Stocks rose on Thursday, as the market tried to recover some of the steep losses suffered in 2022, even as Wall Street continued to weigh recession risks. The Dow Jones Industrial Average was up 125 … Read more
U.S. stocks declined Wednesday, giving up some of the previous session’s sharp gains. The Dow Jones Industrial Average dropped 265 points, or 0.9%, while the S&P 500 fell 0.8%. The Nasdaq Composite slipped 0.7%. Those … Read more
Despite collapsing macro data (and regional manufacturing surveys slumping), analysts forecast a fifth straight month of increased US industrial production in May (although at a considerably slower pace of just +0.4% MoM). Industrial production did … Read more
The Dow Jones Industrial Average tumbled below the key 30,000 level on Thursday as investors worried the Federal Reserve’s more aggressive approach toward inflation would bring the economy into a recession. The Dow had rallied … Read more
Stock futures rose in early morning trading on Wednesday as investors anxiously awaited the Federal Reserve’s aggressive action to tame surging inflation. Futures on the Dow Jones Industrial Average were up 210 points, or 0.7%. … Read more
Defensive sectors not overextended if macro backdrop remains volatile: DataTrek’s Colas Recession fears are on the rise as the Federal Reserve gears up to fight inflation. Many stock-market investors are already playing defense and may … Read more