Archive List for Market

Tech stocks have buoyed stock investors’ returns this year, but Comerica Wealth Management CIO John Lynch says a new era is coming. Lynch says he is “”concerned”” about certain market dynamics, such as the energy sector outperforming consumer discretionary. Lynch also thinks the recent rise in 10-year Treasury yields is “”a function of Treasury issuance, which could be up another 20, 25% over the course of the next year.”” Subscribe to Yahoo Finance: https://yhoo.it/2fGu5Bb 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. Yahoo Finance Plus: With a […]

The discussions over who will serve as House speaker continue. House Minority Leader Hakeem Jeffries said informal talks are underway for a bipartisan solution. Representative Jim Jordan is nominated for House speaker, but still needs majority of the House votes. Yahoo Finance Senior Columnist Rick Newman discusses the latest news on the House speaker race. Subscribe to Yahoo Finance: https://yhoo.it/2fGu5Bb 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. Yahoo Finance Plus: With a subscription to Yahoo Finance Plus get the tools you need to invest with confidence. […]

Bitcoin’s price is hovering around $28,000 as investors anticipate the SEC’s decision regarding the first-ever spot Bitcoin ETF. Yahoo Finance’s Jennifer Schonberger reports on what the possible outcomes are—what this could mean for Grayscale. Subscribe to Yahoo Finance: https://yhoo.it/2fGu5Bb 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. Yahoo Finance Plus: With a subscription to Yahoo Finance Plus get the tools you need to invest with confidence. Discover new opportunities with expert research and investment ideas backed by technical and fundamental analysis. Optimize your trades with advanced portfolio […]

Taylor Swift’s Eras Tour concern film premiered over the weekend, making and breaking monumental box office records. Yahoo Finance Entertainment Reporter Alexandra Canal joins Rachelle Akuffo to discuss what the Eras Tours’ box office performance could mean for movie theaters ahead of Beyoncé’s own Renaissance concert film premiere. Subscribe to Yahoo Finance: https://yhoo.it/2fGu5Bb 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. Yahoo Finance Plus: With a subscription to Yahoo Finance Plus get the tools you need to invest with confidence. Discover new opportunities with expert research and […]

Earning season is well underway with banks JPMorgan (JPM), Citigroup (C), and Wells Fargo (WFC) reporting solid results. Despite this, some bank executives are saying there is still cause for concern. JPMorgan Chase CEO Jamie Dimon warns of danger ahead and notes that the firm is preparing for a “broad range of outcomes.” Wall Street Journal Reporter Ben Eisen joins Yahoo Finance Live to break down the factors surrounding the protective measures some banks are taking. “”A lot of the bank executives are sort of signaling we’re at a crossroads at this point,”” Eisen states, noting consistent consumer spending and the downside of higher interest rates. Subscribe to Yahoo Finance: […]

JPMorgan has increased its estimates on how much the United Auto Workers strike will cost Ford (F) and General Motors (GM) per day as the strike continues. The firm has also estimated that the strike already cost both companies over $500 million each. In addition, EV maker Tesla (TSLA) is facing pressure from increased competition and unenthusiastic consumers. A poll from Yahoo Finance shows 57% of respondents claim they’re unlikely to purchase an EV as their next car. AutoBlog Editor-in-Chief Greg Migliore joins the Live show to break down the details of the ongoing strike and the challenges that Tesla faces. Migliore expresses his optimism for Tesla: “”As you take […]

“Taylor Swift’s Eras Tour concert film broke box office records in its theatrical debut, boasting the highest-ever concert film premiere while simultaneously becoming the highest-grossing concert film ever. Box Office Pro Chief Analyst Shawn Robbins sits down with Yahoo Finance Live to talk about the Eras Tour’s box office performance and the ways in which Taylor Swift’s brand and recent NFL appearances have had a spillover effect with the film’s premiere. “”Taylor has a very loyal, dedicated fan base that turns out, and really drove those pre-sales, and ended up making it very front-loaded in that aspect,”” Robbins explains. “”And I think that’s what caused a lot of volatility in […]

This segment originally aired on October 10, 2023. Major importers and shipping companies are anticipating a leaner year as cargo rates to and from China have seen major declines in 2023. Port of Los Angeles Executive Director Gene Seroka explains the boost in shipments to West Coast ports as businesses diversify their trade with countries outside of just China. “We’re starting to see importers ship cargo to the West Coast that normally would go to Panama because of the drought,” Seroka tells Yahoo Finance. “Second, with the dock workers’ contract that was just ratified in August, that was a pretty quick switch of cargo back to the West Coast, and […]