It’s all eyes on federal banking regulators as investors sift through the aftermath of last week’s market-rattling collapse of Silicon Valley Bank. The name of the game — and the key to a near-term ma...
Tag: Dow Jones Industrial Average
What’s next for stocks after SVB collapse and as crucial inflation reading looms
Investors are preparing for the release of a U.S. consumer-price index that may show no meaningful letup in inflation, leaving few safe places to hide just as systemic risks may be growing. Coming jus...
How Wind Can Power the Planet and Aid GE Stock
The puffs of air that sway the grass on a summer’s day, the result of the uneven heating of the earth and its rotation, are one key to reducing humanity’s dependence on fossil fuels. Wind could be key...
SVB Financial CEO Sold $3.6 Million In Stock Before Bank’s Collapse
Topline The CEO of Silicon Valley Bank Financial sold $3.6 million in stock two weeks before the California banking giant’s epic crash Friday, signaling bank officials might have known the bank was in...
GE’s Big Plans Are Luring Wall Street Bulls. Target Price Doubled.
Wall Street is feeling more bullish about General Electric stock. Significantly more bullish in one instance. GE (ticker: GE) hosted its 2023 analyst and investor event in Cincinnati, Ohio on Thursday...
Stock market could ‘take it hard’ as expectations grow for a 6% fed funds rate
U.S. stock investors are clearly not too happy with what Federal Reserve Chairman Jerome Powell has said in the past two days. And there’s reason to think they’ll get even more dissatisfied in the wee...
Fed may stutter-step at end of interest rate hiking cycle for first time since 1990
U.S. financial markets are taking a more cautious approach as they forecast future Federal Reserve interest-rate decisions after Chair Jerome Powell said policymakers will likely need to raise interes...
Bond-market recession gauge plunges to triple digits below zero on way to fresh four-decade milestone
One of the bond market’s most reliable gauges of impending U.S. recessions plunged further below zero into triple-digit negative territory on Tuesday after Federal Reserve Chairman Jerome Powell point...
Rivian, Tesla, and 2 Other EV Makers Are Recalling Vehicles
Monday is looking like recall day for electric-vehicle makers. A few have showed up on the National Highway Traffic Safety Administration website. Recalls from the large players don’t look serious. Re...
U.S. stock futures retain Wall Street’s rally ahead of Powell testimony and jobs data
U.S. stock futures were steady early Monday, holding their latest rally ahead of testimony from Federal Reserve Chair Jerome Powell and crucial jobs data later in the week. How are stock-index futures...
Stock market faces crucial test this week: 3 questions to decide rally’s fate
There will be no rest for investors this week as they await a marquee report on the state of the U.S. labor market, along with biannual Congressional testimony from Federal Reserve Chairman Jerome Pow...
Ignore Wall Street’s gloom. Stocks do better when earnings fall: strategist
Adios to February, which disappointed many stock investors who enjoyed a bullish start to the year. But fears of a bigger meltdown by those swept up in Wall Street gloom may be in vain, says our call ...
This is what Warren Buffett, a self-described ‘so-so investor,’ says is his ‘secret sauce’
Stocks are rebounding on the heels of a rotten week — the worst since December for the S&P 500 SPX, +1.15% and the Nasdaq Composite COMP, +1.39%. And as Wall Street analysts go dark, with talk of ...
Asian shares follow Wall Street lower after stronger-than-expected data
BANGKOK (AP) — Shares fell Monday in Asia after Wall Street benchmarks closed out their worst week since early December. U.S. futures edged higher while oil prices fell. Reports on inflation, the jobs...
Tech Carried the Stock Market. Now They’re Taking It Down With Them.
The prospect of still-higher short- and long-term interest rates produced the worst week for the S&P 500 index in the relatively young year, a drop of 2.67%, and the third straight down week for t...
The Stock Market Doesn’t Look Cheap, Any Way You Slice It
Stock indexes closed another losing week in a downbeat February, as investors continue to debate the path of the economy and monetary policy. It’s a decidedly muddled outlook for the market from a fun...
Any Way You Slice It, Stocks Still Don’t Look Cheap
Text size This past week’s numbers gave investors plenty to fret about. Spencer Platt/Getty Images Stock indexes closed another losing week in a downbeat February, as investors continue to debate the ...
What’s next for stocks as investors realize Fed’s inflation fight won’t end soon
The stock market is ending February on a decidedly wobbly note, raising doubts about the durability of an early 2023 rally. Blame stronger-than-expected economic data and hotter-than-expected inflatio...
Global financial markets have had a rough time since Russia’s invasion of Ukraine, but it is not over yet
A year after Russia invaded Ukraine and set off the bloodiest conflict in Europe since World War II, global financial markets seem to no longer carry on the lasting shocks on a daily basis, but the fu...
Tech Carried This Upturn, and Now It’s Taking the Market Down With It
The prospect of still-higher short- and long-term interest rates produced the worst week for the S&P 500 index in the relatively young year, a drop of 2.67%, and the third straight down week for t...
Debunking The Myths – Did Stocks Really Go Nowhere From 1966
One should always look beyond the headlines. Getty Images Our investment newsletter, The Prudent Speculator, recently published a report showing that stocks historically have been indifferent to risin...
3M stock sinks toward 10-year closing low, and longest losing streak in nearly 4 months
Shares of 3M Co. MMM, -1.02% fell 1.6% in afternoon trading Friday, putting them on track for a 10-year closing low, as the maker of Scotch adhesives, Command hooks, N95 masks and Post-it Notes, conti...
The bond market’s worst-case scenario isn’t a Fed rate of 6%. It’s this.
A doomsday scenario for bonds in 2023 wouldn’t be the fed-funds rate reaching 6% by July. A bigger worry would be if U.S. inflation that’s been slow to retreat starts heading higher annually, said Jas...
Jim Bianco warns stocks face serious competition
Traditional savings accounts are going up against stocks. And, the winner may be your neighborhood bank for the first time in years, according to Wall Street forecaster Jim Bianco. He contends rising ...
Stellantis Stock Rises After Earnings Top GM, Ford, and Even Tesla
Stellantis finished up 2022 stronger than expected. By some measures, the company had a better year than even Tesla Stellantis stock climbed in early Wednesday trading. Stellantis (ticker: STLA) repor...
Fed’s James Bullard pushes for faster rate hikes, sees ‘good shot’ at beating inflation
St. Louis Federal Reserve President James Bullard expressed confidence that the central bank can beat inflation and advocated Wednesday for stepping up the pace in the battle. Bullard told CNBC that a...
Stock market saw worst day of 2023 because it’s unclear where rates will peak
Rising Treasury yields appeared Tuesday to finally catch up with a previously resilient stock market, leaving the Dow Jones Industrial Average and other major indexes with their worst day so far of 20...
GE Stock Hits a New High After an Old Bear Went Into Hibernation
Shares of General Electric hit a new intraday high Monday after an analyst who had been the company’s biggest bear dropped his coverage. J.P. Morgan analyst Stephen Tusa, whose $50 price target on the...