Earnings Overshadow Ukraine Concerns, Stocks Rise to End Shortened Trading Week (Bloomberg)
Positive earnings outweighed concerns over continuing tensions in Ukraine in the minds of investors, who sent the S&P 500 up to end the week, the market’s best since July. The U.S. markets will be closed tomorrow. “Any deceleration of the conflict will be a relief for the market,” Terry Morris, a senior equity manager at Wyomissing, Pennsylvania-based National Penn Investors Trust Co., said. “Combine the ease of the tension between Russia and Ukraine and generally a positive tone of earnings, the result is an upward drifting market.”
There is a famous saying that has been floating around the internet regarding the “Five…
Today is May 1, a day that’s also known as “May Day” in many countries…
Ten reasons to day-trade with mentors in a virtual room highlight why now is a…
Last year’s fourth-quarter downtrend for inflation looks to have bottomed out at just under the…
The intrinsic and extrinsic value of an option make up the total value of the…
Picture this: You've diligently saved for retirement your whole career, dutifully contributing to your 401(k),…