Text size Another day, another touch of technology. The Nasdaq Composite has been outperforming the rest of the market this year, but the preference for the heavy tech index appears to have ended this week. Shortly after Thursday’s opening, the Nasdaq Composite fell 1%, while the S&P 500 and Dow …
Read More »Dividend cuts can mean rethinking your retirement income strategy
If you have dividends to generate retirement income, you may want to moderate your expectations. Wells Fargo joined this week’s list of 773 publicly traded companies, 63 of them on the S&P 500, whose dividends are being reduced or suspended. While you may not have seen many changes in income …
Read More »Dow futures change little as index tries for fifth straight day of gains
A person walks at the Wall Street subway stop in New York City. Angela Weiss | AFP | fake pictures Stock futures changed little in trading overnight Wednesday as the earnings season kicks off, giving investors a clearer picture of the overall health of American companies. Dow Jones Industrial Average …
Read More »Goldman Sachs earnings report: Shares soar after bank crushed estimates
Text size The Goldman Sachs building is seen in lower Manhattan Photograph by Spencer Platt / Getty Images Goldman Sachs Group has just reported an explosive quarter, thanks to an increase in trade and subscription, but Wall Street wonders how long the good times will last. The investment bank’s shares …
Read More »CNBC’s Jim Cramer uses this chart to predict the exact date the stock market could slide.
Bulls, enjoy the next two weeks. Why? Well, according to “renowned trade expert” Larry Williams and his reading of this chart, the end of the month could also mean the end of the rally. CNBC Williams focuses on seasonal market patterns to chart its course, noting that July tends to …
Read More »