Inflation report could show CPI moderating with gasoline, travel costs falling

A customer buys eggs at a Kroger grocery store on August 15, 2022 in Houston, Texas. Brandon Bell | Getty Images Inflation is still scorching, but is expected to have moderated in August as gasoline prices have fallen, supply chains have improved and the cost of travel has fallen. The Consumer Price Index will be … Read more

A strong market rally could be weeks away if the U.S. midterm election can put anxious stock investors at ease

If the U.S. midterm election cycle this year is anything like previous ones, the stock market will carve out a major right-hand low around Election Day in November. That should give some hope to beleaguered investors whose equity holdings have suffered double-digit losses so far this year. A significant rally could be in a few … Read more

Why ‘quantitative tightening’ is the wild card that could sink the stock market

Quantitative monetary easing is credited with boosting stock returns and boosting other speculative asset values ​​by flooding markets with liquidity as the Federal Reserve clawed back billions of dollars worth of bonds during the crisis financial crisis of 2008 and the coronavirus pandemic of 2020 in particular. Investors and policymakers may be underestimating what happens … Read more

Robinhood users buy and own businesses “they know, understand and believe in for the long haul”. Here are their favorite stocks.

According to a new index in the brokerage app aimed at new investors, tech companies, electric vehicle makers and some meme stocks are among the overall mix of stocks in Robinhood users’ portfolios. These are stocks like Amazon AMZN, +2.66%, Microsoft MSFT, +2.30%, You’re here TSLA, +3.60%, Apple AAPL, +1.88%, Ford Motor Company F, -0.32% … Read more

US stocks close sharply higher, snap 3-week losing streak with gains led by tech-heavy Nasdaq

U.S. stocks ended sharply higher on Friday, with all three major benchmarks suffering three consecutive weeks of losses, as investors appeared to have priced in another giant rate hike of the Federal Reserve. How Stock Indices Have Performed The Dow Jones Industrial Average DJIA, +1.19% advanced 377.19 points, or 1.2%, to close at 32,151.71. The … Read more

August consumer inflation report could test market recovery in coming week

Stocks could continue to rise early next week as investors await a major consumer inflation report on Tuesday. The consumer price index for August is one of many reports on a busy economic calendar in the week ahead, but it’s the only final data point that market strategists believe could help determine how much the … Read more

Robinhood users buy and own businesses “they know, understand and believe in for the long haul”. Here are their favorite stocks.

According to a new index in the brokerage app aimed at new investors, tech companies, electric vehicle makers and some meme stocks are among the overall mix of stocks in Robinhood users’ portfolios. These are stocks like Amazon AMZN, +2.66%, Microsoft MSFT, +2.30%, You’re here TSLA, +3.60%, Apple AAPL, +1.88%, Ford Motor Company F, -0.32% … Read more

Stocks end higher overall, snapping a three-week losing streak

NEW YORK — Wall Street added to its recent gains on Friday with a broad rally that snapped the market’s three-week losing streak. Them&P 500 closed 1.5% higher, its third straight increase, and ended with a 3.7% gain for the week. That makes it the benchmark’s best week since July. Big gains for technology companies … Read more

Bullish Traders May Like This Remarkable Contrarian Signal

Sophisticated investors will be wary, however. It hasn’t benefited either bulls or bears lately to assume that a march in either direction can be sustained for long without containing sharp reversals. For example, over the past six months, the S&P 500 SPX, +0.66% had a 16% decline, then a 7% recovery, followed by a 12% … Read more

European markets rise after ECB’s record rate hike; The BoE postpones its meeting

Bank of England delays policy meeting after Queen’s death The Bank of England announced on Friday that it would postpone the meeting of its September monetary policy committee for a week after the death of Queen Elizabeth II. The UK is in a period of national mourning following the death of the Queen, Britain’s oldest … Read more