Small-capitalization stocks have been the darling of Wall Street as of late, with some analysts predicting recent action as the beginning of the end of a years long bear market for small-caps while others warn that these riskier shares could disappoint yet again if a robust economic recovery fails to […]
The Market Shrugs Off the Riots
The Dow ended higher for a second straight day Tuesday, as investors trained their attention on the prospect of fuller business activity after the coronavirus pandemic, rather than focus on the fresh round of civil unrest in major U.S. cities. President Donald Trump reiterated threats to deploy military troops on […]
May’s Market Is in the Books
The market picked up right where it left off, building on the strong gains from April and May. “Equity markets continue to display remarkable resilience in the face of a constant barrage of troubling developments, with investors continuing to focus on the positive signs of reopening,” says one analyst. However, […]
Protests & Riots – What Are They Doing to the Markets?
U.S. stock-index futures bounced around in thin trading early Monday morning, amid violent protests that reverberated throughout the country. The clashes between police and protesters come while the U.S., and much of the world, is in the throes of the coronavirus pandemic that has rocked the domestic economy to its […]
IMF Says Pandemic May Skew Economic Data
Key economic indicators may be less accurate due to the coronavirus pandemic, according to the International Monetary Fund. “Accurate and timely economic data are crucial for informing policy decisions, especially during a crisis. But the COVID-19 pandemic has disrupted the production of many key statistics,” the fund said in a blog post this week. […]
Where Do Small & Mid-Sized Businesses Stand?
U.S. businesses continued to be slammed by the effects of the epidemic into the middle of May, as a Federal Reserve report showed on Wednesday. Few expect a swift recovery despite some signs of hope. The sharp plunge in economic activity recounted in the U.S. central bank’s latest temperature check […]
Amazon Shareholders Asking BIG Questions
A group of Amazon shareholders is listening to warehouse workers who have raised alarms about safety conditions at the company’s facilities during the outbreak. The shareholders, who include the managers of pension funds in New York, California and Illinois, are urging Amazon’s board of directors to release more data at the company’s annual […]
International Action on Memorial Day
With US markets closed for Memorial Day, Asian markets rose on Monday as investor sentiment remained resilient despite growing concerns over the U.S./China relationship. At the same time, Hong Kong shares declined after political turmoil resurfaced in the area. Australia’s benchmark ASX 200 was up 1.53%, with all sectors trading higher. In Japan, […]
Market Could Get a Boost as States Reopen
Investors are most focused on the economy’s reopening and any medical progress on the coronavirus, but the post-Memorial Day trading week has a full calendar of economic reports that should reveal activity during the height of the shutdowns. Important reports include the Fed’s beige book, for a broad view of […]
That’s A Wrap
U.S. stock-index futures rose in thin trade Thursday evening as investors looked ahead to the final trading session of the week before a three-day holiday weekend. The futures for the Dow Jones Industrial Average were up nearly 104 points, or 0.4%, to 24,480, those for the S&P 500 index climbed […]