Stocks

Wall Street stocks stage late rally ahead of Fed meeting

Stocks on Wall Street staged a late rally on Monday, erasing earlier losses ahead of a two-day US central bank meeting that will be closely watched for clues on the future path of monetary policy.

Wall Street’s S&P 500 index finished 0.2 per cent higher in New York, having been on course for a 0.2 per cent loss less than hour before the final bell. It marks another high for the index following a 0.2 per cent gain on Friday. The technology focused Nasdaq Composite index climbed 0.7 per cent.

Core US government debt sold off, taking the yield on

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Stocks rise, S&P 500 hits record despite hotter-than-expected inflation data

Stocks rose Thursday as traders digested a key print on inflation, which showed consumer prices rose faster than expected as demand surged during the recovery. 

The S&P 500 rose to a fresh all-time high. The Nasdaq topped 14,000 for the first time since May 3, and the Dow also increased.

The Bureau of Labor Statistics’ May consumer price index registered a faster than expected rise in inflation last month. Headline consumer prices were up by 5.0% over last year, topping Wall Street’s estimates for 4.7% and accelerating from April’s 4.2% rise. This also marked the fastest increase in the CPI

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Wall Street stocks drift ahead of US inflation data

Wall Street equities were mixed ahead of US inflation data later in the week that may determine the future direction of central banks’ monetary policies.

The broad-based S&P 500, Wall Street’s dominant equity gauge, closed lower by 0.1 per cent, while the technology-focused Nasdaq Composite index edged up 0.5 per cent.

The Stoxx Europe 600 gained 0.2 per cent to end the session at a high, however, as investors rotated into relatively cheap European equities. The UK’s FTSE 100 climbed 0.1 per cent.

Economists surveyed by Bloomberg expect US inflation data on Thursday to show consumer prices rose 4.7 per

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The S&P 500 is near another record. Here are the stocks Wall Street sees leading the way from here

Amazon logo seen displayed on a smartphone.

Igor Golovniov | SOPA Images | LightRocket | Getty Images

The S&P 500 is inches away from a record, boosted lately by stocks leveraged to a reopening economy like Boeing and banks. Wall Street analysts believe a new group of stocks will lead the way from here.

CNBC PRO screened for stocks in the S&P 500 with a “buy” rating from more than 75% of analysts covering the names at this point. From this pool, we selected the top 20 names ranked by potential upside to their average 12-month price targets among analysts.

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Wall Street stocks shrug off leap in inflation and hit fresh high

Stocks on Wall Street hit a high and core government debt was steady as investors brushed aside the biggest jump in US inflation since the financial crisis.

The yield on the 10-year Treasury edged down 0.05 percentage points to 1.44 per cent after the labour department reported that headline consumer price inflation accelerated 5 per cent in the 12 months to May — the largest year-on-year leap since 2008 and above the 4.7 per cent pace expected by economists polled by Bloomberg.

Equity investors took the news in their stride, helping send the blue-chip S&P 500 index up 0.5 per

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A Stock Market Crash Is Inevitable: 3 Unstoppable Stocks to Buy When It Happens

For investors, there might not be three words scarier than “stock market crash.” With the coronavirus nosedive — a loss of 34% in the benchmark S&P 500 (SNPINDEX:^GSPC) in 33 calendar days — still fresh in the minds of most folks, the last thing they probably want to think about is another round of panic selling.

Unfortunately, another stock market crash is inevitable.

Image source: Getty Images.

Like it or not, a crash is coming

Though we’ll never be able to precisely predict when a crash will occur, how long it’ll last, or how steep the ultimate decline will be,

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Want to get in on hot energy stocks? Wall Street favors these 20 picks for gains up to 40%

The energy sector has been the best performer in the U.S. stock market this year, but it isn’t too late to jump in, as the setup is still attractive for the reopening of the economy.

Energy recovery has a long way to go

The S&P 500 energy sector
SP500.10,
+0.58%
was up 36% for 2021 through the end of May. (All price changes in this article exclude dividends.) That’s the best sector performance in the benchmark index so far this year.

Stretching out the timeline paints a different story:

Figures exclude dividends.


(FactSet)

If we look at price changes from

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Futures, Stocks Decline With Jobs Data in View: Markets Wrap

(Bloomberg) — U.S. futures slipped along with European stocks on Monday as traders await fresh catalysts, with the key American jobs data later this week set to provide further clues on the outlook for the world’s biggest economy amid lingering inflation concerns.

Contracts on the S&P 500 and Nasdaq declined, with trading hours curtailed due to the Memorial Day holiday in the U.S. The dollar weakened against a basket of peers. The euro gained after data showed Germany’s inflation rate rose to the highest level since October 2018, while price pick-ups in May were also reported by Spain and Italy.

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5 Stocks That Can Help You Achieve Financial Freedom

Today, as we gather with friends and family, or simply enjoy a day off from work, let’s not forget about the millions of people who’ve fought valiantly for our country since it declared its independence 245 years ago. On Memorial Day, we honor those more than 1.2 million people who’ve made the ultimate sacrifice throughout history to preserve the freedoms we have today, including the freedom of speech, the right to vote, and the right to chart our own financial course. 

For more than a century, the stock market has offered the opportunity for John and Jane Q. Public to

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