U.S. stock index futures pointed to a higher open on Friday, following results of the U.K. election, with Theresa May’s Conservative party losing its outright majority in parliament.
It’s that time again! Jim Cramer rang the lightning round bell, which means he gave his take on caller favorite stocks at rapid speed: Valvoline Inc.: “I like Valvoline because it’s a boring, slow-growth stock that doesn’t cause you problems that is at …
Before there was FANG, Jim Cramer’s acronym for the stocks of Facebook, Amazon, Netflix, and Google, now Alphabet, the “Mad Money” host had another group of growth stocks to watch. “Lately, I’ve gotten so sick of hearing about how FANG’s finished, …
However, Wall Street investors have signaled that events don’t appear to threaten the stock market’s extended push into record territory, which has been driven by President Donald Trump’s promises of tax cuts, infrastructure spending and deregulation.
Y.) urged the Securities and Exchange Commission, Justice Department, House Ethics Committee and the Office of Congressional Ethics (OCE) to launch investigations into what she described as a “major stock trading scandal among House Republicans.”.
Financial companies led U.S. stock indexes up Thursday, nudging the Nasdaq composite index to a record high. The latest gains came as the stock market continued to trade mostly in a narrow range in the absence of major new economic data and ahead of …
In such a strong market, Jim Cramer finds it fruitful to single out the big winners, the stocks that, rather than being lifted by the market’s strength, are actually driving it.
Mayhem for global stocks could still come if the opposition Labour Party wins the U.K. general election or the vote ends in a hung parliament (check out what voters there have to say about it all), though Wall Street won’t get the final result today …
Tech stocks once again set the example as a late rally on Thursday hauled the Dow industrials and the S&P 500 out of shallow losses to a positive finish.
Pembina Pipeline (NYSE:PBA) is a Canadian petroleum and natural gas pipeline operator, which recently announced a mega acquisition of competitor Veresen in a $9.7 billion stock and cash deal. With a dividend yield approaching 5% (and a monthly …
Alibaba’s stock rise Thursday represented its largest percentage increase on record, according to Dow Jones Newswires, and preliminary data showed 80.912 million Alibaba shares traded hands, the highest volume since Nov. 30, 2015.
Upscale retailer Nordstrom JWN +15.49% could be going private — and the news appears music to the public market’s ears. Shares of Nordstrom are spiking in early Thursday trading following the company’s announcement that it is considering going private.
U.K. stocks are set to kick off Friday trading in negative territory after early results from the country’s general election pointed to a hung parliament.
The stock shot up $16.70, or 13.3%, to a closing record of $142.34. The previous biggest one-day price gain was $6.48 on Aug. 12, 2016, while the previous one-day percentage gain was 8.9% on Feb. 16, 2016.
Given the year-to-date pullback in the stock, however, those premiums have retreated to 4% versus our 2017 forecasts and a 4% discount against our 2018 forecasts.
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