Stock futures are flat to kick off the week with the S&P 500 just inches from a record

Traders work on the floor of the New York Stock Exchange. NYSE Stock futures are flat as the S&P 500 attempts to make a run at a record high this week amid optimism about the economy’s ongoing reopening this summer. S&P 500 futures added less than 0.1%. Dow Jones Industrial average futures gained 15 points, … Read more

The Alluring Twenties: What would it take to replicate the 1920s?

A year ago, prospects for the global economy seemed bleak. Economic activity had come to a screeching halt amidst nation-wide lockdowns and trade disruptions. Industrial output had dipped out of charts and unemployment skyrocketed. The ripple effects caused due to this pause in economic activity were feared to lead into a long-pending recession. However, in … Read more

AMC, meme stocks could spark more heat in the week ahead as investors await inflation news

Traders work on the floor of the New York Stock Exchange. NYSE Inflation data is a highlight of the week ahead, as investors focus on economic news in the void between earnings season and the next Fed meeting. May’s consumer price index is scheduled to be reported Thursday, and it could be hot after it … Read more

Revenge of the blue chips: Shares of legacy stocks are beating their disruptors this year

Visitors watch fireworks explode over the Shanghai Disneyland castle at an event to mark the first anniversary of the opening of the park. STR | AFP | Getty Images Legacy companies are having the last laugh against their disruptor counterparts in 2021. Yet, Wall Street expects the innovation stocks will retake the lead again eventually. … Read more

Stock futures are flat ahead of May’s jobs report

U.S. stock futures were little changed in overnight trading Thursday ahead of the May jobs report. Dow Jones Industrial Average futures rose just 9 points. S&P 500 futures lost 0.01% and Nasdaq 100 futures ticked 0.03% lower. Investors have been waiting for the Labor Department’s release of May’s nonfarm payrolls report that comes out Friday … Read more

Stocks making the biggest moves in the premarket: AMC, BlackBerry, Express, FireEye & more

Take a look at some of the biggest movers in the premarket: AMC Entertainment (AMC) – AMC filed to sell up to 11.55 million common shares “from time to time,” according to a Securities and Exchange Commission filing, but cautioned against investing in the stock due to recent moves “unrelated to our underlying business.” AMC … Read more

Stock futures are flat after muted Wall Street session

Traders at the New York Stock Exchange, June 2, 2021. Source: NYSE U.S. stock futures were flat on Wednesday night following a quiet day of trading. Futures for the Dow Jones Industrial Average inched up 8 points, or less than 0.1%. S&P 500 and Nasdaq 100 futures also gained marginally. During the regular session, the … Read more

AMC rally continues as shares jump in after-hour trading

The AMC Empire 25 off Times Square is open as New York City’s cinemas reopen for the first time in a year following the coronavirus shutdown, on March 5, 2021. Angela Weiss | AFP | Getty Images The AMC Entertainment buying frenzy continued as shares of the movie theater chain jumped in extended trading on … Read more

Hedge fund assets soar to record high amid boom in trading profits

Traders on the floor of the New York Stock Exchange. Source: NYSE The pandemic era has been great for hedge funds, which have seen their assets boom to a record amid high hopes for the economy and huge government spending. Total assets for the industry swelled to $4.07 trillion as of the end of March, … Read more

Alternative investments platform Yieldstreet raises $100 million amid pandemic growth

Yieldstreet co-founders Milind Mehere (L) and Michael Weisz Source: Yieldstreet Alternative investments platform Yieldstreet — which is aiming to democratize private investing opportunities historically reserved for the top 1% — announced Wednesday a $100 million series C funding round. For the last six years, New York-based start-up Yieldstreet has been giving its users access to a category … Read more