Intuition

Financial Advisors Take a Closer Look at Wal-Mart on the Back of Wage Boost, Sam’s Club Closings News

The US stock market extended its gains on the second trading week of 2018 with three main indexes, S&P 500, Dow Jones Industrial Average and Nasdaq Composite covering more ground ahead of the beginning of the fourth-quarter earnings season and amid high levels of optimism regarding the state of the US economy. In this way, between January 8 and January 12, the Dow Jones Industrial Average advanced by 2.01% followed by the Nasdaq Composite and the S&P 500, which increased by 1.74% and 1.57%, respectively. On Tuesday, the S&P 500 closed at 2,751.29, registering the best start of the year since 1987. However, the following day the Nasdaq Composite and S&P 500 ended the gaining streak as they closed lower...

Financial Advisors Turn Back to Apple as Stock Market Starts 2018 Strong

The US stock market had a great start of the week, with Nasdaq Composite and the S&P 500 hitting new records right on the first trading session of 2018. Between January 2 and January 5, the Nasdaq Composite advanced by 3.38% and the S&P 500 and the Dow Jones Industrial Average weren’t far behind, having registered gains of 2.60% and 2.33%, respectively. Both Dow Jones and Nasdaq Composite had the best start of the year since 2006. Investors are confident that after a successful 2017, the stock market will continue its bull run this year on the back of stronger global growth and solid earnings...

Financial Advisors Focus on Energous Corp as Stock Surges on FCC Certification News

The US stock market declined on the last trading week of the year with the stocks closing on a slightly negative note. Tech stocks put some pressure on the market during the shortened trading week between December 26 and December 29, extending the losses from the previous week on the back of market participants adjusting their expectations regarding the GOP tax bill effect on tech companies. Apple Inc (NASDAQ:AAPL) was among the biggest losers in the tech space following a report of soft iPhone X demand...

Financial Advisors Put Apple at the Top of Most Searched Tickers List Amid iPhone Slowdown Revelation

Between December 18 and December 22, the stock market registered a further increase amid the Senate and House members vote on the tax bill that aims to cut the corporate tax rate to 21% from 35% and the subsequent signing of the bill by President Trump. Stocks gained ground as many companies vowed to use the additional cash gained from lower taxes to boost wages and new construction. Throughout the week investors and analysts digested the bill trying to assess the direction of the stock market in 2018, with the consensus...

Financial Advisors Put General Electric in Cross Hairs After Job Cuts News

US stocks gained more ground last week on the back of the Federal Reserve increasing the key interest rate and investors’ confidence that the new tax bill will pass. In this way, between December 11 and December 15, the S&P 500 gained 0.92%, while Dow Jones and Nasdaq Composite advanced by 1.33% and 1.41%, respectively. The indexes declined on Thursday, with the S&P 500 registering the lowest decline in a month as there was a brief moment of uncertainty regarding the success of the Republicans’ tax plan after Senators Marco Rubio and Mike Lee said that they would not support the bill without changes to child tax credits. However...

Financial Advisors Push Comcast Corporation to Most-Searched Ticker Spot Amid Fox Deal Update

The S&P 500 and the Dow Jones Industrial Average notched up modest gains last week after the Senate passed a $1.5 trillion Republican tax bill on December 2, which provides large tax cuts to businesses. However, investors still await more details on the tax overhaul as the bill passed by the Senate is different than the one passed by the House earlier. Now, both chambers will have to work on and pass a new bill that will be sent to the White House. In addition, on Thursday, the Senate passed a stop-gate spending measure to continue funding the federal government through December 22, in order to avoid a shut-down that would have been triggered if Congress had failed to pass a spending bill before Friday midnight...

Financial Advisors Are Paying More Attention to Facebook as Stock Inches Lower Despite Strong Fundamentals

The US stock market had an interesting week between November 27 and December 1. The S&P 500 and Dow Jones Industrial Average indexes gained 1.53% and 2.86%, respectively, as retailers registered a strong run following solid Black Friday figures. Dow Jones Industrial Average also passed the 24,000-point mark on Thursday, boosted by optimism about the tax reform, which was passed by the Senate early on Saturday morning. On the other hand, tech stocks saw declines on Wednesday, with so-called FAANG stocks losing ground, despite strong fundamentals and great performance so far this year. The Nasdaq Composite index inched down by 0.6% last week, mainly on the back of a 1.27% drop on Wednesday...

Financial Advisors are Looking Closer at ITUS Corp (ITUS) Amid Developments in Cancer Treatment Efforts

During the shortened holiday week, the US stock market extended its rally, with the S&P 500 gaining 0.91% between November 20 and November 24 and topped the 2,600-point mark on Tuesday. The Dow Jones Industrial Average inched up by 0.86% and the Nasdaq Composite surged by 1.57%. All three indexes registered records, with the S&P 500 notching its 55th closing high on Friday, while Nasdaq Composite and Dow Jones Industrial Average hit the 69th and 60th closing high, respectively. Analysts project that they will continue...

Financial Advisors Put NVIDIA Corporation in Spotlight Following Strong Results and Positive Outlook; Small-Caps Receive Some...

After several weeks of mostly gains and positive news, the last week was a bit tumultuous for the stock market. Among main indexes, the S&P 500 and the Dow Jones Industrial Average inched down by 0.13% and 0.27%, respectively, and registered the first two-week losing streak since August. Both Indexes were affected by concerns regarding the passage of the Republican tax plan and a pullback in commodities in the middle of the week, which caused a global sell-off. The stock market was also dragged lower by the decline in oil prices that came on the back...

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