Renewed U.S.-China trade uncertainty hits Europe, U.S. futures Nikkei hits 2-month high as BoJ's Kuroda signals easing; S&P/ASX climbs on safety-driven big banks' rally Dollar and gold rise together on broad risk-off shift Key Events gave up an initial charge to highs not seen since October this morning, ending a two-day...
The second largest cryptocurrency by market cap Ethereum () is expected to hard fork at the end of February. That's the term used when a single, blockchain-based cryptocurrency splits its protocol into dual versions. Generally this creates two separate alt-currencies going forward, both of which are automatically acquired...
Last month, when McDonald’s (NYSE:) reported, , they showed 4.4% growth in overall same-store sales, beating the 4% average of analysts’ estimates. Achieved during a tough period for fast food outlets, the results provide reassuring evidence that the global restaurant giant is firmly in control of its turnaround...
Two proposed U.S. legislations are threatening to deprive Saudi Arabia and Russia of autonomy in their oil policy, just as the OPEC+ collaboration between the two countries brings crude back into a bull market. The No Oil Producing and Exporting Cartels Act (NOPEC), approved on Feb. 7 by a...
Once a popular trade among investors wanting to turn a quick buck, last year, with Canada's legalization of recreational marijuana in October, pot stocks gained legitimacy. So much so that it might be time to take these stocks more seriously and consider a few for a long-term, buy-and-hold...
Stocks climb to multi-month highs on consumer sentiment, trade Investors appear to disregard border wall politics amid impeachment calls and declining retail sales Oil reaches highest point in three months, on OPEC, Russia cuts U.S. stocks finished higher for yet another week, on improved sentiment, pushing aside prior concerns about...
After suffering huge losses during the final days of 2018, suddenly it seems all is good again for stock investors. The U.S. and China appear to be inching closer to a trade deal that could remove the uncertainty that's been shadowing markets for months. Indeed, on Friday, President...
The world’s most valuable metal is likely to get costlier amid a scramble by European and Chinese automakers for its supply. XPD/USD Daily Chart , which goes into making the catalytic converters required for refining diesel engine emissions, hit a record high of $1,440.35 per ounce on its on...
General Electric (NYSE:) just a year investors won’t forget. The maker of lightbulbs, power turbines and aircraft engines lost more than half of its market value in 2018 on concerns that the company wouldn’t survive. To avoid its demise, this once-venerable giant almost eliminated its legendary rock-solid dividend,...
Netflix (NASDAQ:) may have taken a hit from being left out of Apple's (NASDAQ:) new video service, falling 2.3% yesterday, but we're not convinced this can change the fundamental picture. While the new competition may impact the long-term outlook, we are bullish in the medium term. International growth...