The stock market kicked off the week with a small decline, signaling that the focus for the upcoming week will mainly revolve around inflation, interest rates, and the start of the second-quarter earnings season. The S&P 500, Dow Jones Industrial Average, and Nasdaq Composite all suffered a decrease and fell...
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...
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 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...
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...
