stocks

Why many Americans aren’t benefiting from robust US economy

WASHINGTON/June 16, 2018 (AP)(STLRealEstate.News) — “The economy,” Federal Reserve Chairman Jerome Powell declared this week, “is doing very well.” And it is. Steady hiring has shrunk unemployment to 3.8 percent — the lowest since the 1960’s. Consumers are spending. Taxes are down. Inflation is tame. Factories are busy. Demand for homes is strong. Household wealth … Continue reading Why many Americans aren’t benefiting from robust US economy

Stocks turn higher amid strong US data, trade concerns

Stock markets turned higher on Friday after some losses in Asia as investors digested strong jobs data in the U.S., the risk of mounting trade tensions and an easing in Italy’s political uncertainty. KEEPING SCORE: Germany’s DAX gained 1.3 percent to 12,761 and the CAC 40 in France jumped 1.5 percent to 5,476. Britain’s FTSE … Continue reading Stocks turn higher amid strong US data, trade concerns

OMAHA, Neb. | Buffett says stocks remain best investment option for most

OMAHA, Neb.  — Billionaire Warren Buffett recommends that investors stick with simple stock index funds — not bonds and especially not bitcoins. Buffett discussed a variety of topics during an interview on CNBC Monday after he spent Saturday answering questions before thousands of Berkshire Hathaway shareholders. The chairman and CEO of Berkshire Hathaway said he … Continue reading OMAHA, Neb. | Buffett says stocks remain best investment option for most

With Market Uncertainty, Real Estate is the Best Investment

NEWPORT BEACH, Calif./ March 6, 2018 (STLRealEstate.News) — Millennial author of Dating Your Investments, Spencer Chambers, explains why real estate is a more secure investment than stocks, bitcoin, or other financial trends. Whenever the market takes a turn for the worse, investors begin to realize their investment portfolios are not nearly as robust as they … Continue reading With Market Uncertainty, Real Estate is the Best Investment

US stocks broadly lower in morning trading; oil prices slide

January 29, 2018(AP)(STL.News)-U.S. stocks were broadly lower in morning trading Monday, pulling back from the market’s recent record highs. Technology stocks accounted for much of the slide. Industrials companies also posted big losses. Energy stocks declined as crude oil prices headed lower. Investors were weighing the latest corporate deal news, including Keurig’s acquisition of Dr. … Continue reading US stocks broadly lower in morning trading; oil prices slide

Stocks edge higher in early trading, led by energy companies

NEW YORK/January 22, 2018(AP)(STL.News)— U.S. stock indexes are edging higher Monday, led by energy companies. High-dividend stocks are also higher as bond yields decline, but industrial companies are falling. Yields had climbed to their highest level in more than three years last week. French pharmaceutical company Sanofi and biotech drugmaker Celgene both announced large acquisitions. … Continue reading Stocks edge higher in early trading, led by energy companies

Stocks erase morning losses, continuing strong start to year

NEW YORK /January 8, 2018 (AP)(STL.News) —  U.S. stock indexes shook off a short-lived bout of weakness and held at record levels in Monday afternoon trading. The Standard & Poor’s 500 index dipped at the start of trading and appeared to be on pace for its first down day of the year. But strengthening gains … Continue reading Stocks erase morning losses, continuing strong start to year

Huntington Ingalls Industries Set to Join S&P 500; Scientific Games to Join S&P MidCap 400 and Ultra Clean Holdings to Join S&P SmallCap 600

NEW YORK/December 29, 2017 (STL.News) – S&P MidCap 400 constituent Huntington Ingalls Industries Inc. (NYSE: HII) will replace C. R. Bard Inc. (NYSE: BCR) in the S&P 500, S&P SmallCap 600 constituent Scientific Games Corp. (NASD: SGMS) will replace Huntington Ingalls Industries in the S&P MidCap 400, and Ultra Clean Holdings Inc. (NASD: UCTT) will … Continue reading Huntington Ingalls Industries Set to Join S&P 500; Scientific Games to Join S&P MidCap 400 and Ultra Clean Holdings to Join S&P SmallCap 600