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Market News

Location American Market News for 16 November 2023

Mint 20 mutual fund schemes to invest in

livemint.com - 16 Nov 2023 06:44
Mint 20 mutual fund schemes to invest in We have hand-picked 20 mutual funds for your portfolio
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Small-ticket loans: How to start your credit journey amid the festive season? The changing outlook on credit has far-reaching implications beyond transactions, shaping future financial opportunities like loans, homeownership, and job prospects significantly.
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Smaller, speculative companies, which tend to issue more floating-rate debt, have been stung by higher interest rates.
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Walmart Earnings, Low Fuel Prices Drag on Stocks

Wall Street Journal - 16 Nov 2023 23:49
Investors feel hopeful about inflation, interest rates.
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Apparel retailer Gap is improving more than expected, but the parent company of Old Navy and Banana Republic still has work to do to turn things around.
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This Is Why Consumers Don't Think The Economy Works For Them Despite impressive macroeconomic achievement, wages for the average U.S. worker has fallen well behind inflation, and pandemic help has almost ran out.
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Cashback, discounts and rewards: The benefits of co-branded credit cards Exercise fiscal prudence by making timely payments and keeping credit utilization low.
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Are some premises exempted from the Rent Control Act? We presume that you also own the land on which the new building has been constructed.
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Why muhurat trading doesn't get you a Diwali bonus always Returns from muhurat trades may not consistently outshine average market performance.
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The move came after reports on allegations that Chairman Martin Gruenberg had turned a blind eye to misconduct at the regulator.
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How To Allocate And Rebalance A Retirement Portfolio Asset allocation and rebalancing are important concepts for your retirement portfolio. Here are some best practices.
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Worthington Industries To Spin-Off Worthington Steel On December 1 As per the company press release, each WOR shareholder will receive one ordinary share of Worthington Steel (Spin-Off) for every one ordinary share of WOR.
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Alibaba's Spinoff Plans Fall to Earth

Wall Street Journal - 16 Nov 2023 15:39
New York shares of the Chinese e-commerce giant were down premarket after it said it would abandon its cloud segment spinoff plan.
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Up 3x This Year, Will The AI Surge Drive Nvidia Stock Higher Following Q3 Earnings? We expect the company to have another upbeat quarter, as technology companies and developers have been scrambling to deploy generative AI into their applications, driv...
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Shares of Chinese e-commerce giant Alibaba slid after it announced that it would not proceed with the full spin-off of its cloud group.
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Is the Stage Set for a Year-End Rally?

Wall Street Journal - 16 Nov 2023 14:22
With the good news about inflation and earnings already priced into the market, and bond yields offering stiff competition, there is less room for the usual seasonal rally.
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Macy's earnings easily topped Wall Street's expectations.
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Up 28% Since The Beginning Of 2023, What's Next For NetApp Stock? NetApp a company that provides on-premises data storage systems and public cloud services, is poised to report its Q2 FY'24 results toward the end of November.
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What are the pros and cons of linking your credit card with UPI? The seamless and rapid payment capability stands out as a distinctive advantage when connecting a credit card to UPI. This allows for instant and secure transactions, eliminating the need to carry cash or monitor one's d...
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Guinness Maker's Morning After Offers Little Reassurance

Wall Street Journal - 16 Nov 2023 13:00
Alcohol giant Diageo struggles to repair damage with investors days after it issued a profit warning that tanked its shares.
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Don't Believe The Hype -- A New Economic Storm Is Brewing And Might Soon Pummel The U.S. The Consumer Price Index for October was flat, and the Producer Price Index was down. But don't break out the champagne yet.
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NFO Alert: Edelweiss Mutual Fund launches Edelweiss Silver ETF; all you need to know Edelweiss Mutual Fund announced the launch of the Edelweiss Silver ETF. The scheme opened for public subscription on November 16, 2023, and will close on November 20, 2023.
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