Short Interest in Stocks Has Dropped, but Market Risks Remain
Jacob Sonenshine Short interest in the stock market has dropped recently, adding a little risk in the near-term. The average company in the Russell 2000 index recently had about 3.5% of its total s
No Recession Yet: Economy Grew 2.1% in 2022
Plenty of people from Wall Street to Main Street are worried about a possible recession, but data released Thursday showed that the U.S. economy continued to grow at a solid pace at the end of last year, even as the rate of growth softened amid high inflation and rising interest rates.
Market Recap | Stocks Close Higher, With Earnings and Economic Data in Focus
U.S. stocks rose Thursday as a fresh slate of economic-data and corporate earnings reports continued to paint a mixed picture of the economy's direction.
Inflation Will Go Negative by Mid-year, but Risk Remains as the Fed May Keep Raising Rates, Billionaire Investor Barry Sternlicht Says
Billionaire Barry Sternlicht, the chief executive officer and chairman of property investor Starwood Capital Group, expects the U.S. economy to slide into recession in the third or fourth quarter of 2023 due to the Federal Reserve's interest rate hikes, but inflation could fall below and even enter into negative territory by mid-year.
U.S. Weekly Jobless Claims Fall to Lowest Level Since April
Jobless claims fall 6,000 t0 186,000.
U.S. GDP Grew Faster Than Expected in Final Quarter of 2023 -- But Don't Expect a Repeat
The economy grew at a sturdy 2.9% annual pace in the fourth quarter, but the U.S. faces tough odds to repeat its performance in 2023 as rising interest rates sap growth and threaten to foment a recession.
Today's Pre-Market Stock Movers: TSLA, CVX, AAL, DOW and More
Tesla reported fourth-quarter earnings that topped Wall Street estimates. Tesla ‘s operating earnings of $3.9 billion in the fourth quarter were a record.
Before the Bell | Chevron's Higher Dividend Yield Now Tops Exxon's
Wall Street has low expectations for the chip giant's fourth quarter. They might not be low enough for Intel's current quarter.
Market Recap | S&P 500 Closes Lower as Investors Digest Earnings
U.S. stocks ended mixed Wednesday, as another busy day of earnings gave investors a fresh sense of how companies are coping with an economic slowdown and higher interest rates.
Earnings Have Downside Risk This Year: Nuveen CIO Malik
Nuveen CIO Saira Malik sees downside risk for corporate earnings in 2023 and makes the case for fixed income. She speaks with Jonathan Ferro on "Bloomberg The Open."