US stocks drift mostly higher
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Stocks bounce back
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ASML falls sharply after issuing a growth warning, while Wall Street awaits earnings from Goldman Sachs, Morgan Stanley, and Bank of America.
The billionaire, as chairman of Berkshire Hathaway, has helped produce a compounded annual gain of nearly 20% over 59 years. All of this happened because of Buffett's keen eye for a quality stock and his unending patience.
U.S. stocks opened moderately higher on Wednesday, boosted by a tamer-than-expected inflation reading and blowout quarterly results from big banks.
It took some 15 years for the Nasdaq to get back to its highs after the dot-com bubble burst. Even tech bulls admit that the Nasdaq’s performance is eerily similar to that of the late 1990s. That’s led some strategists to warn that things are looking frothy.
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With Amazon and Walmart looking to launch their own stablecoins, it seems likely these digital currencies are here to stay.
The underperformance of small caps and discretionary stocks is not a reason for investors to reduce exposure in U.S. equities, says SentimenTrader.
Lilly, Johnson & Johnson, AbbVie, Pfizer and more pharma stocks shrug even amid Trump's fresh pharma tariff threats.
Thanks to the widespread availability of fractional shares, you don't need a lot of upfront cash to get started with investing.
Wall Street watches the major averages whipsaw on Wednesday, following a softer-than-anticipated wholesale inflation report and news that President Trump indicated that he will fire Fed Chairman Jerome Powell.