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Equity investors will likely see another bout of volatility next week as concerns grow over the outlook for the global economic recovery after the emergence of the Omicron variant of COVID which has...
Stocks on Wall Street ended lower on Friday, with the S&P 500 wrapping up a volatile week dominated by uncertainty around the Federal Reserve's policy tightening path as well as the impact of the...
Supply-chain issues have been in the spotlight in recent months. The reopening of global economies has meant increased demand in different segments, leading to shortages as well as higher prices. In...
A year-end sell-off is accelerating in raw sugar as concerns about demand are heightened by the new COVID variant, Omicron. After a drop of almost 7% over two weeks, the question...
Yesterday, we pointed out that based on fundamentals, gold should have weakened after the Federal Reserve Chairman, Jerome Powell, made a clear, strong case for tightening monetary policy....
Global coffee chain operator Starbucks (NASDAQ:SBUX) is under pressure after staging a powerful rebound this summer from the pandemic-induced weakness.Its stock, after surging to a record high in...
COVID variant keeps markets on edge Volatility remains The dollar steadies Key EventsAs European shares followed the lead of yesterday's performance on US markets and opened in the red, US futures on...
Streaming entertainment giant NFLX stock is up around 17.5% in 2021. Netflix’s content offerings, such as Squid Game and La Casa de Papel, have helped increase subscriber numbers...
The final week of November brought increased volatility to broader markets. But when looking at the year as a whole, so far the Dow Jones, the S&P 500 and the NASDAQ 100 are up 12.9%, 22.0% and...
Two weeks ago, I asked this pertinent question in my column on natural gas: Could it hit mid-$4 or below, before the cold really arrives in the United States?At the time of my muse, the spot...
Fed Chair Jerome Powell testified before Congress on Tuesday and among other things said inflation is a bigger problem than the central bank had admitted until now. He added that it's now appropriate...
When large companies reveal plans to break up into multiple businesses, Wall Street generally considers it a positive move. These splits typically help executives concentrate on the core business...
Dollar rises despite Powell testimony Treasury yields flatten on Fed hawkishness Oil recovers Key EventsUS equity futures on the Dow, S&P, NASDAQ and Russell 2000 rallied ahead of the New...
Investors in ride-hailing heavyweight Uber Technologies (NYSE:UBER) have not had a good 2021. UBER stock, which trades around $38, is down 25% year-to-date. Shares saw a 52-week low on Nov. 20. The...
Investors were optimistic when November trading opened. October had just produced the best monthly returns in a year.Interest rates were still low, even if the Federal Reserve was starting to warn...
2021 has been a blockbuster year for initial public offerings, with some comparing the latest frenzy to the IPO boom of 1999.While high profile names like Robinhood Markets (NASDAQ:HOOD), and Coinbase...
The past month was a roller-coaster ride for many US stocks and, naturally, the exchange traded funds (ETFs) that track them. The month started with record highs. However, with the new COVID-19...