U.S. stock futures are trading lower this morning extending the losses that ushered equities into the weekend. With Christmas a short one week a way it’s do or die time for buyers to mount a comeback. Ahead of the bell, futures on the Dow Jones Industrial Average are down 0.58% and S&P 500 futures are
Hospital and health insurer stocks plunged in premarket trading Monday after a federal judge in Texas ruled former President Barack Obama‘s signature health law, the Affordable Care Act, unconstitutional. Shares of HCA Healthcare, the largest for-profit U.S. hospital operator, fell more than 5 percent early Monday. Shares of insurers Cigna and Humana were both down
Check out the companies making headlines before the bell:
It’s certainly never a dull moment in the markets these days — or anywhere else for that matter. It’s hard to pick the best stocks with all these headlines tugging them in all different directions. The Chinese economy is slowing down to sub-6% growth. Brexit negotiations are in shambles. President Donald Trump’s political troubles are
Ron Paul is warning this year’s corrections could be a precursor to an epic market collapse that may come sooner than investors think. According to the former Republican presidential candidate, Wall Street is becoming more vulnerable to near-depression conditions within the next 12 months. “Once this volatility shows that we’re not going to resume the
Goldman Sachs economists said it’s more likely than not that U.S.-China trade negotiators will not reach a deal in time to head off higher tariffs on March 1, and importers could rush to order their goods in January and February ahead of the deadline.
Shares of Alibaba (NYSE: BABA) started December on a positive note. The stock spiked to around $170 but reversed within one or two days. Even though it pulled back to around $152 recently, Alibaba stock is trending higher. This could signal the market’s willingness to invest in the online specialty retail giant despite the macro uncertainties. The big
Simply put, Snap (NYSE:SNAP) and Snap stock are unmitigated disasters. I’ve written extensively about the social-media firm that has apparently turned into a camera company over the past two years. Usually, my tone was extremely negative. However, with SNAP stock price suffering such horrendous losses, I really want to say something positive about it. The
“There was no way I could have gone to a university after high school,” said Emily Buckner, 20. “My parents were laid off during the recession and it set us back a lot,” she said. “When I finished high school, there was nothing.” Instead, Buckner took advantage of the Tennessee Promise — an offer of
Transportation stocks have hit the skids and are looking worse than the broader market, a trend that needs to reverse for stocks to stabilize.
[Editor’s note: This story was originally published December 2017. It has since been updated and republished to reflect changes in stock price.] The S&P 500 is in correction territory for the year, but its increase over the past few years has had a substantial impact on valuations. Notably, ever since the S&P’s upward rise in
To say General Electric (NYSE:GE) has taken investors on a wild ride this year would be a considerable understatement. After tumbling more than 60% between the beginning of the year and October, GE stock has almost been cut in half again. Thursday’s news that it was selling most of its stake in its ServiceMax software
Wall Street angst over a possible recession may be increasing, but one bull refuses to waver. Federated Investors’ Steve Chiavarone believes there’s nothing on the horizon that suggests the 2018 market corrections will become a massive downturn next year. Rather, he sees stocks hitting fresh record highs — citing labor market trends, inflation levels, the
Strong consumer spending is giving a boost to fourth-quarter GDP growth, pushing it up to 3 percent, according to a survey of economists.
In the U.S. equity markets, 2018 really hasn’t been as bad as it seems. The S&P 500 is down less than 1% so far this year. Volatility has increased, and the index is down almost 10% from its highs. But performance isn’t close to as bad as recent media coverage and commentary might suggest —
Do you own Micron Technology (NASDAQ:MU) stock? If so, you must be incredibly frustrated that it trades for less than four times the fiscal 2019 consensus estimate. Semiconductor stocks have gotten walloped over the past three months; MU stock is down 19% through December 11. However, it’s not alone. According to Finviz.com, 32 out of 44
U.S. major indices are trending lower this morning amid weaker economic data from China that’s stoking global growth fears. The Dow Jones Industrial Average is down 0.81%, the S&P 500 is lower by 0.85% and the Nasdaq-100 is shedding 1.10%. In the options trading pits, call volume won the day even as overall volume levels
The Children’s Place Inc.: “Children’s Place is in a bear market. There’s a big retail bear market going on. That quarter wasn’t that bad. This stock is now down 67 straight points. But I’ve got to tell you, it’s probably not done going down. But they are a good company, so if you want to
The S&P 500 could be getting ready to test a new range around the lows of the year that it reached in February — a level that is as much as 3 percent below current levels.
The stock market is abuzz with headlines so the indices are whipsawing from surprise headlines and tweets. Spotify (NYSE:SPOT) for example is down 15% this year. It may be time to start going long it even now. Fundamentally, SPOT is not cheap. It still runs in the red and it sells at 87 times its