Tag Archive
Stocks The Latest Fed Bubble
NEW YORK (Fortune) — The Federal Reserve has spent the past year cleaning up after a housing bubble it helped create. But along the way it may have pumped up another bubble, this time in stocks. To head off the worst downturn since the Great Depression, the central bank has slashed interest rates while funneling… »
Shanghai Stocks Shed 5 Lead Selloff In Asia
TOKYO (Reuters) — Asian shares tumbled from multi-month peaks on Wednesday, in a sell-off led by the Shanghai market, as investors booked in profits ahead of more company earnings.Japanese shares gained, but stock indexes in Australia and Hong Kong fell after strong run-ups in the past two weeks. The MSCI Asia-Pacific index excluding Japan fell… »
Weak Stocks Help Bonds Bask In Auctions Afterglow
NEW YORK (Reuters) — U.S. Treasurys rose Friday, sending benchmark yields to their lowest in nearly four weeks, as a weak stocks outlook and signs of subdued inflation allowed bonds to bask in the glow of three well-received auctions this week.Bond investors shrugged off data showing a larger than expected jump in personal income in… »
Healthcare Stocks Slump On Concerns About Regulation
NEW YORK: What’s that sound? That rumbling from Wall Street? The broad market has cooled off this month. But some stocks are taking the June swoon in stride, thank you very much.It’s what basketball broadcaster Marv Albert would describe as the crowd taking up the chant of defense. Many utility stocks, due to their relatively… »
Stocks Peek Up Look To Advance
NEW YORK: Stocks were headed for a higher opening on Tuesday morning as investors reacted to Moody’s saying it will maintain the United States’ credit rating at triple-A. They also awaited the beginning of the two-day meeting of the Federal Reserve.At 5:35 a.m. ET, Dow Jones industrial average, S&P 500 and Nasdaq 100 futures were… »
Steel Stocks Could Benefit From Cash For Clunkers Program
NEW YORK: Congress has finally passed the so-called “cash for clunkers” bill and President Obama is expected to soon sign it into law. So if you have an old gas guzzler you’ve been wanting to trade in, you could wind up getting a voucher for a new car.But even if you already own a fuel-efficient… »
Stocks Stall In June Will Earnings In July Awake The Bull
NEW YORK: The stock market rally has stalled in June. And that has to make you wonder if this is just a healthy pause after a three-month long surge — or the beginning of another brutal leg down like we had last summer.It hopefully is the former. After all, it does seem as if troubled… »
Weak Stocks Have Led The Rally Thats Not Good
NEW YORK: Has rally fatigue finally set in on Wall Street? Stocks have been relatively flat following solid gains in March, April and May.All of a sudden, investors are finding things to worry about again. The spike in long-term Treasury yields and oil prices has people concerned that inflation may be around the corner. And… »
Some Stocks Arent Rallying Heres Why
NEW YORK: Happy three-month birthday, stock market rally! The S&P 500 finished on March 9 at 676.53, its lowest close of the year. (Technically, the market hit its nadir on March 6 when the S&P 500 hit the demonic level of 666.79. But you catch my drift.)It’s hard to believe that only three months ago… »
Bank Stocks May Have Run Their Course
NEW YORK: The recent bank stock rally may have finally run its course.After bottoming out in early March on fears that some of the biggest banks were insolvent, shares across the sector skyrocketed before government regulators finally unveiled the findings of their stress test program for the nation’s largest financial firms in May. Since then,… »