Markets

France held the first of two rounds of parliamentary elections on Sunday, and its “far right” party won big. I put that in quotes because right-wing parties in Europe can differ from the American far right — the immigrant-scapegoating ethnonationalism is just as ugly, but the economic policies are less hypocritical. I’ll get to that…

Dow Jones futures were little changed Sunday night, along with S&P 500 futures and Nasdaq futures. President Joe Biden mulled his re-election campaign while French parliamentary elections took a hard right. ↑ X NOW PLAYING Nasdaq Reverses After Hitting 18,000; Uber, JPMorgan, Hilton In Focus The stock market rally gave some…

Sun 30 Jun 2024 ▪ 3 min of reading ▪ by Luc Jose A. A wind of change is blowing over the bitcoin market. Miners seem to be adopting a new approach in response to recent challenges. Recent data shows a decrease in BTC sales by these actors. A new strategy that could herald a phase of consolidation and recovery for the leading crypto. Bitcoin…

Announcer: Next, the Market to Market report. Paul Yeager: Not only was Friday the end of the month and the quarter, two major government reports influenced much of the trade for the week. The nearby wheat contract lost $0.02 and the September corn contract fell $0.33. USDA reported more soybean acres, despite 12.8 million acres left to be…

News Analyst remains concerned about nitrogen fertilizer market An analyst is concerned about the future of the nitrogen fertilizer market. Josh Linville from StoneX tells Brownfield he’s watching four areas that will greatly influence the price and availability of nitrogen, starting with Europe. “Their natural gas price is…

Traders work on the floor of the New York Stock Exchange on June 18, 2024.Spencer Platt | Getty Images News | Getty ImagesU.S. S&P 500 futures fell slightly Wednesday night after the S&P 500 rose for a second day.S&P 500 futures and Nasdaq 100 futures dipped 0.19% and 0.32%, respectively. Dow Jones Industrial Average futures fell 73…

Poor breadth is creating buying opportunities, Charles Schwab's Liz Ann Sonders saysLiz Ann Sonders, chief investment strategist at Charles Schwab, thinks weakness in individual stocks is creating buying opportunities.The investment chief noted that resilience this year on the index level has disguised poor breadth below the surface. She noted,…

49 Mins AgoPool Corp slumps 11% after trimming guidancePool Corp shares shed 11% after the company revised its full-year earnings guidance.The wholesale pool supplies distributor said it now expects earnings per share to range between $11.04 and $11.44 for the full year, versus prior guidance of $13.19 to $14.19. That's also below a FactSet…

Examining Data Divergencesgetty Over the past month, many technical analysts have increasingly focused on the stock market divergences that in many past instances have resulted in meaningful stock market declines. For a technical analyst divergence is a key method of identifying both stock market tops and bottoms. NYSE Composite 2018Tom Aspray…

When it comes to the national housing market, it all goes back to the rule of supply and demand.When there is a huge demand and low supply, prices are going to rise. And throw in the high mortgage rates as of late, and you’ll find some areas of the country where homes are being “overvalued.”In fact, Buffalo, N.Y. ranked in the top five locations…