Stocks pulled back sharply last week as renewed inflation concerns sparked worries of extended rate hikes, erasing nearly all of 2023’s market gains. Tough talk from Fed Chair Jerome Powell during his testimony before Congress on Tuesday suggested that the course of interest-rate hikes could steepen...
Seeking out great stocks to buy is important, but identifying quality investments is only half the battle. Many would say it's even more important for investors to know which stocks to steer clear of. A losing stock can eat away at your precious long-term returns. So, figuring...
Pressures on the financial sectors were in the spotlight last week as headlines took markets on a wild ride resulting in returns that varied widely across all asset classes. Despite a sell-off on Friday, the Nasdaq and the S&P 500 posted solid weekly gains while the...
Investors have been pouring into rapidly developing AI tech names over the past few months, and this is likely just the beginning. According to Grand View Research, the global artificial intelligence market reached a valuation of $136.55 billion in 2022. It’s projected that by 2030...
Stocks oscillated between gains and losses last week but closed modestly higher amid concerns over the banking system, Fed outlook, and recession risks. The S&P 500 added 1.37%, the Dow rose 1.15%, and the Nasdaq finished the week 1.81% higher.
This week, we'll...