US stocks pare losses
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Shares of nuclear power companies closed higher on Friday after U.S. President Donald Trump signed executive orders seeking to jumpstart the industry.
Nuclear energy stocks soared Friday after President Donald Trump signed multiple executive orders. The administration says the new orders will kickstart the production of nuclear power in the U.S. by easing the regulatory process on approvals for new reactors and directing the Departments of Energy and Defense to identify federal lands for nuclear deployment,
Shares of Constellation Energy, Oklo and other nuclear power companies surged following a report that President Donald Trump planned to sign executive orders boosting the nuclear industry as soon as Friday, with an ease in regulations that would streamline construction of new reactors.
The 50-day moving average is a short- to mid-term trend indicator. When a stock is above its rising 50-day MA, it has about a 67% chance of closing higher the next day. That trend flips bearish when the 50-day is sloping downward. This “technical rule” can be used effectively on stocks, ETFs and market indices.
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President Trump lashed out at Apple CEO Tim Cook as he wielded more tariff threats against the European Union pressuring U.S. stocks which are on pace for weekly losses. The 10-year Treasury yield hovered near 4.
Warren Buffett is still calling the shots at Berkshire Hathaway but plans to soon turn over investment decisions. Buffett famously likes to invest in safe stocks and I believe that these three are safe bets for the long haul.
The market meltdown hypothesis, popular in the 1990s, held that equity sales by retiring baby boomers would swamp demand from their juniors, crashing the market. It seemed wrong for a while, partly because of globalisation.
U.S. stocks saw a broad selloff Wednesday afternoon after the yield on the 10-year Treasury crossed above 4.5% rattling investors. The benchmark is a barometer for everything from mortgages to personal loans and now signaling higher borrowing costs.
U.S. family offices, the private investment arms of wealthy families, had 86% of their portfolios in North America in the first quarter, up from 74% in 2020.
Apple falls after President Donald Trump says the tech giant will have to pay a tariff of at least 25% for iPhones made outside the United States, while Tesla stock is on pace to end a four-week winning streak.