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Market News

Location American Market News for 18 March 2022

Startups Rush to Count Company Carbon Emissions

Wall Street Journal - 18 Mar 2022 15:00
Regulators and investors are increasingly demanding better greenhouse-gas data, including from supply chains.
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How Much Student Loans Really Cost Should Be Disclosed To Borrowers, But Current Law Says Otherwise A big win for student loan borrowers.
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Microsoft Makes Bullish Cross Above Critical Moving Average In trading on Friday, shares of Microsoft crossed above their 200 day moving average of $300.84, changing hands as high as $301.00 per share.
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Dow Gains Nearly 300 Points As Stocks Wrap Up Best Week Since November 2020 Clarity from the Federal Reserve helped boost stocks to a winning week.
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Getting Real About Interest Rates

Forbes - 18 Mar 2022 20:30
Getting Real About Interest Rates What should interest rates be? Commonwealth CIO Brad McMillan says that's the fundamental question we should be asking.
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SXSW Goes Crazy for Doodles

Wall Street Journal - 18 Mar 2022 18:35
NFTs called Doodles are a hit at this year's festival.
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Analysts Reveal Their Top Stock Picks To Beat Stagflation And Outperform Choppy Markets Some of Wall Street's biggest firms now say it's time to buy--here is where they see opportunities.
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What The Fed Lifting Interest Rates Means For The Markets The Federal Reserve recently announced that it will begin lifting interest rates, which typically takes a toll on the markets. However, this time is different. Here's why.
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Billions Of Dollars Of Medical Debt Will Be Removed From Credit Reports Major changes to your credit report are happening soon.
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How to Become Debt-Free as Interest Rates Rise

Wall Street Journal - 18 Mar 2022 14:30
Financial advisers say you should pay down your high-interest debt as quickly as possible, given the Fed's stance.
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Most Medical Debts to Be Removed From Consumers' Credit Reports

Wall Street Journal - 18 Mar 2022 14:00
Equifax, Experian and TransUnion are making sweeping changes to how they report medical debt in collections beginning this summer.
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Canadian Oil Sands: Buried Treasures

Wall Street Journal - 18 Mar 2022 13:03
Surging oil prices are set to generate a much higher boost to Canadian oil companies' cash flow compared with U.S. peers.
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'The future belongs to the optimists,' one domestic asset manager said.
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Buy The Dip In MGM Resorts Stock?

Forbes - 18 Mar 2022 12:30
Buy The Dip In MGM Resorts Stock? Despite macroeconomic headwinds from the Russia-Ukraine war and skyrocketing inflation, the shares of MGM Resorts (NYSE: MGM) declined by just 12% since early February.
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UBS Stock Topped The Profit Estimates In Q4, Is It A Buy? UBS' stock (NYSE: UBS) has increased slightly YTD as compared to the 9% drop in the S&P500 over the same period. Further, at its current price of $18 per share, it is trading about 10% below its fair value of just above ...
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The 145-year-old London Metal Exchange failed to see the risks coming, partly because they were hidden from view.
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Why We Cut Our Price Estimate For Roku, But Still Remain Bullish On The Stock Roku stock has had a rough couple of months, declining by 50% year-to-date and by over 75% from its all-time highs. There were multiple factors driving the sell-off. Firstly, investors have been broadly reducing allocati...
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Should You Buy 3M Stock At $145?

Forbes - 18 Mar 2022 11:30
Should You Buy 3M Stock At $145? After nearly a 20% fall year-to-date, at the current price of around $144 per share, we believe 3M stock is undervalued. MMM stock fell from about $180 in early January to $144 now. The -20% move for MMM so far this year...
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Americans Are Having an Inflation 'Aha' Moment

Wall Street Journal - 18 Mar 2022 11:30
Many Americans knew inflation was here. But now they say they can feel it--at the gas pump, the local coffee shop and the grocery store.
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Preparing for a World With Higher Rates

Wall Street Journal - 18 Mar 2022 11:30
Inflation and tight job markets are forcing the hands of central banks to end an era of ultra-low interest rates. The results will be profound.
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Bristol Myers Squibb Stock Is Likely To Offer Better Returns Over This Life Sciences Company We think that Bristol Myers Squibb stock (NYSE: BMY) currently is a better pick compared to its industry peer Bio-Rad Laboratories stock (NYSE: BIO), a life sciences company, given its better growth prospects and compara...
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Stock Futures Put Wall Street on Track to Close Week With Gains

Wall Street Journal - 18 Mar 2022 09:49
U.S. stock futures ticked lower, putting major indexes on track to snap a 3-day winning streak while finishing the week with a rise.
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