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Market News

Location American Market News for 21 October 2022
Brokers, fund managers received unofficial guidance about trading activity, to reduce market volatility
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Will Norfolk Southern Stock Move Higher Following Q3 Results? Norfolk Southern (NYSE: NSC) is scheduled to report its Q3 2022 results on Wednesday, October 26.
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Federal Bank revises penalty charges on premature withdrawals of fixed deposits The premature withdrawal penalty structure for rupee term deposits has been modified by the private sector lender Federal Bank
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Small-cap mutual fund turns ₹10,000 monthly SIP to ₹6.34 lakh in 3 years Mutual fund calculator: If an investor had started ₹10,000 monthly SIP in this equity fund one year ago, its money would have grown to ₹1.27 lakh
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Pfizer's Price Hike Shot in the Arm for Vaccine Makers

Wall Street Journal - 21 Oct 2022 21:01
Company's decision to price its Covid-19 vaccine at $110-$130 per dose seeks to make up for the lower demand for boosters.
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A truncated timeline to sell $13 billion in debt--and strained market conditions--could make Twitter the biggest "hung" buyout deal ever.
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The Ghost of Credit Risk Spooks Amex Investors

Wall Street Journal - 21 Oct 2022 19:23
Another strong quarter at American Express is overshadowed by concerns about the outlook for borrowers.
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Dall·E Mini And The Future Of Artificial Intelligence Art With many companies investing in artificial intelligence, it's no surprise that there are AI-powered graphic generators that can create original works of art. Dall-E 2 is particularly good at making photorealistic images...
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The Metaverse Is Failing, But This Is One Investment That Will Not Die. Investors who bought metaverse-related securities have lost their shirt this year. The metaverse is a failure. But not for long.
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Americans can save thousands more dollars in tax-advantaged retirement plans next year
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Could A Housing Recession Be On The Horizon? Speculation of a housing market recession continues to propagate among buyers and real estate investors alike.
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You're Giving Away Yield and Don't Even Know It

Wall Street Journal - 21 Oct 2022 16:42
Money-market funds have been jacking up their fees in recent months, eating into the returns that savers should be earning. Here's what to do about it.
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Diwali bonanza: SBI hikes FD rates by up to 80 bps. Check new rates here The new rates are applicable on FDs below ₹2 crore and will come into effect from October 22. Senior citizens are the biggest beneficiary.
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The Bear's Demise? Get Ready For A Great Buying Opportunity. Multiple data-driven metrics suggest that the US stock market is on the verge of making a one to several quarter bottom.
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The German sportswear brand has noticed a spending slowdown in Western markets since September. The company's problems go deeper.
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Ugly Chart For The Week Ahead

Forbes - 21 Oct 2022 15:02
Ugly Chart For The Week Ahead Did the powerful rally at the start of the week change the outlook? The Viper Report's Tom Aspray shares his current short-term stock market outlook.
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Investors Jump Into Turbocharged ETFs

Wall Street Journal - 21 Oct 2022 15:02
Despite a market rout, risky leveraged and inverse exchange-traded funds have raked in nearly $25 billion this year as investors seek to turbocharge their bets.
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What's Next For Intuitive Surgical Stock After Upbeat Q3? Intuitive Surgical stock (NASDAQ: ISRG) has seen an 11% rise in a month, while it is up 14% in a week.
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What Is Tax Lien Investing?

Forbes - 21 Oct 2022 14:30
What Is Tax Lien Investing? If you're looking to invest in real estate without shelling out buckets, start here. We look at how tax lien investing works--pros, cons, risks and the upside.
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China's Battery Champion CATL Keeps Powering Up

Wall Street Journal - 21 Oct 2022 14:16
The Chinese EV-battery giant has managed to keep profits growing rapidly despite rising costs and tensions with the West.
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Europe's Energy Shock Spurs Rethink of Liberalized Gas Markets

Wall Street Journal - 21 Oct 2022 14:14
Rocked by its biggest energy shock since the 1970s, Europe is unpicking parts of a two-decade endeavor to foster a competitive market in natural gas.
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Stock Futures Slip as Earnings, Inflation Weigh

Wall Street Journal - 21 Oct 2022 13:50
U.S. stock futures edged lower as investors considered a mixed set of corporate results and the continued march higher in interest rates.
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