Datasets:

---

judy93536

/

perigon-150k

like 0

a job posting looking for workers is shown at a gas station in san diego california us november 9 2021 reutersmike blake washington july 6 reuters us job openings fell less than expected in may pointing to a still tight labor market that could keep the federal reserve on an aggressive monetary policy path as it battles high inflation job openings a measure of labor demand dropped 427000 to 113 million on the last day of may the labor department said in its monthly job openings and labor turnover survey or jolts report on wednesday economists polled by reuters had forecast 110 million vacancies the fed is trying to cool demand for labor and the overall economy to bring inflation down to its 2 target rising interest rates inflation and tighter financial conditions have darkened the economic outlook resulting in layoffs in the housing and technology sectors some technology companies have also been freezing hiring but worker shortages still persist in other industries the us central bank last month raised its policy rate by threequarters of a percentage point its biggest hike since 1994 another similarsized rate hike is expected in july the fed has increased its benchmark overnight interest rate by 150 basis points since march

shares of aurora cannabis inc acb rallied 136 to 065 monday on what proved to be an allaround great trading session for the stock market with the nasdaq composite index comp rising 028 to 1215772 and the dow jones industrial average djia rising 030 to 3398718 aurora cannabis inc closed 290 short of its 52week high 355 which the company reached on april 18th trading volume 23 m remained 28 million below its 50day average volume of 50 m editors note this story was autogenerated by automated insights an automation technology provider using data from dow jones and factset see our market data terms of use

morgan stanley says stick to the fundamentals as the market worries over ukraine and the fed

tesla stock hit a new alltime high in friday trading and closed at a record the stock’s recent run has been incredible how high can it go tesla ticker tsla stock closed at 90968 up about 18 the sp 500 dropped about 01 while the dow jones industrial average added about 02 shares of the electricvehicle giant have been

shares of goldman sachs group inc gs inched 068 higher to 32197 wednesday on what proved to be an allaround positive trading session for the stock market with the sp 500 index spx rising 112 to 444659 and the dow jones industrial average djia rising 101 to 3456459 the stocks rise snapped a twoday losing streak goldman sachs group inc closed 10419 below its 52week high 42616 which the company achieved on november 2nd the stock outperformed some of its competitors wednesday as jpmorgan chase co jpm fell 322 to 12730 bank of america corp bac fell 089 to 3882 and citigroup inc c fell 038 to 5015 trading volume 30 m eclipsed its 50day average volume of 29 m editors note this story was autogenerated by automated insights an automation technology provider using data from dow jones and factset see our market data terms of use

shares of gartner inc it advanced 149 to 31957 monday on what proved to be an allaround positive trading session for the stock market with the sp 500 index spx rising 033 to 415132 and the dow jones industrial average djia rising 030 to 3398718 gartner inc closed 3868 below its 52week high 35825 which the company reached on december 13th the stock outperformed some of its competitors monday as trade desk inc cl a ttd rose 084 to 6120 iqvia holdings inc iqv rose 113 to 20262 and omnicom group inc omc rose 074 to 9571 trading volume 299758 remained 187749 below its 50day average volume of 487507 editors note this story was autogenerated by automated insights an automation technology provider using data from dow jones and factset see our market data terms of use

gold prices decline on tuesday after finishing in the red for the third straight week and as traders brace for more interestrate hikes by the federal reserve gold prices declined on tuesday as us traders returned from a threeday weekend after the yellow metal finished in the red for the third straight week amid expectations for more interestrate hikes by the federal reserve shifting expectations about the feds plans have caused gold to nearly erase all of its yeartodate gains as the us dollar and treasury yields have moved higher us markets were closed monday for the presidents day holiday but after posting losses in each of the last three weeks they are poised to register their first monthly loss in four months it has been a rough month for gold so far thanks to the strong jobs and hot inflation data from the united states pushing up treasury yields said lukman otunuga manager of market analysis at fxtm hawkish comments from federal reserve officials rubbed salt into the wound given how the precious metal is en route to experiencing its first monthly loss since october 2022 bulls need to get their mojo back but a hawkish set of fed minutes due out wednesday will most likely add insult to injury potentially dragging prices toward 1800 he said in market commentary such a development may invite further downside in the short to medium term a stronger dollar following a pair of sp surveys that revealed the us shows signs of a rebound in february also weighed on gold by making the yellow metal more expensive for buyers in other currencies the ice us dollar index a measure of the bucks strength against a basket of rivals rose 03 to 10421

march 29 reuters canadas benchmark stock index was set for a higher open on wednesday supported by higher crude oil prices amid easing worries of turmoil in the global banking sector march futures on the sptsx index were up 08 at 712 am et oil prices rose for a third straight session as a halt in some exports from iraqi kurdistan raised concerns of tightening supply among stocks brokerage credit suisse upgraded its rating on oil transportation firm enbridge inc enbto to neutral from underperform finance minister chrystia freeland on tuesday presented a budget in parliament that was aimed at attracting investment in the lowcarbon economy and also included a grocery rebate for 11 million lowincome canadians in the previous session the toronto stock exchanges sptsx composite index gsptse ended 02 higher led by gains in energy and materials sectors dow eminis were up 227 points or 07 at 712 am et while sp 500 eminis were up 325 points or 081 and nasdaq 100 eminis were up 1015 points or 08 commodities at 712 am et feb pending home sales data due at 10 am et reporting by johann m cherian in bengaluru editing by shweta agarwal

america’s top stockmarket regulators are meeting wednesday to consider how your fund managers report their votes on hotbutton issues like executive pay mergers and the environment funds would have to disclose greater detail on how they voted on the companies in their portfolios under a proposal that will be taken up at the morning meeting of the securities and exchange commission mutual funds and exchangetraded funds already must file an annual summary of their votes on corporate proxy matters—but the format of these

shares of deere co de sank 057 to 36605 monday on what proved to be an allaround positive trading session for the stock market with the sp 500 index spx rising 040 to 429714 and the dow jones industrial average djia rising 045 to 3391244 the stocks fall snapped a threeday winning streak deere co closed 8071 short of its 52week high 44676 which the company reached on april 20th the stock demonstrated a mixed performance when compared to some of its competitors monday as caterpillar inc cat fell 045 to 19595 agco corp agco fell 077 to 11183 and kubota corp adr kubty rose 069 to 8348 trading volume 12 m remained 313677 below its 50day average volume of 15 m editors note this story was autogenerated by automated insights an automation technology provider using data from dow jones and factset see our market data terms of use

shares of walgreens boots alliance inc wba rallied 153 to 3711 monday on what proved to be an allaround favorable trading session for the stock market with the sp 500 index spx rising 114 to 413729 and the dow jones industrial average djia rising 111 to 3424593 this was the stocks second consecutive day of gains walgreens boots alliance inc closed 1191 below its 52week high 4902 which the company achieved on february 14th the stock demonstrated a mixed performance when compared to some of its competitors monday as amazoncom inc amzn rose 198 to 9954 cvs health corp cvs rose 023 to 8987 and mckesson corp mck fell 030 to 36696 trading volume 55 m remained 908213 below its 50day average volume of 64 m editors note this story was autogenerated by automated insights an automation technology provider using data from dow jones and factset see our market data terms of use

shares of boeing co ba slipped 395 to 18825 thursday on what proved to be an allaround dismal trading session for the stock market with the sp 500 index spx falling 145 to 382239 and dow jones industrial average djia falling 105 to 3302749 the stocks fall snapped a fourday winning streak boeing co closed 4142 below its 52week high 22967 which the company achieved on january 18th the stock underperformed when compared to some of its competitors thursday as raytheon technologies corp rtx fell 125 to 9851 trading volume 69 m remained 10 million below its 50day average volume of 79 m editors note this story was autogenerated by automated insights an automation technology provider using data from dow jones and factset see our market data terms of use

shares of broadridge financial solutions inc br shed 089 to 13994 wednesday on what proved to be an allaround dismal trading session for the stock market with the sp 500 index spx falling 038 to 405599 and dow jones industrial average djia falling 068 to 3330187 this was the stocks second consecutive day of losses

shares of palantir technologies inc pltr rallied 863 to 1007 tuesday on what proved to be an allaround mixed trading session for the stock market with the sp 500 index spx rising 016 to 383139 and the dow jones industrial average djia falling 042 to 3096782 this was the stocks second consecutive day of gains palantir technologies inc closed 1922 short of its 52week high 2929 which the company achieved on september 17th the stock outperformed some of its competitors tuesday as tyler technologies

shares of paycom software inc payc rose 207 to 29259 monday on what proved to be an allaround grim trading session for the stock market with the sp 500 index spx falling 008 to 389209 and dow jones industrial average djia falling 034 to 3351765 the stocks rise snapped a fiveday losing streak paycom software inc closed 11019 below its 52week high 40278 which the company achieved on august 15th the stock demonstrated a mixed performance when compared to some of its competitors monday as oracle corp orcl rose 127 to 8642 and intuit inc intu rose 249 to 39534 trading volume 11 m eclipsed its 50day average volume of 449618 editors note this story was autogenerated by automated insights an automation technology provider using data from dow jones and factset see our market data terms of use

shares of xpeng inc xpev rallied 27 in premarket trading monday after the chinabased electric vehicle maker reported a more than tripling in october deliveries as it surpassed the 10000 mark despite the challenges faced by the semiconductor shortage the company delivered 10138 evs up 233 from a year ago including 6044 p7 sports sedans 3657 g3 and g31 suvs and 437 p5 family sedans year to date the company said it has delivered 66542 evs up 289 form a year ago separately li auto inc li said october deliveries rose 1072 to 7649 bringing the yeartodate deliveries to 62919 lis stock slipped 26 ahead of the open the deliveries increases for xpeng and li was in contrast with fellow chinabased ev maker nio inc nio which saw october deliveries fall 275 xpengs stock has rallied 151 over the past three months through friday and li auto shares have declined 23 while the sp 500 spx has gained 48

shares of tmobile us inc tmus advanced 133 to 14676 monday on what proved to be an allaround great trading session for the stock market with the sp 500 index spx rising 037 to 412451 and the dow jones industrial average djia rising 098 to 3360115 this was the stocks fourth consecutive day of gains tmobile us inc closed 762 short of its 52week high 15438 which the company reached on november 2nd the stock outperformed some of its competitors monday as verizon communications inc vz rose 085 to 3922 and att inc t rose 073 to 1939 trading volume 57 m eclipsed its 50day average volume of 52 m editors note this story was autogenerated by automated insights an automation technology provider using data from dow jones and factset see our market data terms of use

corcel plc said tuesday that chairman james parsons has decided to receive his remuneration for the next four months in stock of the company the londonlisted company which invests in battery metals and flexiblegrid solutions said that it has issued 169 million new shares to mr parsons at the closing price of 0265 pence on jan 30 in order to pay februarys salary and certain historic obligations from 2021 following the agreement the companys chairman currently holds 287 of its total share capital the company said that mr parsonss proposal seeks to both reduce the groups cash burn and ensure alignment with shareholders

shares of raymond james financial inc rjf slipped 066 to 9801 tuesday on what proved to be an allaround rough trading session for the stock market with the sp 500 index spx falling 067 to 409119 and dow jones industrial average djia falling 123 to 3239617 the stocks fall snapped a twoday winning streak raymond james financial inc closed 1936 short of its 52week high 11737 which the company reached on february 10th despite its losses the stock outperformed some of its competitors tuesday as charles schwab corp schw fell 170 to 6755 trading volume 748516 remained 563373 below its 50day average volume of 13 m editors note this story was autogenerated by automated insights an automation technology provider using data from dow jones and factset see our market data terms of use

stocks fall under the weight of russiaukraine tensions and break support russia’s invasion is causing stocks and commodities to move earnings season goes on with mixed results and reactions the russian occupation of certain regions of ukraine along with warnings from the us state department that russia is poised to take over the entire country pushed stocks lower once again on wednesday the sp 500 spx broke an important support level by trading below 4300 this level held in january of 2022 and october and july of 2021 depending on which technical analyst you talk to the next level of support could be between the 4050 to 4000 range while oil futures closed relatively flat despite a volatile morning of trading palladium futures rose 370 russia is the largest producer of palladium russia is also a big player in nickel and those futures rose about 1 on the day other russiarelated assets are also struggling russian adr mobile telesystems mbt fell 879 on wednesday overnight the moex russia stock index pared some of its losses from monday’s 20 selloff the troubles may not be just with russian companies president joe biden announced new sanctions on switzerlandbased company nord stream 2 ag which built the russian nord stream 2 gas pipeline if the united states and its allies are willing to target russian companies specifically russian stocks will likely struggle the dow jones industrial average dji also broke support but is trading just below its june 2021 low however the average will likely be weighed down by the sp 500 if it continues to slide on thursday the nasdaq composite comp is testing its may 2021 low and is moving into an area of congestion between the 13000 and 12000 levels while value stocks fared better than growth stocks the sp 500 pure value index still fell more than 1 the sp 500 pure growth index dropped 256 the energy sector was the only sector to finish the day in the positive consumer discretionary and technology were the worstperforming sectors on the day after the close ebay ebay announced earnings that came right in line with earnings estimates but offered a more conservative earnings outlook that missed analyst expectations the stock fell more than 9 in extendedhours trading booking holdings bkng rallied 284 in afterhours trading on betterthanexpected earnings and revenue the company also offered a more positive outlook saying that it’s seeing “meaningful improvement” on travel trends as omicron cases continue to fall staying with the travel group hertz global htz announced a new record profit this allowed htz to beat on earnings estimates but fell short on revenue the miss on revenue took the stock down about 4 in afterhours trading many investors are concerned about the future of all rental car companies because of the shortage of new cars during the pandemic over the last two years rental car companies haven’t been able to replace their vehicles this means an enormous amount of spending is in the future for these companies while people may not be traveling as much they don’t seem to be afraid to go to the movies imax imax announced betterthanexpected results on top and bottom line numbers the stock rallied 78 after the bell while there were several companies announcing earnings before the open on wednesday retailers were attracting attention home improvement store lowe’s low reported that it was able to beat on top and bottom line numbers low squeaked out a 029 gain on a very down day discount retailer tjx companies tjx fell more 423 after missing on earnings and revenue estimates ceo ernie herrman said that company was experiencing higher sales until the rise of the omicron variant started keeping shoppers home additionally higher freight expenses drove down margins on merchandise outside of retail the maker of dodge and jeep vehicles stellantis nv stla reported betterthanexpected earnings prompting it to rally 413 this is the first earnings since the merger of fiat chrysler and france’s psa group stla was able to grow sales 14 for the year despite all the pandemicrelated issues the company expects a 3 increase in sales over the next year mining company rio tinto rio reported a 72 increase in earnings for 2021 due to soaring commodity prices rio also announced a total dividend for the year of 1040 per share along with a special dividend of 247 per share the dividend constitutes a 79 payout of underlying earnings for a total of 77 billion in dividends being paid the positive earnings announcement from bookings bkng may help travel and leisure stocks on thursday but the group is facing an uphill climb after the dow jones us travel leisure index fell nearly 3 on wednesday with that said the sector has begun to demonstrate relative strength against the sp 500 and appears to be led by the hotels group the dow jones us hotels index doesn’t appear to have suffered the same problems that the airline group has with covid19 and its variants in fact marriott international mar soundly beat earnings and revenue estimates last week which helped the stock create a new alltime high perhaps these are good signs that the end is near—the end of the pandemic that is

shares of dollarama inc dol inched 059 higher to c7695 friday in what proved to be an allaround positive trading session for the canadian market with the sptsx composite index gsptse rising 120 to 2058158 dollarama inc closed c893 short of its 52week high c8588 which the company achieved on december 8th trading volume of 630996 shares eclipsed its 50day average volume of 617469 editors note this story was autogenerated by automated insights an automation technology provider using data from dow jones and factset see our market data terms of use

shares of principal financial group inc pfg shed 445 to 7950 friday on what proved to be an allaround great trading session for the stock market with the sp 500 index spx rising 099 to 458223 and the dow jones industrial average djia rising 050 to 3545929 this was the stocks second consecutive day of losses principal financial group inc closed 1667 short of its 52week high 9617 which the company achieved on november 11th the stock underperformed when compared to some of its competitors friday as chubb ltd cb fell 247 to 20598 editors note this story was autogenerated by automated insights an automation technology provider using data from dow jones and factset see our market data terms of use

shares of intel corp intc shed 151 to 3134 friday on what proved to be an allaround positive trading session for the stock market with the sp 500 index spx rising 011 to 429886 and the dow jones industrial average djia rising 013 to 3387678 intel corp closed 939 short of its 52week high 4073 which the company reached on july 19th the stock underperformed when compared to some of its competitors friday as nvidia corp nvda rose 068 to 38770 trading volume 401 m remained 32 million below its 50day average volume of 433 m editors note this story was autogenerated by automated insights an automation technology provider using data from dow jones and factset see our market data terms of use

shares of invesco ltd ivz shed 110 to 2241 tuesday on what proved to be an allaround favorable trading session for the stock market with the sp 500 index spx rising 069 to 454654 and the dow jones industrial average djia rising 078 to 3540524 the stocks fall snapped a threeday winning streak invesco ltd closed 730 short of its 52week high 2971 which the company reached on june 7th the stock underperformed when compared to some of its competitors tuesday as blackrock inc blk rose 037 to 82595 carlyle group inc cg rose 323 to 5270 and lazard ltd laz rose 131 to 4421 trading volume 69 m eclipsed its 50day average volume of 42 m editors note this story was autogenerated by automated insights an automation technology provider using data from dow jones and factset see our market data terms of use

shares of hologic inc holx shed 038 to 7644 tuesday on what proved to be an allaround grim trading session for the stock market with the sp 500 index spx falling 008 to 435419 and dow jones industrial average djia falling 015 to 3391984 this was the stocks second consecutive day of losses hologic inc closed 856 short of its 52week high 8500 which the company reached on february 16th the stock underperformed when compared to some of its competitors tuesday as johnson johnson jnj rose 044 to 16453 abbott laboratories abt rose 021 to 12513 and thermo fisher scientific inc tmo rose 116 to 59704 trading volume 940407 remained 737860 below its 50day average volume of 17 m editors note this story was autogenerated by automated insights an automation technology provider using data from dow jones and factset see our market data terms of use

a growing number of us firms are able to pass along their higher costs to consumers and it remains to be seen how high the federal reserve will need to raise its benchmark policy interest rate to get inflation under control said richmond fed president tom barkin on wednesday “i am increasingly hearing” that companies have socalled “pricing power” barkin said in an interview with bloomberg businesses still frustrated by supply chain woes resulting from the pandemic are seeing costs increases from suppliers and are “determined” to pass those higher costs on to consumers barkin said firms are not yet getting a reaction in the marketplace that indicates they will lose market share because of their higher prices he added the good news barkin said is that business executives don’t expect this situation to last into 2023 “they think a lot of these temporary factors will cease they see what the fed is doing on rates they believe a lot of the excess saving in consumers’ pockets will come out” he said “that’s what we’re trying to meet an inflation situation that is settling” barkin added earlier this month barkin said the fed was 910 quarterpoint rate hikes away from around a 275 3 “neutral” policy that neither restricts or boosts growth on wednesday he refused to be drawn into a discussion of whether he supports a 50 basis point increase in the fed’s policy rate at its next meeting on may 4 he said he was “open to it” but would make a decision after seeing all the economy data over the next month barkin is not a voting member of the fomc this year the fed’s benchmark fed funds rate is far away from “neutral” and it is not clear rate will constrain the economy “for a while” barkin said the richmond fed president was upbeat on the economic outlook saying he was struck by the strength of underlying demand in the economy consumers still have an estimated that excess savings is well over 2 trillion he said in addition business investment and spending is strong and state and local governments are flush with cash barkin said the labor market remained very tight but that businesses no longer have the same “level of angst” about it that they did late last year us stocks djia spx were lower on wednesday while the yield on the 10year treasury note tmubmusd10y fell to 2365

northern states power company a minnesota corporation announced today that it has submitted a redemption notice to the depository trust company as registered holder to redeem all of its outstanding 215 first mortgage bonds series due august 15 2022 the bonds on may 20 2022 the redemption date the redemption price for the bonds will be equal to 100 of the principal amount being redeemed plus accrued and unpaid interest thereon to but excluding the redemption date the aggregate principal amount of bonds currently outstanding is 300000000 this press release does not constitute a notice of redemption of the bonds holders of the bonds should refer to the notice of redemption to be delivered through the depository trust company this press release is not an offer to sell or a solicitation of an offer to buy any securities

shares of eaton corp plc etn rallied 175 to 14064 tuesday on what proved to be an allaround great trading session for the stock market with the sp 500 index spx rising 114 to 371998 and the dow jones industrial average djia rising 112 to 3052380 this was the stocks second consecutive day of gains eaton corp plc closed 3508 short of its 52week high 17572 which the company reached on november 16th the stock demonstrated a mixed performance when compared to some of its competitors tuesday as nidec corp adr njdcy rose 055 to 1289 emerson electric co emr rose 191 to 8160 and schneider electric se adr sbgsy rose 287 to 2511 trading volume 20 m eclipsed its 50day average volume of 17 m editors note this story was autogenerated by automated insights an automation technology provider using data from dow jones and factset see our market data terms of use

shares of american express co axp advanced 183 to 18448 monday on what proved to be an allaround dismal trading session for the stock market with the sp 500 index spx falling 002 to 439169 and dow jones industrial average djia falling 011 to 3441169 this was the stocks third consecutive day of gains american express co closed 1507 short of its 52week high 19955 which the company achieved on february 16th the stock demonstrated a mixed performance when compared to some of its competitors monday as visa inc cl a v rose 018 to 21317 mastercard inc ma fell 029 to 35680 and jpmorgan chase co jpm rose 186 to 12846 trading volume 22 m remained 20 million below its 50day average volume of 42 m editors note this story was autogenerated by automated insights an automation technology provider using data from dow jones and factset see our market data terms of use

shares of cenovus energy inc cve slipped 441 to c1516 tuesday in what proved to be an allaround negative trading session for the canadian market with the sptsx composite index gsptse falling 231 to 2065999 cenovus energy inc closed c161 below its 52week high c1677 which the company reached on november 8th trading volume of 117 m shares eclipsed its 50day average volume of 69 m editors note this story was autogenerated by automated insights an automation technology provider using data from dow jones and factset see our market data terms of use

shares of energy transfer lp et advanced 186 to 986 wednesday on what proved to be an allaround dismal trading session for the stock market with the nasdaq composite index comp falling 015 to 1124758 and dow jones industrial average djia falling 067 to 3077279 the stocks rise snapped a twoday losing streak energy transfer lp closed 262 below its 52week high 1248 which the company achieved on may 5th the stock outperformed some of its competitors wednesday as enterprise products partners lp

shares of bank of new york mellon corp bk slipped 321 to 4950 tuesday on what proved to be an allaround poor trading session for the stock market with the sp 500 index spx falling 153 to 398637 and dow jones industrial average djia falling 172 to 3285646 this was the stocks second consecutive day of losses bank of new york mellon corp closed 413 below its 52week high 5363 which the company achieved on march 29th the stock demonstrated a mixed performance when compared to some of its competitors tuesday as jpmorgan chase co jpm fell 294 to 13862 wells fargo co wfc fell 468 to 4445 and morgan stanley ms fell 236 to 9606 trading volume 54 m eclipsed its 50day average volume of 52 m editors note this story was autogenerated by automated insights an automation technology provider using data from dow jones and factset see our market data terms of use

shares of entergy corp etr inched 047 higher to 11878 thursday on what proved to be an allaround mixed trading session for the stock market with the dow jones industrial average djia rising 008 to 3333667 and the sp 500 index spx falling 007 to 420727 entergy corp closed 804 below its 52week high 12682 which the company reached on april 21st the stock outperformed some of its competitors thursday as dominion energy inc d fell 046 to 8176 duke energy corp duk fell 050 to 10851 and southern co so fell 050 to 7790 trading volume 827066 remained 265459 below its 50day average volume of 11 m editors note this story was autogenerated by automated insights an automation technology provider using data from dow jones and factset see our market data terms of use

the uslisted shares of li auto inc li rose 15 in premarket trading friday after the chinabased electric vehicle maker reported a more than 63 jump in secondquarter deliveries the company said it delivered 13024 li ones in june up 689 from a year ago after delivering 11496 li ones in may the company had unveiled its li l9 sixseat smart utility vehicle on june 21 that lifted secondquarter deliveries to 28687 a 632 increase from a year ago li autos stock has rallied 194 year to date through thursday while the ishares msci china etf mchi has lost 111 and the sp 500 spx has dropped 206

shares of masco corp mas rallied 127 to 4712 wednesday on what proved to be an allaround favorable trading session for the stock market with the sp 500 index spx rising 149 to 387844 and the dow jones industrial average djia rising 160 to 3337648 the stocks rise snapped a fiveday losing streak masco corp closed 2394 below its 52week high 7106 which the company reached on january 4th the stock underperformed when compared to some of its competitors wednesday as ppg industries inc ppg rose 192 to 12715 trading volume 14 m remained 505778 below its 50day average volume of 19 m editors note this story was autogenerated by automated insights an automation technology provider using data from dow jones and factset see our market data terms of use

shares of public storage psa slid 058 to 30018 wednesday on what proved to be an allaround rough trading session for the stock market with the sp 500 index spx falling 061 to 399532 and dow jones industrial average djia falling 042 to 3396635 the stocks fall snapped a twoday winning streak public storage closed 12158 short of its 52week high 42176 which the company achieved on april 21st despite its losses the stock outperformed some of its competitors wednesday as extra space storage inc

shares of amcor plc amcr slumped 035 to 1153 wednesday on what proved to be an allaround poor trading session for the stock market with the sp 500 index spx falling 063 to 460245 and dow jones industrial average djia falling 019 to 3522881 the stocks fall snapped a fourday winning streak amcor plc closed 139 short of its 52week high 1292 which the company reached on august 25th the stock demonstrated a mixed performance when compared to some of its competitors wednesday as ball corp bll rose

us stock indexes were struggling for direction midsession wednesday after giving back an early bounce on march consumer price index data showing inflation though slowing is still elevated on tuesday the dow jones industrial average rose 98 points or 029 to 33685 the sp 500 closed less than a point lower at 410894 and the nasdaq composite dropped 52 points or 043 to 12032 the us consumerprice index rose 01 in march according to data released by the bureau of labor statistics on wednesday economists polled by the wall street journal had forecast a 02 increase the yearly rate of inflation slowed to 5 from 6 the socalled core rate of inflation that omits food and energy prices rose a sharper 04 as expected but the pace of annual core cpi inflation went up to 56 from 55 also in line with wall streets expectation see inflation stays stubbornly high us cpi shows even as prices rise more slowly the nasdaq flipped into losses after its initial gain following the release of cpi data while the dows gain narrowed while the cpi data is good news core cpi numbers show that inflation is still sticky according to giles coghlan chief market analyst at hycm thats why were not seeing an unmitigated relief rally off the initial print coghlan said fed funds futures traders are pricing in a somewhat higher likelihood of a pause by the federal reserve next month the chance of a pause in may was seen at 328 on wednesday up from 27 a day ago according to the cme fedwatch tool still the latest cpi print hasnt fundamentally shifted the narrative around inflation and the economy outlook and it is not absolutely clear what the fed will do in may goghlan said james knightley ings chief international economist said he still expects the fed to raise its key interest rate by 25 basis point in may however it could mark the peak for the fed funds rate knightley said in emailed comments the combination of higher borrowing costs and the tightening of lending conditions that will inevitably result from the fallout of the recent banking stresses heightens the risk of a hard economic landing knightley wrote this will make it even more likely that inflation returns to the 2 target by early next year richmond fed president tom barkin on wednesday said that the us central bank has more work to do to bring inflation under control barkin said the march consumer price data was pretty much as expected and said he puts more emphasis on the core rate we had some good news on energy but there is still more to do to get core inflation back down to where wed like it to be barkin said adding to investor caution is the looming firstquarter us corporate earnings season which gets into gear on friday when the likes of jpmorgan chase jpm wells fargo wfc and citigroup c will present their numbers traders are positioned for disappointment with speculators netshort bets on the sp 500 at the highest level since 2011 investors will also be expecting minutes of the federal reserves march policy meeting due 2 pm eastern time this content was created by marketwatch which is operated by dow jones co marketwatch is published independently from dow jones newswires and the wall street journal

shares of steris plc ste shed 139 to 22251 monday on what proved to be an allaround poor trading session for the stock market with the sp 500 index spx falling 028 to 411863 and dow jones industrial average djia falling 014 to 3279840 the stocks fall snapped a fiveday winning streak steris plc closed 3342 short of its 52week high 25593 which the company reached on april 20th the stock demonstrated a mixed performance when compared to some of its competitors monday as thermo fisher scientific inc tmo fell 148 to 58955 medtronic plc mdt rose 061 to 9308 and danaher corp dhr fell 122 to 28790 trading volume 432523 remained 48095 below its 50day average volume of 480618 editors note this story was autogenerated by automated insights an automation technology provider using data from dow jones and factset see our market data terms of use

shares of stanley black decker inc swk rose 131 to 7967 tuesday on what proved to be an allaround great trading session for the stock market with the sp 500 index spx rising 130 to 400287 and the dow jones industrial average djia rising 098 to 3256060 this was the stocks second consecutive day of gains stanley black decker inc closed 6947 short of its 52week high 14914 which the company achieved on march 22nd the stock demonstrated a mixed performance when compared to some of its competitors tuesday as danaher corp dhr rose 146 to 24838 and illinois tool works inc itw rose 054 to 23516 trading volume 19 m remained 53864 below its 50day average volume of 20 m editors note this story was autogenerated by automated insights an automation technology provider using data from dow jones and factset see our market data terms of use

shares of american water works co awk shed 289 to 15269 wednesday on what proved to be an allaround rough trading session for the stock market with the sp 500 index spx falling 156 to 392886 and dow jones industrial average djia falling 181 to 3329696 this was the stocks fourth consecutive day of losses american water works co closed 2118 below its 52week high 17387 which the company achieved on april 8th the stock underperformed when compared to some of its competitors wednesday as essential utilities inc wtrg fell 241 to 4707 american states water co awr fell 186 to 9424 and california water service group cwt fell 142 to 6164 trading volume 780818 eclipsed its 50day average volume of 746156 editors note this story was autogenerated by automated insights an automation technology provider using data from dow jones and factset see our market data terms of use

shares of cms energy corp cms inched 099 higher to 6102 thursday on what proved to be an allaround great trading session for the stock market with the sp 500 index spx rising 122 to 442584 and the dow jones industrial average djia rising 126 to 3440806 this was the stocks second consecutive day of gains cms energy corp closed 1017 short of its 52week high 7119 which the company achieved on august 19th the stock demonstrated a mixed performance when compared to some of its competitors thursday as duke energy corp duk rose 092 to 9169 southern co so rose 040 to 7076 and exelon corp exc rose 174 to 4082 trading volume 18 m remained 537376 below its 50day average volume of 24 m editors note this story was autogenerated by automated insights an automation technology provider using data from dow jones and factset see our market data terms of use

ds smith plc smds shares inched up 003 to £354 monday on what proved to be an allaround great trading session for the stock market with the ftse 100 index ukx rising 025 to 778487 ds smith plc closed 3390 pence short of its 52week high £388 which the company achieved on february 10 trading volume 31 m remained 14 million below its 50day average volume of 44 m editors note this story was autogenerated by automated insights an automation technology provider using data from dow jones and factset see our market data terms of use

asia’s hardware technology stocks led by chipmakers are getting back in the spotlight as china’s regulatory onslaught casts a shadow over some of the region’s biggest and hottest software names the msci asia pacific information technology index that includes the likes of taiwan semiconductor manufacturing co and samsung electronics co jumped 32 this week the most since january in contrast the msci asia pacific communication services index dominated by consumer internet giants such as tencent holdings ltd fell for a third week the gauge tumbled almost 12 in july its worst monthly performance since 2008

shares of peloton interactive inc pton shed 454 to 1325 tuesday on what proved to be an allaround rough trading session for the stock market with the nasdaq composite index comp falling 125 to 1153033 and dow jones industrial average djia falling 172 to 3285646 the stocks fall snapped a threeday winning streak peloton interactive inc closed 1889 below its 52week high 3214 which the company reached on march 29th the stock underperformed when compared to some of its competitors tuesday as apple inc aapl fell 145 to 15160 nike inc cl b nke fell 048 to 11959 and lululemon athletica inc lulu fell 092 to 30181 trading volume 97 m remained 38 million below its 50day average volume of 135 m editors note this story was autogenerated by automated insights an automation technology provider using data from dow jones and factset see our market data terms of use

shares of gilead sciences inc gild inched 063 higher to 6273 wednesday on what proved to be an allaround positive trading session for the stock market with the sp 500 index spx rising 036 to 384508 and the dow jones industrial average djia rising 023 to 3103768 gilead sciences inc closed 1139 short of its 52week high 7412 which the company reached on december 30th the stock outperformed some of its competitors wednesday as johnson johnson jnj rose 009 to 17830 merck co inc mrk rose 053 to 9313 and abbvie inc abbv fell 091 to 15253 trading volume 59 m remained 22 million below its 50day average volume of 81 m editors note this story was autogenerated by automated insights an automation technology provider using data from dow jones and factset see our market data terms of use

us stock futures were pointing to a higher start for wall street at the end of a volatile week after federal reserve chairman jerome powell cooled speculation over the potential for 75basis point rate hikes on thursday the dow industrials djia dropped 10381 points or 03 to end at 3173030 about 500 points off the session’s low but notching a sixth day of losses the sp 500 spx slipped 01 to 393008 the nasdaq composite comp rose 01 to 1137096 the fed is not “actively considering” a 75basis point interest rate increase fed chairman powell told marketplace after the market close on thursday though he also said the central bank may not be able to engineer a “soft landing” for the economy stocks pared losses on thursday after the senate confirmed powell him to a second term but even if equities can manage a win on friday all three indexes are headed for sizable weekly losses led by the nasdaq down 63 as of thursday that would mark the battered tech index’s sixth straight weekly loss with the dow industrials set to mark its seventh consecutive weekly loss off 35 down 46 the sp 500 is also poised to mark a sixthstraight weekly fall as it also skirts bear market territory defined as a drop of 20 from a recent peak off 181 from a jan 3 record high the sp would only need to close at or below 383724 to enter a bear market it would also mark the first time in over a decade that the index has seen six straight weeks of declines pointed out a team of deutsche bank strategists led by henry hill “unlike in april when the equity declines were triggered by the prospect of a more aggressive fed tightening cycle and went handinhand with sovereign bond losses this week’s declines have much more obviously surrounded global growth risks which you can see in the way that fed funds futures are now beginning to take out some of the tightening they’d been pricing in over the year ahead” said hill the market has endured higherthanforecast consumer prices this week as well as continued high producer prices economic data ahead includes april import prices at 830 am eastern followed by the university of michigan consumer sentiment index for may at 10 am eastern and comments by minneapolis fed president neel kashkari at 11 am eastern some recovery in battered cryptocurrency markets opn friday may also be helping sentiment overall said analysts bitcoin btcusd was trading at 30360 after staging a slight recovery from a roughly 16month low hit thursday of 25400 amid a collapse of some stablecoins which are supposed to be pegged to the dollar read why is ust luna crashing collapse of a once 40 billion cryptocurrency explained how are other assets trading treasury yields were on the rise the yield on the 10year note tmubmusd10y rose 6 basis points to 2875 while that of the 2year tmubmusd02y gained 6 basis points to 2760 oil futures rose modestly with the us benchmark cl1 up 07 at 10690 a barrel gold futures gc00 inched down to 182320 an ounce the shanghai composite cnshcomp rose 09 while the hang seng index hkhsi jumped 23 and japan’s nikkei 225 jpnik surged 26

shares of illinois tool works inc itw rallied 150 to 22898 tuesday on what proved to be an allaround positive trading session for the stock market with the sp 500 index spx rising 024 to 428385 and the dow jones industrial average djia rising 003 to 3357328 illinois tool works inc closed 2439 below its 52week high 25337 which the company achieved on february 2nd the stock outperformed some of its competitors tuesday as 3m co mmm rose 032 to 9829 roper technologies inc rop fell 020 to 45397 and amphenol corp cl a aph rose 104 to 7750 trading volume 827739 remained 271645 below its 50day average volume of 11 m editors note this story was autogenerated by automated insights an automation technology provider using data from dow jones and factset see our market data terms of use

shares of hologic inc holx slipped 125 to 8134 tuesday on what proved to be an allaround poor trading session for the stock market with the sp 500 index spx falling 064 to 410990 and dow jones industrial average djia falling 101 to 3301214 this was the stocks second consecutive day of losses hologic inc closed 654 short of its 52week high 8788 which the company reached on may 1st the stock underperformed when compared to some of its competitors tuesday as johnson johnson jnj fell 013 to 15934 abbott laboratories abt fell 041 to 10939 and medtronic plc mdt fell 046 to 8890 trading volume 12 m remained 104254 below its 50day average volume of 13 m editors note this story was autogenerated by automated insights an automation technology provider using data from dow jones and factset see our market data terms of use

shares of apple inc aapl slipped 098 to 16502 friday on what proved to be an allaround favorable trading session for the stock market with the nasdaq composite index comp rising 011 to 1207246 and the dow jones industrial average djia rising 007 to 3380896 this was the stocks second consecutive day of losses

the bank of israel building is seen in jerusalem june 16 2020 reutersronen zvulun jerusalem june 30 reuters the bank of israel is expected to raise shortterm interest rates by half a percentage point next week to a nineyear high in a bid to keep inflation under control amid very low unemployment and strong economic growth of 15 economists polled by reuters 14 forecast that the central banks monetary policy committee mpc will raise the benchmark rate ilinreci to 125 its highest level since september 2013 from 075 in what would be its third straight hike one other anticipated a 025 point increase to 10 the bank will announce its decision on monday at 4 pm 1300 gmt a halfpoint increase would be the most aggressive policy move since a 34point reduction in early 2009 during the global financial crisis it would also match its strongest rate increase since late 2005 and keep up with us rate increases the bank of israel wants to make sure the market knows that they are willing to fight inflation hard to finish with it and take inflation expectations down said psagot chief economist ori greenfeld on the heels of global supply issues and rising wages due to a tight labour market israels annual inflation reached an 11year high of 41 in may below expectations and far less than in other western countries economists believe inflation may climb near 5 well above the governments annual 13 target before moderating in 2023 israels economy grew 82 in 2021 and is expected to expand at least 5 in 2022 and 4 next year while the jobless rate stands at 35 the central bank will issue updated macro estimates on monday analysts also cite recent large rate hikes by the us federal reserve and other central banks as pushing israeli policymakers into a halfpoint move rather than a quarterpoint one they expect further rate hikes at subsequent meetings to bring the key rate to about 25 by the end of the year citi economist michel nies said expectations for aggressive hikes stem from the central bank choosing hawkish options for the prior two decisions raising rates by a quarter percentagepoint in april when the market expected 15 basis points and 40 basis points in may versus expectations of a quarter percentagepoint this suggests that the bank of israel sees the fact that israel has lower inflation than other economies as an opportunity to get ahead of the curve rather than as an argument for a slower pace of tightening he said

united utilities group plc uu shares inched up 067 to £1059 tuesday on what proved to be an allaround grim trading session for the stock market with the ftse 100 index ukx falling 035 to 775736 united utilities group plc closed £128 below its 52week high £1187 which the company achieved on april 7

shares of fmc corp fmc inched 082 higher to 13221 monday on what proved to be an allaround positive trading session for the stock market with the sp 500 index spx rising 081 to 458264 and the dow jones industrial average djia rising 030 to 3492188 the stocks rise snapped a twoday losing streak fmc corp closed 442 below its 52week high 13663 which the company reached on march 25th the stock outperformed some of its competitors monday as ppg industries inc ppg fell 048 to 13337 church dwight co chd fell 054 to 10081 and eastman chemical co emn rose 021 to 11161 trading volume 927187 remained 131415 below its 50day average volume of 11 m editors note this story was autogenerated by automated insights an automation technology provider using data from dow jones and factset see our market data terms of use

shares of dominion energy inc d inched 026 higher to 4927 tuesday on what proved to be an allaround rough trading session for the stock market with the sp 500 index spx falling 042 to 449938 and dow jones industrial average djia falling 045 to 3531449 dominion energy inc closed 3701 short of its 52week high 8628 which the company achieved on august 19th the stock demonstrated a mixed performance when compared to some of its competitors tuesday as nextera energy inc nee rose 010 to 6871 duke energy corp duk rose 275 to 9213 and southern co so rose 116 to 6881 editors note this story was autogenerated by automated insights an automation technology provider using data from dow jones and factset see our market data terms of use

offshore oil drilling has been growing slowly in recent years as energy companies have hesitated to commit to expensive new projects that can take years to pay off but research firm rystad energy expects a surge in new spending over the next two years with oil and gas demand rising after the pandemic some companies are looking for projects that can offer reliable production in the longer term the offshore oilandgas industry has 214 billion of new project investments lined up in the next two years the highest twoyear total in a decade according to rystad energy it will be the first time since 20122013 that companies have spent this much to develop offshore projects marking a shift from the recent past “offshore activity is expected to account for 68 of all sanctioned conventional hydrocarbons in 2023 and 2024 up from 40 between 20152018” according to rystad middle eastern producers will account for much of the growth though there are projects off several continents with europe looking for new sources of energy now that it has cut ties with russia some producers are looking for more offshore growth there uk offshore spending is projected to rise 30 this year to 7 billion according to rystad and spending on norwegian projects could increase 22 to 21 billion north america brazil and guyana are all seeing growth too guyana has become a particular hot spot for offshore drilling with exxon mobil ticker xom and hess hes in the midst of a major project there the country is planning to auction off more offshore blocks for exploration with shell shel petróleo brasileiro pbr and chevron cvx all showing interest according to reuters the spending will be a boon for offshore service and equipment companies in fact several of those stocks have been rising fast this year after trailing other energy companies since the pandemic switzerlandbased offshore oil services company transocean rig announced last month that its backlog had risen to its highest level since before the 2014 oil downturn its stock is up 60 so far this year alone finally returning to its early 2020 price levels long after oil producers and refiners had done so valaris val another offshore oil contractor based in houston is up 87 this year shares of diamond offshore drilling do also an offshore oil contractor have climbed 20 so far in 2023 some of the big oil service companies including schlumberger slb and baker hughes bkr also do considerable offshore work on its latest earnings call baker hughes said that its offshore work has been accelerating even as it has seen some slowdowns in north america early in the recovery from the pandemic oil producers tended to focus on drilling in shale formations which are cheaper to develop and can start producing oil and gas quickly offshore projects take about five years to start up on average even after approval according to the international energy agency shaledrilling projects have produced much of the growth in oil and gas production over the past decade but shale projects tend to see diminishing returns earlier than conventional ones with global oil demand likely to keep rising through the end of this decade some producers are looking for projects that can sustain production for longer and now many of them are looking offshore

dow on track for fifth day of declines us stocks opened mostly higher on thursday as nvidia corps earnings report sent shares of the chip maker soaring and the broader nasdaq along with it while the dow jones industrial average opened lower and looked set to fall for a fifth straight session talks to lift the debt ceiling ahead of a potential early june default also remain in focus with fitch ratings late wednesday warning the us could lose its aaa credit rating due to brinkmanship on wednesday the dow fell for a fourth straight ession as debtceiling worries continued to hang over the market fears about the looming debtceiling deadline was offset thursday by excitement about the prospects for artificialintelligence technology after chip maker nvidias results late wednesday resulting in a stark bifurcation between the nasdaq and the dow nvidia nvda shares surged 25 the dow a gauge arguably currently more sensitive to broader economic conditions was under pressure early thursday as debtceiling talks continued to hang over markets the prospect of the us government being unable to meet its financial obligations continues to be a key influence on investor sentiment in global equity markets said derren nathan head of equity research at hargreaves lansdown ructions at the short end of the treasury market where some 1month bill yields broke above 7 illustrate trader anxiety that unless congress can reach an agreement to extend the debtceiling the us government may technically default at the beginning of june ratings agency fitch late wednesday said it was placing the us aaa credit rating on watch for a possible downgrade given what it termed the debt ceiling brinkmanship however results and comments from nvidia nvda have boosted hopes that ai will deliver the next period of strong growth for a number of tech companies the ai revolution may be making a lot of noise but results from microchip firm nvidia hint at some substance behind the hype said russ mould investment director at aj bell shares of csai inc ai and advanced micro devices incamd were among those bathing in nvidias ai glow early thursday the optimism over semiconductors bade well for the wider tech sector according to mark newton head of technical strategy at fundstrat semis in relative terms to broader technology have the potential to break back out to new alltime highs this week on a ratio basis that would be important and positive for this leading sector to show such strength investors digested weekly jobless claims data and an updated reading on firstquarter gross domestic product initial jobless claims seen as a proxy for layoffs reached a seasonally adjusted 229000 last week according to data released by the labor department meanwhile gdp data showed the us grew at a somewhat faster but still tepid 13 annual pace in the first quarter updated figures show as high inflation and rising interest rates weighed on the economy outside the us germany released data showing its economy entered a recession during the first quarter several fed official were due to speak after the central bank released minutes from its latest meeting richmond fed president tom barkin will speak at 950 am and boston fed president susan collins is set to speak at 1030 am this content was created by marketwatch which is operated by dow jones co marketwatch is published independently from dow jones newswires and the wall street journal

the commerce department on thursday reported that gdp grew at an inflationadjusted 26 annual rate in the third quarter from the previous quarter bouncing back after declining during the first two quarters of the year and better than the 23 gain economists polled by the wall street journal were looking for moreover even as consumer spending on goods slipped for a third consecutive quarter spending on services remained robust—an indication of how the economy continues to transition back toward prepandemic patterns capital spending by businesses also kept growing

las vegas sands lvs is all set to report its latest quarterly earnings report on wednesday jan 25 2023 analysts expect the company to report a quarterly loss at 009 per share on revenue of 118 billion on cnbc’s options action mike khouw of optimize advisors said options markets are implying a move of 5 in las vegas sands stock by the end of the week don’t forget to check out our premarket coverage here there was a buyer of 1500 of the february 3 weekly 5660call spreads at an average price of 087 per contract khouw mentioned the trader expects lvs stock rising as much as 8 by next friday price action shares of las vegas sands gained 01 to close at 5547 on tuesday and added 01 in the afterhours trading session check this out insiders selling docusign adobe and 2 other stocks

inflation is slowing but consumers aren’t spending as much as hoped this holiday season data showed friday the core personalconsumption expenditures price index or pce deflator was up 02 in november and 47 from a year ago in line with what economists had forecast according to factset that compares with a 5 yearoveryear rise in october the index is the federal reserve’s preferred gauge of inflation

ftx the cryptocurrency exchange led by sam bankmanfried has reportedly won the bid to acquire voyager digital vygvq ftx and voyager have agreed on a purchase price of 50 million but this could be eventually doubled based on the latter reaching some key milestones including ones related to assets under management people familiar with the matter told bloomberg why it matters ftx and fellow cryptocurrency exchange binance made leading bids for the troubled cryptocurrency lender the wall street journal had reported on sept 20 the bid from changpeng zhaoled binance was said to be slightly higher than one from ftx at about 50 million popular bitcoin btcusd proponent simon dixon later in the week said that yet another cryptocurrency exchange crosstower was among the participants in the auction voyager filed for chapter 11 bankruptcy in july becoming the first major cryptocurrency firm to take this route bankmanfried who also heads alameda research has been on an acquisition spree this year editors note this is a developing story please refresh for updates

shares of iron mountain inc irm inched 062 higher to 5391 friday on what proved to be an allaround positive trading session for the stock market with the sp 500 index spx rising 009 to 413352 and the dow jones industrial average djia rising 007 to 3380896 iron mountain inc closed 376 below its 52week high 5767 which the company achieved on april 22nd

hindustan unilever ltd 500696 shares dropped 101 to 245975 indian rupees thursday on what proved to be an allaround poor trading session for the stock market with the sp bse sensex index 1 falling 090 to 5980628 hindustan unilever ltd closed 28125 rupees short of its 52week high 274100 rupees which the company achieved on december 9 the stock underperformed when compared to some of its competitors thursday as jyothy laboratories ltd jyothylab rose 230 to 19385 rupees and procter gamble hygiene health care ltd pghh fell 045 to 1382740 rupees trading volume 29995 remained 12690 below its 50day average volume of 42685 editors note this story was autogenerated by automated insights an automation technology provider using data from dow jones and factset see our market data terms of use

shares of intel corp intc slipped 116 to 2813 wednesday on what proved to be an allaround rough trading session for the stock market with the sp 500 index spx falling 165 to 393697 and dow jones industrial average djia falling 163 to 3203011 this was the stocks fourth consecutive day of losses intel corp closed 2438 short of its 52week high 5251 which the company reached on march 30th the stock underperformed when compared to some of its competitors wednesday as nvidia corp nvda rose 103 to 26468 trading volume 373 m remained 98 million below its 50day average volume of 471 m editors note this story was autogenerated by automated insights an automation technology provider using data from dow jones and factset see our market data terms of use

ares commercial real acre reported its q4 earnings results on tuesday february 15 2022 at 0600 am check out this executives buy around 93m of 3 stocks benzinga trading school is now offering a 7 day trial click here to join the 1 trading educational platform heres what investors need to know about the announcement ares commercial real beat estimated earnings by 1081 reporting an eps of 041 versus an estimate of 037 revenue was up 891 million from the same period last year last quarter the company beat on eps by 004 which was followed by a 23 drop in the share price the next day to track all upcoming earnings announcements click to use benzinga earnings calendar this article was generated by benzingas automated content engine and reviewed by an editor if you are not using this trading strategy you are leaving money on the table if you are blindly looking up and trading stocks the way 99 of traders are you are missing on huge potential returns even new traders who started following this option trading strategy instantly began seeing returns they wouldnt have had otherwise with even two trades per month with this strategy you will start seeing the difference in your trading account dont waste any more time guessing and getting lucky click here to see if you qualify for benzinga options for today only we are gifting away our benzinga options starter newsletter for only 7 this includes two heavily researched trades per month from lead trader nic chahine for the same cost of a cup of coffee less than the cost of a netflix subscription and less than the average order at mcdonalds you will receive toptier education and winning trade alerts to maximize your portfolio returns this also includes a 14day full moneyback guarantee if you cancel there is absolutely no risk click here now to get started

shares of albemarle corp alb rallied 570 to 23923 tuesday on what proved to be an allaround great trading session for the stock market with the sp 500 index spx rising 202 to 408885 and the dow jones industrial average djia rising 134 to 3265459 albemarle corp closed 5225 short of its 52week high 29148 which the company reached on november 22nd the stock outperformed some of its competitors tuesday as wr grace co gra rose 003 to 6999 avient corp avnt rose 379 to 4823 and basf se adr basfy rose 405 to 1343 trading volume 11 m eclipsed its 50day average volume of 11 m editors note this story was autogenerated by automated insights an automation technology provider using data from dow jones and factset see our market data terms of use

the moribund ipo market is yet another reason to expect us stocks to remain mired in a bear market for at least another few months so far this year according to renaissance capital data the number of us market ipos is down 81 from a year ago and those that have gone public have been smaller on average the total of ipo proceeds raised this year is down 95 from a year ago these data’s significance depends on your investment horizon according to malcolm baker a professor at harvard business school in an interview he said that ipo market sentiment is a shortterm momentum indicator for the market as a whole and a longerterm contrarian indicator “more often than not historically the market has fallen for several months in the wake of a plunging ipo market but then turned back up” baker is the coauthor with jeffrey wurgler of new york university of perhaps the preeminent academic study of investor sentiment’s impact on the stock market they constructed a sentiment index that incorporates a halfdozen separate indicators two of which are derived from the ipo market based on data going back to 1961 the professors found that the stock market tended to perform poorly after their index hit extreme high levels and vice versa this tendency was especially pronounced for the most speculative issues “small stocks young stocks high volatility stocks unprofitable stocks nondividendpaying stocks extreme growth stocks and distressed stocks” details about the various indicators included in their sentiment index are provided at wurgler’s website overall the bakerwurgler index reinforces the bearish shortterm story told by the ipo data this is illustrated in the chart above which plots this index’s gyrations over the past six decades it not only shows the index’s decline since the beginning of 2022 it also shows that on past occasions when it has fallen from a high level it typically continues to decline until it is in negative territory we’re not there yet as you can also see from the chart this shorterterm decline should set up the preconditions for a strong bull market over the longer term as recently as the summer of 2021 as i wrote at the time the bakerwurger index was “painting a picture of a very vulnerable market” the last year has amply illustrated just how vulnerable it was so don’t jump the gun history suggests that good times are coming but things will get worse before they get better mark hulbert is a regular contributor to marketwatch his hulbert ratings tracks investment newsletters that pay a flat fee to be audited he can be reached at markhulbertratingscom more learn how to shake up your financial routine at the best new ideas in money festival on sept 21 and sept 22 in new york join carrie schwab president of the charles schwab foundation plus stocks may be headed for another selloff according to rbc’s ‘hedge fund hot dogs’ basket

warner brosdiscoverys wbd short percent of float has risen 488 since its last report the company recently reported that it has 7231 million shares sold short which is 301 of all regular shares that are available for trading based on its trading volume it would take traders 30 days to cover their short positions on average short interest is the number of shares that have been sold short but have not yet been covered or closed out short selling is when a trader sells shares of a company they do not own with the hope that the price will fall traders make money from short selling if the price of the stock falls and they lose if it rises short interest is important to track because it can act as an indicator of market sentiment towards a particular stock an increase in short interest can signal that investors have become more bearish while a decrease in short interest can signal they have become more bullish see also list of the most shorted stocks as you can see from the chart above the percentage of shares that are sold short for warner brosdiscovery has grown since its last report this does not mean that the stock is going to fall in the nearterm but traders should be aware that more shares are being shorted peer comparison is a popular technique amongst analysts and investors for gauging how well a company is performing a companys peer is another company that has similar characteristics to it such as industry size age and financial structure you can find a companys peer group by reading its 10k proxy filing or by doing your own similarity analysis according to benzinga pro warner brosdiscoverys peer group average for short interest as a percentage of float is 1015 which means the company has less short interest than most of its peers did you know that increasing short interest can actually be bullish for a stock this post by benzinga money explains how you can profit from it this article was generated by benzingas automated content engine and was reviewed by an editor

the dow jones industrial average is flat wednesday afternoon with shares of walmart and intel seeing the biggest drops for the bluechip average the dow djia is trading at 33128 1 points lower walmarts shares have fallen 388 26 while those of intel have dropped 042 16 combining for an approximately 28point drag on the dow a 1 move in any of the indexs 30 components equates to a 659point swing editors note this story was autogenerated by automated insights an automation technology provider using data from dow jones and factset see our market data terms of use

regional banking stocks are starting to reverse this springs ugly selloff the kbw nasdaq regional banking index was up more than 4 on tuesday morning it has gained around 10 so far in june the top four performers in the sp 500 were all banks as of midmorning keycorp mt bank zions bancorp and comerica were all up about 4 regions financial citizens financial group and us bancorp were also among the index’s bigger gainers

electronic boards showing stock information are pictured at the stock market in dubai united arab emirates november 5 2020 reutersabdel hadi ramahi march 9 reuters markets in the middle east fell on wednesday with the abu dhabi index losing more than 2 even as a us ban on russian oil imports sent crude towards 130 a barrel abu dhabis main index ftfadgi fell 22 in its biggest daily percentage loss since dec 20 while the strong oil prices provide some support it raises concerns that it could erode demand daniel takieddine ceo mena at bdswiss said on the abu dhabi index fall abu dhabi national energy company taqaad said it would buy energy generation assets in the uae to expand its clean energy development sending its shares 24 higher dubais main stock index dfmgi reversed initial gains to end down 08 its fourth consecutive session of losses financial stocks weighed on sentiment with emirates nbd bank enbddu down 27 outside the gulf egypts bluechip index egx30 ended up 02 after three straight sessions of falls reporting by tanvi mehta in bengaluru editing by mark potter

shoppers are seen walking near bullring shopping centre owned by mall operator hammerson after new nationwide restrictions were announced during the coronavirus disease covid19 outbreak in birmingham britain november 4 2020 reutersandrew boyers london june 30 reuters british consumer activity slowed in midjune with fewer visits to restaurants less usage of public transport and a slight fall in credit and debit card spending data collated by the office for national statistics showed on thursday credit and debit card spending based on bank of england interbank chaps payments data which is not adjusted for inflation or the time of year dropped to 99 of its february 2020 average in the week to june 23 from 100 the week before restaurant reservations from booking website opentable dropped by 16 percentage points to 111 of their average at the same point in 2019 while google mobility figures showed a 6 fall in visits to transit locations in the week to june 24

the nokia corp adr nok inched 078 higher to 388 tuesday on what proved to be an allaround great trading session for the stock market with the nasdaq composite index comp rising 076 to 1435364 and the dow jones industrial average djia rising 106 to 3495193 nokia corp adr closed 140 short of its 52week high 528 which the company reached on august 8th the adr outperformed some of its competitors tuesday as blackberry ltd bb rose 062 to 486 apple inc aapl fell 013 to 19373 and motorola solutions inc msi fell 027 to 29071 editors note this story was autogenerated by automated insights an automation technology provider using data from dow jones and factset see our market data terms of use

shares of thomson reuters corp tri inched 007 higher to c14385 thursday in what proved to be an allaround positive trading session for the canadian market with the sptsx composite index gsptse rising 015 to 2107220 the stocks rise snapped a fourday losing streak thomson reuters corp closed c1277 below its 52week high c15662 which the company reached on november 29th trading volume of 322041 shares remained below its 50day average volume of 366022 editors note this story was autogenerated by automated insights an automation technology provider using data from dow jones and factset see our market data terms of use

shares of yum brands inc yum inched 085 higher to 12525 monday on what proved to be an allaround favorable trading session for the stock market with the sp 500 index spx rising 132 to 465527 and the dow jones industrial average djia rising 068 to 3513594 yum brands inc closed 1052 below its 52week high 13577 which the company achieved on august 18th the stock outperformed some of its competitors monday as mcdonalds corp mcd rose 012 to 25030 starbucks corp sbux rose 006 to 11073 and chipotle mexican grill inc cmg fell 052 to 167810 trading volume 12 m remained 134096 below its 50day average volume of 14 m editors note this story was autogenerated by automated insights an automation technology provider using data from dow jones and factset see our market data terms of use

european markets rise after a mixed asia session and ahead of expected gains on wall street later the pancontinental stoxx europe 600 climbed 09 led higher by the basic resources and media sectors while utility companies largely fell stock markets have slowed their ascent in early trading after a better session yesterday modest gains across europe follow on from a better session in asia but the late rebound in the us points towards a stronger day there as the impact of fed speakers and the debt ceiling discussion lessens slightly said chris beauchamp chief market analyst at ig shares of swedenbased cloud computing company sinch ab added 47 after it said it had acquired emaildelivery platform pathwire semiconductor equipment maker asml holding said it expected to see higher revenue by 2025 due to strong demand for electronics shares rose 31 in amsterdam trading with remaining restrictions being gradually lifted across europe the stage seems set for a return to normal during autumn hsbc said this might have contributed to the rather upbeat consumer confidence surveys in september which reached a new record high in italy by the istat measure while both the german gfk as well as the french insee index also surprised to the upside hsbcs economist christian fuertjes said the strong rebound in labor markets played an important role in this respect fuertjes said this is underlined by the german ifo employment barometer which went up for the third consecutive month in september thus further crawling towards its alltime high from august 2018 the economist said the upward revision to gross domestic product in the second quarter brings the uk economys performance in line with other g7 economies pantheon macroeconomics chief uk economist samuel tomb said the estimate of onquarter gdp growth was revised up to 55 from the prior estimate of 48 the 33 shortfall in gdp from its 4q 2019 peak is identical to that seen in germany similar to the 32 shortfall in france and better than the 38 shortfall in italy tombs said households real disposable income was only 08 below its 4q 2019 level highlighting clear scope for spending to rise over the coming quarters provided households abandon their cautious mindset tombs says unicredit expects germanys inflation to accelerate further in september to 42 yearonyear the strongest rate since yearend 1993 economists polled by the wall street journal also see german inflation at 42 yearonyear the recent increase in energy prices such as for oil and natural gas is likely to have contributed particularly to higher consumerprice inflation the italian bank said in the next two or three months unicredit forecasts a further rise in the yearly headline inflation rate possibly to close to or above 5 the german statistics office destatis will publish germanys preliminary inflation data at 1200 gmt stock futures rose indicating that the broader equity market would eke out gains for the third quarter despite recent whipsawed trading investors have had to navigate an uptick in delta variant covid19 cases this quarter alongside concerns that higher inflationdriven by surging energy priceswould stick around longer than expected also dogging markets were fears of contagion from debtladen property developer china evergrande group stocks have endured a particularly rocky stretch since the federal reserve signaled last week that it would start to reduce its bondbuying as soon as novemberand possibly begin to raise interest rates next year weve entered a slightly more difficult more wonky stage of the recovery and theres a number of headwinds emerging against the upward march weve seen since last year said sebastian mackay a multiasset fund manager at invesco people realize that the only asset with real expected returns are equities the market kind of seems to grind higher on this thereisnoalternative environment said edward park chief investment officer at uk investment firm brooks macdonald that wont last if central banks make it clear they are raising rates regardless of the growth backdrop investors have also sold off shares of large technology companies which tend to do better in lowyielding environments because investors have more incentive to buy shares and await higher profits in the future investors will get fresh figures on the number of americans who applied for firsttime unemployment benefits in the week ended sept 25 at 830 am et economists surveyed by the wall street journal expect that jobless claims eased to 335000 from 351000 the week prior the dollar should strengthen over the remainder of this year as the fed looks set to withdraw stimulus and as global growth concerns boost demand for safe havens mufg bank said fed chair jerome powell has signalled that asset purchase tapering could start in november and end by mid2022 meaning the first interest rate rise could come during the second half mufg currency analyst lee hardman said worries over the global growth outlook supply constraints and surging gas prices also support the dollar in the nearterm he said in these circumstances we expect the dollar index to head towards the 96000level the uks current deficit leaves the pound vulnerable to any shifts in global risk appetite pantheon macroeconomics said sterlings depreciation over the last week despite the rise in expectations for uk interest rates highlights how the persistent current account deficit leaves the pound sensitive to changes in global investor sentiment pantheon economist samuel tombs said the deficit narrowed to gbp86 billion in the second quarter from gbp89 billion in the first quarter versus the gbp154 billion expected by economists in a wsj survey however the deficit will widen gradually as imports of travel services rocket when britons resume overseas holidays and as the uks reliance on natural gas imports increases this winter tombs said the expectation for interest rate increases and higher inflationalso reflected in rising oil and commodities priceshas led some investors to sell government bonds whose yields have been near historically low levels the selloff cooled thursday with the yield on the benchmark 10year treasury note ticking down to 1534 from 1540 wednesday inflation fears have caused shorterdated us government bond yields to rise recently as well as longerdated yields although the rise hasnt been as strong said dz bank what both yield trends have in common is the fear of permanently higher inflation the german banks analysts said in their view recent comments by central bankers also suggest that the period of pandemicrelated emergency monetary policy assistance is slowly coming to an end hence concerns about a less expansionary monetary policy seem to be impacting markets they added oil prices rose oandas jeffrey halley points out two developments that suggest oil prices remain very well supported at these levels the first is a higher dollar which would usually sting prices and the second is that eia inventory data echoed the apis figures on tuesday showing a surprise increase in us crude inventories even though the northern hemisphere energy crisis isnt going to disappear over the weekend mr halley expects opec to support prices next week as he doesnt believe the alliance wont increase production beyond current plans the chinese public holiday that lasts a week from friday may take the heat out of the oil rally gold prices rally after two consecutive days of loss ahead of comments from federal reserve chairman jerome powell still the metal remains close to a sixmonth low golds losses have come despite centralbank chiefs increasingly flagging the risks from inflation we are frankly astounded by the collapse in gold this month while we appreciate that a firmer dollar and rising rates are key negatives the precious metal seems to be ignoring both rising inflationary pressures and the lackadaisical attitude the central banks are bringing to bear on the issue said ed meir of edf man powell is set to testify before us lawmakers thursday at 10 am et the jobless rate in the eurozone continued to decline in august as the reopening after the easing of pandemicrelated restrictions fueled a strong economic recovery over the summer the eurozone jobless rate fell to 75 in august from 76 in july data from the european unions statistics agency eurostat showed thursday swedens hennes mauritz ab on thursday proposed reinstating a dividend payment after posting a forecastbeating rise in thirdquarter net profit amid wellreceived autumn collections with more fullprice sales lower markdowns and cost control the hm groups increase in profit shows that the strong recovery is continuing despite sales being partly affected by restrictions and delays associated with the pandemic said chief executive helena helmersson the top us aviation safety regulator said it cleared virgin galactic holdings inc to operate space flights again but found the company failed to communicate a mistake that occurred during a highprofile mission this summer the federal aviation administration on wednesday said it had completed a probe into the july flight that carried billionaire richard branson the founder of virgin galactic and five others to the edge of space and back to a facility in new mexico us europe team up to address chip shortage tech issues

the nasdaq index was set to open lower on friday after a weak forecast from netflix sent its shares along with other streaming companies spiraling lower with wall streets main indexes headed for another week of losses at 908 et dow eminis were down 044 at 34463 sp 500 eminis were down 066 at 4445 while nasdaq 100 eminis were down 104 at 1468675 buzznetflix shares dont look up after growth warning buzzstreet view peloton goes off track but remains in fitness race buzzintel to invest 20 bln in ohio to boost manufacturing ally financial inc allyn down 12 premarket buzzally financial falls on surge in q4 expenses buzzkkr spac climbs on report of deal talks with petsmart buzznvidia set to open at lowest level in three months buzzppg industries down as q1 profit outlook falls short of estimates

hawaiian holdings inc on monday raised its fourthquarter revenue and earnings outlook saying that demand for travel on hawaiian airlines has been better than expected the honolulubased airline company said it now expects its quarterly revenue to be 29 to 32 lower than its prepandemic level in the fourth quarter of 2019 previously hawaiian had guided for a 32 to 37 twoyear decline hawaiian also now expects an adjusted loss before interest taxes depreciation and amortization of 25 million to 65 million it had previously expected that loss metric to come in at 50 million to 110 million the company further projected that its international network capacity will return to near prepandemic levels by next summer next year overall capacity will be flat to up 4 compared with prepandemic 2019 levels hawaiian forecast

zealand pharma as shares were up 16 to 1361 thursday after the company said it saw positive topline results from its second phase 3 clinical trial of dasiglucagon in pediatric patients with congenital hyperinsulinism the company said the phase 3 trial of 12 children with chi dasiglucagon met the primary endpoint of the trial demonstrating a statistically significant difference between treatment arms baseline intravenous glucose infusion rate was 157 mgkgmin it said dasiglucagon treatment resulted in a significant reduction in the mean iv gir versus placebo as measured during the last 12 hours of each treatment period zealand said dasiglucagon was assessed as well tolerated in the trial with an overall safety profile consistent with that reported in the previous phase 3 trial of older children with chi ages 3 months to 12 years in total 42 of 44 participants enrolled across the dasiglucagon chi phase 3 clinical programs continued into the ongoing safety extension trial based on the trials results zealand pharma will engage with the us food and drug administration to discuss the submission of a new drug application for marketing approval

shares of hess corp hes rallied 115 to 6432 friday on what proved to be an allaround positive trading session for the stock market with the sp 500 index spx rising 081 to 444167 and the dow jones industrial average djia rising 065 to 3512008 the stocks rise snapped a sixday losing streak hess corp closed 2677 short of its 52week high 9109 which the company achieved on june 23rd the stock outperformed some of its competitors friday as exxon mobil corp xom rose 002 to 5274 chevron corp cvx rose 001 to 9430 and royal dutch shell plc adr cl a rdsa fell 042 to 3818 trading volume 26 m eclipsed its 50day average volume of 19 m editors note this story was autogenerated by automated insights an automation technology provider using data from dow jones and factset see our market data terms of use

shares of stanley black decker inc swk advanced 313 to 14456 tuesday on what proved to be an allaround positive trading session for the stock market with the sp 500 index spx rising 161 to 446221 and the dow jones industrial average djia rising 145 to 3491120 the stocks rise snapped a twoday losing streak stanley black decker inc closed 8044 short of its 52week high 22500 which the company reached on may 10th the stock demonstrated a mixed performance when compared to some of its competitors tuesday as 3m co mmm rose 268 to 15010 illinois tool works inc itw rose 344 to 20339 and general electric co ge rose 166 to 9190 trading volume 17 m remained 548177 below its 50day average volume of 22 m editors note this story was autogenerated by automated insights an automation technology provider using data from dow jones and factset see our market data terms of use

shares of nutrien ltd ntr rose 435 to c12474 tuesday in what proved to be an allaround positive trading session for the canadian market with the sptsx composite index gsptse rising 005 to 1998535 this was the stocks second consecutive day of gains nutrien ltd closed c2319 short of its 52week high c14793 which the company reached on april 18th trading volume of 15 m shares remained below its 50day average volume of 16 m editors note this story was autogenerated by automated insights an automation technology provider using data from dow jones and factset see our market data terms of use

shares of raytheon technologies corp rtx slipped 134 to 9670 wednesday on what proved to be an allaround grim trading session for the stock market with the sp 500 index spx falling 165 to 393697 and dow jones industrial average djia falling 163 to 3203011 the stocks fall snapped a twoday winning streak raytheon technologies corp closed 1214 below its 52week high 10884 which the company achieved on january 24th despite its losses the stock outperformed some of its competitors wednesday as boeing co ba fell 417 to 19616 trading volume 40 m remained 860650 below its 50day average volume of 49 m editors note this story was autogenerated by automated insights an automation technology provider using data from dow jones and factset see our market data terms of use

shares of laboratory corp of america holdings lh inched 049 higher to 21277 friday on what proved to be an allaround mixed trading session for the stock market with the dow jones industrial average djia rising 033 to 3450903 and the sp 500 index spx falling 010 to 450542 laboratory corp of america holdings closed 1327 below its 52week high 22604 which the company reached on july 29th the stock underperformed when compared to some of its competitors friday as iqvia holdings inc iqv rose 067 to 22110 and centene corp cnc rose 311 to 6563 trading volume 470059 remained 179934 below its 50day average volume of 649993 editors note this story was autogenerated by automated insights an automation technology provider using data from dow jones and factset see our market data terms of use

shares of crown castle international corp cci advanced 167 to 19795 wednesday on what proved to be an allaround mixed trading session for the stock market with the sp 500 index spx rising 003 to 452409 and the dow jones industrial average djia falling 014 to 3531253 this was the stocks fourth consecutive day of gains crown castle international corp closed 667 short of its 52week high 20462 which the company achieved on july 20th the stock demonstrated a mixed performance when compared to some of its competitors wednesday as america movil sab de cv series a amxa fell 179 to 1915 sba communications corp sbac rose 206 to 36638 and american tower reit amt rose 198 to 29796 trading volume 12 m remained 104411 below its 50day average volume of 13 m editors note this story was autogenerated by automated insights an automation technology provider using data from dow jones and factset see our market data terms of use

shares of arthur j gallagher co ajg shed 208 to 17542 tuesday on what proved to be an allaround great trading session for the stock market with the sp 500 index spx rising 163 to 385911 and the dow jones industrial average djia rising 107 to 3183674 the stocks fall snapped a twoday winning streak arthur j gallagher co closed 1658 below its 52week high 19200 which the company achieved on august 26th the stock demonstrated a mixed performance when compared to some of its competitors tuesday as marsh mclennan cos mmc fell 213 to 15311 willis towers watson plc wtw fell 032 to 21147 and brown brown inc bro fell 1265 to 5510 trading volume 985349 remained 4533 below its 50day average volume of 989882 editors note this story was autogenerated by automated insights an automation technology provider using data from dow jones and factset see our market data terms of use

shares of unum group unm slipped 076 to 4050 thursday on what proved to be an allaround dismal trading session for the stock market with the sp 500 index spx falling 145 to 382239 and dow jones industrial average djia falling 105 to 3302749 the stocks fall snapped a threeday winning streak unum group closed 614 below its 52week high 4664 which the company reached on november 2nd the stock underperformed when compared to some of its competitors thursday as chubb ltd cb fell 063 to 21739 trading volume 939631 remained 581319 below its 50day average volume of 15 m editors note this story was autogenerated by automated insights an automation technology provider using data from dow jones and factset see our market data terms of use

shares of j sainsbury plc sbry inched down 074 to £243 wednesday on what proved to be an allaround rough trading session for the stock market with the ftse 100 index ukx falling 026 to 783070 j sainsbury plc closed 6100 pence short of its 52week high £304 which the company achieved on january 19 trading volume 40 m remained 35 million below its 50day average volume of 75 m editors note this story was autogenerated by automated insights an automation technology provider using data from dow jones and factset see our market data terms of use

shares of jpmorgan chase and american express are seeing positive gains monday morning leading the dow jones industrial average rally shares of jpmorgan chase jpm and american express axp have contributed to the indexs intraday rally as the dow djia is trading 313 points 10 higher jpmorgan chases shares have climbed 432 37 while those of american express are up 496 or 32 combining for an approximately 61point boost for the dow visa v goldman sachs gs and apple inc aapl are also contributing significantly to the gain a 1 move in any one of the 30 components of the index equates to a 659point swing editors note this story was autogenerated by automated insights an automation technology provider using data from dow jones and factset see our market data terms of use

yes her portfolio is global right a third in the us the third in china and the rest of the worlds a third i wonder just in terms of the macro picture theres a lot of hope out there that maybe us inflation has peaked and maybe this means you can add on to risk whats your you know how are you subscribing to that view before i get to that position is i just wanted to mention last december when you were where i was on your show i warned of the fed policy risk is that it hiking rates and to reducing balance sheets into an economy that is is slowing down and that is precisely what what is happening now and in the last nine months the macro regime changes have been dominating the markets so in terms of the portfolio positioning i just wanted to correct that and we have looked assumed the portfolio in another dimension which is to address a couple of the financial market regime changes interest rate regime change or liquidity regime change or volatility regime change and therefore as a result the correlation of risk assets prevailing in the last 50 years has broken down so we have a repositioned dollar portfolios to address those the regime changes in the global market agenda looking out for the remaining year and the next year i think the fundamental will return to be the dominating factor yeah i read a chart that kind of shows this right where cities global revisions when it comes to overall earnings and the like here even just what the picture paints here earnings revisions are actually turning positive again after what the blood shed and read that were seeing in the previous few months or so whats sort of sparking that switch you think youre why do you think we could stay on with the fundamentals for the rest of the year now well i think there are still a couple of lingering factors in terms of the structural demand and supply imbalance in the longer term all the energy and commodity costs and the softening demand and as central banks continue to tighten integrating the divide up the market including ecb not join the force so that were looking into softening demand and you know but a worse economy perhaps is a better news for the market meaning that particularly for fed if he sees it to signal as the number one inflation particularly nikkei inflation tail off number two a labor market to show slack says that it might be the data for the data dependent fed to pass on its hiking and balance sheet reduction pass rate as we assess the policy stance going forward so how does that change a portfolio for you guys that if were focusing more on the fundamentals now where do you see the most opportunities yeah i think predicting you know the central bank policies on the macro side to become is less important right now compared to the first first half when the market was panicking not knowing how the central banks are going to do is it in terms of the speed and the magnitude but now that he has some clarity so the market cant come to down to pay attention to the fundamentals with the financial market of regime change i mentioned earlier were positioned to poor quality roles equities was true earnings power cash flow generation dividend cassidy to deliver returns to shareholders that are more attractive a real equity yield thats that are more attractive than the nominal yield and thats how we are positioning and a we also have a strong dollar cycle that you know hurts the global gross and probably it is peaking which would be the time to add high quality emerging markets borals equities as well as the local currency denominated dad as well yeah you mentioned em estrada included in all that as well i mean theyve underperformed for so long now you know youre saying maybe there is going to be some decent upside risk what could be the catalyst for that yes doubtless theyre trying to make the big the component of the overall us market and you know again last september i will show when you ask it whether its time to buy chinese technology names and warned of the risk so i hope further headwinds but china year to date it has experienced a perfect storm a cocktail risks so that you know rushing or creating zero covid and later on taiwan and a real estate etc so the sentiment couldnt be more bearish and its the market is a trading on very depressed evaluation and some of the in and out of platform companies just a reported earnings that exceeded in the market of very best bearish outlook about the market remain to be bearish on on on on the china market so now i wish to think about the upside of risk of the china market next year that investors who you know deemed it earlier as i invested would maybe choose to too much might be caught off guard of the upside of risk let lets see what other policy measures coming out of the 28 parties congress

shares of gap inc gps advanced 284 to 978 wednesday on what proved to be an allaround great trading session for the stock market with the sp 500 index spx rising 156 to 415517 and the dow jones industrial average djia rising 129 to 3281250 gap inc closed 2126 below its 52week high 3104 which the company achieved on august 12th the stock underperformed when compared to some of its competitors wednesday as hm hennes mauritz ab adr hnnmy rose 420 to 248 urban outfitters inc urbn rose 726 to 2112 and american eagle outfitters inc aeo rose 512 to 1231 trading volume 41 m remained 67 million below its 50day average volume of 109 m editors note this story was autogenerated by automated insights an automation technology provider using data from dow jones and factset see our market data terms of use

shares of monster beverage corp mnst slid 151 to 5553 tuesday on what proved to be an allaround favorable trading session for the stock market with the sp 500 index spx rising 067 to 443926 and the dow jones industrial average djia rising 093 to 3426142 monster beverage corp closed 494 below its 52week high 6047 which the company reached on may 5th editors note this story was autogenerated by automated insights an automation technology provider using data from dow jones and factset see our market data terms of use

ingenta plc said monday that 2021 pretax profit rose after booking lower costs and that business in 2022 has been strong the londonlisted media and publishing industry software and services provider said pretax profit was 727000 pounds 892247 compared with gbp442000 in 2020 revenue fell to gbp101 million from gbp102 million annual recurring revenue rose to gbp89 million from gbp87 million and represented 88 of total revenue compared with 86 the year before the board proposed a final dividend of 2 pence a share compared with 15 pence for 2020 whilst cognizant of deteriorating economic conditions the board believe the results for the year ended december 31 2022 will be comfortably in line with market expectations the company said shares at 0812 gmt were up 050 pence or 06 at 83 pence

shares of freeportmcmoran inc fcx dropped 013 to 3779 thursday on what proved to be an allaround great trading session for the stock market with the sp 500 index spx rising 030 to 394872 and the dow jones industrial average djia rising 023 to 3210525 this was the stocks second consecutive day of losses freeportmcmoran inc closed 1420 below its 52week high 5199 which the company achieved on march 25th the stock underperformed when compared to some of its competitors thursday as newmont corp nem rose 247 to 4779 trading volume 152 m eclipsed its 50day average volume of 131 m editors note this story was autogenerated by automated insights an automation technology provider using data from dow jones and factset see our market data terms of use

after soaring to 14year highs in 2022 us naturalgas prices have fallen 45 this year the country’s largest gas producer doesn’t expect a rebound for many months eqt ticker eqt a pittsburghbased producer whose operations are spread through pennsylvania west virginia and ohio said in a conference call on thursday that the market may remain oversupplied for the rest of the year to get it back into balance some producers will have to slow their activity

canadian stocks were just below flat in midday trading friday putting the sptsx composite index on track for its first weekly decline since the year began employment in the country remains robust with the labor market adding 150000 jobs in january surprising analysts on the markets front most sectors were trending lower with producer manufacturing tech services and materials the main laggards energy was the main gainer followed further behind by utilities and distribution services magna international inc shares fell after the company reported lower profit in the fourth quarter at midday canadas sptsx composite index was down 008 at 2057865 while the bluechip sptsx 60 was up 005 at 124227 torontolisted shares of magna international inc fell nearly 16 to 7345 canadian dollars 5456 after it said net income fell to 95 million or 33 cents a share from 464 million or 154 a share a year earlier as the company faced a number of costs in the period which weighed on earnings enbridge inc reported a swing to a loss in its fourthquarter profit after booking a large noncash goodwill impairment in the period but increased its dividend by 32 for the year shares were up 12 to c5354 shares in fortis inc canada rose 32 to c5533 after reporting a rise in fourthquarter profit driven by improved ratebase growth and electricity sales auxly cannabis group inc shares dropped more than 37 to c003 after it said it intends to raise c34 million by way of a private placement with institutional investors

the sony group corp adr sony slid 047 to 8913 thursday on what proved to be an allaround positive trading session for the stock market with the nasdaq composite index comp rising 176 to 1151241 and the dow jones industrial average djia rising 061 to 3394941 the adrs fall snapped a twoday winning streak sony group corp adr closed 2987 short of its 52week high 11900 which the company achieved on february 2nd the adr demonstrated a mixed performance when compared to some of its competitors thursday as sharp corp adr shcay fell 198 to 198 koninklijke philips nv adr phg rose 066 to 1689 and panasonic holdings corp adr pcrfy rose 222 to 920 trading volume 602902 remained 142884 below its 50day average volume of 745786 editors note this story was autogenerated by automated insights an automation technology provider using data from dow jones and factset see our market data terms of use

billionaires david and simon reuben have bolstered their new york city property investments helping to refinance debt on an ultraluxury condo skyscraper on manhattan’s billionaires’ row the british brothers joined with jpmorgan chase co to provide a roughly 500 million loan for central park tower according to a person with knowledge of the matter the 131story property built by gary barnett’s extell development is home to new york’s most expensive residential listing a penthouse priced at 250 million the debt replenished and supplemented a previous 500 million loan that had already been paid down through condo sales at the building according to the person who asked not to be identified because the details are private a representative for the reuben brothers didn’t respond to a request for comment spokespeople for jpmorgan and extell declined to comment the reubens control one of the world’s biggest portfolios of retail office and residential properties they have disclosed more than halfdozen real estate investments in new york since the start of 2020 including the purchase of the surrey hotel on manhattan’s upper east side financing for the time hotel near times square and the apthorp a luxury condo building on the upper west side read more billionaire uk brothers boost new york bet for property empire elsewhere in the us the brothers are exploring ways to finish one of los angeles’s biggest real estate projects after recently taking control of major parts of the 25 billion development through debtfinancing deals david 84 and simon 82 have a total net worth of about 14 billion according to the bloomberg billionaires index sons of iraqi jews the brothers were born in india and moved to london as teenagers they built a fortune trading metals through their company transworld group which they sold in 2000 to russian billionaire oleg deripaska and invested the proceeds in real estate leisure and technology firms read more world’s rich take advantage as 1 trillion property market drops central park tower at 1550 feet 472 meters is the world’s tallest residential building according to the property’s website it was extell’s second project along billionaire’s row a group of condo skyscrapers around west 57th street targeting ultrawealthy buyers closings began in 2021 at the 179unit tower near columbus circle which has a nordstrom store at its base sales have continued at a steady clip as barnett has agreed to discounts of more than 20 off the list price on some recent closings

south korean automaker hyundai motor and its smaller sibling kia are recalling more than 91000 vehicles in the us over potential fire risks as many as 52008 hyundai motor vehicles will be recalled in the us with the affected models being the 2023 elantra sonata tucson and kona as well as the 20232024 palisade the national highway traffic safety administration said in a statement on friday kia is also separately recalling about 39765 vehicles with the 2023 soul and sportage models as well as the 20232024 seltos being affected the us federal auto safety regulator said the idle stop and go oil pump in these vehicles could have damaged electrical components that may cause overheating the nhtsa said the recall will begin in late september car owners can have their vehicles inspected and have the oil pump replaced if necessary at no charge

shares of johnson controls international plc jci inched 079 higher to 5984 friday on what proved to be an allaround favorable trading session for the stock market with the sp 500 index spx rising 083 to 416948 and the dow jones industrial average djia rising 080 to 3409816 this was the stocks second consecutive day of gains

shares of ipg photonics corp ipgp shed 908 to 11400 thursday on what proved to be an allaround poor trading session for the stock market with the sp 500 index spx falling 053 to 436349 and dow jones industrial average djia falling 029 to 3379466 ipg photonics corp closed 12743 short of its 52week high 24143 which the company achieved on april 9th the stock underperformed when compared to some of its competitors thursday as northrop grumman corp noc fell 082 to 44969 ciena corp cien fell 160 to 6906 and iivi inc iivi fell 082 to 7019 trading volume 16 m eclipsed its 50day average volume of 383631 editors note this story was autogenerated by automated insights an automation technology provider using data from dow jones and factset see our market data terms of use