Weekly Market Recap: Indices Rally Despite Rate Concerns
Monday: Mixed Start Wall Street began last week with mixed results as investors exercised caution ahead of key inflation data. The Dow dropped by 0.2%, the S&P 500 dipped slightly by 0.02%, and the Nasdaq managed a 0.3% gain. Tuesday: Optimism on CPI Data Anticipation of the Consumer Price Index (CPI) release boosted the Major Indices. The Dow rose [...]
The Safest Dividend Stocks in the Market for Retirement or Passive Income
Choosing to invest in dividend-paying stocks in general is a relatively safe strategy. But maybe you want the most reliable, safest dividend stocks in the market for retirement or passive income. Look no further. We’ve compiled a list of the top 10 high-dividend, safe stocks: Verizon (VZ) Enterprise Products (EPD) Kinder Morgan (KMI) Sherwin-Williams Company (SHW) Nordson Corporation (NDSN) Enbridge [...]
Walmart Inc. Gains 6% on Q1 Earnings Wins, Upbeat Outlook: 3 Other Reasons to BUY WMT
Walmart Inc. (WMT) is up more than 6% through this past week after delivering an impressive Q1 earnings performance coupled with an upbeat outlook for the full year. America’s quintessential discount retailer grew revenue by 6% to $161.51 billion, surpassing the FactSet consensus of $159.57 billion. The company saw a 21% uptick in e-commerce sales for the quarter which [...]
Navigating the Stock Market Amid Persistent Inflation: A Strategic Approach
The April inflation report provided a mixed bag of signals for the economy, leaving many investors wondering how these developments might influence their portfolios. With inflation cooling slightly to 3.4% annually but remaining above the Federal Reserve's 2% target, the implications for the stock market are complex. Let's delve into how these inflation trends could impact the market and [...]
Cisco Disappoints in Q3, But Sees Smoother Roads Ahead: 3 Things for CSCO Investors to See
Cisco Systems Inc. (CSCO) gave an update for the fiscal third quarter along with the current quarter yesterday after the market closed. Shares had rallied as much as 9%, but the stock has actually begun to dip back in the red Thursday morning, down nearly 2% so far today. Much of this is the result of a disappointing performance [...]
Boeing Dips on Concern of DOJ Prosecution From Fatal Crashes: What Investors Need to Know
Shares of Boeing (BA) moved more than 2% lower Wednesday amidst concerns that the company could be in more legal trouble. This time, the Department of Justice (DOJ) has said that the company could face prosecution for breaching a contract that was put in place to avoid legal trouble associated with the fatal 2018 and 2019 737 Max plane [...]
