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One of the biggest IPOs in recent history reports earnings tonight, with investors looking for a big turnaround. Uber Technologies (UBER) has risen about 40 percent from its November lows. The ride-sharing giant's rally accelerated in January on hopes management would...
As a new year gets underway, a new group is leading the market higher: financial technology, or "Fintech," companies. Stocks like Square (SQ) and PayPal (PYPL) not only stand at the crossroads of the new digital economy. They've also outperformed the S&P 500 and...
Stocks just erased their gains for the year as China's coronavirus outbreak triggered selling across the market. The S&P 500 fell 2.1 percent between Friday, January 24, and Friday, January 31. It was the second straight losing week, and the biggest decline since...
Market sentiment has turned quickly as the deadly coronavirus spreads in China. Let's consider some key things to know as a new week begins. Stocks Were Potentially Due for a Pullback The S&P 500 had a big rally before the disease appeared. In the 15-week period...
Stocks just had their worst week since August as China's coronavirus spread and investors took profits after months of steady gains. The S&P 500 declined 1.03 percent between Friday, January 17, and Friday, January 24. Energy and global indexes led the selling,...
Stocks just had their biggest weekly gain since August as fears melted away and earnings season began. The S&P 500 rose 2 percent between Friday, January 10, and Friday, January 17. The index has risen in 13 of the last 15 weeks, and made new record highs in 10 of...
Earnings season is off to another strong start, thanks to big banks and financials. JPMorgan Chase (JPM), Bank of America (BAC), Citigroup (C) and Morgan Stanley (MS) all reported strong quarters. A combination of banking, trading and investment management drove the...
Stocks began the new decade on a strong note as investors stuck with technology despite saber-rattling in the Middle East. The S&P 500 rose 0.9 percent between Friday, January 3, and Friday, January 10. It was the first full week of 2020 and the 12th positive week...
A new decade just started. While history might not always follow neat chapters, the stock market does have phases. Let's consider some potential trends that could develop over the course of 2020. Bull Market 'Goes Mainstream?' The first big narrative could be that the...
Stocks finally halted their advance as tensions in the Middle East gave the bulls something to worry about. The S&P 500 managed to hit a new record high on Thursday, but finished the New Year-shortened week down 0.2 percent. It was only the second negative week...