The S&P 500 earnings recession is now set to end, as bottom-line results for the fourth quarter have swung to growth for the first time in a year as more companies are beating expectations, by bigger margins, than usual.
Scott Peng, the founder and chief investment officer of New York investment manager Advocate Capital Management, says a perfect storm is being unleashed.
Scott Peng, the founder and chief investment officer of New York investment manager Advocate Capital Management, says a perfect storm is being unleashed.
Gold prices trade higher Wednesday, with investors attributing its early, modest rise to an attempted recovery from selling in the precious metal and its sister commodity silver.
U.S. private companies added 174,000 jobs in January after shedding workers in the prior month, according to the ADP National Employment Report released Wednesday.