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Stocks Finish Up for a Third Day on Strong Earnings From Walmart, Cisco Systems

Here Are 3 Hot Things to Know About Stocks Right Now The Dow Jones Industrial Average finished up more than 200 points Thursday after strong earnings reports from some market heavyweights. Cisco Systems (CSCO) advanced after the networking giant posted fiscal third-quarter earnings that topped Wall Street forecasts. Walmart  (WMT) surged after first-quarter earnings at the world’s largest retailer

Business & Finance

Qorvo, Skyworks and Xilinx Fall on Huawei’s U.S. Blacklisting

Shares of several communication chipmakers fell sharply Thursday following the news that the U.S. Commerce Department was adding Huawei Technologies and dozens of its affiliates to an “Entity List” that would greatly restrict its ability to buy components from U.S. companies. Qorvo ( QRVO) and Xilinx ( XLNX) , which supply communications chips to Huawei, were all down more than 

Funds

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Time to Book Profits on the S&P 500 ETF

The S&P 500 is traded using the exchange-traded fund called SPDR S&P ETF Trust (SPY) , which active traders call “Spiders.” We know that Spiders declined into bear market territory from their all-time intraday high of $293.94 set on Sept. 21 to their Dec. 26 low of $233.76, down 20.4% marking the bear market. From this

Bonds

Why Foreign Investors Are Showing Interest in China’s Bond Market

Beginning in April, Bloomberg will add local currency denominated Chinese bonds to its Bloomberg Barclays Global Aggregate Index. Chinese government bonds (CGBs) and securities issued by China’s policy banks will eventually account for 5.5 percent of the $53.7 trillion index, one of the most widely followed benchmarks for global bond managers. This will make China’s

Commodities

Is the Dollar a Reliable Indicator for Gold in 2019?

Being a gold bull right now isn’t easy because there’s a good chance that the $1,343 high set back in February was a top. It’s around the same level that gold peaked in early 2018 and mid-2016. Gold had a strong run between October 2018 and February 2019 but prices are 5 percent lower since

Currencies

Is the Dollar a Reliable Indicator for Gold in 2019?

Being a gold bull right now isn’t easy because there’s a good chance that the $1,343 high set back in February was a top. It’s around the same level that gold peaked in early 2018 and mid-2016. Gold had a strong run between October 2018 and February 2019 but prices are 5 percent lower since

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