Author: super@dmin
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Bank of America’s stock takes a hit after a warning on net interest income
Shares of Bank of America Corp. took a dive in early trading Tuesday, after a warning that growth in net interest income for the year will fall short of expectations, as a slowing economy caps longer-term interest rates.
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Market Snapshot: Stocks inch toward record territory as Nasdaq trades above 8,000 points
U.S. stocks are rising as earnings season picks up steam.
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Bond Report: Treasury yields rise as firm tone for equities saps haven demand
Treasury prices fall Tuesday as U.S. equities set to climb at the opening bell, sapping demand for government paper.
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The Technical Indicator: Charting the S&P 500’s slow-motion approach of record territory
Technically speaking, the S&P 500 has reached less-charted territory at six-month highs, rising within striking distance of its record close, writes Michael Ashbaugh.
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Economic Report: Industrial production weakens further in March
Industrial production fell 0.1% in March, the Federal Reserve said Tuesday. This is the fourth straight month of weak readings.
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Need to Know: Global growth and stocks could be set for lift off, says UBS
Our call of the day, from a team of UBS strategists, says investors have been too negative when it comes to global growth expectations, and that’s good news for equities.
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Mastercard taps into buy-now, pay-later trend with acquisition of Vyze
Mastercard Inc. is wading into the buy-now, pay-later movement as consumers adopt a more nuanced view of credit purchases.
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German optimism, China stimulus kicks Europe markets into gear
Action by the PBOC and robust survey data from Germany produced a rally
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NerdWallet: Here’s why you should learn to love your robo adviser
Many investors have seen the big advantages of letting computers run their portfolios.
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Asia Markets: Asian markets mixed in lackluster trading
Shares were mixed Tuesday in Asia in mostly narrow trading in the absence of any major market-driving news.