Energy stocks dropped last week as oil prices fell to a 15-year low , with the banking crisis roiling markets. The energy sub-sector in the S & P 500 dropped 7% last week, although it has since regained some ground, rising more than 2% in Monday’s session. Oil prices also rose over 1% on Monday. ...

Goldman Sachs has this year added a number of stocks to its conviction list — buy-rated stocks it expects to outperform — giving them further share price upside. Rio Tinto Its most recent addition was Australian miner Rio Tinto on March 3. It comes as Goldman Sachs turns bullish on commodities such as iron ore ...

Software stocks were a pandemic darling, but their popularity waned as economies reopened. Nevertheless, the tech sub-sector remains a key part of several long-term secular trends, such as cloud computing and artificial intelligence. “We continue to believe in the structural positives of software, specifically, its ability to drive significant return on investment to customers,” Goldman ...

Hong Kong, China, 13 Sept 2022, A red Tesla car passes in front of a Tesla dealership in Wanchai. (Photo by Marc Fernandes/NurPhoto via Getty Images) Nurphoto | Nurphoto | Getty Images Check out the companies making headlines in midday trading. Tesla – Shares of Tesla rose 8% Monday after CEO Elon Musk’s attorneys on ...

Shares of legacy automakers and parts manufacturers will attract new investors as they transition toward electric vehicles and green technologies, according to Goldman Sachs. Environmental, social and governance (ESG) funds have thus far mostly shunned such companies in favor of new electric automakers, according to Goldman — but it’s a trend the Wall Street bank ...

Stocks in Hong Kong and mainland China rallied last week on speculation that the country could ease its super-strict zero-Covid policy. Investors were left disappointed, however, when authorities quashed hopes of a quick reopening of the world’s second-largest economy. Nevertheless, Goldman Sachs strategists, led by Kinger Lau, said China could reopen in the second quarter ...

Employees work at the BMW manufacturing plant in Greer, South Carolina, October 19, 2022. Bob Strong | Reuters The economy sent a low-key signal Thursday that a recession is looming — and that the Federal Reserve could be making a policy mistake by continuing to try to slow things down. According to the Conference Board’s ...

Stock futures rose Tuesday morning after the Nasdaq Composite posted its best daily performance since July. Nasdaq 100 futures climbed 2.13%. Futures tied to the Dow Jones Industrial Average gained 506 points or 1.67% and S&P 500 futures jumped 1.88%. Strong earnings results on Tuesday morning were adding fuel to a rally that began on ...

Here are the companies making headlines before the bell: Johnson & Johnson (JNJ) – Johnson & Johnson shares rose 1.4% in the premarket after beating top and bottom line estimates for the third quarter, helped by growth in pharmaceutical sales. J&J did narrow its earnings outlook, as it maintains caution due to the impact of ...

Traders on the floor of the NYSE, Aug. 4, 2022. Source: NYSE Stock futures rose Monday as investors weighed key earnings reports after a wild week of trading. Futures on the Dow Jones Industrial Average gained 290 points, or 1%. S&P 500 futures and Nasdaq 100 futures advanced 1.2% and 1.4% higher, respectively. Monday’s moves ...