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Warren Buffett sends a blunt message to stock market investors
TheStreet7d agoneutral
Warren Buffett sends a blunt message to stock market investors

Berkshire Hathaway is sitting on $397.4 billion in cash. That number is larger than the market value of ExxonMobil. It exceeds the GDP of South Africa. It is the largest liquid reserve in the company's history. Berkshire has been a net seller of stocks for more than three years and has not found a ...

Stock market hits records as Fed removes key safety net
TheStreet8d agoneutral
Stock market hits records as Fed removes key safety net

Wall Street just got the milestone investors have been waiting for. The S&P 500hit new highs this week, and the Dow Jones Industrial Average closed above 54,000 for the first time. The Nasdaq also jumped as technology and artificial-intelligence stocks bounced back from their summer slump. If ...

Stock Market Wraps Best Week Since April. Now the Focus Is on Inflation.
Barrons.com8d agoneutral
Stock Market Wraps Best Week Since April. Now the Focus Is on Inflation.

The stock market cruised higher on Friday to wrap up its best week since April in the wake of the July jobs report. The yield on the 2-year Treasury note fell 4.2%, marking its biggest one-week decline since June. Bond prices move inversely to yields, so the stock market was following the bond market’s rally after the Labor Department said the U.S. economy subtracted 23,000 nonfarm jobs.

US Jobs Report in Focus as Middle East Tensions and Corporate News Shape Markets: Dow Jones, S&P, Nasdaq, Wall Street Futures
InvestorsHub8d agoneutral
US Jobs Report in Focus as Middle East Tensions and Corporate News Shape Markets: Dow Jones, S&P, Nasdaq, Wall Street Futures

US stock futures traded close to unchanged on Friday as investors awaited the latest employment data, a key release that could influence the Federal Reserve’s next interest rate decision. Markets were also monitoring renewed geopolitical tensions in the Middle East following a fresh Houthi attack on Saudi Arabia, while reports suggested Iran and Oman are nearing an agreement over shipping through the Strait of Hormuz.

Dow Futures Fall, Nasdaq Rebounds as Jobs Report Looms
Barrons.com8d agoneutral
Dow Futures Fall, Nasdaq Rebounds as Jobs Report Looms

Investors were in wait-and-see mode early Friday ahead of a July jobs report that will help determine whether the Federal Reserve’s next move is to hike, hold, or even cut interest rates. Nasdaq 100 futures rose 0.4%. Dow Jones Industrial Average futures slid 60 points, or 0.1%.

U.S. Stocks Down on Hormuz Deal Doubts
The Wall Street Journal9d agoneutral
U.S. Stocks Down on Hormuz Deal Doubts

U.S. stocks fell in a jittery session amid doubts about the reopening of the Strait of Hormuz. The broad S&P 500 lost 13.59 points, or 0.18%, to 7709.96 and the tech-heavy Nasdaq Composite declined 15.09 points, or 0.06%, to 26348.35. U.S.-traded oil futures gained $2.07, or 2.8%, to $77.29 a barrel as trepidation about the Strait of Hormuz grew.