Text size Peter Rice joined Disney in 2019. Arturo Holmes/Getty Images A top executive at Walt Disney is leaving nearly a year after renewing his contract in what might be just the latest headache for...
Tag: DJIA
The stock market and inflation: How the S&P 500 performs on CPI report days
Stock-market investors crowded the exits on Thursday, sending major stock indexes sharply lower a day ahead of another eagerly anticipated consumer-price index reading. Recent history may offer a clue...
Oil prices could go ‘parabolic,’ putting global economy in ‘critical situation,’ says Trafigura chief
“‘We have got a critical situation. I really think we have a problem for the next six months. … [O]nce it gets to these parabolic states, markets can move and they can spike quite a lot.’” — Jeremy We...
The Stock Market’s Drop Is Worse Than It Looks. Here’s Why.
The stock market is sliding, and most stocks in the S&P 500 are lower. Getty Images Text size The stock market is having a bad day—and it’s even worse than it looks. The Dow Jones Industrial Avera...
This big investor called inflation early and sees it above 7% at year’s end
Far from the bustle of Wall Street, inside his downtown Minneapolis office, Tim Magnusson got his first aching gut feeling about U.S. inflation in May of last year. That’s when U.S. government data sh...
Peak U.S. inflation? This obscure corner of the financial market says otherwise
In a little-known part of the financial market that’s had the most accurate reads on U.S. inflation so far, traders are pricing in an annual headline rate on the consumer-price index of 8.5% or higher...
Here’s why the stock market gets ‘squirrelly’ when bond yields rise above 3%
Stock-market investors seem to get jittery when the 10-year Treasury yield is trading above 3%. A look at corporate and government debt levels explains why, according to one closely followed analyst. ...
Tesla’s China Numbers Are Coming. Here’s What to Expect.
Text size Tesla’s Shanghai plant was shut at the start of April due to China’s Covid-19 lockdown measures. Xiaolu Chu/Getty Images Tesla ’s wholesale numbers from its Shanghai plant for Ma...
Home affordability has ‘collapsed’ in 2022. What to expect next, according to BofA
The double whammy of surging mortgage rates and skyrocketing home prices has led to “collapsed” housing affordability in America, according to Chris Flanagan’s team at BofA Global Research. The situat...
Rivian Writes a Letter to Shareholders. These Are the Three Noteworthy Items.
Text size R1S sport utility vehicle being manufactured. Courtesy Rivian Electric-truck startup Rivian Automotive quietly passed a milestone Monday. The company hosted its first annual meeting as a pub...
The Stock Market Is Charting a New Course. It Won’t Be Pleasant.
Text size Delta Air Lines told investors that revenue would finally return to 2019 levels, amid strong travel demand. Brandon Bell/Getty Images The trend is your friend, or so they say. But right now,...
Investors may be in for this rude surprise: History shows inflation can take years to return to normal even when Fed hikes above 10%
History can be a powerful tool, particularly in a high-inflation environment like this one in which no suitable economic model seems to apply. Inflation — running at 8.3% as of April, near a four-deca...
Why a top Wall Street quant sees S&P 500 taking back all its losses by yearend
JP Morgan’s Marko Kolanovic, one of the most closely followed quantitative analysts on Wall Street, augured in a note to clients on Wednesday that U.S. stocks could see a torrid rebound during the lat...
What ChargePoint Earnings Say About the State of EV Charging in America
Text size ChargePoint Inc. had about 188,000 active charging ports at the end of the latest quarter. Dania Maxwell/Bloomberg The electric-vehicle charging-equipment company ChargePoint Holdings report...
U.S. stocks end lower Tuesday as Biden, Powell meet on inflation; Dow, S&P eke out gains in May
U.S. stocks closed lower Tuesday, the final session of May, as Treasury yields pushed higher following last week’s equity market bounce after a historic string of weekly losses. The Dow Jones Industri...
Fed’s quantitative tightening is about to arrive: What that might mean for markets
The Federal Reserve’s almost $9 trillion portfolio is about to be reduced starting on Wednesday, in a process intended to supplement rate hikes and buttress the central bank’s fight against inflation....
Should You Buy or Sell Rivian Stock? What One Analyst Says To Do Now.
Text size Electric-car maker Rivian went public on the Nasdaq in November. Courtesy of Rivian Wall Street is sticking with its Buy call for Rivian stock. Mizuho analyst Vijay Rakesh says that current ...
Brace for another selloff if U.S. stocks reach this technical ‘danger zone’
“Top Gun: Maverick” is taking American cinemas by storm, so it’s only right that Wall Street strategists would work some references to the classic 1980s franchise into their client research which is o...
Dow Falls 200 Points As Experts Warn That High Inflation Could Lead To Further Selloff
Topline The stock market fell on Monday, failing to build on recent gains after its best week since November 2020, as widespread selling pressure resumed amid growing fears about surging inflation lea...
Stock Market Today: Global Stocks, U.S. Futures Move Higher on Memorial Day
Text size Stock and bond trading will resume on Wall Street on Tuesday after Memorial Day. Ed Jones/AFP via Getty Images Global stocks and U.S. futures rose on Monday amid a quiet day for markets due ...
Toyota Is Cutting Car Production Again. It’s Bad News for Inflation.
Text size A scene from a Toyoya production line in India. Dhiraj Singh/Bloomberg Global car production has been hampered for months because of a plethora of supply-chain and logistics issues. Investor...
Durability of U.S. stock- market bounce in question as inflation worries linger ahead of payrolls report
Investors took a breather this week as U.S. stocks bounced back from a weeks long selloff and the latest reading on inflation offered glimmers of optimism to those hoping for a peak in price pressures...
Markets Finally Reversed Their Losing Streaks. The Fed Might Avoid Inflicting More Pain, After All.
Text size A ‘help wanted’ sign is displayed in a Manhattan store in New York City. Spencer Platt/Getty Images Nothing lasts forever, not even a stock market decline. But just because a mar...
Why the Dow finally bounced — and what it will take to prove it’s for real
A little pre-summer cheer finally filtered its way into the stock market the week before Memorial Day, but it will likely take more than the Dow Jones Industrial Average’s first winning week since lat...
The Stock Market Finally Had a Winning Week. Why It Might Not Last.
Text size Ed Yardeni, founder of Yardeni Research: “We now are raising the odds of a recession from 30% to 40%.” Christopher Goodney/Bloomberg The stock market ended its multiweek losing streak, and l...
Stocks close sharply higher after inflation data; Dow snaps longest weekly losing streak since 1932
U.S. stocks ended sharply higher Friday, with all three major benchmarks booking weekly gains, after the Federal Reserve’s preferred measure of inflation for April had the smallest increase in a year ...
GM vs. Ford Stock: Both Are Down, but One Has Near-Term Upside
Text size Ford vehicles are displayed on the sales lot at Serramonte Ford in Colma, California. Justin Sullivan/Getty Images Price targets for Ford Motor and General Motors have been coming down latel...