Stocks

Stocks soar, S&P 500 hits highest level in three months after key report shows slowdown in inflation

Stocks soar, S&P 500 hits highest level in three months after key report shows slowdown in inflation

Disney stock pops on earnings beat, price hike Stocks close near highs of the session The major averages closed near their session highs, with the Dow up 535 points, or 1.6%. The S&P 500 gained 2.1% and the Nasdaq Composite rose 2.9%. The small-cap Russell 2000 soared nearly 3%. -Jesse Pound Volatility Index quiet into …

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Markets have been extrapolating from one release to the next. Here are bargain stocks that build long-term returns, say these fund managers

Markets have been extrapolating from one release to the next. Here are bargain stocks that build long-term returns, say these fund managers

Wow, that was a shocker: U.S. consumer price growth slowed to 0% in July, the Labor Department reported on Wednesday. Core price growth slowed to 0.3%, which was below forecast. Over the last 12 months, prices have gained 8.5%, also coming in below forecast. The soft reading seems to justify the 13% rally in the …

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Stocks Fall As Inflation Report Looms; Covid Vaccine Maker Crashes

Stocks Fall As Inflation Report Looms; Covid Vaccine Maker Crashes

The Dow Jones Industrial Average was lower Tuesday ahead of Wednesday’s key inflation report — the Labor Department’s consumer price index. Vaccine maker Novavax (NVAX) crashed 31% after cutting its 2022 revenue guidance due to lack of demand for its Covid-19 vaccine. X American International (AIG), Perrigo (PRGO), Planet Fitness (PLNT) and Ralph Lauren (RL), Shockwave Medical (SWAV) …

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Dow Jones Up Despite Fed Fears After Jobs Report; Biden Bill Progress Lifts Solar Stocks; Tesla Stock Falls After This

Dow Jones Up Despite Fed Fears After Jobs Report; Biden Bill Progress Lifts Solar Stocks; Tesla Stock Falls After This

The Dow Jones Industrial Average reversed higher and indexes were off their lows after a shockingly hot July jobs report raised Fed rate hike fears. Solar plays that include SolarEdge (SEDG) were mostly positive, reacting to progress on the Biden spending bill. Tesla (TSLA) fell even though shareholders approved a 3-for-1 stock split. Meanwhile, a …

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Stocks Slide On Strong Jobs Report

Stocks Slide On Strong Jobs Report

The Dow Jones Industrial Average trimmed losses Friday morning after a stronger-than-expected July jobs report. Square-parent Block (SQ) dived as much as 7.6% on its earnings report before slashing losses. And Tesla stock traded lower after shareholders approved plans for a 3-for-1 stock split. X Key earnings movers Friday include AMC Entertainment (AMC), Amgen (AMGN), Funko …

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Sterling falls as BoE expects recession, U.S. futures up

European stocks slip, oil recovers, traders await U.S. jobs data

LONDON, Aug 5 (Reuters) – European equities slipped slightly on Friday but were still set for a weekly gain, while traders waited for U.S. jobs data due later in the session to give clues as to the health of the world’s largest economy. The MSCI world equity index, which tracks shares in 47 countries, was …

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Stocks making the biggest moves midday: Coinbase, AMTD Digital, Restaurant Brands, Alibaba and more

Stocks making the biggest moves midday: Coinbase, AMTD Digital, Restaurant Brands, Alibaba and more

A Burger King restaurant seen in Milton, Pennsylvania. Paul Weaver | SOPA Images | LightRocket | Getty Images Check out the companies making the biggest moves in midday trading on Thursday: Coinbase — Shares of the cryptocurrency exchange jumped about 15% after the company announced a partnership with BlackRock, the world’s largest asset manager, that …

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How one investor applied the lessons of the meme stocks frenzy to blockchain and NFTs

How one investor applied the lessons of the meme stocks frenzy to blockchain and NFTs

Almost two years ago, during the first winter of the COVID pandemic, Roman Tirone was introduced to the world of meme stocks. “I think I had a couple of friends reach out about them to me and I took a look,” the New York City-based investor told MarketWatch. “There was a strong community that was …

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