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...
During premarket trading on Thursday, Apple shares saw modest gains, edging closer to a valuation of $3 trillion. Some analysts, such as Wedbush’s Dan Ives, anticipate the company could reach a $4 trillion valuation by 2025. The exact implications of such a massive valuation on market weight remain unclear. With...
On Wednesday, stocks demonstrated potential volatility, particularly within the tech sector. This uncertainty stemmed from apprehensions about further trade restrictions on AI chips, as well as the expected statements from Federal Reserve Chair Jerome Powell. Futures linked to the Nasdaq Composite (^IXIC) experienced a significant decrease, plunging 0.45%. S&P 500...
As the quarter nears its end, the stock market appears to be losing steam amid speculations that investors are coming to terms with the potential delay of a Fed rate hike in 2023. Both the S&P 500 and Nasdaq Composite have experienced five losing sessions in the last six. In...
