Housing demand has been difficult to forecast even as mortgage rates have declined. Just take a look at homebuilders' quarterly results so far this earnings season. Two of the largest U.S. homebuilders, Lennar (LEN) and KB Home (KBH), reported net new home orders in the third quarter that missed Wall …
Notable SA Analyst Ratings MercadoLibre: Back on its path of margin expansion and hypergrowth By Yuval Rotem. Snowflake: Now, it's finally time to buy this stock aggressively by Gary Alexander. Anavex Stock: A Risky Bet on CNS Drug Development by Stephen Ayers. Weekly Movement US IndicesDow +1.2% to 42,864. S&P …
The bull market in the S&P 500 (^GSPC) began two years ago and shows few signs of slowing down. Backed by rising artificial intelligence euphoria and a surprisingly resilient US economy, the S&P 500 has gained more than 60% over the past two years and is near an all-time high. …
The S&P 500 and Dow Jones Industrial Average hit all-time highs this week. A strong start to the third-quarter earnings season boosted both indexes, offsetting concerns about last month's unexpected rise in inflation. JPMorgan Chase & Co. JPM, Wells Fargo & Co. CFM, Bank of New York Mellon Corp. bk …
Friday's trading session saw another strong rally on Wall Street, with the S&P 500 and Dow Jones Industrial Average hitting new all-time highs, boosted by better-than-expected third-quarter earnings from major U.S. banks. The S&P 500 surpassed 5,800 points, while the Dow Jones Industrial Average surpassed 42,800. Leading the charge were …
Ekaterina Chizhevskaya/iStock Editorial via Getty Images Listen below or as you continue Apple Podcasts and Spotify Delta Airlines (DAL) Third quarter preview: Can lower fuel prices offset the July blackout? (00:23) BlackRock (BLK) is said to be exploring a acquisition from the private credit company HPS. (01:41) OpenAI (MSFT) projections …
100-hour workweeks not uncommon, junior bankers saidMomo Takahashi/BI JPMorgan's chief strategist had something positive to say about stocks for the first time in a long time. Dubravko Lakos-Bujas, chief equity strategist at JPMorgan, said investors should become less defensive. “While it is too early to assume this is a turning …
Wall Street rose on Wednesday as traders cheered a pullback in oil prices and a lack of escalation in the Middle East, particularly regarding potential Israeli retaliation against Iran. The broader market gains reflected optimism ahead of Thursday's Consumer Price Index inflation report and the start of third-quarter earnings season. …
(Bloomberg) — Equities in Asia climbed Wednesday after a tech rally lifted Wall Street and bets on Federal Reserve rate cuts stabilized. Most Read from Bloomberg Shares in Australia and Japan rose as Hong Kong equity futures after sharp declines on Tuesday. Contracts on US equities were little changed after …
Four weeks from now, on November 5, voters will determine what direction our great country will take over the next four years. While not all of the bills coming out of Washington, D.C., are stock market-related, the economic proposals ultimately implemented by the incoming president and Congress will help shape …