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BIZARRE: 3 | Mind Blowing Facts

Dollar Falls on Strength in the British Pound

The dollar index (DXY00 ) today is down by -0.08% at a 1-1/2 week low. Strength in the British pound is undercutting the dollar as (^GBPUSD ) today rallied to a 2-1/4 month high. The dollar recovered from its worst levels after the Conference Board US May consumer confidence index...

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Stocks Give Up Early Gains as Nvidia Weighs on Chip Stocks

The S&P 500 Index ($SPX ) (SPY ) Tuesday closed down -0.28%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed down -0.08%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed down -0.36%. Stock indexes Tuesday gave up an early advance and posted moderate losses. Nvidia fell...

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Stocks Push Higher on Economic Optimism

The S&P 500 Index ($SPX ) (SPY ) today is up +0.28%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up +0.25%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.36%. Stock indexes today are slightly higher, buoyed by some positive corporate news. Seagate Technology...

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Stocks Settle Mixed on Strong Earnings and Hawkish Fed Comments

The S&P 500 Index ($SPX ) (SPY ) Tuesday closed up +0.17%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed down -0.25%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed up +0.21%. Stock indexes on Tuesday settled mixed. Better-than-expected earnings results from Norwegian Cruise Line Holdings,...

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Dollar Slightly Higher on Hawkish Fed Comments

The dollar index (DXY00 ) on Tuesday rose slightly by +0.01%. Hawkish Fed comments from Fed Governor Bowman and Kansas City Fed President Schmid pushed T-note yields higher and supported the dollar. However, gains in the dollar were muted after the Conference Board’s U.S. Feb consumer confidence index unexpectedly declined....

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Stocks Little Changed after Mixed Economic News and Strong Corporate Earnings

The S&P 500 Index ($SPX ) (SPY ) this morning is up +0.02%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed down -0.33%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.17%. Stock indexes this morning are mixed. Strong earnings results from Norwegian Cruise Line...

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Dollar Sees Support from Higher T-note Yields

The dollar index (DXY00 ) this morning is slightly higher on strength in T-note yields. Gains in the dollar were limited after the Conference Board’s U.S. Feb consumer confidence index unexpectedly declined. Today’s U.S. economic news was mixed for the dollar. On the positive side, the Jan capital goods new...

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HR leaders are still committed to DEI in 2024 despite the ‘anti-woke’ backlash

No HR leaders plan to scale back DEI initiatives in 2024, according to a recent Conference Board survey.

Fortune

Stocks Relinquish Early Gains on Technical Selling

What you need to know… The S&P 500 Index ($SPX ) (SPY ) Wednesday closed down -1.47%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed down -1.27%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed down -1.53%. On Wednesday, stocks gave up early gains and closed...

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Stocks Fall in Afternoon Trading

What you need to know… The S&P 500 Index ($SPX ) (SPY ) today is down -1.02%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is down -0.83%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -1.13%. Stocks are lower on economic concerns due to weak...

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Stocks Recover Early Losses as Soft-Landing Prospects Improve

What you need to know… The S&P 500 Index ($SPX ) (SPY ) today is up +0.10%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up +0.02%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.17%. Stocks recovered early losses this morning and are modestly...

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ESG proposals surged this proxy season—but shareholders support for them plummeted

Average support for ESG proposals dropped to 23% this year, compared to 31% last year, according to a new report from the Conference Board.

Fortune

3 Stocks With MAJOR Growth Potential

Considering the recent robust economic indicators and growing optimism, I think fundamentally strong growth stocks América Móvil (AMX), Astellas Pharma (ALPMY), and Bruker (BRKR) could be ideal investments. Continue reading.

StockNews.com

Stocks Close Higher on Big Tech Earnings Optimism

What you need to know… The S&P 500 Index ($SPX ) (SPY ) Tuesday closed up +0.28%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed up +0.08%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed up +0.73%. Stocks on Tuesday moved higher, with the S&P 500...

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Dollar Little Changed Ahead of an Expected Fed Rate Hike Wednesday

The dollar index (DXY00 ) Tuesday rose by +0.01% and posted a 2-week high. Higher T-note yields Tuesday were supportive for the dollar. Also, expectations for the Fed to raise the fed funds target range by 25 bp following the conclusion of the Tue/Wed FOMC meeting is bullish for the...

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Stock Gains Muted Ahead of Mega-Cap Tech Earnings and FOMC Results

What you need to know… The S&P 500 Index ($SPX ) (SPY ) today is up +0.14%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up +0.06%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.40%. Stocks this morning are moderately higher. Trading activity is...

Zenger

US Economy Not Headed For Recession Despite 14-month Decline Streak, Says Yardeni Research

Coincident Economic Indicators rise to record high, job openings remain strong, says report.

Tribune News Service

US consumer confidence drops on more pessimistic outlook

U.S. consumer confidence unexpectedly declined in February, as rising prices and deepening concerns about the outlook outweighed the near-term strength of the labor market.

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The Independent UK

Consumer confidence slips again in February

Consumers were less confident for the second straight month as stubborn inflation and anxiety over a possible recession weighed on Americans

Fortune

Back to broke: Americans are racking up debt and burning through their savings—economists warn it could spark a recession

Nearly 65% of Americans are living paycheck to paycheck as they spend down savings and lean on credit cards to make ends meet.

WEKU

Is the economy headed for recession or a soft landing?

Are we in a recession? It seems like a straightforward question, but the data tells conflicting stories.

Reason

Businesses See Political Advocacy As a No-Win Situation

Companies who embrace political agendas to please some of their employees or customers risk alienating others.

Tribune News Service

US jobless claims pick up for the first time in six weeks

Applications for U.S. unemployment benefits rose for the first time in six weeks but remained historically low, underscoring the resilience of the job market despite mounting economic uncertainty.

Fortune

The CEO contradiction: Corporate leaders are afraid of a recession but nearly 70% plan to hire more people this year

While most CEOs are preparing for a recession, they’re also hoarding talent. “Employees may be able to breathe a sigh of relief,” says Dana Peterson, the Conference Board’s chief economist.

Fortune

Shareholder activism's rise comes with more failures

Experts say it's not a sign of an ESG backlash.

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