The benchmark S&P 500 was within striking distance of a record high on Tuesday, powered by gains in technology stocks, and a strong second-quarter earnings season fueled optimism about the strength in the U.S. economy.
Shares of Alibaba (NYSE:BABA) have certainly not participated in the recent rally. After closing near the $200 level on July 25, reaching $197.98, BABA stock has fallen nearly 10% to $178.62 while the overall markets have headed higher in that time frame. Look for Alibaba to find support and begin to bounce near current levels. …read more […]
With U.S. sanctions on Iran going into effect, defense stocks could move higher as there are possibilities of military actions in the near future. …read more […]
U.S. stocks opened higher on Tuesday, with the S&P 500 within striking distance of a record high, lifted by gains in technology stocks.
National Security Advisor John Bolton on Iran sanctions, oil prices and North Korea. …read more […]
Home Depot’s (HD) robust earnings trend, focus on Pro Customers, core business strength and capital strategy are key positives. But, soft sales in the last-reported quarter hurts sentiment. …read more […]
The “Squawk on the Street” news team discusses Carl Icahn’s letter to Cigna shareholders about the company’s plan to acquire Express Scripts. …read more […]
U.S. stock indexes were set to open higher on Tuesday as energy shares gained on the back of higher oil prices.
World shares edged toward a six-month high on Tuesday, as the biggest jump in Chinese stocks for over two years and a sharp rally in Europe’s oil and mining firms set Wall Street up for more gains.
Energy Transfer Partners (ETP) is seeing favorable earnings estimate revision activity as of late, which is generally a precursor to an earnings beat. …read more […]
The blue-chip industrial is relying on its weakest segment in order to hit its implied target for 2020. …read more […]
This news should turn some frowns upside down. …read more […]
U.S. stock index futures rose on Tuesday as strong corporate earnings lifted sentiment and higher oil prices helped energy shares.
Activist investor Carl Icahn on Tuesday urged Cigna Corp shareholders to vote against the health insurer’s $52 billion purchase of Express Scripts Holding Co , citing regulatory hurdles and the growing threat of Amazon.
This top-tier pot stock’s Q4 and full-year report is a warning to all marijuana investors. …read more […]
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