The U.S. dollar is looking shaky. Barring some sort of currency meltdown, a weaker dollar should be a positive for equities, though foreign stocks will likely benefit more, analysts said. The ICE U.S. Dollar Index DXY, -0.36%, a measure of the currency against a basket of six major rivals fell …
Read More »Housing staying strong amid market volatility
Tech stocks took a hit this week, dragging Wall Street down with them. The Dow Jones Industrial average saw a sharp sell off Thursday, dropping around 400 points. Apple, Amazon and Microsoft all took losses with Microsoft faltering by 4%. Travel also took a huge hit, with companies like Southwest …
Read More »Market Snapshot: S&P 500 tops 3,200 and Nasdaq hits record, lifted by renewed hope of coronavirus vaccine
Stocks rallied Monday as investors cheered news that the Food and Drug Administration granted “fast track” status to a pair of vaccine candidates produced by Pfizer Inc. and German biotech firm BoNTech SE. The upbeat mood on Wall Street comes even as investors prepare for a tough earnings season. What …
Read More »Here’s what the rest of the year may hold for the stock market, according to the analysts who got the pandemic call right
There’s a lot of uncertainty in financial markets right now — and a lot of vacillating, which can sometimes feel like the same thing. Many analysts believe markets will bounce back and forth for some time, driven by headlines, not fundamentals, until some big issues — the U.S. presidential election, …
Read More »In One Chart: The stock market is poised for a summer of gains, forecaster predicts
Stocks got off to a red-hot start to the week, with the Nasdaq cruising to record highs on Monday, and while the gloom-and-doom set have plenty of reason to believe it won’t last, Economic Cycle Research Institute co-founder Lakshman Achuthan doesn’t see it that way. At least that’s what his …
Read More »Market Extra: Commercial real estate ‘somehow has been skipped over,’ for COVID-19 aid. Here’s a plan to change that through equity investments
Commercial real estate’s COVID-19 woes can’t be patched up with more debt. That’s Lisa Pendergast, executive director of the CRE Finance Council, an industry group focused on the $ 4.6 trillion commercial real estate finance market, on the pile of problems confronting properties as a result of the coronavirus pandemic. …
Read More »Market Extra: Is the stock market closed Friday? For 4th of July, here’s everything investors need to know about trading hours and closures
Independence Day falls on Saturday this year, meaning that U.S. financial markets will be closed on Friday. The New York Stock Exchange and Nasdaq will be shuttered at the conclusion of regular trade Thursday, while the bond market will close an hour early, at 2 p.m. Eastern on Thursday, and …
Read More »Market Extra: 7 reasons the stock market may face a severe bout of turbulence next week and beyond—only one is rising coronavirus cases
Buckle up, Wall Street investors! The ride from here could get a lot bumpier after the Dow registered its worst one-day loss since June 11 on Friday, knocking the blue-chip index to its lowest point since May 26, and at least momentarily knocking the wind out of equity investors who …
Read More »Movement adds Navy veteran Darren Corder to Delaware market
Movement Mortgage, a national top 10 retail mortgage lender, is excited to announce the addition of Darren Corder and his team to our Delaware market. Corder is a United States Navy and Delaware National Guard veteran, serving 12-plus years in the military. While serving, Darren was a military recruiter, where …
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