A basket of metals that go into lithium ion batteries is up 64% so far in 2022, which theoretically raises the sticker price of an average electric vehicle. Ronny Hartmann/AFP via Getty Images Text si...
Tag: DJIA
The S&P Experienced a Death Cross. Here’s the Bright Side.
Illustration by Elias Stein Text size The S&P 500 has performed poorly this year, down about 6.4%. This past Monday, it got scary in a Harry Potter sort of way: The benchmark experienced a death c...
The Stock Market Just Had Its Biggest Rally Since 2020. Enjoy It While It Lasts.
Text size It was the largest weekly gain for all three major U.S. indexes since November 2020. Michael Nagle/Bloomberg Drop a ball off a balcony, and it will bounce. Drop the market off an all-time hi...
Fed Not Doing Enough to Fight Inflation, Fed President Says. He May Be Right.
President of the Federal Reserve Bank of St. Louis James Bullard wants the Fed to move faster. Alastair Pike / AFP via Getty Images Text size St. Louis Federal Reserve Bank President James Bullard has...
Tesla Stock, Nvidia Were Sold by Retail Traders. Here’s What They Bought.
Text size (Photo by CHRIS DELMAS/AFP via Getty Images) AFP via Getty Images Retail traders were taking a cautious approach by selling stocks like Tesla and Nvidia as the markets gained for a third con...
Tesla’s Elon Musk Is Working On Master Plan 3. The Stock Is Jumping.
Text size Elon Musk. Jim Watson/AFP via Getty Images A Thursday tweet from Tesla CEO Elon Musk seems to be helping the stock. All it says is “working on Master Plan Part 3,” but people who follow the ...
Tesla CEO Elon Musk Is Working On Master Plan 3. Investors Are Excited.
Text size Elon Musk. Jim Watson/AFP via Getty Images A Thursday tweet from Tesla CEO Elon Musk seems to be helping the stock. All it says is “working on Master Plan Part 3,” but people who follow the ...
Nvidia Stock Needs a Catalyst. It Could Get One Next Week.
Text size After rocketing higher in 2021, Nvidia shares have been under pressure in 2022. Remus Rigo/Dreamstime.com Like much of the rest of the stock market, to say nothing of the beaten-down tech se...
The Market Rose on the Fed’s Rate Hikes. What It Might Be Missing.
Text size Fed Chair Jerome Powell told reporters Wednesday the central bank had the tools to bring inflation down. Photographer: Julia Nikhinson/Bloomberg It may not rank with the “whatever it takes” ...
Investors have been scared out of this group of stocks, says fund manager, who offers five ideas for the rebound to come.
China has been talking up its markets, and that’s lifting all boats this morning, with Wall Street off to a strong start ahead of what’s expected to be the first Fed rate hike in more than three years...
Dow futures climb nearly 400 points, with Fed interest-rate hike in the spotlight
U.S. stock futures on Wednesday pointed to an extension of the previous session’s rally, as traders wait for the Federal Reserve’s monetary policy decision and react to China’s statement of support fo...
Stock Market Today: Dow Rises, Fed Decision Ahead, Alibaba and JD.com Soar
Text size Fed Chair Jerome Powell will host a press conference at 2:30 p.m. Eastern. Graeme Jennings / POOL/AFP via Getty Images Stocks were moving higher Wednesday as markets readied for a long-await...
S&P 500 marks 1st death cross in 2 years as investors assess Russia-Ukraine ahead of Fed decision
Dow industrials barely gained on Monday, while the S&P 500 logged its first death cross in two years and the Nasdaq Composite slumped to its lowest since December 2020, as investors monitored Russ...
Boeing receives order for up to 35 737 MAX planes from new Caribbean airline Arajet
Boeing Co. BA, -0.40% said Monday that it has received and order for 20 737 MAX planes from the new Caribbean airline Arajet. The order for the 737-8-200 model plane includes options to buy an additio...
What a Russia debt default would mean for financial markets as Ukraine invasion continues
The threat of a Russian default on sovereign debt is seen near, but investors so far aren’t panicking over any potential hit to global financial markets. “While a default would be symbolic, it seems u...
Ford Stock Is Down For a Very Odd Reason. No, Production Guidance Wasn’t Cut.
Auto investor nerves are frayed as they deal with Russia, inflation and the persistent chip shortage. Scott Olson/Getty Images Text size Automotive News incorrectly reported over the weekend that Ford...
Fed to hike interest rates Wednesday, undeterred by lack of visibility on Russia-Ukraine war’s impact
On Saturday, a strong late winter storm caused havoc on the East Coast, particularly in Pennsylvania, with drivers experiencing severely reduced visibility as winds blew snow across the roads. Speed l...
Hang Seng slumps 3% over COVID lockdown worries, oil falls as Russian attacks in Ukraine intensify
BANGKOK (AP) — Stocks were mixed in Asia and oil prices fell Monday as uncertainty over the war in Ukraine and persistently high inflation kept investors guessing about what lies ahead. Tokyo and Sydn...
GE Builds 350-Ton Turbines at Its Power Facilities. Here’s What We Found on a Tour.
Text size 7HA.03 gas turbine in GE’s Greenville, S.C., factory. Courtesy GE Power General Electric led a tour of one of its South Carolina gas power facilities as part of its Investor Day on Thursday—...
American Express stock a rare Dow gainer, after dividend raised by 21%
Shares of American Express Co. AXP, -1.00% rose 0.3% in morning trading Thursday, to buck the selloff in its financial peers and the broader stock market, after the credit card and travel-related serv...
Rivian Stock Slumps After Earnings. Wall Street Says Buy the Dip Of Course.
Text size Courtesy Rivian If we learned anything from Rivian Automotive earnings and the reaction of the stock, it’s that the company’s production ramp-up isn’t happening fast enough for the market. W...
Self Driving Stock TuSimple Jumps On a Kind Of New Buy Rating.
Text size TuSimple provides self-driving technology for heavy-duty trucks Courtesy of TuSimple Shares of TuSimple Holdings , a provider of technology for self-driving vehicles, are up in Thursday trad...