Author: super@dmin
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Outside the Box: There are two key reasons to be optimistic about chip stocks
Beyond concerns about global growth and trade disputes, the semiconductor industry looks positive, powered by the Internet of Things, says Janus Henderson’s Denny Fish.
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Asia Markets: Asian markets add on to Monday’s gains
Asian markets rose modestly in early trading Tuesday, adding on to Monday’s big gains as encouraging economic data from China tempered fears of a global economic slowdown.
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The Tell: Erdogan’s election setback sparks investor uncertainty about Turkey’s lira, financial markets
Turkish President Recep Tayyip Erdogan suffers a blow in local weekend elections, setting the stage for more near-term uncertainty for investors, according to ABN Amro.
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Market Extra: Fearless Girl? State Street gender fund fails to live up to its name, says Morningstar
The SPDR Gender Diversity ETF supported just 20% of gender diversity resolutions, says Morningstar.
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Market Extra: Here are three times when the Fed denied the yield curve’s recession signals, and were wrong
Here are a few times when the Fed was wrong about the yield curve
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Toast fetches $2.7 billion valuation as payments fervor continues
Restaurant-technology company Toast announces a new funding round, nearly doubling its private-market valuation in less than a year and underscoring a general enthusiasm for software-focused names in the payments space.
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Cannabis Watch: Biggest-ever U.S. cannabis acquisition deal helps boost buying in marijuana sector
Shares of Origin House fall Monday, although Chicago-based Cresco Labs Inc. said it was buying the Canada-based cannabis company in a stock deal valued at C$1.1 billion, but the deal did help inspire buying interest in the broader marijuana sector.
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Metals Stocks: Gold ends further below $1,300 as stock market revs higher to start second quarter
Gold futures finish lower Monday after upbeat readings on economic activity in China and the U.S. help to momentarily soothe some worries over global growth, providing a lift to equity markets and a drag on assets perceived as havens.
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Market Snapshot: Dow jumps back above 26,000 as China data eases global growth worries
U.S. stocks climb late-morning Monday, the first day of the new quarter, as Wall Street get an apparent boost from better-than-expected economic reports here and in China, momentarily allaying fears of flagging economic growth.
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Pay attention to the stock market’s golden cross but not for the reason you may read about
A golden cross, usually a bullish signal, derives its power from investors following and acting on it.