Weekly Market Review – June 6, 2020
Stock Markets Stocks climbed higher for the third week in a row, oil jumped, and Treasury yields rose to an 11-week high following a surprising gain in payrolls last month. The U.S. economy added 2.5 million jobs in May, while the unemployment rate declined to 13.3% from April’s record level, suggesting that an economic recovery […]
Weekly Market Review – May 30, 2020
Stock Markets Stocks ended the week higher, with the month of May marking the start of the gradual reopening of the domestic and global economy. A steady but slow decline in new infections has allowed the partial lifting of restrictions, boosting investor confidence. The more cyclical sectors, like financials and industrials, outperformed last week, while […]
Weekly Market Review – May 23, 2020
Stock Markets Global stocks finished higher on optimism over the reopening of the economies and some positive news about progress on vaccine trials. Later in the week some caution returned that raised geopolitical tensions, as China planned to impose a new security law on Hong Kong and as a U.S. Senate bill was introduced that […]
Weekly Market Review – May 16, 2020
Stock Markets Stocks erased most of the prior week’s gains after a string of disappointing economic releases and escalating tensions between the U.S. and China. U.S. retail sales and industrial production registered their steepest declines on record for the month of April, reflecting the full and sudden stop of economic activity. The U.S. administration moved […]
Weekly Market Review – May 9, 2020
Stock Markets Stocks finished higher last week, with energy and technology stocks leading the way. Oil recorded its first back-to-back weekly gain since February, as oil companies are cutting production faster than expected and as signs of increased demand emerged. On the economic front, the April employment report showed that a record 20.5 million jobs […]
Weekly Market Review – May 2, 2020
Stock Markets Even though stocks finished mixed the last week of April, the S&P 500 posted its best month since 1987. Synchronized stimulus initiatives globally improved sentiment from the March stock-market bottom. Volatility has subsided some but remains elevated. Economic data, including first-quarter U.S. GDP, point to broad weakness, marking the start of the recession, […]
Money expert Ramit Sethi shares his 3-step strategy to save money while eliminating debt
On Wednesday, Ramit Sethi, personal finance coach and best-selling author of “I Will Teach You to be Rich,” took over the CNBC Make It Instagram page to answer reader questions and offer financial advice. During the live Q&A session, Sethi fielded questions from CNBC Make It Instagram followers on everything from how to earn more […]
OnePlus 8 Pro will reportedly include wireless charging and waterproofing
It may also come in a lovely seafoam green-like color. Despite their value proposition, OnePlus phones have long had two significant flaws: to date, they’ve never included an official water-resistance rating or support for wireless charging. As the cost of the company’s devices has increased with each subsequent release, that’s something that has started to […]
YouTube Music’s redesigned playback screen includes lyrics
It’s also much easier to shuffle or repeat tracks. YouTube Music is still catching up on features, and this time around it’s one of the most important elements: the Now Playing screen you see whenever you listen. After weeks of testing, the Android version’s updated playback screen includes clearer and more persistent buttons, including Up […]
Capri Holdings Limited (CPRI) and PPL Corporation (PPL)
COLUMBIA MANAGEMENT INVESTMENT A bought a fresh place in Capri Holdings Limited (NYSE:CPRI). The institutional investor bought 1.9 million shares of the stock in a transaction took place on 12/31/2019. In another most recent transaction, which held on 12/31/2019, RUSSELL INVESTMENT MANAGEMENT LL bought approximately 1.8 million shares of Capri Holdings Limited In a separate […]