Text size Industrial demand held up better than industrial stocks in the second quarter. Dreamstime The first half of 2022 was lousy for most stocks, including shares in the industrial sector. But that pain can create opportunity. Several industrial stocks look like big winners, based on what Wall Street thinks. The S&P 500 dropped 16.5% … Read more
Text size Fed chair Jerome Powell will deliver remarks at a central bank summit. Olivier Douliery / AFP via Getty Images Stocks slipped on Wednesday ahead of a summit of top central bankers where investors will closely watch for clues about how high the Federal Reserve will raise interest rates. Futures for the Dow Jones … Read more
UPS CEO Carol Tome. Photo by JIM WATSON / AFP via Getty Images Text size Until recently, United Parcel Service operated a little like the New York Yankees. But the company has changed in ways that are positive for the stock. Investors, along with baseball fans, may know that the Bronx Bombers have maintained an … Read more
Text size Energy firms Oneok and Chesapeake Energy saw large insider share purchases. Dreamstime.com Two energy firms caught up in a recent price slump saw large insider share purchases. President Joe Biden’s pledge to increase natural gas exports to Europe has not benefited every name in that sector. In fact, a fire at a liquefied-natural-gas … Read more
Recession worries were roaring back into the spotlight for Wall Street on Wednesday, with equity futures and oil prices dropping, as investors looked ahead to Congressional testimony from Federal Reserve Chairman Jerome Powell. How are stock-index futures trading? S&P 500 futures ES00, -1.67% dropped 1.6%, to 3,707 Dow Jones Industrial Average futures YM00, -1.44% dropped … Read more
Text size Traders work on the floor of the New York Stock Exchange. Spencer Platt / Getty Images Stock futures traded sharply higher Tuesday as investors returned from a three-day weekend feeling a bit more optimistic after last week’s steep selloff. Contracts linked to the Dow Jones Industrial Average rose 493 points, or 1.7%, to … Read more