Good MorningEquity markets pulled back on Thursday, signaling a market top. The S&P 500 may continue to pull back in the coming week, but the decline will likely be shallow and short-lived because earnings will continue to grow. Comments from Fed chief Jerome Powell were among the day's catalysts, indicating a cautious approach to interest rate policy over the coming months. The market wants a faster pace of interest rate reduction, but the flip side is that economic health remains solid and sufficient to sustain higher prices, which is good news for S&P 500 companies.
Next week, earnings reports will come from several retailers, including Walmart, Target, and Lowe's. The trio will likely report mixed results, with Walmart growing, Target lagging, and Lowe's impacted by consumer headwinds. The outlook for the current quarter, which is the all-important holiday shopping quarter critical for most retailers, will drive their share prices and the next move in the S&P 500. Featured: Has Trump Finally Gone Too Far? (Insiders Exposed) 
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Markets | | | Shares of software development company Freshworks Inc (NASDAQ: FRSH) have been on a bumpy ride over the past year, shedding 55% of their value from December through October, even as the broader market enjoyed record highs. This lagging performance was a tough pill to swallow for investors. But since... Read the Full Story |
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Stocks | | | Asian stocks were mostly higher on Friday after U.S. stocks slipped as the market's big rally following Trump's election victory cooled further. U.S. futures and oil prices were lower.In Tokyo, the Nikkei 225 index was up 0.8% at 38,842.13 as the yen continued dropping against the U.S. dollar, fueli... Read the Full Story |
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Markets | | | Rivian Automotive (NASDAQ: RIVN) has been on a rollercoaster ride in recent weeks, with its stock price experiencing dramatic swings that reflect the turbulent nature of the electric vehicle (EV) sector. Despite the company's recent partnership with Volkswagen offering a glimmer of hope, investors... Read the Full Story |
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Markets | | | It can only be said that shares of Meta Platforms Inc (NASDAQ: META) are having an absolutely blockbuster year, with gains of up to 70% year-to-date already locked in. This is making Meta one of the best performers among large-cap tech stocks in a year, and that's been good for equities in general... Read the Full Story |
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Markets | | | Whitestone REIT (NYSE: WSR) is a real estate investment trust (REIT) with a unique community-centered approach. REITs offer investors a streamlined way to participate in the real estate market without the burdens of direct property ownership, providing potential for dividend income and portfolio d... Read the Full Story |
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Markets | | | In the world of exchange-traded funds (ETFs), the most outsized returns typically go to products employing leverage. However, while ETFs like the GraniteShares 2X Long NVDA Daily ETF (NASDAQ: NVDL)—a highly specialized vehicle aiming to provide two times the daily returns of NVIDIA Corp. (NA... Read the Full Story |
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Markets | | | The economy of the European Union is headed for only modest growth in coming months as consumers regain some of the purchasing power they lost to inflation, the bloc's executive commission said Friday Read the Full Story |
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Markets | | | Britain's Treasury chief Rachel Reeves said Friday that she is "not satisfied" by official figures showing the British economy's rebound from recession slowed down sharply in the third quarter of the year, as the country's top central banker voiced his concerns about the economic damage wrought by t... Read the Full Story |
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Markets | | | Americans stepped up their spending at retailers last month in the latest sign that healthy consumer spending is driving the economy's steady growth.Retail sales rose 0.4% from September to October, the Commerce Department said Friday, a solid increase though less than the previous month's robust 0.... Read the Full Story |
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Markets | | | A battery manufacturer has selected Kentucky for a nearly $712 million project to produce industrial-sized batteries used to store and distribute energy, a process seen as increasingly important to help secure a reliable electric grid for the country, officials said Friday.The Shelbyville Battery Ma... Read the Full Story |
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