Investing
The stock market is a terrible political prognosticator. That’s important to remember as a counter to those who view the market as a political barometer, but many financial websites nonetheless post scoreboards showing how stocks have performed during various presidencies. Some financial analysts have taken the U.S. stock market’s current…
Polling company YouGov saw its share price rocket following a positive reception to full-year financials and news that conditions in the technology sector are improving. Shares in the Alternative Investment Market (AIM) company were last trading 14.8% higher at 792p in Tuesday business. Revenues at YouGov rose 17% during the…
With farmers and the barge industry again grappling with low Mississippi River water levels, grain shipments could be shifted to rail and truck, according to TD Cowen. This week TD Cowen hosted a farmer sentiment webinar with Professor Michael Langemeier of Purdue University’s Department of Agricultural Economics and the director…
Key News Asian equities were mixed after the terrible events in Israel over the weekend, which sent oil higher, as Mainland China’s markets reopened from the Golden Week holiday last week. There were multiple market holidays in Asia overnight including Japan, which was closed for National Sports Day, South Korea,…
The bull market that began one year ago is one of the weakest in U.S. history. After comparing the current bull market with all others since 1900, you could even argue that the rally beginning in October 2022 was just a bear market rally. Such an argument would be particularly…
On Thursday October 12 at 8.30 pm E.T., the Consumer Price Index report for the month of September will be released. Core inflation (excluding food and energy) has been on a generally declining trend for much of 2023, but nowcasts suggest cooling core inflation will continue. That’s despite headline inflation…
Profit updates from the U.S.’s largest banks are expected to fare better than their stock price weakness would suggest when the third-quarter corporate earnings reporting season kicks off this coming Friday.JPMorgan Chase & Co. JPM, +0.08%, Wells Fargo & Co. WFC, -0.04% and Citigroup C, +0.15% provide their quarterly updates…
After inverting on most measures in mid 2022, the predicted U.S. recession that an inverted yield curve often warns of, has not occurred. Since July, the degree of inversion has lessened, but there is still concern of economic pain ahead. That said recent economic data such as September jobs data,…
Taylor Swift continues to pay dividends for the NFL. The Swift-NFL saga, which includes her rumored romantic relationship with Kansas City Chiefs tight end Travis Kelce and her appearances at two NFL games has created a total equivalent brand value of $122 million, according to data provided to MarketWatch from…
Welcome back to Distributed Ledger. This is Frances Yue, reporter at MarketWatch. During the past week, the first ether futures-based exchange-traded funds debuted in the U.S., as ProShares, VanEck and Bitwise, launched such products, respectively, on Monday. Crypto bulls have been celebrating the news as such products could widen financial…