Treasuries Move Back To The Downside Following Strong Jobs Data

After ending the previous session modestly higher, treasuries moved back to the downside during trading on Friday. Bond prices regained some ground after coming under pressure early in the session but remained in negative territory. Subsequently, the yield on the benchmark ten-year note, which moves opposite of its price, rose 4.4 basis points to 2.957 […]

Stifel Update Identifies Top Fertilizer Industry Investment

When farm equipment maker Deere reported first-quarter earnings two weeks ago, the stock price fell to a 52-week low, less than a month after the shares had posted an all-time high. The share price plunge was due in part to rising costs for farmers. Fuel, fertilizer and new equipment all cost more and the prices […]

Gold Futures Settle Lower As Dollar Rises On Strong Jobs Data

Gold prices drifted lower on Friday as the dollar moved up amid rising prospects of aggressive rate hikes by the Federal Reserve after data showed a stronger than expected growth in U.S. non-farm payroll employment in the month of May. Hawkish comments from Fed Vice Chair Lael Brainard weighed on gold prices earlier in the […]

Earnings Previews: Academy Sports, Coupa Software, GitLab, Hello

The three major U.S. equity indexes closed higher Thursday. The Nasdaq added 2.7%, the S&P 500 rose by 1.8%, and the Dow Jones industrials put up a gain of 1.3%. Crude oil added about $3 a barrel following the weekly report on supply. Microsoft lowered earnings per share (EPS) guidance for the current quarter, and […]

These 6 ‘Strong Buy’ Business Development Companies Pay Massive Dividends

Interest rates are rising, and despite chatter that the Federal Reserve may pause in the fall, that will depend on when inflation decides to pause. Based upon current food and fuel prices, that does not look to be anytime soon. Investors can count on 50-basis-point increases in June and July, and most likely, with the […]

Wells Fargo Shuffles the Deck on 4 Energy Midstream Stocks

While West Texas Intermediate (WTI) crude oil remains about 5.7% below its late-March high, black gold has been trending higher for more than six weeks. Pump prices for regular gasoline have reached a 14-year high U.S. average of $4.63 a gallon Tuesday, according to data from GasBuddy. According to the U.S. Energy Information Administration, U.S. […]

Gold Edges Higher As Fed Bets Ease

Gold prices inched higher on Monday, the dollar resumed its slide and yields on government bonds retreated from their 2022 highs amid bets that the Federal Reserve might slow the pace of interest-rate hikes. Data on U.S. personal consumption expenditure price index released on Friday signaled that inflationary pressures could be easing and raised hopes […]

Stock futures trade mixed ahead of GDP, jobless claims

video Short-term volatility anticipated ahead: Market expert Hennion & Walsh Asset Management President and CIO Kevin Mahn discusses the markets and his stock picks. U.S. equity futures were mixed following Wednesday's Fed-fueled rally, as the latest meeting confirmed expectations of more interest rate hikes, but held no surprises to rattle investors. The major futures indexes […]

How soaring diesel prices may impact consumers

A version of this story first appeared in CNN Business’ Before the Bell newsletter. Not a subscriber? You can sign up right here. You can listen to an audio version of the newsletter by clicking the same link. London (CNN Business)In the peak of 2020 lockdowns, giant oil companies had a wake-up call. Demand had cratered, […]

Another Dead Cat Bounce? Analysts Upgrade or Downgrade Dow, Gap, Pfizer and More

The risk-on crowd made yet another attempt to rally the markets to start the week, and as midday approached, all the major indexes were trading higher. Many across Wall Street feel that we haven’t seen the all-in capitulation selling needed to find a secure bottom that can form a base. In addition, many feel that […]