Do it in the Right Way
Having the most advanced tools for your stock trade is not enough, the role of news cannot be understated. Moreover, having the right information means nothing if you are not able to receive it instantly. With the Proficient Trader App you have free access to the recent news and trends in global financial markets from the most reliable resources, such as Yahoo Finance, CNBC, Forbes, Business Insider, Bloomberg Markets, and the list is growing! After checking news headlines, you may be interested in, with a click of a button, you will be directed to that headline, on that specific website.
All news
US stocks push higher as weekly jobless claims lower than forecast; trade deficit widens
9.45am: Jobless claims provide relief US stocks moved higher in early trading on Thursday after data showed US weekly jobless claims prove lower than forecast, although the trade deficit widened. After 15 minutes of trading, the Dow Jones Industrial Average was up 197 points, or 0.6% at 34,987, while the broader S&P 500 index added 0.3%, and the tech-laden Nasdaq Composite gained 0.2%....
Fed lifts restrictions on JPMorgan imposed after forex manipulation
The Federal Reserve announced Thursday it had lifted a 2015 enforcement action imposed on JPMorgan Chase & Co after the bank pleaded guilty to attempting to manipulate the foreign exchange market....
Goldman Sachs raises its S&P 500 price target to highest on Wall Street as the bank sees earnings growth driving stocks to new highs
The improved outlook arrives as the S&P 500 had already increased by 17% this year, bolstered by a recovering economy and strong corporate earnings....
Jobless Claims Way Above Pre-Pandemic Levels As Labor Shortage Continues
New jobless claims for the week that ended July 31 dropped by 14,000 to 385,000, slightly higher than economists' forecasts of 383,000 and still way above pre-pandemic levels of 218,000. Overall, the numbers are significantly down from the historic high of 6.2 million last April....
What Will the Stock Market Do Today? 3 Big Stories to Watch.
So what will the stock market do today? All eyes are on Covid-19 plays like MRNA and REGN stock following earnings reports....
Tech's pandemic boom is coming to an end
Companies from Apple to Roku warned not to expect the same hyper growth investors saw in 2020....
S&P 500 Index: 9 Months, 9 New Record Highs
Coming out of halftime, North American equity markets have witnessed a leadership reversal among the major stock market indices. Canada has slowed, seeing the TSX rise +0.8% in July, yet remaining higher this year by a healthy 18.2%....
Understanding The Monetary Policy Transmission Mechanism - Mark Dow Joins Alpha Trader (Podcast Transcript)
Stocks falling Tuesday, a day after hitting record highs and a day before J Powell's press conference. Welcome to Alpha Trader, Aaron Task along with Stephen Alpher. We're joined today by Mark Dow, author of the Behavioral Macro Blog, and a former hedge fund manager. Mark welcome back to Alpha Trader....
U.S. Economy Resumes Its Growth Trajectory
The S&P 500 is up more than 17% year-to-date, but as is often said, the stock market isn't the economy. Fortunately, new data support the notion that the U.S. economy is rebounding in earnest from last year's coronavirus recession....
Goldman Sachs Is Now the S&P 500's Biggest Bull
Goldman Sachs, known around Wall Street as the gold standard for analysis and strategy, just became a lot more bullish on where American equities could go from here....
3 Trending Sectors Within Confusing Stock Market
In the past couple of weeks, the stock market has shown to have higher volatility paired with scattered daily price action. With the recent discovery of yet another Covid-19 variant (Lambda) and with the spread of the highly contagious delta variant, we could be seeing the market begin to rotate into its next trend....
Delta, Lambda Covid Variants Still Weighing On Market Despite Positive Earnings Reports
The market is still in a waiting mode, with a lot hinging on tomorrow's jobs report. Predictions of a volatile, choppy week in the equity markets did not disappoint on Wednesday as the market continued to ride waves of concern about Lambda, the Delta variant's apparent successor, supply-chain concerns, and strong quarterly earnings while awaiting the end-of-the-week Labor Department payroll report....
Mortgage rates fall to lowest level in six months amid delta variant concerns
Investors are taking a wait-and-see approach when it comes to the latest phase of the pandemic....
U.S. Stocks Take Gold In The Global Reopening Race
Global equity markets have diverged widely lately, with European and US stocks strongly outperforming the rest of the world. Despite recent strength, Europe has performed roughly in line with its global peers since last year....
US stocks edge higher as fall in weekly jobless claims eases labor-market concerns
US stocks regained some ground Thursday after a selloff the prior session driven by lackluster private payroll data....
U.S. stock benchmarks open higher Thursday after weekly jobless report
U.S. stock indexes rise tentatively Thursday morning, after data showed weekly jobless benefit claims fell slightly as expected and investors began positioning for the monthly jobs report on Friday that will help shape views on how long the Federal Reserve's bond-buying program will continue. The Dow Jones Industrial Average gained 120 points, or 0.3%, at 34,912, the S&P 500 index rose 0.3% to 4,414, while the Nasdaq Composite Index advanced 0.2% at 14,804....
Analysis: Stagflation? Recession?
If bond markets are taken at their word, the world post-pandemic will be defined by stagflation, a toxic scenario that appears at odds with the bounceback indicated by robust economic data and record-high equities....
Fastly Sinks, Etsy Tumbles, and Stocks Are Edging Higher
Stocks were set for a higher open after initial jobless claims met expectations....
Economic Report: U.S. trade deficit jumps 6.7% to record high as imports surge
The U.S. trade deficit climbed 6.7% in June to an all-time high, reflecting a big appetite among Americans for imports. Higher prices for oil and other goods also played a role....
U.S. trade deficit jumps to record high in June on strong import growth
The U.S. trade deficit surged to a record high in June as efforts by business to rebuild inventories to meet robust consumer spending drew in more imports....
U.S. weekly jobless claims fall; layoffs lowest in more than 21 years
The number of Americans filing new claims for unemployment benefits declined further last week, while layoffs dropped to their lowest level in just more than 21 years in July as companies held on to their workers amid a labor shortage....
Economic Report: U.S. jobless claims fall again to 385,000 as unemployment shrinks despite rise of delta
The number of people who applied for U.S. unemployment benefits at the end of July fell close to a pandemic low, indicating the economy has avoided major damage so far from the delta strain of the coronavirus. Initial jobless claims dropped by 14,000 to 385,000....
2.9M workers still on jobless benefits as weekly claims remain high
Continuing claims fell by 366,000 from just over 3.26 million the week before, according to data released Thursday by the Labor Department....
New US jobless claims slide to 385,000 while continuing claims hits pandemic low
Continuing claims, which track the number of Americans receiving unemployment, have been on the decline as states prematurely cut extra UI payments....
Stock Futures Inch Higher as Jobless Claims Data Land
European and Asian markets were more mixed Thursday amid a wave of corporate earnings....
U.S. jobless claims total 385,000, matching estimates
Initial claims for unemployment insurance were expected to total 385,000 for the week ended July 31, according to economists surveyed by Dow Jones....
Job growth is picking up again, but the Delta spike could change that
America's job market recovery is chugging along, but worries about the Delta variant derailing progress are rampant. Even as economists anticipate the best gains since last summer in Friday's jobs report, persistently high unemployment claims and a big miss in the private sector payroll report put a damper on the excitement....
Why We're Still Buying REITs, Not Tech
Why We're Still Buying REITs, Not Tech...
Coming at 8:30: latest data on unemployment claims — see economist forecast here
Coming at 8:30: latest data on unemployment claims — see economist forecast here...
What The Bond Market Is Saying
The yields on longer-term bonds are falling at a time when people are expecting the economy to pick up steam and even experience more inflation....
Bond Report: Treasury yields edge lower ahead of jobless-claims data
Yields edge lower Thursday as investors awaited weekly data on jobless claims and geared up for Friday's July jobs report, after the Treasury market took a wild ride in the previous session....
Return of the fat cats? Bank bonuses rise as profits rebound
Europe's banks are stashing cash to pay bumper bonuses to top performers, amid a deal frenzy driven by pent up demand from the COVID-19 pandemic and rebounding bank profits....
Wall Street sticks with back to office plans as Delta variant sparks fears
Wall Street's biggest banks are sticking by their decisions to make employees return to the office in the coming weeks even as public health officials around the globe warn about the aggressive nature of COVID-19's Delta variant....
Stock futures climb ahead of weekly jobless claims
Stock futures ticked higher ahead of weekly jobless claims Thursday....
ISMs And ADPs - So Many Letters, Too Few Specific Numbers
The ISM's Non-manufacturing PMI rose sharply in July 2021, four big points, up to 64.1 and handily beating estimates. This was in opposition to the slowdown trend which Manufacturing ISM displayed only too well two days ago. Though, the ADP release corroborates the sense of another economic slowdown....
Chart Of The Moment: Cracks In China's Great Wall Of Debt
The China high yield bond market is facing growing credit and default risks....
US stocks set for a slightly higher open ahead of US trade deficit data and weekly unemployment claims
US stocks look set for a slightly higher open on Thursday ahead of US trade deficit data and weekly unemployment claims and in advance of Friday's key July non-farm payrolls that could provide further clues to the path of economic recovery from the coronavirus (COVID-19) pandemic. Futures for the Dow Jones Industrial Average were up 0.1%, S&P 500 index futures rose 0.2%, while Nasdaq-100 futures also gained 0.2%....
US stocks look set for a slightly higher open ahead of US trade deficit data and weekly unemployment claims
US stocks look set for a slightly higher open on Thursday ahead of US trade deficit data and weekly unemployment claims and in advance of Friday's key July non-farm payrolls that could provide further clues to the path of economic recovery from the coronavirus (COVID-19) pandemic. Futures for the Dow Jones Industrial Average were up 0.1%, S&P 500 index futures rose 0.2%, while Nasdaq-100 futures also gained 0.2%....
5 things to know before the stock market opens Thursday
U.S. stocks futures were steady as investors look ahead to Thursday's jobless claims data and Friday's employment report....
Futures Movers: Oil prices up slightly after logging 3-day losing streak
Oil futures trade slightly higher, attempting a bounce after a sharp, three-day losing streak tied in part to worries over the spread of the delta variant of the coronavirus that causes COVID-19....
U.S. Stock Market Futures Inch Higher Ahead of Jobless Claims and Trade Data
European and Asian markets were more mixed Thursday amid a wave of corporate earnings....
Futures rise ahead of weekly jobless claims data
U.S. stock index futures rose on Thursday ahead of data expected to show fewer Americans filed for unemployment benefits, while investors looked to another busy day of corporate earnings reports....
Today's Stock Market News & Events: 8/5/2021
Today initial and continuing jobless claims are on deck, as well as a trade deficit reading for June....
Liquidity Trap: Private Leverage To Hinder Bank Loan Growth
Private-sector leverage is too onerous to sustain high levels of new bank loan growth....
Analysis-Democrats see chance to reset Wall St. oversight when top Fed official steps down
The looming exit of the Federal Reserve's top regulatory official will give Democrats an opportunity to reverse the central bank's Wall Street-friendly course without ditchingChair Jerome Powell when his term expires next year....
Growth Stocks Will Be the Market's Biggest Winners as Yields Plunge
The bond market is pricing this in by sending yields lower. And the stock market is pricing this in by sending growth stocks higher....
US futures shake off hawkish Fed comments ahead of jobs data, while China stocks fall after fresh shots fired at online gaming
Fed Vice Chair Richard Clarida said the central bank remains on course to announce tapering bond purchases by this year....
Investors Should Watch Out: The Fed's Reverse Repos Are Exploding!
The Federal Reserve's use of an instrument called "reverse repos" is exploding. Investors should beware....
The Motley Fool
3 Reasons to Invest in S&P 500 ETFs, and 2 Reasons Not to
Is this investment right for you?...
Seeking Alpha
Understanding The Monetary Policy Transmission Mechanism - Mark Dow Joins Alpha Trader (Podcast Transcript)
Stocks falling Tuesday, a day after hitting record highs and a day before J Powell's press conference. Welcome to Alpha Trader, Aaron Task along with Stephen Alpher. We're joined today by Mark Dow, author of the Behavioral Macro Blog, and a former hedge fund manager. Mark welcome back to Alpha Trader....
U.S. Stocks Take Gold In The Global Reopening Race
Global equity markets have diverged widely lately, with European and US stocks strongly outperforming the rest of the world. Despite recent strength, Europe has performed roughly in line with its global peers since last year....
Why We're Still Buying REITs, Not Tech
Why We're Still Buying REITs, Not Tech...
What The Bond Market Is Saying
The yields on longer-term bonds are falling at a time when people are expecting the economy to pick up steam and even experience more inflation....
ISMs And ADPs - So Many Letters, Too Few Specific Numbers
The ISM's Non-manufacturing PMI rose sharply in July 2021, four big points, up to 64.1 and handily beating estimates. This was in opposition to the slowdown trend which Manufacturing ISM displayed only too well two days ago. Though, the ADP release corroborates the sense of another economic slowdown....
Chart Of The Moment: Cracks In China's Great Wall Of Debt
The China high yield bond market is facing growing credit and default risks....
Liquidity Trap: Private Leverage To Hinder Bank Loan Growth
Private-sector leverage is too onerous to sustain high levels of new bank loan growth....
See It Market
S&P 500 Index: 9 Months, 9 New Record Highs
Coming out of halftime, North American equity markets have witnessed a leadership reversal among the major stock market indices. Canada has slowed, seeing the TSX rise +0.8% in July, yet remaining higher this year by a healthy 18.2%....
3 Trending Sectors Within Confusing Stock Market
In the past couple of weeks, the stock market has shown to have higher volatility paired with scattered daily price action. With the recent discovery of yet another Covid-19 variant (Lambda) and with the spread of the highly contagious delta variant, we could be seeing the market begin to rotate into its next trend....
Schaeffers Research
Today's Stock Market News & Events: 8/5/2021
Today initial and continuing jobless claims are on deck, as well as a trade deficit reading for June....
Reuters
Fed lifts restrictions on JPMorgan imposed after forex manipulation
The Federal Reserve announced Thursday it had lifted a 2015 enforcement action imposed on JPMorgan Chase & Co after the bank pleaded guilty to attempting to manipulate the foreign exchange market....
Analysis: Stagflation? Recession?
If bond markets are taken at their word, the world post-pandemic will be defined by stagflation, a toxic scenario that appears at odds with the bounceback indicated by robust economic data and record-high equities....
U.S. trade deficit jumps to record high in June on strong import growth
The U.S. trade deficit surged to a record high in June as efforts by business to rebuild inventories to meet robust consumer spending drew in more imports....
U.S. weekly jobless claims fall; layoffs lowest in more than 21 years
The number of Americans filing new claims for unemployment benefits declined further last week, while layoffs dropped to their lowest level in just more than 21 years in July as companies held on to their workers amid a labor shortage....
Return of the fat cats? Bank bonuses rise as profits rebound
Europe's banks are stashing cash to pay bumper bonuses to top performers, amid a deal frenzy driven by pent up demand from the COVID-19 pandemic and rebounding bank profits....
Wall Street sticks with back to office plans as Delta variant sparks fears
Wall Street's biggest banks are sticking by their decisions to make employees return to the office in the coming weeks even as public health officials around the globe warn about the aggressive nature of COVID-19's Delta variant....
Futures rise ahead of weekly jobless claims data
U.S. stock index futures rose on Thursday ahead of data expected to show fewer Americans filed for unemployment benefits, while investors looked to another busy day of corporate earnings reports....
Analysis-Democrats see chance to reset Wall St. oversight when top Fed official steps down
The looming exit of the Federal Reserve's top regulatory official will give Democrats an opportunity to reverse the central bank's Wall Street-friendly course without ditchingChair Jerome Powell when his term expires next year....
PYMNTS
Jobless Claims Way Above Pre-Pandemic Levels As Labor Shortage Continues
New jobless claims for the week that ended July 31 dropped by 14,000 to 385,000, slightly higher than economists' forecasts of 383,000 and still way above pre-pandemic levels of 218,000. Overall, the numbers are significantly down from the historic high of 6.2 million last April....
Proactive Investors
US stocks push higher as weekly jobless claims lower than forecast; trade deficit widens
9.45am: Jobless claims provide relief US stocks moved higher in early trading on Thursday after data showed US weekly jobless claims prove lower than forecast, although the trade deficit widened. After 15 minutes of trading, the Dow Jones Industrial Average was up 197 points, or 0.6% at 34,987, while the broader S&P 500 index added 0.3%, and the tech-laden Nasdaq Composite gained 0.2%....
US stocks set for a slightly higher open ahead of US trade deficit data and weekly unemployment claims
US stocks look set for a slightly higher open on Thursday ahead of US trade deficit data and weekly unemployment claims and in advance of Friday's key July non-farm payrolls that could provide further clues to the path of economic recovery from the coronavirus (COVID-19) pandemic. Futures for the Dow Jones Industrial Average were up 0.1%, S&P 500 index futures rose 0.2%, while Nasdaq-100 futures also gained 0.2%....
US stocks look set for a slightly higher open ahead of US trade deficit data and weekly unemployment claims
US stocks look set for a slightly higher open on Thursday ahead of US trade deficit data and weekly unemployment claims and in advance of Friday's key July non-farm payrolls that could provide further clues to the path of economic recovery from the coronavirus (COVID-19) pandemic. Futures for the Dow Jones Industrial Average were up 0.1%, S&P 500 index futures rose 0.2%, while Nasdaq-100 futures also gained 0.2%....
New York Post
2.9M workers still on jobless benefits as weekly claims remain high
Continuing claims fell by 366,000 from just over 3.26 million the week before, according to data released Thursday by the Labor Department....
Market Watch
Mortgage rates fall to lowest level in six months amid delta variant concerns
Investors are taking a wait-and-see approach when it comes to the latest phase of the pandemic....
U.S. stock benchmarks open higher Thursday after weekly jobless report
U.S. stock indexes rise tentatively Thursday morning, after data showed weekly jobless benefit claims fell slightly as expected and investors began positioning for the monthly jobs report on Friday that will help shape views on how long the Federal Reserve's bond-buying program will continue. The Dow Jones Industrial Average gained 120 points, or 0.3%, at 34,912, the S&P 500 index rose 0.3% to 4,414, while the Nasdaq Composite Index advanced 0.2% at 14,804....
Economic Report: U.S. trade deficit jumps 6.7% to record high as imports surge
The U.S. trade deficit climbed 6.7% in June to an all-time high, reflecting a big appetite among Americans for imports. Higher prices for oil and other goods also played a role....
Economic Report: U.S. jobless claims fall again to 385,000 as unemployment shrinks despite rise of delta
The number of people who applied for U.S. unemployment benefits at the end of July fell close to a pandemic low, indicating the economy has avoided major damage so far from the delta strain of the coronavirus. Initial jobless claims dropped by 14,000 to 385,000....
Coming at 8:30: latest data on unemployment claims — see economist forecast here
Coming at 8:30: latest data on unemployment claims — see economist forecast here...
Bond Report: Treasury yields edge lower ahead of jobless-claims data
Yields edge lower Thursday as investors awaited weekly data on jobless claims and geared up for Friday's July jobs report, after the Treasury market took a wild ride in the previous session....
Futures Movers: Oil prices up slightly after logging 3-day losing streak
Oil futures trade slightly higher, attempting a bounce after a sharp, three-day losing streak tied in part to worries over the spread of the delta variant of the coronavirus that causes COVID-19....
Market Snapshot: U.S. stock futures rise as key jobs report looms
U.S. stock futures rose on Thursday, as investors began positioning for a key jobs report that will help shape views on how long the Federal Reserve's bond-buying program will continue....
InvestorPlace
What Will the Stock Market Do Today? 3 Big Stories to Watch.
So what will the stock market do today? All eyes are on Covid-19 plays like MRNA and REGN stock following earnings reports....
Growth Stocks Will Be the Market's Biggest Winners as Yields Plunge
The bond market is pricing this in by sending yields lower. And the stock market is pricing this in by sending growth stocks higher....
Fox Business
Stock futures climb ahead of weekly jobless claims
Stock futures ticked higher ahead of weekly jobless claims Thursday....
Forbes
Investors Should Watch Out: The Fed's Reverse Repos Are Exploding!
The Federal Reserve's use of an instrument called "reverse repos" is exploding. Investors should beware....
ETF Trends
U.S. Economy Resumes Its Growth Trajectory
The S&P 500 is up more than 17% year-to-date, but as is often said, the stock market isn't the economy. Fortunately, new data support the notion that the U.S. economy is rebounding in earnest from last year's coronavirus recession....
CNN Business
Job growth is picking up again, but the Delta spike could change that
America's job market recovery is chugging along, but worries about the Delta variant derailing progress are rampant. Even as economists anticipate the best gains since last summer in Friday's jobs report, persistently high unemployment claims and a big miss in the private sector payroll report put a damper on the excitement....
CNBC
Tech's pandemic boom is coming to an end
Companies from Apple to Roku warned not to expect the same hyper growth investors saw in 2020....
U.S. jobless claims total 385,000, matching estimates
Initial claims for unemployment insurance were expected to total 385,000 for the week ended July 31, according to economists surveyed by Dow Jones....
5 things to know before the stock market opens Thursday
U.S. stocks futures were steady as investors look ahead to Thursday's jobless claims data and Friday's employment report....
Business Insider
Goldman Sachs raises its S&P 500 price target to highest on Wall Street as the bank sees earnings growth driving stocks to new highs
The improved outlook arrives as the S&P 500 had already increased by 17% this year, bolstered by a recovering economy and strong corporate earnings....
US stocks edge higher as fall in weekly jobless claims eases labor-market concerns
US stocks regained some ground Thursday after a selloff the prior session driven by lackluster private payroll data....
New US jobless claims slide to 385,000 while continuing claims hits pandemic low
Continuing claims, which track the number of Americans receiving unemployment, have been on the decline as states prematurely cut extra UI payments....
US futures shake off hawkish Fed comments ahead of jobs data, while China stocks fall after fresh shots fired at online gaming
Fed Vice Chair Richard Clarida said the central bank remains on course to announce tapering bond purchases by this year....
Benzinga
Delta, Lambda Covid Variants Still Weighing On Market Despite Positive Earnings Reports
The market is still in a waiting mode, with a lot hinging on tomorrow's jobs report. Predictions of a volatile, choppy week in the equity markets did not disappoint on Wednesday as the market continued to ride waves of concern about Lambda, the Delta variant's apparent successor, supply-chain concerns, and strong quarterly earnings while awaiting the end-of-the-week Labor Department payroll report....
Barrons
Fastly Sinks, Etsy Tumbles, and Stocks Are Edging Higher
Stocks were set for a higher open after initial jobless claims met expectations....
Stock Futures Inch Higher as Jobless Claims Data Land
European and Asian markets were more mixed Thursday amid a wave of corporate earnings....
U.S. Stock Market Futures Inch Higher Ahead of Jobless Claims and Trade Data
European and Asian markets were more mixed Thursday amid a wave of corporate earnings....
24/7 Wall Street
Goldman Sachs Is Now the S&P 500's Biggest Bull
Goldman Sachs, known around Wall Street as the gold standard for analysis and strategy, just became a lot more bullish on where American equities could go from here....