STIFEL
Wall Street ends slightly up, trade choppy ahead of inflation data Strategic investments like Volkswagen's $5 billion in Rivian signal a shift towards sustainable energy. The market anticipates further developments in the electric vehicle sector. Investors carefully analyze such moves, impacting stock performances ...
27 Jun, 2024, 07.20 AM IST‘Mania’ could drive S&P to 6,000 before plunge, Stifel says Stifel, Nicolaus & Co. predicts a potential 10% rally for the S&P 500 Index this year, reaching 6,000 by 2024. However, Barry Bannister warns of a subsequent drop to 4,800 by mid-2026, erasing 20% of its value.
21 Jun, 2024, 07.22 AM ISTFTSE 100 jumps to 10-day high as luxury stocks gain London's blue-chip share index jumped to a 10-day high on Friday after upbeat earnings updates from European luxury firms boosted Burberry and Diageo, while a pullback in sterling supported shares of dollar earners.
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Microsoft tops Apple to become most valuable public company For more than a decade, Apple was the stock market's undisputed king. It first overtook Exxon Mobil Corp. as the world's most valuable public company in 2011 and held the title almost without interruption.
13 Jan, 2024, 09.48 AM ISTUS Fed Meet Preview: Will Jerome Powell signal rate cuts are coming? The Federal Open Market Committee is poised to keep rates in a range of 5.25% to 5.5% at its two-day policy meeting ending Wednesday, a 22-year high first reached in July. The rate decision and an accompanying statement will be released at 2 p.m. in...
13 Dec, 2023, 01.11 PM ISTFed set to pause rate hikes, but don’t count out another increase Powell has signaled that Fed leaders would prefer to wait to evaluate the impact of past increases on the economy as they near the end of their rate-hiking campaign. With inflation still well above the committee’s 2% target and the US economy resili...
20 Sep, 2023, 11.54 AM ISTUS stock market: Dow, S&P 500 end lower on healthcare losses, interest rate jitters Weighing heavily on the S&P 500, CVS Health tumbled 8% on news that Blue Shield of California plans to cut its reliance on the company as its pharmacy benefit manager (PBM) and work with others including Amazon.com.
18 Aug, 2023, 07.53 AM ISTDecision-Day Guide: Fed to pause and keep option to hike in July The Federal Reserve is expected to keep interest rates on hold during its meeting today, marking the first pause in raising rates in 15 months. While concerns on inflation remain high, Chair Jerome Powell suggested the central bank would rather take...
14 Jun, 2023, 04.40 PM ISTUS stock market: Wall Street ends sharply higher as investors eye inflation data However, volume on U.S. exchanges was relatively light, with 9.5 billion shares traded, compared to an average of 11.9 billion shares over the previous 20 sessions. So far in this year, the S&P 500 has gained about 8%, and the index remains down abo...
14 Feb, 2023, 07.36 AM ISTEmerging markets face bleak outlook after stormy start to the year "If you are a global investor and you are not forced to be in emerging markets, to be honest it is hard to convince you to invest in the asset class at this time," said Luis Oganes, JPMorgan's head of Global Macro Research.
30 Jun, 2022, 07.59 AM ISTDecision-Day Guide: Fed to tighten with big hike, asset runoff The Federal Open Market Committee is expected to raise interest rates by a half point at the conclusion of its two-day policy meeting on Wednesday, its largest hike since 2000, and also announce plans to reduce the size of its bloated $8.9 trillion ...
04 May, 2022, 08.05 PM ISTDecision-Day Guide: Fed to hike and steepen its rate policy path The Federal Open Market Committee is all but certain to raise rates by a quarter percentage point at the conclusion of its two-day policy meeting, after Chair Jerome Powell told lawmakers earlier this month that he favored such a move.
16 Mar, 2022, 08.23 PM ISTHere’s the biggest threat to stock markets shaken by Russia-Ukraine war U.S. stock futures plunged as much as 2.9% Monday, erasing gains from late last week as speculation that central banks would throttle back on tightening policy gave way to worry that the geopolitical crisis in Europe could slow global economic growt...
28 Feb, 2022, 06.21 PM ISTAsian shares mixed in narrow trading ahead of Fed meeting On Wall Street, shares came well off their lows by late afternoon. But another burst of selling in the final hour of trading pulled them lower again. Technology stocks were the biggest drag on the market.
26 Jan, 2022, 11.34 AM ISTNike shares hit record high as sales get post-lockdown boost The company's fourth-quarter revenue also nearly doubled, topping $12 billion for the first time and overshadowing a weaker-than-anticipated performance in its fast-growing China market.
25 Jun, 2021, 10.45 PM ISTNewest meme stocks extend gains with no sign of craze fading Trading in so-called meme stocks took off this week, with chatter building on WallStreetBets and other social media platforms on the potential for short squeezes as investors in the forums rallying against short sellers.
10 Jun, 2021, 07.00 AM ISTBuffett's Berkshire takes on short sellers with bet on furniture retailer The disclosure that Berkshire bought 1.2 million shares sent RH soaring to a fresh record.
25 Nov, 2019, 10.36 AM ISTFed eyes inflation as Trump pushes rate cut: Decision-day guide The concern for many committee members remains the downside risks to inflation
01 May, 2019, 06.16 PM ISTThere's a massive poaching raid going on at Lehman's old wealth management shop Now Barclays is selling the business to Stifel Financial Corp. This sale is leading to a recruitment frenzy on Wall Street, according to sources.
24 Jun, 2015, 08.03 AM ISTBlack Friday: a big draw as holiday season kicks off With consumers facing a sluggish economy and the threat of tax increases over the so- called fiscal cliff, this weekend will decide what lies in store.
24 Nov, 2012, 07.33 AM IST