After a terrible year in 2022, the US stock market saw a big increase in 2023. The S&P 500 has increased by 15.36%, and the tech-focused Nasdaq Composite has gained an impressive 31.69% since the start of January. Multiple factors have caused the sudden rise. One is the paradoxical situation...
Wall Street, for the second day in a row, witnessed a decrease, and a similar decline was observed in both European and Asian markets. In the meantime, Janet Yellen, the U.S. Treasury Secretary, took action in China on Thursday to ease tensions between the world’s two biggest economies. The futures...
As the U.S. stock market opening draws near with just two hours to go, Wolfspeed Inc. (WOLF) has seen a notable 16.5% increase during the pre-market trading session, while Rivian Automotive Inc. Cl A (RIVN) has risen by 7.2%. Concurrently, RBC Bearings Inc. (RBC), Transocean Ltd. (RIG), and R1 RCM...
The S&P 500 index had a strong start to the year, making it the best first half since 2019. Despite concerns about a possible recession in the United States, it now appears that the likelihood of that happening is decreasing. Therefore, there is uncertainty about whether the stock market rally...
Delving into a volatile market—both high-risk and high-quality stocks have experienced surges this year. This typically isn’t the norm, but there’s a logical explanation backing it. Usually, when investors choose high-volatility stocks, thereby increasing their prices, they commonly sell their high-quality stocks. The objective is to benefit from increased earnings...
US stock investors may need to prepare for potential disappointments, as recent warnings from a Federal Reserve researcher suggest. Corporate tax reductions and interest-rate cuts have been driving stock returns for a prolonged period, according to Federal Reserve economist Michael Smolyansky. Smolyansky foresees a rather challenging future for stocks, characterized...
