The year ahead is promising not to be an easy one for investors as a recession threat looms, but Bank of America is offering some advice on when things might Read more
Tag: Stocks
Dow turns positive, stocks pare losses as market heads for second weekly gain to kick off 2023
U.S. stocks pared early losses on Friday with the Dow turning mildly positive as investors scrutinized more economic data and Federal Reserve commentary following Thursday’s promising inflation report, as well Read more
Tesla is a ‘soft-landing’ stock, says Goldman Sachs. Here are its picks for a gentle economic landing and stocks for a recession.
Pour one out for the beleaguered economists, who for once got an important indicator, the consumer price index, right on the nose, after CPI fell 0.1% in December, while core Read more
Consumer sentiment jumps to 9-month high as inflation ebbs and stocks rebound
The numbers: A survey of consumer sentiment rose to 64.6 in January and hit a nine-month high, reflecting easing worries about inflation and Americans’ greater confidence in their own finances. Read more
U.S. stocks open higher, building on gains ahead of inflation report
U.S. stocks opened higher on Wednesday, building on their gains from the prior session ahead of Thursday’s closely watched inflation report. The S&P 500 SPX, +0.48% gained 15 points, or Read more
Airline stocks fell premarket after FAA says all U.S. flights grounded over computer outage
Airlines stocks fell across the board in premarket trade Wednesday, after the Federal Aviation Administration said a computer outage had led to all U.S. fights being grounded. The agency said Read more
‘A year of two halves’: Stifel’s Barry Bannister expects a near-term rally in U.S. stocks — and trouble later in 2023
Trouble may be brewing in the second half of this year, but there’s a window for a stock-market rally during the first six months of 2023, in the view of Read more
U.S. stocks struggle for direction after Fed Chair Powell speech in Sweden
U.S. stocks were struggling for direction soon after the opening bell Tuesday, following Federal Reserve Chair Jerome Powell’s speech in Sweden amid investor concern over inflation and economic slowdown. The Read more
U.S. stocks end mostly lower Monday despite tech gains
U.S. stocks finished mostly lower Monday, with the Dow Jones Industrial Average giving up gains earlier in the session while a rise in technology shares failed to keep the S&P Read more
Dow gains 700 points as stocks log biggest advance in 5 weeks
U.S. stocks logged their biggest daily advance in more than 5 weeks on Friday as investors reacted to data showing the labor market and wage growth finally starting to cool. Read more