Meme stock mania returns
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Toyota, Global Auto Stocks Rally
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500, New York Stock Exchange
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Shares of the EV maker pared losses and traded close to flat in afterhours trading, following results that showed net income plunging 16% and automot
Wall Street climbed Wednesday after President Donald Trump reached a trade deal with Japan and hopes rose for more agreements by August 1.
Technical indicators point to more gains, while increased capital spending in the oil patch is seen as a positive for the companies.
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Japan trade deal boosts Japanese equities and benefits Franklin FTSE Japan ETF, but faces issues with tariffs and market trends. Click for my FLJP update.
US stocks will shrug off tariff risks to get a boost from the second-quarter earnings season, the latest Markets Pulse survey showed.
Individual investors are flocking to social media to cheer on a new group of oddball stocks and squeeze the short sellers; ‘Let’s goo!!’ says Hot-Ticket9440.
It’s real-time data, much more frequent than other big-ticket reports like CPI or payrolls. And while inflation is still top-of-mind, Kabra says stock investors need to keep an eye out for a critical data point. Historically, when weekly claims get closer to 300,000, a recession tends to follow within just six months.
Signs of stock-market complacency are emerging as the searing equities rally coincides with an acceleration in earnings downgrades, according to JPMorgan Chase & Co. quantitative strategists.