Stocks set to follow 'bumpier path' forward after stellar first quarter

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Keith Lerner,The Federal Reserve

After a strong first quarter, a confluence of issues, including sticky inflation, scaled-back rate cut expectations, and conflict in the Middle East, are...

Stocks rose in what seemed like a straight line over the first three months of 2024 as the S&P 500 is up roughly 50 basis points in April to as high as 4.67%, its highest level since November. And as seen last year," is not sending alarm signals yet that things are really at risk," SoFi head of investment strategy Liz Young told Yahoo Finance. "But I think there needs to be some right-sizing of stock valuations.

Screaming Into the Void Despite an astronomical number of red flags, investors who poured their hard-earned cash into former president Donald Trump's Truth Social meme stock are experiencing a rude awakening. As the Washington Post reports, Trump supporters are seething as the value of the social media platform's parent company Trump Media & Technology Group Some Truth Social users bemoaned the crash, looking for someone to blame as the shares continued to tank this week.

Canada's inflation rate ticks up to 2.9% in March amid higher gas prices, boosting June rate-cut bets

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European Stocks Set for Rocky Start Amid Escalating Tensions in the Middle EastEuropean stocks are expected to experience a sharp decline as tensions in the Middle East escalate. Israeli Prime Minister Benjamin Netanyahu's comments about potential retaliation have raised fears of a wider war. This has also impacted Wall Street and Asian shares, causing oil prices to rise. The EURO STOXX 50 index futures have already fallen by over 1.5%, indicating a significant move for Asian time.
แหล่ง: YahooFinanceCA - 🏆 47. / 63 อ่านเพิ่มเติม »

Stock market today: Asian stocks track Wall Street's decline as Middle East tensions escalateHONG KONG (AP) — Asia stocks pulled back on Monday as worries about potentially escalating tensions in the Middle East rattled financial markets, pushing...
แหล่ง: YahooFinanceCA - 🏆 47. / 63 อ่านเพิ่มเติม »

Premarket: Stocks climb, oil dips as Middle East concerns in checkU.S. stock futures ticked higher after a heavy selloff on Wall Street on Friday
แหล่ง: globebusiness - 🏆 31. / 66 อ่านเพิ่มเติม »

Stocks climb, oil dips as Middle East war worries kept in checkThe Kitco News Team brings you the latest news, videos, analysis and opinions regarding Precious Metals, Crypto, Mining, World Markets and Global Economy.
แหล่ง: KitcoNewsNOW - 🏆 13. / 78 อ่านเพิ่มเติม »

European Stocks Lose Steam on Fear of Middle East EscalationEuropean stocks trimmed gains late in the afternoon as Axios reported that Israeli Defense Minister Yoav Gallant said Israel had no choice but to retaliate against Iran.
แหล่ง: BNNBloomberg - 🏆 83. / 50 อ่านเพิ่มเติม »