Stocks were mixed on Friday morning following a deeper sell-off after Israel’s retaliatory strike on Iran spooked the market overnight and spurred a rush to safe havens such as gold. The Dow Jones Industrial Average (^DJI) rose 0.5%. The S&P 500 (^GSPC) fell about 0.2%, pulling the benchmark index back to its 5,000 level, while […]
Tag: Dips
Stocks Climb With Earnings in Focus as Dollar Dips: Markets Wrap
(Bloomberg) — Stocks advanced and Treasuries edged higher as global markets steadied after the turbulence earlier in the week. Asian currencies rallied as authorities pushed back against a stronger dollar. Most Read from Bloomberg Europe’s Stoxx 600 index climbed 0.3% while US futures pointed to the S&P 500’s first gains in five days at the […]
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Johnson & Johnson Stock Dips On Light Sales, But Earnings Beat Forecasts
Early Tuesday, Johnson & Johnson (JNJ) reported adjusted earnings of $2.71 per share on $21.38 billion in first-quarter sales. Johnson & Johnson stock dipped a fraction. X Analysts polled by FactSet expected the pharma and medtech behemoth to earn $2.64 per share and report $21.39 billion in sales. During the year-earlier period, Johnson & Johnson […]
Bitcoin Price Dips Over 5% After Easter Weekend
Bitcoin Price Dips Over 5% After Easter Weekend After Bitcoin (BTC) made an attempt to retest the $68,000 support level on April 1, it faced further weakness as the largest cryptocurrency broke below the $68,000 level, falling 5.38% to trade at $66,700 at the time of writing. BTC has declined by 6.3% since the start […]
Would-be Tesla buyers snub company as Musk’s reputation dips
By Hyunjoo Jin and Nick Carey SAN FRANCISCO/LONDON (Reuters) – The ranks of would-be Tesla buyers in the United States are shrinking, according to a survey by market intelligence firm Caliber, which attributed the drop in part to CEO Elon Musk‘s polarizing persona. While Tesla continued to post strong sales growth last year, helped by […]
Sarasota-Manatee condo market dips, while single-family home prices remain high
After years of fewer homes for sale than usual, the local real estate market has noticeably shifted in early 2024, with a major milestone that indicates trends now put buyers on equal footing with sellers, and in some instances, buyers now hold the dominant position. The number of single-family homes for sale in Sarasota and […]
Stock Market Today: Dow Jones Dips As Donald Trump Stock Rockets; Bill Ackman AI Play Eyes Entry Amid Monster Run
The Dow Jones Industrial Average and other major indexes fell Monday even as artificial intelligence players Super Micro Computer (SMCI) and Nvidia (NVDA) rallied. A Bill Ackman stock neared a buy point while Donald Trump-linked Digital World Acquisition (DWAC) soared on the stock market today. Meanwhile, bitcoin and related stocks popped. X Even as the […]
2 High-Yield Dividend Stocks Near 52-Week Lows. Time to Buy the Dips?
Investors looking for stocks that can deliver heaps of passive income might want to turn their heads toward the healthcare sector. Right now, there are a couple of beaten-down stocks offering above-average dividend yields. After falling a long way over the past 12 months, shares of Pfizer (NYSE: PFE) offer a 6.1% dividend yield at […]
Costco earnings beat profit estimates while revenue misses slightly, stock dips
Costco (COST) once again bulked up its earnings as it reported fiscal 2024 Q2 results. The wholesale club posted adjusted earnings per share (EPS) of $3.92, soundly beating estimates of $3.62. Revenue came in at $58.44 billion, up 5.7% year over year, but slightly lower than expectations of $59.04 billion, per Bloomberg data. Same-store sales, […]
New designer Sean McGirr dips into the archives for divisive Alexander McQueen debut
The eyes of the fashion world were closely watching the Alexander McQueen autumn/winter 2024 collection at Paris Fashion Week, which opened with a throwback to the past. A black latex dress, worn by a model whose hands were wrapped up on her chest, harked back to the spring/summer 1999 collection and a similar look worn […]
New poll shows Zelenskyy’s approval dips 5 points in Ukraine after departure of General Zaluzhnyi
Trust in President Volodymyr Zelenskyy decreased by about 5 percentage points immediately after Valerii Zaluzhnyi stepped down as Commander-in-Chief of the Armed Forces of Ukraine, according to the Omnibus public opinion poll conducted by the Kyiv International Institute of Sociology and published on Feb. 15. Read also: Survey reveals Ukrainians trust in military, but trust […]