Cruise stocks surge as Stifel analyst forecasts a big year for cruising
Cruise stocks surge as Stifel analyst forecasts a big year for cruising
Cruise stocks surge as Stifel analyst forecasts a big year for cruising
Shares of cruise operators rallied Friday, to buck the broad-market selloff, after Stifel Nicolaus analyst Steven Wieczynski pounded the table on the group, saying 2022 was going to be known as the "Year of the Cruise!" Shares of Royal Caribbean Group , which Wieczynski said was his "top idea for 2022," climbed 3.6%; Carnival Corp. rallied 2.9%, Norwegian Cruise Line Holdings Ltd. rose 3.6%; Lindblad Expeditions Holdings Inc. tacked on 1.9%; while the S&P 500 dropped 0.6%. Wieczynski said... Читать дальше...
Fed's Daly says U.S. is not 'on the precipice of a wage-price spiral'
The Food and Drug Administration said Friday that adults who have been vaccinated with Moderna Inc.'s COVID-19 vaccine can get a booster dose five months after completing the primary series of shots. The previous recommendation was to wait six months. Moderna's stock was down 0.2% in trading on Friday. The suggested window between getting BioNTech SE and Pfizer Inc.'s was also recently shortened to five months from six months. "Today's action also brings consistency in the timing for administration... Читать дальше...
Legendary actor, director, activist and diplomat Sidney Poitier dead at 94
S&P 500 and Nasdaq assemble Friday gains despite payrolls-report disappointment
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Since the end of November, a value index based on the S&P 500 has gained 8%, compared with a 0.9% loss for its growth counterpart.
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Treasury yields were little changed Friday after a December jobs report showed a lackluster 199,000 gain in new jobs.
Stocks struggled for direction early Friday, opening near unchanged after a mixed jobs report that saw nonfarm payrolls rise by a much weaker-than-expected 199,000 in December. The Dow Jones Industrial Average fell 78 points, or 0.2%, to 36,158, while the S&P 500 was down 0.1% at 4,693. The Nasdaq Composite was up less than 0.1% at 15,083. Economists had looked for payrolls to rise by 422,000. However, the unemployment rate dropped to 3.9% from 4.2%, compared with expectations for a decline... Читать дальше...
This is a Real-time headline. These are breaking news, delivered the minute it happens, delivered ticker-tape style. Visit www.marketwatch.com or the quote page for more information about this breaking news.
Kanye West, now known as Ye, has partnered with luxury label Balenciaga on a Yeezy collection that will be available at Gap Inc. . Few details are available about the line, called Yeezy Gap Engineered by Balenciaga. But the collection is expected in 2022, along with additional Yeezy launches. Ye's partnership has created excitement for Gap, but the retailer's most recent earnings report showed the company took a big hit from global supply chain disruptions. Gap stock has dropped 13.7% over the... Читать дальше...
This is a Real-time headline. These are breaking news, delivered the minute it happens, delivered ticker-tape style. Visit www.marketwatch.com or the quote page for more information about this breaking news.
This is a Real-time headline. These are breaking news, delivered the minute it happens, delivered ticker-tape style. Visit www.marketwatch.com or the quote page for more information about this breaking news.
Is this the year U.K. stocks will finally outperform?
U.S. investment bankers are expected to earn larger bonuses at Wall Street firms such as Goldman Sachs Group Inc. , Bank of America Corp. , Morgan Stanley , JPMorgan Chase & Co. , Citigroup Inc. and Wells Fargo & Co. , according to a report Friday by efinancialcareers.com. One JPMorgan Chase executive told the publication that the bank's revenues on some business lines are up 60% to 80%, so most bankers expect a bonus increase of 30% to 40%. Bloomberg and the Financial Times have reported... Читать дальше...
The latest uptick in mortgage rates could be the start of a prolonged increase.
Boot Barn Holdings Inc. shares rose 3% in Friday premarket trading after the retailer pre-announced fiscal third-quarter results, delivering numbers that beat Street expectations. Boot Barn expects sales of $485.9 million, up from $302.3 million last year and ahead of the FactSet consensus for $452.7 million. Earnings per share are expected to be $2.27, up from 99 cents last year and also ahead of the FactSet consensus for $1.93. Comparable sales soared 61% compared with 2019. "Despite supply... Читать дальше...
Branson reportedly eyeing Amsterdam for first European SPAC
Gold futures early Friday flip between gains and losses, after a report on the U.S. labor market showed that the country created 199,000 new jobs in December.
Bitcoin price down more than $1,600 per Coindesk after U.S. jobs data
Billionaire Richard Branson is reportedly looking to Amsterdam rather than London for his first European-listed special purpose acquisition company.
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