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...
Jeremy Grantham, celebrated investor and co-founder of GMO, has prognosticated a 70% probability of a stock market crash in the near future. Drawing similarities between the current condition of the market and historical economic downfalls, Grantham accentuates the potential vulnerability of the market. Initially, Grantham had calculated an 85% chance...
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...
The New York Stock Exchange and Nasdaq, the two biggest stock-trading venues in the U.S., have declared that they will be closed on Tuesday in recognition of the Fourth of July holiday. Furthermore, Monday’s trading, which marks the start of the second half of 2023, will end three hours early...
