Indexes close mixed as traders hold out hope for a Santa Claus rally

Indexes close mixed as traders hold out hope for a Santa Claus rally

Getty Images; Jenny Chang-Rodriguez/BI Indexes closed mixed on Thursday in their first trading day after Christmas. The mixed results come on the second day of a Santa Claus rally, the last five trading days of the year and first two in January. Meanwhile, new jobs data shows continuing claims have surged to a three-year high. … Read more

Analysts Expect These 2 Beaten-Down Stocks to Rebound in 2025

Analysts Expect These 2 Beaten-Down Stocks to Rebound in 2025

Building up a strong portfolio requires a sharp eye for bargains. Investors have to know how to find the right stocks, at the right price – i.e. shares that are priced relatively low, but have sound prospects for sustained growth. In other words, to learn how to shop effectively at the discount racks of the … Read more

‘Santa Claus rally’ is here — but can the stock market avoid the ‘Grinch pinch’?

‘Santa Claus rally’ is here — but can the stock market avoid the ‘Grinch pinch’?

The S&P 500 Index SPX is attempting to erase the swift decline that occurred after the U.S. Federal Reserve’s December meeting. SPX has rallied, VIX VIX has fallen, and there’s been general improvement in the U.S. stock market’s internal indicators. Moreover, this is the beginning of another seasonally bullish period — the so-called Santa Claus … Read more

Foxconn eyes AR glasses market with Porotech partnership

Foxconn eyes AR glasses market with Porotech partnership

Contract electronics manufacturing major Hon Hai Technology Group (Foxconn) has collaborated with semiconductor company Porotech to enter the augmented reality (AR) glasses market. By integrating Porotech’s gallium nitride (GaN) technology with Foxconn’s vertically integrated services, the partnership aims to advance the production of micro-display chips and AR glasses. AR glasses are wearable devices that enhance … Read more

Airlines Stocks Beat Market by Most in a Decade as Travel Booms

Airlines Stocks Beat Market by Most in a Decade as Travel Booms

(Bloomberg) — A record year for travel in the US is pushing airline stocks to a soaring annual outperformance, and the prospect of sustained earnings power points to a bullish outlook for 2025. Most Read from Bloomberg The S&P Supercomposite Airlines Index has jumped 60% in 2024, compared with a 27% gain for the S&P … Read more

Trump’s first actions and job data to test market in January

Trump’s first actions and job data to test market in January

By Laura Matthews NEW YORK (Reuters) -After closing the books on a banner year for U.S. stocks, investors expect to ride seasonal momentum into mid-January when a slew of economic data and a transition of power in Washington could send markets moving. The S&P 500 rose roughly 25% in 2024 through Dec. 27, while the … Read more

Here’s a list of the market’s most speculative stocks

Here’s a list of the market’s most speculative stocks

Here’s a screen of so-called lottery stocks. – Getty Images Hope you got all the presents you wanted during the festive season. If not, there are always lottery stocks. That is, highly speculative stocks that can go either boom or bust. But how do you find these companies? A research paper from authors including Alok … Read more

5 Things to Know Before the Stock Market Opens

5 Things to Know Before the Stock Market Opens

Kevin Carter / Contributor / Getty Images Stock futures are edging lower in pre-market trading; Netflix (NFLX) said its Christmas Day NFL broadcast set viewership records; Apple (AAPL) shares are edging higher as the iPhone maker’s market capitalization nears $4 trillion; UnitedHealth Group (UNH) and Amedisys (AMED) agreed to extend the deadline on their $3.3 billion … Read more