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What a Divided Congress Means for Policies
Mark Avallone, founder and president of Potomac Wealth Advisors, joined Cheddar News to discuss what a divided Congress means for policy response, the economy and markets along with Medicare and tech regulation.
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Stocks Rally, S&P Jumps as Market Digests Midterm Results
This week was a big one for stocks as the S&P posted its biggest weekly percentage gain since June. David Sekera, chief U.S. market strategist of Morningstar, joined Cheddar News to discuss how the midterms drove markets this week and...
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Intel's MobileEye Jumps in Trading Debut Amid Worst IPO Market in Decades
John Jannarone, editor-in-chief of IPO Edge, joined Cheddar News to discuss Intel unit MobileEye's trading debut amid the IPO market's worst showing in decades.
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Highlights From Meta’s Q3 Earnings Miss and Weak Forecast
Cheddar News breaks down the highlights of Meta's quarterly earnings misses and its weak forecast.
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Stock of the Week: Apple
This week was not the greatest for Apple. With its share price taking a dive along with production slowdown issues, Apple is Cheddar New’s stock of the week.
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Stocks End the Week on a High Note but Look for 'Some Downside Testing'
Scott Wren, the senior global market strategist at Wells Fargo Investment Institute, joined Cheddar News to discuss the positive week for stocks.
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GameStop Posts Wider Losses As Sales Fall
GameStop posted wider losses as sales fell, missing Wall Street estimates. Shares, however, rose after-hours after the company announced a partnership with crypto exchange FTX.
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U.S. Stocks Close Off Session Highs as Inflation Fears Ease
U.S. stocks closed off their session highs on Wednesday, as investors' concerns around inflation and rate hikes from the Federal Reserve eased. The S&P 500 jumped 1.8%, the Dow Jones gained 1.4%, and the tech-heavy Nasdaq rose by 2.1% to...
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U.S. Stocks Close Near Session Highs to Snap Three-Week Losing Streak
U.S. stocks closed near their session highs on Friday for their third straight day of gains, snapping a three-week losing streak for the major indexes. For the week, the S&P 500 rose 3.6%, the Dow added 2.7%, the Nasdaq climbed 4.1%. Rob...
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U.S. Stocks Close Higher to Extend Gains Ahead of CPI Data
U.S. stocks closed higher on Monday as investors await CPI data from the Labor Department, set to be released on Tuesday. The Dow jumped 0.71%, the S&P 500 added 1.06%, and the Nasdaq gained 1.27%. Ross Mayfield, investment strategy...
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Dow, S&P and Nasdaq Post Worst Day Since June 2020
All three major indexes posted the worst percentage drop since June 2020. Chad Oviatt, director of investment management at Huntington National Bank, joined Cheddar News to discuss the stock market plunge on the heels of the inflation...
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Stock Markets Rally More than 1,500 Points in Two Days
The stock rally market continued as the Dow Jones Industrial Average added 1,500 points in the past two sessions. Edward Moya, senior market analyst at OANDA, joined Cheddar News to discuss.
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Stocks Close Lower to Start Trading Week
U.S. stocks closed lower on Tuesday after investors returned to trading action following Labor Day weekend. The Dow dropped 0.55%, the S&P 500 fell 0.41% and the tech-heavy Nasdaq closed down 0.74% for its seventh-straight day of losses,...
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U.S. Stocks Close Near Session Lows to Kick Off Week
U.S. stocks closed near session lows on Friday. Friday's sell-off continued as investors price-in expected rising rates and tighter U.S. monetary policy from the Federal Reserve. The Dow Industrial Average dropped 0.57%, the S&P 500 fell...
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Stocks Close Off Session Lows as Rate Hike Concerns Linger
U.S. stocks closed off their session lows on Tuesday, as losses continue following comments from Fed chair Jerome Powell, which signaled the central bank will continue to make efforts to lower inflation with rate hikes. The S&P 500...
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Stocks Close Near Session Lows on Last Day of August
Stocks closed near session lows on Wednesday as investors continued to weigh potential moves by the Federal Reserve to cut inflation. For the month of August, the Dow finished down nearly 4.1 percent, while the S&P dropped 4.2 percent,...
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Stocks Close Higher Ahead of Fed's Jackson Hole Meeting
Stocks closed Wednesday's session higher, as investors prepare for comments from Federal Reserve Chairman, Jerome Powell, at the U.S. central bank's Jackson Hole Economic Symposium tomorrow. The Dow Jones Industrial Average jumped 0.2%,...
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U.S. Stocks Close Near Session Highs After Data Shows Inflation Ease
U.S. stocks closed near their session highs on Wednesday after July CPI data showed inflation is beginning to ease. The Dow jumped 1.6%, the S&P 500 gained rose 2.1% and the Nasdaq Composite jumped 2.9%. Melissa Brown, Managing Director...
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U.S. Stocks Close Near Session Highs to Start Week
U.S. stocks closed near session highs on Monday as investors prepare for a busy week of retail earnings from companies like Walmart and Target. The Dow Jones Industrial Average jumped 0.4%, the S&P 500 +0.40% rose 0.4%, and the Nasdaq...
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Dow Posts Biggest Weekly Percentage Gain Since May
The Dow has posted its fourth straight winning week and the biggest weekly percentage gain since May. Adam Johnson, portfolio manager at Adviser Investments, joined Cheddar News to explain what drove gains on Wall Street this week.
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U.S. Stocks Close Mixed Ahead of July Jobs Report
U.S. stocks closed mixed on Thursday as investors continued to monitor earnings reports from several notable companies and prepare for new jobs data set to be released on Friday. The S&P 500 closed down by 0.1%, the Dow Jones Industrial...
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U.S. Stocks Close Mixed After Strong July Jobs Report
U.S. stocks closed mixed on Friday after the July monthly unemployment report showed the economy added 528,000 jobs, which was much more than expected. The Dow industrial average rose 0.23%, the S&P 500 fell 0.16%, and the NASDAQ dropped...
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Stocks Close Near Session Lows Amid Mixed Corporate Earnings
U.S. stocks closed Tuesday near session lows after mixed earnings results from several major companies. The S&P 500 shed 1.2%, the Dow fell 0.7%, and the tech-heavy Nasdaq dropped 1.9%. Nick Giacoumakis, President and Founder of NEIRG...
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U.S. Stocks Close Near Session Highs Following Fed Decision
U.S. stocks closed near session highs following the Federal Reserve's decision to raise interest rates by three-quarters of a percentage point. The move led to the S&P 500 jumping 2.6%, the Dow Jones Industrial Average 1.4%, and the the...