financial news

Stocks rally like it’s ‘mission accomplished’ — but some investors are urging caution as Nasdaq exits bear market

Investors might want to keep their guard up as the stock market continues its rally. “The market has kind of gone back to sleep” in appearing to think, “all right, mission accomplished, inflation’s in the bag, the Fed can back off,” said Sameer Samana, a senior global market strategist at Wells Fargo Investment Institute, in …

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The Nasdaq is on track to exit a bear market — and the Dow to leave correction territory — after July CPI reading

The Nasdaq Composite was on track to exit a brutal bear market Wednesday, while the Dow Jones Industrial Average was set to end a market correction, as stocks rallied in the wake of a cooler July inflation reading. The Nasdaq Composite COMP, +2.56% was up 2.5% near 12,810 in midday trade. According to Dow Jones …

The Nasdaq is on track to exit a bear market — and the Dow to leave correction territory — after July CPI reading Read More »

AMD, PayPal, Starbucks, Uber, Paramount, and Other Stocks to Watch This Week

It’s the peak stretch of second-quarter earnings season, with roughly 150 S&P 500 firms scheduled to report this week. The highlights on the economic calendar will be a pair of purchasing managers’ index readings and jobs Friday. Wednesday’s earnings highlights will be Booking Holdings , CVS Health , eBay , and Moderna . Thursday will …

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