SP
Sarah Ponczek
Bloomberg
- New York, New York, United States
Covers
Publications
- Bloomberg91 articles
- yahoo.com3 articles
- dailystar.com.lb3 articles
- yahoo.com3 articles
- smh.com.au2 articles
- The Bulletin1 article
- moneyweb.co.za1 article
Writes Most On
- Earnings Season Flop Leaves a Short List of Stock Market Saviors19 May 2020—BloombergLISTEN TO ARTICLE 5:29 SHARE THIS ARTICLE Share Tweet Post Email Photographer: Jin Lee/Bloomberg Surging profits, a humming economy, lower Treasury rates. The things that used to rev up the stock market are no longer able to get its motor running. Suddenly it seems like everything is a headwind. The Federal Reserve is raising rates. Cost pressures are percolating. Valuations are under siege and a decade-long bull market is at stake. Rather than provide comfort, earnings have become a source...
- At Sell-Off's Core Is an Earnings Season That's Consoling No One19 May 2020—BloombergLISTEN TO ARTICLE 5:17 SHARE THIS ARTICLE Share Tweet Post Email A quarter of the way through earnings season and 10 months into what is sure to be the biggest year for profit growth this decade, the numbers are strong. The market doesn’t care. It sounds astonishing: at a time when S&P 500 operating income is surging more than twice the historical average, stocks have gone nowhere, with both the Dow Jones Industrial Average and S&P 500 erasing their annual gain on Wednesday. “This is really...
- Marijuana Stock Trading Is Dominated by Dudes and Millennials19 May 2020—BloombergLISTEN TO ARTICLE 1:38 SHARE THIS ARTICLE Share Tweet Post Email Marijuana stock trading is dominated by dudes. Men accounted for 75 percent of all cannabis-related securities trades over the past month, higher than the usual share of male traders, according to data from TD Ameritrade. At the end of last year, baby boomers were more likely to trade marijuana stocks, but now the online broker is seeing more interest among millennials. The younger cohort also trades more actively -- about 25...
- Stocks Shake Tech Woes to Close Up; Yields Climb: Markets Wrap19 May 2020—BloombergSHARE THIS ARTICLE Share Tweet Post Email U.S. stocks edged higher, led by energy-related companies, as equity markets shrugged off weakness in technology and threats of global trade barriers. Government bond yields increased as investors braced for higher U.S. borrowing rates. Crude advanced to a three-week high as the OPEC-led alliance of major oil producers accelerated the time line for curbing a worldwide supply glut, helping to lift the shares of companies such as Hess Corp. and Marathon...
- Stocks Rise on Earnings, Shutdown Deal Optimism: Markets Wrap19 May 2020—BloombergSHARE THIS ARTICLE Share Tweet Post Email Stocks rose as corporate earnings bolstered confidence in the economy and President Donald Trump said U.S. lawmakers agreed to re-open the government on an interim basis. Treasuries yields rose and the dollar weakened against most of its major peers. The Dow Jones Industrial Average and Nasdaq Composite indexes erased their first weekly declines of the year to finish in the green, while the S&P 500 finished marginally lower. The rally in...
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