Markets

…

The S&P 500 index looked set Friday to take another run at a technical level that could deliver a big dose of encouragement to stock-market bulls arguing that the bear-market bottom is in, though chart watchers warned that it might not be a signal to go all in. Through Thursday’s close, the S&P 500 SPX,…

Top Projects: The Narrows, Salvation Lofts, One Manhattan Square Sales activity at new development condos in New York City has dipped below pre-pandemic norms for the first time in 2022. Marketproof’s July report shows a 28.5% drop in monthly sponsor contracts with 188 deals reported across 96 buildings city-wide, 37% lower than the same period…

Dow Jones futures rose slightly early Wednesday, along with S&P 500 futures and Nasdaq futures, with the July CPI inflation report on tap before the open. Elon Musk sold $6.9 billion worth of Tesla stock in the past three trading sessions, citing his possible Twitter takeover. Tesla and Twitter stock rose X The stock market rally…

By Adriano Marchese Hydro One Ltd. profit rose in the second quarter as demand increased, while revenue growth missed analysts' forecasts. The Canadian electricity transmission and distribution utility company, which focuses primarily on the province of Ontario, reported net income of 255 million Canadian dollars (US$198.3 million),…

A trader works on the floor at the New York Stock Exchange (NYSE), New York, August 3, 2022.Andrew Kelly | ReutersHere are the most important news items that investors need to start their trading day:1. Stocks look for momentumU.S. equities markets were on track to open higher Monday morning after three straight winning weeks for the S&P…

Wall Street expects companies to post smaller profits as the economy slows and inflation persists. Earnings projections have dipped even though recent quarterly reports have been relatively strong. David Kostin of Goldman Sachs rounded up the…

Sporrer/Rupp | Image Source | Getty ImagesMarket drops may stoke retirees' fears that they will no longer have enough assets to live on.But it turns out that may not be the biggest financial risk they should be watching for in retirement.Instead, longevity — the prospect retirees may live longer than expected and run out of money — is actually…

Stocks finished mixed on Friday as bond yields soared following the stronger-than-expected July jobs report.At the closing bell, the tech-heavy Nasdaq was the day's biggest laggard among the equity indexes, falling 0.5%, while the S&P 500 fell 0.2%, and the Dow rose 0.2%.In July, the U.S. economy added 528,000 jobs as the unemployment rate…

The standoff between China and Taiwan (and the U.S.) has heightened tensions to their highest level in decades but — so far at least — economic observers haven’t seen a worst-case scenario.The island’s crucial semiconductor industry has dodged a direct hit and, while China currently has Taiwan effectively blockaded, that is expected to end this…