Articles by Daniel Marsh
Mortgage Rates Dip Slightly as Housing Market Struggles
Mortgage rates edged lower this week, with the 30-year fixed average at 6.31%. However, housing demand remains weak, with existing-home sales falling 3.6% in March.
Stocks Climb as Oil Retreats, Inflation Data Eases Rate Fears
U.S. equities advanced Tuesday, with the Dow Jones Industrial Average rising approximately 290 points, bolstered by a sharp decline in oil prices and wholesale inflation data that was cooler than anticipated.
Air Canada Reveals New Premium Cabins for A321XLR and 787-10 Jets
Air Canada has introduced next-generation premium cabins for its upcoming Airbus A321XLR and Boeing 787-10 aircraft, featuring lie-flat suites and upgraded amenities as part of a broader push to attract high-value international passengers.
Royal Caribbean Expands Cyprus Presence with Second Ship Registration
Royal Caribbean Group has registered the Navigator of the Seas under the Cyprus flag, marking its second vessel in the island's registry. The move follows the company's 2023 establishment of a permanent Limassol office and aligns with broader operational expansion.
Markets Rally on Geopolitical Hopes; AI and Growth ETFs Advised for Young Investors
Equities advanced on optimism for a resolution to the Iran conflict, while a market veteran recommends young investors allocate monthly funds to Vanguard's VGT and VUG ETFs for long-term growth.
SanDisk Surges on Nasdaq-100 Inclusion, Replacing Atlassian
SanDisk shares rallied sharply Monday following its selection to join the Nasdaq-100 index, with the flash memory maker set to replace Atlassian ahead of the April 20 market open.
Salesforce Stake Reductions by Major Funds Highlighted, but Data is Dated
Salesforce drew attention after SEC filings showed Choreo and Sumitomo Mitsui Trust reduced their stakes in Q4, though the data is months old. Shares gained 3.4% amid broader software sector weakness.
Sandisk Soars on Nasdaq-100 Inclusion Amid AI Storage Boom
Sandisk shares jumped 7.3% to $913.56 following its inclusion in the Nasdaq-100 index, replacing software firm Atlassian. The move reflects investor rotation into AI infrastructure plays amid surging data storage demand.
Oil Surge Over $100 Weighs on Futures as Earnings Season Begins
U.S. stock futures retreated Monday as oil prices surged past $100 a barrel following stalled U.S.-Iran talks. Goldman Sachs reported strong earnings but shares fell premarket, while energy stocks gained.
Asia Air Travel Stabilizes Amid Lingering Gulf Route Disruptions
Key Asian airports operated smoothly Monday, avoiding widespread shutdowns, though airlines continue to cut Gulf routes. Jet fuel shortages and longer flight paths are driving up operational expenses.
