The single strangest — and perhaps most important — investing story of 2021 is, of course, the rise of the meme-stock traders. Time and again over the past six months,…
Category: Stock Market
Stocks fall despite unexpected rise in retail sales
Stocks fell on Friday as traders digested a slew of earnings results and a new report on consumer spending that came in stronger-than-expected for June. A print on consumer sentiment…
Stock market drives gains for CalPERS public pension fund
Riding a stock market surge, CalPERS on Monday reported a 21.3% return on its investments over the last fiscal year, reaching a record high-value of $469 billion. The return represents…
Don’t expect the stock market to rally on the back of blowout corporate earnings, Bank of America says
Wall Street is looking for higher earnings from S&P 500 companies in the second quarter. Spencer Platt/Getty Images Wall Street is expecting more earnings beats to come from S&P 500…
Stocks turn higher to trade at records as investors look ahead to earnings
U.S. stocks shook off earlier losses to trade higher on Monday as investors awaited signs of a further rebound in corporate profits with the start of second-quarter earnings season this…
S&P 500, Nasdaq Close at New Highs as Investors Stay the Course
Text size A man wearing face a mask walks past a bank’s electronic board showing the Hong Kong share index in Hong Kong. Asian stock markets followed Wall Street lower…