Financial and tech giants reemerge as "the ultimate dip buyer," with announced share repurchases hitting an all-time high of $166 billion in July.
"Consumers' appraisal of current job availability declined for the eighth consecutive month, but stronger views of current business conditions mitigated the retreat in the Present Situation Index," said The Conference Board's Stephanie Guichard.
Cook’s lawyers vow to fight back as White House publishes president’s letter.
Bank strategists cite growing optimism following Jackson Hole remarks, though earnings, sales trends, and tariff risks could make or break the small-cap rally.
Robinhood’s stock has skyrocketed 440% over the past year ahead of the company's upcoming referral program launch with RIA custodian TradePMR.
This summer has seen IPOs popping like its 1999 and that means wealth managers are getting requests from clients for new issues.
Fidelity research finds resilience as DIY investors balance caution with optimism.
The broad-based advance in July, boosted by car sales and major online promotions, is another factor for the Fed to ponder ahead of its annual Jackson Hole symposium.
The surprise PPI reading, driven by the biggest monthly gain in core since 2022, further muddies the central bank's September decision to hold or cut rates in September.
"CPI data that was in-line with expectations will not change the outlook for a September rate cut which was already largely priced into markets," said Josh Jamner, senior investment strategy analyst, ClearBridge Investments.
Despite recent data pointing to an economic slowdown, investors have remained optimistic on hopes of a just-in-time Fed rate cut.
Calls come as weak labor market figures roll in.
Over 8% fall as US unit sees grim figures, Trump policy threats
New report says administration could launch multibillion-dollar offering by year end
Wealth managers weigh in on the best ways to access AI tools to increase office productivity.
Wealth managers are using the Tesla CEO's multi-billion dollar package to educate clients on windfalls and option-based pay strategies.
Nvidia, Apple chipmaker reportedly fired employees, launched probe.
The firm's proprietary index of investor activity nudged higher last month.
Tariff shocks and a weak July jobs report triggered an inauspicious start to August, sparking volatility across the equity and bond markets.
Hiring slows in July as downward revisions and rising unemployment rate strengthen the case for a Federal Reserve rate cut.
