Latest Market News

The Humane Society announced Friday that it has called on the Securities and Exchange Commission to investigate McDonald’s Corp. MCD, -1.99% “for deceiving shareholders and the public about its animal confinement policies.” The Humane Society is a shareholder, and previously filed a proposal on the company’s animal welfare practices. “McDonald’s has admitted-albeit very briefly in […]

Daily Market Outlook, April 22, 2022 Overnight Headlines Nomura Expects Fed To Hike By 75 Basis Points In June And July Fed’s Powell, Half-Point Hike In View, Completes Hawkish Pivot Fed’s Daly: Hiking Fed Policy Rate Beyond 2.5% Is Open Question Bank Of Canada Leaves Door Open To A 75-Basis-Point Rate Hike UK Consumer Confidence […]

The U.S. Dollar Index DXY, +0.54% rose almost 0.7% on Friday to 101.25, a level last seen in March 2020 when investors world-wide piled into the greenback during the onset of the COVID-19 pandemic. The dollar is getting a lift from expectations that the Federal Reserve is about to start aggressively hiking rates in order […]

There is no sign of panic selling activity, despite the stock market’s biggest drop off in seven weeks, according to the Arms Index that tracks market internals. The Arms is a volume-weighted breadth measure that tends to rise above 1.000 during market declines and fell below 1.000 during rallies. Many Arms followers believe readings above […]

Value Line Inc. VALU, -19.19% said Friday it will raise its quarterly dividend by 13.6%, to 25 cents a share from 22 cents. The investment research provider’s new dividend will be payable May 11 to shareholders of record on May 2. Based on current stock prices, the new annual dividend rate implies a dividend yield […]

Another week comes to a close for traders and it’s been nice for many to get back into the swing of things following the Easter break. In terms of market action it’s been a funny old week indeed. The main theme over the first half of the week was the sharp weakening in JPY which […]