U.S. stock futures are gunning for a green open to kick off the last trading session of the week. Source: Shutterstock Ahead of the bell, futures on the Dow Jones Industrial Average are up 0.69% and S&P 500 futures are higher by 0.67%. Nasdaq Composite futures have added 0.82%. Yesterday felt like a holiday in
(This story is part of the Weekend Brief edition of the Evening Brief newsletter. To sign up for CNBC’s Evening Brief, click here.) Astronomical auction prices may have defined the art market in recent years, but new research shows that over the long-term the value of art has steadily climbed, delivering returns relatively in-line with
November’s surprisingly strong jobs report makes it less likely the Fed will move to cut interest rates, and it could even sound more hawkish when it meets next week. A so-called ‘hawkish’ Fed is one that is more likely to move to tighten policy than make it looser by cutting interest rates or taking other
Back in April, Pinterest (NYSE:PINS) came public in a high-profile offering, with the shares jumping 28% on its first day of trading. The stock price would hit a high of $36 by late August. But since then, things have not gone too well. Keep in mind that Pinterest stock is actually below its initial offering
Chinese electric vehicle maker Nio (NYSE:NIO), likely a favorite of the day trading crowd, has been on a roll of late. However, even with its run higher, the company reminds us of the perils of dancing with low-priced stocks. There’s a reason markets focus on percentages. Source: Sundry Photography / Shutterstock.com Even with a 6.2%
A blowout non-farm payrolls report launched U.S. equities higher on Friday. Can they continue the momentum next week? Let’s look at a few top stock trades that might help. Top Stock Trades for Tomorrow No. 1: Goldman Sachs (GS) At one point, it felt like you couldn’t give Goldman Sachs (NYSE:GS) away — that’s how
In Best Stock Charts for the coming week we discuss our watch stocks. These watch stocks have great stock charts. Using our style of technical analysis we use multi time frame analysis to decide when best to swing trade this stocks and ETF’s.
World Wrestling Entertainment Inc. Chairman Vince McMahon (L) and wrestler Triple H appear in the ring during the WWE Monday Night Raw show at the Thomas & Mack Center August 24, 2009 Ethan Miller | Getty Images Entertainment | Getty Images (This story is part of the Weekend Brief edition of the Evening Brief newsletter.
An Uber banner on the New York Stock Exchange on the day of Uber’s IPO, May 10, 2019. Source: NYSE Check out the companies making headlines in midday trading: Uber Technologies — Shares of Uber slid 2% after the ride-hailing company said more than 3,000 sexual assaults occurred during rides last year in the United
Analysts at the research firm Cowen recently suggested that Lululemon Athletica (NASDAQ:LULU) could be the next Nike (NYSE:NKE). That’s excellent news for Lulu stock. Source: Richard Frazier / Shutterstock.com My only question is, what took Cowen so long to see that? Seriously, that’s been obvious for a long time. On Dec. 3, Cowen raised its
For stocks like Roku (NASDAQ:ROKU), growth has beaten valuation almost every time in this market. Whether it’s ROKU stock, or Shopify (NYSE:SHOP), or (for the most part) the likes of Amazon.com (NASDAQ:AMZN) and Netflix (NASDAQ:NFLX), investors have proven that they will pay almost any price for solid growth. Source: JHVEPhoto / Shutterstock.com And so, for
On Tuesday, the second day of trading in the month of December, it looked like we could be heading for a rocky month. By the end of the week though, it’s like the recent dip didn’t even happen. That comes after the stellar rally in the stock market today. Equities have bounced nicely over the
“The Wolves of Wall Street I” David Yarrow | Maddox Gallery An homage to excess, featuring the signatures of two Hollywood legends, quickly banked $200,000 from an unnamed buyer this week. The black-and-white “Wolves of Wall Street I,” by famed British photographer David Yarrow, sold at Art Miami within 10 minutes of the art fair’s
China’s President Xi Jinping (L) and US President Donald Trump attend a welcome ceremony at the Great Hall of the People in Beijing on November 9, 2017. AFP Contributor | AFP | Getty Images The Trump administration’s Dec. 15 deadline for new tariffs on China looms large, and while most strategists expect them to be
The stock market is hitting new all-time highs. With it, many of investors’ favorite stocks are becoming rather expensive. There are certainly fewer cheap value stocks today than there were last December, that’s for sure. But don’t despair. The rise in the S&P 500 and other stock market indexes hasn’t caused all stocks to rise
Wall Street is in Santa Claus rally mode at the end of the week. But will it be another and more bearish December to remember? One thing is for certain, blue-chip stocks 3M (NYSE:MMM), ExxonMobil (NYSE:XOM) and Home Depot (NYSE:HD) are showing technical signs that admired income streams will be trumped by capital gains for
The November jobs report delivered today before the opening bell brought some holiday cheer and that was enough to send stocks soaring to close the week as the major equity benchmarks closed higher for a third consecutive day. Source: Provided by Finviz The S&P 500 surged 0.91% The Dow Jones Industrial Average rallied 1.22% The Nasdaq Composite
Today we saw silver (SLV) drop more than 2% and I believe it is still difficult to have high conviction that the lows are in at $16.50/oz. This is divergent from the action we see in gold (GLD), where sentiment is near May levels, and we’ve seen small speculators shed a significant amount of long contracts
Here’s a question for you: How long does it take for you to purchase a vehicle? Let’s say I am buying your favorite ice cream – something that doesn’t cost more than $5. Chances are, you take more time deciding to purchase a vehicle (compared to the ice cream), because it costs so much more.
Whirlpool’s Scan-to-Cook technology Ethan Miller | Getty Images Here are the biggest calls on Wall Street on Friday: Morgan Stanley increased its bull case price target on Tesla to $500 from $450 Morgan Stanley raised its bull case on the stock and said that scenario could play out if the Cybertruck is a success and