The U.S. stock market swoon that took hold in late August is demonstrating why last month’s declarations of the start of a new bull market for the beaten-down Nasdaq Composite were treated as suspect....
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2-year Treasury yield sees biggest one-day drop since July after U.S. jobs report
U.S. Treasury yields moved lower Friday, handing the 2-year rate its biggest one-day drop in more than a month, after the August nonfarm payrolls report had traders paring expectations for an aggressi...
ETF or mutual fund — which is better?
Q.: I have read that one should always use ETFs instead of regular mutual funds and I’ve read one should never use ETFs and read that it doesn’t matter. What is your viewpoint on funds v ETFs? —Ted in...
Compounding a disastrous year for Bitcoin and other cryptocurrency: IRS proposes controversial new question about digital assets
The Internal Revenue Service could have a potential head-scratcher of a question about your crypto investments and what’s taxable, according to a major accountants’ association. For two years, the IRS...
5 tips for retiring in a volatile market
Retiring is usually accompanied by celebrations and relaxation, but recent market volatility is adding a measure of doubt for those nearing or at the start of their retirement. That volatility, couple...
‘The psychology has changed so quickly’: Why stock-market lows may be retested as S&P 500 enters its weakest stretch of year
With summer winding down, the U.S. stock market is set up for a potentially shaky fall. “Recession fears are the most likely trigger of a retest of the June lows,” said Ed Clissold, chief U.S. strate...
Apple, Tesla and Amazon stocks in danger of 1st closes below 50-DMAs in nearly 2 months
Shares of mega-capitalization companies Apple Inc. AAPL, -1.36%, Amazon.com Inc. AMZN, -0.24% and Tesla Inc. AMZN, -0.24% are all falling toward losing streaks of at least five sessions, enough to pus...
Why an epic U.S. dollar rally could be a ‘wrecking ball’ for financial markets
The U.S. dollar is on a tear, hitting historic highs versus major rivals and sending ripples through global financial markets as investors see the Federal Reserve pressing interest rates higher in its...
British pound seen trading near parity with the dollar, economists say, as selloff takes Wall Street by surprise
It’s a notion once thought impossible. As the British pound trades at its weakest level against the dollar in more than two years on Friday, some economists expect it could close in on parity with the...
U.S. stocks on track for biggest blown lead since April in final hour of trading
The S&P 500 is on track to book its biggest blown lead since April as the broad-market index is down nearly 1% in the last hour of trading on Friday, as news of a prolonged halt of natural gas flo...
‘That was unheard of not long ago.’ This is what you should be earning on your savings account right now (and psst: many of you aren’t)
If you’re only saving $1,000 and your APY is 0.10%, that might not move the needle, however “if your savings is in the five figures or more, a higher APY could be more rewarding,” an expert said. Gett...
Bonds enter first bear market in at least 30 years
The bond market has entered its first bear market in more than 30 years — and possibly much longer. The Bloomberg Global Aggregate Total Return Index has now dropped more than 20% below its peak, the ...
Warren Buffett’s Berkshire Hathaway sells off more BYD Co. stock
Warren Buffett’s investment company Berkshire Hathaway Inc. has further pared its ownership in Chinese auto maker BYD Co. after recently disclosing that it had started selling some shares. Berkshire H...
If you need one more reason why stocks will likely lose money in September, here it is.
Finally, investors have a good reason for why the U.S. stock market will suffer above-average volatility and below-average performance this month: It’s the Fed. I say “finally” because market analysts...
Silver is at a 2-year low, but it’s not gold that will determine what happens next, this analyst says
A tie can feel like a loss if you were in line for a victory. Conversely the draw can be celebrated if you were facing defeat. After a number of sessions when early gains evaporated, traders will be r...
After selling Nvidia last month, Cathie Wood’s ARK snaps up graphic chipmaker’s stock as it hits 52-week low
That was a quick turnaround. After cutting its stake in Nvidia ahead of the graphic chipmaker’s results last month, Cathie Wood’s ARK Invest has now bought the stock in three of the company’s funds. T...
What does Friday’s jobs report mean for the market? ‘Too hot’ and stocks could tumble, says market pro
With Federal Reserve Chair Powell last week reaffirming plans to keep raising interest rates to bring down inflation despite the risk of recession, Friday’s monthly U.S. jobs report may once again car...
NIO, other China-based EV maker stocks fall after August deliveries reports
Shares of NIO Inc. NIO, -8.21% fell 2.2% in premarket trading Thursday, even after the China-based electric vehicle maker reported August deliveries that jumped 81.6% from a year ago to 10,677 vehicle...
‘Should I wait until the market calms down or pull the trigger now?’ I’m tired of my brokerage charging 1%, and I want to move my money now, but don’t want to lock in losses. What’s my move?
Is 1% too much to pay? Getty Images/iStockphoto Question: My current brokerage account charges 1% and also has high-priced funds so I’m thinking of moving my money. My question is should I wait until...
Hempacco stock debuts at more than 6 times the IPO price
Shares of Hempacco Co. Inc. HPCO, -34.32% blasted out of the gate Tuesday, as they opened more than 6 times the initial public offering price. The San Diego-based maker of herb, spice and cannabinoid ...
Jeremy Grantham warns ‘tragedy’ looms as stock ‘superbubble’ may burst
A “superbubble” appears dangerously near its “final act” after the recent rally in U.S. stocks lured some investors back into the market just ahead of potential “tragedy,” according to Jeremy Grantham...
Dow downgraded again, but high dividend yield keeps analyst from turning bearish
Shares of Dow Inc. inched lower Friday, putting them on track to suffer a sixth-straight loss, after another Wall Street analyst downgraded the chemicals and specialty materials company, citing concer...