What to make of a record-setting market rally that elicits more mistrust than fear of missing out? The S & P 500 has made an all-time high on nearly thirty days this year, four of them this past week. U.S equity wealth has never been greater, and the index path …
India has been dubbed the “perfect” emerging market to invest in, but it can be tricky for those outside the country to gain access. CNBC Pro assesses the case for buying into this booming economy, the risks to consider — and how global investors can get involved. India’s stock market …
My top 10 things to watch Thursday, June 13 Wall Street was largely higher Thursday after another cooler inflation report . Before the open, an unexpected producer price index drop in May followed Wednesday’s unchanged consumer price index. The S & P 500 and Nasdaq rallied to record highs on …
Broadcom shares surged more than 14% in extended trading Wednesday after the chip and software maker delivered better-than-expected quarterly results, driven by strong artificial intelligence and VMware demand. Broadcom also raised its full-year outlook and announced a 10-for-1 stock split. Revenue in the Club name’s fiscal 2024 second quarter ended …
My top 10 things to watch Wednesday, June 12 Stocks jumped after the May consumer price index came in cooler than Wall Street expected. Bonds yields fell after CPI, with the yield on the Fed-sensitive 2-year Treasury reaching its lowest level since April 5. The Dow , the S & …
When your job is to write a commentary about the stock market you start with a blank Word document. It stares at you and says, “Come up with something noticeable that makes sense of the market.” Right at that moment, the inception, you can go either way. You can detect …
Whatever the ultimate diagnosis for the market’s present condition, symptoms include “mild discomfort with intermittent fever and chills.” For sure, its overall condition is healthy, in the most broadly observable respects. The S & P 500 made a new record high, its 25 th of the year. The index has …
Club holdings Microsoft and Best Buy were the subject of upbeat Wall Street research, while TJX Companies hit an intraday high Friday on the same day it announced plans to enter a new international market. Here’s a closer look at the news and the implications for our investments. MSFT YTD …
European Central Bank hikes inflation outlook for 2024, 2025 The European Central Bank’s Governing Council raised its closely-watched quarterly inflation forecast at its June meeting. Staff now see average annual inflation at 2.5% in 2025, up from a 2.3% forecast issued during the March meeting. The projection for 2025 was …
We danced around it all week. We called out the many culprits for Salesforce’s weak quarterly results on Wednesday — and subsequent stock plunge — including an elongated sales cycle, a measured economic environment, and the need for more senior executives to check off on products. But one we didn’t …