Gas prices continue to benefit Costco Wholesale Corp., which reported strong July sales after the market closed on Wednesday. The company’s sales for the month were $16.85 billion, compared with Read more
Tag: Markets
Pelosi’s visit to Taiwan rattles global copper markets, but slowing growth in China still the bigger worry
Copper prices fell for the third straight day on Wednesday as tensions between the U.S. and China flared as House Speaker Nancy Pelosi wrapped up her visit to Taiwan, an Read more
Why the U.S. stock rally is starting to a look like a new bull market, according to these analysts
Broader is better when it comes to the stock market rally and some analysts see technical signs that gains may be signaling the end of the 2022 bear market, though Read more
Why Roku’s stock deserves a fresh look, according to Citi
Roku Inc. shares got punished last week after the company delivered a disappointing set of earnings and forecasts, but Citi Research analyst Jason Bazinet doesn’t think the company’s business is Read more
Betting markets now see Democrats keeping their grip on Senate in midterm elections
The Democratic Party’s chances for keeping its grip on the U.S. Senate after November’s midterm elections are continuing to improve, with betting market PredictIt now putting them at 54% — Read more
U.S. gasoline prices have fallen for 49 straight days, approach $4 a gallon
U.S. gasoline prices have fallen for seven straight weeks and are approaching an average price of $4 a gallon, easing the pain of record-high fuel costs amid shrinking global demand for oil. Read more
Opinion: The Fed’s inflation promises are simply not credible
With inflation running high for the last 14 months, we can sadly conclude it’s entrenched, will be difficult to conquer and is hardly the province of the Federal Reserve alone. The Read more
Opinion: There are three reasons health care is the market’s best sector today. These eight stocks are the most worry-free.
You’re tempted to increase exposure to stocks because of the market’s strength. But you’re still gun shy because of the painful selloff. Plus, you’re worried about a recession. What to Read more
Semiconductor ETFs close mixed amid fears of an industry ‘down cycle,’ Pelosi trip to Taiwan
Battered exchange-traded funds focused on semiconductor stocks ended mixed Tuesday, amid concerns about a “down cycle” in the sector and U.S. House Speaker Nancy Pelosi’s visit to major chip-producer Taiwan. Read more
Why Pinterest may be in a better spot than Snap and Twitter
Shares of Pinterest Inc. could be headed for their best one-day performance in more than a year after the company, which lets people collect inspirational ideas, struck a more upbeat Read more