Expect more volatility after a week of mixed market signals

Expect more volatility after a week of mixed market signals

All major stock averages finished higher for the week as Friday afternoon’s rally returned the Dow Jones to positive territory. Leading the action were several key economic reports, including November’s ADP nonfarm payrolls and jobs report and October’s personal spending report. Most important, perhaps, was Federal Reserve Chairman Jerome Powell’s comment to the Brookings Institute, … Read more

Jim Cramer’s Top 10 Things to Watch on Friday: Jobs, Chips, FedEx

My top 10 things to watch on Friday, December 2, 2022 1. US stock futures point to lower open as bond yields rise on stronger November job growth and wage inflation expected. Nonfarm payrolls increased by 263,000. The nation’s unemployment rate remains stable as expected at 3.7%. Average hourly wages increased 0.6% month-on-month and 5.1% … Read more

End of a winning week on Fed’s dovish bets

Fri, November 25, 202211:45 AM EST European markets are muted but post a sixth week of gains The European Stoxx 600 index finished unchanged on Friday, capping off an upbeat week that saw it breach a three-month high and secure a sixth week of gains. Major German and French stock exchanges were unchanged as the … Read more

5 things to know before the Stock Exchange opens on Monday 28 November

Traders on the floor of the NYSE Source: NYSE Here are the most important pieces of news investors need to start their trading day: 1. All eyes on China and data Markets face a new test this week after protests erupted across China (more on this below). The unrest, driven by anger over the Chinese … Read more

Apple, Amazon, Tesla, Chipotle, United

Here are Thursday’s biggest Wall Street calls: Piper Sandler Downgrades G-III to Neutral from Overweight Piper said in her downgrade of the apparel company that she has limited visibility. “GIII’s unexpected loss of PVH licenses (Transitional Agreement, Extended Licenses 2025-2027) limits visibility and we downgrade to Neutral.” Barclays upgrades Pentair to overweight from equal weight … Read more

Jim Cramer’s Top 10 Things to Watch Thursday: Inflation, Salesforce

My top 10 things to watch for Thursday, December 1, 2022 1. The new seasonally bullish month starts higher after Wall Street finished a strong November with a powerful rally led by the Federal Reserve on Wednesday. Fed Chairman Jerome Powell says minor interest rate hikes are likely after four consecutive 75 basis point hikes. … Read more

5 things to know before the Stock Exchange opens on Monday 21 November

Traditional turkeys make a quick bubbling sound at Elmwood Stock Farm ahead of the Thanksgiving holiday in Georgetown, Kentucky November 16, 2021. Amira Karaoud | Reuters Here are the most important pieces of news investors need to start their trading day: 1. It’s time to talk about turkey Happy Thanksgiving week. We may have a … Read more

Top Wall Street analysts say they are buying stocks like Disney and Nvidia

Nvidia CEO Jensen Huang demonstrates the NVIDIA Volta GPU computing platform during his keynote speech at CES in Las Vegas on January 7, 2018. Rick Wilking | Reuters While the holiday week ended on a positive note for equities, higher volatility is likely in papers. All eyes are on the upcoming November payroll report, due … Read more

Here are 6 strategies to make your finances recession-proof at any age

Like many Americans, you may be concerned that we are heading into a recession. More than 6 in 10 Americans — 62 percent — believe there will be a recession in the next year, according to the latest CNBC All America Economic poll conducted in early July. Older Americans in their 50s and older feel … Read more

Worried about mishandling money? Try this 7-step financial checkup

As children and teens prepare for “back to school,” now is the time for adults to “get back to basics” when it comes to their finances. Give yourself a financial check. Look at the current state of your finances and figure out what you need to do to get — or stay — on track … Read more