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Wednesday’s big stock stories: What’s likely to move the market in the next trading session

Stocks’ rally hit the pause button Tuesday, with the S&P 500 snapping an eight-day win streak. Here’s what’s on the radar for CNBC TV going into Wednesday.

Author Posted on August 20, 2024Categories Uncategorized

Why Goldman Sachs’ Tony Pasquariello doesn’t think the market is ‘alluring’ right now

“The market’s done a bunch of work over the past eight or nine days,” Pasquariello said.

Author Posted on August 20, 2024Categories Uncategorized

Morgan Stanley says to avoid these most overcrowded trades from the biggest hedge funds

Buying stocks that hedge funds favor could cause problems for individual investors for the risks of high valuation and elevated volatility, Morgan Stanley said.

Author Posted on August 20, 2024Categories Uncategorized

This hot high-yielding asset could cool off as interest rates come down

Investors have been flocking to ETFs holding collateralized loan obligations, but the prospect of Fed rate cuts could dampen the funds’ appeal.

Author Posted on August 20, 2024Categories Uncategorized

Insurance stocks are racing ahead of the market in the third quarter — What to know

Shares of insurers are outperforming as companies get a better handle on the auto market and push premiums higher.

Author Posted on August 20, 2024Categories Uncategorized

The charts are bullish on the utilities sector and this industry member breaking out

Todd Gordon breaks down the charts on utilities and Southern Company.

Author Posted on August 20, 2024Categories Uncategorized

Berkshire stake will cushion downside in Ulta Beauty, Oppenheimer says

Shares will remain under pressure in the near term, the firm said, but the Berkshire Hathaway news could soften an expected weak second quarter.

Author Posted on August 20, 2024Categories Uncategorized

The bounce in this stock may be undeserved — how to trade a pullback

Nishant Pant breaks down a trade in Domino’s.

Author Posted on August 20, 2024Categories Uncategorized

Ride out future market and economic volatility with these all-weather stocks, Bank of America says

Investors may want to keep an eye on these stocks to ride out any future market volatility, according to Bank of America.

Author Posted on August 20, 2024Categories Uncategorized

Here are Tuesday’s biggest analyst calls: Nvidia, Amazon, AMD, Exxon, Ulta, Eli Lilly, & more

Here are the biggest calls on Wall Street on Tuesday.

Author Posted on August 20, 2024Categories Uncategorized

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RSS MarketWatch: Stock Market News

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