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Market News

Location American Market News for 13 July 2022

Volatility in Bonds Deepens After Inflation Report

Wall Street Journal - 13 Jul 2022 17:26
Fresh evidence of accelerating inflation rattled bond markets anew, sparking large swings in Treasury yields as traders grappled with the potential for more aggressive interest-rate increases.
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What If You Were On The Twitter Board?

Forbes - 13 Jul 2022 22:59
What If You Were On The Twitter Board? The Twitter board now has the challenge of handling the most visible acquisition case of the decade and we will all learn from how this unfolds. Regardless of the outcome, the Twitter board now needs to have courage unde...
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Switch Stock On Track To Overtake Record Highs Switch (SWCH) stock has been middling above the $33 level since its May bull gap, resting just below its May 11 record high of $33.84.
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Inflation May Have Peaked, but the Fed Won't Back Off

Wall Street Journal - 13 Jul 2022 17:29
Gasoline prices have slipped, while cooling in other prices suggest lower inflation readings in the months ahead.
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Daily Dividend Report: Cummins, Marsh McLennan, Baxter International, Realty Income, Phillips 66
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Airport Chaos Is a High-Class Problem for Airlines

Wall Street Journal - 13 Jul 2022 17:10
Delta Air Lines' results confirm that post-pandemic costs will remain high as cancellations rise and labor demands mount, but excess demand for flying is still good news
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After A Strong Week, Can Intel Stock Sustain Its Performance? Intel Corporation stock (NASDAQ: INTC) is up almost 5% in the past week (five trading days), performing better than the S&P 500 which was up around 2% over this period.
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U.S. Will Fall Into Recession This Year As 'Worrisome' Forces Grow, Bank Of America Warns The bank joins a growing wave of experts warning the economy will endure more pain than previously expected as the Fed works to ease decades-high inflation.
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No, Mr. President, Gas Station Owners Can't Just With midterm elections coming up, President Joe Biden has been under pressure to do something about crushing fuel costs, but in reality, the executive branch can do very little to bring prices down.
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Alibaba And Tencent Fined In China Tech Crackdown Stocks in China plunged Monday as the country's anti-monopoly authority announced multiple fines for failure to report past merger activities.
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Crypto Markets Fall After Report Of U.S. Inflation Rise To 9.1% Crypto markets plunged in reaction to the U.S. Bureau of Labor Statistics' announcement this morning of a yearly inflation rate of 9.1%.
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If We're Facing Another 2008, These Are The Dividends To Buy I'm going to show you a two-part dividend-growth strategy that actually made money for one group of investors in the disastrous year that was 2008.
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Should You Buy Boston Scientific Stock At $38? Boston Scientific's revenue grew 13% to $12.2 billion over the last twelve months, compared to $10.7 billion in 2019, primarily led by higher sales for its peripheral interventions, endoscopy, and women's health products...
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Dow Falls 200 Points After 'Ugly' Inflation Report Adds To Recession Fears Markets took a hit after yet another red-hot inflation report showed consumer prices surging to new 40-year highs.
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Peloton Interactive's 95% Off Sale? Why You Should Avoid The Stock With Peloton's revenue expected to fall 28%, investors should look out below.
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Banks alter foreign currency deposit rates after RBI's relaxation. Check new rates Banks revised their FCNR rates right after RBI relaxed the norms and permitted them to raise fresh FCNR(B) and NRE deposits without reference to the extant regulations on interest rates with effect from July 7, 2022.
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Stronger Than Expected CPI

Forbes - 13 Jul 2022 15:15
Stronger Than Expected CPI Markets started the week with back to back losses in light trading.
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Valvoline's Transition Story Is A Growth Story As we'll show the stock could be worth at least $40/share today - a 33% upside.
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Inflation Tracker: When Will Prices Stop Going Up?

Wall Street Journal - 13 Jul 2022 15:12
The Journal has put together a price tracker of common items that many Americans buy monthly to see the direction of prices that matter to you.
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State Street Stock To Top The Consensus In Q2? State Street (NYSE: STT) is scheduled to report its fiscal Q2 2022 results on Friday, July 15, 2022.
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Taiwan National Fund Intervenes to Stop Market Slide

Wall Street Journal - 13 Jul 2022 14:47
The self-ruled island mobilized a national fund to arrest declines in its battered equity market, after Taiwanese stocks continued to fall while other regional markets recovered recently.
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Inflation Spiked 9.1% In June--Hitting New 40-Year High As Price Surge Fuels Recession Fears The inflation reading was much worse than the 8.8% increase economists were projecting.
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