Stocks were little changed this morning after another record high for the Nasdaq. After a four-day winning streak, the Nasdaq broke 15,000 for the first time yesterday, bringing its YTD gains to more than 16%.
Online sales have been boosting revenues of a few...
Stocks were looking to add to yesterday’s gains this morning. Investor sentiment was boosted by FDA vaccine approval hopes, optimism around the Fed’s Jackson Hole Symposium, and some new signs of policy support in China. Tech shares were higher in early trading.
Notably, as...
Stocks were looking to start the week in the green this morning as Wall Street awaits existing home sales data. We know that the red hot housing market has been cooling off, today we’ll get a clearer picture of exactly how much and where. Data is expected...
Stocks were flat to start the final trading session of the week. All three major benchmarks are on track to close the week lower. So far, the S&P 500 is down 1.4% for the week while the Dow is down 1.75% and the Nasdaq is 1.9% lower...
Stocks were lower in early trading today amid concern that the Federal Reserve could initiate a taper in bond buying sooner than expected. Minutes from the July 27-28 FOMC meeting revealed that Fed officials felt their employment benchmark for reducing emergency monthly purchases “could be reached this...