Japan Second-Quarter GDP Revision Sparks Recession Fears – CCN.com

Japan’s economy faces both external and internal risks as latest GDP numbers released. | Source: Shutterstock Japan’s economic expansion cooled more than initially forecast in the second quarter, revised data showed, complicating the government’s planned consumption tax hike later this year. Ironically, the long-delayed sales tax increase is expected to shrink Japan’s GDP output later […]

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Dow Rallies With Oil as Trade War Grinds to Crippling Deadlock – CCN Markets

The Dow Jones pounded toward an impressive recovery on Wednesday despite opening sharply lower. The oil price also trended higher as supply dwindled. | Source: Scott Olson / Getty Images / AFP The Dow Jones shrugged off an opening-bell dive to rally back into the green on Wednesday. Appetite for stocks continues to look firm, […]

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This Stock Is Up by Over 40% and Likely Has More Upside Potential – CCN Markets

Axon Enterprise Inc. (AAXN) is probably a company that you’ve never heard of. However, we’re about to give you some reasons why you should keep track of this stock. The security company manufactures and sells conducted electrical weapons (popularly known as tasers) for use by law enforcement, military, security contractors, and private citizens. The ability […]

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Dow Clings to 250-Point Rally as Trump Flexes at G7 Summit – CCN Markets

By CCN Markets: The Dow Jones clung to gains of more than 250 points on Monday after President Donald Trump held a joint press conference with French President Emanuel Macron at the G7 in France. While the stock market edged back toward its session highs, Trump appeared unable to offer anything fresh for bulls to […]

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Here’s Why Netflix Stock Will Rebound from Ugly 30% Crash

Netflix stock is down 30%, but the NFLX technical picture suggests a major rally waits on the near-term horizon. | Source: Shutterstock By CCN Markets: Netflix stock remains firmly in the limelight – for all the wrong reasons. NFLX shares are down nearly 30 percent from their all-time high, and the stock has plunged more […]

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Stock Market Rally Proves Rate Cut Would Be a Mistake: Byron Wien

Byron Wien at the start of the year predicted the stock market would advance 15 percent in 2019. Now he says Fed should leave rates alone. | Source: REUTERS/Brendan McDermid By CCN Markets: Wall Street veteran Byron Wien has a reputation as a  prognosticator in the stock market, and so when he makes predictions, you […]

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Dow Secures 265 Point Rally But Crippling Recession Fears Linger

The Dow secured a 265 point rally to close the week, but crippling recession fears continue to threaten the U.S. stock market. | Source: AP Photo / Richard Drew By CCN Markets: The Dow and broader U.S. stock market advanced Friday, as traders looked past an ominous recession warning from the government bond market. Dow […]

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Dow Teeters on the Edge as 30-Year Bond Yield Crashes to Record Low

The Dow Jones fought to secure modest gains on Thursday, even as the 30-year Treasury yield crashed to a record low below 2%. | Source: Drew Angerer / Getty Images / AFP By CCN Markets: The Dow and broader U.S. stock market traded mixed on Thursday, as the flight to safety assets triggered another steep […]

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Dow Suffers 750 Point Crash as German Economy Teeters on Recession

The Dow suffered a vicious 750 point crash as the German economy teetered on the brink of a devastating recession. | Source: REUTERS/Kai Pfaffenbach By CCN Markets: The Dow and broader U.S. stock market plunged anew on Wednesday, erasing the previous day’s recovery after a slumping German economy raised red flags about the health of […]

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