Many of 2021’s record ETF launches are ESG-related, but it may not move the needle enough, CEO warns

The growing supply of environmental, social and governance-related exchange-traded funds won’t be enough to meaningfully mitigate broad issues such as climate change, Van Eck Associates’ CEO says. “ESG is good as a coherent investment approach on a fund-by-fund basis to make a difference and it’s good signaling, but to put it in perspective, it’s not … Read more

Wall Street analysts name their favorite stocks going into the fourth quarter

Bank of America is favoring tech and consumer stocks going into the final three months of the year. Source link

Stocks making the biggest moves midday: Microsoft, Applied Materials, Moderna and more

Internet company Microsoft’s China office building is seen in Shanghai, China, Dec. 8, 2020. Costfoto | Barcroft Media | Getty Images Check out the companies making headlines in midday trading. Tech stocks — Tech stocks dropped as the benchmark 10-year Treasury yield touched a high of 1.567% Tuesday. Twitter fell 4.7%, Microsoft and Google lost … Read more

The rally in recovery-focused stocks could depend on consumers and the Fed in the week ahead

Investors bid up cyclical stocks in the past week, but the economy will have to prove that the reflation trade — a bet on economic growth — is the way to go as concerns about Covid linger. Markets are deep in the dog days of August. That means the Federal Reserve and key data, particularly … Read more

Cramer’s week ahead: Retail earnings and consumer spending

Investors will get to learn more about the pandemic’s ongoing impact on the consumer economy as retailers prepare to issue quarterly earnings reports, CNBC’s Jim Cramer said Friday. The industry will have its time in the spotlight on Wall Street after the Commerce Department on Friday said that retail sales were unchanged in the month … Read more

Earnings reports and the Fed will test the market rally in the week ahead

A Wall Street sign is seen near the New York Stock Exchange (NYSE) in New York City, May 4, 2021. Brendan McDermid | Reuters Investors will see whether stocks carry their newfound momentum into the week ahead, as major retailers, including Walmart and Home Depot, report earnings and housing data dominates the calendar. The Federal … Read more

Here are Wednesday’s biggest analyst calls of the day: Amazon, Monster, GameStop, Dick’s & more

Here are the biggest calls on Wall Street on Source link

Stimulus prospects could boost the stock market and interest rates in the week ahead

New York Stock Exchange (NYSE) at Wall Street on January 12, 2021 in New York City. Angela Weiss | AFP | Getty Images The prospects of a big government spending program could continue to boost the stock market and put upward pressure on interest rates in the week ahead. Earnings season is beginning to wind … Read more

A popular tech ETF jumped to a record Thursday. Here are the stocks driving the gains

A person crosses a street during a snow storm, amid the coronavirus disease (COVID-19) pandemic, in the Manhattan borough of New York City, New York, U.S., February 1, 2021. Carlo Allegri | Reuters The Technology Select Sector SPDR Fund hit a new record high on Thursday, continuing a strong start to the year for the … Read more