The energy sector outperformed in the third quarter.
Optimal Capital Director of Strategy Frances Newton Stacy tells Yahoo Finance Live that she is not convinced there is going to be a significant selloff in the sector due the supply and demand dynamics. However, Stacy advises that investors “wait for significant pull back” to buy the stocks, given their valuation and the Federal Reserve's stance on keeping rates higher for longer.to watch this full episode of Yahoo Finance Live.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
United States United States Latest News, United States United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
FTC’s suit against Amazon, Biden visits autoworkers: Yahoo Finance LiveThe FTC, along with 17 states, has filed an antitrust lawsuit against Amazon, alleging that the tech giant used its “monopoly power” to inflate prices, which has harmed consumers. Meanwhile, President Biden visited UAW members who are still striking against the Big Three automakers, Ford (F), General Motors (GM), and Stellantis (STLA). Other trending tickers on Yahoo Finance today include Fisker (FSR), Sirius XM Holdings (SIRI), and Rivian (RIVN).3:05 p.m. ET - Mozelle Thompson, Former FTC Commissioner 3:35 p.m. ET - Michael Linford, Affirm CFO3:45 p.m. ET - Ann Berry, Threadneedle Strategies Founder4:05 p.m. ET - Senator Ron Johnson (R- Wisconsin)4:20 p.m. ET - Dr. Zeke Emanuel, Vice Provost for Global Initiatives at The University of Pennsylvania and Chair of the Department Of Medical Ethics and Health Policy
Source: YahooFinanceCA - 🏆 47. / 63 Read more »
Wall Street hopes for bounce-back, Coinbase CEO joins YF: Yahoo Finance LiveMarkets are looking to recover from a rough day of trading yesterday. The Dow saw its worst day of trading since March, dragged down by recent signals from the Fed and growing concerns over a government shutdown. In crypto, SEC Chair Gary Gensler is set to testify before the House over Bitcoin ETFs. Yahoo Finance has an exclusive interview with Coinbase CEO Brian Armstrong (COIN) at 3 p.m. ET to get his thoughts on the testimony and much more. Trending tickers today include Costco (COST), Amazon (AMZN), and Rivian (RIVN).Top guests today include:9 a.m. ET - Tom Forte, D.A. Davidson Managing Director, Senior Research Analyst9:20 a.m. ET - Takeshi Niinami Suntory Holdings CEO9:40 a.m. ET - Maya MacGuineas, Committee for a Responsible Federal Budget President10:40 a.m. ET - Isabella Casillas Guzman, SBA Administrator11:00 a.m. ET - Fmr. Sen. Byron Dorgan (D) North Dakota
Source: YahooFinanceCA - 🏆 47. / 63 Read more »
Coinbase CEO Brian Armstrong exclusive, Meta’s VR announcements: Yahoo Finance LiveIn an exclusive interview with Yahoo Finance airing at 3:30 p.m. ET, Coinbase (COIN) CEO Brian Armstrong calls out what he sees as “harassment” from the Securities and Exchange Commission. In tech news, Meta (META) is unveiling its latest virtual reality products. Other trending tickers on Yahoo Finance include NextEra Energy (NEE), Palantir (PLTR), and Pfizer (PFE).Top guests on Yahoo Finance Live today include:3:05 p.m. ET - Fmr. Rep. Joe Crowley, (D) New York3:20 p.m. ET - Jeremy Schwartz, WisdomTree Global Chief Investment Officer3:20 p.m. ET - Jeff Klingelhofer, Thornburg Investment Management Co-Head of Investments3:30 p.m. ET - Brian Armstrong, Coinbase CEO4:05 p.m. ET - Rep. Marc Molinaro, (R) New York4:15 p.m. ET - Daniel Morgan, Synovus Trust Senior Portfolio Manager4:30 p.m. ET - Tom Narayan, RBC Capital Markets Lead Equity Analyst, Global Autos
Source: YahooFinanceCA - 🏆 47. / 63 Read more »