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Investors are still dithering about what to do with US Treasuries as yields on the benchmark 10-year note bounce around 1.7%, dipping below that mark on Friday and topping it on Monday. Federal...
After years of uncertainty and underperformance, it seems things are moving in the right direction for America’s largest telecom operator, AT&T (NYSE:T).During the past couple of months, the...
The S&P 500 Index jumped on Friday, closing up 1.66%, to hit a new record. The move was triggered by two catalysts: US President Joseph Biden pledging on Thursday to double the US vaccination rate...
Traders brace for contagion from margin call-induced selloff Oil slides as Suez Canal reopens and lockdowns hamper demand outlook Key EventsFutures on the Dow, S&P, NASDAQ and Russell 2000 as...
The rise in Treasury yields has made the markets jittery. In recent weeks, the US 10-year Treasury yield hit its highest level since late March 2020 and moved above 1.7%. Now it is hovering at 1.67%....
The big question in oil is who’ll win as this week closes: the bears or OPEC+? The 13-member Organization of the Petroleum Exporting Countries and its ten non-member...
There’s probably no metaphor more overworked than the punchbowl the Federal Reserve is supposed to take away when the economic party gets going, even though real punchbowls have gone out of...
Investors returned to buying U.S. equities last week, on optimism that accelerating vaccine rollouts will increase profitability for those companies that were hardest hit by the...
Part of the latest round of stimulus checks sent to American households has been trickling down to retailers, including e-commerce players. Meanwhile, a further opening of global economies could...
Since the initial positive vaccine news in the second half of 2020, investors have been betting that several industries and businesses will benefit from the opening up of economies. One of these...
Intel's (NASDAQ:INTC) new CEO, Pat Gelsinger, has an ambitious plan to revive growth in the world’s largest chip-maker. The strategy, which is a mix of in-house production and outsourcing, comes...
Cotton prices are headed for their worst monthly loss since the start of the coronavirus pandemic as the US-China row—which has pulled in fashion labels including Nike (NYSE:NKE) and H&M...
Of late, currency analysts in China have become vehemently bearish on the US dollar, citing America's rising debt load, in particular the recent, massive, Biden administration fiscal aid package and...
Positive economic outlook from Powell and Yellen German COVID cases surge China tensions escalate with US and Europe Key EventsUS futures on the Dow, S&P, NASDAQ and Russell 2000 climbed higher...
Exchange traded funds (ETFs) led by Cathie Wood, CEO and chief investment officer of ARK Investment Management, have been in the spotlight thanks to their stellar performance over the past year. The...
A mere 11-cent range: that’s what natural gas has been reduced to in the first three days of an insipid spring trading week which has brought some of the blandest weather. The story could...
It’s not easy to replicate the success of Tesla (NASDAQ:TSLA). After pulling off a combination of high-volume manufacturing and cash generation, the California-based electric vehicle-maker now...