Попередження На цьому сайті використовуються файли cookie щоб забезпечити найкращу взаємодію з користувачем. Якщо ви продовжите перегляд, ви погоджуєтеся отримувати cookie OK

Investors see opportunities in these beaten-down areas of the stock market

today 11/10/2023
Traders are seen working on the floor of the New York Stock Exchange in New York City. Cash is currently gaining popularity among investors due to the Federal Reserve's increase in interest rates. This has led many investors to invest in money market funds, which are considered low-risk investments. The amount of money invested in these funds has reached a record high. However, some investors believe that there are still opportunities in stocks, especially since bond yields are expected to decline in the coming months. Dividend growth stocks and utility stocks are seen as attractive options. Small-cap stocks are also being considered, although the outlook for the economy remains uncertain. Federal Reserve Chair Jerome Powell has left open the possibility of further interest rate hikes to combat inflation. However, investors are optimistic about a pause in rate hikes next month. During Powell's recent speech, he was interrupted by climate protesters, raising concerns about security. The Trevor Project, an LGBTQ+ suicide prevention organization, has decided to leave the social media platform X due to concerns about increasing hate and vitriol targeting the LGBTQ community. They encourage followers to connect with them on other platforms.
Залишайтеся на зв'язку
Підпишіться на нашу розсилку та отримуйте інформацію про вихід нових статей, інформацію про ексклюзивні знижки та інше
Або підпишіться на наш Telegram, щоб завжди бути в курсі наших новин.

Недавнее

02/22/2024

Japan'€™s Nikkei 225 surpasses all-time high reached in 1989

Pedestrians in Tokyo observed a surge in the value of shares on Japan's Nikkei 225 on February 22, 2024. The Nikkei 225 surpassed its all-time peak during trading, briefly reaching 39,029, exceeding the previous record set in 1989. The rally was driven by a rise in chip stocks, particularly after US chipmaker Nvidia reported strong earnings. The market had a successful year in 2023, with the Nikkei up 28%, and so far in 2024, the index has jumped 17%. The weak yen is a key factor in driving the stock market up, benefiting Japanese exporters and making shares cheaper for foreign investors. Demand for AI is also boosting the outlook for Japanese technology companies. To sustain the rally, Japan will need to deepen its corporate governance reforms to enhance shareholder returns.
02/22/2024

China'€™s economic troubles are hurting global banks

One of the branches of HSBC in Hong Kong was pictured on February 19, 2024. HSBC reported a significant decline in quarterly profit due to a $3 billion hit on its stake in China's Bank of Communications and charges related to exposure to the country's troubled real estate industry. The bank's pretax profit dropped by 80% in the last three months of 2023 compared to the same period in 2022. The impairment of $3 billion was calculated after a December evaluation, which included an estimate of future cash flows at BoCom. Additionally, HSBC made provisions of $3.4 billion to cover expected credit losses and other charges related to its exposure to the commercial real estate sector in mainland China. Despite the challenges, the bank maintained a positive view on China's economy. Other European lenders have also been impacted by China's property woes.
02/22/2024

Mortgage rates rise to 6.9% in third-straight increase

An aerial photo of a housing subdivision in Las Vegas, taken on Feb. 8, 2024, shows the layout of the neighborhood. Mortgage rates have increased for the third consecutive week, nearing 7%. The average 30-year fixed-rate mortgage was 6.90% in the week ending February 22, up from 6.77% the previous week and 6.50% a year ago. Despite smaller fluctuations in rates over the past two months, recent indications from the Federal Reserve have led to higher mortgage rates. Strong economic and inflation data has influenced this trend, causing concern for homebuyers in already unaffordable markets. The potential impact of these rising rates on the housing market is being closely monitored.
02/22/2024

AT&T customers report a massive outage. Verizon and T-Mobile are also down for some

AT&T experienced network issues on Thursday morning, causing disruptions for customers trying to make calls, send texts, or access the internet. Verizon and T-Mobile also had some reported network outages. Over 31,000 AT&T customers reported outages on the DownDetector website. The company has been responding to customer complaints online but has not officially acknowledged a network outage. There have been sporadic outages over the past few days, including a temporary 911 outage in some southeastern US areas. Verizon and T-Mobile also had around 1,000 reported outages. The cause of the service disruption is unknown, and it is unclear how many people have been affected. Downdetector provides real-time status information for various services worldwide. This is an ongoing situation and will be updated.