Hong Kong markets resume rally as investors weigh China stimulus, oil gains
Asia-Pacific markets traded mixed on Friday, though Hong Kong’s Hang Seng index is up over 2%, resuming its rally.
Dow jumps 300 points for record close as September’s big jobs report spurs rally: Live updates
U.S. stocks advanced on Friday as traders parsed the all-important jobs data.
Boeing, Virgin Galactic settle lawsuit over work on Virgin ‘mothership’
Boeing and Virgin Galactic have settled a lawsuit stemming from Boeing’s work on Virgin Galactic’s space tourism “mothership,” according to a Thursday filing in Virginia federal court.
Looking to invest in the ‘Magnificent Seven’? Dan Niles reveals the 2 he likes
Veteran investor Dan Niles reveals 2 of the Magnificent Seven stocks he likes.
Beyond Novo: Fund manager likes this under-the-radar pharma stock with a weight loss drug in the works
“We like to go find better value in the road less travelled,” Sean Peche of Ranmore Fund Management says of the stock. Analysts give it nearly 30% upside.
Port strike ends as workers agree to tentative deal on wages and contract extension
The strike was the first by the ILA since 1977, and it impacted port operations at 36 different ports, including the 10 busiest ports in North America.
Here’s everything to expect when the September jobs report is released Friday
Nonfarm payrolls are projected to show growth of 150,000, form 142,000 the month before, with a steady unemployment rate of 4.2%.
Trump election conspiracist Tina Peters sentenced to 9 years in prison by Colorado judge
Tina Peters, the former Mesa County, Colorado, clerk, falsely claimed Donald Trump lost the 2020 election to President Joe Biden due to ballot fraud.
A recession is imminent and favored tech stocks set to crater like the ‘Nifty Fifty’ did, BCA Research says
The rise and fall of the Nifty Fifty stocks in the 1970s is a cautionary tale for investors in the Magnificent Seven craze, according to BCA Research.
Stellantis CEO says too soon to confirm 2025 dividend as shares slide
Shares slid their lowest since July 2022 as investors fret that soaring costs of reviving the automaker’s U.S. business will threaten payouts to shareholders.
