Amazon is buying Whole Foods for $13.7 bn in a surprise announcement and other supermarkets quake in its wake
Bull and bear markets can reflect the optimism and pessimism of the economy but markets can also run counter to the economic data. They can rise – be bullish – when pessimism dictates they should fall and fall – be bearish – when optimism says they should rise.
You’re ready to add bonds to your investment portfolio because it provides income, and/or as a means to preserve capital. Sound like you? If so, avoid these four common mistakes:
Tech stocks recovered losses made yesterday as the Dow closed up +0.41% to 21,323.48 and S&P 500 moved up +9.35 points to 2,438.74.
The surprise of the day was the sharp technology stock sell off which knocked the tech-heavy index off its record high perch
US market reaction was mixed with trading flat on the Dow and S&P 500 after Comey testimony to Senate Intelligence Committee leaves open the direction of investigations into Trump's inner circle and purported collusion with Russia.
Markets regained some composure after a weak start boosted by gains in the financial sector. Gold drifted down -0.41% along with investor sentiment about the global macroeconomic outlook and oil price plunged on data of an increase in US stockpiles.
A steady decline in yields at the speculative end of high yield debt suggests growing investor appetite.
Markets fell slightly on Monday after a heightened close to the weekend with the terrorist attack in London and the widening rift between Qatar and other Gulf States as part of the fallout. The dollar rose as oil prices slid to $47.35 a barrel.
Due diligence is the process of a thorough and comprehensive investigation of a business. It can be carried out for various reasons: investors will do it as part of their fundamental analysis of a stock; venture capitalists may carry it out before they invest in a business.
It's either a giant shrug of nonchalance or the US investors have already priced in several White House crises. Even a weaker-than-expected jobs report held little sway as the Dow and S&P 500 continued their ascent.
Wall Street advanced to record highs on optimistic jobs growth report filtered through. The Dow climbed 135.3 points to 21,144.18 and S&P 500 nipped up +0.76% to 2,430.06 and NASDAQ climbed +0.78% to 6,246.83.
Energy stocks dragged the Dow Jones index lower at closing as the price of oil dropped 1% to $49.31 a barrel. The index retreated 50 points or -0.24% to 21,029.81 despite a rally in tech stocks.
When it comes to the UK media and entertainment sector you’ll find companies generating revenue from the sub sectors: books, films, TV production, news, gaming, advertising and information publishing.
Investor sentiment and business confidence continues to ride the high from strong Q1 results for retail and strong economic data sending Wall Street to record closes. Bloomberg Consumer Comfort Index identified optimism about personal finances as its buying-climate gauge ascended to 46.7, its highest since December 2001, from 44.8.