The price of gold moved to the downside over the course of the trading day on Tuesday, extending the downward trend seen over the past few sessions. After falling $9 or 0.5 percent to $1,936.60 an ounce on Monday, gold for December delivery slid $16.80 or 0.9 percent to $1,919.80 an ounce. With the continued decrease on the day, the […]

Uncertainty around the trajectory for interest rates has made the overall energy market extremely volatile. This is hurting the prospects of upstream and downstream businesses, thereby making the outlook for the Zacks Oil and Gas Integrated International industry gloomy. Among the companies in the industry that will probably survive the business challenges are Exxon Mobil Corporation XOM, Chevron Corporation CVX, Shell plc […]

The futures were lower to kick off the last trading week for September and the third quarter. Once again, all the major indexes finished Friday and the week lower. Investors may need to remain wary, as the last 10 trading days of September are typically the worst 10-day period all year, and with institutional accounts looking to secure gains for […]

While most of Wall Street focuses on large-cap and mega-cap stocks, as they provide a degree of safety and liquidity, many investors are limited in the number of shares they can buy. Many of the biggest public companies, especially the technology giants, trade in the hundreds, all the way up to over $1,000 per share or more. At those steep […]

Several large asset management firms in the US have closed over twenty environmental, social, and corporate governance (ESG) funds in 2023 due to poor performance and amid greenwashing allegations. The US SEC also recently adopted a new rule to clamp down on funds that falsely advertise ESG strategies. More ESG Funds Closed in 2023 than Previous 3 Years Prominent money […]

Despite a beat down to end last week, the Nasdaq is still up a stunning 32% so far in 2023, while the S&P 500 is 16.4% higher year to date. While both are strong moves higher after a dismal 2022, the reality is the Magnificent 7 (Alphabet, Amazon, Apple, Meta, Microsoft, Nvidia and Tesla), which make up 28% of the […]

Movie theater company AMC’s stock was not anything special. AMC was the largest company in its sector. Threatened by a consumer move to streaming, many people worried about its future, but traffic to its locations was steady enough. The pandemic nearly bankrupted it, as people fled public places and turned to streaming almost completely. It appeared AMC would go under. […]

Save articles for later Add articles to your saved list and come back to them any time. The mortgage market faces a turning point, experts say, as new fixed mortgage rates have stayed below variable rates for several months and predictions grow that the cash rate has peaked. National Australia Bank and Westpac last week became the latest banks to […]

Ford Motor Company (F) has recently been on Zacks.com’s list of the most searched stocks. Therefore, you might want to consider some of the key factors that could influence the stock’s performance in the near future. Shares of this company have returned +6.7% over the past month versus the Zacks S&P 500 composite’s +0.5% change. The Zacks Automotive – Domestic […]

In August, the U.S. retail sector presented a multifaceted performance. Retail sales for the month exceeded expectations, primarily driven by a sharp increase in gasoline prices, a consequence of production cuts enacted by Saudi Arabia and the OPEC+ alliance. This rise in gasoline prices translated into higher spending at gasoline stations. However, this surge impacted consumers’ budgets, particularly as families […]