No Picture
Trading Ideas

The 11 Stock Market Sectors and Performance

The stock market can be an overwhelming place, especially if you’re new to the scene. With so many stocks to choose from, you might not know where to begin. That’s why knowing the stock market sectors can help.
Sectors break up the stock market into smaller pieces. By understanding them, you can better know where you want to invest your money.
What Are the Stock Market Sectors?
Stock market sectors are groups of stocks based on similar characteristics. This can include related products, services, or shared operations. Morgan Stanley Capital International (MSCI) alongside Standard and Poor’s built this classification system. There are 11 …read more […]

No Picture
Trading Ideas

Boeing addresses new 737 MAX software issue that could keep plane grounded longer

Boeing Co said on Friday it is addressing a new software issue discovered in Iowa last weekend during a technical review of the proposed update to the grounded Boeing 737 MAX, a development that could further delay the plane’s return to service. “We are making necessary updates,” Boeing said in a statement. The monitor check is prompted by a software command at airplane or system power up, and will set the appropriate indication if maintenance is required, company officials added. …read more […]

No Picture
Trading Ideas

Judge slashes $8 bln Risperdal award against Johnson & Johnson to $6.8 mln

A Pennsylvania judge on Friday slashed to $6.8 million from $8 billion a punitive damages award against Johnson & Johnson for allegedly failing to warn men that they could grow breasts by using its antipsychotic drug Risperdal. The decision by Judge Kenneth Powell of the Philadelphia Court of Common Pleas to reduce punitive damages for the plaintiff Nicholas Murray followed a jury’s imposition of the original award last Oct. 8. Murray, like other male plaintiffs in mass tort litigation over Risperdal, claimed that he developed breasts after being prescribed the medicine when he was a boy. …read more […]

No Picture
Trading Ideas

Toyota to move Tacoma truck production to Mexico from U.S.

Toyota Motor Corp said on Friday it will move production of its mid-size Tacoma pick-up truck from the United States to Mexico as it adjusts production around North America. The largest Japanese automaker also said it will end production of the Toyota Sequoia in Indiana by 2022 as that facility focuses on mid-size SUVs and minivans. Toyota will shift production of the Sequoia in 2022 to Texas and that plant will end production of the Tacoma by late 2021. …read more […]