Third Point's Loeb says Cathie Wood has 'stonk hodlers' mentality

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On form Citadel and other hedge funds to return some profits to clients in 2023 - WSJ

December 21, 2022 12:23 PM EST

Citadel is expected to return around $7 billion in profits to clients based on what it expects to be its most profitable year ever, The Wall Street Journal reported Wednesday.

Citing people familiar with the firm, the WSJ said Citadel's flagship fund is up about 32% for the year through November,... More

Stocks extend gains: Dow +514, S&P 500 +57, Nasdaq +166

December 21, 2022 10:52 AM EST

Stocks extend gains: Dow +514, S&P 500 +57, Nasdaq +166

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Stocks at session highs following strong consumer confidence, weak housing news: Dow +355, S&P 500 +41, Nasdaq +115

December 21, 2022 10:18 AM EST

Stocks at session highs following strong consumer confidence, weak housing news: Dow +355, S&P 500 +41, Nasdaq +115

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U.S. existing home sales fall for 10th straight month in November

December 21, 2022 10:01 AM EST

WASHINGTON (Reuters) - U.S. existing home sales slumped to a 2-1/2 year low in November as the housing market continued to be squeezed by higher mortgage rates.

Existing home sales plunged 7.7% to a seasonally adjusted annual rate of 4.09 million units last month, the lowest level since May 2020, the National Association of Realtors said on Wednesday. Outside the plunge during the first wave of the COVID-19 pandemic in the spring of 2020, this was the lowest level since November 2010.

Sales have now declined for 10 straight months, the longest such stretch since 1999. They dropped in all four regions in November.... More

U.S. Dec Consumer Confidence 108.3 versus 101 expected

December 21, 2022 10:01 AM EST

U.S. Dec Consumer Confidence 108.3 versus 101 expected

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Global S&P Futures mixed to higher in premarket

December 21, 2022 4:14 AM EST

Global S&P Futures mixed to higher in premarket, Nikkei down 2%, DAX mixed, WTI Crude oil recently at $76, natural gas up 3%, gold at $1824

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