It’s another up-and-down day as investors try to weigh what seems to be a strong U.S. economy and weakening global economy. This of course, makes it tough to bid up stocks to new highs, but at the same time, it’s hard to sell U.S. equities when it’s the best house in the neighb
Sage Therapeutics Inc. climbed the most in two months after the U.S. Food and Drug Administration approved an expedited development plan for what the company says could be a practice-changing depression treatment.
The biotechnology company only has to run a single 450-patient trial, which will allow for a compact, reasonably cost-efficient program that can assure both safety and effectiveness,....More>>>
Measured Wealth Private Client Group LLC acquired a new stake in SPDR S&P 500 ETF Trust (NYSEARCA:SPY) in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 10,786 shares of the company’s stock, valued at approximately $2,926,000. SPDR S&P 500 ETF Trust makes up approximately 2.4% of Measured Wealth Private....More>>>
Instructure (NYSE:INST) stock dropped 13.6% in September, according to data from S&P Global Market Intelligence. For context, the S&P 500 edged up 0.6% last month.
The learning technology company’s stock has continued its downward movement this month, with shares declining 13.1% through Oct. 9. The broader market struggled during this period, with the S&P 500 falling 1.1%....More>>>
The Indian benchmark indices have extended the early morning losses and are trading deep in the red with Nifty down 123 points, trading at 11,333 whereas Sensex has fallen 417 points, trading at 37,746.
Nifty Realty was the top loser, down over 2 percent dragged by Indiabulls Real Estate, DLF, Prestige Estate, Sunteck Realty and Unitech.
Investors sold shares of Chevron Co. (NYSE:CVX) on strength during trading hours on Wednesday. $80.29 million flowed into the stock on the tick-up and $136.99 million flowed out of the stock on the tick-down, for a money net flow of $56.70 million out of the stock. Of all stocks tracked, Chevron had the 15th highest net out-flow for the day. Chevron traded up $0.98 for the day and closed at $118.92
Beware market bulls: The stock market’s stellar rebound this year could be driven merely by a short-lived trend.
Investors started this year in a buying mood, pushing up prices of last year’s laggards, which is the logic behind Wall Street’s “January effect,” a theory that there is a seasonal rally in stocks during the first month of the year following a December....More>>>
Footy Cash (CURRENCY:XFT) traded up 14.3% against the U.S. dollar during the 24 hour period ending at 15:00 PM ET on September 9th. Footy Cash has a market cap of $1.85 million and $422.00 worth of Footy Cash was traded on exchanges in the last day. During the last week, Footy Cash has traded 5.8% lower against the U.S. dollar. One Footy Cash coin can now be bought for about $0.40 or 0.00004315....More>>>
Lackluster demand and overseas Model 3 delivery problems will weigh on Tesla’s first-quarter earnings results when the company reports in April, RBC Capital Markets warned clients Monday.
The brokerage cut its first-quarter Model 3 delivery forecast to 52,500 from 57,000 and slashed its price target to $210 from $245, a 14 percent reduction that implies more than 20 percent downside....More>>>
On Sept. 12, Apple (NASDAQ:AAPL) introduced three new iPhones: iPhone Xs, iPhone Xs Max, and iPhone XR. The first two represent Apple’s best devices, and the company is charging a pretty penny for them (they start at $999 and $1099 for the baseline configurations, respectively). The last one is the more price-friendly option, starting at $749 — a full $250 cheaper than the entry-level....More>>>
California State Teachers Retirement System reduced its position in Torchmark Co. (NYSE:TMK) by 4.3% during the first quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 189,571 shares of the insurance provider’s stock after selling 8,560 shares during the quarter. California State Teachers Retirement System owned approximately 0.17% of Torchmark worth....More>>>
The major averages ended trading deep in the red as mounting worries around slowing global growth and a potential recession gripped Wall Street. The S&P 500 saw its worst daily performance in two months.
Experts are split on what investors should do next, and a lot of the unknowns depend on the Trump administration’s policy moves over....More>>>
Shares of energy stocks, including ExxonMobil (XOM), Chevron (CVX), Whiting Petroleum (WLL), and Devon Energy (DVN), are surging on reports that OPEC has agreed to to limit the amount of oil its members produce. Bloomberg’s Nayla Razzouk, Grant Smith, and Angelina Rascouet report:
OPEC agreed to cut production for the first time in eight years, according to....More>>>