Tag: financial market news
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March’s Stock Market Came in Like a Lion, Goes Out Like a Bull
March madness in 2023 might better refer to the crazy action of the financial markets than to some overhyped basketball tournament. Over the course of the month just ended, expectations about the economy and Federal Reserve policy swung from one extreme to another. Early on, Fed officials were talking up more and bigger interest-rate increases ... -
The Best—and Worst—Stocks This Quarter in the Nasdaq-100, S&P 500, and Dow
A tumultuous first quarter drew to a close Friday, with markets shaken by banking chaos and more interest rate hikes from the Federal Reserve. Yet the three-month stretch was an especially good one for technology stocks, including chip maker Nvidia . Indeed, the Nasdaq-100 —which contains the 100 biggest stocks in the Nasdaq Composite—performed best ... -
Natural gas is among the worst-performing commodities in the first quarter, while steel, iron ore strengthen
Commodities declined in the first quarter, with the energy sector leading the way lower, as markets were jolted in March by sudden stress in the U.S. banking system. Prices for natural gas have lost more than half of their value and touched their lowest level in more than two years. Fear that interest rates will ... -
Virgin Orbit, Micron, Tesla, Nikola, BlackBerry, and More Stock Market Movers
Virgin Orbit Holdings (ticker: VORB) was falling 42.6% to about 20 cents after the space launch startup said it would cut 85% of its workforce. The job cuts were made “in light of the company’s inability to secure meaningful funding,” according to a regulatory filing. Virgin Orbit has been trying to secure additional funding since ... -
Federal Realty Investment Trust stock rises Wednesday, still underperforms market
Published: March 29, 2023 at 4:55 p.m. ET Shares of Federal Realty Investment Trust FRT advanced 1.04% to $93.83 Wednesday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index SPX rising 1.42% to 4,027.81 and the Dow Jones Industrial Average DJIA rising 1.00% to 32,717.60. ... -
Regional Bank Stocks Are in Turmoil. Here’s How to Profit From It.
Every financial panic shows how little most people understand about what is happening around them in the markets and the economy. The recent failure of two major regional banks has unleashed thousands of articles, sell-side analyst reports, and investment strategy notes that act as if the issues now before us were easily identifiable. But the ... -
Prudential Financial Inc. stock rises Friday, still underperforms market
Published: March 24, 2023 at 5:18 p.m. ET Shares of Prudential Financial Inc. PRU inched 0.45% higher to $77.58 Friday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index SPX rising 0.56% to 3,970.99 and the Dow Jones Industrial Average DJIA rising 0.41% to 32,237.53. ... -
Toronto Stocks Edge Lower; Western Copper Rises on C$21.3M Mitsubishi Materials Investment
March 24, 2023 at 12:00 p.m. ET By Adriano Marchese Stocks in Toronto were trending lower mid-trading on Friday, at risk of posting a third-straight week of declines. Canada’s financial sector continues to feel pressure from global banking concerns, while declines in the producer manufacturing and commercial services sectors also weighed on indexes. Technology services ... -
The U.S. Might Be Losing Its Crown as the Go-To Spot for Global Investment
Welcome to America the Uninvestible. That seems like a strange thing to say about the go-to destination for investors around the world, offering the world’s biggest companies, the most liquid markets, and rule of law to protect shareholder returns. Government interference, too, is supposed to be limited. The fact that U.S. stocks have outperformed the ... -
Federal Realty Investment Trust stock rises Thursday, still underperforms market
Published: March 23, 2023 at 4:55 p.m. ET Shares of Federal Realty Investment Trust FRT inched 0.04% higher to $91.16 Thursday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index SPX rising 0.30% to 3,948.72 and the Dow Jones Industrial Average DJIA rising 0.23% to ...