Drew Angerer/Getty Images Global recovery sentiment helped lift US and European stocks higher on Wednesday. The International Monetary Fund lifted its global GDP estimate for 2021 to 6% from 5.5%.
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U.S. Close Modestly Lower But Off Worst Levels Of The Day
After coming under pressure early in the session, stocks regained ground over the course of the trading day on Tuesday. The major averages climbed well off their worst levels of
Continue reading »Stocks were the only major asset class that gained in the first quarter, but Bank of America says 'anemic' returns may be on the horizon
Ramin Talaie/Corbis via Getty Images Stocks were the only major asset class to post gains in the first quarter, according to Bank of America. All 11 equity sectors saw gains
Continue reading »Tech stocks lead rebound as investors show renewed optimism around economic recovery
Brendan McDermid/Reuters US stocks rebounded Wednesday after a sharp sell-off on Tuesday, with the tech-heavy Nasdaq leading the rally. The Fed chair had told Congress the US was recovering faster
Continue reading »Tech Stocks May Come Under Pressure Amid Jump By Treasury Yields
Following the mixed performance seen in the previous session, stocks are likely to move mostly lower in early trading on Wednesday. Tech stocks appear poised to lead any early decline,
Continue reading »Stocks conquered COVID-19 but new headwinds emerge
Ignore the selloff and ‘stick with’ Big Tech stocks: Expert Rosecliff Capital CEO Mike Murphy, Stifel chief economist Lindsey Piegza and Delos Capital Advisors chief investment strategist Andrew Smith provide
Continue reading »Dow Reaches Record High As U.S. Stocks Add To Yesterday’s Gains
Following the tech-led rally seen in the previous session, stocks are seeing further upside in morning trading on Wednesday. With the early advance, the Dow has reached a new record
Continue reading »U.S. Stocks Seeing Volatility As Traders Eye Bond Market Reaction To Jobs Data
After moving sharply lower over the past few sessions, stocks have seen considerable volatility in morning trading on Friday. The major averages have shown wild swings on the day, facing
Continue reading »U.S. Stocks May Show A Lack Of Direction In Early Trading
Following the steep drop seen over the two previous sessions, stocks may show a lack of direction in early trading on Thursday. The major index futures are currently pointing to
Continue reading »U.S. Stocks May Give Back Ground In Early Trading
After ending previous session sharply higher, stocks may give back some ground in early trading on Tuesday. The major index futures are currently pointing to a modestly lower open for
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