Stock Market

U.S. stock futures are trending higher this morning. Wall Street is shifting its focus from corporate earnings to the Federal Reserve this week. The central bank will offer up minutes from its latest meeting this Wednesday, while Fed Chairman Jerome Powell will give a speech in Jackson Hole at the Fed’s annual summer retreat. Heading
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U.S. stock futures are pushing higher this morning. The market is set for a positive open, with sentiment improving toward U.S. trade relations. Specifically, the U.S. and China reportedly hope to resolve trade dispute issues by November. However, 25% tariffs on $16 billion in Chinese imports go into effect this week. China is expected to
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PepsiCo (NASDAQ:PEP) is spending $3.2 billion cash to acquire at-home carbonated drinks-maker SodaStream International (NASDAQ:SODA), the companies announced today. The deal values SODA stock at $144 per share, a 32% premium to its 30-day volume weighted average price. Israel-based SodaStream makes machines, flavorings and refillable cylinders that enable consumers to make their own soda or carbonated water drinks. The
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Even though shares of Starbucks (NASDAQ:SBUX) have rallied about 10% over the past few weeks, SBUX stock remains lower by roughly 10% for the year. Along the way Starbucks shares violated some crucial technical support areas, which is just one reason why, in my eye, this name has plenty of downside in store. Before digging into some charts, I
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The three-day losing streak for stocks was quelled yesterday and in rather decisive fashion. The S&P 500’s close of 2839.96 on Tuesday was 0.64% better than Monday’s last print, rekindling hopes that the large-cap index may reach record-high levels sooner rather than later. Advanced Micro Devices (NASDAQ:AMD) did most of the heavy lifting — again
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