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The S & P 500 made a clean sweep, closing higher every day last week. Aside from Nvidia ‘s earnings report, which turned out to be pretty uneventful in terms of impact on the overall market, investors continued to branch out into stocks beyond tech. For the week, the Dow Jones Industrial Average reflected that […]
An Exxon Mobil gas station in Washington, D.C., on Nov. 28, 2023. Al Drago | Bloomberg | Getty Images With the Federal Reserve now on a rate-cutting campaign, dividend stocks may soon get their moment in the spotlight. Investors looking for lucrative dividend-paying stocks can track the recommendations of top analysts, who consider various aspects […]
The bitcoin rally is generating a false sense of security among investors, according to the strategist behind the so-called granddaddy of gold exchange-traded funds. State Street Global Advisors’ George Milling-Stanley warns cryptocurrency plays don’t offer the stability of gold. “Bitcoin, pure and simple, it’s a return play, and I think that people have been jumping […]
CNBC’s Jim Cramer on Friday previewed next week’s important Wall Street action, suggesting it’s wise to pay attention to a slew of retail earnings as well as reports from Dell and CrowdStrike. He also said that the coming week is typically a good one for the market and advised investors to ring the register on […]
Protean eGov Technologies shares cracked 10% to an intraday low of Rs 1,666 on the BSE as NSE Investments, a non-promoter shareholder, announced plans to offload up to a 20.31% stake in the company through an offer for sale (OFS). The floor price for the issue has been set at Rs 1,550 per share. The […]
Rohit Chopra, director of the CFPB, testifies during the Senate Banking, Housing and Urban Affairs Committee hearing titled “The Consumer Financial Protection Bureau’s Semi-Annual Report to Congress,” in the Dirksen Building on Nov. 30, 2023. Tom Williams | Cq-roll Call, Inc. | Getty Images The Consumer Financial Protection Bureau on Thursday issued a finalized version […]
U.S. House Speaker Mike Johnson (R-LA) speaks to reporters as House Republican leaders hold a press conference at the U.S. Capitol House in Washington, U.S., November 12, 2024. Nathan Howard | Reuters House Speaker Mike Johnson said Sunday that House Ethics Committee’s probe into Matt Gaetz, President-elect Donald Trump‘s pick for U.S. attorney general, is a “Pandora’s box” […]
Money manager John Davi is positioning for challenges tied to President-elect Donald Trump’s tariff agenda. Davi said he worries the new administration’s policies could be “very inflationary,” so he thinks it is important to choose investments carefully. “Small-cap industrials make more sense than large-cap industrials,” the Astoria Portfolio Advisors CEO told CNBC’s “ETF Edge” this […]
CNBC’s Jim Cramer on Friday highlighted the biggest events next week on Wall Street, pinpointing earnings reports from Nvidia, TJX and Walmart. And as postelection worries create an uncertain market landscape, he advised that investors proceed with caution. “Look, I’ve told you that there are many pitfalls with individual stocks when it comes to Trump […]
Pekic | E+ | Getty Images Mortgage rates seem to have steadied. That may be a good sign for the market, experts say. The average 30-year fixed-rate mortgage in the U.S. slightly dipped to 6.78% for the week ending Nov. 14, barely changed from 6.79% a week prior, according to Freddie Mac data via the […]