Page 19 - Mark Hackett News Today

The main benchmarks closed higher ahead of this weeks key inflation update.

A new class of meme stocks has sprung up during the stock market’s surprise recent rally, raising concerns about investors’ willingness to take on bigger risks amid a still uncertain economy

The main benchmarks closed higher ahead of this week's key inflation update. Stock started the week on a positive note, with the main benchmarks closing higher Monday. Blue chip stocks outperformed thanks to strong gains for drugmaker Amgen (AMGN) and aircraft manufacturer Boeing (BA), while Warren Buffett's Berkshire Hathaway (BRK.B) put in an impressive post-earnings showing. After closing last week in the red, the S&P 500 (+0.9% at 4,518) and the Nasdaq Composite (+0.6% at 13,9...

A new class of meme stocks has sprung up.

NEW YORK (AP) — A new class of meme stocks has sprung up during the stock markets surprise recent rally, raising concerns about investors willingness to take on bigger risks

A new class of meme stocks has sprung up during the stock market's surprise recent rally, raising concerns about investors' willingness to take on bigger risks amid a still uncertain economy. Meme stocks are typically weak companies on the verge of failing, but that still manage to garner attention from individual investors willing to take on risky bets and drive the stock price higher. Two years ago, the video game retailer GameStop and movie theater operator AMC Entertainment made ...

A new class of meme stocks has sprung up during the stock market’s surprise recent rally, raising concerns about investors’ willingness to take on bigger risks amid a still uncertain

Spot gold fell 0.4% to $1 956.41 an ounce.

The major indexes held on for a win Monday as investors look ahead to Apple earnings and the July jobs report. Stocks started the day in positive territory but lost steam as the session wore on. Following a Friday that saw markets react to an encouraging inflation update and impressive Intel (INTC) earnings, today's session was relatively quiet. However, it's unlikely to stay that way with key economic data and several high-profile earnings reports due out later this week. Checking out...

(Bloomberg) -- Shares in Asia opened higher Tuesday following bullish trade on Wall Street as investors parsed further signs of stability in the global economy.Most Read from BloombergAsia’s Richest Families Fuel Race for Lucrative Finance JobsUS, Europe Are Growing Alarmed by China’s Rush Into Legacy ChipsLots of US Homeowners Want to Move. They Just Have Nowhere to GoA 5% US Mortgage Rate Is Seen as Tipping Point to Unlock SupplyWhy China’s Miracle Growth Story May Be Comi...