IPOs overall beat the market this year despite some ‘mega busts’
Ethan Brown, founder and chief executive officer of Beyond Meat Inc., center, rings the opening bell during the company’s initial public offering (IPO) at the Nasdaq MarketSite in New York, U.S., on Thursday, May 2, 2019. Beyond Meat’s successful initial...
Market closes early, Santa rally period begins, Richmond Fed data: 3 things to watch for on Tuesday
Traders work on the floor of the New York Stock Exchange. Michael Nagle | Bloomberg | Getty Images Here are the most important things to know about Tuesday before you hit the door. 1. Early close We’ll get a short...
Robert Shiller: A Trump effect could drive the record market rally through 2020
Nobel-prize winning economist Robert Shiller believes the record market rally could last months — if not more. He suggests there’s an emotional high gripping the market right now that shows little signs of fading. “I put Trump as the primary...
Defense stocks could soar again in 2020 after massive defense spending jump
U.S. Air Force F-16 Fighting Falcon aircraft assigned to the Thunderbirds perform aerial maneuvers on Aug. 3, 2014. Tech. Sgt. Chris Hibben | U.S. Air Force WASHINGTON — Geopolitical uncertainty coupled with a colossal uptick in U.S. military spending could...
Chip stocks are the top performers of the decade as the industry’s products infiltrate everything
Integrated circuits on a circuit board. The semiconductor industry has been in focus during the U.S.-China trade war. filonmar | E+ | Getty Images When top-rated analyst Stacy Rasgon initiated his coverage on semiconductors in June 2009, little did he...
New home sales, Santa rally, Star Wars’ first weekend box office: 3 things to watch for on Monday
Daisy Ridley as Rey in “Star Wars: The Rise of Skywalker.” Disney | Lucasfilm Here are the most important things to know about Monday before you hit the door. 1. New home sales First up, we’ll know how many U.S....
Xi Jinping says ‘phase one’ trade deal benefits both US and China, seeks to sign as soon as possible
Chinese President Xi Jinping Aris Messinis | Pool | Reuters Chinese leader Xi Jinping said on Friday the “phase one” trade deal is beneficial to both China and the U.S., according to state-run media agency Xinhua. “The first-phase economic and...
Venues face challenge to make FX acquisitions pay their way
Exchanges have been busy bolting on new acquisitions during the past 18 months. Shareholders of the London Stock Exchange (LSE) have approved its deal to purchase Refinitiv, a financial data business that was carved out of Thomson Reuters and bought...
US third-quarter economic growth unrevised at 2.1%
U.S. economic growth nudged up in the third quarter, the government confirmed on Friday, and there are signs the economy more or less maintained the moderate pace of expansion as the year ended, supported by a strong labor market. Gross...
Here’s what happened to the stock market on Thursday
Specialist trader Michael Pistillo Jr. wears a dow 23,000 hat, after the dow briefly traded above 23,000, at his post on the floor of the New York Stock Exchange in New York, October 17, 2017. Brendan McDermid | Reuters Dow...
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