CNBC’s Jim Cramer on Tuesday warned about the stock market implications of Federal Reserve Chairman Jerome Powell‘s upcoming post-meeting news conference. The Fed is set to release its policy statement at 2 p.m. ET on Wednesday, at the conclusion of its two-day June gathering. Powell’s Q&A session with reporters is scheduled to follow. Powell’s comments
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Check out the companies making headlines before the bell: Novavax (NVAX) – The drugmaker said its Covid-19 vaccine proved 90% effective overall in a late-stage trial, and 93% effective against the most predominant variants of the virus. It also provided 100% protection against moderate and severe disease. Novavax shares surged 10.4% in premarket trading. Lordstown
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Dividend stocks appeal to passive-income seekers. Broader markets have also seen record highs in recent days. Yet, investors still have opportunities for buying robust dividend names for less than where they were trading several weeks ago. Of course, even businesses with significant catalysts come under stress every now and then. However, leading companies with good
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Among all the speculative financial instruments on the market, Special Purpose Acquisition Companies, or SPACs, are the riskiest. Fortunately, however,  Fisker (NYSE:FSR) is one former SPAC whose business model is attracting investors. FSR stock has rebounded from its mid-May low of $10 to $18.65 this afternoon and could head higher in the long-term. Source: T. Schneider
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Silver is valued both as an industrial metal and as a precious metal. It is used in jewelry, electronics, and photography. Many investors use it as a safe haven in times of economic turmoil and sometimes as a hedge against inflation. Silver mining companies are engaged in the acquisition, exploration, development, and production of mineral
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There has never been agreement about what should be done to solve the ballooning U.S. debt problem. On one side are those who believe higher tax rates are required to bring in desperately needed revenue. On the other side are those who believe that raising taxes is a bad idea, especially during a recession, and
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