The Latest Breaking News from Stock Market

With the Fed keen on further interest rate hikes this year, the stock market will likely remain under pressure. Amid this backdrop, it could be wise for investors to buy fundamentally strong Dow stocks like Verizon Communications (VZ), Amgen (AMGN), and International Business Machines (IBM). Read more….

As the Fed is expected to raise interest rates higher than expected, the revived recession fears will keep the stock market under pressure in the upcoming months. Thus, it could be wise to scoop up shares of high-quality businesses, such as Johnson & Johnson (JNJ), Humana Inc. (HUM), and AutoZone,…

A slew of robust economic data and high inflation could lead the Fed to increase its benchmark rate higher in the coming months than it had previously forecasted. The Fed’s persistent hawkish stance could cause an economic downturn and induce more volatility in the stock market. Hence, fundamentally weak stocks…

The stock market is expected to remain volatile in the near term as investors remain anxious about the Fed’s actions. Amid high recession worries, fundamentally strong healthcare stocks, Pfizer (PFE), Bristol-Myers Squibb (BMY), Amgen (AMGN), and Elevance Health (ELV), which have the potential to withstand any market downturns, could be…

Some of the biggest names in Wall Street trading are urging the US Securities and Exchange Commission to pull back on plans to overhaul rules for the stock market.

The S&P 500 (SPY) managed to break through the important 4,000 level, which is great news for stock traders. Looks like we might be able to climb that wall of worry after all! How did we manage to turn things around after "the worst week" so far in 2023? Read…

The battle for the soul of the stock market (SPY) is at stake in March. Why is that? What are the key events? And are bulls or bears more like to win? 40 year investment pro Steve Reitmeister answers all that along with his trading plan and top picks. Read…

Despite the Fed’s best efforts, inflation remains above the comfort zone. Minutes from the Fed’s meeting show that officials are keen on raising interest rates. This could keep the stock market under pressure this year. Therefore, it could be wise for investors to steer clear of Shopify (SHOP), Snap (SNAP),…

In recent weeks, a slew of economic data showed that the Fed’s inflation battle is far from over. Moreover, with officials suggesting an aggressive rate-hiking campaign in the coming months, the stock market is expected to remain volatile. Therefore, we think quality stocks Valero Energy (VLO), Canon (CAJ), and United…