Investors hoping that tax cuts and aggressive government spending plans will add another leg to the bull market likely are going to be disappointed, Morgan Stanley argues in an analysis that contends the end of big returns is near.
CIA Director Mike Pompeo traveled to North Korea a few weeks ago to meet Kim Jong Un to prepare for a possible summit with President Donald Trump, according to two people familiar with the matter, raising optimism the meeting could produce a deal.
January 24, 2018: Here are four stocks trading with heavy volume among 29 equities making new 52-week lows in Wednesday’s session. On the NYSE decliners led advancers by around 8 to 7 and on the Nasdaq, decliners led advancers by more than 9 to 5.
Colony NorthStar Inc. (NYSE: CLNS) traded down about 2.5% Wednesday and posted a new 52-week low of $9.86 after closing Tuesday at $10.11.....More>>>
NEW YORK Tesla CEO Elon Musk said Thursday that the electric-car maker would reveal plans for a heavy commercial truck in September and show off a pickup truck within two years.
The plans could stir up the red-hot American market for highly profitable pickups and introduce a new wrinkle into the freight hauling business, which some believe is poised for a shakeup with the prospect of self-driving....More>>>
JPMorgan Chase reported strong first-quarter results, topping Wall Street’s forecasts forearnings and revenue handily, and the bank’s CEO Jame Dimon gave an upbeat assessment of U.S. consumers and businesses.
The nation’s largest bank by assets reported a 17% rise in net income of$6.4 billion and earnings per share of $1.65, beating analysts forecast of $1.52 by 13 cents,....More>>>
Stocks continue to print new highs. And many continue to doubt the rally–as they have for much of the post-crisis recovery.
They continue to say stocks are priced for perfection, implying that stocks are expensive, and/or that investors are assuming a perfect presidency from Trump. But remember, we’ve talked about the massive fundamental and technical performance gap that has....More>>>
U.S. equities are pushing higher on Thursday as investors celebrate the passage of the GOP’s tax reform bill, look ahead to the holiday-shortened week next week and take in all the positive end-of-year vibes.
The stock market is on the verge of posting the first “perfect year&