Official VMware Takeover from Broadcom. Why is the stock market not excited?

font size Portable version of the VMware web page on the smartphone. Yuri Cherenkov / Dreamstime.com from Broadcom On Thursday, it said it had reached an agreement to buy a cloud computing company VMware for about $61 billion. If completed, the acquisition would be one of the largest of the year to date, beating Elon … Read more

Stock market today: Dow Jones gains ahead of the Fed minutes

font size Traders who work on the New York Stock Exchange. New York Stock Exchange The stock market was rebounding on Wednesday, ahead of the release of the minutes of the Federal Reserve’s meeting in May this afternoon, which could provide more clues about plans to raise interest rates. in the morning trading, Dow Jones … Read more

Market Reversal Boosts Big Dividends

Cash is king now. The latest evidence: the market’s embrace of dividend-paying stocks compared to other long-time favorites, companies that do buybacks. Investors Rush to companies that promise regular payments To shareholders, a sign of Wall Street’s thirst for cash as the Federal Reserve raises interest rates and major stock indices struggle. The S&P 500 … Read more

Stock futures decline in volatile trading

US stock futures tumbled, putting the S&P 500 index on track to flirt with bear market territory once again. S&P 500 futures fell 0.9% on Tuesday, while Dow Jones Industrial Average futures lost 0.6%. Contracts for the technology-heavy Nasdaq 100 are down 1.5%. On Monday, major US indicators Rebounded, giving investors a breath After a … Read more

Stock market closed higher after flirting with the bear market

US stocks rose, led by the financial sector, as the S&P 500 moved away from bear market territory after flirting with such levels in volatile trading session Friday. The broad market index advanced 72.39 points, or 1.9%, to 3,973.75 on Monday. At one point on Friday, the S&P 500 Slither so far It was on … Read more