Examining the stock market’s pain points as it tries to hold onto this bounce from the lows

“Some discomfort is normal but call me if the pain gets bad,” the doctor will say, leaving it up to the patient to determine the line between the tolerable and the worrisome. Investors in the five months since stocks peaked have mostly been feeling a typical degree of discomfort for the procedure the economy and … Read more

Dan Niles explains why we are still in a bear market rally

Hedge fund manager Dan Niles believes US stocks are in a bear market and could still see further volatility ahead — despite some brief rallies. Here’s how he’s trading the bear market. US stocks have endured a torrid sell-off this year amid a troubling macro backdrop and an increasingly negative corporate outlook. Trading in US … Read more

US jobs data in focus

LONDON — European markets rose on Friday morning with traders focused on US jobs data released later in the session. The German DAX was up 0.4%, the French CAC rose 0.3% and the Italian FTSE MIB was flat in morning deals. The UK’s FTSE 100 is closed on Friday for the Queen’s Platinum Jubilee celebrations. … Read more

Jim Cramer says to pick up shares of Deere for an ‘absurd’ bargain

CNBC’s Jim Cramer on Thursday urged investors to purchase shares of Deere at the start of the next trading session. “I’ve told you to buy Deere all year. Liked it even more when Russia invaded Ukraine, because … it’s created a powerful bull market in all things agriculture,” the “Mad Money” host said. “This is … Read more

5 things to know before the stock market opens Thursday, June 2

Here are the most important news, trends and analysis that investors need to start their trading day: 1. Stock futures rise as Wall Street tries to rebound from Wednesday’s losses A trader works on the trading floor at the New York Stock Exchange (NYSE) in Manhattan, New York, April 11, 2022. andrew kelly | Reuters … Read more

These stocks offer a smooth ride and cash payout in a turbulent market

Markets have logged wild swings in recent weeks and the new month kicked off Wednesday in similar fashion. But even in an unpredictable market, several companies are well-positioned to offer a good dividend payout and low volatility. Stocks are grappling with a murky start to the year as the Federal Reserve hikes rates and shrinks … Read more

The market wants a soft landing for the economy. Why it may not get it

What does the stock market want? Two things: an easing of supply chain issues and a soft landing for the US and global economy. The first is showing signs of improvement. The second is going to be more elusive. Daimler Truck became one of the latest companies to say they were pushing past the global … Read more

Traders assess data, OPEC meeting

LONDON — European markets climbed Thursday as traders continued to assess new data on inflation and economic activity. The German DAX rose 0.4%, the French CAC was up 0.6% and the Italian FTSE MIB climbed 0.4%. The UK’s FTSE 100 was closed on Thursday and Friday for the Queen’s Platinum Jubilee celebrations. European traders are … Read more

Buy this pure-play rare earths company with exposure to the booming EV market, BMO says

Electric vehicles and the energy transition more broadly depend on a host of raw materials beyond the commonly known metals like lithium and copper. Rare earths — a group of 17 metallic elements — are key for EVs, and BMO Capital Markets said miner MP Materials should be on investors’ radars given the company’s focus … Read more

SeatGeek terminates deal to go public with Billy Beane’s SPAC due to market volatility

General Manager Billy Beane of the Oakland Athletics. Michael Zagaris | Oakland Athletics | Getty Images Ticketing platform SeatGeek and black-check firm RedBall Acquisition Corp. decided to terminate their $1.35 billion take-public deal amid a roller-coaster market. The move was a result of current unfavorable market conditions, particularly impacting growth technology companies, according to SeatGeek … Read more