“It’s become quite emotive,” one market watcher told CNBC. “Nobody wants to invest in an environment where the government might change its mind overnight.”
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As the TACO trade goes viral, another is gaining traction: ‘Anywhere But The USA’
World
Stock futures inch higher after the S&P 500 posts another record, Wall Street awaits earnings: Live updates
Traders work on the floor of the New York Stock Exchange. NYSE U.S. stock futures ticked up on Monday night after the S&P 500 and Nasdaq Composite closed the regular session with new records. S&P 500 futures and Nasdaq Composite futures each added about 0.2%. Futures tied to the Dow Jones Industrial Average gained 61 […]
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World
Investors usually ‘sell in May and go away.’ Why that may not work this year
“Sell in May and go away?” Some market participants say it could be better to wait and see this year. The old stock market adage speaks to the phenomenon in which the May-through-October stretch has seasonally borne out to be the worst six-month period of returns for stocks. With traders leaving their desks during the […]
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World
Nvidia, Intel call buyers defy the dip in chip stocks
Semiconductor stocks are on the verge of posting their biggest down day since March 30, as a huge early rally in Qualcomm completely reversed after the opening bell. The VanEck Semiconductor ETF (SMH) is now down about 1%, but call buyers in at least two key chip stocks are looking for further gains. One of […]
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