Archive List for stocks

Mortgage rates, home prices should fall in 2024: Economist

2023 has been a turbulent year for the housing market as 30-year fixed mortgage rates flirt with 8% while housing prices continue rising. Housing Inventories and potential home buyers have dropped off as a result. Redfin Chief Economist Daryl Fairweather joins Yahoo Finance to discuss why the housing market may have some relief on the horizon and trends in the US housing market for 2024. “In the most likely scenario, we expect rates to come down to around 6.5-6% by the end of the year, which isn’t a huge relief but it’s enough to make hundreds of dollars of a difference for a potential homebuyer,” Fairweather says. For more expert […]

Market’s 2024 hopes for rate cuts are ‘overdone’: BlackRock

BlackRock (BLK) released its 2024 outlook, avoiding concrete predictions on potential Fed rate cuts despite recent market moves betting on easing monetary policy. With analysts divided on whether the Fed engineers a soft landing or the economy ultimately heads into a recession, BlackRock states that post-pandemic data has not shown reliability for confident projections. Against this backdrop of uncertainty, Yahoo Finance’s Josh Schafer analyzes BlackRock’s perspectives, providing insights into its cautious tone on the trajectory of inflation heading into the new year. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live. About Yahoo Finance: Yahoo Finance provides free stock […]

U.S. job openings fall to 8.7 million in October, suggesting a cooling labor market

The latest Job Openings and Labor Turnover Survey (JOLTS) data released Tuesday morning shows US job openings decreased to 8.7 million in October, the lowest level since March 2021. Sectors recording fewer openings included healthcare, social assistance, finance, insurance, real estate, and rentals. However, the information industry saw openings rise by almost 39,000. The JOLTS report lands ahead of Friday’s anticipated jobs data. Yahoo Finance’s Jared Blikre analyze the fall in openings and what the weakening labor demand indicates for the market. #youtube #stockmarket #job About Yahoo Finance: Yahoo Finance provides free stock ticker data, up-to-date news, portfolio management resources, comprehensive market data, advanced tools, and more information to help […]

Stock market outlook: Investors shouldn’t be on autopilot in 2024: Truist Co-CIO

Investors are gearing up for 2024 and trying to figure out how to allocate their investments. Truist Co-Chief Investment Officer Keith Lerner joins Yahoo Finance Live anchors Seana Smith and Brad Smith to provide insight on what investors should consider doing with their portfolios. Lerner advises investors to be prepared to “shift within the market” depending on what economic data shows. So what sort of catalysts should investors be looking for to make a shift? Lerner says to look to see what the market oversold or overbought, earnings trends, and relative price strength. If two out of those three things are moving in a certain direction, that would “lead us […]

Job openings fall in October, lowest since 2021

The latest Job Openings and Labor Turnover Survey (JOLTS) data released Tuesday morning shows US job openings decreased to 8.7 million in October, the lowest level since March 2021. Sectors recording fewer openings included healthcare, social assistance, finance, insurance, real estate, and rentals. However, the information industry saw openings rise by almost 39,000. The JOLTS report lands ahead of Friday’s anticipated jobs data. Yahoo Finance’s Seana Smith and Brad Smith analyze the fall in openings and what the weakening labor demand indicates for the market. #youtube #jobs #stockmarket About Yahoo Finance: Yahoo Finance provides free stock ticker data, up-to-date news, portfolio management resources, comprehensive market data, advanced tools, and more […]

BlackRock receives $100K in seed funding for spot bitcoin ETF

A Securities and Exchange Commission filing revealed BlackRock (BLK) received $100,000 from a currently unknown seed investor for a proposed spot bitcoin ETF. Many companies, including Fidelity, Invesco, Grayscale, and others are patiently waiting for SEC approval for a spot bitcoin ETF. Bitcoin (BTC-USD) is up more than 20% for the month as sentiment grows bullish for the cryptocurrency on approval hopes. Yahoo Finance Jared Blikre joins the Live show to break down the latest numbers and developments surrounding BlackRock and bitcoin. #youtube #crypto #yahoofinance About Yahoo Finance: Yahoo Finance provides free stock ticker data, up-to-date news, portfolio management resources, comprehensive market data, advanced tools, and more information to help […]

China’s credit rating downgraded, here’s what it means for Tesla, Apple, Nike, LVMH

Moody’s cuts its credit outlook for China’s government over rising debt, slowing economic growth, and risks in the nation’s property sector. Yahoo Finance Reporter Madison Mills joins the Live show discussion on how China-exposed companies Nike (NKE), Tesla (TSLA), Caterpillar (CAT), and Apple (AAPL) have been reacting to a slowing Chinese economy and how their own performances have been reflected in the Chinese market. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live. Subscribe to Yahoo Finance: https://yhoo.it/2fGu5Bb About Yahoo Finance: Yahoo Finance provides free stock ticker data, up-to-date news, portfolio management resources, comprehensive market data, advanced tools, and […]

Why home purchasing has slowed for older millennials

Economic uncertainty has dealt a heavy blow to the housing market. A Bank of America survey found over 50% of millennials view homeownership as more important nowadays than in previous generations. However, older millennials specifically are battling housing headwinds preventing them to successfully buy property. Yahoo Finance’s Dani Romero examines the pressing issues facing millennials seeking homeownership, including soaring student loan debt, rising credit card delinquencies, and other mounting costs like child care. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live. #youtube #realestate #yahoofinance Subscribe to Yahoo Finance: https://yhoo.it/2fGu5Bb About Yahoo Finance: Yahoo Finance provides free stock ticker […]

Consumer spending ‘will soften’ in 2024, CFRA analyst says

Consumer goods companies have been a hot topic of discussion amongst investors ever since Goldman Sachs predicted that the global weight loss drug market could become a $100 billion market by 2030. However, after Walmart (WMT) warned these drugs could be impacting its food sales, some investors became concerned about what it could mean for food-related stocks. Arun Sundaram, CFRA Analyst, joins Yahoo Finance to discuss the impact GLP-1 drugs have had on the market and whether investors should continue to be worried about the growing trend in its use. Sundaram says plainly: “I think the near-term reaction to these GLP-1 drugs are bit overblown, if you look at the […]

Stock Market Outlook 2024: On a bull case scenario S&P could reach 5,300, strategist says

RBC Capital Markets Head of U.S. Equity Strategy Lori Calvasina spoke to Yahoo Finance anchors Josh Lipton and Julie Hyman about the outlook for the stock market in 2024 and why she believes the S&P could reach 5,300. #youtube #stockmarket #investing Subscribe to Yahoo Finance: https://yhoo.it/2fGu5Bb About Yahoo Finance: Yahoo Finance provides free stock ticker data, up-to-date news, portfolio management resources, comprehensive market data, advanced tools, and more information to help you manage your financial life. Connect with Yahoo Finance: Check the latest news and data at finance.yahoo.com Follow Yahoo Finance on social: Connect with Yahoo Finance: Get the latest news: https://yhoo.it/2fGu5Bb Find Yahoo Finance on Facebook: http://bit.ly/2A9u5Zq Follow Yahoo […]