Tag: DJIA
-
Markets have been celebrating disinflation, but it may be bad for stocks
[ad_1] While investors are celebrating signs suggesting U.S. inflation is slowing down, such a trend may negatively impact company earnings and in turn weigh on stock prices, as companies release their second-quarter financial results while the Dow Jones Industrial Average is on pace to record its 12th straight day of advance. “Stock prices are a…
-
Stock-market ‘meltup’ to continue if no recession signs, says Steve Eisman of ‘Big Short’ fame
[ad_1] “‘So far there’s no evidence of recession, and so long as there’s no evidence of recession, I believe the market will continue to melt up.”” — Steve Eisman, managing director at Neuberger Berman That’s Steve Eisman, whose bets against collateralized-debt obligations tied to the U.S. housing market catapulted him to international fame following the…
-
Stocks are making a run for record territory. Will the Fed end its rate hikes anyway?
[ad_1] Stocks have been closing in on record territory, which isn’t supposed to be a key worry of the Federal Reserve. But after a dizzying three years of pandemic extremes, the stock rally has become a source of market angst, right as the Fed attempts a final chapter in its epic rate hiking saga. “There…
-
U.S. stocks may be a better bet than those in China and Europe, says Goldman Sachs
[ad_1] Most economists are expecting a recession to hit the U.S. in the next 12 months and company earnings growth to become stagnant in 2023, but Goldman Sachs is much more optimistic. While economists polled by the Wall Street Journal forecast a 54% chance that the U.S. would see a recession in the next 12…
-
U.S. stocks mostly lower, though Dow heads for longest winning streak in nearly 6 years
[ad_1] U.S. stock were mostly lower Thursday, though the Dow Jones Industrial Average was on track to rise for a ninth straight session in what would be its longest winning streak in nearly six years. How are stocks trading The S&P 500 SPX was off by 12 points, or 0.3%, at 4,553. The Dow Jones…
-
Why investors should not expect positive economic data to push S&P 500 materially higher as good news already priced into stocks
[ad_1] The U.S. stock market has been rallying on hopes of a “Goldilocks” economic environment, where inflation falls and glides back down to the Federal Reserve’s 2% target, while relatively stable economic growth helps stocks and bonds log strong rallies. That would be a continuation of a trend that started in early June, whereby economic…
-
What is the Dow Theory? Here’s why it matters as the Dow Jones Industrial Average touches a 2023 high.
[ad_1] One of the oldest methods for anticipating where the U.S. stock market could be headed is making a comeback as the Dow Jones Industrial Average touches a fresh 2023 high. It’s called the Dow Theory, and it dates back to the dawn of the 20th Century, when U.S. investors chiefly had two major stock-market…
-
Commercial real-estate price drop only getting started, says Morgan Stanley
[ad_1] The U.S. economy isn’t the only thing unwilling to capitulate despite sharply higher interest rates. Commercial real-estate prices have been heading lower in the wake of the pandemic and the Federal Reserve’s inflation fight, but the bulk of the pain still looks poised to come, according to Morgan Stanley analysts. Prices for apartment buildings,…
-
Nasdaq leads U.S. stocks higher ahead of busy week of earnings
[ad_1] U.S. stocks nudged higher Monday afternoon, shaking off disappointing data on China’s economy from earlier in the day that had damped risk appetite across global markets. Meanwhile, investors are gearing up for a busy week of second-quarter corporate results as earnings season ramps up. What’s happening The Dow Jones Industrial Average DJIA, +0.29% rose…
-
Investors start to fret that China, Europe may drag U.S. economy down with them
[ad_1] It’s not just U.S. recession risks that investors care about anymore, but whether China and Europe could drag the world’s largest economy into a downturn. That was the case on Monday following disappointing second-quarter growth data from China which overshadowed comments from Treasury Secretary Janet Yellen, who said she sees no U.S. recession. European…