And the beat goes onis a refrain that kept rolling through my head after attending the symposium Tuesday hosted by the Womens Institute for a Secure Retirement (WISER) in Washington, D.C. The topic: retirement solutions for women.
The stock market gave up ground on Tuesday, but investors saw major benchmarks recover from their worst levels of the day to finish down less than half a percent. Early in the day, poor earnings results from blue chip components of the Dow Jones Industrials weighed on market sentiment, and ongoing uncertainty about whether the Trump administration will be able to deliver on promised government reforms....More>>>
Stocks finished higher for a fourth week as investors finally embraced the European Central Bank’s plan to boost the continent’s economy.
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The S&P 500 gained 1.1% this week after rising 1.6% to2,022.19 today. The Dow Jones Industrial Average rose 1.2% this week after gaining218.18 points, or 1.3% to 17,213.31. The Nasdaq Composite advanced....More>>>
As the stock market has rallied sinceDonald Trump’s election in November, Constellation Brands (STZ) has basically sat it out, weighed down by concerns that a new tax plan would hurt the multinational alcoholic beverage company’s profits.
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Morgan Stanley’s Dara Mohsenian and team, however, contend that those concerns are way overdone.....More>>>
Source: ThinkstockJanuary 3, 2017: Markets opened higher Tuesday following the beginning of promised cuts to crude oil production by OPEC members and other nations as well as a strong report on manufacturing activity in December. Telecom and healthcare were the day’s leading sector gainers while real estate and utilities were the losers. WTI crude oil for February delivery settled at $52.33....More>>>
Yesterday, news broke that General Motors (GM) was considering selling its European business to PSA. Surprising? Yes. And it certainly wasn’t a part of the bullish argument Barron’s Johanna Bennett made for the automaker in January. But it’s an idea that actually makes quite a bit of sense, argues JPMorgan analyst Ryan Brinkman and team. They explain why:
With the markets trading near historic levels at the start of 2017, investors are looking for the best investments when the market is high.
The Dow Jones Industrial Average was just 13 points shy of 20,000 last week and climbed more than 13% overall in 2016. These gains have been largely fueled by the “Trump effect,” a positive economic outlook, and the December rate hike....More>>>
You wouldn’t know it from the headlines about obesity, but Americans spend a lot of time and money on fitness — and that spending is rising every year. The aging of America, which eventually could be a drag on the fitness segment as the Baby Boom population gets extremely old, is still a net positive: doctors increasingly insist that seniors stay active, driving demand for athletic shoes....More>>>
On Friday, small cap biotechArrowhead Pharmaceuticals (NASDAQ: ARWR) jumped 18.28% after hosting an investor & analyst R&D day to introduce its proprietary Targeted RNAi Molecule (TRiMTM) platform and to review its pipeline of RNAi therapeutic candidates. Arrowhead Pharmaceuticals develop