U.S. stocks were set to kick off the week in an upbeat mood Monday, with oil prices rallying after Saudi Arabia and Russia called for an extension to OPEC’s production cut deal.
Even a looming scandal wouldn’t deter some of Congress’ most eager stock traders. Rep. Tom Price (R-Ga.), President Donald Trump’s nominee to be Health and Human Services secretary, was under siege, the harsh lights of a Senate hearing upon him.
Stock futures rose slightly Monday morning after a mixed week in which a handful of big-cap techs, notably Apple (AAPL), Amazon (AMZN) and Netflix (NFLX), continued to power ahead.
As a stock-picker, I love this fact. A disruptive or dominant technology has the ability to move separately from the broader S&P 500 Index SPX, -0.15% or global economic conditions.
However, with the shares racing higher heading into the report — Snap stock had closed higher for three consecutive weeks, climbing nearly 15% in that time — it’s easy to see why falling short of expectations wasn’t going to do for a very finicky market.
In addition, despite Apple stock’s soaring stock price recently, shares continue to trade conservatively. For instance, Apple stock has a price-to-earnings ratio of 19. While this is well above the P/E ratio of about 10 Apple stock had one year ago, it …
George Soros didn’t amass his estimated net worth of more than $25 billion by making bad stock picks. Through the years, the billionaire investor has poured money into plenty of huge winners.
As retail stocks drag the market down on weak earnings reports, Jim Cramer feels like some stocks will need positive news from Washington policymakers to see any real upside.
The Standard & Poor’s 500-stock index set another record on Wednesday after reaching a new high on Monday. It set records on two days the previous week, too.
“So I was blown away yesterday when Cuban came on ‘Fast Money’ and was asked whether it bothered him that four stocks – Amazon, [Alphabet’s] Google, Facebook, and Apple – now account for $2 trillion in market capitalization. His answer? ‘In terms of …
Advisers increasingly rely on index funds or robo platforms to manage their clients’ investments, rather than sift through individual stocks to buy and sell them. Study after study seems to reinforce the belief that active portfolio managers do not …
As stock prices sit near all-time record highs, and as we enter year nine of the current bull market, I remain amazed and amused at the brazen disregard for important basic economic concepts like supply & demand, interest rates, and rising profits.
Cyber security stocks surged in early London trading Monday as investors bet that the digital security industry would have the last laugh in the wake of Friday’s ransomware attacks.
Cara’s stock is down by a double-digit percentage in just the last month. But Wall Street analysts think that Care Therapeutics shares are poised to more than double over the next 12 months.
After a run to almost its all-time high last week, Tesla’s stock had a 3% setback in pre-market trading this morning after Adam Jonas from Morgan Stanley, one of the most followed auto industry analysts when it comes to Tesla, downgraded the stock…
Palo Alto Networks (PANW) stock climbed 1.1% to 116.46, FireEye (FEYE) stock rose 2.3% to 14.79, Fortinet (FTNT) stock edged up a fraction to 39.12. Check Point stock has jumped 27% in 2017. Barracuda stock is about even in 2017 and has moved up to …
Chipotle Mexican Grill (NYSE: CMG) is officially on the other side of the food-borne illness outbreaks that caused customers to shun its restaurants over the past two years, and caused its stock to lose half its value. Yet it’s still one of the most …
Be the first to comment on "US stocks poised for higher open as Saudi-Russia surprise lifts oil prices"