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World stock recovery loses steam as European auto sector takes beating

A recovery by global stocks proved short-lived as warnings over a slowing European auto sector soured an upbeat mood, while Wall Street was set for a slightly lower open after enjoying its best session in eight months the previous day......»»

Category: topSource: reutersOct 17th, 2018

Europe Markets: European recovery plays surge while Nasdaq-100 futures slump after U.S. Senate passes $1.9 trillion stimulus plan

European stocks rose on Monday while U.S. tech stock futures slumped, with bond yields near one-year highs as the world's largest economy was on the verge of adding $1.9 trillion in stimulus......»»

Category: topSource: marketwatchMar 8th, 2021

Market Extra: Mark Mobius says stock-market investors should be prepared for a ‘W’-shaped recovery before the bull market takes hold

Mark Mobius, the emerging-markets investing pioneer, is confident the world economy will bounce back from the COVID-19 pandemic and offer investors a round of bargains—but sees the potential for another round of pain......»»

Category: topSource: marketwatchApr 20th, 2020

Europe Markets: Peugeot and Fiat Chrysler soar in otherwise lackluster European markets

European stock markets traded slightly lower as investors awaited a decision from the Federal Reserve on interest rates, but several sectors were on the move, owing to M&A reports in the auto sector and earnings for banks.....»»

Category: topSource: marketwatchOct 30th, 2019

Europe Markets: European chip stocks dragged lower after Texas Instruments’ weak outlook

European stock markets struggled on Wednesday, with the tech sector weighing on them after a downbeat outlook from Texas Instruments hit the chip industry’s recovery hopes......»»

Category: topSource: marketwatchOct 23rd, 2019

S&P, Nasdaq fall as tech rally loses steam; Dow rises

NEW YORK (Reuters) - The S&P and Nasdaq fell on Thursday as the technology sector snapped a rally while investors turned to safer bets as they kept an eye on global trade tensions and waited for U.S. and European central bank meetings......»»

Category: topSource: reutersJun 7th, 2018

US Futures Slide To Session Lows As Global Stock Rebound Fizzle Loses Steam

S&P 500 futures fell to session lows, down 0.3% following yesterday's torrid rally, while Nasdaq 100 futures also turned red despite Netflix' 12% surge. The global rally fizzled as European shares pared earlier gains and turned flat in mornin.....»»

Category: blogSource: zerohedgeOct 17th, 2018

World stocks slide on earnings misgivings; oil off after big U.S. inventory build

A gauge of stocks across the world edged lower on Wednesday following its largest daily run-up in over two years, as the outlook on earnings soured after a warning on the European auto sector and a revenue miss from IBM......»»

Category: topSource: reutersOct 17th, 2018

World stocks wobble as Wall St. cuts losses; oil off after U.S. data

A gauge of stocks across the world pared losses on Wednesday as a rally in bank shares helped buoy Wall Street, but the outlook on earnings soured after a warning on the European auto sector and a revenue miss from IBM......»»

Category: topSource: reutersOct 17th, 2018

Mercedes Massacre: Daimler Plummets After Slashing Outlook; European Auto Sector Crashes

Three weeks ago, BMW stock tumbled after the German auto .....»»

Category: blogSource: zerohedgeOct 19th, 2018

David Herro: European Financials Are the Most Attractive Sector in the World

Herro appeared on Bloomberg TV and made several remarkable statementsCheck out David Herro Stock Picks » Download GuruFolio Report of David Herro (Updated on 11/14/2018)Related Stocks: CVE, LLOY, RBS, ISP,.....»»

Category: worldSource: nytNov 15th, 2018

Market share, stock price for the former Weight Watchers take a beating from wellness startup Noom

As convenience and technology gain steam in the health and wellness space, the sector is becoming more competitive, and companies like WW, formerly Weight Watchers, are losing share......»»

Category: topSource: marketwatchJan 11th, 2019

Bank of America"s Q1 Consumer Banking Income Takes A Hit, Adds 1M Credit Card Accounts

Bank of America (BAC) reported Q1 net income of $7.2B, beating expectations with EPS of $0.83. Revenue declined, but stock has gained 18% in 12 months. read more.....»»

Category: blogSource: benzingaApr 16th, 2024

Global stocks stabilize ahead of European Central Bank meeting despite steep rise in COVID-19 cases in Asia

Oil prices sank as COVID-19 cases continued to rise and cause worry about economic recovery. US indices recovered from the shaky start to the week. Visitors look at an electronic board at the Sao Paulo Stock Exchange (B3).....»»

Category: topSource: businessinsiderApr 22nd, 2021

Apple upgraded to a "buy" rating with 18% upside as UBS says "no super cycle, no problem"

Apple's iPhone sales won't see a "supercycle," but it doesn't mean the stock isn't worth owning as the tech giant gets into the auto sector, UBS s.....»»

Category: smallbizSource: nytMar 31st, 2021

Big bank stocks could rise by another 21% in a "renaissance" for the sector supported by economic recovery, says Bank of America

Shares of big US banks could rise by another 21% on the back of a US economy that's "fast gaining steam," says Bank of America. boonchai wedmakawand/Getty Images Bank of America has increased its pr.....»»

Category: smallbizSource: nytMar 23rd, 2021

Market Extra: Dow ends above 32,000 milestone for first time. Here’s how it got there

The Dow Jones Industrial Average on Wednesday closes above the psychologically significant 32,000 level, registering a milestone during a turbulent period for the stock market as the economic recovery from the pandemic takes shape......»»

Category: topSource: marketwatchMar 10th, 2021

Elon Musk lost $27 billion in a rough week for the electric vehicle sector

Tesla's stock price - and many of its competitors - struggled last week following impressive gains at the beginning of 2020. Elon Musk. Britta Pedersen-Pool/Getty Images Elon Musk is no longer the world's ri.....»»

Category: smallbizSource: nytMar 7th, 2021

Cannabis Watch: Tilray stock loses steam as analysts say company not compelling as stand-alone business, look to Aphria deal

Tilray Inc. shares fell on Thursday, as analysts weighed in on the company's latest quarterly earnings with most looking ahead to the company's pending merger with Aphria Inc., saying Tilray looks less compelling on its own......»»

Category: topSource: marketwatchFeb 20th, 2021

The Ratings Game: Driven Brands stock gets bullish endorsement from Wall Street

Shares of Driven Brands Holdings Inc. rallied toward a fifth-straight gain Tuesday, after the newly public auto services company got a mostly bullish endorsement from Wall Street analysts, as a way to play the recovery in the auto industry......»»

Category: topSource: marketwatchFeb 9th, 2021

Europe Markets: European stocks and U.S. bond yields climb on expectations stimulus will heat economy

European stocks, U.S. stock futures and U.S. bond yields rose on Monday on expectations additional stimulus will heat up the U.S. economy, which is the world's largest......»»

Category: topSource: marketwatchFeb 8th, 2021