Dow Jumps 400 Points As Stocks Rebound Thanks To Solid Earnings, Upbeat Economic Data
Synopsis by Forbes Aug 03 22
Markets surged higher after strong economic data which helped offset ...Read full article 
Forbes: Dow Jumps 400 Points As Stocks Rebound Thanks To Solid Earnings, Upbeat Economic Data
Story Details
| Last Updated | Aug 03 22 |
| Total Articles | 2 |
Main Topics
More news on this subject
Previous
Bitcoin Holds Steady After ‘Halving’ Concludes: Bitcoin price falls slightly after the fourth ‘halving’ event concludes.
barrons.com/articles/bitcoin-ethereum-price-crypto-markets-today-6266eba3
Paid articlePaid
Stock Market Today: Dow, S&P Live Updates for April 19: A selloff in the world’s largest technology companies hit stocks, with the industry that has powered the ...
bloomberg.com/news/articles/2024-04-18/stock-market-today-dow-s-p-live-updates
ECB Rate-Setters Agree on June Cut But Not Much Else Beyond: There’s one thing European Central Bank officials seem to agree on — that a first cut in interest ...
bloomberg.com/news/articles/2024-04-19/ecb-rate-setters-agree-on-june-cut-but-not-much-else-beyond
Israel Credit Rating Downgraded by S&P on Heightened Geopolitical Risk: Israel was downgraded by S&P Global Ratings, which joined Moody’s Investors Service ...
bloomberg.com/news/articles/2024-04-18/s-p-downgrades-israel-rating-on-heightened-geopolitical-risk
Don’t Make This Inheritance Mistake. It Could Cost Your Loved Ones Big Time.: The issue is something called stepped-up basis. Certain assets, including stocks ...
barrons.com/articles/inheritance-tax-charity-donation-mistake-37f90b04
Paid articlePaid
My God, Trump! How dangerous are the nationalist Christians in the USA?: Christian nationalist representatives were present when Trump supporters stormed the ...
nzz.ch/feuilleton/donald-trump-christliche-nationalisten-usa-ld.1825415
Macklem Sees Little Impact of Canada Budget on Fiscal Track: Bank of Canada Governor Tiff Macklem said Prime Minister Justin Trudeau’s recent budget did not ...
bloomberg.com/news/articles/2024-04-19/macklem-sees-little-impact-of-canada-budget-on-fiscal-track
Paid articlePaidQuick Glance: Macklem Sees Limited Impact of Canada Budget on Fiscal Direction
- Bank of Canada Governor Tiff Macklem suggested Prime Minister Justin Trudeau’s recent budget, which balanced increased spending with a capital gains tax hike and improved revenue forecasts, did not significantly contribute to inflationary pressures.
- Macklem informed reporters on Friday that the budget did not alter the government's fiscal trajectory significantly compared to the November fiscal update. It was highlighted that Finance Minister Chrystia Freeland upheld her commitment regarding deficit maintenance and shortfall reduction goals for the future.
- The Governor emphasized the continued adherence of the budget to these guidelines, which was deemed beneficial. He refrained from delving into specific details of budget measures, emphasizing the responsibility of lawmakers to deliberate on the government's fiscal plan.
- Macklem expressed that the latest three inflation indicators showed a sustained downward trend, with the bank awaiting confirmation that this trend will persist to ensure the progress towards price stability is maintained.
Bloomberg Evening Briefing: Wall Street Ends the Week in a ‘Tech Wreck’: Get caught up.
bloomberg.com/news/newsletters/2024-04-19/bloomberg-evening-briefing-wall-street-ends-the-week-in-a-tech-wreck
How France Is Fighting ‘Shrinkflation’: Merchants will be required to put signs in front of all products that have been reduced in size without a corresponding ...
nytimes.com/2024/04/19/business/france-economy-food-prices-shrinkflation.html
Investment Opportunities With Hot Inflation, Higher-for-Longer Interest Rates: Rising prices and high interest rates are frustrating investors ...
bloomberg.com/news/articles/2024-04-19/investment-opportunities-with-hot-inflation-higher-for-longer-interest-rates
Paid articlePaid Latin America Sees Low-Rate Dreams Crumble, Political Woes Rise: The region that led the world into a promising cycle of interest rate cuts is warning that ...
bloomberg.com/news/articles/2024-04-19/latin-america-sees-low-rate-dreams-crumble-political-woes-rise
Paid articlePaid Natural Gas Is Cheap. Why Electricity Isn’t.: A variety of factors—from power-hungry data centers to utilities spending to move toward cleaner sources of ...
barrons.com/articles/natural-gas-is-cheap-why-electricity-isnt-b8e40fdb
Paid articlePaid Biden Trade Chief Sees Conclusion of China Tariff Review ‘Soon’: President Joe Biden’s trade chief said that she expects a conclusion on a review of tariffs on ...
bloomberg.com/news/articles/2024-04-19/biden-trade-chief-sees-conclusion-of-china-tariff-review-soon
Paid articlePaid Wall Street Bonus Rules Return to Regulatory Agenda in Third Try: US financial watchdogs plan to take another crack at regulating Wall Street executives’ pay — ...
bloomberg.com/news/articles/2024-04-19/wall-street-bonus-rules-return-to-regulatory-agenda-in-third-try
Paid articlePaid Wall Street Fires Up Deals for Preferred Shares With Fed on Hold: Fading hopes that the Federal Reserve will soon cut rates are prompting US banks to re-evaluate ...
bloomberg.com/news/articles/2024-04-19/wall-street-fires-up-deals-for-preferred-shares-with-fed-on-hold
Economists Boost US GDP Forecasts, See Fed Rates Higher for Longer: Economists once again upgraded their forecasts for US growth, spending and employment ...
trib.al/uJmLexO
Electric cars, solar panels and wind turbines: dispute over China's overcapacity: Is China flooding the world with cheap solar panels, wind turbines or electric ...
nzz.ch/meinung/chinas-exporte-das-westliche-jammern-ist-scheinheilig-ld.1826559
Netflix (NFLX) Stock Falls as Weak Revenue Forecast Overshadow Subscriber Adds: Netflix Inc. shares tumbled the most in two years on Friday as a weak forecast ...
bloomberg.com/news/articles/2024-04-18/netflix-adds-9-33-million-customers-crushing-street-forecasts
Paid articlePaid Marijuana Stocks Gain Momentum on Cannabis Reform Hopes: Investors have been diving into cheap pot stocks in hopes that a change in US policy will unlock major ...
bloomberg.com/news/articles/2024-04-19/marijuana-stocks-gain-momentum-as-cannabis-reform-hopes-linger
Paid articlePaid TDR Capital Nears Deal to Buy Billionaire’s Stake in UK’s Asda: TDR Capital is closing in on a deal to buy gas-station billionaire Zuber Issa’s stake in Asda as ...
bloomberg.com/news/articles/2024-04-19/tdr-capital-nears-deal-to-buy-billionaire-s-stake-in-uk-s-asda
Paid articlePaid African Critical Minerals Output Could Reach $2 Trillion by 2050: Sub-Saharan Africa could produce almost $2 trillion of metals required for the energy ...
bloomberg.com/news/articles/2024-04-19/african-critical-minerals-output-could-reach-2-trillion-by-2050
Paid articlePaid US Stock Retreat Gives Investor Opening to Buy In, BNY Mellon Wealth CIO Says: The US stock market’s retreat from all-time highs set late last month is giving ...
bloomberg.com/news/articles/2024-04-19/buying-this-dip-is-better-than-cash-bny-mellon-wealth-cio-says
Electric Cars in Norway May Push Diesel Rivals Off Top by 2026: Norway, the pioneer in abandoning combustion-engine automobiles, may see electric cars become the ...
bloomberg.com/news/articles/2024-04-19/electric-cars-in-norway-may-push-diesel-rivals-off-top-by-2026
BofA Strategists Say Rates Jitters Are Fueling Stock Outflows: Investors are pulling money out of equities as a strong US economy and sticky inflation fuel ...
trib.al/AUNi4Ap
Hudson Bay Closes $800 Million Fund to Bet on Special Situations: Hudson Bay Capital Management has raised over $800 million to invest in so-called special ...
bloomberg.com/news/articles/2024-04-19/hudson-bay-closes-800-million-fund-to-bet-on-special-situations
Paid articlePaid Bond Funds Dangling 5% Yields Lure Cash Back to Active Managers: Bond powerhouses including Pacific Investment Management Co., BlackRock Inc ...
bloomberg.com/news/articles/2024-04-19/bond-funds-dangling-5-yields-lure-cash-back-to-active-managers
Paid articlePaid Israel-Iran: Another Mideast Shock for Markets: The revenge cycle shows no sign of letting up. Now, Tehran will weigh the level of escalation.
bloomberg.com/opinion/articles/2024-04-19/israel-iran-another-mideast-shock-for-markets
Paid articlePaid The S&P 500 Can’t Catch a Bid. Why the Index Can Keep Falling.: While the S&P 500 is still up 21% from a late October low, investors now seem to realize that the ...
barrons.com/articles/s-p-500-cant-catch-bid-falling-dip-34202f45
Paid articlePaid Oil Poses More Risks for Yen (JPY USD) as Japan Depends on Energy Imports: As if the yen doesn’t have enough reasons to weaken, risks are emerging that higher ...
bloomberg.com/news/articles/2024-04-19/oil-poses-more-risks-for-yen-as-japan-depends-on-energy-imports
Traders Pull Out of US Stocks, Junk Bonds at Fastest Rate in More Than a Year: The great market rally of 2024 looks dangerously close to unraveling as Wall ...
bloomberg.com/news/articles/2024-04-19/bloated-wall-street-bulls-are-cashing-out-of-markets-en-masse
Fed Interest-Rate Cut Is Not Likely Until End of Year, Raphael Bostic Reiterates: Federal Reserve Bank of Atlanta President Raphael Bostic said he’s comfortable ...
bloomberg.com/news/articles/2024-04-18/bostic-says-fed-can-be-patient-cut-not-likely-until-end-of-year
Paid articlePaid US Imposes Fresh Sanctions on Iran Over Israel Drone Barrage: The Biden administration imposed fresh sanctions on Iran over its April 13 strike on Israel ...
bloomberg.com/news/articles/2024-04-18/us-imposes-fresh-sanctions-on-iran-over-israel-drone-barrage
Paid articlePaid Moody’s Reduces Outlooks on Direct Lending Funds Managed by BlackRock, Oaktree: Moody’s Ratings this week gave private credit investors greater reason for ...
bloomberg.com/news/articles/2024-04-18/three-private-credit-funds-get-moody-s-warning-on-problem-loans
IMF Financial Stability Report: Basis-Trade Section Calls Out Funds’ Bond Wagers: A small group of funds has accumulated such large short wagers in the Treasury ...
bloomberg.com/news/articles/2024-04-18/huge-bond-wagers-make-some-hedge-funds-too-big-to-fail-imf-says
Paid articlePaid Micron to Get $6.1 Billion in CHIPS Act Funding for Plants in New York and Idaho: The new fab to be built near Syracuse, N.Y., could create 50,000 jobs ...
barrons.com/articles/micron-technology-chips-act-funding-3d683fec
Paid articlePaid
Japan Consumer Prices Rose at Slightly Slower Pace in March: Japan’s consumer prices rose at a slightly slower pace in March due to lower energy prices but ...
on.wsj.com/3JnRU0g
Why so Many People Seem to Be Taking Adderall These Days: The forces behind this booming drug use.
bloomberg.com/news/articles/2024-04-18/why-so-many-people-seem-to-be-taking-adderall-these-days
Paid articlePaid US elections: Conservative revolution expected if Trump wins: In a "PRO Global" series, the NZZ wants to show what consequences a second US presidency of Donald ...
nzz.ch/pro-global/falls-donald-trump-gewinnt-ist-die-weltordnung-bedroht-ld.1825041
IMF Says Growth’s Secret Sauce Is American Catch-Up: Data from its latest World Economic Outlook suggest that the more a country’s product and labor markets ...
bloomberg.com/opinion/articles/2024-04-18/imf-says-growth-s-secret-sauce-is-american-catch-up
Paid articlePaid Solar Groups Lobby Biden to Head Off Trade Case Over Import Tariffs: Solar developers are lobbying the Biden administration to bolster support for domestic ...
bloomberg.com/news/articles/2024-04-18/solar-groups-lobby-biden-to-head-off-sector-roiling-trade-case
Paid articlePaid China Outweighs G-7 as Leading Driver of Global Economic Growth: China will be the top contributor to global growth over the next five years ...
bloomberg.com/news/articles/2024-04-18/china-outweighs-g-7-as-leading-driver-of-global-economic-growth
Stock Market Today: Dow, S&P Live Updates for April 19: A selloff in the world’s largest technology companies hit stocks, with the industry that has powered the ...
bloomberg.com/news/articles/2024-04-18/stock-market-today-dow-s-p-live-updates
Quick Glance: Tech Giants Sell-Off Leads to Stock Decline
- A sell-off in the world's largest technology companies negatively impacted the stock markets, as Wall Street traders geared up for the upcoming industry results that have been driving the bull market.
- The tech sector took a hit ahead of earnings, resulting in a decline in the S&P 500 below the 5,000 mark and a loss of over 2% in the Nasdaq 100.
- The S&P 500 experienced its sixth consecutive decline, marking the longest losing streak since October 2022. Nvidia's value loss amounted to over $200 billion.
- Amid a robust US economy and persistent inflation, investors are withdrawing money from stocks, raising concerns about the Fed maintaining higher interest rates for an extended period, as highlighted by Bank of America Corp. strategists.
Shopper sparks outrage after 'paying $7 for a single apple:' 'What economy are we all f--king living in?'
nypost.com/2024/04/18/lifestyle/shopper-sparks-outrage-after-paying-7-for-a-single-apple/
Quick Glance: Outrage Stirred by Expensive Apple Purchase
- A Boston influencer sparked outrage by sharing that she paid $7 for a single apple at Whole Foods.
- The video clip, shared by the woman under the username @via..li, has since been deleted from her own account.
- Despite Whole Foods listing the Organic Sugarbee Apple at $3.99 per pound in most Boston zip codes, prices may vary at different outlets.
- The TikTokker claimed the apple cost $7, causing outrage among viewers, although some expressed doubts about her story.
Home Sales in March Had Biggest Decline in 16 Months: Sales of previously owned homes decreased 4.3% from the prior month to a seasonally adjusted annual rate of ...
on.wsj.com/3Q8Iqdf
Stock market today: Stocks slide for the 5th straight session: The S&P 500 hit its worst losing streak since last October as investors recalibrate amid forecasts ...
markets.businessinsider.com/news/stocks/stock-market-news-fifth-loss-fed-speakers-rate-cuts-delay-2024-4
Stock market to bottom amid fresh selling, wait to buy the dip: Fundstrat: The S&P 500 could bottom out in the next month, according to Fundstrat's head of ...
markets.businessinsider.com/news/stocks/stock-market-outlook-sp500-bottom-buy-the-dip-sell-fundstrat-2024-4
Stock Market Today: Dow, S&P Live Updates for April 19 - Bloomberg: A selloff in the world’s largest technology companies hit stocks, with Wall Street traders ...
bloomberg.com/news/articles/2024-04-18/stock-market-today-dow-s-p-live-updates
Paid articlePaid Stagflation Trade Is Roaring Back in S&P 500’s Month of Pain: The stagflation trade is standing out in a month where almost every stock benchmark and thematic ...
bloomberg.com/news/articles/2024-04-18/stagflation-trade-is-roaring-back-in-s-p-500-s-month-of-pain
Paid articlePaid Stocks could jump 13% even with dimming rate-cut outlook: Fundstrat: The S&P 500 could end the year at 5,700 even if the outlook for Fed rate cuts doesn't ...
markets.businessinsider.com/news/stocks/stock-market-fed-rate-cut-outlook-inflation-sp500-rally-fundstrat-2024-4
Don't Freeze Up When On Expectation Breakers: Here's why we ramped up exposure in stocks based on the Nasdaq 100. More important ...
investors.com/research/swing-trading/nasdaq-100-qqq-expectation-breaker/
Nasdaq, S&P muted as higher bond yields weigh: U.S. stocks closed near the unchanged mark on Thursday, as investors sifted through the latest corporate earnings ...
reuters.com/markets/us/futures-rise-chip-stocks-bounce-back-after-sell-off-2024-04-18/
Live news: S&P 500 and Nasdaq post fifth session loss in a row
ft.com/content/c6330edb-244d-445c-87cc-e29292d6edda
Tesla (TSLA) Model 2 Is Crucial to Investment Thesis, David Baron Says: A prominent Tesla Inc. investor on Wall Street warns his bullish case would be in ...
bloomberg.com/news/articles/2024-04-18/tesla-tsla-bull-david-baron-warns-ditching-cheaper-model-2-thesis-changing
Paid articlePaid
S&P 500 marks its longest losing streak since January: NEW YORK — Sinking technology stocks sent Wall Street lower again on April 17, dragging the S&P 500 to ...
postandcourier.com/s-p-500-marks-its-longest-losing-streak-since-january/article_714eb9d8-fcfc-11ee-89f0-636c352c069e.html
Earnings Season Can Save the Bull Market From Inflation: US stock market valuations have expanded in the face of sticky inflation on the promise of big gains in ...
bloomberg.com/opinion/articles/2024-04-19/earnings-season-can-save-the-bull-market-from-inflation
Paid articlePaid Las Vegas Sands Is Worst Performer in S&P 500 After Earnings Beat. Here’s Why.: The casino company filed first-quarter adjusted earnings of 75 cents per share ...
barrons.com/articles/las-vegas-sands-worst-performer-sp-500-c004faa6
Paid articlePaid
S&P 500 Breaks Below 5,000 at End of Jittery Week: Markets Wrap: Stocks came under renewed pressure as big tech sold off, with traders also refraining from ...
dailymaverick.co.za/article/2024-04-19-sp-500-breaks-below-5000-at-end-of-jittery-week-markets-wrap/
How To Delete Tesla's Sinking Stock From Your Portfolio: Tesla used to be a magnificent S&P 500 stock every investor wanted to own — now it's a ...
investors.com/etfs-and-funds/etfs/sp500-how-to-delete-teslas-sinking-stock-from-your-portfolio/
Generac Is the Top S&P 500 Stock Lately. Why That Points to a Challenge for the CEO.
barrons.com/articles/generac-stock-ceo-gains-weather-e4db2576
Paid articlePaid
S&P 500: Expect A 20%+ Crash: The S&P 500 faces a dangerous situation with three major events and could drop sharply by over 20% in the near term ...
seekingalpha.com/article/4684714-s-and-p-500-expect-a-20-percent-plus-crash
Paid articlePaid Where Will The S&P 500 Bottom?: S&P 500 has declined for five consecutive days, testing the 5,000 level in a market pullback. Find out where will the S&P 500 ...
seekingalpha.com/article/4684692-where-will-the-s-and-p-500-bottom
Paid articlePaid
Brilliant Strategy: The Best Funds and ETFs to Invest in Now: Discover the best funds with €uro's fund notes, which include shares from Apple, Berkshire Hathaway ...
boerse-online.de/nachrichten/geld-und-vorsorge/gross-gleich-gut-finden-sie-die-besten-etfs-20354794.html
Looking Back At Equity Factors In Q1 2024 With WisdomTree: Richard DruryBy Pierre Debru This year started on a strong note, with global equity markets gaining 8 ...
seekingalpha.com/article/4684690-looking-back-at-equity-factors-in-q1-2024-with-wisdomtree
Paid articlePaid Goldman Sachs: The experts are now betting on these new growth stocks: New high ROE growth stocks added by Goldman Sachs, including Amazon, Uber and Pfizer.
boerse-online.de/nachrichten/aktien/goldman-sachs-auf-diese-neuen-wachstumsaktien-setzen-die-experten-jetzt-20355554.html
S&P 500 stock index posts its fifth loss in a row; Netflix subscriptions jumped last quarter
postandcourier.com/s-p-500-stock-index-posts-its-fifth-loss-in-a-row-netflix-subscriptions-jumped/article_870c5a4a-fd1b-11ee-be03-ef275c53df40.html
Stock Market Today: S&P 500, Nasdaq Extend Losing Streaks: The two indexes have closed lower for five straight sessions.
kiplinger.com/investing/stocks/stock-market-today-sandp-500-nasdaq-extend-losing-streaks
Ensemble Fund Q1 2024 Investment Update: Ensemble Fund's quarterly letter reviews the fund’s first quarter 2024 performance and highlight a couple portfolio ...
seekingalpha.com/article/4684442-ensemble-fund-q1-2024-investment-update
SPY: Resurgent Inflation, Soaring Yields, Geopolitical Turmoil - 1970s All Over Again?
seekingalpha.com/article/4684300-spy-resurgent-inflation-soaring-yields-geopolitical-turmoil-1970s-all-over-again
Paid articlePaid TSMC Outlook Beats Estimates as AI Demand Helps Propel Business: Taiwan Semiconductor Manufacturing Co. expects revenue to rise as much as about 30% this quarter ...
bloomberg.com/news/articles/2024-04-18/tsmc-posts-first-profit-growth-in-a-year-after-global-ai-boom
Yuan (CNY USD) Usage Making Larger Share of International Payments, Swift Says: The Chinese yuan is accounting for a growing share of international payments ...
bloomberg.com/news/articles/2024-04-18/yuan-usage-extends-global-climb-as-euro-share-slips-swift-says
A $9.5 Trillion ESG Investor Group Wants Private Market Reforms: Global ESG investors with $9.5 trillion under management say it’s time to demand more ...
bloomberg.com/news/articles/2024-04-18/a-9-5-trillion-esg-investor-group-wants-private-market-reforms
Summers: Another Trump term would bring ‘inflationary spiral,’ big deficits: Former Treasury Secretary Larry Summers warned Wednesday that a second Trump ...
thehill.com/homenews/campaign/4601150-summers-trump-term-inflationary-spiral/
Ayala’s ACEN to Spend $15 Billion to Quadruple Power Capacity: ACEN Corp., the energy unit of Philippine conglomerate Ayala Corp., expects to spend $15 billion ...
bloomberg.com/news/articles/2024-04-18/ayala-s-acen-to-spend-15-billion-to-quadruple-power-capacity
Paid articlePaid EU to Discuss Paradigm Shift at Competitiveness Summit: Welcome to the Brussels Edition, Bloomberg’s daily briefing on what matters most in the heart of the ...
bloomberg.com/news/newsletters/2024-04-18/eu-to-discuss-paradigm-shift-at-competitiveness-summit
Citi (C) Holds Call for 125 Basis Points of Fed Rate-Cuts in 2024: Economists at Citigroup Inc. are going out on a limb by wagering that virtually everyone on ...
bloomberg.com/news/articles/2024-04-17/citigroup-says-wall-street-is-wrong-to-slash-fed-rate-cut-bets
Banxico’s Espinosa Says It’s Too Soon for a Long Easing Cycle: Mexico central bank Deputy Governor Irene Espinosa on Wednesday said it’s too soon to talk about a ...
bloomberg.com/news/articles/2024-04-17/banxico-s-espinosa-says-it-s-too-soon-for-a-long-easing-cycle
BOE Governor Expects Sharp Drop in UK Inflation Next Month: Bank of England Governor Andrew Bailey expects a sharp drop in Britain’s inflation rate next month ...
bloomberg.com/news/articles/2024-04-17/boe-governor-expects-sharp-drop-in-uk-inflation-next-month
Paid articlePaid Lindner Says Germany Should Avoid Copying US IRA as It Doesn’t Reduce Inflation: German Finance Minister Christian Lindner warned his coalition partners against ...
bloomberg.com/news/articles/2024-04-17/german-finance-chief-lectures-us-on-spending-at-washington-event
Paid articlePaid Next
New to NewsWall?
Sign up now to get your own personalized news!
Trending topics