Markets
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U.S. stocks close lower Friday, but Dow books longest weekly win streak since October after bank earnings, retail sales and Fed comments
U.S. stocks closed lower Friday as investors digested strong big bank earnings, weak retail sales, and hawkish comments from a Federal Reserve official, but all three major benchmarks booked weekly gains. How did stocks trade? The Dow Jones Industrial Average DJIA, -0.42% shed 143.22 points, or 0.4%, to close at 33,886.47. The S&P 500 SPX,…
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CLNE Stock Price | Clean Energy Fuels Corp. Stock Quote (U.S.: Nasdaq)
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‘Fed-is-going-to-stop-soon’ trade peters out in stocks, bonds amid prospect of at least one more rate hike
A combination of hawkish remarks by a pair of Federal Reserve officials, solid bank earnings reports, and a rebounding consumer-sentiment reading on Friday are among the factors contributing to another abrupt readjustment in the financial market’s thinking about the path of interest rates. The sudden readjustment dented the popular view that the Federal Reserve might…
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No, you can’t get a 40-year mortgage. So why was that search trending on Google?
Earlier this week, the internet was abuzz about a new type of home loan: a 40-year mortgage. Google searches for “40-year mortgage rates” spiked 450% — and searches for “FHA 40-year mortgage 2023″ jumped more than 2,650%. But the excitement was misplaced, because there is in fact no new 40-year mortgage. One mortgage lender shed…
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The ‘fuel is there to blow the top off’ the stock market. Here’s what’s missing.
The ingredients are in place for an explosive U.S. stock-market rally, but there’s still room for doubt about whether the bears have been vanquished, a closely followed Wall Street technical analyst argued Thursday. The S&P 500 index SPX, +1.33% is headed toward a pair of important resistance levels on the price chart as it rallies…
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AMTX Stock Price | Aemetis Inc. Stock Quote (U.S.: Nasdaq)
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Why the weakness in U.S. bank stocks since the collapse of SVB is a worrisome sign on eve of bank earnings
The U.S. corporate earnings reporting season begins this week with a flurry of major U.S. banks set to report their first quarterly performance since the collapse of Silicon Valley Bank (SVB) and Signature Bank last month. JPMorgan Chase, Wells Fargo, Citi and BlackRock will be among the large financial institutions posting their earnings before markets…
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Andrew Lloyd Webber says he’s already thinking about ‘The Phantom of the Opera’ returning to Broadway — even as it prepares to close
Perhaps we won’t have to say farewell to “The Phantom of the Opera” for long. Andrew Lloyd Webber, the composer behind Broadway’s longest-running show, told MarketWatch that he expects the musical will return at some point after it ends its 35-year run on April 16. “The Phantom sends me notes from time to time, saying…
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S&P 500, Dow book highest close in 2 months on more signs of cooling inflation and ahead of bank earnings
U.S. stocks finished sharply higher on Thursday, led by technology stocks, as traders parsed another batch of inflation data showing pressures easing in March, while the first reports from what’s expected to be a gloomy first quarter earnings season arrived, with several marquee releases due on Friday morning. The S&P 500 and the Dow Jones…
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FSLR Stock Price | First Solar Inc. Stock Quote (U.S.: Nasdaq)
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