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
Tag: turns
China turns a corner on COVID as it lifts quarantines for foreigners
China has turned a corner in its zero-Covid policy, lifting quarantines for foreign travelers from early next year, but that has come with cost as cases are surging and hospitals Read more
Dow turns higher as stocks fight for gains in final hour of trading session
Dow turns higher as stocks fight for gains in final hour of trading session
Walgreens stock rallies after J.P. Morgan turns bullish, citing ‘transformational’ healthcare strategy
Shares of Walgreens Boots Alliance Inc. WBA, +0.49% rallied 1.6% in premarket trading Friday, after J.P. Morgan turned bullish on the drugstore chain and healthcare services company, citing expected benefits Read more
Bond yields inch higher as attention turns to looming inflation data
Bond yields were a touch higher Wednesday but off recent highs as investors absorbed the U.S. midterm election results and awaited crucial inflation data. What’s happening The yield on the Read more
Matt Damon crypto ad turns one. How much you would’ve lost if you invested then
Remember that Crypto.com commercial titled, “Fortune Favors The Brave” that featured movie star Matt Damon? In case you don’t, here’s a refresher. Damon did a now-infamous commercial for the cryptocurrency Read more
Oil turns lower as dollar renews its rise
Oil futures erased an early bounce to turn lower as the U.S. dollar resumed a push higher while investors weigh fears of a global economic downturn against tight crude supplies. Read more
It turns out that bonds may be a riskier investment now than stocks
Stocks are riskier than bonds — everyone knows that. At least until this year. So far in 2022, long-term U.S. Treasurys have significantly underperformed U.S. stocks. The Vanguard Long-Term Treasury Read more
Dow turns green, but market breadth remains red
While the Dow Jones Industrial Average DJIA, +1.21% has bounced into positive territory, market internals suggest the broader stock market is still falling. The number of declining stocks outnumbered advancers Read more
Goldman Sachs turns bearish on stocks, while BlackRock says ‘shun most equities’
It’s been raining caution on Wall Street, with Goldman Sachs and BlackRock the latest big names to turn cool on equities. Days after cutting their year-end S&P 500 index target Read more
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