Cathy Wood Crystal Mercedes | CNBC After a tumultuous first half of 2021, Cathie Wood’s flagship fund — ARK Innovation — just went positive for the year as investors begin to give growth names a nod. The largest actively managed ETF rose about 1.5% on Thursday, bringing its year-to-date gain to just shy of 1%. The innovation fund has rallied …
If stocks appear richly valued after a strong first half of 2021, investors can look to some of Wall Street's favored stocks that are cheap relative to history. Source link
The Federal Reserve doesn’t need to try to cool down the hot U.S. housing market with higher rates, even as home prices keep rising, CNBC’s Jim Cramer said Wednesday. “I don’t want to repeat the mistakes that led to the financial crisis,” the “Mad Money” host said. “Unlike the lead-up to the great recession, homebuyers are actually solvent right now …
Traders on the floor of the New York Stock Exchange. Source: NYSE Stock futures opened flat in overnight trading after the market’s comeback rally hit a speedbump on Wednesday. Futures on the Dow Jones Industrial Average added 29 points, or 0.07%. S&P 500 futures ticked 0.07% higher and Nasdaq 100 futures edged up 0.09%. The S&P 500 snapped a two-day …
A person rides a bicycle past the Marriner S. Eccles Federal Reserve building in Washington, on Friday, Jan. 22, 2021. Al Drego | Bloomberg | Getty Images Big banks are on the cusp of releasing tens of billions of dollars more in stock buybacks and dividends to investors, according to analysts. Results from the Federal Reserve‘s bank stress tests are …
Sam Yeh | AFP | Getty Images CNBC’s “Halftime Report” is bringing its segment “Ask Halftime” to CNBC Pro. The contributors answered questions from CNBC Pro subscribers, including what could trigger a move in AMD‘s stock, how reopening will affect Wynn and whether to hold or sell Cleveland Hills. Jon Najarian, co-founder of MarketRebellion.com, said Las Vegas is going to come “roaring …
The Ford company logo is displayed on a sign outside of the Chicago Assembly Plant on February 03, 2021 in Chicago, Illinois. Scott Olson | Getty Images Clover Health Investments — Shares of the health care company jumped about 8%, pushing its weekly gains over 13% as Reddit-fueled speculative trading in the name continued. Clover said in a filing with the …
Harley-Davidson’s just-introduced 2021 models include the CVO lineup with the company’s most advanced audio and infotainment options, as well as its latest braking, steering and safety features. Source: Harley-Davidson Bank of America just named its top small cap stocks for the second half of 2021. The small cap benchmark Russell 2000 is starting to rebound after a more than 4% …
Philip and Karen Smith | Getty Images If U.S. stocks look richly valued after a strong start to 2021, American investors may be better served by looking northward for opportunities, according to Bank of America. The bank’s chief U.S. equity strategist told clients on Tuesday that the Canadian equity benchmark trades at a significant discount to the S&P 500 and, …
A CCTV security camera is seen in front of the Alibaba Group headquarters on April 10, 2021, in Hangzhou, Zhejiang Province of China. Long Wei | Visual China Group | Getty Images BEIJING — The Chinese government’s crackdown on big technology companies will likely last for a few years, which means those stocks aren’t a buy for now, a BlackRock …
