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    • HweiLuHweiLu
      ·2021-12-29
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      S&P 500 Ends Lower after Four-Day Rally to Record High

      Dec 28 - The S&P 500closed slightly lower after hitting a record intraday high on Tuesday, as a four-day rally lost steam in thin trading and investors weighed Omicron-driven travel disruptions and store closures.The Centers for Disease Control and Prevention on Monday shortened the recommended isolation time for Americans with asymptomatic cases of COVID-19 to five days from the previous guidance of 10 days.The update follows approvals for new pills and more vaccines to fight COVID-19. It hel
      S&P 500 Ends Lower after Four-Day Rally to Record High
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    • HweiLuHweiLu
      ·2021-12-28
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      S&P 500 closes at record high on retail sales cheer

      Dec 27 - The S&P 500 indexended at a record high on Monday, its fourth straight session of gains, as strong U.S. retail sales underscored economic strength and eased worries from Omicron-driven flight cancellations that hit travel stocks.U.S. retail sales increased 8.5% year-over-year this holiday season, powered by an ecommerce boom, according to a Mastercard Inc report, giving the S&P 500 retailing indexa boost.Travel-related stocks, typically sensitive to coronavirus news, declined after U.S
      S&P 500 closes at record high on retail sales cheer
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    • HweiLuHweiLu
      ·2021-12-28
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      S&P 500 closes at record high on retail sales cheer

      Dec 27 - The S&P 500 indexended at a record high on Monday, its fourth straight session of gains, as strong U.S. retail sales underscored economic strength and eased worries from Omicron-driven flight cancellations that hit travel stocks.U.S. retail sales increased 8.5% year-over-year this holiday season, powered by an ecommerce boom, according to a Mastercard Inc report, giving the S&P 500 retailing indexa boost.Travel-related stocks, typically sensitive to coronavirus news, declined after U.S
      S&P 500 closes at record high on retail sales cheer
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    • HweiLuHweiLu
      ·2021-12-27
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      Santa Claus Rally watch: What to know this week

      As traders return from the holiday-shortened week, the price action heading into the new year will be closely monitored — especially given the relatively light economic data and earnings calendar for the coming days.The S&P 500 is entering the period known for ushering in the so-called Santa Claus Rally, or seasonally strong timeframe for stocks at the end of each year.According to data from LPL Financial, the Santa Claus Rally period encapsulates the seven days most likely to be higher in any
      Santa Claus Rally watch: What to know this week
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    • HweiLuHweiLu
      ·2021-12-26
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      Can This Top Blue Chip Stock Handle Soaring Inflation?

      We are in strange times right now, so how companies navigate the current environment is vital to their success.
      Can This Top Blue Chip Stock Handle Soaring Inflation?
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    • HweiLuHweiLu
      ·2021-12-25
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      What are MKM Partners 'Black Swan' Internet predictions for 2022?

      As the year comes to a close, Wall Street analysts are practically falling over themselves with almost daily serious predictions aboutwhat to expect from the tech sector in 2022.So, it should come as no surprise that, like many analysts, MKM Partners managing director Rohit Kulkarni came out with a list of 10 things that could shape the Internet industry next year. However, instead of diving into matters such as revenue growth rates and price-to-earnings ratios, Kulkarni released a slate of "Bla
      What are MKM Partners 'Black Swan' Internet predictions for 2022?
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    • HweiLuHweiLu
      ·2021-12-24
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      S&P 500 hits record close as Omicron fears ebb

      * Major indexes climb for 3rd straight session * Merck's at-home COVID-19 pill gets U.S. approval *
      S&P 500 hits record close as Omicron fears ebb
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