S&P 500 Index
The Fed will raise rates in the week ahead but what Fed chief Powell says may matter most
Federal Reserve Chairman Jerome Powell speaks at a news conference following a Federal Open Market Committee meeting on May 04, 2022 in Washington, DC. Powell announced the Federal Reserve is raising interest rates by a half-percentage point to combat record high inflation. Win Mcnamee | Getty Images The week ahead may all come down to […]
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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. Wall Street turns decisively lower after another hot inflation report Traders work on the floor of the New York Stock Exchange NYSE U.S. stock futures turned sharply lower after Friday’s before-the-bell inflation report showed a bigger-than-expected increase. […]
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Annuity sales rise, buoyed by market fears and higher interest rates. What to know before you buy
Svetikd | E+ | Getty Images Annuities are on track for a banner year as consumers flee stock volatility and insurers offer more attractive rates. Limra, an insurance industry group, forecasts annuity sales of $267 billion to $288 billion in 2022, eclipsing the record ($265 billion) set in 2008. Consumers pumped $255 billion into annuities […]
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5 things to know before the stock market opens Thursday
Here are the most important news, trends and analysis that investors need to start their trading day: 1. Futures essentially flat following Wednesday’s declines Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, June 3, 2022. Brendan McDermid | Reuters U.S. stock futures were essentially flat Thursday, as […]
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Here’s when tax-loss harvesting makes sense … and when it doesn’t
When the stock market dips, a strategy known as tax-loss harvesting can be a silver lining. But it doesn’t make sense for all portfolios, financial experts say. Here’s how tax-loss harvesting works: You can sell declining assets from your brokerage account and use the losses to offset other profits. Once losses exceed gains, you can […]
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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. Stock futures fall with the 10-year Treasury yield above 3% Trader on the floor of the NYSE, June 7, 2022. Source: NYSE U.S. stock futures fell Wednesday after back-to-back gains on Wall Street. Adding pressure, the benchmark […]
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Wall Street banks name their top global stocks to play soaring energy prices and the hydrogen boom
From soaring commodity prices to the “multi-billion dollar” hydrogen opportunity, analysts at Morgan Stanley and Bernstein name their top stocks to navigate the booming energy sector. The sector has been one of the few bright spots in a year when the broader stock market has taken a severe beating. Energy is one of just two sectors on the S […]
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Even if oil hits $150 a barrel, J.P. Morgan’s Marko Kolanovic predicts stocks will reclaim 2022 highs
J.P. Morgan’s Marko Kolanovic predicts oil is surging higher — but so are stocks. Kolanovic, who serves as the firm’s chief global markets strategist and co-head of global research, believes the U.S. economy is strong enough to handle oil prices as high as $150 a barrel. “There could be some potential further spikes in oil, […]
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5 things to know before the stock market opens Tuesday
Here are the most important news, trends and analysis that investors need to start their trading day: 1. Wall Street set to open lower as bond yields remain high Traders work on the floor of the NYSE, June 6, 2022. Source: NYSE U.S. stock futures dropped Tuesday, with elevated bond yields playing spoiler again. Sentiment […]
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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. Stocks set to bounce after Wall Street’s losing week Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, June 3, 2022. Brendan McDermid | Reuters Wall Street was set to […]
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