Finance

By one measure, stocks are as pricey as they were before the dotcom bubble burst, and that should give investors pause moving forward, according to Doug Ramsey of The Leuthold Group. The firm’s chief investment officer said in a note Friday that the S&P 500’s price-to-sales ratio is around 2.2, …

The U.S. government reported that the manufacturing sector added 37,000 jobs during July, pushing the industry to the best annual job gain in more than 20 years. Over the past year through July, U.S. manufacturing added 327,000 jobs, the most of any 12-month period since April 1995. The sector received …

Drew Angerer | Getty Images Michael Cohen, former personal attorney for U.S. President Donald Trump, exits the Loews Regency hotel and walks toward a taxi cab, July 27, 2018 in New York City.  Just days before federal agents raided Michael Cohen’s home and office, Donald Trump’s then-personal lawyer secured a …

China Photos | Getty Images A driver fills his car at a PetroChina gas station in Guangzhou, China. Before Apple hit $1 trillion in market value Thursday, there was Chinese oil giant PetroChina, which reached the milestone more than a decade ago. It did not fare too well after that. …

Peter Foley | Bloomberg | Getty Images Burton G. Malkiel, professor emeritus of economics at Princeton University, speaks at the John C. Bogle Legacy Forum in New York, U.S., on Tuesday, Jan. 31, 2012.  Investing pioneer Burton Malkiel believes investors shouldn’t worry too much about a key recession indicator or …

Nicolas Asfouri | AFP | Getty Images U.S. President Donald Trump and China’s President Xi Jinping leave a business leaders event at the Great Hall of the People in Beijing on November 9, 2017. The U.S. and China are seeking to restart talks to avert a trade war, according to …

Wall Street’s expectations for Twitter have been appropriately reset as evidenced by the recent nosedive in the company’s stock, according to Nomura Instinet, which upgraded shares to neutral from reduce on Tuesday. “Dealing with traffic and content quality on these platforms as well as protecting users’ privacy comes at a …

Kiyoshi Ota | Bloomberg | Getty Images Pedestrians cross a road in front of the Bank of Japan headquarters in Tokyo, Japan, on Tuesday, Oct. 31, 2017. With inflation in Japan expected to remain muted, some experts are predicting that the Bank of Japan will tweak its 10-year government bond …

The market’s favorite technology stocks are tanking as investors growing concerned over the companies’ ambitious growth targets following disappointing financial results from Facebook and Netflix this month. The NYSE FANG+ index is down more than 10 percent from its high of 3,062.88 in mid-June after its 2.7 percent drop Monday …

The “Options Action” traders share three options trading strategies to kick off the week. Dan Nathan recommends a collar strategy in Apple. Carter Worth and Mike Khouw recommend a bearish call spread in Tesla. Mike Khouw recommends a put spread in Square Trader disclosure: On July 20, 2018, the following …