Commodity/Financial Market News
- Finance
Dimon life: Will JPMorgan boss’s bonus rub shareholders up the wrong way?
Aw, you shouldn’t have. JPMorgan Chase’s board surprised investors by giving chief executive officer Jamie Dimon 1.5 million stock options on top of…
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Here’s what a Bank of America strategist says investors should do next as market rotation enters round four
To Bank of America global investment strategist Michael Hartnett, there have been three distinct phases to describe market action over…
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Why coffee futures scored their biggest 1-day gain in over 7 years
Coffee futures soared 10% on Thursday, with prices posting their largest single-session gain since early 2014 and their highest settlement…
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Bitcoin looks fraught as an inflation hedge amid selloff
Bitcoin’s steep selloff is undercutting the argument made by the digital currency’s proponents that it’s an inflation hedge. The original…
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Europe investors yank €14bn from Russell, Aviva and M&G funds
Investors pulled billions from funds managed by Russell Investments, Aviva Investors and M&G during the first half of the year,…
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Open for business: U.S. companies are reopening or forming at a frantic pace
The “chief business of the American people is business,” President Calvin Coolidge said almost a century ago. They are proving…
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JPMorgan boss Jamie Dimon pockets fresh retention bonus
JPMorgan Chase’s board gave Jamie Dimon new stock options as a retention bonus, signaling that the largest US bank wants…
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10 software stocks with sales expected to increase up to 174% through 2023
Investors looking for bargains in an expensive stock market might be better off focusing on sales growth as an indicator,…
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European stocks and U.S. futures rebound after worst rout in months
European stocks rose and U.S. futures gained ground on Tuesday, setting a partial recovery after the worst session in the…
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Opinion: How to hang onto your money when stocks are sliding
How you navigate a bear market for stocks makes the greatest difference to your long-term investment returns. That’s important to…
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22 stocks, including Carnival and Zoom, that are down 30% or more from 52-week highs
(The initial version of this article featured an incorrect list. This has now been corrected.) You would think that with…
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Dow skids 600 points lower as spread of delta variant rattles Wall Street
Stocks opened sharply lower Monday, with concerns about the global spread of the delta variant of the coronavirus that causes…
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London ranks top for European IPOs in bumper start to 2021
The London Stock Exchange has clung on to its title as the top performing European exchange for IPOs, despite a…
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Lawmakers and accountants lobby for solid crypto accounting rules
Accountants and lawmakers are urging standard-setters to fill a void and write concrete rules telling companies how to account for…
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Robinhood aims for $35bn valuation in IPO
Robinhood Markets, the zero-commission investment app, has set terms for its much anticipated initial public offering. Robinhood said on 19 July…
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The Euro 2020 final moved stock prices because sport makes us irrational investors
The Italian stock market rose last Monday while the UK stock market fell. Italy’s FTSE MIB index rose 0.92% on the day, while the…
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SIX exchange wins big at FN’s Trading & Tech Awards 2021
Swiss stock exchange group SIX scored two top prizes in this year’s Financial News Trading & Tech Awards after completing a…
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Bitcoin jumps as Elon Musk tweets Tesla will resume transactions once crypto is greener
The price of bitcoin jumped and flirted with $40,000 after Tesla’s chief executive Elon Musk tweeted that his company will…
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Regulators tell banks it is time to start using SOFR and ditch Libor
Regulators are ramping up efforts to end Libor trades by the end of the year. The Commodity Futures Trading Commission…
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Marshall Wace joins £1bn UK short-selling bonanza in defiance of meme army
Marshall Wace topped a list of short-sellers targeting the London stock market in early June, leading the pack during a…
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Here’s why bitcoin on the balance sheet could be an accounting headache
Elon Musk’s curious Twitter war with bitcoin is expected to hit Tesla Inc.’s bottom line this quarter. Musk is widely…
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Bitcoin holdings top $43bn across global investment funds
Investment funds are holding a collective bitcoin hoard worth $43.2bn, spread out across various vehicles including bitcoin closed-ended trusts and…
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Megacap tech stocks have been on a roll. Why they could thrive even if interest rates turn higher again.
The megacap technology stocks have been outperforming the broader market of late. The NYSE FANG+ index NYFANG, -1.79% — which…
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U.S. consumer sentiment sentiment falls to 6-month low amid record inflation concerns
The numbers: A preliminary reading of the University of Michigan’s index of consumer sentiment fell to 80.8 in July from…
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GameStop, AMC: Have the meme stocks had their day?
AMC Entertainment Holdings and GameStop swung wildly on 15 July, extending a bout of volatility that has delivered deep cuts…
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Apple, Amazon, ARKK, and other big names indicate a market correction is coming, strategist says. Here’s why.
Stocks are near all-time highs, and though U.S. markets opened slightly lower on Thursday, it’s much easier to find bulls…
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A benchmark-beating robot thinks AMC will outperform Facebook and GameStop. It likes these other stocks, too.
An exchange-traded fund run by artificial intelligence bought AMC stock at the beginning of July, preferring shares in the cinema…
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Powell’s future in question as Warren blasts Fed for being too easy on the biggest banks
Two leading Senate Democrats on Thursday were sharply critical of Federal Reserve Chairman Jerome Powell’s record as a bank regulator,…
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Crypto and FX firm LMAX valued at $1bn after JC Flowers stake
Cryptocurrency and FX exchange LMAX Group has received a valuation of $1bn, after selling a 30% stake in the company…
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You check your stock portfolio dozens of times a day. Is that a problem?
Advisers often give two directives to anxious clients: “Stick with the plan” and “Don’t check your portfolio every day.” Sticking…
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‘Earnings are better, valuations are cheaper.’ Here are 18 small-cap stock ideas from Jefferies
How long can the Federal Reserve hold off before tapping the brakes on its ultra accommodative monetary policy? The biggest…
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19 dividend stocks to help you combat inflation
Consumers and investors may be alarmed by rising prices. But a combination of prudent spending and investing can help these…
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Inflation will moderate, Powell says in prepared testimony to Congress
Federal Reserve Chairman Jerome Powell on Wednesday once again said that he thinks the sharp rise in inflation seen so…
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Apple, Microsoft and Google stocks close at record highs
For the third time this year, shares of Apple Inc., Google parent Alphabet Inc., and Microsoft Corp. closed at record…
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These big tech stocks, including Square and Tesla, are expected to show the best sales growth as the U.S. economy expands
You might be alarmed when you see headlines about the rising cost of living. But the increase in consumer prices…
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Fed’s Daly says the strong June inflation reading was expected and higher prices won’t last
The strong gain in the U.S. consumer price index in June is just part of a temporary “pop” in inflation…
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Consumer inflation posts biggest increase since 2008, CPI shows
The numbers: The cost of living rose in June by the largest amount since 2008, leaving the increase in U.S.…
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20 stocks that could rise as much as 39% as this key metric keeps improving
This has been another excellent year for U.S. stocks — so far — as the S&P 500 has returned 17%,…
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S&P 500 rises to intraday record but Nasdaq wobbles after hitting all-time high Monday
U.S. stocks traded mixed Monday morning, with the Dow Jones Industrial Average and S&P 500 gaining some loft toward records…
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U.S. wholesale inventories surge in May as businesses rush to keep up with strong sales
Inventories at U.S. wholesalers rose a sharp 1.3% in May as businesses rushed to keep up with a flood of…
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A Tesla ‘death cross’ is coming, the first in more than 2 years
Barring a massive rally, Tesla Inc.’s stock chart will produce the first bearish “death cross” pattern in more than two…
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U.S. unemployment claims rise slightly in early July, but layoffs remain near pandemic low
The numbers: New applications for unemployment benefits rose slightly last week, but the number of people losing their jobs remains…
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Bond rally continues while Dow futures slump 300 points and European stocks retreat
Stocks in Europe slumped in early action Thursday while bonds continued to rally, as investors assessed central bank developments and…
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Opinion: What the stock market’s ‘black swan’ index hitting an all-time high tells us
In late June the CBOE’s SKEW Index — a.k.a the “black swan” index — hit an all-time high. That reading…
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Apple stock on track for first record close since January
Shares of Apple Inc. are on track to post their first record close since January as the shares head for…
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U.S. job openings hit record 9.2 million as businesses compete for limited supply of workers
The numbers: Job openings in the U.S. rose slightly in May to a record 9.21 million, reflecting an insatiable demand…
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Binance crackdown highlights regulatory crypto conundrum
The near-simultaneous crackdown on digital assets exchange Binance by multiple global regulators demonstrates the struggle that watchdogs face in tackling…
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Here are four reasons the West is headed for a ‘very drastic crisis,’ according to a veteran economist
Markets seem to be in cruise-control mode, at least until the Jackson Hole gathering of central bankers at which the…
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AMC stock drops after company decides to not ask stockholders if it can issue more shares
Shares of AMC Entertainment Holdings Inc. fell again Tuesday, erasing earlier gains, after the movie theater chain disclosed it will…
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The red-hot U.S. economy cools off, ISM finds, because of major shortages and not enough workers
The numbers: Restaurants, retailers and other businesses that compose the huge service side of the U.S. economy simply cannot find…
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