Archive List for NYSE

Mortgage rates have pulled back for the third straight week, with the 30-year fixed rate mortgage rate falling to 7.44%, the lowest level since September 28. Jeff Taylor, MPhasis Digital Risk Founder, joins Yahoo Finance to discuss what rates could look like going forward. Taylor explains a key takeaway from this drop in mortgage rates: “I think the big sort of news is look at the CPI dropping this month, we are starting to get closer to 2%, as Chairman Powell said we still have a period of time to go, and also the Fed decided obviously not to raise. So I think sort of the sentiment is okay we […]

Warren Buffett’s Berkshire Hathaway (BRK-A, BRK-B) has sold its stake in several major companies, including General Motors (GM) and Johnson & Johnson (JNJ). Berkshire Hathaway’s biggest holdings remain Apple (AAPL), Bank of America (BAC), and American Express (AXP) in recent 13F filings. Portfolio Wealth Advisors President and CIO Lee Munson joins Yahoo Finance Live to weigh in on the possible reasons for the firm’s decision to exit its positions. Munson notes Buffett is “holding on” to investments in companies such as Bank of America due to the net profit boost a possible 2024 bond rally could bring. Munson sheds light on Buffett’s strategy which appears to be changing, insisting that […]

Presidents Biden and Xi Jinping met Wednesday at the APEC summit, with both sides deeming talks constructive. They agreed to reopen military communications and increase cooperation on climate change and the environment. However, key disputes around technology sanctions and fentanyl trafficking went unresolved. Xi and Biden made no apparent progress on these issues amid ongoing trade and security tensions. Yahoo Finance Senior Reporter Rick Newman analyzes critical points left out of the leaders’ meeting, including China’s support for Russia as geopolitical tensions in Ukraine continue. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live. #youtube #Biden #Xi Subscribe to […]

Nvidia (NVDA) shares have begun to enter overbought territory for the first time since July of this year. Nvidia is part of an array of technology stocks rebounding amid cooling inflation and hopes that Federal Reserve interest rates have peaked. On Monday, the company announced several updates on its artificial intelligence processors, giving a boost in trading. Yahoo Finance Reporter Jared Blikre joins the Live show to break down the semiconductor giant’s previous win streak. 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 #youtube #tech #yahoofinance About Yahoo Finance: At Yahoo Finance, you […]

Barclays strategists are forecasting global equities to outpace bonds in 2024 as markets navigate a soft economic landing. The bank predicts mid- to high single-digit stock returns amid moderate growth and slowing inflation. This outlook contrasts Barclays’ previous “cash is king” mindset. Yahoo Finance Live examines Barclays’ evolving perspective on stocks. 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 #youtube #stockmarket #yahoofinance About Yahoo Finance: At Yahoo Finance, you get free stock quotes, up-to-date news, portfolio management resources, international market data, social interaction and mortgage rates that help you manage your financial life. […]

The US housing market is long overdue to catch a break as experts believe peaking mortgage rates have come just in time alongside Fed forecasts planning for interest rate cuts in 2024. Redfin Chief Economist Daryl Fairweather tells Yahoo Finance this could be a set up for a slow recovery for homebuyers. “It’s going to be more of a slow trickle of people deciding that ‘you know, I can’t wait any longer and I want to move,'” Fairweather comments, “but a strong economy does mean that more people are moving for job opportunities — they feel more confident, they feel like even though rates are high, they can make it […]