Markets

Covid’s ‘legacy of weirdness’: Layoffs spread, but some employers can’t hire fast enough

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[ad_1] A sign for hire is posted on the window of a Chipotle restaurant in New York, April 29, 2022. Shannon Stapleton | Reuters Job cuts are rising at some of the biggest U.S. companies, but others are still scrambling to hire workers, the result of wild swings in consumer priorities since the Covid pandemic …

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Dow closes more than 100 points higher on Friday, but notches third straight week of losses on rate fears: Live updates

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[ad_1] U.S. stocks were mixed on Friday as stubbornly high inflation and a rebound in rates continued to weigh on investor sentiment. The Dow Jones Industrial Average rose 129.84 points, or 0.39% to end at 33,826.69. The 30-stock index rallied from lows of the day boosted by shares of Amgen and United Health, which gained …

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Here’s what’s next for income ETFs after yields surged last year

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[ad_1] Investors are hunting for income from both stocks and bonds, and that has created some new winners and new experiments in the exchange-traded funds market. The highlight of the industry has been the JPMorgan Equity Premium Income ETF (JEPI) , whose yield topped 11% as the fund’s strategy of using dividend stocks and selling …

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Asia markets rise as Japan sees record trade deficit; U.S. retail sales jump

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[ad_1] Japan trade deficit widens to almost $26 billion in January Japan’s trade deficit has expanded to 3.5 trillion yen ($26 billion) for January, a 59% increase compared to the 2.2 trillion recorded in the same period a year ago. On an annualized basis, exports rose 3.5% higher at 6.55 trillion yen, while imports surged …

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Stock futures are little changed as Wall Street tries to rebound from a rocky week: Live updates

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[ad_1] Traders work the floor of the New York Stock Exchange (NYSE) during morning trading on February 10, 2023 in New York City.  Michael M. Santiago | Getty Images U.S. stock futures were flat Monday, as traders tried to regain their footing following the S&P 500’s and Nasdaq Composite’s worst weekly performances in nearly two …

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Asia-Pacific markets fall as investors weigh risks of more hikes ahead

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[ad_1] Hyundai in talks with U.S. government on alleged child labor use: Reuters South Korean auto company Hyundai Motors is in discussions with the U.S. labor department over allegations of using child labor in its U.S. supply chain, Reuters reported, citing a statement from the company. The company told Reuters that it has been investigating …

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Here’s how to use active ETFs in your portfolio, according to Vanguard’s CEO

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[ad_1] Investment giant Vanguard has made its mark as a provider of low-cost, passive index funds and ETFs, but there is still a role for active management to play, the company’s CEO said Tuesday. Vanguard CEO Tim Buckley said at the Exchange ETF Conference in Miami that the company has about 20% of its assets …

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A flurry of earnings, another Fed rate hike, signs of a new bull market — and what’s ahead next week

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[ad_1] Earnings season continues next week, with Club holdings Linde (LIN), Emerson Electric (EMR) and Walt Disney (DIS) all set to report. We’ll be looking beyond the headline numbers to forward guidance, and any relevant commentary from management on how those companies intend to protect profit margins amid continued economic uncertainty. The market response to …

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Cramer’s week ahead: Take advantage of the bull market by selling some shares

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[ad_1] CNBC’s Jim Cramer on Friday advised investors to ring the register on some of their positions to take advantage of the bull market.  “I don’t know if we can continue this week’s bizarrely bullish behavior, but it’s worth sticking around and … you can trim a bit of some stock that you’re up a …

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Nasdaq 100 futures rise after Meta posts quarterly revenue beat

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[ad_1] S&P 500 futures advanced Wednesday night as investors looked beyond the latest interest rate hike and commentary from the Federal Reserve. Futures tied to the broad market index added 0.1%. Nasdaq 100 futures gained 0.7%, helped by Meta shares. Futures connected to the Dow Jones Industrial Average ticked down 93 points. Meta surged more …

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Humana is set to soar in 2023 after delivering strong Q4

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[ad_1] Health insurer Humana (HUM) on Wednesday reported a stellar fourth quarter and provided a robust full-year outlook, setting the Club holding up for significant growth in 2023. Revenue increased 5.9% year-over-year, to $22.44 billion, slightly below analysts’ forecasts of $22.5 billion, according to estimates compiled by Refinitiv. Adjusted earnings-per-share (EPS) increased 30.1% annually, to …

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