|
The market has been brutal in 2022, but these Buffett-backed stocks are up big.
|
|
The worst start of a year for the stock market in 52 years has placed many good stocks on the bargain rack.
|
RELATED ARTICLES | | |
|
Stock Futures Fall in Choppy Trading - WSJ The Wall Street JournalStock futures fall after another losing week on Wall Street CNBCStocks Gain as China Tariff Talks Boost Sentiment: Markets Wrap BloombergS&P, Nasdaq, Dow Jones futures dip as yield curve inverts again Seeking Alpha5 things to know before the stock market opens Tuesday CNBCView Full Coverage on Google News
|
|
 Shares of air carriers were broadly lower Tuesday, even as travelers over the July 4 holiday weekend reached a pandemic-era high and as fewer flights were cancelled than in the days leading up to the weekend. The U.S. Global Jets ETF fell 0.8% in premarket trading, with the shares of all of its U.S.-based airline components that are trading losing ground. Among the more-active U.S. air carriers, shares of American Airlines Group Inc. dropped 2.1%, Delta Air Lines Inc. slid lost 1.1%, United Airlines Holdings Inc. shed 1.5%, JetBlue Airways Corp. lost 0.8%, Spirit Airlines Inc. sank 2.6% and Southwest Airlines Co. gave up 1.7%. Meanwhile, data provided by the U.S. Transportation Security Administration showed that the number of travelers going through TSA checkpoints fell to a one-month low of 2,081,119 on Monday, and was below last year's 2,160,147.
Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
|
|
Stock markets drop and German government debt rallies
|
|
Our theme of Value Tech Stocks - which is comprised of technology stocks with a market cap of over $5 billion and a price-to-earnings multiple of under 20x - has declined by almost 24% year-to-date, although it has outperformed the broader Nasdaq-100 index, which remains down 30% over the same pe...
|
|
Invest today so you can profit from the market's eventual recovery.
|
|
 The market conditions aren't screaming "buy growth stocks now" at us but that doesn't mean all growth stocks, like PetVivo (OTCMKTS: PETV), are or will suffer the same afflictions. PetVivo...
|
|
Shares of BioNTech SE fell 0.9% in premarket trading Tuesday, after CureVac N.V. filed in Germany a patent infringement suit against the biotechnology company. CureVac said there were certain of its patents that were utilized in the manufacture and sale of BioNTech and Pfizer Inc.'s COVID-19 vaccine, Comirnaty. CureVac said while it doesn't seek an injunction, and won't take legal action to impede the production or sale of Comirnaty, it is seeking "fair compensation" for infringement of its patents. CureVac's stock rose 0.4% in premarket trading, and Pfizer shares slipped 0.8%. Year to date, CureVac's stock has tumbled 58.5% and BioNTech shares have shed 38.9%, while the iShares Biotechnology ETF has dropped 21.3% and the S&P 500 has shed 19.7%.
Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
|
|
These are the stocks posting the largest moves before the bell.
| |
Oil futures climbed on Friday, with U.S. prices up about 0.8% for the week. "Low investment in oil discovery and the shutdown of refineries during the pandemic-induced recession of 2020 have led to a supply crunch," said Lukman Otunuga, manager, market analysis, at FXTM. "The geopolitical developments concerning Ukraine-Russia poured fuel to the fire," he said, and oil bulls "remain supported by various forces" which may push prices higher. However, "concerns over tighter monetary policy tipping the global economy into a recession may hit the demand outlook for oil, limiting upside gains." West Texas Intermediate crude for August delivery rose $2.67, or 2.5%, to settle at $108.43 a barrel on the New York Mercantile Exchange.
Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
|
|
