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Market News

Location American Market News for 7 March 2023
Stocks Slide As Fed Chair Powell Says More Severe Rate Hikes On Deck Powell's commentary comes as Wall Street ponders how high the central bank will raise interest rates to rein in inflation (and drag down stock prices).
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Up 10% In A Month, Does Activision Blizzard Stock Have More Upside? It has already reached an agreement with Nintendo and Nvidia to offer Call of Duty on their platform for the next decade, and it has offered a similar deal to Sony.
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Stock Futures Edge Up Ahead of Powell Testimony

Wall Street Journal - 7 Mar 2023 13:56
Futures inched up Tuesday, as investors awaited a Senate appearance by Fed Chair Jerome Powell.
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Powell Testimony Drives Up Shorter-Term Bond Yields

Wall Street Journal - 7 Mar 2023 21:20
The yield on two-year Treasury touches 5% for the first time since 2007.
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Time to Get Used to Higher Rates

Wall Street Journal - 7 Mar 2023 20:44
Interest rates could stay elevated in a way not seen since before the financial crisis.
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Of wills and trusts: Why women need to have their own succession plan For Hindu women, the rules of intestate succession are extremely unfavourable--the heirs of her husband are given preference over her own parents and other family members.
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Can I construct a building on agricultural land in Pune? Any development within a specified area will be governed by the applicable development norms stipulated under a regional development plan, published by the planning authority, under the provisions of the Maharashtra Regi...
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Dow Falls 400 Points As Fed Chair Powell Warns More Severe Rate Hikes On Deck Powell's commentary comes as Wall Street ponders how high the central bank will raise interest rates to rein in inflation (and drag down stock prices).
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How women use their money: a report card

livemint.com - 7 Mar 2023 18:43
How women use their money: a report card Around 85% married women aged 15-49 are involved in deciding how to use their own earnings, the latest National Family Health Survey (NFHS 2019-21) showed. This is up from 82% in 2015-16.
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Sonos Brings New Era to a New Era

Wall Street Journal - 7 Mar 2023 17:31
Redesign and a price rise for the company's flagship speaker comes as the consumer electronics market seeks its postpandemic footing.
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Fixed vs reducing interest rates: Which to opt to fund your car loan? Flat interest rates effectively remain higher than reducing interest rates, and the interest rates remain fixed during the loan's tenure, which is determined based on the principal amount of your car loan.
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How Are Green Energy Stocks Faring This Year? Our theme on Renewable Energy Stocks - which includes U.S.-based solar panel manufacturers, lithium miners, and hydrogen fuel cell producers - has gained about 2% year-to-date in 2023, compared to the S&P 500 which remai...
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My Top Retirement-Investing Strategy For 11% Dividends Do you know how much money you need to retire?
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Mutual fund calculator: How to make ₹10 Cr in 20 years via SIP? Mutual funds are the most popular long-term investment vehicle since they provide not only liquidity but also dividends, diversification, expert administration, flexibility to invest in tiny portions, lower cost, lower t...
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Uber Might Need to Stow Its Freight Train

Wall Street Journal - 7 Mar 2023 14:02
As most tech companies ramp down other risks, Uber has been quietly ramping up freight.
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Snowflake's Growth Is Slowing. Is The Stock Still Attractive? While Q4 revenue stood at $589 million, marking a 53% year-over-year growth, adjusted operating margins rose to 6%, up from 5% in the year-ago period.
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FTSE 250 Round-Up: Wood Group, Premier Foods, Spirent Communications These FTSE 250 shares have each moved by double-digit percentages in Tuesday's session.
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The moment you invest, you want returns. It doesn?t work like that: KIAL chief executive Lakshmi Iyer Growing up, the most important lesson that I learnt from my mother was to avoid aamdani atthanni, kharcha rupaiya (spending more than you earn), says Lakshmi Iyer, CEO, Kotak Investment Advisors
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China's Top Travel Agent, Trip.com, Is Ready for Liftoff

Wall Street Journal - 7 Mar 2023 13:03
China's outbound passenger volumes will still take a while to recover--but on nearly every other metric, the company's recovery is well under way.
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Is General Electric Stock A Better Pick Over Its Sector Peer? There is more to the comparison, and in the sections below, we discuss why we believe GE stock will offer better returns than LMT stock in the next three years.
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New Threat to Town, School District Budgets: Rising Rates

Wall Street Journal - 7 Mar 2023 12:34
Towns and schools that once used short-term borrowing to stabilize cash flows have pulled back on loans.
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Sustainable Funds Dodged Outflows in 2022 Market Rout

Wall Street Journal - 7 Mar 2023 12:33
Bond funds that invest based on factors such as companies' carbon footprints and workforce diversity led the gains.
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