The Mortgage Bankers Association (MBA) released its weekly report on mortgage applications Wednesday morning, noting a decrease of 0.5% in the group’s seasonally adjusted composite index for the week ending June 29. Mortgage loan rate movements were mixed last week.
Shares of natural gas fuel company Clean Energy Fuels Corp (NASDAQ:CLNE) fell as much as 12.7% in trading Friday as oil prices continue to swing wildly on the market. Shares gained back some of their losses late in the day but were still down 8.7% at 3:25 p.m. EDT.
Yesterday, fellow Fool Jason Hall highlighted how rising oil prices were helping push....More>>>
Every night in 1995, I would deposit money overnight in a different currency… Sounds strange, I realize. But back then, as the vice president of a global mutual fund, one of my jobs was to execute our fund's trades. Once our U.S. trading day was done, we wanted our money to work for us overnight as well. We might put our money into French francs, German marks, or somewhere....More>>>
Amazon.com Inc and Wal-Mart Stores Inc are battling for the title of “low price leader” by lowering prices. flickr
Despite the strong salesduring the Black Friday weekend, it has been a turbulent year for the U.S retail industry this year, thanks to eCommerce giant Amazon.com Inc (NASDAQ:AMZN). Retail chains like Macy’s (NYSE:M) have closed down hundreds of stores....More>>>
Advance Auto Parts (NYSE:AAP) – Equities researchers at Wedbush issued their Q1 2019 earnings per share (EPS) estimates for Advance Auto Parts in a research report issued on Tuesday, May 15th. Wedbush analyst S. Basham expects that the company will post earnings per share of $2.31 for the quarter. Wedbush has a “Buy” rating and a $130.00 price objective on the stock. Wedbush....More>>>
Gold doesn't trade in a vacuum. Markets are connected. What happens in one often affects others. So if you want to understand what's happening with gold, you need to know what's going on in the markets that affect gold. And while lots of traders focus only on the short term, it's important to have a big-picture view, too. The big picture shows you the long-term....More>>>
Source: ThinkstockFebruary 28, 2018: The S&P 500 closed down 1.1% at 2,713.80. The DJIA closed down 1.5% at 25,027.96. Separately, the Nasdaq was down 0.8% at 7,273.01.
Wednesday was another down day for the broad U.S. markets with all three of the major exchanges closing lower on the day. The Dow took the worst of the punishment with losses over 300 points. Note that again most of this....More>>>
Don’t look now, but the S&P 500 is having its third-best year in the past decade, which is amazing when you consider we’ll be entering the tenth year of the bull market in March. It’s a big indication the 2008 financial crisis is clearly in the rearview mirror, making it very difficult to find cheap stocks to buy.
With the S&P 500 up 16% year-to-date, it’s....More>>>
The technicians love the biotech sector–and the iShares Nasdaq Biotechnology ETF (IBB)–today. Earlier today, we discussed Cornerstone Macro’s Carter Worth, who predicts big upside for the health-care sector generally, and some biotech stocks specifically, Regeneron Pharmaceuticals (REGN) and Amgen (AMGN) among them. Now, the folks at Bespoke Investment Group have published their....More>>>
The day started out strong, but as time passed, the bullishness faded and the bears dug in. By the time the closing bell rang, the S&P 500 had slipped into the red, closing down 0.17% at 2338.17. Still, that wasn’t enough to drag the index under its key support level of 2,329.
It was much worse for some names though. Namely, Diana Shipping Inc. (NYSE:DSX), Rite Aid Corporation (NYSE:RAD)....More>>>
Every day, Wall Street analysts upgrade some stocks, downgrade others, and "initiate coverage" on a few more. But do these analysts even know what they're talking about? Today, we're taking one high-profile Wall Street pick and putting it under the microscope...
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Italian stock and bond prices finished lower Tuesday, weighing on the broader European equity bourses, as the countrys new prime minister outlined the coalition governments vision for the eurozones third-largest economy.
However, European tech stocks overall were pushed to a multiyear hig