Good MorningEquity markets advanced on Monday, extending the prior week's rally into new all-time high territory. However, Monday's move was small and cautious and may not lead to additional gains, given the expectation for news. The week's news includes the first read on Q4 GDP and the December PCE price index, either of which could alter the expectation for FOMC interest rate cuts. As it is, interest rates will likely remain at their current levels until well into the summer without some indication of economic weakening or deceleration of inflation.
As many reasons as there are to fear a market correction, it is hard to argue with the charts. The S&P 500 has broken to a new high and could easily extend its run through the year's first half. There is a risk the FOMC will keep rates high for longer than the market is pricing in, but so long as the economy continues to grow and the consumers spend, equity markets may not care. Featured: Boost Your Portfolio with This Ultra Low-Priced Uranium Stock (Resource Stock Digest) 
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Markets | | | Never fight the market, and remember that the trend is your friend. This is why Netflix (NASDAQ: NFLX) stock should be flashing across your watchlist today. The trend in this stock shows a definite bullish momentum, and the market is comfortable paying a premium to gain exposure to this name just ... Read the Full Story >> |
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Markets | | | Outdoor products and lifestyle manufacturer Vista Outdoor Inc. (NYSE: VSTO) may not be a familiar name, but you'll likely recognize its brand portfolio. The company designs and manufactures outdoor sports and recreational products in two categories: Sporting products and ... Read the Full Story >> |
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Markets | | | Sarepta Therapeutics Inc. (NASDAQ: SRPT) is a leading commercial-stage biotech focused on developing precision gene therapy treatments for rare diseases. This medical sector company specializes in the treatment of Duchenne muscular dystrophy (DMD), a congenital myopathy th... Read the Full Story >> |
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From Our PartnersAccording to McKinsey and Company, the battery storage market is growing rapidly, especially with the transition to clean, renewable energy.
Lithium-ion batteries still grab most of the headlines. But analysts now call safe and long-lasting batteries made with vanadium "the future of battery tech." | | | | See why investors are taking a hard look at vanadium right now. |
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Markets | | | Ceragon Networks Ltd. (NASDAQ: CRNT) is a provider of high-performance wireless infrastructure solutions to cellular operators and wireless service providers. It offers wireless backhaul solutions ranging from voice and data services to Internet-of-Things (IoT) connectivity. Backhaul solutions are... Read the Full Story >> |
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Markets | | | World shares were mixed Tuesday, while Hong Kong and Shanghai advanced after a report said Beijing plans to put about 2 trillion yuan ($278 billion) into supporting ailing Chinese markets. In early European trading, Germany's DAX lost 0.2% to 16,651.29 and the CAC 40 in Paris fell 0.3% to 7,394.04. ... Read the Full Story >> |
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Stocks | | | Asian shares mostly rose Tuesday after Wall Street built on its all-time high reached last week, while Japan's central bank kept its easy credit policy intact.Shanghai's benchmark extended its losses, but Hong Kong's jumped 2.5%. U.S. futures were flat and oil prices edged lower. Tokyo's Nikkei 225 ... Read the Full Story >> |
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Markets | | | Amazon.com Inc. (NASDAQ: AMZN) announced its buyout of iRobot Co. (NASDAQ: IRBT) for $1.7 billion in an all-cash transaction for $61 per share in August 2022. The deal between the two consumer discretionary sector companies has been awaiting regulatory clearance since then... Read the Full Story >> |
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Markets | | | Spirit Airlines jumped in morning trading Friday after the struggling discount carrier said a strong holiday travel season boosted its fourth-quarter revenue.Spirit said it expects to post revenue of $1.3 billion when it releases its results for the final quarter of 2023 early next month. That's at ... Read the Full Story >> |
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Markets | | | Indian firm Tata Steel announced Friday it will close both blast furnaces at its plant in Port Talbot, Wales, eliminating 2,800 jobs, as part of plans to make its unprofitable U.K. operation leaner and greener.Tata plans to switch from coal-fired blast furnaces to an electric arc furnace, which emit... Read the Full Story >> |
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Markets | | | Macy's is rejecting a $5.8 billion takeover offer from investment firms Arkhouse Management and Brigade Capital Management, saying they didn't provide a viable financing plan.Arkhouse and Brigade offered $21 for each of the remaining shares in Macy's they don't already own. Shares of New York-based ... Read the Full Story >> |
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The Early Bird Stock Of The DayTuesday: Stock Being Upgraded J.B. Hunt Transport Services, Inc. provides surface transportation, delivery, and logistic services in North America. It operates through five segments: Intermodal (JBI), Dedicated Contract Services (DCS), Integrated Capacity Solutions (ICS), Final Mile Services (FMS), and Truckload (JBT). The JBI segment offers intermodal freight solutions. It operates 115,150 pieces of company-owned trailing equipment; owns and maintains its chassis fleet of 95,553 units; and manages a fleet of 6,081 company-o... | | View Today's Stock Pick |
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