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Buy these ‘free cash flow favorites’ as the S&P 500 prepares to test June lows

As investors prepare for equities to possibly retest their lows of the year, Evercore ISI has lowered its target on the S & P 500 and said traders should look to buy shares of companies with strong cash flow. Markets have tumbled this week on fears the Federal Reserve’s commitment to aggressive rate hikes through …

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Treasury yields rise as curve remains inverted; investors watch Fed

U.S. Treasury yields were slightly higher on Monday, but a key yield curve remained inverted, with investors assessing the Federal Reserve’s likely policy move next week.At around 6:04 a.m. ET, the yield on the benchmark 10-year Treasury note climbed to 2.963% while the yield on the 30-year Treasury bond was up at 3.117%. Yields move …

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Jim Cramer says investors should eye these 5 downtrodden stocks

CNBC’s Jim Cramer on Thursday said that investors should search for buying opportunities among stocks being hammered by the turbulent stock market. “You could argue that for many groups, this bear market’s simply about working off the excesses of the past two years. … However, for some stocks, the sell-off has even been worse than that,” …

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JPMorgan (JPM) 2Q 2022 earnings

JPMorgan Chase said Thursday that second-quarter profit slumped as the bank built reserves for bad loans by $428 million.Here are the numbers:Earnings: $2.76 a share vs the $2.88 per share estimate of analysts surveyed by Refinitiv. Revenue: $31.63 billion, vs. $31.95 billion estimateProfit declined 28% from a year earlier to $8.65 billion, or $2.76 a …

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Treasury yields fall as traders track economic data, Fed remarks

U.S. Treasury yields slipped Wednesday as investors continue to assess the economic outlook amid rising recession fears.At around 5:48 a.m. ET, the yield on the benchmark 10-year Treasury note was down at 3.173%, while the yield on the 30-year Treasury bond dropped to 3.285%. Yields move inversely to prices.As the second quarter draws to a …

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Stock index futures inch higher following a losing day Monday

Stock futures rose slightly in overnight trading Monday following a losing day as investors prepare to rebalance their portfolios with the end of the quarter fast approaching.Futures on the Dow Jones Industrial Average gained 36 points. S&P 500 futures edged up 0.2% and Nasdaq 100 futures rose 0.3%.The overnight action followed modest losses on Wall …

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