Monday, November 21, 2022

Recession fears receded this earnings season

Investors appear to have traded in their fleece vests for crystal balls — everyone on Wall Street seems to have a recession prediction. But lately, shouts of recession have become a bit quieter, and a growing group of economists say that any downturn will likely be mild.
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Recession fears receded this earnings season
Investors appear to have traded in their fleece vests for crystal balls — everyone on Wall Street seems to have a recession prediction. But lately, shouts of recession have become a bit quieter, and a growing group of economists say that any downturn will likely be mild. Read more »
 
Can Bob Iger fix Disney?
Bob Iger is returning to Disney as CEO, retaking the reins of a company that's very different from the one he led when he stepped down as chief executive in February 2020. Read more »
 
Largest railroad union rejects labor deal, raising risk of a crippling strike
Rank-and-file members of the nation's largest rail union, which represents the industry's conductors, rejected a tentative labor deal with freight railroads, the union announced Monday. That significantly raises the chance that major freight railroads crucial to the nation's economy could be brought to a halt by a strike early next month. Read more »
 
Bob Iger named Disney CEO again, replacing Bob Chapek, in a shock to Hollywood
Bob Iger, one of the most successful CEOs in the history of The Walt Disney Company, is returning to once again run the media empire. It's a shocking development at Hollywood's biggest company. Read more »
 
Twitter was already in disarray. Trump's return will only make it more chaotic
With his decision on Saturday to restore the personal Twitter account of former President Donald Trump nearly two years after it was permanently banned, Elon Musk could plunge Twitter deeper into chaos — and that may be the point. Read more »
 
Investors have very little to be thankful for in 2022
Americans are getting ready to celebrate Thanksgiving. But investors in the United States (and the rest of the world for that matter) don't have much to be grateful for in what is turning out to be a rotten 2022. Read more »
 
 
 
 
Dow Nasdaq S&P
-45.41   -121.55   -15.40
33,700.28   11,024.51   3,949.94
-0.13%   -1.09%   -0.39%
YTD -7.26%   YTD -29.53%   YTD -17.13%
 
Biggest Winners
STERIS plc +7.05%
 
Walt Disney Co +6.30%
 
Nucor Corp +4.94%
 
Becton Dickinson and Co +4.03%
Biggest Losers
Estee Lauder Companies Inc -6.23%
 
Devon Energy Corp -3.49%
 
ServiceNow Inc -3.00%
 
Target Corp -2.98%
Hottest ETF
Hottest ETF
NYSE Market Volume
NYSE Market Volume
Key Market Stats Latest Today's Change
Oil $80.16 +0.05 / +0.06%
Gold $1,739.70 -14.70 / -0.84%
10-yr 3.83% +0.01
Euro $1.02 -0.01 / -0.86%
More Markets Now
 
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