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Market News

Location American Market News for 2 March 2022
These 15 Stocks And 10 Funds Are Overexposed To Russia And Ukraine Large caps like Renault and Citigroup have suffered double-digit declines in part due to Russia's invasion of Ukraine. The conflict has had a more severe impact on some smaller stocks.
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BWX Technologies Stock Rallied 9% Last Month. Is It Still Attractive? BWX Technologies, a supplier of nuclear components and fuel, has seen its stock gain almost 11% over the last week, compared to the S&P 500 which remained roughly flat over the same period. The stock also remains up by a...
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Stocks To Pick As Business Spending Rises

Forbes - 2 Mar 2022 15:00
Stocks To Pick As Business Spending Rises Our theme of Capex Cycle Stocks - which includes heavy equipment makers, electrical systems suppliers, automation solutions providers, and semiconductor fabrication equipment players - has declined by about 11% year-to-d...
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American Eagle Stock To Trade Higher Post Q4? American Eagle Outfitters, which sells men's and women's apparel and accessories under the American Eagle, Tailgate, Todd Snyder, and Aerie brands, is scheduled to report its fiscal fourth-quarter results on Wednesday, M...
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Don't Sleep on Citigroup

Wall Street Journal - 2 Mar 2022 23:19
Its new goals for returns may not blow investors away, but it's disclosing more about the high-value businesses that could help it stay there.
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Airline Stocks Surged To All-Time Highs When Oil Was Trading Above $100/Barrel Oil prices were highly elevated from 2011 to mid-2014, and yet global airline stocks surged to new all-time highs.
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Businesses are going beyond sanctions, slapping a toxic label on anything to do with Russia, shunning its oil, refusing to issue insurance and cutting off financial transactions even with entities not on the sanctions li...
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Ford Tries to Create an Inner Tesla

Wall Street Journal - 2 Mar 2022 22:04
Giving electric vehicles such as the Mustang Mach-E and F-150 Lightning a separate profit-and-loss account will make Ford's technological transition unusually transparent.
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Multi-asset investing: Win some, lose some

livemint.com - 2 Mar 2022 21:21
Multi-asset investing: Win some, lose some Investors can't predict how each asset class will perform on a y-o-y basis
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Dow Jumps 700 Points, Oils Hits 11-Year High As 'Investors Are Whipsawed' By Rate Hikes And Russia-Ukraine Conflict Stocks jumped despite surging oil prices as the Russia-Ukraine conflict escalates.
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Fanatics Raises $1.5 Billion at $27 Billion Valuation

Wall Street Journal - 2 Mar 2022 21:00
Investors in the latest round include Fidelity Management & Research, funds managed by BlackRock and Michael Dell's family office.
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This College Just Cancelled $2.1 Million Of Student Loans More student loan cancellation.
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How should you carry your foreign exchange

livemint.com - 2 Mar 2022 19:22
How should you carry your foreign exchange Travelers get all the convenience of transacting abroad when they carry a travel credit card or forex prepaid card
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Are emerging markets like India cheaper than the US market? According to historical data, S&P 500 average P/E ratio for the last 40 years is 21.92
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Oil Is Thicker Than Blood for OPEC

Wall Street Journal - 2 Mar 2022 18:50
It was easier for the Saudi Arabia-led oil cartel to reach an oil output decision this time around. Their choices will only get more difficult as long as the war in Ukraine continues.
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Citigroup's Fraser Says Bank's Overhaul Will Take Years

Wall Street Journal - 2 Mar 2022 18:03
At her first investor day as CEO, Citigroup's Jane Fraser laid out her vision for the bank and set a new profitability target.
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Money Transfers to Ukraine Surge After Russian Invasion

Wall Street Journal - 2 Mar 2022 18:01
Payments to Ukranians more than doubled on the day of the Russian invasion.
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Rate Hikes Are Coming In March Despite 'Uncertain' Impact From Russia's Invasion Of Ukraine, Powell Says The central bank confirmed an upcoming interest rate hike to combat surging inflation.
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This Stock Has A 3.45% Yield And Sells For Less Than Book The current annualized dividend paid by Invesco is $0.68/share, currently paid in quarterly installments, and its most recent dividend ex-date was on 02/15/2022.
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The Bullish Long-Term Oil Picture: $125 To $165 With oil rising over $100 per barrel, we look at the longer term picture.
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Lennar, KB Homes: Home Builders Trade At Low Multiples. Are They A Value? Our theme of Housing Stocks, which includes the stocks of home builders, building products companies, and home improvement players, has declined by about 22% year-to-date, compared to the S&P 500, which remains down by a...
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Investors Wrestle With Risk Of Economic Slowing From War And Rising Commodities S&P 500 Tests Support While Oil Tests Resistance Ahead of Chair Powell Testimony
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