Housing data and retail could be the next catalysts for the market in week ahead

Stocks could continue to push higher into the dog days of August, as investors await earnings from big retailers and new data on housing and the consumer. Economic reports in the week ahead include housing starts Tuesday and existing home sales Thursday. Home sales are expected to fall more than 6%, according to Dow Jones, … Read more

Goldman Sachs offers three strategies to ride out a tough second half

Goldman Sachs sees more pain ahead for stocks in the second half of 2022 as corporate earnings weaken. For equity investors bruised on this year’s roller coaster, the Wall Street firm broke down three stable strategies to help smooth the ride. The S&P 500 just suffered its worst first half since 1970 as investors continue … Read more

Broadcom, Chevron among Wall Street’s favorite dividend stocks heading into second half

As dividend stocks gained in popularity this year, CNBC Pro sought names that could continue to offer investors relative safety and higher yields in the back half of 2022. Investors have pivoted deeper into dividend payers, as greater uncertainty and rising interest rates unnerved market participants and spurred a rotation out of growth names. On … Read more

Moderna, Robinhood, Snowflake and more

Here are the company’s making headlines in midday trading: Moderna – The biotech stock jumped 7% after a Food and Drug Administration committee voted to recommend Moderna’s Covid vaccine to children ages six through 17. The FDA is expected to authorize vaccines for children later this week. Robinhood – Shares of the retail brokerage fell … Read more

Snowflake, Apple, Amazon, Nike, Robinhood

Here are Wall Street’s biggest calls on Wednesday: Goldman Sachs initiates Wheels Up as buy Goldman said in its initiation of the on-demand private jet company that it sees an attractive entry point. “Wheels Up is a leading company in an established and growing end-market, but one that is also fragmented and has substantial opportunity … Read more

Carvana, GameStop, AMC, General Motors and more

Check out the companies making headlines in midday trading Thursday. Carvana – Shares of the online used car retailer popped nearly 30%, alongside other heavily-shorted stocks. Nearly 29% of Carvana shares available for trading are sold short, according to FactSet. The company has faced negative sentiment on Wall Street recently, with downgrades this month from … Read more

Coach owner Tapestry cuts profit outlook as China lockdowns dent demand

Customers walk past a Coach store at Shanghai New World Daimaru department store on August 12, 2019 in Shanghai, China. VCG | Visual China Group | Getty Images Coach owner Tapestry on Thursday trimmed its profit outlook for the fiscal year 2022 with lockdowns in China poised to dent consumer demand of its high-end purses … Read more

Stocks could see more tumult next week, especially if bond yields continue to scream higher

Traders on the floor of the NYSE, March 28, 2022. Source: NYSE After a week of extraordinary turbulence, stocks are likely to remain volatile as investors await fresh data on inflation and watch the course of bond yields. The big report for markets is Wednesday’s April consumer price index. Economists expect a high inflation reading, … Read more

Trading strategies for after the big Fed decision: Finding stocks overdue for a relief bounce

The Federal Reserve is expected to raise interest rates by a half point Wednesday, but what the central bank signals about future hikes is key for investors.

Victoria’s Secret takes beauty business to Amazon in wholesale test

Beginning Friday, shoppers will find an assortment of roughly 120 Victoria’s Secret beauty items, including lotions and fragrances, on Amazon. Source: Victoria’s Secret Victoria’s Secret is taking its beauty business to Amazon, marking the lingerie company’s first major tie-up with another retailer to sell its goods. With Friday’s launch, about 120 different products including branded … Read more