Stock market: Prepare for higher volatility, strategist says

  • 📰 YahooFinanceCA
  • ⏱ Reading Time:
  • 14 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 9%
  • Publisher: 63%

South Africa News News

South Africa South Africa Latest News,South Africa South Africa Headlines

Stocks have been pretty flat over the last month. but that could be changing. Charles Schwab Chief Global Investment Strategist Jeffrey Kleintop warns that there is 'potential for higher volatility' in the weeks to come. Kleintop gives a few reasons why, including an earnings picture that isn't likely to improve, slowing in the service sector, and the drought causing a backup on the Panama Canal. 'The market is pricing in clear sailing from here but it may not be that smooth of a ride', Kleintop says.

Celebrate summer with the best swimsuits from films throughout the years... -- Elon Musk picked Linda Yaccarino to be chief executive officer of X, the company formerly known as Twitter, with hope that the former NBCUniversal executive would convince advertisers who had stopped spending on the site to return.

The U.S. Securities and Exchange Commission on Tuesday sued Virtu Financial, a broker-dealer that handles 25% of all market orders placed by retail investors in the U.S., for misleading customers into believing it properly safeguarded their confidential information.

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:

 /  🏆 47. in ZA
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

South Africa South Africa Latest News, South Africa South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

WeWork stock, Citi reorganization, Adobe AI: Top StocksShares of workspace provider WeWork (WE) reverse course this morning as the stock has already fallen 90% year-to-date and faces potential delisting. Citigroup (C) announces reorganization plans with its various business segments to report directly to CEO Jane Frasier. Lastly, Adobe (ADBE) rolls out its new generative AI tools for its editing software. Yahoo Finance Live checks out several stocks trending after this morning's opening bell.
Source: YahooFinanceCA - 🏆 47. / 63 Read more »

Stocks rise after inflation data shows a reacceleration: Stock market news todayAugust's Consumer Price Index inflation report is a key data point for the Fed when it decides on rates policy next week.
Source: YahooFinanceCA - 🏆 47. / 63 Read more »

Stock market today: Wall Street climbs as stocks worldwide riseNEW YORK (AP) — Stocks rose on Wall Street after a blizzard of reports suggested the U.S. economy is still humming, though inflation may be too. The S&P 500 climbed 0.8% Thursday. The Dow rose 331 points and the Nasdaq composite added 0.8%.
Source: SooToday - 🏆 8. / 85 Read more »

Stock futures dip in countdown to key CPI data: Stock market news todayAugust's Consumer Price Index inflation report is a key data point for the Fed when it decides on rates policy next week.
Source: YahooFinanceCA - 🏆 47. / 63 Read more »

Stock futures stumble as CPI data comes in hot: Stock market news todayAugust's Consumer Price Index inflation report is a key data point for the Fed when it decides on rates policy next week.
Source: YahooFinanceCA - 🏆 47. / 63 Read more »