Oil Rebounds on US Crude Draw Forecast
Day Ahead: Top 3 Things to Watch
(Bloomberg) -- The biggest exchange-traded fund that profits from U.S. stock volatility has added more than $600 million of new money in less than a week.The ProShares Ultra VIX Short-Term Futures ETF (ticker UVXY) now boasts $2.2 billion in assets, up from $1.6 billi...
Here’s a preview of the top 3 things that could rock markets tomorrow.1. Retail Sales, Jobless Claims, Philly Fed, Industrial Output DueWith a host of retailers reporting earnings this week, retail sales for July will likely come under added scrutiny as investors loo...
Three of the four major indices, including the S&P 500 (SPY), NASDAQ 100 (QQQ), and the Dow Jones (DIA) inched to new highs, while the Russell 2000 (IWM) struggled in its current price range.It is important for IWM to keep pace with the other indices, for it ...
The S&P 500 climbed to fresh highs, led by a jump in communication services after strong quarterly results from social media companies set the stage for Google and Facebook to rally to records. The S&P 500 rose 1.01% to a record intraday high o...
U.S. stocks were higher after the close on Friday, as gains in the Technology, Utilities and Healthcare sectors led shares higher.At the close in NYSE, the Dow Jones Industrial Average added 0.68% to hit a new all time high, while the S&P 500 index added 1.01%, an...
Google (NASDAQ:GOOGL) recently joined the list of growing companies to postpone their back-to-work plans as the Covid-19 delta variant continues to spread.Along with Google, Apple (NASDAQ:AAPL) has previously extended working from home for the same reason.With large c...
The rout in China equities accelerated in recent weeks amid Beijing’s increasingly aggressive regulatory crackdown on its domestic businesses. The market bounced in Thursday’s trading session (July 29) after diving earlier in the week, but on a year-to-date basis a ...
(Bloomberg) -- An insurrection in the home of American democracy just became the latest shock that’s failed to derail the global bull market.The armed attack on the seat of government -- unprecedented in modern history -- is leaving nary a dent in most assets, unders...
Rocket Companies (RKT) and UWM (UWMC) have been on the radar of Reddit forum wallstreetbets (WSB) thanks to the financial services industry’s improving prospects with the economic recovery this year. However, their bleak current financials and growth potential make t...
GDP had a big miss yesterday, coming in at 6.5%. Normally, that would be a great number, but when expectations were for 8.5%, that’s a huge miss. Pending home sales also came in weaker than expected, falling 1.9% for the month versus estimates for a gain of 0.3%—dis...
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