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Shares of restaurant chains can provide a refuge for long-term investors during market upheavals. Their low-cost meal options, global footprint, and earnings stability are some of the strengths that...
Falling yields encouraged tech dip-buying Typical equity-yield correlations may not be significant now Omicron might be peaking in New York, prompting risk appetite Key EventsAfter a selloff in Asia,...
Shares of Tilray (NASDAQ:TLRY) (TSX:TLRY) gained 13.5% yesterday on news that the cannabis grower posted a surprise second-quarter profit for the newly minted world’s largest cannabis producer,...
Copper prices hit record highs last year and finished with their biggest gains since 2017. Traders hope that continued global recovery from the coronavirus pandemic will keep the rally going in the...
Wall Street has started 2022 on a down note. In the first trading week this year, the Dow Jones, the S&P 500 and the NASDAQ 100 were down about 0.3%, 1.9% and 4.5%, respectively.Meanwhile,...
A triple whammy from the Federal Reserve to tighten monetary policy sent Treasuries into a tailspin last week and boosted yields on the 10-year note to 1.77% by Friday. On Monday, yields spiked above...
On Friday, Jan. 14 Q4, 2022 earnings season officially kicks off when JPMorgan Chase (NYSE:JPM), along with other global investment banks, release their quarterly corporate report cards.Analysts...
After coming under intense selling pressure last week, chipmaker NVIDIA (NASDAQ:NVDA) is slipping into a bear market.The sell-off, which pushed semiconductor sector shares more than 18% lower from...
Markets eye US CPI and earnings season Treasury yields touch 1.8% Bitcoin under pressure Key EventsAfter a mixed Asian session on Monday, US futures on the Dow Jones, S&P 500 NASDAQ and Russell...
LLY, one of the best-performing pharma stocks in 2021, was down over 6% in the first week of the new year. Wall Street concurs that innovation across its core therapeutic areas has meant increased...
Economists have been debating whether the US consumer will stay strong in the new year. The International Monetary Fund (IMF) expects global economic growth to be shy of 5% in 2022. Meanwhile, The...
A hawkish turn by Federal Reserve policymakers, disclosed in the minutes of their mid-December meeting published last week, led to a market sell-off as the overdue recognition that sustained inflation...
Crude prices will be led this week by what the US government reports for stockpiles, while the gold trade will closely watch the Consumer Price Index (CPI) as commodity markets enter greater...
Stocks and bonds selling off in tandem...that's highly unusual Big banks kick off Q4 earnings season The first week of trading in 2022 proved to be volatile, with the turbulence likely to continue...
US equity markets will likely face another volatile week as surging bond yields pressure high growth stocks which have contributed massively to a relentless rally since the pandemic-triggered crash in...
Stocks on Wall Street ended lower to wrap up the first trading week of 2022 on Friday. The NASDAQ suffered its biggest weekly drop in almost a year as soaring Treasury yields sparked a massive selloff...
In the commodities world, they’re called ‘softs’. But really robusta coffee, sugar, cocoa and orange juice can be labeled ‘fun commodities’ because of the joy people have...