News

Mainland China Investors’ Sway Over HK Stocks Grows

(Bloomberg) -- Mainland Chinese investors’ support for Hong Kong stocks is growing, helping to ease their valuation discount to onshore peers and indicating the city’s shares may rise further.Most Read from BloombergCuts to Section 8 Housing Assistance Loom Amid HUD UncertaintyRemembering the Landscape Architect Who Embraced the CityNYC Office Buildings See Resurgence as Investors Pile Into BondsHong Kong Joins Global Stadium Race With New $4 Billion Sports ParkNJ Transit to Deploy Customer-Serv

Goldman’s Kostin Warns S&P 500 Rally Faces Hurdles in Near Term

(Bloomberg) -- Any rebound in the S&P 500 Index is likely to prove temporary amid concerns about the US economy, according to Goldman Sachs Group Inc. strategists.Most Read from BloombergCuts to Section 8 Housing Assistance Loom Amid HUD UncertaintyRemembering the Landscape Architect Who Embraced the CityNYC Office Buildings See Resurgence as Investors Pile Into BondsHong Kong Joins Global Stadium Race With New $4 Billion Sports ParkNJ Transit to Deploy Customer-Service Teams After Record Delays

3 Reasons to Avoid GLW and 1 Stock to Buy Instead

Corning’s 23.7% return over the past six months has outpaced the S&P 500 by 16%, and its stock price has climbed to $50.30 per share. This was partly thanks to its solid quarterly results, and the run-up might have investors contemplating their next move.

3 Reasons to Sell CSL and 1 Stock to Buy Instead

Over the past six months, Carlisle’s stock price fell to $343.26. Shareholders have lost 14.9% of their capital, which is disappointing considering the S&P 500 has climbed by 7.6%. This was partly driven by its softer quarterly results and might have investors contemplating their next move.