small- to […]

August 8, 2023

U.S. stocks are falling after bank downgrades pressure sector

U.S. stocks were falling on Tuesday, handing back gains from the previous session as investors awaited the release of a fresh batch of corporate earnings. By 10:40 ET (14:40 GMT), […]

August 8, 2023

Global stocks fall, dollar rallies as weak China data disappoints

By Herbert Lash and Harry Robertson NEW YORK/LONDON (Reuters) -Global stocks skidded and the dollar jumped on Tuesday after Moody’s (NYSE:MCO) cut the credit ratings of 10 small to mid-sized […]

August 8, 2023

20 Golden Rules of Investing to Live By

1. If it sounds too good to be true, it’s definitely not true! 2. Anyone promising returns over 15% per year should be asked why they’re not counted among the […]

August 8, 2023

20 Golden Rules of Investing to Live By

1. If it sounds too good to be true, it’s definitely not true! 2. Anyone promising returns over 15% per year should be asked why they’re not counted among the […]