Nvidia’s stock has been a huge S&P 500 driver. Here’s why its influence could wane. With more Nvidia earnings growth ahead, Citi says the company should still help the S&P 500’s performance, though potentially not to the same extent as before.
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Europe’s heading for a recession as the U.S. consumer buckles, strategist warns Europe is heading into a recession as the U.S. consumer buckles, a strategist warned, advising investors to shift into defensive stocks.
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Stick to defensive stocks as short-term yields dive, say JPMorgan strategists JPMorgan now favors small caps over large caps, and no longer likes growth over value
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‘It’s the story of my life’: Have I missed the boat on 5% CDs? I... “Where should I invest my money, assuming that I won’t be able to buy a home for several years?”
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‘My husband blew a gasket’: I bought a $20,000 Toyota SUV using financing. My spouse... “I couldn’t get a cashier’s check at the dealer yesterday as I had my four kids with me.”
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‘I’ve never invested in the stock market’: I’m 64 with $400,000 in CDs and a... “Interest rates are going down so CDs might not be an option for long.”
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Summit Therapeutics’ stock pops as lung-cancer treatment beats Merck blockbuster in late-stage trial Shares of Summit Therapeutics Inc. jumped more than 30% premarket on Monday after the biotech company released late-stage trial data showing that its experimental lung-cancer treatment topped Merck’s blockbuster Keytruda.
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KeyCorp to book $700 million loss on sale of securities The transaction marks an example of efforts by financial firms to reposition their balance sheets with higher-yielding assets as interest rates have risen.
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Why Morgan Stanley’s top strategist thinks a half-point Fed interest-rate cut would actually hurt stocks Fair valuation should see the S&P 500 between 5,000 to 5,400, says Morgan Stanley’s Wilson
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The bond market just flashed a reliable recession signal. Don’t panic. The Treasury market’s yield curve uninverted on Friday or first time since July 2022.
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