Month: May 2019

Federal Reserve Chairman Jerome Powell holds a news conference following the two-day Federal Open Market Committee (FOMC) policy meeting in Washington, U.S., March 20, 2019. Jonathan Ernst | Reuters Federal Reserve officials speaking at a policy conference may get a lot more attention than usual in the week ahead after President Donald Trump’s latest tariff
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U.S. equities are falling hard on Friday, continuing a week of losses, as a cavalcade of global macro factors weigh on sentiment. The big news was that President Donald Trump is threatening to enact tariffs against Mexico unless it curbs illegal immigration through the southern U.S. border. This caps long-running hints that Trump could close
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Union Pacific cargo train with multiple box cars approaching the camera as it prepares to cross a level railroad crossing near Jamestown, California, December 17, 2017. Smith Collection/Gado | Archive Photos | Getty Images A number of American companies could see their sales decline if trade relations between the United States and Mexico deteriorate as a
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Fortinet Inc (NASDAQ:FTNT) is a cybersecurity firm that’s been around for nearly 20 years. The company went public about a decade ago, in the teeth of the financial crisis, and has a checkered history in the markets. Source: Shutterstock Considering the sector Fortinet stock is in, that was certainly a better time to launch a
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The owners of Intel Corporation (NASDAQ: INTC) stock cannot be happy. INTC stock benefited from the stock-market rally from January to April, but the climb of Intel stock price ended when the company admitted it faced major challenges ahead. What exactly caused Intel to cut both its second-quarter and full-year guidance? Intel’s Guidance Miss Intel
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The continuing weakness in the stock market is starting to cause concern. Technical analysts, in particular, are suggesting that if the S&P 500 ETF (NYSEARCA:SPY) falls any farther, it will trigger a steep correction. Other indexes are looking shaky too. The small-caps, represented by the iShares Russell 2000 ETF (NYSEARCA:IWM), are down nearly 9% from their
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Check out the companies making headlines before the bell: Big Lots – The discount retailer reported adjusted quarterly earnings of 92 cents per share, compared to a consensus estimate of 70 cents a share. Revenue was slightly above forecasts, although comparable-store sales were up a less-than-expected 1.5%. Big Lots also raised its full-year profit forecast.
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It’s easy to assume that the problems facing Nvidia (NASDAQ:NVDA) will pass relatively soon. The Nvidia stock price is down about 50% from early October highs, but most chip stocks have struggled. Trade war concerns aren’t helping. The company is lapping quarters boosted by cryptocurrency demand. Source: Shutterstock At some point, a bull could argue,
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