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[ad_1] US Secretary of State Antony Blinken (L) walks with China's Foreign Minister Qin Gang (R) ahead of a meeting at the Diaoyutai State Guesthouse in Beijing on June 18, 2023. Leah Millis | Afp | Getty Images U.S. Secretary of State Antony Blinken on Sunday met with Chinese Foreign Minister Qin Gang in Beijing on a high-stakes diplomatic mission to cool U.S.-China tensions that have overshadowed geopolitics in recent months. The trip by Blinken makes him the highest-level American official to visit China since Joe Biden became U.S. president and the first U.S. secretary of state to make the trip in nearly five years. Blinken had "candid, substantive, and constructive talks" with Qin, a U.S. State Department spokesperson said in a statement Sunday . He raised concerns as well as "opportunities to explore cooperation," and he emphasized the importance of open communication, according to the statement. "The Secretary made clear that the United States w

[ad_1] New Delhi: FPIs continued to be sellers in the cash market having sold equity worth Rs 27,664 crores through January 25, said V K Vijayakumar, Chief Investment Strategist, Geojit Financial Services. FPIs were sellers in autos and auto ancillary, media and entertainment and marginally in IT. They bought oil and gas, power and selectively in financial services, he said. The rising bond yields in the US is a matter of concern and this has triggered the recent bout of selling in the cash market. The rally in global stock markets was triggered by the Fed pivot which saw the 10-year bond yield falling from 5% to around 3.8%. Now the 10-year is back at 4.18% which indicates that the Fed rate cut will come only in H2 of 2024, he said. ( Also Read:BLS E-Services Ltd IPO: Check Opening & Closing Dates, Price Band, Lot Size, GMP, And Other Details ) As per a report by Kotak Institutional Equities, listed funds witnessed inflows of $2 billion, completely led by ETF inflows. I

[ad_1] The world is aging rapidly, and there are more and more ways to invest in this theme. Shams Afzal, managing director at Carnegie Investment Counsel, noted that 17% of the U.S. population is now over the age of 65, and that proportion is expected to grow higher. And the demographics of that age group is changing. There's been a "marked jump" in education levels — just 5% of those aged above 65 were degree holders in 1950, much lower than the 29% in 2018, Afzal said, citing Population Reference Bureau statistics. The gender gap in terms of mortality has also narrowed, from seven years in 1990 to five years in 2017, he said. "The aging population discussion in recent years has mostly revolved around future challenges to labor productivity and its economic growth implications," he said. "We see meaningful efforts by companies large and small, working to enhance the quality of life for individuals in this age group," Afzal, also a portfolio mana

[ad_1] Last Updated: January 18, 2023, 09:29 IST FILE PHOTO: A man looks at a screen across a road displaying the Sensex on the facade of the Bombay Stock Exchange (BSE) building in Mumbai, India, June 29, 2015. REUTERS/Danish Siddiqui Sensex Today: Key benchmarks opened on a positive note today. Sensex Today: Key benchmarks opened on a positive note today. Quarterly results, coupled with global trends, oil prices, and foreign fund flow, are expected to guide investors in Wednesday’s trade. The S&P BSE Sensex was quoting at 60,708 levels in early deals, up 2 points or 0.09 per cent. The Nifty50, meanwhile, was at 18,076 levels. In the broader markets, the BSE MidCap and SmallCap indices outrun frontline indices by gaining up to 0.2 per cent. Among sectors, the Nifty Metal index led from the front, advancing 0.8 per cent on the National Stock Exchange (NSE). On the flipside, the Nifty Realty index fell 0.5 per cent to trade as the top dragging index on the exchange. Global Cu

[ad_1] A customer leaves a Bed, Bath and Beyond store on August 31, 2022 in Oakland, California. Justin Sullivan | Getty Images Bed Bath & Beyond wants shareholders to approve a reverse stock split at an upcoming special meeting, as the retailer keeps working to avoid filing for bankruptcy , according to a securities filing late Wednesday.  The retailer's board is calling on shareholders to approve the reverse stock split at the May 9 meeting so it can have enough shares available to raise up to $300 million in equity from a stock offering announced last week.  Bed Bath's fundraising efforts have been hampered by its dwindling stock price, which has been on a precipitous decline and has been trading under $1 for the last few weeks. Shares of Bed Bath were trading around 30 cents Thursday morning, giving the company a market value of about $132 million. The company is concerned that if the plan isn't completed, it likely won't have enough equity to pay its de

[ad_1] AT&T Inc : "It's not as bad as it used to be." Plug Power Inc : "[CEO] Andy Marsh has promised us profitably for a very long time. ... My bountiful patience is beginning to get tried." Devon Energy Corp : "Keep buying." Disclaimer: Cramer's Charitable Trust owns shares of Devon Energy. Jim Cramer's Guide to Investing Click here to download   Jim Cramer's Guide to Investing  at no cost to help you build long-term wealth and invest smarter. [ad_2] Source link https://worldnews2023.com/business/cramers-lightning-round-i-like-juniper-networks/?feed_id=293300&_unique_id=65fe472c5df52

[ad_1] Akio Toyoda, president and CEO of Toyota Motor Corp. Kiyoshi Ota | Bloomberg | Getty Images DETROIT – Toyota Motor stock sealed its best week since 2009 on Friday, as the automaker laid out a robust plan for future all-electric vehicles and company scion Akio Toyoda became leader of the Japanese company's board. Shares of Toyota on the New York Stock Exchange closed Friday at $164.35 per share, down 2.3% for the day but still up 10.6% on the week. That 5-day gain is the stock's best week since April 2009 when shares increased 14.5%. Such a rally is not typical for the stock. It's only the third double-digit weekly gain in more than two decades for the relatively well-performing but mundane stock. Shares of the company are up 20% so far in 2023. The positive uptick this year comes as recent supply chain problems ease for the automotive industry, including Toyota, and after Toyoda, grandson of the company's founder, announced plans to transition from CEO to

[ad_1] Passenger planes sit on the tarmac at Shanghai Hongqiao International Airport on Nov. 4, 2022, before China ended Covid-related restrictions on travel. Future Publishing | Future Publishing | Getty Images BEIJING — China announced late Monday that travelers will no longer need to quarantine upon arrival on the mainland starting Jan. 8. The forthcoming shift follows an abrupt relaxation this month in domestic Covid controls. The changes end the bulk of the most restrictive measures that China had imposed for nearly three years under its zero-Covid policy. Since March 2020, travelers to the mainland have had to quarantine , typically at a designated hotel and for 14 days. That isolation period subsequently began to increase to 21 days or more for some travelers, before China began cutting quarantine times this summer. Current policy requires five days of quarantine at a centralized facility, followed by three days at home. China's National Health Commission also said th

[ad_1] Traders work on the floor of the New York Stock Exchange during morning trading on April 10, 2023 in New York City.  Michael M. Santiago | Getty Images U.S. stock futures were little changed on Monday evening, as all eyes on Wall Street turn to a Tuesday meeting between congressional leaders and President Joe Biden. Futures tied to the S&P 500 slipped 0.04%, while Nasdaq 100 futures inched lower by 0.05%. Dow Jones futures lost 15 points, or 0.04%. Investors are anxiously awaiting progress on a deal to raise the debt ceiling before June 1, which is the earliest date the Treasury Department has said the U.S. could default on its debt obligations. Treasury Secretary Janet Yellen said last week that a lack of a deal could spur an "economic catastrophe." On Monday , Yellen reaffirmed that the U.S. faced the possibility of default as early June 1, the so-called "X date," if a deal isn't reached between the White House and Congress. "Waiting u

[ad_1] The Paramount logo is displayed at Columbia Square along Sunset Blvd in Hollywood, California on March 9, 2023. Patrick T. Fallon | AFP | Getty Images Paramount Global shares jumped more than 5% on Friday after an investor known as Warren Buffett's favorite banker piled into the media company's controlling shareholder. National Amusements, Paramount's majority voting shareholder, announced Thursday afternoon that it has entered into an agreement for a $125 million preferred equity investment by BDT Capital Partners. Stock Chart Icon Stock chart icon Paramount Some Buffett watchers noticed a curious connection with the news. BDT Capital's chairman and co-CEO is Byron Trott, who has long been known as Buffett's preferred and trusted banker. It was Trott who suggested that Buffett put a $5 billion lifeline in Goldman Sachs during the 2008 financial crisis. The connection didn't end there. Buffett's Berkshire Hathaway is actually Paramount's b

[ad_1] Where the major averages stand after Tuesday's selloff This is where all the major averages stand for 2023 and February after posting their worst session of the year and worst day since Dec. 15. Dow Jones Industrial Average: Down 0.05% in 2023 Down 2.81% in February 10.35% off record high 81.89% off pandemic low S&P 500: Up 4.11% for the year Down 1.94% in February 17.04% off record high 82.37% off pandemic low Nasdaq Composite: Up 9.8% for the year Down 0.8% this month 29.11% % off record high 73.30% off pandemic low — Samantha Subin, Chris Hayes Palo Alto Networks pops on guidance lift Palo Alto Networks ' stock jumped more than 7% in extended trading after the cybersecurity provider beat Wall Street's estimates for the recent quarter and management lifted third-quarter fiscal earnings guidance. For the recent quarter, the software maker posted adjusted earnings of $1.05 per share on $1.66 billion in revenue. Analysts expected EPS of 78 cents on $1.65 bill

[ad_1] U.S. stocks fell sharply Friday after the Federal Reserve's preferred inflation gauge showed a stronger-than-expected increase in prices last month. The Dow Jones Industrial Average fell by 364 points, or 1.1%. The S&P 500 and Nasdaq Composite slid 1.4% and 2.0%, respectively. The Dow fell as much as 510 points, or 1.54%, earlier in the trading session. Boeing shares slipped more than 4% after the company temporarily halted delivery of its 787 Dreamliners over a fuselage issue. Shares of Microsoft and Home Depot also fell more than 1%. The major averages are headed for a losing week. The S&P 500 is down 2.9% and is set for its worst week since Dec. 9. The Dow is down nearly 3% this week and headed for its fourth straight losing week. The Nasdaq is 3.5% lower, and on pace for its second negative week in three. The core personal consumption expenditures price index , the Fed's preferred measurement of inflation, rose 0.6% in January and 4.7% from the p

[ad_1] With the second half of the year now underway, investors may want to take another look at their fixed income portfolio. High yields have been a boon to income investors, as the Federal Reserve increased interest rates over the past year. The ramp up, which began in March 2022 in an effort to tame inflation, has pushed yields higher on assets like U.S. Treasurys: The rate on the the 6-month T-bill is hovering just below 5.5%, while the 2-year note is at about 4.7%. Yields on certificates of deposit, money market funds and preferred securities have also seen a boost. US2Y US6M YTD line Yields on the 2-year Treasury and the 6-month T-bill Now the market is looking at the prospect of the Fed approaching the end of its hiking campaign. Policymakers indicated at their June meeting that two more quarter-point increases are on the way before the end of 2023. Indeed, traders anticipate another quarter-point increase next week. Inflation appears to be cooling with consumer and produc

[ad_1] Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., July 12, 2023.  Brendan McDermid | Reuters Stock futures inched higher in overnight trading after the S&P 500 closed at its highest level in over a year. Markets also looked ahead to another key inflation reading. Disney shares added nearly 1% in extended trading after the entertainment giant extended CEO Bob Iger's contract through 2026, two years longer than planned. Futures tied to the S&P 500 rose 0.08%, while Nasdaq 100 futures added 0.14%. Futures connected to the Dow Jones Industrial Average gained 27 points, or 0.08%. Stocks surged on Wednesday after a cooler-than-expected June consumer price index report eased some worries that the Federal Reserve may tip the economy into a recession as it fights to bring down sticky inflation.   The S&P 500 and Nasdaq Composite jumped 0.74% and 1.15%, respectively, to hit their highest closing levels since April 2022.

[ad_1] Traders work on the floor of the New York Stock Exchange (NYSE) during morning trading on February 01, 2023 in New York City.  Michael M. Santiago | Getty Images U.S. stock futures were little changed on Tuesday night as Wall Street looks to resume a holiday-shortened week. Dow Jones Industrial Average futures fell by 31 points, or 0.09%. S&P 500 and Nasdaq 100 futures dipped 0.05% and 0.11%, respectively. Markets were closed Tuesday for the Fourth of July holiday. They closed early Monday. Investors are coming off a positive session Monday, which kicked off the start of a new month, quarter and half-year for traders. Stocks rose slightly during the shortened trading day, with the Dow Jones Industrial Average  adding 10.87 points, or 0.03%. The  S&P 500  rose 0.12%, while the  Nasdaq Composite  closed 0.21% higher. Those gains build on a strong start to the year. Last week, the Nasdaq Composite closed out its best first half of the year since 1983, while the S&P

[ad_1] Traders work on the floor of the New York Stock Exchange (NYSE), June 29, 2023. Brendan McDermid | Reuters U.S. stock futures were little changed Sunday night, as traders prepared for the second half of what's already been a stellar year on Wall Street. Futures tied to the Dow Jones Industrial Average dipped 17 points. S&P 500 and Nasdaq-100 futures traded flat. Tesla shares were little changed in overnight trading after the electric vehicle maker reported delivery and production numbers that beat analysts' expectations . Elsewhere, United shares inched marginally lower as bad weather contributed to a swath of flight disruptions for the airline over the long holiday weekend. Stocks are coming off a banner start to 2023. On Friday, the Nasdaq Composite closed out its biggest first-half gain since 1983, surging 31.7%, while the S&P 500 jumped 15.9% for its best first-half since 2019. The Dow Jones Industrial Average lagged, climbing a modest 3.8% d