-
US Stocks Slip, Tech Rises On Solid Holiday Sales, Treasury Yields Soften: What's Driving Markets Monday?
Monday, November 27, 2023 - 2:14pm | 1296U.S. stocks are kicking off the week with a slight dip, as all major indices trade in the red in New York, except for the tech stocks of the Nasdaq 100, which are showing positive momentum following the release of encouraging data after Black Friday. Initial data from Adobe and Salesforce indicates...
-
EXCLUSIVE: Cannabis Equity Report Features Q2 Data For Michigan, California, Florida, Illinois
Monday, July 24, 2023 - 10:05am | 592Zuanic & Associates' latest Key States equity report takes us "in the weeds" with state-level data, revealing crucial insights and trends that may impact the industry in the year ahead. Key Trends: State-Level Data Despite fundamentals taking a backseat to federal reform news flow...
-
BENZINGA TV EXCLUSIVE: Things Are Bad, Are Better Times Coming?
Friday, September 30, 2022 - 4:02pm | 281On today's (Sept. 30) episode of "PreMarket Prep," host Mitch Hoch spoke to Ryan Detrick, chief market strategist at CarsonGroup about USA Core PCE Price Index, and why September was the worst month ever and October may bring good news and some green back to the markets. "...
-
BENZINGA TV EXCLUSIVE: When Will The Fed Stop Hiking Interest Rates?
Thursday, September 29, 2022 - 3:58pm | 209On today's (Sept. 29) episode of the "Stock Market Movers," host Mitch Hoch speaks to Lance Robert, chief strategist for RIA Advisor, to find out his thoughts on the bear market, Fed hikes and the Bank of England. Stock Market Movers is all about covering the top stock market...
-
So-Called 'MAGA' Stocks Lose $1T Market Value In A Single Day
Tuesday, March 17, 2020 - 1:42am | 427The so-called "Make American Great Again" stocks touted by President Donald Trump last month lost more than $1 trillion in market capitalization on Monday. What Happened Microsoft Corporation (NASDAQ: MSFT), Apple Inc. (NASDAQ: AAPL), Google parent company Alphabet Inc. (NASDAQ: GOOGL) (...
-
Stock Market Gets Lift On Deal To Reopen Govt.; Positive Trade, Fed News Also Help
Friday, January 25, 2019 - 6:48pm | 2137Stocks finished the week on a high note as cautious optimism from earlier in the week ended with solid gains. Buying momentum continued amid news of a deal to temporarily reopen the U.S. government, positive commentary from the administration on the U.S.-China trade front, and a report that the Fed...
-
Market Rebounds On Trade Optimism, Tech Bounce; Jobs Report Stronger Than Expected
Friday, January 4, 2019 - 11:41am | 1756A stronger-than-expected government report on the nation’s employment situation provided investors with some good news to cap a dismal week that saw worries about global economic growth ratchet up. Total nonfarm payrolls in December surged 312,000, well above the 180,000 jobs economists in a...
-
EUR/USD Forecast: Recovering From The Flash Crash, But Bears Are In Control
Thursday, January 3, 2019 - 12:12pm | 587EUR/USD is stabilizing after suffering ricochets from the flash crash. Stocks and US data will provide further guidance. The technical chart remains mixed for the pair. EUR/USD is trading just below 1.1400 but above the lows of 1.1306. Currency markets suffered a "flash crash" which was...
-
Bear in the Woods: Buyers Might Still Be Hard to Find Coming Back From Holiday
Wednesday, December 26, 2018 - 10:59am | 1644There’s an old saying in trading circles: “Don’t try to catch a falling knife.” After a string of bruising losses— with the major stock indices down nearly 15% since the start of the month—it seemed market participants were all waiting for others to be the first...
-
Day After: Still Digesting Big Sell-Off After Rate Decision, Awaiting Nike Earnings
Thursday, December 20, 2018 - 11:49am | 2362(Thursday Market Open) A day after the Fed hiked rates and stocks fell to new lows for the year, the dominant theme seems to be rehashing what the Fed said and what it might mean for the coming months. There’s a sense that even though the Fed stepped back from three hikes in 2019 and now only...
-
The Market Is Fighting To Remain Positive
Wednesday, June 16, 2010 - 3:33pm | 144The market is trying to remain in positive territory heading into the last half hour of trading. The Dow Jones has see sawed between negative and positive territory all day. The market has had to digest a lot of negative news today. There was the dividend suspension at BP (BP). The New York Stock...
-
Consequences of Rising Fed Rates
Thursday, January 7, 2010 - 6:21pm | 208If the Fed must raise rates due to very strong employment numbers this Friday you will see: Dollar UP due to the fact that investors will move into the dollar as rates rise. Bonds DOWN due to the fact that bond values move opposite to rates and rising Fed rates will raise all rates at least...
-
Stocks Little Changed After Mixed Economic Data
Friday, September 25, 2009 - 11:26am | 90US Stock Markets are trading near the flat line today after several pieces of economic data provided a mixed picture of the economy. New home sales were slightly up in August but the results were below expectations. Some analysts see this disappointment as the ending of the $8,000 home buyer tax...