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Stock Market

Is Juneteenth a federal holiday? What’s open and closed this week?

What is Juneteenth, America's newest federal holiday?Juneteenth marks the emancipation of enslaved Black Americans. It became a federal holiday in 2021.Juneteenth honors the end to slavery in the United States and became a federal holiday in 2021. Here's what to know about the holiday and what businesses will be open and closed on that day.June 19, 1865 is known as Emancipation Day or Freedom Day when slaves in Galveston Texas learned of their freedom following the President Abraham Lincoln's Emancipation Proclamation and the end of the Civil War.Juneteenth celebrations and...
Stock Market

Dow, S&P 500, Nasdaq rebound, oil slips as Israel-Iran conflict enters 4th day

Bank of America (BAC) analyst Brad Sills downgraded CoreWeave (CRWV) stock to Neutral from his previous Buy rating, citing the AI cloud company's high valuation. "Following Q1 results, the stock has run up 145%," Sills wrote, adding that he believes "much of the near-term upside has been priced in." Sills noted that CoreWeave is trading at 27 times its 2027 earnings, more than previously. He also noted CoreWeave's significant debt. "We forecast $21 billion of negative FCF through CY27, driven by high capex ($46.1 billion through CY27)," Sills wrote. "Historically,...
Stock Market

Stocks Jump as Market Looks to Rebound from Sell-Off Sparked by Israel-Iran Conflict; Oil Prices Drop

Boeing Levels to Watch After Last Week's Slide 54 minutes ago Boeing (BA) shares inched higher Monday morning after slumping to end last week following news that one of the company's aircraft was involved in an Air India plane crash on Thursday. While air safety experts have said that at this time there is no reason to think a manufacturing or design problem caused the incident, it comes as the aircraft manufacturer faces heightened scrutiny over its production processes following several mishaps involving its planes, including a door plug detaching in midair on an Alaska...
Stock Market

Dow futures jumps 265 points; UK Navy reports interference in Strait of Hormuz

Jun 16, 2025 3:19 PM ISTUS Stock Market Live: Ship Signal Jamming In Persian GulfNavigation signals from more than 900 vessels in the Strait of Hormuz and the Persian Gulf went awry over the weekend, creating confusion in the shipping chokepoint as the fighting between Iran and Israel intensified. Starboard Maritime Intelligence and Bloomberg data showed vessels sailing impossibly straight lines in the region, zig-zagging across the water, or appearing onshore. The glitches — which have affected oil tankers, cargo ships, tugs and fishing boats among others since Friday —...
Stock Market

Market Fear Gauge Simmers Down. Why the VIX Looks Calm.

The Cboe Volatility Index, also known as the VIX and the market’s fear gauge, was retreating early Monday after rising along with the stock market’s fall on Friday.The index was at about 20, around the level that tends to be seen as dividing market turbulence and general calm. In the middle of last week it was below 17, but it’s still well below the recent highs of 50 recorded in April when President Donald Trump unveiled his sweeping tariffs.The measure doesn’t only consist of how much stock prices are moving...
Stock Market

Sensex Today | Stock Market LIVE Updates: Nifty 50 moves towards to 24,950, BEL shares hit record high

Sensex Today | Stock Market LIVE Updates: After a period of relative volatility, the Indian markets appear to have steadied their ship. The Nifty 50 index is once again in touching distance of the 25,000 mark, having gained over 200 points. The Sensex has also surged by 600 points. Sensex Today | Stock Market LIVE Updates: After a period of relative volatility, the Indian markets appear to have steadied their ship. The Nifty 50 index is once again in touching distance of the 25,000 mark, having gained over 200 points. The...
Stock Market

Indian stock market: Sensex, Nifty 50 fall 1% for the week; can the correction continue?

Indian stock market benchmarks fell over a per cent last week, dragged by escalating tensions in the Middle East, tariff-related uncertainty and foreign capital outflow.The Nifty 50 fell 1.14 per cent, while the Sensex suffered a loss of 1.30 per cent for the week ended June 13. The BSE Midcap index declined 0.90 per cent, while the BSE Smallcap slipped 0.13 per cent. The Nifty Bank index fell 1.9 per cent last week.In the Nifty index, stocks such as Eternal, Adani Ports, Titan Company, Power Grid, Tata Steel, Tata Consumer,...
Stock Market

Concentrated Stock Positions: Compounding Versus Risk

Warren Buffett and Charlie Munger used concentrated stock positions to compound wealth. The methods ... More behind the strategy are examined along with data on the risks. (Photo credit should read JOHANNES EISELE/AFP via Getty Images)AFP via Getty Images Charlie’s portfolio was concentrated in very few securities and therefore his record was much more volatile but it was based on the same discount-from-value approach. He was willing to accept greater peaks and valleys of performance, and he happens to be a fellow whose whole psyche goes toward concentration, with the...
Stock Market

Dow, Nasdaq, S&P 500 Slide; Israel Attacks Iran, Drones; Oil Prices Jump; Exxon, Chevron, Tesla, Lockheed Martin and More Movers

Escalating conflict between Israel and Iran sent the stock market falling on Friday.The Dow Jones Industrial Average dropped 770 points, or 1.8%. The S&P 500 fell 1.1%. The Nasdaq Composite was off 1.3%.After Israel launched attacks on Iran’s nuclear infrastructure and Iranian personnel, Iran retaliated by firing missiles at Israel later in the trading session.Secretary of State Marco Rubio said the U.S. was not involved in Israel’s strikes, but President Donald Trump said Iran should have made a deal with the U.S. in the 60-day span he offered.“Today is day...
Stock Market

Juneteenth Stock Market Holiday: What to Know

Markets will be close in observance next Thursday, June 19 On June 19th, 1865, Union soldiers arrived in Galveston, Texas with news that the Civil War had ended and that all slaves were now free. This day is celebrated each year as Juneteenth, and is considered to be the oldest known celebration of the end of slavery in the United States. Juneteenth was recognized as a federal holiday on June 17, 2021, when U.S. President Joe Biden signed the Juneteenth National Independence Day Act into law. But what does this have...
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