NanoStockk/iStock via Getty Images Wolfe Research said it foresees investors sticking largely with mega-cap technology stocks as volatility ramps up this summer. The independent sell-side research firm outlined its view in a Thursday note, highlighting choppier conditions in the stock market (SP500)(COMP:IND)(DJI) over the past week as YTD high-flyers NvidiaContinue Reading
The major U.S. averages on Wednesday seesawed, as stocks struggled for momentum. A post-earnings surge in global economic bellwether FedEx (FDX) was countered by a sell-off in Treasurys. The S&P (SP500) was last up 0.06% to 5,472.48 points in midday trade, while the blue-chip Dow (DJI) had added 0.11% toContinue Reading
U.Today – U.Today has prepared a summary of the top three news stories over the weekend. Schiff predicts price will keep falling for several years On Friday, June 21, Peter Schiff heaped yet another portion of criticism on Bitcoin, the flagship cryptocurrency. In his X post, Schiff noted that sinceContinue Reading
