Futures for the stock index turned positive Thursday as claims for unemployment benefits fell much faster than expected for the first time, but gains remained suppressed as investors checked a stalemate between Congress Democrats and the White House over a package of coronavirus. What do key benchmarks do? Futures on …
Read More »Warren Buffett said this metric signaled the 2001 crash – now sounding the alarm on global markets
Warren Buffett once wrote that investors would have seen the dot-com crash from a mile away if they had paid attention to what he described in a 2001 Fortune article as “probably the best single measure of where valuations at any given moment stand. “ Known in investment circles as …
Read More »Shares run despite inflation news, Stimulus fear
Text size Getty Images U.S. equities stand despite the lack of progress in efforts to negotiate another stimulus package and further data showing strengthening inflation. Shortly after the open, the Dow Jones Industrial Average averaged 263 points, or 1%, up 27,950. The S&P 500 also advanced 1%, while the Nasdaq …
Read More »Dow 250 points up midday, Nasdaq under pressure as investors expand rotation in cyclical stocks
Stock market benchmarks were mostly higher on Monday as investors checked signs that a long-awaited rotation on Wall Street could be extended into more growth-sensitive equities, at the expense of their high-growth counterparts. Investors also focused on President Donald Trump’s weekend of signing executive orders aimed at extending some elements …
Read More »Gold, Apple and the Stock Market are rising. Negative real rates may be why.
Text size Michael M. Santiago / Getty Images The Nasdaq Composite hit 11,000 this past week – and all anyone wants to talk about is negative real rates. You see, it’s not good enough for the Nasdaq to win 2.5% for the week – and in the process break a …
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