Traders on the floor of the New York Stock Exchange on Aug. 4, 2022. Source: NYSE Stock futures dip slightly in overnight trading Sunday after the market suffered a down week as 2024’s rally took a breather. Futures on the Dow Jones Industrial Average fell 47 points or 0.12%. S&P …
We’ve become prisoners of short-rate forecasts. Yeah, the ones controlled by the Federal Reserve. But those fearless investors who have broken out of this self-imposed mental jail are enjoying bountiful returns. Sure, it appears to be nothing but alchemy to the jailers and their powerful protagonists in the media. But …
Was that a change in the market’s character last week, or is it still the same old bull? Thursday’s late air pocket in the indexes makes the question at least worth asking. The setback in the S & P 500 ended an unusually long streak without at least a 2% …
A new ETF is trying to capture profits in the municipal funds space. BondBloxx’s Joanna Gallegos is behind the IR+M Tax-Aware Short Duration ETF (TAXX) — which launched less than a month ago. “When you think about municipal bond portfolios, you really want people to think beyond them and look …
Boeing CEO Dave Calhoun speaks with reporters on Capitol Hill in Washington, D.C., before meeting with a group of senators on Jan. 24, 2024. Jim Watson | AFP | Getty Images Outgoing Boeing CEO Dave Calhoun’s take-home pay fell to $5 million last year after declining a bonus, compared with …
Geopolitical and structural factors have put gold on course to hit $2,600 per ounce within a year, according to one market veteran. The precious metal has hit successive record highs this year, including another on Thursday when spot gold broke above $2,300 before easing slightly. Early Friday it was trading …
Traders work the floor of the New York Stock Exchange. Getty Images Futures tied to the Dow Jones Industrial Average sat near flat Thursday night following the index’s worst session in over a year. Investors also awaited key labor data due Friday morning. Dow futures added 43 points, or 0.1%. …
Banners of the newly-formed and independent General Electric (GE) companies are displayed in front of the New York Stock Exchange (NYSE) on April 2, 2024. GE is opening a new chapter in its history on April 2, its break-up into three independent entities. Timothy A. Clary | AFP | Getty …
Boeing 787-10 Dreamliner, from United Airlines company, taking off from Barcelona airport, in Barcelona on 28th March 2023. JanValls | Nurphoto | Getty Images United Airlines is asking pilots to take unpaid time off next month, citing late-arriving aircraft from Boeing, according to a note sent to pilots. It’s another …
Here are Thursday’s biggest calls on Wall Street: Wells Fargo reiterates Bank of America as overweight Wells Fargo raised its price target on Bank of America to $44 per share from $40. “We nudge 1Q24 EPS higher owing to better than previously est. capital mkts, partially offset by est. FDIC …
