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
Stocks rose Tuesday following a brutal week as investors assessed a more aggressive Federal Reserve and rising chances of a recession. The Dow Jones Industrial Average jumped 424 points or 1.4%. The S&P 500 climbed … Read more
As of this writing, the dollar is up 43 bps. Bonds are softer. Stocks started the day mixed, but are significantly lower now. The Nasdaq is down 2.8% at the worst of it. Gold is … Read more
The S&P 500 would have to climb above 4300 to even hint at a change in the stock market’s downtrend The S&P 500 index is trying to put a short-term bottom in place, and it … Read more
The manipulations in the stock market are getting ridiculous. “Someone” forced stocks higher on Friday. The S&P 500 rose 55 points in just 24 minutes started at 3:10PM. And when that didn’t do the job … Read more
Nasdaq books its biggest daily percentage gain since November 2020 U.S. stocks ended sharply higher Friday, but all three major benchmark still booked another week of losses, as investors assessed the scope for further downside … Read more
Quick takes: Use this draw-down as an opportunity. The markets collapsed Thursday from leveraged ETFs (SQQQ & TQQQ) selling $15bn and option dealers selling huge amounts of gamma into the market. The Fed will NOT … Read more
Rising VIX signals more equity weakness ahead: strategist U.S. stocks fell sharply Friday, extending losses and investors weigh up hawkish comments on interest rates by Federal Reserve Chairman Jerome Powell while earnings reports disappointed. How … Read more
U.S. stock indexes were trading mostly higher Wednesday morning, as investors tried to shake off disappointing results from Netflix Inc. and focused on more earnings reports and an update on economic conditions from the Federal … Read more
U.S. stocks rose Tuesday, after two days of falls, as investors focused on a report showing so-called core inflation slowing even as consumer prices rose by the fastest rate in 40 years. What’s happening The … Read more