Tag: stocks

‘Get Thee Behind Me, ESG’: Biblical Investors Disavow ESG

The embattled environmental, social, and governance (ESG) movement has another new foe: Inspire Investing, a Christian financial firm that renounced the term in an Aug. 18 blog post from CEO Robert Netzly. “The hard left wants to say that ESG can only mean their view, in typical cultural Marxist fashion,” Netzly told The Epoch Times…


How Major US Stock Indexes Fared Thursday Sept. 1, 2022

A late burst of buying erased some of the stock market’s losses Thursday, leaving indexes mixed on Wall Street at the closing bell. The S&P 500 index of large companies managed to eke out a tiny gain, all of it coming in the last 10 minutes of trading. That ended a four-day losing streak for…


A Guide to Shorting Stocks

Commentary  In an article on hedging, I pointed out that an investor can use short positions to reduce or eliminate specific risks. I often get questions from friends and amateur investors on how to short a stock. It’s an important tool for any investor, and I think the subject deserves a more complete treatment. The…


Wall Street Opens Lower as Slowdown Worries Mount

 U.S. stock indexes opened lower on Thursday, starting September on a dour note as weak factory activity surveys from Europe and Asia amplified fears of a global economic slowdown. The Dow Jones Industrial Average fell 55.85 points, or 0.18 percent, at the open to 31,454.58. The S&P 500 opened lower by 18.27 points, or 0.46…


Sterling, Euro Slide as Dollar Marches Higher

SINGAPORE/TOKYO—The dollar gained ground against the euro and sterling on Thursday after earlier hitting a 24-year peak against the Japanese yen, as investors positioned for higher U.S. interest rates and remained concerned about the health of European economies. The euro slid 0.37 percent to just hold above parity against the dollar at $1.10016, while the…


Oil Drops on Fears Over Weaker Demand, China’s COVID-19 Restrictions

TOKYO—Oil prices dropped on Thursday, as investors were worried that aggressive interest rate hikes from global policymakers would slow economies and dent fuel demand, while renewed restrictions to curb COVID-19 in China also added pressure. Brent crude futures fell 80 cents, or 0.8 percent, to $94.84 a barrel by 0626 GMT. U.S. West Texas Intermediate…


Stocks Slide, Dollar Spikes as September Starts With a Bump

LONDON—September got off to a bumpy start as persistent worries about rising global interest rates and recessions hounded stock and bond markets on Thursday and drove the safe-haven U.S. dollar to a 24-year high against the yen. Near 1 percent falls in London, Frankfurt, Paris, and Milan pushed the STOXX 600 to its lowest since…


How Major US Stock Indexes Fared Wednesday Aug. 31, 2022

Wall Street closed lower in another day of choppy trading, remaining on pace for a weekly loss after several days of declines. Losses in technology and retail stocks outweighed gains in communications and other sectors. The S&P 500 lost nearly 1 percent Wednesday after wavering between gains and losses. The Dow Jones Industrial Average and…


Wall Street Opens Higher as Tech Stocks Rebound, Oil Drops

U.S. stock indexes opened higher on Wednesday as technology and growth stocks rebounded, while weaker-than-expected private payrolls data and a slide in oil prices helped ease some worries about inflation. The Dow Jones Industrial Average rose 36.28 points, or 0.11 percent, at the open to 31,827.15. The S&P 500 opened higher by 14.51 points, or…


Oil Prices Fall 3 Percent on Recession Fears

LONDON—Oil prices continued to slide on Wednesday on investor worries about the ailing state of the global economy, bearish oil demand signals from OPEC+, and increased restrictions to curb COVID-19 in China. Brent crude futures for October, due to expire on Wednesday, were down $3.41 at $95.90 a barrel following Tuesday’s $5.78 loss. The more…