A number of stocks fell in the afternoon session after the release of a much weaker-than-expected August jobs report, sparking fears of a potential recession. The U.S. Labor Department reported that employers added only 22,000 nonfarm payrolls in August, significantly missing economists' expectations of 75,000.
A cash-heavy balance sheet is often a sign of strength, but not always.
Some companies avoid debt because they have weak business models, limited expansion opportunities, or inconsistent cash flow.
Join us in exploring the top gainers and losers within the S&P500 index one hour before the close of the markets on Thursday as we examine the latest happenings in today's session.
Risk appetite returned to Wall Street on Thursday, as signs of labor market cooling in August cemented expectations that the Federal Reserve will begin cutting interest rates at its Sept. 17 meeting.
Shares of investment management firm T. Rowe Price (NASDAQ:TROW) jumped 5.6% in the morning session after the company announced a strategic collaboration with Goldman Sachs that includes a planned investment of up to $1 billion from the financial giant.
Curious about the top performers within the S&P500 index in the middle of the day on Thursday? Dive into the list of today's session's top gainers and losers for a comprehensive overview.
Volatility cuts both ways - while it creates opportunities, it also increases risk, making sharp declines just as likely as big gains.
This unpredictability can shake out even the most experienced investors.
TROW stock shows strong technicals with an 8 rating and a near-perfect 9 setup score, signaling a potential breakout from its current consolidation pattern.
A number of stocks jumped in the afternoon session after the major indices rebounded, as Fed Chair Jerome Powell delivered dovish remarks at the much-awaited Jackson Hole symposium. Powell suggested that with inflation risks moderating and unemployment remaining low, the Federal Reserve might consider a shift in its monetary policy stance, including potential interest rate cuts. This outlook eased market concerns about prolonged high interest rates and their impact on economic growth. The prospect of lower borrowing costs bolstered investor confidence, particularly in sectors that have lagged, leading to a broad rally across the market.
Volatility is back in the markets, and jobs data points to a weakening labor market. Is it time to get defensive? Consider these 3 dividend stocks for income.
T. Rowe Price stock has entered the final phase of its Adhishthana Cycle, signaling potential long-term underperformance as structural weakness sets in.
