On the surface, the growth story for exchange traded funds continues: The U.S. ETF business ended 2019 with $4.4 trillion in assets under management, a 30% increase from 2018, according to etf.com. The number of ETFs also increased 8%, to 2,302. Thanks to th…
This is a live blog. Check back for updates. 10:01 am: Utilities stocks are the most ‘overbought’ ever While the seemingly unstoppable rally has put many growth stocks in overbought condition, it’s surprising that stable utility names have also perhaps gone…
Check out the companies making headlines before the bell: American Express (AXP) American Express reported quarterly earnings of $2.03 per share, 2 cents a share above estimates. Revenue was slightly above consensus. The financial services giant said revenue…
With the Chinese trade deal out of the way, earnings could be the biggest driver for stocks in the week ahead, as big tech, financial, consumer and industrial companies report. So far, the early rush of earnings are beating estimates at a pace of about 70%. …
Worldwide oil demand forecasts may be lower than in previous years, but OPEC Secretary-General Mohammed Barkindo said Friday to CNBC that demand growth is still “robust” and could surprise to the upside over the course of 2020 as trade tensions subside. “By …
Chase Freedom®’s bonus categories are revealed each quarter so there’s always new opportunities to earn extra rewards. If you don’t plan out your monthly spending in advance and are looking to maximize rewards without paying an annual fee, this card can be a …
Best Buy’s board is probing allegations that the electronics retailer’s CEO Corie Barry had an inappropriate romantic relationship with another company executive. The board had received an anonymous letter that said Barry years-long relationship with former …
The Treasury Department is issuing a 20-year bond for the first time in 34 years to help pay for the ballooning $1 trillion dollar budget deficit. The Treasury announced the new issue Thursday, and strategists said it could start trading as early as May. Tre…
Three of China’s biggest technology companies Baidu, Alibaba and Tencent have had mixed fortunes in 2019. The trio, known by the acronym BAT, like the FAANG stocks in the U.S., have faced a barrage of domestic issues against a backdrop of the U.S.-China trad…
Meng Wanzhou, chief financial officer of Huawei Technologies Co., leaves the Supreme Court in Vancouver, British Columbia, Canada, on Tuesday, Oct. 1, 2019. The highly-anticipated extradition trial of Huawei’s Chief Financial Officer Meng Wanzhou kicks off o…
Take a look at the companies making headlines after the bell. Shares of KB Home fell more than 1.5% in extended trading after the company reported lighter-than-expected revenue for its fourth quarter. The homebuilder posted $1.31 in earnings per share and $1…
U.S. government debt prices were slightly higher Thursday morning as investors continued to look for safety amid tensions in the Middle East. At around 2:20 a.m. ET, the yield on the benchmark 10-year Treasury note, which moves inversely to price, was lower …