Stock Market for Beginners: What News to Read
Staying on top of what is going on in the world of finance is a difficult thing to do every single day. Fortunately, there are a variety of news sources that give you the latest and most reliable information. With the help of these sites, you can start making decisions that will maximize your profits and minimize your losses.
Below is a list of news sources that Zivolve recommends to read to get your daily dose of business, finance, and stock market news.
Investopedia is a great place to start learning about the basics of finance. Like dictionary.com, it lays out the complex mechanisms of the finance world through easy-to-understand educational content. On top of teaching its visitors, it also provides its Markets tab which provides key metrics on US indexes and individual stocks. Additionally, this Markets tab also displays top news.
Like more popular finance news sites, Marketwatch focuses less on teaching newcomers and more on reporting on important news. Its landing page resembles Investopedia’s Markets tab, featuring the numbers around US indexes and the latest news. Marketwatch’s coverage delves much deeper into the details and trends of not only stocks, but commodities like oil and gold and foreign exchange, otherwise known as forex. The site continues building its readership and expertise by providing free and paid news on global economic and financial trends.
Founded by billionaire Michael Bloomberg, this news site provides a vast collection of news. Its reports are categorized by a number of labels, ranging from stocks, currencies, and economics. Bloomberg News provides excellent context when researching specific stocks. After entering in a specific stock abbreviation in the search bar, Bloomberg will not only provide the status of that stock but also related news pieces on that stock. Knowing the historical context of the stock and its industry is very helpful in making wise decisions.
Based in London, Reuters provides a financial news perspective from outside the United States. This is a great way to get a more international and rounded point of view on the world market. This news site is very similar to Bloomberg, sharing intricate analysis as well as stock statuses coupled with news articles.
This news site is a great resource for those who actively trade, as opposed to long-term investing. Investing.com is a popular place to check on quotes for all kinds of investments. Similar to Bloomberg and Reuters, visitors can stay up to date on ETFs, futures contracts, and forex.
In Conclusion
There are a variety of news sites out there, free and paid, educational and news-based. Wherever you are on the path of understanding and participating in the finance world, it is essential that you take a few minutes out of your day to read at least one article. It can be as small-scale as the future predictions for a stock or as encompassing as the general macroeconomic atmosphere. Eventually, you will increase your financial literacy. Overtime, these small daily efforts will be very rewarding.
Sources:
Shobhit Seth. “Top Financial and Stock Market News Sites”. Investopedia. Updated July 19th, 2020.
https://www.investopedia.com/articles/investing/112514/top-sites-latest-stock-market-news.asp Accessed July 21, 2020.
Originally published at https://blog.zivolve.com on September 9, 2020.
