Trading was muted this morning after coming off of a losing week amid red-hot inflation data. Still, the major averages are not far from their record highs. The S&P 500 is 0.8% off its all-time high. The Dow and Nasdaq sit 1.3% and 1.2%, respectively, away from...
One of the biggest threats to corporate America is ransomware. The growing possibility of losing access to the essential or confidential digital property is a nightmarish scenario for executives as the financial consequences can be enormous.
But it’s not just major companies that are...
Inflation woes squashed enthusiasm yesterday after a red-hot October CPI reading pushed up bond yields, causing stocks (especially tech stocks) to slide. This morning trading was muted as market participants took to the sidelines.
One area of the market that can provide substantial rewards...
This morning, investors were cautious after the major indices broke their winning streaks to finish yesterday’s session lower. The move came on the heels of another hot inflation reading. Yesterday the Labor Department reported an 8.6% increase for the producer price index from October one year ago...
Stocks were mixed this morning after another record-breaking day for the major averages. In yesterday’s session, the S&P added 0.9% to close above 4,700 for the first time. The Dow and the Nasdaq also ticked up to post record closes.
Today's stock pick has...