Crypto platform Voyager Digital Ltd. VOYG, -52.50% shares plunged more than 60% Wednesday after the company said its subsidiary Voyager Digital LLC, may issue a notice of default to embattled crypto ...
Tag: article_normal
This dividend fund is down 3% vs. S&P’s 20% drop. Here are its top stock picks
By now even the most ardent tech and growth-stock enthusiasts realize the bull market is over. John Kornitzer’s approach to selecting high-quality stocks for the Buffalo Flexible Income Fund is one th...
Powell says U.S. economy can handle the additional rate hikes that are coming
Federal Reserve Chairman Jerome Powell on Wednesday pushed back against economists who argue that aggressive Fed interest-rate hikes have increased the odds of a recession or hard landing for the U.S....
Tesla stock selloff created ‘generational’ investment opportunity, analyst says
The recent selloff in Tesla Inc.’s stock TSLA, +1.16% has created a “generational investment opportunity” in one of the most compelling growth stories, said CFRA analyst Garrett Nels...
I’m the COO of a mortgage company that’s funded more than $100 billion in loans. Here are the 3 things you need to know about the housing market now
Steve Reich Mortgage rates climbed above 6% last week, according to Bankrate data, with some pros saying they may go higher. (You can see the lowest mortgage rates you may qualify for here.) On top of...
Oil and gas stocks suffer broad, sharp selloff as crude futures drop
The S&P 500’s energy sector was suffering a unanimous selloff, as crude oil CL00, -6.61% and natural gas futures NG00, -1.32% slumped amid growing demand concerns and as the Biden administra...
U.S. stock futures drop as Powell testimony looms, recession worries return to the spotlight
Recession worries were back in the spotlight for Wall Street on Wednesday, with equity futures and oil prices dropping, as investors looked ahead to Congressional testimony from Federal Reserve Chairm...
The stock market’s big Tuesday bounce is likely to fizzle out: Capital Economics
It was Turnaround Tuesday for the stock market as investors returned from a three-day weekend following the S&P 500’s worst weekly tumble since 2020. Skeptics see a bear-market bounce that’s likel...
S&P 500 must fall another 15%-20% to price in recession, says Mike Wilson at Morgan Stanley
The price is not right. That’s the verdict from strategists at Morgan Stanley and Goldman Sachs, who each warned as a new week kicked off that the stock market wasn’t fully pricing in a recession. And...
Tesla stock has ‘gone on sale,’ according to one analyst. Here’s what investors should do
Tesla Inc. stock is caught up in the tech selloff as well as some company and industry headwinds, but that doesn’t mean investors should shy away from the “highly attractive entry point” the pullback ...
Nearly one-third of older Americans have less than $10,000 saved for retirement
Many older Americans are willing to work during their retirement years — and they may have to be — because they aren’t financially prepared for their old age. Almost three in 10 people between 55 and...
Meet the ‘unluckiest’ stock market investor of modern times
If you’re thinking of pulling your 401(k) out of the stock market, or you’re too terrified to invest more, you need to meet my friend Betty Badluck. Poor old Betty has had the worst luck of any stock ...
Supreme Court dismisses case against SEC’s ‘no admit, no deny’ policy backed by Musk, Cuban
The U.S. Supreme Court Tuesday rejected a challenge brought against the Securities and Exchange Commission by a former Xerox executive, and backed by Tesla CEO Elon Musk, against the Securities and Ex...
GE opens claims process to compensate harmed investors
General Electric Co. GE, -0.38% said Tuesday that it has opened the claims process for the GE Fair Fund, which was established to compensate investors “harmed” by GE’s failure to dis...
Elon Musk joins the growing chorus fearing a U.S. recession. But there are stocks for that.
Look out above, the dip buyers are back in town. Stocks are soaring — for now — as Wall Street returns from a long holiday weekend, with Fed Reserve Chair Jerome Powell testifying in front of Congress...
Kellogg announces plan to split into three separate businesses
Kellogg Co. K, +2.68% shares jumped 8.1% in Tuesday premarket trading after the food company announced a plan to split into three businesses: “Global Snacking Co.,” which will represent ab...
As inflation hits a 40-year high, here’s how to rethink emergency savings
How much do you really need in your emergency fund? Getty Images/iStockphoto You’ve likely long heard that you should have 6-9 months of expenses socked away in your emergency fund – ideally in a safe...
Energy and these 2 other sectors led the S&P 500. Now they’ve tanked. Here’s why that could be good for the stock market.
An unwind of the stock market’s best performing sectors had to happen eventually. And that may be just what this bear market ordered, according to Jonathan Krinsky, chief market technician at BTIG. Si...
Is the U.S. stock market closed today? What investors need to know on Juneteenth.
U.S. stock and bond markets will be closed Monday, June 20, in observance of the Juneteenth holiday, which commemorates the end of slavery in America. Officially known as the Juneteenth National Indep...
Stocks are still too expensive and rising rates may shock financial system, Seth Klarman warns
Investment legend Seth Klarman went back to his roots at the Harvard Business School to declare that the stock market is still too pricey even with its slide this year. “You’ve got a stock market that...
Asian markets mostly fall ahead of U.S. holiday
TOKYO (AP) — Asian markets were mostly lower in cautious trading Monday ahead of a federal holiday in the U.S. Worries over inflation and risks of a global recession from central bank efforts to bring...
Bitcoin rallies back above $20,000 on Sunday, after hitting 18-month low
Bitcoin prices rallied Sunday, topping the $20,000 level again after falling to an 18-month low Saturday amid a weeks-long cryptocurrency rout. Bitcoin BTCUSD, +0.48% surged about 16% in the past 24 h...
Fed’s Waller backs another jumbo interest-rate hike in July
Federal Reserve Gov. Christopher Waller said Saturday that he would like to see another 75 basis point interest rate hike at the next policy meeting in late July. Waller supported the Fed’s decision t...
What the Fed’s biggest rate hike in decades means for the bear market in bonds
Historically bad. That’s how the mammoth $53 trillion U.S. fixed-income market has performed this year as the Federal Reserve works to curtail high inflation threatening to wreck the economy. To turbo...
These money and investing tips can help you be smarter in a bear market that might not be average
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 Why bonds haven’t performed be...
Oil prices end lower to break a string of weekly gains as demand worries linger
Oil futures finished with a loss on Friday, with U.S. and global benchmark prices ending a streak of weekly gains, as investors juggled recession fears and concerns over demand. Price action West Texa...
Why stock-market investors are ‘nervous’ that an earnings recession may be looming
Investors are anxious the stock market may be facing an earnings recession, potentially leading to deeper losses after the S&P 500 index just suffered its worst week since March 2020. “It’s prett...
Bitcoin’s nosedive through the $20,000 mark is a Minsky Moment for crypto: ‘Psychologically for a lot of people, this is galling’
Is bitcoin BTCUSD, +4.03% facing a breaking point? That’s what some investors, acolytes and otherwise, might be contemplating, as the cryptocurrency’s descent accelerates over the weekend. The world’s...
I want to retire next year, but I have $25,000 in credit card debt and a major monthly mortgage payment — I also live with my three kids and ex
I’ll be 57 next month and am divorced with three kids living with me. One is 28, she’s working, another is 21 and a senior in college (with a full scholarship) and the youngest is 15 (a sophomore in h...
These software companies are unsung winners in the semiconductor industry
Mention semiconductors and chip giants such as Intel Corp., Advanced Micro Devices Inc. and NVIDIA Corp. spring to mind, but there are other, less high-profile companies, operating in the space that d...