It may be time to get a little less defensive and shift toward buying some crushed stocks as recession fears intensify, according to Andrew Slimmon, an equity portfolio manager at Read more
Tag: Commodity/Financial Market News
NOAA’s July weather outlook ‘incrementally positive’ for natural gas, says MKM analyst
The National Oceanic and Atmospheric Administration updated on Thursday its weather outlook for July, forecasting above-average temperatures for most of the U.S. MKM Partners Managing Director Leo Mariani said that Read more
GM Q2 sales drop 15%, adding to auto maker’s ‘timing’ woes
General Motors Co. said Friday its second-quarter sales fell 15% from a year ago thanks to supply and production problems that also led the auto maker to dial down quarterly Read more
Guggenheim warns U.S. economy likely entered recession during the second quarter
Recession fears continued to weigh on the stock market this week, as the S&P 500 cemented its worst first-half performance in more than 50 years, and a final reading on Read more
Weekend reads: What’s ahead for the stock market after that brutal first half of 2022
The first half of 2022 marked a big change for investors and consumers, as inflation reared its ugly head. It was the worst start of the year for U.S. stocks Read more
There may be another shoe to drop after Micron’s big outlook miss
Micron Technology Inc. delivered an outlook that fell far short of the consensus view, prompting questions about how the memory market will fare in a downturn. The company expects August-quarter Read more
Weekend reads: What’s ahead for the stock market after that brutal first half of 2022
The first half of 2022 marked a big change for investors and consumers, as inflation reared its ugly head. It was the worst start of the year for U.S. stocks Read more
Crypto crash: How prices for bitcoin and ethereum changed in June 2022
Cryptocurrencies like bitcoin BTCUSD, +3.45% and ether ETHUSD, +3.91% have exploded in popularity in recent years, and are now traded by both individual investors and large companies like Tesla TSLA, -0.36% Read more
U.S. manufacturers grow at slowest pace in 2 years, ISM finds, as demand softens
The numbers: The ISM barometer of American factories fell 3.1 points to a two-year low of 53% in June in another sign the U.S. economy is slowing. High inflation is still Read more
Are financial markets closed July 4?
As the Independence Day holiday approaches, Americans are preparing for a long weekend of barbecues and fireworks shows to celebrate the founding of the United States. During the extended holiday Read more