With long-term Treasury yields stalling out and investors flocking to higher-yielding “safety” stocks, real estate investment trusts have “come back into vogue” on Wall Street, CNBC’s Jim Cramer said Wednesday. In particular, shares of retail-oriented REITs Simon Property Group, Federal Realty and Pennsylvania Real Estate Investment Trust have been outpacing their peers, benefiting from broader […]
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Check out the companies making headlines after the bell: Shares of American Express tumbled nearly 3 percent in after-hours trading. The financial services company beat analysts’ expectations on earnings for its second quarter, posting $1.84 per share versus the estimated $1.82 per share. However, American Express missed analysts’ revenue estimates, generating $10 billion versus the […]
A gas pump nozzle is seen at a gas station as reports indicate that the price of gas continues to rise Photo: by Joe Raedle/Getty Images What To Own? The oil price is up 40% over the past year. Yet, oil and gas companies appear as the cheapest global sector today, despite being the second best […]
The Standard & Poor’s 500 index rose 6.07 points, or 0.2%, to 2,815.62. The Dow Jones industrial average rose 79.40 points, or 0.3%, to 25,199.29. The Nasdaq composite slipped 0.67 of a point to 7,854.44. The Russell 2000 index of smaller-company stocks rose 4.61 points, or 0.3%, to 1,691.87.
Advertisement Supported by Global Stocks Drift Lower as Investors Await News on Trade By The Associated Press July 19, 2018 SEOUL, South Korea — Global stock markets were drifting lower Thursday as investors awaited further moves in global trade disputes with the U.S. mulling whether to impose new tariffs on autos and auto parts. Its […]
Advertisement Supported by Asian Stocks Drift as Investors Await Fresh Moves on Trade [embedded content] By The Associated Press July 18, 2018 SEOUL, South Korea — Asian stock markets were drifting Thursday in mixed trading as investors awaited further moves in global trade disputes. KEEPING SCORE: Japan’s Nikkei 225 added 0.2 percent to 22,839.59, while […]