April’s consumer price index report expected to show inflation has already peaked

April's consumer price index report expected to show inflation has already peaked

Shoppers inside a grocery store in San Francisco, California, US, on Monday, May 2, 2022. David Paul Morris | Bloomberg | Getty Images April’s consumer price index report is expected to show inflation has already reached a peak — a development that some investors say could temporarily soothe markets. But economists say, even with a … Read more

5 things to know before the stock market opens Monday, May 9

5 things to know before the stock market opens Monday, May 9

Here are the most important news, trends and analysis that investors need to start their trading day: 1. Nasdaq futures over drop 2% as stocks continue to sell off Traders on the floor of the NYSE, May 6, 2022. Source: NYSE The Nasdaq was poised to lead Wall Street lower again Monday, with futures tied … Read more

Open to close after Wall Street sell-off

Open to close after Wall Street sell-off

The pan-European Stoxx 600 fell 1% in early trade, with retail stocks shedding 1.5% to lead losses as almost all sectors and major Bourses slide into negative territory. Oil and gas stocks gained 0.7%. The Dow Jones Industrial Average plunged more than 1,000 points and the Nasdaq Composite fell nearly 5% on Thursday, erasing Wednesday’s … Read more

Market panic because of Biden and Powell’s inflation incoherence

Market panic because of Biden and Powell's inflation incoherence

Fed chairs have historically been inscrutable when talking in public, leaning on something called “Fedspeak.” By talking in riddles, financial markets don’t overreact to your every word. But speaking in riddles is different than acting acting in riddles. And that’s exactly what the Biden administration and Fed chair Jerome Powell are doing. That’s why we … Read more

Why Is Bitcoin Falling? Prices Drop Amid Broader Market Tumble.

Why Is Bitcoin Falling? Prices Drop Amid Broader Market Tumble.

Bitcoin was trading around $37,000 Thursday. Rutmer Visser/Dreamstime Text size The price of Bitcoin, Ether, and other cryptocurrencies slumped on Thursday, reversing a recent rally as a deep selloff in the stock market spread to digital assets.. Bitcoin tumbled 6% over the past 24 hours to around $36,900, after ending 6% higher on Wednesday and … Read more

5 things to know before the stock market opens Wednesday, May 4

5 things to know before the stock market opens Wednesday, May 4

Here are the most important news, trends and analysis that investors need to start their trading day: 1. Wall Street set to rise ahead of Fed decision, after weaker ADP data Traders on the floor of the NYSE, May 3, 2022. Source: NYSE US stock futures pointed to a higher open Wednesday ahead of the … Read more

Will Fed rate hike be a ‘clearing event’ for battered U.S. stock market? What investors are watching for on Wednesday

Will Fed rate hike be a 'clearing event' for battered U.S. stock market? What investors are watching for on Wednesday

A little clarity from the Federal Reserve on the likely size and scope of future rate increases on Wednesday could be a balm for a bruised US stock market, according to some analysts. The meeting could set up as “yet another ‘clearing event,’” said Sherif Hamid, a strategist at Jefferies, in a note last week. … Read more

Stock Market Today: Stocks Rally Into Close as Key Bond Yield Passes 3%

Stock Market Today: Stocks Rally Into Close as Key Bond Yield Passes 3%

The stock market bounced back a little bit Monday, as investors look ahead to Wednesday’s FOMC meeting. Buyers stepped in after a steep selloff on Friday, which saw the Dow fall almost 3%, the S&P 500 shed more than 3%, and the Nasdaq tumble more than 4%. The general concerns that still linger: the Federal … Read more

A rough 4 months for stocks: S&P 500 books the worst start to a year since 1939. Here’s what pros say you should do now.

A rough 4 months for stocks: S&P 500 books the worst start to a year since 1939. Here's what pros say you should do now.

To say that it has been a perilous stretch for bullish stock investors on Wall Street lately is a bit of an understatement. Marked by stomach-churning volatility and bruising losses in once-popular technology trades, the S&P 500 booked its worst start to a year, through the first four months of 2022, in over 80 years, … Read more

5 things to know before the stock market opens Friday, April 29

5 things to know before the stock market opens Friday, April 29

Here are the most important news, trends and analysis that investors need to start their trading day: 1. Tech pressures Wall Street premarket; data shows inflation still high Traders on the floor of the NYSE, April 28, 2022. Source: NYSE 2. Amazon falls on ugly forecast and slowest growth since dot-com bust Andy Jassy, ​​CEO … Read more