The S&P 500 is betting on Penn National Gaming Inc. and Caesar’s Entertainment Inc. amid the growing legalization of sports betting in the US. Penn PENN, -0.38% and CZR for Caesar, -0.13% …
Read More »The Fed could be a catalyst for bonds and that could boost growth in stocks in the next week.
Traders on the floor of the New York Stock Exchange Source: NYSE Bonds could be volatile in the next week. If returns go up, that could make it harder for big tech …
Read More »‘No peace’ for markets until 10-year Treasury yield hits 2%, strategist says
A bond market sell-off is setting the tone in the financial markets, including the forex market. Equilibrium is unlikely to return until the benchmark 10-year US Treasury yield reaches 2%, a well-known …
Read More »Investigation of Hindenburg, a short seller, points to electric vehicle startup Lordstown Motors; Shares down 16%
A new report from short-seller Hindenburg Research pointed to electric truck startup Lordstown Motors Corp. RIDE -15.36% , saying the company misled investors about the strength of its truck pre-orders and the …
Read More »Dow futures rise as Boeing shares rise, but tech stocks falter through the end of the week
Stock index futures were mostly down on Friday, and tech-related stocks would lead the fall as bond yields continue to rise, a day after the Dow Jones Industrial Average and S&P 500 …
Read More »S&P 500 and Nasdaq brace for lower open as peak bond yields press tech stocks
By Shashank Nayar, Medha Singh (Reuters) – The S&P 500 would ease from an all-time high at Friday’s open as a surge in U.S. bond yields reignited concerns about inflation and dampened …
Read More »Global stocks and oil move away from highs as stimulus rally recedes
LONDON (Reuters) – Global stocks were flat on Friday, but in the face of an all-time high, while oil fell as yields on benchmark debt rose, helping to stem the latest rally …
Read More »Ulta, Poshmark (POSH), Novavax (NVAX)
See the companies making the headlines before the bell rings: Ulta Beauty (ULTA) – Ulta Beauty announced that CEO Mary Dillon will step down in June to be replaced by company president …
Read More »Global stocks and oil move away from highs as stimulus rally recedes
LONDON (Reuters) – Global stocks were flat on Friday, but in the face of an all-time high, while oil fell as yields on benchmark debt rose, helping to stem the latest rally …
Read More »Here’s how the Nasdaq could fall if bond yields hit 2%
In early morning action Friday, the 10-year Treasury yield rose and Nasdaq 100 futures fell. That has been the pattern for the last month. After a very close connection since the pandemic …
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