If history repeats itself, equities set for brief relief in July
If history is any indicator of the future, the first two weeks of July could bring relief to investors after a bruising first half of the year.
Here’s how the companies making headlines fared during Friday’s midday trade
Oil prices were expected to decrease for the second week in a row, but after unpredictable trading this week, they reached a floor of over $100 a barrel on Friday, with no obvious replacement for Russian barrels insight in a market already constrained by supply. After surging almost 9% on Thursday, Brent crude futures were […]
Is the Russia-Ukraine conflict having an effect on the global economy?
The conflict between Russia and Ukraine has now become a worldwide economic issue. It is not only causing economic instability in Russia, but the ramifications are also threatening the world economy, causing financial markets to tremble and making life more dangerous for everyone from Uzbek migrant workers to European customers to hungry Yemeni families. Russia […]
Not if or when but how fast?
That the U.S. Federal Reserve will hike rates this year is a no brainer, surely? So the key question then is how fast will it tighten policy given uncomfortably high inflation.
Analysis: Financial literacy or luck? The year small-time traders made a big impact
In May, San Diego-based Emily was feeling flush from a year of double-digit gains earned from trading stocks. Equity options, which some fellow stay-at-home investors were dabbling in, would juice up her returns, she decided.
Futures slump on fresh Omicron worries after vaccine warning
U.S. stock index futures fell sharply on Tuesday after a warning from vaccine maker Moderna’s chief executive on the effectiveness of COVID-19 shots against the Omicron variant hammered travel, energy and banking shares.
Stocks slip, havens rally as new COVID-19 variant spooks investors
Asian stocks suffered their sharpest drop in two months on Friday after the detection of a new and possibly vaccine-resistant coronavirus variant sent investors scurrying toward the safety of bonds, the yen, and the dollar. MSCI’s broadest index of Asia-Pacific shares outside Japan (.MIAPJ0000PUS) fell 1.3%, its sharpest drop since September. Casino and beverage shares sold off […]
Analysis: Musk’s Tesla stock sale poll raises taxing questions
When Elon Musk asked his Twitter followers last weekend if he should sell 10% of his Tesla Inc (TSLA.O) stock, he said he was posing the question because “much is made lately of unrealized gains being a means of tax avoidance.”
Marketmind: Trillion-dollar Tesla
Apple, Amazon, Microsoft, Alphabet… and Tesla. We now have a trillion-dollar EV firm whose 10% surge on Monday lifted Wall Street to new record highs — electric vehicles going mainstream is perhaps encouraging news ahead of the COP26 environment summit.
Marketmind: What could possibly go wrong?
Optimism for the third quarter earnings season has provided a timely boost for equity markets, which flirted with correction territory in September.
