'Crowded' megacap trade in US stocks awaits earnings test
Related Articles
-
Asia stocks hesitant, US payrolls dent rate cut wagers
Asian shares started the week on a subdued note on Monday, while the dollar firmed as investors weighed when the US Federal Reserve will start cutting rates in the wake of yet another blowout jobs report. Oil prices fell nearly two per cent as Middle East tensions eased after Israel withdrew more soldiers from southern […]
-
Trump Media stock erases all gains since it began trading as DJT shares fall another 11% Monday
Shares of Trump Media have erased all their gains since they began trading under the ticker DJT last month. As of Monday afternoon, the stock was priced at about $36 — down from a high of $66 seen March 27. But experts say it's hard to draw any firm conclusions about what the stock price's movement means. That's because so many available shares — about 12%, one of the highest ratios of any active stock listing — reflect traders' bets that the stock will fall, said Ihor Dusaniwsky, managing...
-
Stock Market Today: Stocks Closed Mixed in Choppy Trading
Volatility returned as market participants adjusted their expectations for rate cuts.