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Market News

Location American Market News for 16 June 2023

Nasdaq CEO Adena Friedman Pursues a Black Belt in Dealmaking

Wall Street Journal - 16 Jun 2023 05:00
She agreed to the largest deal in the company's history; 'I tend to take a competitive approach to life'
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Wall Street's China Dream Gets Frustrated---Again

Wall Street Journal - 16 Jun 2023 12:30
China, long the promised land for Wall Street, is showing rather less promise than expected recently.
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Here are some of the major companies whose stocks moved on the week's news.
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Kazakhstan Revamps Its Economic Forum Amongst New East-West Divide Kazakhstan tries to position itself, and region, as the neutral zone for peace, and new global industries like rare earth mining.
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Analyzing Matson's Dividend Growth Potential Matson (MATX) is the featured stock from this month's Dividend Growth Stocks Model Portfolio.
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Which Is A Better Consumer Defensive Pick - Kimberly-Clark Or CL Stock? We believe that Kimberly-Clark stock (NYSE: KMB) and its industry peer Colgate-Palmolive stock (NYSE: CL) may offer little returns in the next three years.
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Stocks Looking To Keep The Party Going

Forbes - 16 Jun 2023 14:43
Stocks Looking To Keep The Party Going Tech stocks are leading the market higher; however, other sectors may beginning to play catch-up. Shares of Cava surged following their IPO.
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Cross-Sector Comparison: Is Caterpillar Stock A Better Pick Over J&J? Although these companies are from different sectors, we compare them because they have a similar P/EBIT ratio of 15x-17x.
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Will UnitedHealth Stock Rebound To Its 2022 Highs? UnitedHealth stock (NYSE: UNH) currently trades at $460 per share, roughly 25% above its level in March 2021, and it still has the potential for sizable..
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Price Relief Coming at the Drive-Through

Wall Street Journal - 16 Jun 2023 12:30
Fast-food restaurants are about to get a break, except for one big category.
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Forget What You Think You Know About Exchange Stocks

Wall Street Journal - 16 Jun 2023 12:00
Companies such as Nasdaq do a lot more than trading these days, and investors should consider them for a range of potential growth opportunities.
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What's Driving First Solar's Outperformance? First Solar stock price jumped almost 3.5x from $56 at the end of 2019 to $193 currently, primarily due to favorable changes in its P/S multiple. However..
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Millions of Americans are due to resume student-loan payments in the coming months. The collective monthly impact on their wallets could be as big as $10 billion.
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The Global Economy Looks Like It's Out of Sync

Wall Street Journal - 16 Jun 2023 06:01
As the Federal Reserve and other central banks go in different directions, most capital markets remain linked to a common global force: the dollar.
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Gas Prices Ease for Summer Driving Season

Wall Street Journal - 16 Jun 2023 06:01
Americans are finding relief at the pump ahead of the busy driving season after prices hit records last year.
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Drilling Stocks Plunge on Bets for Oil Price Slump

Wall Street Journal - 16 Jun 2023 06:01
Shares of onshore drillers have fallen steeply after a wave of recent rig idlings, which investors fear could signal a coming drop in oil demand amid a slowing economy.
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Why a Bull Market Is a Bad Time to Check Your 401(k)

Wall Street Journal - 16 Jun 2023 03:00
Your balance is likely up, but there are reasons to resist the urge to peek at your retirement savings.
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