Sections SEARCH Skip to content Skip to site index Subscribe Log In Log In Today’s Paper DealBook | DealBook Briefing: Tech No Longer Carries the Stock Market DealBook Supported by Feb. 4, 2019 Good Monday morning. (Was this email forwarded to you? Sign up here .) A ‘chip dip’ threatens Big Tech’s clout From Apple to Nvidia, tech companies say that business is slowing. What’s happening? Big tech companies are reporting lackluster results. Weak Chinese consumer demand blew a $9 billion hole in Apple’s latest quarterly sales. Nvidia warned last month that its revenue would come in 20 percent below expectations. Intel’s January financials didn’t meet forecasts. And Samsung’s sales plunged 10 percent in the fourth quarter. Behind the trend: semiconductors. “China, smartphones, Bitcoin and cloud computing have been among the major drivers of the long tech … [Read more...] about DealBook Briefing: Tech No Longer Carries the Stock Market
What days are the stock market closed
Business By PETER EAVIS, STEPHEN GROCER, KEITH COLLINS and KARL RUSSELL JAN. 21, 2019 Investors did not know what to expect from a Trump presidency. Would they get a traditional pro-business Republican who promised tax cuts, or an unpredictable populist who would disrupt trade? So far, they’ve gotten both in President Trump, who sees the stock market as a barometer of his success. Stocks are up 25 percent in the two years since his election, but it has not always been a smooth ride. Change in the S&P 500 since Nov. 8, 2016 Stocks around the world tumbled overnight after Mr. Trump's victory. But by the start of trading in the United States on Nov. 9, investors had begun to embrace the idea of a Republican-controlled White House and Congress. The chaotic first year of the Trump presidency would feature policy missteps, White House firings, tensions with North Korea and developments in the Russia investigation. But investors focused on the promise … [Read more...] about The Stock Market’s On-Again, Off-Again Relationship With Trump
Sections SEARCH Skip to content Skip to site index Business Log In Subscribe Log In Today’s Paper Business | The Stock Market Is Making a Comeback. Was It Something the Fed Said? Supported by ByMatt Phillips Jan. 20, 2019 Stocks have staged a remarkable turnaround in the early days of 2019, rebounding after an end-of-the-year tailspin that was fomented by fears of recession in the United States. Three straight weeks of gains in the new year on Wall Street have erased nearly all of 2018’s losses. It’s the best start to a year since 1987. Even so, many factors behind last year’s troubling decline remain unresolved. American companies and consumers are less optimistic about the future, and large economies like Germany and China are signaling a global slowdown driven by the trade war. Britain is in turmoil over leaving the European Union. And a new concern, the longest federal government shutdown … [Read more...] about The Stock Market Is Making a Comeback. Was It Something the Fed Said?
Quarterly earnings season is getting underway, and it could go a long way towards dictating the future of the stock market. A recent uptick in equity volatility has created an uncertain and unstable earnings environment, which could result in sharper share moves than usual. We outline why this is the most important earnings season in recent memory, and discuss what’s at stake. Earnings season is always a crucial time for stock investors. It gives them a rare peek inside the companies whose shares they own. And, perhaps most importantly, it’s a chance for them to take advantage of bigger-than-usual price swings. But the reporting period getting underway this week is carrying extra importance. In fact – given what’s transpired in recent months, and what’s at stake – it’s not an exaggeration to say this is the most critical earnings season in years. A big part of that stems from the profit growth slowdown being signalled by Wall Street and … [Read more...] about We’re entering the most important earnings season in recent memory — and the fate of the stock market hangs in the balance
Morgan Stanley’s chief US equity strategist says it will be far harder to predict the market’s moves in 2019 than last year. He correctly called the stock market’s direction last year amid an injection of volatility. He likened that feat to the iconic 1993 commercial featuring the basketball players Michael Jordan and Larry Bird, attempting to sink the ball in a series of difficult shots. He said in a note out Monday that he expects the market to enter into a challenging time, and would recommend investors consider “lightening up” if stocks rally. “Off the expressway, over the river, off the billboard, through the window, off the wall, nothing but net.” That’s how Michael Jordan concluded the iconic 1993 McDonald’s commercial, “The Showdown,” alongside fellow basketball legend Larry Bird, competing for a Big Mac and Fresh fries. The basketball’s wild, roundabout journey to reach the hoop in that commercial … [Read more...] about Trying to predict the stock market has been a lot like the McDonald’s commercial with Michael Jordan and Larry Bird from 1993, Morgan Stanley says