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Stocks just broke a four-week losing streak. Now's the last lull before a surge of activity in the market. The S&P 500 rose 1.5 percent between Friday, September 25, and Friday, October 2. More than three-quarters of the index's members advanced as investors...
Housing stocks have barely dropped this month, even as volatility swept the broader market. The iShares U.S. Home Construction ETF (ITB) closed yesterday just 2.6 percent below its 52-week high. The S&P 500 in contrast, is almost 8 percent below its peak. The...
This week's earnings featured a huge quarter from electric-car maker Tesla and several positive surprises in the housing space. TSLA's earnings and revenue beat estimates in the second quarter, despite coronavirus shuttering some factories. Its manufacturing practices...
The economy is showing more signs of recovery, even as coronavirus cases rise in parts of the U.S. The New York Federal Reserve reported yesterday that its Empire State Manufacturing Survey was -0.2. That was much better than the -27.5 percent average forecast. It had...
More bad economic news is expected today, but the real story could a rebound in the housing market. Mortgage data for the last four weeks have shown strong demand for home buying. Refinancing normally dominates lending, but now they've swung sharply toward purchases....
Stocks fell last week but held a key level. Attention will now focus on the economy reopening for Memorial Day. The S&P 500 initially tried to rally, only to fall on bearish comments from Dr. Anthony Fauci and Federal Reserve Chair Jerome Powell. At one point it...
Stocks keep rising as investors come to believe China's coronavirus is starting to fade. Here are three big things to know as buyers return to the market: Coronavirus May Have Peaked Beijing announced just 1,749 new cases of the disease today, the lowest total this...
Stocks hit new highs again last week, riding a wave of economic confidence, low interest rates and mild volatility. The S&P 500 rose 1.6 percent between Friday, February 7, and Friday, February 14. Three-quarters of its members advanced, along with every major...
Last year was dominated by technology trades as investors returned to their favorite corner of the stock market. Let's review some of the biggest movers. First of all, semiconductors ripped higher as orders rebounded. The industry may also remain in focus this year as...