The Motley Fool

History shows that stock-split stocks tend to continue outperforming their peers.

3 Stock-Split Stocks to Buy Hand Over Fist Before They Soar as Much as 204% According to Select Wall Street Analysts

These companies became titans by dominating a single industry, but they're now expanding and seeing success in other areas.

These 2 Dow Stocks Are Set to Soar in 2024 and Beyond

Markets Insider

Indexes rose Thursday as investors reacted to a surprisingly strong increase in retail sales and lower jobless claims.

Stock market today: Dow soars 555 points as strong economic data calms recession worries

Community Voices represent independent, third-party users who have joined our contributor program but not yet verified their accounts. Community Voices are expected, like all users, to adhere to our Community Standards.

community_voice

Devra Lee

Disclaimer: This content was written by Devra Lee for general informational and entertainment purposes only. This service is to provide astrological information that has been researched, recorded, and observed by the author.

Horoscope for Friday, August 23rd

New York Post

Lowe’s cut its annual profit and sales forecasts on Tuesday, echoing bigger rival Home Depot’s concerns of a slim chance of a recovery in home improvement demand this year.

The Federal Reserve was expected to cut interest rates earlier this year, but insufficient proof of easing inflation thus far has kept the rates high, which is affecting home sales, and consequently demand for expensive renovation projects.

“We’re seeing significant implications … people aren’t moving nearly as often as they typically do because current mortgage rates are so much higher,” said CEO Marvin Ellison on a post-earnings call.



Big box retailers peddle Halloween products in...

Lowe’s follows rival Home Depot with dismal profit forecast: ‘People aren’t moving’

Colorado State

Contributors represent independent, third-party users who have joined our contributor program and self-verified their accounts. They have also demonstrated their experience writing hard news for other outlets. Contributors are expected, like all users, to adhere to our Community Standards.

contributor

David Heitz

A bill quietly introduced this spring in the Colorado legislature to decriminalize the possession of drug paraphernalia obtained by harm reductionists has become law. As low-key as the legislation was introduced, the bill was signed into law without fanfare June 6. It garnered little to no media attention.

Colorado legalizes needles, pipes for meth and crack if obtained by harm reduction group

24/7 Wall St.

The market pullback since mid-July has hit growth stocks hard, but corrections often provide buying opportunities. Although some economic slowdown hurdles have been provided to the market, a number of growth stocks remain strong due to their fundamentals. So long as the economy doesn’t completely implode, it’s likely that choice growth stocks will continue to […]
The post 3 Growth Stocks With Sky-High Price Targets Investors Will Love appeared first on 24/7 Wall St..

3 Growth Stocks With Sky-High Price Targets Investors Will Love

Total Apex Sports & Entertainment

What makes today’s date special for your zodiac sign? Today, all zodiac signs are set to experience extraordinary cosmic shifts that would likely affect certain areas of their lives. For some signs, today’s cosmic boost will positively affect their finances. The planets have aligned to bring luck and good fortune their way. Hence, some individuals will feel a special wave of optimism and passion to lay a good foundation for financial abundance.

3 Lucky Zodiac Signs With Financial Abundance | August 22, 2024

With over a year of interest rates continuing to remain above 5%, many investors appear to be taking a more defensive approach to portfolio construction. That’s not to say that capital is increasingly flowing into mega-cap companies that are generally considered to be safer due to their size. In fact, a rotation has been building […]
The post 3 Stocks That Will Pop From a Big Interest Rate Cut appeared first on 24/7 Wall St..

3 Stocks That Will Pop From a Big Interest Rate Cut

The minutes of the Federal Reserve’s late-July policy meeting show that most officials supported possible interest-rate cuts at the next meeting in September. The minutes showed that a “vast majority” of officials said an interest rate cut at the September meeting was likely if data continued to meet expectations.

Federal Reserve Meeting Minutes Show Increasing Support for Interest Rate Cuts

TheStreet

Her flagship Ark Innovation ETF has sunk 21% year to date.

Cathie Wood buys $59 million of pummeled tech stocks

Rates on 30-year mortgage refinance loans dropped another 4 basis points Tuesday, after falling 11 points the day before. That lowers the average to 6.59%—the cheapest level since Dec. 27. Rates showed little to no movement for several other refinance loan types Tuesday, including a minor downtick of 3...

Mortgage Refinance Rates Fall Again—Hitting New 7-Month Low

Initial jobless claims came in at 232,000, a couple thousand higher than economists expected and up from the prior week. One economist said the modest rise showed stability in the labor market and could result in a lower August unemployment figure. The data should help keep the Federal Reserve on...

Jobless Claims Rose Slightly. Here's Why It Won't Move the Unemployment Rate Much

Macy's missed second-quarter revenue and comparable store sales estimates as the retailer faced a tough consumer environment. The biggest U.S. department store chain operator also lowered its guidance because of the drop in sales and the need for more promotions. Macy's shares tumbled on the news. Macy's (M) shares slumped...

Macy's Sales, Outlook Decline as Retailer Faces 'Challenging' Environment

A New York Fed survey showed more than a quarter of respondents were looking for jobs in July, the highest reading in a decade. A record-low 88% of those who had a job four months ago said they still worked the same job. The proportion of workers transitioning to new...

More Workers Are Seeking New Jobs as Wage Dissatisfaction Grows

A big jobs data revision, as well as minutes from the Fed's July meeting, kept Wall Street's focus on Wednesday.

Stock Market Today: Stocks higher with jobs data in focus; Target soars

The states with Tuesday's lowest 30-year new purchase mortgage rates were New York, Florida, Texas, California, Michigan, Georgia, Oregon, and Washington. Meanwhile, the states with the most expensive averages Tuesday were West Virginia, Washington, D.C., North Dakota, South Dakota, Wyoming, Kansas, Vermont, Maine, and Rhode Island. Mortgage rates vary by...

Today's Mortgage Rates by State – Aug. 21, 2024

Eli Lilly shares set a record high on Tuesday after announcing that clinical trials of tirzepatide, the medicine used in the company’s diabetes drug Mounjaro and injectable weight loss treatment Zepbound, significantly reduced the risk of developing type 2 diabetes in patients. The stock has oscillated within a broadening...

Watch These Eli Lilly Price Levels as Stock Sets Record High on Trial Results

While we’ve been eagerly waiting for a rate cut, several sectors have been hit harder than others. Retail sales are very closely watched each month as they are a strong indicator of the economy. The retail sales in June saw a 2.3% year-over-year increase while they jumped only 1% year-over-year in July. The rising prices […]
The post 3 Stocks Ready to Soar After a Fed Rate Cut appeared first on 24/7 Wall St..

3 Stocks Ready to Soar After a Fed Rate Cut

Federal Reserve Chair Jerome Powell will give a speech Friday morning that investors are eagerly anticipating for clues on the timetable for interest rate cuts. While Powell and other Fed officials have said that a rate cut at the next Fed policy meeting in September is possible, the central bank chief is unlikely to provide details on the timing or depth of policy easing.

What to Expect From Federal Reserve Chair Powell's Jackson Hole Speech Friday?

NewsBreak

Analog Devices Stock Rises as It Sees Recovery in Chip Sector

Analog Devices beat third-quarter profit and sales estimates as it sees the slump in the chip sector ending. The company posted sequential gains in revenue from...

Analog Devices Stock Rises as It Sees Recovery in Chip Sector

Comments / 0