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Market News

Location American Market News for 8 September 2023
Huawei's New Phone May Force Changes To US Export Control Policy Huawei's phone has attracted significant attention given the focus from the White House on limiting China's ability to develop a native advanced semiconductor industry.
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Here are some of the major companies whose stocks moved on the week's news.
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Tech Drags Down Stock Market for Week

Wall Street Journal - 8 Sep 2023 22:35
Traders pulled away from Apple and Nvidia, the same companies that have driven much of the S&P's gains this year.
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Kroger's Case for Bagging Albertsons Grows Stronger

Wall Street Journal - 8 Sep 2023 19:23
After Kroger took steps to overcome opposition to the deal, its results showed why it is needed.
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JP Morgan Chase Does Well By Doing Good

Forbes - 8 Sep 2023 18:56
JP Morgan Chase Does Well By Doing Good JP Morgan Chase has created a blueprint for stakeholder capitalism in this country. Business leaders should take note of Jamie Dimon's success.
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Conagra Brands' Cash Flow Increases The Safety Of Its Dividend Yield Conagra Brands Inc. (CAG) is the featured stock in August's Safest Dividend Yields Model Portfolio.
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S&P 500 & Sectors: GAAP Earnings' Misleading Trend Continues In 2Q23 This report analyzes the Core Earnings and GAAP earnings of the S&P 500 and each of its sectors.
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What To Expect From American Express Stock? American Express' stock (NYSE: AXP) has gained 7% YTD as compared to the 16% rise in the S&P500 over the same period.
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Tech Sector Woes Continue

Forbes - 8 Sep 2023 14:50
Tech Sector Woes Continue Following an order from Chinese officials forbidding state workers from using iPhones and other foreign made phones, shares of Apple have come under pressure.
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Why Is The Nasdaq Down This Week? Apple, China And Jobless Claims Worries Fuel Stock Market Slide With the stock market, you win and lose some, but investors are concerned this is the beginning of a longer trend after August's dismal performance.
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Why Residential Solar Players Like SunPower Stock Are Having A Tough Year While solar stocks fared well through the coronavirus pandemic driven by government stimulus and easy monetary policy, surging interest rates appear to have put the br...
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With 2x Potential Returns Is DexCom A Better Pick Over Intuitive Surgical? We believe DexCom stock (NASDAQ: DXCM) is a better healthcare pick than Intuitive Surgical stock (NASDAQ: ISRG).
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When it comes to state taxes, not all government debt is created equal--be sure to read the fine print.
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Retailers have fewer workers than they used to, and are resorting to keeping more of their products locked up. That makes things harder for the people who still go to the store.
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Companies Pay More to Borrow in Record Bond Rush

Wall Street Journal - 8 Sep 2023 11:30
Borrowing money is more expensive than it has been in a decade, and companies are paying the price.
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Economic Data Lead Markets and Governments Astray

Wall Street Journal - 8 Sep 2023 06:01
Revisions to data are occasionally so big that they upend our shared understanding of what's going on.
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Apple Becomes the Biggest U.S.-China Pawn Yet

Wall Street Journal - 8 Sep 2023 05:00
Few companies are safe if the iPhone maker isn't immune to China retaliation.
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Beware of the Credit-Line Increases Banks Are Doling Out

Wall Street Journal - 8 Sep 2023 03:00
Americans got bigger limits. Then they racked up a $1 trillion balance.
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