US stocks end higher as Dow, S&P 500, Nasdaq score biggest weekly gains since November 2020

US stocks closed higher Friday, with all three major indexes notching their best weekly performance since November 2020, as investors took the Federal Reserve’s interest rate hike and uncertainty over the Russia-Ukraine war in stride. Volatility in markets has become the norm this month as investors struggle to forecast economic growth and corporate profitability amid … Read more

Premarket stocks trading: Wall Street is starting to tune out Ukraine

The S&P 500 was up 1.2% Friday. The Dow, which rose nearly 275 points, or 0.8%, also had its best week since November 2020, gaining 5.5%. The Nasdaq, which climbed 2.1% Friday, soared 8% this week. That’s its biggest weekly gain since November 2020 as well. The International Energy Agency also warns this week of … Read more

US stocks end higher as Dow, S&P 500, Nasdaq score biggest weekly gains since November 2020

US stocks closed higher Friday, with all three major indexes notching their best weekly performance since November 2020, as investors took the Federal Reserve’s interest rate hike and uncertainty over the Russia-Ukraine war in stride. Volatility in markets has become the norm this month as investors struggle to forecast economic growth and corporate profitability amid … Read more

Premarket stocks trading: Wall Street is starting to tune out Ukraine

The S&P 500 was up 1.2% Friday. The Dow, which rose nearly 275 points, or 0.8%, also had its best week since November 2020, gaining 5.5%. The Nasdaq, which climbed 2.1% Friday, soared 8% this week. That’s its biggest weekly gain since November 2020 as well. The International Energy Agency also warns this week of … Read more

Buffett Makes Big Bet On American Oil As Hedge Funds Liquidate Positions

As we first noted on Monday in “Hedge Funds Liquidate Oil Positions At A Near-Record Pace Amid Extreme Volatility”, and as Bloomberg writes today, “fund managers have shown signs of being cautious when it comes to energy stocks, the only major industry group in the S&P 500 with a positive return so far this year” … Read more

Alibaba and JD.com Stocks Fall After Biggest Gains Ever. What Comes Next?

Text size Alibaba stock notched its best-ever one-day gains on Wednesday. Qilai Shen/Bloomberg Investors in Chinese stocks, long-accustomed to pain, have just seen an astonishing turnaround. What comes next? Shares in Chinese tech giants Alibaba (ticker: BABA) and JD.com (JD) both notched eye-watering gains on Wednesday, climbing 37% and 39%, respectively. It was, by far, … Read more

Buffett Makes Big Bet On American Oil As Hedge Funds Liquidate Positions

As we first noted on Monday in “Hedge Funds Liquidate Oil Positions At A Near-Record Pace Amid Extreme Volatility”, and as Bloomberg writes today, “fund managers have shown signs of being cautious when it comes to energy stocks, the only major industry group in the S&P 500 with a positive return so far this year” … Read more