It’s been a sweet-and-sour first half for the markets, but advisors expect the second half to be a whole lot tastier.
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Even before the latest jump in mortgage rates, existing home sales slid 0.5% last month, according to the National Association of Realtors.
After the auction, the yield on the 20-year note rose to 5.125%, the highest level since back in November 2023.
ISS, Glass Lewis face criticism from an oil giant engaged in a bitter proxy fight just as Congress renews scrutiny of advisory firms.
US Treasurys have long been safe havens during financial market upheaval. President Trump’s sweeping import tariffs made them more volatile.
Top of the list is a warning over the rise of 24-hour trading, just as the Nasdaq and the New York Stock Exchange pursue it.
Investors are increasingly hoarding gold and bitcoin as conventional safe havens in US bonds and the dollar have come up short.
The S&P 500 notched its biggest single-day decline in market value terms since the onset of the pandemic on Thursday.
Known as Wall Street’s “fear gauge,” the VIX has suggested in recent weeks that investors are spooked, for obvious reasons.
After tit-for-tat threats triggered an S&P 500 selloff, cooler heads prevailed in the brewing US-Canada trade war.
If the dollar keeps climbing, as it did last week, it could pose a problem for the stock market and the broader economy.
Countries at the United Nations COP29 climate summit struck a deal on the basic rules to launch an international carbon trading market.
Uber’s stock drove off a ditch, sinking 9% on Thursday after the ride-hailing giant published its third-quarter earnings report.
The NYSE said Friday that it plans to extend trading hours for equities on its electronic Arca exchange to 22 hours on weekdays.
Goldman Sachs’ equity strategy team forecasts that America’s blue chip S&P 500 index will bring in infinitesimal returns for the next decade.
Amid a strong earnings call, Blackstone announced that it is planning to take some of its portfolio companies public.