Dow Jones Rises After Jobless Claims; Tesla Slides To New Low On Downgrade
Stock Market Today: The Dow Jones rose Thursday after initial unemployment claims. And Tesla stock hit a new low on a downgrade.
Stock Market Today: The Dow Jones rose Thursday after initial unemployment claims. And Tesla stock hit a new low on a downgrade.
Enbridge (TSX:ENB) stock has barely moved in the last few years, with ongoing issues. But there are still reasons that could make it work for investors. The post 3 Reasons to Buy Enbridge Stock Like There’s No Tomorrow appeared first on The Motley Fool Canada.
'Momentum in the Canadian economy appears to have faded quickly'
Bitcoin sells off alongside stocks amid wider market jitters. But now the technical backdrop for cryptos is even weaker.
These three growth stocks have surged in share price in the last year and yet have proven they can keep doing it time and time again. The post 3 Roaring Stocks to Hold for the Next 20 Years appeared first on The Motley Fool Canada.
TC Energy is a blue-chip dividend stock that is positioned to grow its payouts in the near term. But is TRP stock a good buy? The post A Dividend Giant I’d Buy Over TC Energy Stock appeared first on The Motley Fool Canada.
These five companies offer strong returns. The post Dividend Royalty: 5 Fabulous Stocks to Buy Now for Decades of Passive Income appeared first on The Motley Fool Canada.
TFSA investors could capitalize on these top Canadian stocks to generate tax-free capital gains and dividend income. The post TFSA: 3 Canadian Stocks to Buy and Hold Forever appeared first on The Motley Fool Canada.
The Canadian dollar strengthened against its U.S. counterpart on Wednesday, clawing back some of the previous day's sharp decline, as the Federal Reserve's signaling about prospects for interest rate cuts was not as hawkish as some investors had feared. The loonie was trading 0.5% higher at 1.3710 to the U.S. dollar, or 72.94 U.S. cents, after it touched intraday on Tuesday an 11-day low at 1.3784. The currency has been pressured in recent weeks by a wider gap between U.S. and Canadian yields as investors anticipated a delayed start to Fed rate cuts.
Given her no nonsense approach to building wealth, it's not surprising that financial guru, Emmy-winning TV host and popular podcaster Suze Orman recommends certain risk-averse investments to her...
If you're looking for growth, look for cheap stocks in the right sector. And these three Canadian stocks offer exactly that. The post Long-Term Investing: 3 Top Canadian Stocks You Can Buy for Under $20 a Share appeared first on The Motley Fool Canada.
WASHINGTON (AP) — The Federal Reserve on Wednesday emphasized that inflation has remained stubbornly high in recent months and said it doesn’t plan to cut interest rates until it has “greater confidence” that price increases are slowing sustainably to its 2% target. The Fed issued its decision in a statement after its latest meeting, at which it kept its key rate at a two-decade high of roughly 5.3%. Several hotter-than-expected reports on prices and economic growth have recently undercut the Fe
"We expect, in any case, that the Fed's communications after the FOMC meeting this week will have a uniformly hawkish tone," Macquarie said.
The former U.S. president and Republican presidential candidate secured 36 million shares of Trump Media & Technology Group (TMTG), increasing his stake from 57.6% as of March. Reuters reported last week that Trump would secure a stock bonus worth $1.3 billion from TMTG, equivalent to about half the majority stake he already owns in it, thanks to the wild rally in its shares. The bonus also reflects the exuberant trading in TMTG's shares, which have been on a roller coaster ride since the company listed on Nasdaq last month through a merger with a special purpose acquisition company (SPAC) and was snapped up by Trump supporters and speculators.
The problem is more psychological than financial.
CP Rail (TSX:CP) is one of those great wide-moat stocks that new investors may wish to consider anytime it corrects. The post Stop Chasing Stocks: Buy This 1 for the Long Haul and Be Done With It appeared first on The Motley Fool Canada.
Cenovus Energy (TSX:CVE) stock has been one of the best performers on the TSX this year, but I do have a concern. The post Cenovus Stock Is Rising, but I’m Worried About This One Thing appeared first on The Motley Fool Canada.
Given their healthy growth prospects and attractive valuation, I am bullish on these three stocks ahead of the next bull run. The post 3 No-Brainer Stocks to Buy Before a Bull Run appeared first on The Motley Fool Canada.
Experts say it’s a decision that requires careful consideration.
This growth stock may be down, but likely not for long, given its track record. The post 1 Growth Stock Down 8% to Buy Right Now appeared first on The Motley Fool Canada.
The stock market's very rough April saw some of the biggest gainers of the first three months take some of the biggest dings to their market caps. And at the same time, some of the sectors that struggled in Q1 saw a similar reversal of fortune in April.