NRG Energy was the S&P 500’s best-performing constituent Tuesday after Jefferies analysts upgraded the stock and raised their price target, saying “investors are sleeping” on the energy company.
Option Traders Bet on Deep Treasury-Market Selloff Within Weeks
(Bloomberg) -- A bearish tone is taking hold in the market for interest-rate options, suggesting that bond traders are bracing for Treasury yields to surge anew in the coming weeks.Most Read from BloombergNew York City’s ‘Living Breakwaters’ Brace for Stormier SeasIn Italy’s Motor City, Car-Free Options Are GrowingIn Kansas City, a First-Ever Stadium Designed for Women’s Sports Takes the FieldNYC's Underground Steam System May Be Key to a Greener FutureNYC Gets Historic Push for 80,000 Homes Wit
Canadian Stocks Rebound From Early Losses on Tariff Threats
(Bloomberg) -- Canadian stocks rallied back from losses earlier in the session Tuesday to finish basically where they started as traders assessed US President-elect Donald Trump’s threat of 25% tariffs on goods produced in Canada and Mexico.Most Read from BloombergNew York City’s ‘Living Breakwaters’ Brace for Stormier SeasIn Italy’s Motor City, Car-Free Options Are GrowingIn Kansas City, a First-Ever Stadium Designed for Women’s Sports Takes the FieldNYC's Underground Steam System May Be Key to
Wall Street stocks end higher on tech; markets analyze Trump's tariff threats, Fed minutes
(Reuters) -Wall Street stocks, led by S&P 500 and the Nasdaq, ended higher on Tuesday, as technology stocks rebounded, while investors digested President-elect Donald Trump's tariff pledges on top trade partners and the latest minutes from the Federal Reserve. U.S. short-term interest-rate futures pared earlier losses after the Fed's latest minutes showed officials appeared divided over how much further they may need to cut interest rates.
HP Gives Lackluster Profit Outlook on Slow PC Market Recovery
(Bloomberg) -- HP Inc. gave an outlook for profit in the current quarter that fell short of estimates, suggesting a setback in the personal computer market’s recovery from a yearslong slump.Most Read from BloombergIn Traffic-Weary Toronto, a Battle Breaks Out Over Bike LanesIn Italy’s Motor City, Car-Free Options Are GrowingNew York City’s ‘Living Breakwaters’ Brace for Stormier SeasEarnings, excluding some items, will be 70 cents to 76 cents a share in the fiscal first quarter, the company said
Private Equity-Backed US IPOs Set to Surge in Market Revival
(Bloomberg) -- Private equity-backed initial public offerings on US exchanges are poised for a comeback.Most Read from BloombergNew York City’s ‘Living Breakwaters’ Brace for Stormier SeasIn Italy’s Motor City, Car-Free Options Are GrowingIn Kansas City, a First-Ever Stadium Designed for Women’s Sports Takes the FieldNYC's Underground Steam System May Be Key to a Greener FutureNYC Gets Historic Push for 80,000 Homes With $5 Billion PledgeLast year, companies backed by buyout firms saw just $8.7
Is a Bitcoin Sell-Off Imminent? History Suggests a Very Clear Answer.
The world's largest cryptocurrency is Bitcoin, (CRYPTO: BTC) with a market valuation of nearly $1.9 trillion. Then again, other investors predicted a price of $100,000 for Bitcoin a long time ago. In short, Bitcoin is a polarizing subject.