NASDAQ Composite
Citadel’s flagship hedge fund rallied 7% in April during turmoil, brings 2022 returns to nearly 13%
Ken Griffin, Founder and CEO, Citadel Mike Blake | Reuters Billionaire investor Ken Griffin’s hedge fund wowed the industry with big outperformance in April, overcoming a brutal market rout and extreme volatility. Citadel’s multistrategy flagship fund Wellington rallied 7.5% last month, bringing its year-to-date performance to 12.7%, according to a person familiar with the returns. […]
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5 things to know before the stock market opens Monday
Here are the most important news, trends and analysis that investors need to start their trading day: 1. Futures fall after Nasdaq’s worst month since 2008 Traders on the floor of the NYSE, April 28, 2022. Source: NYSE U.S. stock futures turned lower on the first trading day of May. The Nasdaq closed out April […]
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Amazon and Google just closed out their worst months on Wall Street since 2008
Getty Images; Chris Ratcliff | Bloomberg | Getty Images Shares of Amazon and Google parent Alphabet just closed out their steepest monthly drops since the 2008 financial crisis. The internet giants both reported weaker-than-expected quarterly results this week, hurt by a combination of macroeconomic factors, the war in Ukraine and tough comparisons to blowout numbers […]
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Wharton’s Jeremy Siegel says the struggling stock market now looks attractive for long-term investors
“If you’re a long-term investor, I think these are values you become interested in the market at,” the University of Pennsylvania finance professor told CNBC. Source
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5 things to know before the stock market opens Friday
Here are the most important news, trends and analysis that investors need to start their trading day: 1. Tech pressures Wall Street premarket; data shows inflation still high Traders on the floor of the NYSE, April 28, 2022. Source: NYSE 2. Amazon falls on ugly forecast and slowest growth since dot-com bust Andy Jassy, CEO […]
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Wealthy investors aren’t convinced big stock market losses mean it’s a buy-the-dip moment
It’s been a tough year to be an investor, and the wealthy are no exception. Losses in both stock and bond markets this year have made portfolio conversations between Wall Street investment advisors and clients more challenging. The most conservative portfolios have done as poorly if not worse than the riskiest portfolios, with bonds offering […]
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5 things to know before the stock market opens Wednesday
Here are the most important news, trends and analysis that investors need to start their trading day: 1. Wall Street to open higher after Nasdaq’s nearly 4% plunge Traders work on the floor of the New York Stock Exchange. NYSE U.S. stock futures bounced Wednesday, getting a boost from Dow stock Microsoft’s more than 5% […]
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Credit Suisse loves these tech stocks, says 3 have upside of more than 130%
Credit Suisse has named a raft of tech stocks it believes will outperform, saying all of them have more than 40% potential upside. Source
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Mohamed El-Erian: ‘Full-scale stagflation worries’ on China Covid concerns slammed global stocks
Investors are now worrying about Chinese growth, in addition to U.S. inflation and Federal Reserve policy mistakes, El-Erian told CNBC. Source
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5 things to know before the stock market opens Monday
Here are the most important news, trends and analysis that investors need to start their trading day: 1. Wall Street set to open lower after Friday’s sharp declines Traders work on the floor of the New York Stock Exchange on March 30, 2022 in New York City. Michael M. Santiago | Getty Images U.S. stock […]
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