Stocks Category

June 28, 2022
Stock Market declines following massive rally last week

Stock Market declines following massive rally last week U.S. stocks declined on Monday, erasing some of the gains made during a surge last week as expectations for the direction of interest-rate rises by the Federal Reserve softened. Early gains were erased by the S&P 500, which dropped 11.63 points, or 0.3 percent, to close at

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June 27, 2022
After stock rebound week, stock futures are marginally higher

After stock rebound week, stock futures are marginally higher Following a significant recovery last week from this year’s sharp declines, U.S. stock futures increased marginally on Monday morning. Wall Street is getting ready to close out the worst first half for equities in decades despite the rebound. Futures for the Dow Jones Industrial Average increased

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June 24, 2022
Fears about economy is growing as Wall Street’s hiring frenzy eases

Fears about economy is growing as Wall Street’s hiring frenzy eases After a hiring frenzy last year, Wall Street is slowing down due to the growing uncertainty around the U.S. economic future and the ensuing decline in the financial markets. In 2021 and early this year, Wall Street firms, including banks like Citigroup Inc, JPMorgan

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June 23, 2022
Stocks decline as Wall Street’s effort at a rally fails

Stocks decline as Wall Street’s effort at a rally fails As markets struggled to maintain a recovery from earlier in the day, stocks modestly declined on Wednesday in turbulent trading. Traders also considered remarks made by Federal Reserve Chair Jerome Powell, who reaffirmed the position of the central bank in battling inflation. In the last

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June 22, 2022
After a recent pullback, US stocks are up 2%

After a recent pullback, US stocks are up 2% Following a recent selloff, global market indices rose dramatically on Tuesday, with major U.S. stock indexes each closing the day up more than 2%, while the Japanese yen sank to its lowest level since October 1998 against the US dollar. As investors returned from a long

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