How’s your 401 (k) going? With technology stocks leading the way, the Nasdaq Composite COMP, + 1.97% just entered unknown territory. Tesla TSLA, + 9.82% brought out a new high. So did Netflix NFLX, + 2.98%. And Amazon AMZN, + 4.11% It reached $ 3,000 for the first time. Whatever …
Read More »Wall Street Stock Market Outlook Stuns CNBC Host Joe Kernen
“ ‘People are woefully underinvested. There are $ 5 trillion in money market funds. So I think the markets are going up. I think they are going up much more than people think. We can stop here for a while … but I think you’ll get a rocket in the …
Read More »Dow futures are up 400 points to start the week, led by a surge in China markets
US stock index futures rose sharply early Monday to begin the first full week of trading in July, with investors linking at least part of the uptrend emanating from Wall Street to a powerful rebound in China. However, Monday’s optimism in the market contrasts with a continued rise in coronavirus …
Read More »Increase nearly 400 points after strong job report despite record rise in new daily coronavirus cases
US stocks rose on Thursday as investors digested a stronger-than-expected monthly employment report amid a growing number of new cases of coronavirus. The US financial markets will be closed on Friday and the bond market will close an hour earlier at 2 pm ET on Thursday, and the Independence Day …
Read More »The return of the March panic is the biggest risk to the S&P 500 right now. Here is the trigger
Hope for the COVID-19 vaccine and optimism ahead of employment data are boosting stocks as a long holiday weekend of July 4 awaits US investors. But as cities and businesses roll back reopens, some suggest caution with June payrolls (weekly jobless figures are coming, too). Christopher Dembik, head of macroeconomic …
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