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Popular QQQ ETF on track for biggest monthly gain since July 2022 as tech stocks soar
A large and actively traded fund that tracks the Nasdaq-100 index has soared in November, heading for its biggest monthly…
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Lease vs. Buy? Rivian Is Giving Customers a Choice That Should Help Demand.
Rivian expects to make about 54,000 vehicles in 2023, up from 24,300 in 2022. Justin Sullivan/Getty Images Car buyers looking…
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ChargePoint faces ‘painful transition’ after major changes, analyst warns
ChargePoint Holdings Inc. drew a downgrade at Oppenheimer, while analysts at Needham slashed their price target for the electric-vehicle-charging company…
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S&P 500 close to exiting correction territory as JPMorgan warns risk-reward in stocks appears ‘unattractive’
The S&P 500 was pressing higher Wednesday, with the widely followed index nearing a potential exit from correction territory as…
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Why a derailed $11 trillion corporate bond market looks ripe for a comeback as U.S. inflation slows
Slowing U.S. inflation has sparked hopes of a big turnaround for hard-hit parts of the $10.6 trillion U.S. corporate bond…
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The Magnificent Seven add more than $200 billion to their market caps
It was a magnificent day for the stock market Tuesday, highlighted by a strong performance by the Magnificent Seven technology…
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How financial conditions might play into Fed’s thinking after October’s CPI
Financial markets were jubilant over Tuesday’s data showing that U.S. consumer prices eased by more than expected in October, with…
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Home Depot CEO says 2023 ‘a period of moderation’ in home improvement spend
Home Depot Inc. posted better-than-expected third-quarter earnings early Tuesday, but said its customers were avoiding certain big-ticket items. “The third…
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A 1990s-style economic boom could be coming soon, UBS says
Instead of a repeat of the “Roaring 20s” from a century ago, this decade is now looking more like a…
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Stock-market rally faces make-or-break moment. How to play U.S. October inflation data.
It has been a while since a hot inflation report sparked wild gyrations in U.S. stocks, like it frequently did…
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