Articles

Here’s how the dollar is tracking Biden’s chances of victory in November

Though the U.S. presidential election is still five months away, analysts are continuing to weigh in on how the race could impact financial markets.

This CEO caused a nearly $3.6 billion swing in market cap between chip rivals

Shares of Lattice Semiconductor Corp. tumbled Monday after the semiconductor company’s chief executive left to join chip-sector rival Coherent Corp. — which, in turn, saw its stock soar to its best day in four years.

S&P 500 to hit 5,700 in a postelection rally, says Wells Fargo

The stock market gained 41.8% on average around the past three U.S. presidential elections, according to Well Fargo’s investing unit

Your taxes will likely have to go up, despite Biden’s $400K pledge

President Biden has pledged to not raise taxes on Americans making less than $400,000 per year, a group that makes up about 98% of the U.S. population. But experts say that maintaining this pledge will require Biden to abandon his plans for new spending.

OPEC+ oil cuts probably won’t move gas prices — but this wild card could

Crude-oil prices make up 55% of the price for a gallon of gasoline. What does the OPEC+ production-cut extension mean for drivers?

Investors tempted by latest meme-stock rally should see these charts before jumping in

Shares of heavily shorted stocks are surging once again on Monday, following a Reddit post from an account long associated with Keith Gill, the trader widely credited with stoking the original meme-stock mania in 2021.

Anthony Fauci addresses COVID-19 controversies on Capitol Hill

Top infectious-disease expert Anthony Fauci on Monday addressed some of the COVID-19 pandemic’s most heated controversies at a hearing on Capitol Hill.

Bitcoin’s bright future: Viable currency and an inflation hedge like gold

Bitcoin has the potential to become a stable, long-term asset.

Don’t sleep on the possibility of a Fed rate cut in July, economists say

Most Wall Street economists think investors can take the summer off, with no Federal Reserve rate cut on the horizon. But some economists still say there is a chance the central bank will lower its policy rate at its July meeting.

Mexico ETFs face worst day in 4 years after ruling party’s election win spooks investors

Exchange-traded funds that track Mexican equities were on track to suffer their biggest daily decline in nearly four years on Monday, after Claudia Sheinbaum’s victory in Mexico’s presidential election sparked investor concerns that her party’s landslide win could lead to constitutional changes.

Should investors expect more record highs?

The monthly contrarian update of market-timer sentiment

Here’s the ‘Goldilocks range’ for stocks in upcoming U.S. jobs report, according to BofA

Stock-market investors are looking ahead to the U.S. employment report, watching for jobs growth that is neither so strong as to rekindle hot inflation fears nor so slow as to stir recession worries.
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