Finance

Megacap stocks can “mask a lot of the internal weakness” in the S&P 500, says Todd Sohn, an ETF strategist at Strategas. Source link

The S&P 500 Index ($SPX) (SPY) Thursday closed down -0.09%, the Dow Jones Industrials Index ($DOWI) (DIA) closed up +0.04%, and the Nasdaq 100 Index ($IUXX) (QQQ) closed down -0.47%.  Dec E-mini S&P futures (ESZ24) are down -0.09%, and Dec E-mini Nasdaq futures (NQZ24) are down -0.48%. Stock indexes on Thursday gave up an early …

(RTTNews) – The Singapore stock market has moved lower in three straight sessions, falling more than 55 points or 1.6 percent along the way. The Straits Times Index now sits just above the 3,760-point plateau and it may be stuck in neutral again on Friday. The global forecast for the …

Cotton futures are trading with 17 to 26 point losses at midda. The outside markets were negative factors, with the US dollar index up another 431 points at midday and crude oil back down $0.65/barrel.  Export Sales data tallied upland cotton bookings improving to 194,895 RB for 2024/25, a 3-week high. …

Storied credit card giant American Express (NYSE: AXP) rode the express train to profit on Thursday. On news of several analyst price target increases, the company’s stock zoomed almost 2% higher on the day. That was more than good enough to top the S&P 500 (SNPINDEX: ^GSPC), which slumped by …

FedEx seeks to ‘unlock value’ for shareholders with FedEx Freight spinoff. Source link

As economic inequality rises, young Americans are left with a choice between settling for less and setting their sights higher. Source link

March NY world sugar #11 (SBH25) Thursday closed down -0.25 (-1.27%), and March London ICE white sugar #5 (SWH25) closed down -2.40 (-0.47%). Sugar prices Thursday extended this week’s sharp losses, with NY sugar posting a 3-month low and London sugar posting a 4-month low.  Sugar came under further pressure …

After trending down in 2023, nickel prices climbed to a 10 month high in late May of this year. However, they’ve since pulled back to four-year lows. While this environment has been tough for nickel companies, some stocks are still thriving. Supply is expected to outflank demand over the short …

Focus on the long term with these funds and fund managers’ stock picks. Source link