“Certainly, the bond market is suffering from rising inflation anxieties,” said Jim Paulsen, chief investment strategist at The Leuthold Group, in a note to clients. “Investors face a significant risk that only their grandparents had to deal with—a bond market potentially demanding a larger inflation buffer.” “Many believe inflation will only rise modestly in the…
Stocks in Asia slipped on Monday afternoon as investors remained cautious, following global losses in the previous week. In the Greater China region, the Hang Seng index in Hong Kong fell by around 1.32 percent as of 3:31 a.m. HK/SIN. The Shanghai composite also slipped by 1.49 percent to close at around 2,568.10 — its…
The stock market just had a significant pullback, with the Dow Jones Industrial Average plunging by more than 1,300 points over a two-day stretch. However, market moves like this aren’t a reason to panic. Instead, think about stock market corrections in the same way you would think about a sale at your favorite store –…
The Dow Jones Industrial Average plunged more than 800 points Wednesday, as a continuing surge in Treasury yields prompted the blue-chip index’s biggest pullback since February. Fast-rising bond yields and signs of inflation have led investors to worry that profit margins could narrow, sparking one of the biggest downturns of the year among…
CLOSE The company is in talks with Aurora Cannabis to possibly make this happen. Time Thirty-one U.S. states and the District of Columbia have legalized marijuana for medical purposes, and nine – plus D.C. – have approved it for recreational use, according to ProCon.org data. (Photo: AP) It’s not just pot smokers and medical users buzzing about the…
U.S. stocks rose near fresh records Wednesday after the Federal Reserve raised interest rates and signaled a continued gradual path of increases ahead. The S&P 500 climbed 0.3%, putting it on track to end a three-session losing streak and just below last week’s all-time high. The Dow Jones Industrial Average added 50 points, or 0.2%,…
Brendan Kennedy, CEO of Tilray, left, and billionaire investor Peter Thiel. Photo: Joel Arbaje Updated Sept. 21, 2018 4:23 p.m. ET Marijuana stocks had a short strange trip this week. Led by Tilray,the U.S.-listed grower that just went public in July, the shares of Canada’s pot producers skyrocketed by Wednesday, then gave most of their…
U.S. stock indexes fell Friday after President Donald Trump said he may intensify his trade battle with China. A strong jobs report also pushed investors to gird for higher interest rates. The S&P 500 bounced between modest gains and losses in an up-and-down day, but its most decisive move was downward after Trump said he’s…
Friday marks the U.S.-imposed deadline for a new trade deal to be secured between the U.S. and Canada. The latter country’s trade negotiator Chrystia Freeland was expected to make a statement at 4:30 p.m. ET. on Friday after talks ended for the day. An administration official said they are expected to continue next week. Representatives…
The Standard & Poor’s 500 index edged up 0.78 of a point to 2,897.52. The Dow Jones industrial average rose 14.38 points, or 0.1%, to 26,064.02. The Nasdaq composite rose 12.14 points, or 0.2%, to 8,030.04. The Russell 2000 index of smaller-company stocks inched up 0.02 of a point to 1,724.42.