Category: United States

November has been a great month for investors, and not just those who own primarily U.S.-traded stocks. Markets in China, Latin America and beyond have rallied in November, helping to push one of the most popular benchmarks of international equity performance to the cusp of its best month in more than three years. According to […]

U.S. stocks were mixed on Friday, with the Dow up 100 points and the Nasdaq trading in the red amid light trading volume during a shortened post-Thanksgiving session. How are stocks trading? On Wednesday, the Dow industrials added 184.74 points, or 0.5%, to finish at 35,273.03, the highest level since Aug. 14. The S&P 500 […]

You may be blessed to get lots of gifts this holiday season, but retail stock outperformance is probably not one of them, based on trends from the past 13 years, analysts at D.A. Davison said on Friday. On the bright side, once the holiday season is over, retail stocks often outperform the broad market in […]

Treasury yields were under pressure in a shortened day of trading on Friday, following a selloff in European bonds where investors are growing more concerned over interest rates and government borrowing needs. What’s driving markets U.S. bond markets were closed for Thursday’s Thanksgiving holiday, and will see an early finish on Friday, with trade group […]

Active traders might have to wait till markets close before swarming the shops to take advantage of Black Friday deals. While employees of many non-retail businesses will stretch the Thanksgiving holiday into a four-day weekend, taking off Black Friday, markets will see a partial day of trading on the day after Turkey Day. Major U.S. […]

Pay no attention to the headlines this week on how retailers’ Black Friday sales are going. History teaches us that these initial sales reports are only randomly related to how retail company stocks perform from Thanksgiving until the end of the year. You might as well flip a coin. This shouldn’t come as a surprise, […]

A few years ago, I thought I had hit the Thanksgiving jackpot when a family member scored VIP grandstand seats to see the Macy’s M Thanksgiving Day parade and invited me to tag along for the big New York event. This had been a childhood dream of mine: Nothing was now going to stand between […]

A friend calls this day “Thanksscrapping.” He may have a point.  My favorite Thanksgiving story happened at a dinner on Park Avenue about 20 years ago when a lady with a large bouffant and a genial manner — let’s call her Mrs. Anders — raised a glass. Knowing I grew up in Dublin in a […]

Members of the Organization of the Petroleum Exporting Countries and their allies have implemented a number of reductions in oil output since late last year, but crude-oil prices still trade lower as 2023 draws to a close. The group of major oil producers known as OPEC+, including Saudi Arabia and Russia, on Wednesday postponed a […]

Oil prices pushed lower on Thursday, as investors grew increasingly unsettled following a decision by the Organization of the Petroleum Exporting Countries and its allies to delay a much anticipated meeting by four days. Price drivers Market drivers Oil prices tumbled briefly on Wednesday following reports of a delay to an OPEC+ meeting, originally expected this […]

Dear Quentin, My mother recently passed away. She had a trust, and she had a handful of credit cards that carried a remaining balance. She also had personal loans, which were used for home improvements. Her house is paid off, and will eventually be sold. She also has an IRA.  I am left with several […]

U.S. Treasury yields finished mixed in choppy trading on Wednesday as traders weighed a batch of economic data for signals on the path of the Federal Reserve’s interest-rate policy and the economy ahead of the Thanksgiving holiday. What happened What drove markets Longer-dated U.S. government bond yields initially ticked up on Wednesday morning after the University […]

Happy turkey day! Yes, Thanksgiving is Thursday. The holiday has been recognized by the federal government since 1870, though President Abraham Lincoln encouraged Americans to recognize a November “day of Thanksgiving” in 1863, and President George Washington issued a proclamation for “a day of public thanksgiving and prayer” on Nov. 26, 1789. Now,… Master your money. Subscribe […]

Like countless Americans, Kimberly Darling celebrates Thanksgiving with a bountiful, home-cooked feast. Her take on the holiday has a swampy twist: She forgoes the familiar turkey in favor of an alligator she traps on one of her many hunting expeditions, then she brines, smokes and wraps it in bacon before serving her guests. “People walk […]

After unwanted shirts and pants piled up in warehouses and stockrooms last year, clothing chains such as Gap Inc. and Urban Outfitters have said over the past two weeks they’ve had an easier time selling clothing through the summer without slashing prices so aggressively. But with Black Friday and the holiday season’s most hectic shopping […]

Some people think money can buy happiness. Millennials say they need a $ 525,000 salary to achieve financial happiness, the highest among all generations, according to an Empower survey conducted by the Harris Poll. Here are the yearly salaries Americans of different generations say they need to feel happy, according to the poll: … Master […]

Another prominent Wall Street strategist has joined the club seeing the S&P 500 index going to 5,000. Lori Calvasina, head of U.S. equity strategy at RBC Capital Markets, has joined Bank of America’s Savita Subramanian in adopting 5,000 as her year-end target for 2024. Achieving it would require a 10% advance for the S&P 500 […]

The numbers: Consumer sentiment improved slightly near the end of November, but Americans are more worried about the economy and think inflation is far from defeated. The final reading of the sentiment survey edged up to 61.3 from 60.4 in early November, the University of Michigan said Wednesday. Still, the index has fallen four months […]

Analysts continue to work as hard as Santa’s elves to get their big forecasts together. Count Bank of America’s Savita Subramanian among them as the equity and quantitative strategist lands our preholiday call of the day: The S&P 500 SPX will hit a record 5,000 for 2024 in a “stock picker’s paradise.” Subramanian and her […]

U.S. stock futures were little changed Wednesday heading into the last full trading day of the week as Nvidia shares dip after earnings. How are stock-index futures trading On Tuesday, the Dow Jones Industrial Average DJIA fell 63 points, or 0.18%, to 35088, the S&P 500 SPX declined 9 points, or 0.2%, to 4538, and […]