berkshire hathaway Business News Market News stock market Warren Buffett 

Is Warren Buffett Unconvinced of Stock Market Rally?

Berkshire Hathaway is holding $128.2 billion in cash. With no big deal in four years, Buffett seems to be unfazed by the stock market rally. | Credit: AP/Nati Harnik Berkshire Hathaway is holding $128.2 billion in cash, according to its quarterly report. With no big deal in four years, Warren Buffett seems to be unfazed by the stock market rally. Buffett, who has evolved the $528 billion conglomerate into the world’s biggest financial company by revenue, is known to be patient in spotting large deals, primarily acquisitions, for Berkshire. However, with…

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Dow Jones Headlines Market News S&P 500 stock market 

The Dow Could Have Its Best Week Ever

The doom and gloom that prefaced this earnings season could be clearing to reveal a rainbow of epic proportions, and some are predicting that markets could have the best week ever this week as the bulk of S&P 500 companies announce their results. Both the S&P 500 and the Dow finished last week only 1% away from record-breaking highs and if the stars align in the coming days, it could be very profitable week. Both the S&P 500 and the Dow are nearing all-time highs. | Chart: Yahoo Finance Last…

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Business News james bullard S&P 500 stock market 

Key Economic Indicators Due This Week a Gauge of Consumer Strength

The stock market is on the brink of setting new records and the consumer, which has been propping up the U.S. economy, has the power to make or break that momentum. A couple of key economic indicators that are set to be released this week happen to be a gauge on the strength of the consumer. The results should provide some clarity as to whether the economy and corporate America will continue to grow, data that the stock market and Fed officials are no doubt watching closely. Despite the stock…

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Market News S&P 500 stock market 

Prominent Investor Sees Big Breakout For S&P, Says Bears Lost Control

Amidst a slight pullback in the U.S. stock market, Ed Yardeni, president of Yardeni Research, said that the S&P 500 is expected to see a big breakout heading into 2020, predicting an increase to 3,500 points. The S&P 500 slightly dipped on Friday as the U.S. stock market experienced a swift sell-off. | Chart: Yahoo Finance Currently, the S&P 500 stands at 2,992 points after a sell-off on Friday and a rally to 3,500 points would indicate a 17% increase. Why Yardeni sees swift recovery for S&P 500 and the…

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Op-ed S&P 500 stock market U.S. Market News 

This Oddball Pattern Suggests the Stock Market Is Headed Higher

An interesting stock market pattern suggests the market will be moving higher, but it doesn’t tell the entire story. | Source: AP Photo/Richard Drew By CCN Markets: The S&P 500 is showing an intriguing pattern of behavior. May 30 was the ninth consecutive day that the stock market index closed above the 200-day moving average but below the 50- day moving average. This one is both a) utter fucking nonsense and b) incredible. If $SPX closes today between 2800 and 2945, it will be the 9th straight day of closing ABOVE…

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Dow Jones S&P 500 stock market U.S. Business News U.S. Market News 

This S&P 500 Stock Rocketed 13% Higher Because of Strong Consumer

S&P 500 stock Estee Lauder is pricey, but there may be another way for investors to play retail and capitalize on strong consumers. | Source: Shutterstock By CCN Markets: The S&P 500 is comprised of nearly a dozen sectors, all of which traded in the green today. Leading the charge is skincare stock Estee Lauder, which is a reflection of the strong consumer that continues to keep this economy afloat. The stock is currently hovering at a new 52-week high after Estee Lauder reported stronger-than-expected earnings and provided a sunny…

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china Donald Trump S&P 500 stock market U.S. Market News 

Stock Market Futures Surge as Trump Gets Positive on China

Trump’s tweets on China may set the stage for a strong rally in the stock market this week as S&P 500 futures open higher. | Source: REUTERS/Jonathan Ernst By CCN Markets: In response to the struggling stock market, Donald Trump’s Twitter feed was awash with positive talk about the trade war and progress with China on Sunday. A more upbeat Trump could be precisely what the doctor ordered for bruised markets, putting the wind at the S&P 500’s back next week. U.S. stock futures opened higher Sunday evening, suggesting a…

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Dow Jones Op-ed stock market U.S. Market News 

Don’t Be Fooled. This Dow Jones Bounce Is Nothing but a Head Fake

Donald Trump’s easing of tariffs sent the Dow Jones higher on Tuesday, but don’t be fooled. A crash is coming. | Source: Drew Angerer / Getty Images / AFP By CCN Markets: News that Donald Trump would delay the imposition of tariffs on some Chinese goods sent the Dow Jones rocketing today. Beware, though, because it’s a head fake before the inevitable crash. The Dow Jones Industrial Average rose 372 points to 26,280, an increase of 1.44 percent on Tuesday. That’s because Donald Trump and the Treasury Department announced that additional tariffs…

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Dow Jones JPMorgan stock market U.S. Market News 

JPMorgan’s Advice for Navigating Wild Stock Market Swings: BTFD

Two top JPMorgan analysts are encouraging investors to buy the dip whenever the stock market tumbles, saying any Dow plunges are temporary. | Source: REUTERS / Lucas Jackson Two top JPMorgan analysts are encouraging investors to keep calm during any forthcoming stock market downturns and to buy when the Dow Jones tumbles. Why? Because they say the dips are temporary and the stock market will eventually recover any of its lost gains. JPMorgan: Stock market will regain previous highs JPMorgan quant guru Marko Kolanovic and chief U.S. equity strategist, Dubravko…

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DOJ regulation stock market U.S. Market News 

Stock Futures Slump As DOJ Beefs Up Its Big Tech Antitrust Probe

The stock market enjoyed a powerful rally Tuesday on renewed hopes of a trade deal between China and the United States. But that optimism gave way to a fresh round of selling after the stock market closed. That’s because, as the Wall Street Journal reported, the Justice Department is opening a broad antitrust inquiry into the big tech companies. Big tech under pressure after hours with the DOJ announcing a new antitrust review of the biggest players. Here’s what @LoupVentures‘ Gene Munster says is ahead for $FB $AMZN $AAPL $NFLX…

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