Just five trading sessions accounted for more than 95% of S&P 500 index losses in 2022, according to an analysis by Datatrek co-founder Nicholas Colas in a note published Wednesday, as stocks head...
Tag: article_normal
Kala Pharmaceuticals stock rockets nearly 300% after FDA OKs IND application for PCED treatment
Shares of Kala Pharmaceuticals Inc. KALA, +219.90% quadrupled in very volatile trading Wednesday, after the biopharmaceutical company said the Food and Drug Administration accepted its investigational...
Workers and retirees are getting some year-end goodies from Washington
America’s workers and retirees are getting some nice year-end gifts from Washington. As part of a bigger bill to keep the government running, Congress has passed, and President Biden has signed, somet...
5 things not to buy in 2023
It’s been a year of contradictions. The recession drum beats on, interest rates are rising, and the stock market has taken a tumble, and yet retail sales have risen 6.5% in the last 12 months, trailin...
‘Auto makers are building more expensive vehicles’: Why you should not buy a new car in 2023
There are always good reasons for most people not to buy a new car. Such a purchase can set you back for years, as high monthly payments delay the buildup of savings and investments that will be neede...
With this simple year-end change to your retirement accounts, you can reap significant tax rewards
If you are a middle-income earner, you may be in a much better position tax-wise than you realize. That’s good news: You may be able to take advantage of that better position to strengthen your retire...
Nio stock drops after Tesla halts production in Shanghai
Shares of Nio Inc. NIO, -7.70% dropped 5.7% in premarket trading Tuesday, to buck the rally in the broader stock markets, as Tesla Inc.’s TSLA, -7.47% extension of its production suspension at its Sh...
Car repos are on the rise, thanks to record-high monthly payments, recession warnings
Car repossessions have grown less common in the past two years, but those days may be over. Credit rating agency Fitch Ratings says repossession rates have nearly returned to pre-pandemic levels. Some...
Tesla stock falls again, toward longest losing streak in more than 4 years
Shares of Tesla Inc. TSLA, -1.76% sank 2.8% in premarket trading Tuesday, after the electric vehicle maker extended the production suspension its Shanghai plant on Saturday as COVID infections surge i...
U.S. stock futures rise ahead of last trading week of 2022
U.S. stock futures rose Monday night, ahead of the final trading week of 2022. Dow Jones Industrial Average futures YM00, +0.49% gained nearly 200 points, or 0.6%, as of 9:45 p.m. Eastern. S&P 500...
Are high-deductible health plans worth it? Here’s who can benefit the most.
Hello and welcome to Financial Face-off, a MarketWatch column where we help you weigh financial decisions. Our columnist will give her verdict. Tell us whether you think she’s right in the comments. A...
Asian shares rise in thin holiday trading, with U.S., European markets closed
BANGKOK (AP) — Shares rose Monday in Asia in thin post-Christmas holiday trading, with markets in Hong Kong, Sydney and several other places closed. Tokyo’s Nikkei 225 index NIK, +0.65% gained 0.6% to...
These money and investing tips can help give your portfolio a holiday makeover
Don’t miss these top money and investing features: Sign up here to get MarketWatch’s best mutual funds and ETF stories emailed to you weekly! INVESTING NEWS & TRENDS A stock-market indicator with ...
10 ways American finances actually improved in 2022, despite high interest rates and a slump in stocks
Many Americans are ending the year feeling gloomy about their finances, and you don’t need to be a psychiatrist to figure out why. Runaway inflation gnawed through household budgets as prices soared o...
D.C. spending deal sets way for employers to help workers build cash savings
As people watch their savings sink under inflation’s pressure, one provision in the congressional year-end spending deal aims to make it easier for workers to save money for life’s unexpected expenses...
Buy now pay later vs. credit cards — which one is better for you?
Hello and welcome to Financial Face-off, a MarketWatch column where we help you weigh financial decisions. Our columnist will give her verdict. Tell us whether you think she’s right in the comments. A...
Oil books biggest weekly gain since October as concerns rise over Russia supplies
Oil futures rose Friday, booking strong weekly gains, as concerns grew about a drop in Russian exports following the imposition of a price cap by G7 countries earlier this month. Russia’s deputy prime...
Equity funds suffer largest ever weekly outflows: BofA Global
Investors withdrew billions of dollars from equity funds at a record pace in the days after the Federal Reserve, the Bank of England and European Central bank raised interest rates in mid-December and...
A stock market gauge with one of the best track records is cheering investors
It’s bullish for the stock market that the average household’s equity allocation has declined as much as it has. I’m referring to an indicator that its creator, the anonymous author of the Philosophic...
The bright side of the chip glut: Nvidia, AMD and Intel gaming cards are cheap and very available for Christmas
Plenty of gamers have woken up on Christmas morning in the past two years feeling disappointed that there wasn’t a gaming card under the tree — the gear was too often unavailable, or selling for much ...
Avocado prices are plunging, sending Mission Produce stock toward its worst day ever
Mission Produce Inc. shares headed for their worst day yet on Friday, following an earnings report that showed the effects of rapidly declining avocado prices. Mission Produce AVO, -15.20% reported a ...
How a Santa Claus rally, or lack thereof, sets the stage for the stock market in first quarter
It’s the time of the year when the traditional seasonal lift for U.S. stocks known as the “Santa Claus rally” usually takes place. But unlike past holiday seasons, this one may get bogged down by the ...
Treasury yields end higher after U.S. inflation reading
Treasury yields ended a holiday-shortened New York trading session higher on Friday, cementing a weekly increase, after the release of the U.S. personal consumption expenditure price index, the Federa...
Expion360 stock skyrockets in active trading after exclusive lithium battery supply deal
Shares of Expion360 Inc. XPON, +139.19% rocketed 154.5% in very active midday trading Friday, enough to make them the biggest gainers listed on major U.S. exchanges, after the maker of lithium batteri...
Micron’s recovery from ‘worst memory downturn in 13 years’ will take time, analyst says
Micron Technology Inc.’s results and outlook show the memory-chip market is probably at its worst downturn in 13 years and analysts expect the bounce back may take a while. Late Wednesday, Micron MU, ...
Tesla stock is the most oversold it has ever been
As Tesla Inc.’s stock keeps sinking, to suffer the longest losing streak in more than four years on Tuesday, it has become the most oversold on a technical basis since going public 12 years ago. Keep ...