Stocks fall further into a bear market ahead of major Fed comments
Stocks fall further into a bear market ahead of major Fed comments Most stocks on Wall Street fell in their first trading day Tuesday after plunging into a bear market on fears that soaring inflation may force central banks to slam the brakes on the economy too forcefully. The S&P 500 index slid 14.15 points, […]
S&P 500 entered a bear market, global stocks dropped
S&P 500 entered a bear market, global stocks dropped Stock futures increased, indicating that U.S. markets were on the verge of recovering from a meltdown that pushed the S&P 500 into a bear market on Monday, but Asian stocks remained under pressure. In Asia on Tuesday morning, S&P 500 futures were up 0.6 percent. The […]
Concerns about Global Economy have caused the stock markets to fall
Concerns about Global Economy have caused the stock markets to fall As a result of rising prices in the United States, Asian stock markets have plunged, raising fears that the Federal Reserve may tighten its monetary policy to combat inflation. At the same time, the US dollar rose to 135 yen for the first time […]
Stocks drop as Wall Street prepares for inflation data
Stocks drop as Wall Street prepares for inflation data Stocks in the United States fell sharply on Thursday, as Wall Street fretted about critical inflation data due out on Friday. The S&P 500 was down 2.4 percent, and the Dow Jones Industrial Average was down 1.9 percent, or 640 points. The NASDAQ Composite Index dropped […]
As volatile trading on Wall Street continues, stocks dip
As volatile trading on Wall Street continues, stocks dip Investors were disheartened to see further evidence of inflation’s impact on businesses and another grim forecast for the global economy on Wall Street Wednesday, erasing most of their gains for the week. The losses come after a string of choppy trading days, with key indexes swinging […]
Higher US bond yields and the USD halted Wall Street
Higher US bond yields and the USD halted Wall Street Higher US bond yields and a stronger USD dragged down Wall Street futures on Monday. Higher bond yields, i.e. higher borrowing costs, are generally negative for corporate profitability, whereas a stronger dollar is unfavourable for export-oriented US MNCs, particularly tech companies. After a slight reversal […]
The recovery of the US stock market will be put to the test by inflation
The recovery of the US stock market will be put to the test by inflation The rise that brought US stocks back from the brink of a bear market will be put to the test next week, when consumer price data will reveal how much more the Federal Reserve will need to do to combat […]
To begin June trading, stocks are down
To begin June trading, stocks are down After a volatile trading month, US stock indices fell on the first day of June. The three major US indexes all gave up their morning advances. To close at 4101.23, the S&P 500 dropped 30.92 points, or 0.7 percent. The Dow Jones Industrial Average dropped 176.89 points, or […]
Stocks end a bumpy month with a drop as the rally fades
Stocks end a bumpy month with a drop as the rally fades After a recovery late last week failed to maintain pace, US stocks ended a bumpy month of May down on Tuesday. In a turbulent session, the S&P 500 dropped 0.6 percent, while the Dow Jones Industrial Average dropped 220 points, or 0.7 percent. […]
In May, Global stock markets swing positive due to Fed bets
In May, Global stock markets swing positive due to Fed bets On forecasts of a likely pause in US monetary tightening and after an easing of COVID restrictions in China, world stock markets climbed on Monday and the dollar was held near five-week lows. Following signals of peaking American inflation on Friday, confidence in a […]
US stock market halted its losing trend & inflation to moderate
US stock market halted its losing trend & inflation to moderate The NASDAQ, which gained 3.3 percent, led all three US benchmarks to a positive finish on Friday, bringing the stock market’s seven-week losing streak to an end. The S&P 500 gained 2.5 percent, while the Dow Jones gained 1.8 percent, with 29 of the […]
US stock market closes higher as US Fed minutes were positive
US stock market closes higher as US Fed minutes were positive Wall Street ended the day higher on Wednesday, boosted by minutes from the Federal Reserve’s most recent monetary policy meeting, which revealed that officials agreed that the US economy was quite robust as they struggled to control inflation without sparking a recession. The minutes […]
Fears of slower growth in U.S.A have caused stock markets to tumble
Fears of slower growth in U.S.A have caused stock markets to tumble After statements from social media company Snap and poor economic data raised concern that the US economy was about to decline dramatically, investors sold stocks on Tuesday and bet on a less aggressive Federal Reserve policy. On Tuesday, the NASDAQ Composite, which is […]
Big tech and banks are driving Wall Street higher; the Dow is up 2%
Big tech and banks are driving Wall Street higher; the Dow is up 2% On Monday, US equities finished higher as bank gains and a resurgence in market-leading tech companies fueled a broad-based rally following Wall Street’s largest weekly fall since the dotcom bust more than two decades ago. All three major US market indexes […]
Stocks in the United States finish with a mixed performance
Stocks in the United States finish with a mixed performance On Friday, May 20, 2022, the US stock market ended the day on a mixed note, with a lack of important US economic data putting some investors on the sidelines and concerns about the potential economic consequences from the Federal Reserve’s efforts to suppress […]
Stocks end the day higher as indexes recover from their recent sell-off
Stocks end the day higher as indexes recover from their recent sell-off Stocks in the United States rose on Tuesday, helped by a rise in technology companies, as all three indexes recovered after heavy selling last week sparked by concerns about persistently rising prices and the possibility of an economic downturn. Investors mostly ignored Federal […]
Stocks finish mixed as tech stocks face additional pressure
Stocks finish mixed as tech stocks face additional pressure On Monday, U.S. stocks finished mixed, with shares unable to find direction as fears about the economy’s prospects grew amid rising inflation. The S&P 500 finished the turbulent day down 0.4 percent at 4,008.01. The NASDAQ slid 1.2 percent to 11,662.79 as mega-cap technology giants such […]
The stock market meltdown may not be ended yet
The stock market meltdown may not be ended yet A massive outflow of funds, a $11 trillion loss, and the biggest losing run for world markets since the financial crisis of 2008. The bad news is that it may not be over yet. The MSCI ACWI Index selloff has slashed company valuations across the US […]