Stocks ended Thursday’s session little changed as investors digested strong employment data while they monitored the latest news from the U.S.-China trade negotiations. The Dow Jones Industrial Average gained just 28.01 points, or 0.1% to close at 27,677.79. The S&P 500 advanced 0.16% to 3,117.43 while the Nasdaq Composite gained less than 0.1% to close […]
Stocks To Watch
Wall Street Has Given Up on These 3 Stocks, and That’s a Huge Mistake
Wall Street loves a story, often pushing stocks to extremes based on a mutually agreed-upon narrative. That feels great when the narrative is a positive one, but it can sting pretty badly when the story is negative. The thing is, mercurial investors often go too far on the upside and the downside as they extrapolate […]
Billionaire businessman Ken Langone talks about stocks he likes, including JP Morgan and GE
Billionaire businessman Ken Langone told CNBC that he used Tuesday’s stock market drop as a buying opportunity. “Where else can you go to get some kind of a decent rate of return, than equities,” Langone said. “Balance sheets are in pretty good shape. I think the economy has got 1.5% to 2% in it next […]
3 Embarrassingly Cheap Dividend Stocks
Dividend stocks can be a great source of recurring income for your portfolio. What can make them even better is if they’re low priced, as that will give them the opportunity to generate even better returns through capital appreciation. The stocks might also be at less risk of a correction should the markets turn bearish, […]
The Stock Market Dived on Tuesday, but These 2 Stocks Thrived
Ouch! Tuesday was a day full of pain for investors in top stocks, with the markets sliding downward into the dirt. Very few stocks were spared. On such a day, it’s hard to find any success stories. Thankfully, there were a few amid the rubble. Here’s the skinny on two of these hardy survivors. Luckin […]
What Happened in the Stock Market Today
Major benchmarks snapped a three-day losing streak Wednesday despite a lack of developments on a trade deal and mixed news on the economy. A report from the Institute for Supply Management showed that the service economy continues to expand, but the ADP National Employment Report suggested that job growth is slowing. The Dow Jones Industrial Average (DJINDICES:^DJI) and […]
Stocks making the biggest moves after hours: Alphabet, Salesforce.com, Workday and more
Check out the companies making headlines after the bell: Shares of Google’s parent-company Alphabet edged nearly 1% higher after the company announced that Larry Page will step down as CEO and Google CEO Sundar Pichai will take over as chief executive of the parent company. Pichai will retain his role as Google’s CEO, while Co-Founder […]
Why Gold Stocks Are Soaring Today
What happened The price of gold rallied about 1% today, closing at a nearly one-month high of $1,484 an ounce. That uptick sent most gold stocks soaring. Leading the way were Harmony Gold (NYSE:HMY), Sibanye-Stillwater (NYSE:SBGL), and Coeur Mining (NYSE:CDE), which all rallied around 10% on the day. So what The main factor driving up the price of gold today were comments by […]
3 Stocks to Buy and Hold for Decades
Warren Buffett, arguably the most successful investor in U.S. history, has proven the effectiveness of the buy-and-hold strategy. Buffett has amassed a personal fortune by holding positions for decades armed with a long-term vision, which is why I’ve chosen the three following companies from Buffett’s Berkshire Hathaway (NYSE: BRK.A) portfolio to discuss. These companies fit […]
What Happened in the Stock Market Today
Investors sold off major benchmarks on Tuesday after President Trump ratcheted up trade tensions, threatening new tariffs on more countries and implying that an agreement with China may take longer than the market is currently expecting. The Dow Jones Industrial Average (DJINDICES:^DJI) and the S&P 500 (SNPINDEX:^GSPC) were in the red all day but did close near highs of the session. […]