Latest News

Tech mega caps faced renewed declines, causing stock markets to struggle as bond yields rose. The S&P 500 experienced a volatile week which ended with a small 0.30% loss, while the Nasdaq was down nearly 2%.

U.S. equities closed the week mixed as the S&P 500 oscillated. Tech giants reported mixed earnings, affecting market sentiment. Concerns over fiscal stability and rising bond yields weighed on investor confidence.

So, you’ve saved some money and intend to get to work on building an investment portfolio. Great! It’s time to do a little bit of research to figure out which investment products are right for you.

Investors remain optimistic as U.S. data supports the “Goldilocks” scenario of a balanced economy with key inflation indicators easing while positive economic outlook fuels speculation that the economy can avoid a recession.

The Nasdaq was slightly positive on Friday, attempting to recover losses from the previous session following disappointing earnings from Tesla and Netflix, leading the index 0.57% lower this week.

There are so many misconceptions about investing and financial markets in general. Often, these commonly held investing beliefs – myths – prevent some people from benefiting from stock market investing.

Equity markets had another positive month as the S&P 500 was up 6% in June, bringing year-to-date returns to 14.5%, while the Nasdaq is officially back in bull market territory, up 36.7% year-to-date.

Earnings season kicked off with positive quarterly earnings from JP Morgan, Wells Fargo, and Citigroup, who all benefited from higher interest rates, while Pepsi and Delta Airlines also exceeded lowered expectations as consumers demonstrate a willingness to spend despite higher prices.

U.S. stocks trimmed gains following mixed hiring data this week, the S&P 500 traded off recent highs with lower volume and closed the week down 1.15%, while the Nasdaq fell 0.90%.