Text size Photograph by Andrew Burton / Getty Images BlackRock’s second-quarter earnings increased 22% to $ 7.85 per share higher than expected, while net flows plummeted during the period of market uncertainty. The increase in earnings partly reflected a lower share count after BlackRock (BLK) repurchased part of PNC Financial …
Read More »Trending Stock Market News Friday: Novavax, Ericsson, Boeing
Markets are ending the week on a volatile note, with the Dow turning negative, and the S&P 500 and Nasdaq climbing into positive territory during the session on Friday. These are some of the most important market stories that may have been missed by Friday, July 17. Novavax gets his …
Read More »The hidden risk in your S&P 500 index fund
How much of your retirement savings are you currently gambling with the fortune of just six companies? If you have them on an S&P 500 SPX, -0.14% Stock index fund, the answer is: about a quarter. That’s what the so-called “FANMAG” —Facebook FB, -0.70%, Apple AAPL, -0.46%, Netflix NFLX, -7.44%, …
Read More »Asian markets rebound after Wall Street slips
Asian stock markets were mostly on Friday after Wall Street closed lower amid uncertainty about the US economic outlook. Overnight, the Wall Street benchmark S & P-500 index lost 0.3% after reports including one showing more layoffs. “This may indicate nothing more than a brief pause for repositioning, or a …
Read More »Stock market today with Jim Cramer: Buy Morgan Stanley
The Dow, S&P 500 and Nasdaq fell on Thursday as investors question the strength of the global recovery from the coronavirus pandemic. Netflix is reporting earnings after the bell today and TheStreet provided a guide on how to trade as well as the three keys to watch. TheStreet’s Katherine Ross …
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