Markets pulled back last week after a couple Federal Reserve officials signaled that the Fed may still have to hike rates further to combat persistent inflation – damaging the narrative that the March hike was the final one in the fastest rate hiking cycle in history.
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...
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...
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...
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...