Markets continued their surge on Tuesday, with the Nasdaq leading the charge higher, up over 3%. The S&P 500 and the Dow Jones industrials were up 2.8% and 2.6%, respectively. This huge push has investors wondering if this is a bear market bounce or if the bottom is in. So far, October is off to a strong start after an […]
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While it has been a huge relief to beleaguered and inflation-battered consumers across the United States, oil prices could be set to explode higher. The Organization of the Petroleum Exporting Countries (OPEC) will meet later this week to discuss lowering production by a million barrels per day, perhaps even more. The move is an effort to support prices that have […]
Read morevideo Demand is ‘exceptionally strong’ for General Motors: General Motors CEO Mary Barra provides insight on how the General Motors company is handling various challenges on ‘The Claman Countdown.’ General Motors Co outsold Japanese automaker Toyota Motor Corp in the United States in the third quarter, data on Monday showed, but analysts and investors are fretting that a darkening economic […]
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Credit Suisse’s new chief has asked investors for less than 100 days to deliver a new turnaround strategy. Turbulent markets are making that feel like a long time. The cost of insuring the firm’s bonds against default climbed about 15 per cent last week to levels not seen since 2009 as the shares touched a new record low. Chief executive […]
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Crude oil futures failed to hold early gains and settled lower on Friday as worries about the outlook for energy demand weighed on prices. Oil prices advanced earlier in the session amid speculation OPEC producers will announce an output cut after their meeting on October 5. However, due to concerns about the outlook for energy demand amid fears of a […]
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The futures were trading higher, as we get ready to end the third quarter. Many investors with whiplash from the huge back-and-forth moves over the past 90 days are probably glad to see it over. All the major indexes were crushed Thursday, with Apple leading the way after a downgrade at BofA Securities. All of Wednesday’s big gains evaporated fast. […]
Read morevideo Feels like investors are playing ‘stock market whac-a-mole’: John Mowrey NFJ Investment Group CIO John Mowrey reveals how he’s playing the up and down market on “The Claman Countdown.” It's been an abysmal year for the U.S. stock market, but some experts say that it's the perfect time to for investors to buy the dip. In an analyst note […]
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A Carabiniere checks a passenger’s coronavirus disease (COVID-19) health pass, known as a Green Pass, aboard a bus the day the government restricts access of unvaccinated to indoor venues, in Rome, Italy December 6, 2021. Picture taken through glass. REUTERS/Yara NardiROME (Reuters) -Italians will no longer have to wear face masks on public transport, the health ministry said late on […]
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In today’s issue: — ESG fund managers expect a wave of false climate claims from red state politicians this election season — A top global editor and the managing director of the World Economic Forum explain on World News Day how to stop climate and other disinformation — Solar power has long lagged wind power in the U.S., but renewables […]
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