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Market News

Location American Market News for 26 September 2022

Stock Futures Slip as Growth Worries Linger; Pound Slumps

Wall Street Journal - 26 Sep 2022 13:54
U.S. stock futures fell on worries about the world economy, while the U.K. government's tax-cutting plans sent the British currency and bond markets into disarray.
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Recession Fears Save Pharma From Pricing Concerns

Wall Street Journal - 26 Sep 2022 13:03
Drug companies are facing patent expirations and price pressure, but investors won't make them pay for those problems just yet.
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China's Central Bank Moves Further to Bolster the Yuan

Wall Street Journal - 26 Sep 2022 13:02
The People's Bank of China is making it more expensive for traders and institutions to bet against the yuan after it weakened rapidly against the dollar.
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Bond Yields Have Risen Well Above Stock Dividend Yields. Are They A Buy? Monetary policymakers added 350 basis points (bps) in rate hikes, bringing the total amount of hikes in the world's top 10 largest economies to a massive ~2,000 bps so far this cycle. The single holdout is Japan, which i...
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Too many options are confusing new investors

livemint.com - 26 Sep 2022 20:03
Too many options are confusing new investors Combination of flexicap, midcap and index funds is good for equity allocation
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How is an NRI taxed on his India earnings?

livemint.com - 26 Sep 2022 19:57
How is an NRI taxed on his India earnings? For a citizen of India or a person of Indian origin, who comes on a visit to India, the 60 days are considered changed in the following manner in. If total income, other than income from foreign sources, exceeds ₹15 la...
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Has pound's plunge made UK holidays cheaper for Indians? The British pound crashed to a historical low against the US dollar on Monday. As on 26 September, one Pound sterling (GBP) was valued at ₹87.84
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Why Indian mutual funds avoid Adani stocks

livemint.com - 26 Sep 2022 19:30
Why Indian mutual funds avoid Adani stocks Four of the six Adani group stocks have been multi-baggers, delivering returns of 18-46-times over last 3 years
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This private bank gives 7.10% rate on 1-2 years FD tenure, senior citizens benefit most The biggest beneficiary is the senior citizens as the bank offers an incentive of an additional spread of 0.5% on these FDs. The highest rate is 7.10% and is offered on tenures above 1 year to 2 years.
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Casino Shares Gain on Hopes of Renewed Tourism in Macau

Wall Street Journal - 26 Sep 2022 18:50
Shares in Las Vegas Sands and Wynn Resorts climbed after the gambling hub's government said it would begin allowing tourists from mainland China.
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This Payout Portfolio Yields 6x More Than The Market To paraphrase the great Jerry Maguire: Show me the money. Monthly!
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China's Economy 'Dismal,' Will See No Growth, New Report The country's growth under Xi likely dropped to zero from regular double-digit gains.
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What The Heck Is An Inverted Yield Curve? And Why Does It Predict A Recession? The yield curve can be a great resource in determining the future of the U.S. economy, and has accurately predicted the ten most recent recessions. Learn what an inverted yield curve is and how it pertains to your invest...
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Tata's Potential---and Problems---Are Symbolic of India Itself

Wall Street Journal - 26 Sep 2022 16:11
Tata Group is in the midst of yet another reorganization--this time in the steel business.
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After 10% Drop Last Week, Can Delta Air Lines Stock Bounce? Della Air Lines Inc. stock (NYSE: DAL) is down 10% in the past week, strongly underperforming the S&P 500 which was down 4% over this period.
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Investors don't seem to have much confidence that the U.K. government's fiscal splurge will generate the economic results it is hoping for.
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A Quality Exec Comp Plan Lowers The Risk Of Investing In The Home Depot The Home Depot (HD) is the featured stock in September's Exec Comp Aligned with ROIC Model Portfolio.
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The S&P 500's Biggest Earners Look Relatively Cheap Nearly 50% of the S&P 500's Core Earnings comes from just 41 companies representing only 8% of the number of firms in the index.
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Federal Reserve Continues Interest Rate Hikes And Housing Market Sees Spike In Mortgage Rates: Forbes AI Newsletter - September 24th Subscribe to the Forbes AI newsletter to stay in the loop and get AI-backed investing insights, the latest news and more delivered directly to your inbox every weekend.
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Wake Me Up When September Ends

Forbes - 26 Sep 2022 15:05
Wake Me Up When September Ends Who would have thought Green Day would have penned a song so apropos for markets?
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Why Harley-Davidson Stock Is Holding Up Despite A Tough Automotive Market Harley-Davidson stock has risen by about 3% year-to-date considerably outperforming the S&P Automotive Index which remains down by about 22% over the same period.
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Banks Could Get Nudged Out of Leveraged Lending

Wall Street Journal - 26 Sep 2022 14:33
The trouble with a recent deal for buyout debt could be an even bigger worry if more of that type of lending shifts away from banks.
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