equity markets
Cigna, CVS Health Soar as Dow Jones Industrial Average Rises
Illustration by Michael George Haddad Text size Stocks are poised to push higher as investors respond to Congressional testimony by Federal Reserve Chairman Jerome Powell that raised expectations for an interest-rate cut at the end of the month. Powell will conclude two days of testimony on Thursday. He is scheduled to appear before the Senate …
Stock-market investors haven’t been this bearish since the 2008 financial crisis, says Bank of America
The S&P 500 index stands less than 1% shy of a record but investors aren’t loving the climb, based on a recent fund manager survey from Bank of America Merrill Lynch. The survey of 179 global managers overseeing some half trillion dollars in assets told BAML that pessimism has been driven by concerns over U.S.-led …
A global ‘shock to markets’ could trigger next financial crisis, warns Roubini
The Federal Reserve is widely expected to strike a dovish chord when it meets this week, clearing the way for a July rate cut — the first in more than a decade — that almost 40% of economists in a Wall Street Journal poll are expecting. While a hawkish Fed no longer looms large over …
These 2 chip stocks are breaking out on technical charts
Here are four stocks, two of them chip makers, that are moving on news and technical momentum. Advanced Micro Devices AMD, +2.09% jumped $1.11 to $33.15 on 61.2 million shares Tuesday. An …