indicators

Stocks Are Mixed. Dow Builds On Gains After 2 Retail Beats.

Stocks Are Mixed. Dow Builds On Gains After 2 Retail Beats.

Text size U.S. housing starts in July fell more than expected and to the lowest level since early in 2021. (Spencer Platt/Getty Images) Stocks were mixed in mid-day trading Tuesday after earnings from Walmart and Home Depot topped Wall Street forecasts, but a decline in housing starts provided further evidence of a slowing economy. The …

Stocks Are Mixed. Dow Builds On Gains After 2 Retail Beats. Read More »

The top 10 cities desperate homebuyers are eyeing in search of cheaper housing

The top 10 cities desperate homebuyers are eyeing in search of cheaper housing

New user data from Redfin reveals that a record share of users were looking to move from one city to another in July, many in search of cheaper housing. Home prices and mortgage rates have gone up so much that people are now increasingly looking to move to more affordable areas, according to a new …

The top 10 cities desperate homebuyers are eyeing in search of cheaper housing Read More »

These stocks soared up to 12% after inflation cooled

These stocks soared up to 12% after inflation cooled

Amid the euphoria following what appeared to be the first sign of slowing inflation, stocks staged a broad rally on Aug. 10, with dozens of large-cap stocks rising 5% or more. Those included several tech names that investors loved during the early stages of the coronvirus pandemic, along with cruise lines, credit-card lenders and chip-related …

These stocks soared up to 12% after inflation cooled Read More »

The Nasdaq is on track to exit a bear market --- and the Dow to leave correction territory --- after July CPI reading

The Nasdaq is on track to exit a bear market — and the Dow to leave correction territory — after July CPI reading

The Nasdaq Composite was on track to exit a brutal bear market Wednesday, while the Dow Jones Industrial Average was set to end a market correction, as stocks rallied in the wake of a cooler July inflation reading. The Nasdaq Composite COMP, +2.55% was up 2.5% near 12,810 in midday trade. According to Dow Jones …

The Nasdaq is on track to exit a bear market — and the Dow to leave correction territory — after July CPI reading Read More »

Don't be fooled by a drop in U.S. headline inflation. Markets will be attuned to another figure on Wednesday.

Don’t be fooled by a drop in U.S. headline inflation. Markets will be attuned to another figure on Wednesday.

Traders, investors and economists are all counting on Wednesday’s consumer-price index report to show a decline in the annual headline U.S. inflation rate for July. But there’s another figure buried in the consumer-price index data that has the propensity to jolt markets. It’s called the core year-over-year CPI reading, a measure which strips out volatile …

Don’t be fooled by a drop in U.S. headline inflation. Markets will be attuned to another figure on Wednesday. Read More »

JP Morgan quant who called summer rebound in stocks says rally could continue even if corporate profits decline

JP Morgan quant who called summer rebound in stocks says rally could continue even if corporate profits decline

Investors worried about the next pullback for stocks might want to pause and consider this: the decline in equity valuations since the start of the year already has exceeded the average pullback of other recessionary periods since the early 1990s, according to JPMorgan Chase & Co.’s equity quant Marko Kolanovic. While more Wall Street analysts …

JP Morgan quant who called summer rebound in stocks says rally could continue even if corporate profits decline Read More »

Will the stock-market rally turn into a selloff? This bond-market gauge could tip investors off

Will the stock-market rally turn into a selloff? This bond-market gauge could tip investors off

Now that the Federal Reserve appears to have abandoned its forward guidance tool in favor of being “data dependent” to help inform its future path for rates, investors should keep an eye on this gauge of inflation expectations for signs of a shift in the market’s mood. Watch the five-year break-even inflation rate, one of …

Will the stock-market rally turn into a selloff? This bond-market gauge could tip investors off Read More »

AMD, PayPal, Starbucks, Uber, Paramount, and Other Stocks for Investors to Watch This Week

AMD, PayPal, Starbucks, Uber, Paramount, and Other Stocks to Watch This Week

It’s the peak stretch of second-quarter earnings season, with roughly 150 S&P 500 firms scheduled to report this week. The highlights on the economic calendar will be a pair of purchasing managers’ index readings and jobs Friday. Wednesday’s earnings highlights will be Booking Holdings , CVS Health , eBay , and Moderna . Thursday will …

AMD, PayPal, Starbucks, Uber, Paramount, and Other Stocks to Watch This Week Read More »

AMD, PayPal, Starbucks, Uber, Paramount, and Other Stocks for Investors to Watch This Week

AMD, PayPal, Starbucks, Uber, Paramount, and Other Stocks for Investors to Watch This Week

It’s the peak stretch of second-quarter earnings season, with roughly 150 S&P 500 firms scheduled to report this week. The highlights on the economic calendar will be a pair of purchasing managers’ index readings and jobs Friday. Wednesday’s earnings highlights will be Booking Holdings , CVS Health , eBay , and Moderna . Thursday will …

AMD, PayPal, Starbucks, Uber, Paramount, and Other Stocks for Investors to Watch This Week Read More »

‘Savings are gonna run out’: Already battered by high inflation, Fed’s rate hike will hit lower-income and rural Americans hard

‘Savings are gonna run out’: Already battered by high inflation, Fed’s rate hike will hit lower-income and rural Americans hard

The Federal Reserve hiked its benchmark rate by 0.75 percentage points on Wednesday in an effort to temper the rising costs of consumer goods and services.  While economists say raising the interest rate will help cool consumer demand and hopefully ease record-high inflation, it will also raise the cost of borrowing for everything from houses …

‘Savings are gonna run out’: Already battered by high inflation, Fed’s rate hike will hit lower-income and rural Americans hard Read More »