financial market news

Bank of America clients sold last week’s stock-market rally while buying ETFs

Bank of America clients sold the stock-market rally last week but were buying exchange-traded funds across styles in a tough year for equities, according to BofA Global Research. The bank’s clients were net sellers of US stocks for a third straight week, BofA equity and quant strategists said in a research note dated June 27. …

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Bank of America clients sold last week’s stock-market rally while buying ETFs

Bank of America clients sold the stock-market rally last week but were buying exchange-traded funds across styles in a tough year for equities, according to BofA Global Research. The bank’s clients were net sellers of US stocks for a third straight week, BofA equity and quant strategists said in a research note dated June 27. …

Bank of America clients sold last week’s stock-market rally while buying ETFs Read More »

Valero Energy Corp. stock rises Monday, outperforms market

Shares of Valero Energy Corp. VLO, +8.00% advanced 8.00% to $112.24 Monday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index SPX, -0.30% falling 0.30% to 3,900.11 and Dow Jones Industrial Average DJIA, -0.20% falling 0.20% to 31,438.26. The stock’s rise snapped a three-day losing …

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Netflix Inc. stock falls Monday, underperforms market

Shares of Netflix Inc. NFLX, -0.90% dropped 0.90% to $189.14 Monday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index SPX, -0.30% falling 0.30% to 3,900.11 and Dow Jones Industrial Average DJIA, -0.20% falling 0.20% to 31,438.26. The stock’s fall snapped a three-day winning streak. …

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You’ll know the bear market is nearing an end when anxious investors push the ‘panic’ button

The end of the bear market is not close. That’s according to a contrarian analysis of stock market sentiment: the US stock market hasn’t yet experienced the extreme pessimism seen at major bottoms. It may certainly feel like there’s plenty of pessimism and despair on Wall Street. But that bearishness seems a mile wide and …

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Here’s how you can compound dividend stocks to double the S&P 500’s return

Companies announce dividend increases all the time, but here’s one that points to a simple investing strategy that can lower your risk and make you a lot of money over the years. Maybe it isn’t so exciting on the surface: Kroger Co. KR, a supermarket operator, raised its quarterly dividend payout by quite a bit, …

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Ford Motor Co. stock rises Thursday, still underperforms market

Shares of Ford Motor Co. F, +0.70% inched 0.70% higher to $11.56 Thursday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index SPX, +0.95% and the Dow Jones Industrial Average DJIA, rising 0.95% to 3,795.73 +0.64% rising 0.64% to 30,677.36. This was the stock’s third …

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Crypto crash: forced selling cools down; correlation with equities back in focus

Hello! Welcome back to Distributed Ledger, our weekly crypto newsletter that reaches your inbox every Thursday. I’ll walk you through what’s going on in the current bear market. As usual, find me on Twitter at @FranceYue_ to send feedback, or tell us what you think we should cover. You can also reach me through email …

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Tesla Inc. stock falls Thursday, underperforms market

Shares of Tesla Inc. TSLA, -0.43% shed 0.43% to $705.21 Thursday, on what proved to be an all-around great trading session for the stock market, with the NASDAQ Composite Index COMP, +1.62% rising 1.62% to 11,232.19 and the Dow Jones Industrial Average DJIA, +0.64% rising 0.64% to 30,677.36. This was the stock’s second consecutive day …

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Crypto platform Voyager Digital shares plunge 60% after revealing $665 million exposure to embattled hedge fund; considers issuing default notice

Crypto platform Voyager Digital Ltd. VOYG, -52.50% shares plunged more than 60% Wednesday after the company said its subsidiary Voyager Digital LLC, may issue a notice of default to embattled crypto hedge fund Three Arrows Capital for failure to repay its loan. Voyager’s exposure to Three Arrows includes 15,250 bitcoin, or about $315 million based …

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