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☆ Wall Street closes lower after Fed minutes, inflation data
▼ + stars: | 2023-04-12 | by ( Stephen Culp | ) www.reuters.com time to read: +4 min

The minutes followed a cooler-than-expected inflation report which belied stickier underlying data and cemented the likelihood of another policy rate hike when the Fed convenes next month. REUTERS/Brendan McDermid"(Economic) data has been very mixed so investors are overacting to any positive or negative hint of Fed rate hike policy. Analysts now expect aggregate first-quarter S&P 500 earnings down 5.2% year-on-year, a stark reversal from the 1.4% annual growth seen at the beginning of the quarter. Among the 11 major sectors of the S&P 500, seven ended in negative territory, with consumer discretionary (.SPLRCD) suffering the largest percentage loss. The S&P 500 posted 12 new 52-week highs and two new lows; the Nasdaq Composite recorded 64 new highs and 187 new lows.

☆ Premarket stocks: Wall Street has found something else to worry about
▼ + stars: | 2023-04-11 | by ( Nicole Goodkind | ) edition.cnn.com time to read: +6 min

Retail investors are buying bank stocksTD Ameritrade released its March Investor Movement Index on Monday, which tracks what retail investors are up to. Lately, large companies have begun to change their investor relations strategies to become more retail investor friendly. “March was full of surprises, but the overall impact among TD Ameritrade retail clients when it came to exposure to the markets was neutral,” said Lorraine Gavican-Kerr, managing director at TD Ameritrade. Retail investors, meanwhile, were net sellers of Meta, NVIDIA, Advanced Micro Devises, Intel and Apple. Inflation expectations for the year ahead have increased by half a percentage point to 4.7%, the survey found.

☆ 48 hours after he was crowned the world's richest person, Elon Musk loses top spot — again
▼ + stars: | 2023-03-02 | by ( Huileng Tan | ) www.businessinsider.com time to read: +2 min

Elon Musk's net worth fell by about $2 billion to $184 billion on Thursday, per Bloomberg. Musk knocked Arnault off the top spot 48 hours ago, but he was hit by a fall in Tesla stock on Wednesday. 2 after his net worth fell by about $2 billion on Thursday to $184 billion, according to the Bloomberg Billionaires Index. Musk's slip from the top spot follows a drop in Tesla stock — shares closed 1.4% lower at $202.77 on Wednesday. Despite Wednesday's setback, Tesla stock is still up 65% so far this year as demand improved after aggressive price cuts and favorable tax credit changes in the US for electric vehicles.

☆ Tesla shares slide 6% after Elon Musk fails to meet hopes for a budget EV model at underwhelming investor day
▼ + stars: | 2023-03-02 | by ( Ryan Hogg | ) www.businessinsider.com time to read: +3 min

Tesla shares slid 6% in premarket Thursday after the EV maker fell short on details at its investor day. CEO Elon Musk was tight-lipped on details about new models after hopes built for a $25,000 car. Tesla said it plans to cut production costs in half to reach its goal of selling 20 million EVs a year by 2030. Before the investor day, Reuters reported Tesla is planning a revamp of its Model Y, code-named Project Juniper, which would begin production in 2024. During the presentation, Tesla laid out broad plans aimed at making it the world's largest car company.

☆ Stock futures are little changed as investors ready for latest inflation data: Live updates
▼ + stars: | 2023-02-13 | by ( Alex Harring | ) www.cnbc.com time to read: +2 min

Stock futures are near flat Monday night as investors look to Tuesday's inflation data. Meanwhile, S&P 500 and Nasdaq-100 futures also both traded near flat. That marked a turn from last week, when the Nasdaq Composite and S&P 500 posted their worst weekly performances since December. Market observers expect the S&P 500 could swing in either direction following the release of the data. Beyond the CPI, investors will also be watching for earnings from Coca-Cola , Restaurant Brands International and Airbnb for insights into the health of the consumer.

☆ Stock futures rise slightly ahead of the first trading week of the new year
▼ + stars: | 2023-01-02 | by ( Tanaya Macheel | ) www.cnbc.com time to read: +1 min

Stock futures rose Monday evening as traders braced themselves for a flurry of economic data and the minutes from the latest Federal Reserve meeting this week to kick off the new year. Futures tied to the Dow Jones Industrial Average rose 80 points, or 2%. S&P 500 futures climbed 0.2% and Nasdaq 100 futures added 0.2%. All of the major averages closed 2022 with their worst losses since 2008, each snapping a three-year win streak. The S&P 500 lost 19.4% for the year and now sits at 3,839.50, more than 20% below its record high.

☆ Wall Street surges in bargain-hunting rally, oil slides
▼ + stars: | 2022-12-29 | by ( Stephen Culp | ) www.reuters.com time to read: +4 min

[1/2] The German share price index DAX graph is pictured at the stock exchange in Frankfurt, Germany, December 27, 2022. All three major U.S. stock indexes rose in a broad-based rally, with the tech-heavy Nasdaq leading the pack. "We didn’t have a Santa Claus rally, so we’re seeing a bit of dip buying as well." The pan-European STOXX 600 index (.STOXX) rose 0.57% and MSCI's gauge of stocks across the globe (.MIWD00000PUS) gained 1.14%. The dollar index fell 0.4%, with the euro up 0.48% to $1.0659.

☆ US stocks rise in choppy session after new economic data but S&P 500 logs 3rd-straight weekly loss
▼ + stars: | 2022-12-23 | by ( Carla Mozée | ) www.businessinsider.com time to read: +3 min

US stocks ended Friday's session higher, closing out the final full trading week of 2022. The day's data deluge included the Fed's preferred inflation gauge, which was slightly higher than expected. The S&P 500 and the Nasdaq Composite marked their third straight weekly declines. Sign up for our newsletter to get the inside scoop on what traders are talking about — delivered daily to your inbox. Stocks moved choppily during the session following a slate of economic reports.

☆ Here are the 7 investments the top-ranked inflation fund on Morningstar used to hedge against higher prices this year — and how the portfolio will change as inflation peaks in 2023
▼ + stars: | 2022-12-21 | by ( James Faris | ) www.businessinsider.com time to read: +4 min

The AXS Astoria Inflation Sensitive ETF is the top-ranked inflation fund of 2022. Greg Bassuk of AXS Investments shared how his firm invests with inflation high. It's hard to imagine a better first year than the one the AXS Astoria Inflation Sensitive ETF (PPI) just had. But Greg Bassuk, CEO of AXS Investments, is confident that his firm's fund can continue to provide solid returns as inflation stays higher than normal — even if the rate starts to slide. That means that the AXS Astoria Inflation Sensitive ETF will stick with its seven-part portfolio of TIPS, precious metals, agricultural products, and stocks in the energy, financials, industrials, and materials as inflation stays higher than normal in 2023.

☆ Earnings season is the first big test for single-stock ETFs after a slow start in the U.S.
▼ + stars: | 2022-10-28 | by ( Jesse Pound | ) www.cnbc.com time to read: +5 min

The nascent single-stock ETFs have reached a key period to prove their worth after a slow start for the group in the United States. I know we're in the first inning here, but it has not been a very good start for single-stock ETFs," Aniket said. However, the issuers of the funds — AXS, Direxion and GraniteShares, so far — have stressed that trading volume is a key test for these short-term focused funds. But if investors don't follow the daily trading prescribed for the funds, performance can suffer. What comes next Single-stock funds are already well established in Europe.

☆ US stocks fall after steep sell-off as investors assess outlook for more aggressive rate hikes to come
▼ + stars: | 2022-09-22 | by ( Carla Mozée | ) www.businessinsider.com time to read: +3 min

The Federal Reserve's rate hike Wednesday was followed by rate hikes at other central banks. Other central banks including Switzerland and Norway followed suit with their own rate hikes as inflation burns hot throughout the global economy. The Bank of England raised its key rate by 50 basis points as inflation sits at 9.8%. US weekly jobless claims released Thursday rose slightly, by 5,000 to 213,000, but the labor market remains strong. Here's what else is happening today:"Bond King" Jeff Gundlach said the Fed's commitment to big rate hikes means a 75% chance of a US recession in 2023.

☆ These are the assets investors are turning to for protection in the market's latest rout
▼ + stars: | 2022-09-18 | by ( Carmen Reinicke | ) www.cnbc.com time to read: +6 min

This year's market volatility has left investors few places to hide, weighing on stocks and bonds. For those who adhere to a traditional portfolio structure of 60% stocks and 40% bonds, the year has been painful. Treasury bonds Even though bonds haven't performed well year to date, there is still reason to buy Treasurys going forward. First, short-term U.S. Treasury bonds can be used to offset interest rate risk in one's portfolio. Snapping up those longer-dated Treasury bonds may be a good idea to lock in rates while they're relatively cheap, according to Jones.

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