Looking for a second opinion on the health of biotech and Internet stocks? The Fed said valuations of “small” names in both sectors were “substantially stretched.” But one stock strategist insists, by and large, both sectors remain healthy. 642 more words
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The military hostilities between Israel and Hamas has resulted in a lot of casualties. But the Israeli stock market isn’t one of them.
In what might not make sense to investors who watch the scenes of war in Gaza on TV, a basket of Israeli stocks tracked by Dow Jones has actually risen in value since Israel launched its air strikes and commenced Operation Protective Edge on July 8 . 616 more words
Resilient. That’s the best word to describe the broad U.S. stock market, which is on track today for its 26th record close of the year despite a recent string of bad headlines. 281 more words
With no economic data releases on the docket today, Wall Street will focus mainly on corporate earnings reports, including Facebook’s results after today’s close. 290 more words
NEW YORK — Can sales of soda, hamburgers and apples (Apple gadgets, actually) shift Wall Street’s focus off of bad stuff — like a plane being shot out of the sky in Ukraine, gun battles in Gaza and finger-pointing politicians — back to more traditional market matters, such as the earnings power of Corporate America? 294 more words