Veteran analyst delivers stark message for investors in stocks

Taiwan Semiconductor Manufacturing Co. (TSMC) signage on the floor of the New York Stock Exchange (NYSE) in New York, US, on Friday, Jan. 2, 2026. Michael Nagle |...

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Stocks close in positive territoryThe three major averages finished higher on Friday.The S&P 500 rose 0.84% to 7,398.93, while the Nasdaq Composite surged 1.71% to 26,247.08. The Dow...

Key takeaways Current oil prices, while high, are not yet at a crisis level for the equity markets. The reopening of the Strait of Hormuz is uncertain and...