Even the best marathon runners need to take a breather eventually. Unless the race is on Wall Street. Stocks have powered higher since President Trump's election with barely a stumble. That's highly unusual: Market declines are normal and healthy, even during historic rallies. Yet the S&P 500 hasn't retreated 3%, either in...
The U.S. cold snap in January hasn’t affected Wall Street, where stocks remain red hot. And that is heartening to wags who believe in an old Wall Street saying: As January goes, so goes the year. The statistics tend to bear out this “January Barometer,” as it’s called. The barometer...
The major indexes hit fresh record highs. Financial giants BlackRock, J.P. Morgan Chase and Wells Fargo are among the companies set to report quarterly results later this week. Stocks also followed international markets higher. U.S. equities rose to record highs on Tuesday as investors remained optimistic about the market...
See why Coca-Cola, Altria, and Amazon.com have been some of the highest-returning stocks in history. If you're looking for the stock market's next big gainers, a quick history lesson could be helpful. Though successful industries tend to change over time, the characteristics of the most successful companies are often the...
The Nifty50 surpassed the 10,600 mark for the first time ever on Monday. Last week, the index broke out above the previous peak in the daily chart, where it was witnessing strong resistance on several occasions. It is signalling a positive bias as the RSI on daily and weekly...
401(k) investors should break out their rally caps and root for stocks to keep going up in January. The reason: How equities fare in the first month of the year often signals how they will perform for the full year. And, so far in 2018, stocks are in rally mode. They have...
Asian shares crept toward all-time peaks on Monday after Wall Street boasted its best start to a year in over a decade, with brisk economic growth and benign inflation proving a potent cocktail for risk appetites. MSCI's broadest index of Asia-Pacific shares outside Japan added 0.2 percent having climbed 3.1...
A consortium led by SoftBank Group Corp will buy a large number of shares of Uber Technologies Inc in a deal that values the ride-services firm at $48 billion, Uber said on Thursday, in a victory for new Chief Executive Dara Khosrowshahi. The price is a roughly 30 percent discount...
Barclays upgrades Snap to overweight from equal weight and raised its price target to $18 a share. "We've been on the sidelines since the IPO, but feel now is a good time to start accumulating shares," analyst Ross Sandler says. "This whole notion that Facebook is killing ...
Nvidia (NVDA) shares are surging as Wall Street is growing more bullish on the company's opportunities in key secular growth markets. The chipmaker reported better-than-expected fiscal third-quarter earnings and guidance Thursday. Its data center segment sales, where its cards are used for machine learning and artificial intelligence applications, came...
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